A blog on personal finance (banking, saving, budgeting and investing) and personal entrepreneurship.
January 15 16 Comments latest by JPaulII
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(via The Consumerist)
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I'm a recent graduate of Stanford, where I studied technology and psychology. Now I'm the co-founder & VP of Marketing for PBwiki, a wiki startup in Silicon Valley.
I speak at companies and schools on personal finance and entrepreneurship.
Invite me to yours.I'm thrilled to announce that I've signed a book deal with Workman Publishing for the I Will Teach You To Be Rich book.
More details about the book.
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COMMENTS
Leave yours...
adam
January 15th, 2008
man, if that was root beer I'd be all over it (j/k)
Weefz
January 15th, 2008
Man, that's desperate. At least I got a bottle of Spanish Cava with mine.
Hazzard
January 15th, 2008
That's a .99 cent value. Are you kidding? I'd sign up for 10 cards!!!
Anyone who signs up for a credit card based on a gift, should really evaluate their financial situation. I use one credit card from a credit union and that's it. No gimmicks, no bonuses. They consider me a "deadbeat" because I pay it off every month too.
I wish everyone would realize that they are buying everything for 18% more than cash purchasers do. (Or whatever interest rate they happen to be paying). Life is so much cheaper when you avoid finance charges.
Mrs. Micah
January 15th, 2008
Whee! Free soda. Oh wait, I don't like soda much.
Frugal Dad
January 15th, 2008
That picture reminds me of the quote, "If you don't stand for something, you'll fall for anything." Advertisers, especially credit cards, are great at catering to the impulsive side of most Americans. You'll see more MBNA t-shirts around a college campus than shirts advertising the school the kids are attending. Sad.
rstlne
January 15th, 2008
Man, I didn't get anything when I applied for a credit card. I should've waited for a gift or bonus.
Laura
January 15th, 2008
Wow, Wal-Mart knows how to grab people with a good deal. An income generating mechanism for them and all they had to pay was a 2 liter. I'll be upset if I saw someone go for that deal.
Andre
January 15th, 2008
Wow, I don't think that would have even worked on me while I was in college...the Pepsi is probably old too
This Mom
January 15th, 2008
Only Wal-mart could pull that off... a 99-cent bottle of soda in exchange for a 22% interest rate on a credit card. Are people actually falling for this?
JT
January 15th, 2008
Wow, its funny and sad at the same time...I guess there is a sucker born every minute
tomo
January 15th, 2008
just fill out the info with the wrong info and wala, you got a free bottle of soda, lol
Steve W
January 16th, 2008
This reminded me of story from long ago. When I was first out of college, during a recession, I desperately took a job door-to-door selling German vacuum cleaners (vorwerk, I think they were called). For is for real! The man and woman sales managers were old D2D sales pros. To train us, they put us in a big van and we drove out to the country looking for small homes or mobile homes with giant satellite dishes (this was in the mid-80s). But first off, we stopped off at a grocery store and bought 2 dozen 2-liter bottles of Pepsi. WTF! "Why"? I asked the sales managers and they burst out laughing. "For a 99 cent bottle of Crapsi, these people will let you into their home for an hour to sell them a $1200 dollar vacuum cleaner!!!! (that they didn't need...)". Incredibly, it worked. I did this for a week; sold one vacuumn cleaner, and got out forever. Amazing!
vh
January 16th, 2008
Wait, wait! There's a use for this! I can use it to bribe my students to work! Yesh. I get the free soda (which being a twit, I would never buy on my own), and then I offer it up to our worthy university students to actually, like, write a coherent essay. Hey: what's a 22% interest rate compared to the good of tomorrow's leaders?
And while I'm at it, I pitch them a Dyson for $1,200. Excellent!
Worst Credit Card Offer I’ve Seen | Green Panda Treehouse
January 16th, 2008
[...] from I Will Teach You To Be Rich posted this photo with comments on ridiculous credit card offers. I decided to look into it and the two credit cards Wal-Mart [...]
Jonathan
January 19th, 2008
Yet another reason to love Wal-Mart. Maybe next they will give out free balloons!
JPaulII
March 19th, 2008
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