There are people for hire here who do nothing but specialize in figuring out how to use charities and donations to your financial advantage. Not kidding.
There are people for hire here who do nothing but specialize in figuring out how to use charities and donations to your financial advantage. Not kidding.
Everything has to do with timing. Before they trightened up credit cards, guys would get as many as possible over a year and then cash advance to the max. They simply wouldn't pay it back and default. Wait 7 years for your credit to come back but if you have enough cash you don't need credit.
For you young ones they use to send you a plastic creditcard in the mail. Just use it and you've opened an account, all pre approved etc. They also didn't have cash advance limits, walk into a bank and walk out with your entire credit line in cash.
Its one of the 388,215,835,113 ways to avoid taxes and transfer wealth if you get sick of paying into the tax-and-spend system. Every American should do everything possible to avoid paying taxes.