Developing a System
Feb 20, 2014 | 12:21 pm
#33
Join Date: Oct 2009
Location: Land of the parrots and parrotheads
Programs: Several dozen
Posts: 4,820
Big MS is no game for the undercapitalized. Always diversify your MS using multiple opportunities and always mind your cash flow.
I think a missing question might be 'how much can you afford to see locked up for 30-60 days'. Many MS vehicles end up getting .... down and sometimes you have to wait for your money. Netspend was very popular before Bluebirds but many if us saw $10,000 locked up on Netspend accounts while they ran their risk and fraud ........ before sending a check. The impact of $10k locked up on a debit card is no big deal to a multi-millionaire; or the end of the world to a poor college freshman.
Feb 21, 2014 | 8:16 am
#34
Join Date: Apr 2012
Posts: 204
Lets just say the MS goes broad spectrum over multiple enterprises including miles earning debit cards running as turbochargers to credit card MVD purchases turned into MOs for bank recapitalization, beans bought on 2-3x credit cards feeding a flock of birdies and their friends, multiple vines in Jungleland, stripmining new account sign on bonuses, direct bank recapitalization through new account funding, Nationwide is On Your Side, gift card regifting, microlending and etc.
Been racking up new countries in the past few weeks, so business at The Green Recycling Company has suffered. Could be it was not the weather that reduced US January sales figures.
Been racking up new countries in the past few weeks, so business at The Green Recycling Company has suffered. Could be it was not the weather that reduced US January sales figures.
Feb 21, 2014 | 9:23 am
#35
Join Date: Aug 2013
Location: Raleigh, NC
Posts: 203
Feb 21, 2014 | 3:39 pm
#36
Join Date: Feb 2014
Posts: 91
Maybe some day she'll come around. Maybe a free anniversary vacay will convince her?
Feb 21, 2014 | 5:34 pm
#37
Join Date: Feb 2014
Location: ORD
Posts: 24
Haha agree with you on this one. Just started MS game myself few months ago, working the AP and VR so far, but have started slowly with Amex BC that both my wife and I have, but getting her to go to CVS is like pulling teeth. But as you said hopefully the reward will bring her around.
Feb 21, 2014 | 9:00 pm
#38
Join Date: Jan 2014
Location: CHS
Programs: Globalist Hyatt, Plat Marriott
Posts: 330
Getting my wife on the same page with me has been the toughest part of starting the MS. We're currently just trying to hit some signup bonuses on the SW CC's to get the CP, but outside of that we aren't trying to run up big spending.
I've only been doing this for about a month. I keep my receipts and used cards in one gallon sized plastic bag, while I put my statements and CC's (only 2 right now) that we're not trying to hit a spend on in the other. I like the idea of using a Google Calendar to manage statement close dates though.
I've only been doing this for about a month. I keep my receipts and used cards in one gallon sized plastic bag, while I put my statements and CC's (only 2 right now) that we're not trying to hit a spend on in the other. I like the idea of using a Google Calendar to manage statement close dates though.
Feb 22, 2014 | 7:19 am
#39
Join Date: Oct 2009
Location: Land of the parrots and parrotheads
Programs: Several dozen
Posts: 4,820
Scratch MVD and replace with 1VGCs. For some reason MVD just ain't feelin' the love anymore.
Increases the per $500 transaction cost by $1.04, but you just shift to a card with more than 1x on the transaction (Flexperks, HH, SPG, etc.).
BTW, MVD invited me to open another MVD so they really ain't feelin' the love any less, they just want to collect another card activation fee. While it would be profitable to MVD again (and again and again), there are just too many other trout ponds to dynamite.
Increases the per $500 transaction cost by $1.04, but you just shift to a card with more than 1x on the transaction (Flexperks, HH, SPG, etc.).BTW, MVD invited me to open another MVD so they really ain't feelin' the love any less, they just want to collect another card activation fee. While it would be profitable to MVD again (and again and again), there are just too many other trout ponds to dynamite.