Wednesday, October 17, 2012

Cons: If It sounds too good to be true, then it is too good to be true. The scheme is designed to en




I remember when air miles were launched in the 1980s. The concept was very clever, fill up your petrol tank and fly six miles, not that you could find anyone to give you a six mile flight of course; you needed 9,000 air miles just to fly 200 real miles.
Air miles have now changed to Avios points; at least the implied promise of travel miles per pound spent is no longer there. bangkok hotels near airport It is now clearer that this is just an affinity scheme, bangkok hotels near airport where you cash in pints to buy mostly travel and holiday related purchases. It s like Green Shield bangkok hotels near airport Stamps for the Twenty First Century.
Cons: If It sounds too good to be true, then it is too good to be true. The scheme is designed to encourage you to use certain retailers above other, lower cost retailers. You have to pay Shell prices for petrol and pay the extra 2p a litre to earn your points. Discounters do not participate in loyalty schemes of this kind.
If you only use cash you can never spend money you have not got and you avoid the risk of the credit card debt that so many of us have hanging over us. Debit cards can be used if you want to avoid carrying cash around, but it is harder to keep track of how much money is left if you use one all the time. Cash is king and moving to a cash economy is the best way to avoid any debt.
Any credit card seems to encourage people to spend money they don t have. The very language used does this; banks send you a statement at the end of the month, never a bill. If they called it a bill there would be a larger bangkok hotels near airport psychological barrier to leaving it only partially paid and the bank would make less money.
If you are using a credit card and paying off the bill each and every month then a cash-back card may be your best option. However, if having this card makes you more willing to buy stuff then it is not for you. You may get 1% cash-back bangkok hotels near airport as a reduction on your monthly bill, but most retailers now add on a credit card use charge that will eat into your cash-back.
Forget the cashless society, virtual cash and similar terms. These all make it very easy to lose track of how much money you have. Governments want us all to move to these systems because the cash society makes it impossible for them to keep track of how much tax you owe.

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