Since I get emails all the time asking about different credit cards and if people should be signing up for this, that, or the other one, this will be a new feature every week about different credit cards. This week’s card is the IberiaBank Visa Gold Cash Back Rewards Card, which enables cardholders to earn a 1% cash rebate per dollar spent on all purchases. There is no limit to the amount of rebates cardholders may earn and rebates do not expire for the life of the account. There is also a 0% introductory rate on balance transfers submitted during the first three months. (If you are reading this by RSS, you might have to click through to see all the details)
While I am not a fan of carrying consumer credit card debt (yes, there are some people who don’t mind), there are three kinds of debt I don’t necessarily have a problem with. Going into debt to pay for a home, for an education, and even for a needed car are the only three times I feel it is OK to go into debt. Most people don’t have the income or savings to pay cash for their home, so they take out a mortgage for 30 years. Some people might want to get a better job, and might need to borrow the money to go back to school. And some people don’t feel comfortable shelling out $20,000+ in cash for a new car, so they might have to find a way to borrow some at a low rate. The only debt we have right now is our one car payment; our other car, my Jeep, was paid for in cash because it was a lot cheaper. The car debt is for another 4 years at 3.9%, so it’s not all that bad to take. While I use credit cards to pay for almost everything each month, I pay the balance off when it is due. This helps me get rewards points or miles, and keeps my credit history moving and current. However, some people have a different debt philosophy than me…
Although in this economy, you might not have a choice – and you might be lucky to get a lollipop on your way back to your cubicle. But if you could pick, and/or if you are in the position as a business owner, than hopefully this post will garner a little bit of a discussion about benefits at work. I have worked for companies that provided 100% of my health care, free gym memberships and dry cleaning, unlimited days off (as long as it wasn’t abused), etc. – and I have worked for companies that didn’t provide anything at all other than a paycheck. And now I am self-employed so I have to create whatever perks I want, which is the way I would want it over anything a corporate gig could offer me. But since most people do in-fact work corporate jobs, let’s first take a look at a company well known for their incredible work/life perks: Google.
After all, it means you still have a job. Many people have been looking for work for month and even years, so knowing you still have a desk to sit at for your company is just about worth the price you might pay. My brother spent almost 5 months unemployed for the second time in 2 years, and I am sure he would have preferred a little more work for the same pay in this economy. However, CNN/Money is phrasing it as “Layoff survivors are now stuck with more responsibilities and additional stress – for the same old salary“, turning what might be seen as a positive into a negative.