Twitter was around communication and visualizing what was happening in the world in real-time. Square was allowing everyone to accept the form of payment people have in their pocket today, which is a credit card.
When I was young, people lived paycheck to paycheck. Today, it seems like they live from credit card payment to credit card payment.
When I was young, people lived from paycheck to paycheck. Today, it seems like they live from credit card payment to credit card payment.
On Facebook, Twitter, texting, e-mails, remember, it's a mode of communication, it is not communication. It's not real life. So step aside, make sure people see something other than the top of your head and live in real time, in the real world.
The credit/debit card transaction system is antiquated, expensive, and inefficient. There are over nine steps to complete a transaction from the time a customer swipes their card to payment processing, settlement, and when the merchant finally gets paid. Every step along the way costs both the consumer and the vendor in additional fees.
But credit card debt is unsecured debt, which means if you get in trouble and cannot pay off your credit card, you can discharge it in bankruptcy. What are they going do to you? If you're in a financial position to just methodically pay off both credit card and student loans, pay them all.
You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment. To our economy, it means business people will not borrow as much money, invest as much money, create as many new jobs, create as much wealth, raise as many raises.
I think Twitter is the future of communications and Square will be the payment network.
Absolutely pay off credit card debt. If you're not getting a match in your 401(k) and you've got credit card debt, you've got to get yourself out of credit card debt. When you get out of credit card debt, your credit score goes up and interest starts to go down.
There are many random, unprotected sites online that appear safe to use and are ready to accept credit card information. You wouldn't give a stranger off the street your credit card information, so be extra cautious about who you are sharing it with online.
I very rarely use a credit card, but I do if I know I have big bills coming and I need to stagger payment.
Nike store won't accept my Starbucks card as payment. Come on guys, just do it.
Tweeting happens to be a modern day form of communication. I mean, you can like it or not like it. I have, between Facebook and Twitter, I have almost 25 million people. It's a very effective way of communication.
I get so frustrated when people tell me it's unrealistic to create an eight-month emergency savings fund, or have money saved for a home down payment, or pay off their $5,000 credit card balance.
I try to use my debit card rather than a credit card, but I will use a credit card for big purchases because I bank with Coutts and I get points.
As a small business owner, I've had to find ways to keep costs as low as possible while still providing customers with the ability to use their credit cards for payments. Many credit card processing companies are so expensive when it comes to fees that it started to feel like a losing proposition to offer this payment option.
It's not that Instagram, Facebook, and Twitter aren't really great mediums - let's be honest; technology allowing us to be able to contact people around the world is fantastic - but it's also so detrimental.