In response to:

Dave Says Don't Fake Being Poor

EdFix Wrote: Feb 20, 2013 7:07 AM
Really need to fix up the formatting here.

Dear Dave,

What do you think about the practice of credit card churning?

Ethan

Dear Ethan,

I think it’s a pretty dumb idea. The concept is to run up the balance on one card as high as you can, then flip the balance from card to card in order to get perks like airline miles. But if you want to go through all the trouble and hassle over such a small amount of money, be my guest.

I’ve met thousands of millionaires, and none of them have ever credited their success to credit card churning....