From last week, the WSJ reports that the number and popularity of credit cards has experienced something of a resurgence after the near-death experience Americans had with debt (that is, excluding student loans) during and after the Great Recession.
I dont’ know about you, but we regularly get offers for new credit cards with introductory rewards of anywhere between $100 and $500 each. You’d think they’d stop sending them to us since we just make the minimum purchases to get the reward and then go back to using our Costco Amex which morphs into an even better Costco Visa next month.
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About The Author
As you may have already deduced, this is not your typical financial blog, accompanied by some run-of-the-mill investment newsletter, and I’m not your typical financial writer.
In fact, I spent my entire working career as an engineer before retiring back in 2007 at the tender young age of 46. Two years prior to that in 2005 I started writing a blog – The Mess That Greenspan Made – mostly just to poke fun at the housing bubble and the policy makers who had led us down that path.
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