Comments on Single Guy Money: I Found $75,000 in My Wallet

I'm inspired now to clean out my wallet and just l...

2008-02-20T09:36:00.000-05:00

I'm inspired now to clean out my wallet and just leave the extras at home. I can't quite remember the last time I used anything other than my amex or back up Visa for when amex isn't accepted, so it looks like I'm just carrying around dead weight.

Darn, I only found $20,000 in my wallet. Then agai...

2007-07-24T13:41:00.000-04:00

Darn, I only found $20,000 in my wallet. Then again, there's about another $80,000 that sits at home.
All of it in the same situation as yours. :)

I try to remember to use them for a small purchase...

2007-07-18T19:56:00.000-04:00

I try to remember to use them for a small purchase and pay them off just to keep them active.

But the "$75,000" should be treated as an asset. ...

2007-07-17T23:55:00.000-04:00

But the "$75,000" should be treated as an asset. No, don't use the "asset" by charging to your cards. They improve your total credit limit and may help your FICO score. In your particular case, you're well below 35% utilization. But the length of credit history with a particular card can help as well.

What to do? Put the cards you don't want to use in a safe place. Maybe once a