Financial tip of the day.com - FREEDOM THROUGH FINANCE
Social Sites
  • Financial Tip Of The Day
  • Books
  • Websites
  • Contact Us
  • Disclosure

Cardcash.com

11/2/2014

0 Comments

 
Picture

Cardcash.com is a website where you can buy and sell gift cards, some times at big discounts!  I always used my gift cards, so I've never had a desire to sell them, but for many they hold on to these knowing that they will NEVER USE THEM!  If that's the case, why not sell them so that somebody who wants it can use it?

As for buying them, there are some serious discounts to be had!  Here's a list of some discounts for major stores:


Aeropostale 23%
Ann Taylor 27.5%
Dining dough 51%
Express 15%
Five Guys 12% 
Girogio Armani 13%
Lane Bryant 25%
MAC 12%
NIKE 12.3%
PetCo 26.5% 
Etc, etc...

There are hundreds of these gift cards with many not shown.  Here's the important thing to remember though. The discounts on these cards operate on the same principles of supply and demand that all of capitalism does.  So the gift cards where there is a high demand such as general merchandise, airlines, gas, and grocery, there will be a small discount compared to the speciality stores.  

Regardless though, you should never buy one because there is a big discount or you think you might use it one day.  That'll end up costing you wasted money in the future.  Only buy these if you know you're going to use them for a specific purpose.

For instance you know you're going to be spending $100 at Home Depot next weekend. Not, "I know I could spend $100 on something at Home Depot."

0 Comments



Leave a Reply.

    Author

    This website was created due to the atrociously misguided financial advice that I've heard over the decades.  Financial freedom is not intellectually strenuous, but it takes discipline. 

    RSS Feed

    Categories

    All
    BHAG UPDATE
    College Savings
    College Savings
    Credit
    Economics
    Estate Planning
    Estate Planning
    Financial Planning
    Financial Planning
    Insurance
    Investing
    INVESTMENT JOURNAL
    Mistakes
    Net Worth Update
    Retirement
    Tax
    Thrift

    Archives

    August 2017
    May 2017
    April 2017
    February 2017
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    January 2011

Powered by Create your own unique website with customizable templates.