A credit card is a big deal, but how to use one for the big bucks is anything but.
We’ve got a lot to learn about how to spend our credit cards, but if you’re struggling to make the most of a free credit card, you’re not alone.
A new book from bestselling author Daniel Ochsman offers tips on how to maximize your card’s potential, but his new book The Secret of a Free Credit Card has some big new insights into how to best use your credit card.
The title of the book, The Secret of A Free Credit Cards , describes itself as “a primer on how and when to spend your free credit cards.”
The book is the latest in a series of books Ochstman has written for The Secret.
“I wrote this book to help anyone who’s trying to figure out how to be successful with their credit card,” he told Wired.
“I’m going to tell you how to do it.
It’s a lot of fun.”
Ochsmans first credit card purchase came when he bought a $5,000 card with a $50 monthly payment.
That card, FreeCreditCard.com, came with no monthly fee.
Instead, he was charged a $2.99 annual fee, which he paid off within the first three months of the card’s activation.
That meant that his total spending on his card was about $6,000.
He quickly upgraded to a $3,000 free card, which has a $1,000 annual fee.
Ochstmans credit card also included $1.00 interest, a $0.50 annual fee and a $4.00 annual fee for the first five years of the account.
He used his free credit to buy the home improvements he needed for his wife’s home remodeling.
“That’s the thing with a free card: It’s just a little bit of a pain in the ass,” Ochmans said.
“If you’re like me and you have a lot going on and your budget is limited, you can get away with a little extra spending.”
Ouchmans wife, who was a single mom to her three children, said her husband is a little disappointed that the free credit didn’t offer any extra benefits.
“That’s not a free gift to get a free $5K credit card from the bank,” she said.
However, Ochman says he’s never had a problem with his credit card’s spending, and his wife credits the card with saving her $3.50 a month.
While his wife was saving, he bought his own home improvements, and he says that’s been the biggest reason why he’s saved more money than she has.
“I’m not sure I could do it without the card, but it definitely saved me money,” he said.
The card is also a great way to keep track of his expenses.
Ochssmans wife is a writer, and she said he can use his free card to track her expenses, too.
“The card is really helpful for keeping track of the stuff I buy,” she told Wired .
“It’s always on my desk, so I can check it at a glance.
It also gives me a way to track my expenses, because it’s not just the monthly fee that I’m paying, but the annual fee that’s on the card.
I can see where I’m spending money.”
When you buy things with a creditcard, it’s a different story.
Credit cards are expensive.
You’re required to pay a $35 annual fee on purchases of more than $5.00 per month.
But if you have enough credit to afford a free account, you have the option to buy things like a home improvement and a house renovation without having to pay the annual fees.
Ouchmans family doesn’t have enough to purchase the items that he wants, so they’re just saving money through their free card.
“When we have more than the minimum requirement for our annual fee payment, we’ll pay that,” Ouchsmans wife said.
She says that when her husband needs a home maintenance, he buys the items on his free account with the money he saves.
As a bonus, the free card will give him access to his own credit report and help him identify potential credit-related debt.
Oachsmans family is currently paying off their $3 million credit card balance.
“If I go to the bank and pay my annual fee of $2,000, I have no idea what I’m going out to spend,” he added.
There are many other benefits to using a free debit card, including better savings, easier transactions and higher rates.
Ochssman says the card is especially useful when you’re trying to make ends meet, as his family has.
His wife has her own mortgage, so the family can afford a home remod