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2 sats \ 3 replies \ @guerratotal OP 9h \ parent \ on: How do you organize your finances between fiat and Bitcoin? AskSN
EI'm also in the process of zeroing out my credit cards, and I'm trying to save up to pay everything in cash.
Now I just want to see how easy it is to bring Bitcoin into real life. See the possible uses.
yeah... I've had maxed cards in the past, when I was 19... it was awful, and I spent many years dealing with the consequences of that.
I'm a bit older now, and I only have one credit card. maxed it out last year on a trip to Japan... but in the year since I've had it maxed my BTC has appreciated more than the card + interest. Now I'm spending sats to pay that credit card & despite the obvious dangers, I'm finding it's not terribly hard to get the balance to drop.
For a few months though, before this last months of pump, I was running into troubles because I didn't have any liquid assets that it made sense to use. Probably lost some hair during that time, heh
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More or less at this moment I have some things past in credit, and I am buying some BTC on DCA every day, I am making a reserve in fiat for the day to day, I am using a credit card (which works as a debit) that gives a cashback in BTC, with which I also accumulate some sats, I am entering this world little by little and getting out of a bit of debt.
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you'll appreciate yourself in the future for having done the financial work to be in a better place.
good job!
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