Spending on my Amex
I’ve managed to get rid of most of my credit cards recently. I still HAVE them, but what I don’t do is spend on them .. But ….
I do have an Amex card. It’s supposed to only be for work. If I spend money for something related to work, I’m meant to pick up the bill using this card, then expense items through my work. So it’s ok to use it for personal spending.
Which is what I do.
Every month I have a bill that I estimate as maybe $1,000 that I must pay off (you’re not allowed to keep credit balances with Amex). This is kind of hidden spending that is not helping me get out of debt.
(Non-work-expense) spending on the Amex the last few months:
January: $313.97
February: $230. 57
March: $1,464.78
April: $786.75
Those numbers say it all. I’ll need to stop using that Amex so much.