Cannonpointer » 10 Jul 2024, 9:45 pm » wrote: ↑
See, this is more of that wheel within a wheel. You ARE winning the game - but it's a loser's game. Let me explain.
The cost of goods and services you acquire in the manner described - the smartest and wisest manner available within the framework of choices available - has built in the cost of your "win." The credit card company is taking a cut of what you paid from your pocket - so you ARE paying for that money, albeit indirectly. The cut you pay goes from you to the vendor to the credit card company.
Now, you'd have paid the same cost if you had used your own cash - which is why doing it your way is the wisest of your available options. But you ARE on a wheel within a wheel, and you ARE being sneakily taxed - though not as hard-taxed as the poor **** who thinks it wise to pay cash for purchases.
totally...a recent trend in these parts are for small locally owned businesses, is to tack on @ 3% to the bill if paying by card to cover the fees incurred by the banks. At this point, it's a matter of choice to pay cash or pay the fee...
now for the bigger stores...you are correct, however,
they may or may not have those fees built in, so if it isn't an additional tacked on fee, there is no advantage in paying cash...however, that being said, it's more than likely they are built in...
JuCo 5 percenter...72
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