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Started By
Message
re: Experian: Millennials have horrible credit
Posted on 5/1/19 at 6:30 pm to Cheese Grits
Posted on 5/1/19 at 6:30 pm to Cheese Grits
I don't think you're grasping the fact that the cash buyer is paying the exact same price as a CC buyer.
2
Posted on 5/1/19 at 6:31 pm to Cheese Grits
quote:
Cash has no transaction cost
Checks have near zero transaction costs
Neither method generates annuity returns to a very limited corporate sphere.
And regardless of what I do personally, the transaction costs of credit cards will be absorbed by the merchant and passed to 100% of consumers regardless of their method of payment in 99 out of 100 cases.
So, this being reality, it’s foolish not to take advantage of credit card benefit systems m.
Posted on 5/1/19 at 6:31 pm to JohnnyKilroy
I haven't carried cash voluntarily in since I was in high school
Posted on 5/1/19 at 6:32 pm to JohnnyKilroy
quote:
I don't think you're grasping the fact that the cash buyer is paying the exact same price as a CC buyer
Exactly. And the credit card fees raise prices for everyone equally unless the place has cash prices.
Posted on 5/1/19 at 6:33 pm to TH03
(no message)
This post was edited on 10/22/20 at 7:40 pm
Posted on 5/1/19 at 6:34 pm to TH03
quote:
And the credit card fees raise prices for everyone equally unless the place has cash prices.
Correct. Which means that cash payers are also paying for credit card transaction fees without getting the benefits that come with using credit - points, benefits, insurance etc.
Which means they are suckers.
Posted on 5/1/19 at 6:35 pm to JohnnyKilroy
quote:
I haven't carried cash voluntarily in since I was in high school
I don't usually carry it but would like to more often. It's convenient to have sometimes.
My dad carries like 2-3k on him at all times. He doesn't want "the damn government to know what he spends his money on"
Posted on 5/1/19 at 6:36 pm to Antonio Moss
quote:
Correct. Which means that cash payers are also paying for credit card transaction fees without getting the benefits that come with using credit - points, benefits, insurance etc.
Which means they are suckers.
True
Posted on 5/1/19 at 6:37 pm to JohnnyKilroy
The only reason I have cash is to buy weed
Posted on 5/1/19 at 6:37 pm to Mr Perfect
Yeah, it’s the people’s fault that saved your sorry arse from speaking Chinese, German , Japanese or Russian as your native tongue that you don’t have whatever opportunity you think your participation trophy entitles you to.
You want opportunities, go create them like everyone else had to.
This country is screwed if butthurt pansies like you take over after all the real men die off.
You want opportunities, go create them like everyone else had to.
This country is screwed if butthurt pansies like you take over after all the real men die off.
Posted on 5/1/19 at 6:38 pm to cable
I’m a millennial nipping on the heals of the national average
Posted on 5/1/19 at 6:38 pm to JohnnyKilroy
I used to get 10% to 20% back for paying cash or with a check.
You kids today are not near as smart as you think you are.
You kids today are not near as smart as you think you are.
Posted on 5/1/19 at 6:38 pm to ccomeaux
quote:
Yeah, it’s the people’s fault that saved your sorry arse from speaking Chinese, German , Japanese or Russian as your native tongue
You mean boomers' parents.
quote:
participation trophy
Created by boomers.
Posted on 5/1/19 at 6:40 pm to Cheese Grits
I was literally just about to post that you were about to respond with some bullshite about getting a discount everywhere you go.
Why make shite up lol
Why make shite up lol
Posted on 5/1/19 at 6:42 pm to TH03
Stop ruining my argument with all your facts TH03
But yeah, you’re right I was a generation off
Point being, no one generation takes opportunity from another. Strong people thrive throughout history while the others bitch about why they aren’t
But yeah, you’re right I was a generation off
Point being, no one generation takes opportunity from another. Strong people thrive throughout history while the others bitch about why they aren’t
Posted on 5/1/19 at 6:43 pm to ccomeaux
(no message)
This post was edited on 10/22/20 at 7:41 pm
Posted on 5/1/19 at 6:44 pm to Oilfieldbiology
millennials out here schooling boomers about cash back rewards
fuk it all dude. these people are hopeless
fuk it all dude. these people are hopeless
Posted on 5/1/19 at 6:44 pm to ccomeaux
quote:
Point being, no one generation takes opportunity from another. Strong people thrive throughout history while the others bitch about why they aren’t
This you and I agree upon and celebrate. If you taught it to your children, like my parents taught me, and I hope to teach my children, the world will be all right
Posted on 5/1/19 at 6:45 pm to Mr Perfect
quote:
millennials out here schooling boomers about cash back rewards
Which costs the vast majority of people money because they end up carrying a balance
Posted on 5/1/19 at 6:45 pm to ccomeaux
quote:
Point being, no one generation takes opportunity from another. Strong people thrive throughout history while the others bitch about why they aren’t
I agree with you here.
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