A few weeks back I was invited to join a number of bloggers who would be writing for a new web site Currency, by American Express.
I was very happy to be part of such a group as I was familiar with many of the others who would be writing. I have to say, I have a soft spot in my heart for AMEX. While I was still in school, my godfather trusted me with a Gold American Express Card which I was welcome to use as needed and I could pay him when the bill came in. This was my first experience with credit and at the time, the AMEX card did not have credit you could carry month to month. The bill was due within a few weeks of receipt. Period.
I’ve always felt that credit is a tool which can be used wisely or foolishly. In and of itself, it neither good or bad. Whenever I run into the “credit cards are evil” type, I remind them that I get rewards at no expense to me, whether it be the miles on my Citibank AMEX card (getting American Airline miles) or the American Express Open card that gives my 5% at office supply stores and 3% on gas purchases. My first post at Currency is Understanding Marginal Tax Cuts. Take a look and let my friends at American Express know what you think.
FTC disclaimer – I am paid for blog posts I author for the currency site. This post was not compensated.