"Watch your thoughts; they become words. Watch your words; they become actions. Watch your actions; they become habits. Watch your habits; they become character. Watch your character; it becomes your destiny." -- unknown

Insanity is doing the same thing over and over and expecting different results - Albert Einstein

Cashflow
June 12, 2008 - 6:27 pm

In other news, I had a one of those stupid epiphanies (is that really how you spell that!?)... Capital One sent me a flyer to remind me I can pay bills with my credit card.

Initial thought was: Why would I ever want to do that? Why pay bills with credit? I've got enough debit don't I?

But then... I realized, the reason why I don't carry cash and charge pretty much anything I buy is to get miles. With enough miles, I'll fly free some place. No hassles, right?

Well.. isn't bill pay an extension of that? I do automatic bill pay from my checking account now... why not move those payments to my credit card and have the bank send the payment to the credit card? Debit-wise, it's a wash... I just end up driving more of my cashflow through the card, getting more miles. At the end of the month, my debit will be the same.

Right?

What am I missing... something... surely something.