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July 07, 2006

Yes, Your Credit Card Can Get You Out of Debt

WoooooHooooo...Here I go again

That's right, another trip funded by the rewards points on my credit card. This time I am off to Orlando. It's a business trip but still the point is I am paying nothing for my hotel or flight. The points are covering both costs. Not too mention the trip my family is planning for Disney Land later this summer, all on rewards points again!

That's not really the point of this post though. One of the perks of my credit card is all the free travel I am able to enjoy.

Now that I've got the gloating out of the way - How is it that I am accumulating all these points and I am talking about getting out of debt.

Seems a bit strange doesn't it? Lots of free trips on rewards points means a lot of spending doesn't it?

Spending a lot on a credit card and getting out of debt seem to be completely opposite things.

Here's how it goes:
I am spending a fortune on growing my business. The money I spend on business expenses is placed on my credit card. I spend more, I grow my business more and as my business grows I pay off debt!

Does that sound too good to be true? It's a reality, you can do it. Heck, I'm doing it.

Check out my training material at veoreport.com.

You too can be spending, earning points and paying off your credit cards!

Posted by Colin on July 7, 2006 01:32 AM | Permalink | DIGG THIS STORY

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