Churn credit cards = constantly open and close new credit cards for the sign up bonuses but in a careful way that doesn't crash your credit score

So I've met quite a few people in tech who do this and they're literally all hardcore neoliberals. They hate any type of welfare for new immigrants, refugees, and the unemployed. They despise unions and think it's for lazy people. They worship companies and have snitched on coworkers to HR for doing stuff like stealing office supplies and abusing employee benefits

I'm wondering if all credit card hobbyists are like this or just the ones in tech because theoretically, there's nothing about having good personal finance that inherently makes you have shitty politics. I guess I can see how people who do this think poor people are poor because they don't do all this neurotic credit card min maxing shit?

  • Fibby@lemm.ee
    ·
    11 months ago

    I fucking hate credit scores. I had no credit a couple years ago but was looking to buy a house. Literally impossible. So I had to do this "credit score hussle" short term. Open a bunch of cards, use a certain amount of each of them, pay em back each month. Get cards with bigger credit limits, rinse and repeat.

    Now that I got the house, I dont give a shit about it. I have one card that gives me cash back and I use that for everything.

    When learning about this, there its a rabbit hole of information and so many people seem legit enthusiastic about teaching it. Its fucked. Maybe one or two people I got advice from told me it was bullshit up front.