Monday, October 29, 2012

Life Hack #1: Use a Credit Card, Not Cash


Life Hack: 

When making a purchase of a tangible item of reasonable value, always use a credit card.


Why:
Consumer Protection: The idea of always using a credit card might seem moot to many who already do so as a routine out of pure convenience. But when you use a credit card, you are getting some consumer protection. Say you spend $100 cash on clothes and forget the bags in a taxi. Most of the time, the store receipt is placed in the shopping bag with the bought items. So now, you've lost the clothes you purchased and you have no proof you bought them. But if you have the charge on your credit card, you can always report the items lost or stolen. And for most, that will mean a refund in some form.

There is also of course the benefit of using a credit card to gain reward points from various credit card companies. If you are traveling often or even just purchasing often, using a credit card to get points could mean a free plane ticket.

So next time you head out with a pocket full of cash, save it for things like bars, restaurants and taxis. Then if you have any new purchases lost or stolen, you won't have to eat the bill.


0 comments:

Post a Comment

Categories

Photos (1107) Instagram (838) KILL YOUR TV (338) TV Series (148) ME (99) Movies (62) Ping (62) Matt Peloquin (33) Documentaries (32) Clips (30) Animation (29) AVGN (25) Comedy (21) News (17) Video Games (15) Sports (13) Nostalgia Critic (11) Radio (10) TV: Flight of the Conchords (10) Travel (10) Food (9) TV: Big Love (9) TV: Breaking Bad (9) TV: Family Guy (9) TV: Rescue Me (9) TV: Simpsons (9) Biographies (8) OnA (8) TV: 30 Rock (8) TV: American Dad (7) TV: Chuck (7) TV: Heroes (7) Music (6) Random Thoughts (6) TV: Eastbound and Down (6) TV: South Park (6) Computers (5) Misc (5) Science (5) Dogs (4) Life Hacks (4) TV: Lost (4) TV: The Office (4) espn360 (4) malia (4) Independant Movies (3) Scifi (3) TV: Terminator (3) TV: Testees (3) TV: Weeds (3) technology (3) B Movies (2) Croatia (2) Expat Living (2) Maps (2) One of the first songs Alexander listened to as a baby was Dave... (2) TV: Futurama (2) TV: Mad Men (2) TV: Psych (2) TV: Robot Chicken (2) Zagreb (2) #maliadog and I packed our bags and left... (1) #maliadog in Buenos Aires (1) ... (1) 10 years ago today (1) 2010 is the day that I left the United States to... (1) 6 years later in 2016 (1) 8 years ago. — view on Instagram... (1) Amazon (1) An introduction video from Matt Peloquin for prospective... (1) August 6th (1) Breaking News: — view on Instagram https://ift.tt/2DNDLLu (1) Container Growing (1) Facebook (1) For Alexander. Alexander (1) Gardening (1) Google Maps (1) HBO (1) Hi there! What’s your sexual orientation? This is from the... (1) History (1) Hulu (1) Interview (1) Language (1) Looking through old photos on my phone and this is the oldest (1) My quarantine sunsets: the beach is 3 minutes away walking (1) NHL (1) Nature (1) Netflix (1) Pleased to announce the launch of the new ClearStage.com. If... (1) QuickPix: Comedy (1) Random Facts (1) So excited to watch High Score on @Netflix! Classic #videogame... (1) TV Streaming (1) TV: Arrested Development (1) TV: Dream On (1) TV: Monk (1) TV: True Blood (1) TV:True Blood (1) Trailers (1) Yankees (1) but... (1) iPhone video of Alexander from 2016-2020 by Matt Peloquin (1) in this video you’ll find photos... (1) pUpdates (1) something stupid might have happened. —... (1) — view on Instagram https://ift.tt/3fKt4q1 (1) — view on Instagram https://ift.tt/3iUMevy (1) — view on Instagram https://ift.tt/3l3OUsr (1)