Why you need a credit card running a lawn care buisness

[@PilotBahamas]

Thanks for the advice Bahamas,Lawn Care in Nassau Bahamas.

[@JonsDailyHustle]

I agree with you. My saying is, if it's free, it's for me lol

[@hhprogressiveconstruction1140]

You miss the lawn care business already ha ha . Good tips 💪

[@ryanwarren1143]

the easiest and fastist way to wealth is throught living beolw your means and paying cash. I feel that credit cards and debt is the worst thing you can do for your business. the example you gave only gets you back $200 a year thats 3-4 yards or about 2 hours of work. I feel its not worth the risk. also your point about "knowing how much you spend" is not good because you should have a written budget for the month so you know exactly how much you spend, save, or invest.

[@connorklein6299]

There is good debt. This builds your credit and qualifes you for future loans and better interest rates its really a no brainer.

[@ryanwarren1143]

@@connorklein6299 your income is your number one wealth building tool. It’s only a “no brainer” if you believe that you need debt to get ahead. Which you don’t. Actually it does the opposite. Debt is immediate satisfaction with delayed results. I delayed the satisfaction of buying my mower so that when I bought it all the money it made was going into my pocket, and not to pay off the big banks that have a lot of money already. You should look up Dave Ramsey, just listen to one episode of his podcast.

[@connorklein6299]

@@ryanwarren1143 dave Ramsey lol not that guy. Debt is a very useful tool. For instance my house mortgage is 2.85 percent why on earth.would I pay It off faster when I can invest my money in stable coins and make 9 percent off it yeilding a 6.15 percent gain over paying off debt.

[@ryanwarren1143]

@@connorklein6299 if that’s your plan why don’t you take out more? Get a second mortgage? Take out more loans? You probably wouldn’t because it’s risk, your aren’t factoring in risk. You lose your job with a paid for house and a 6 month emergency fund, your doing okay. You lose your job with all the stuff you have going on. Might not be so pleasant

[@connorklein6299]

@@ryanwarren1143 working on getting another mortgage for rental properties right now