Category: Money
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Credit card rewards are a wealth transfer from poor to rich, paid through swipe fees
The points and miles game looks like free money, but the funding comes from interchange fees baked into prices that everyone — including non-cardholders — pays.
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Cash can be more useful than cards
Going fully cashless feels modern, but cash still solves problems that cards can’t — privacy, outages, budgeting, and small-vendor relationships.
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The 6-month emergency fund is overkill for high earners and impossible for low ones
The standard emergency fund advice ignores income reality. High earners can self-insure faster; low earners need a different playbook entirely.