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Home > Made $50 today on Discover 5% cashback bonus

Made $50 today on Discover 5% cashback bonus

February 15th, 2007 at 09:54 pm

Today I made 50$ on Discover cashback by bying airline tickets for my MIL on my card (she'll pay me back by check). I can double the reward to $100 if I choose to get a selected retailer gift card instead of cash.

Not only that, but getting that check 45 days before the payment is due will give me an interest free cash advance.
I will use it to finally open ROTH IRA next week instead of next month as I had planned. And by the time that Discover statement comes, I'll have enough to pay it off.

I also just cashed my first $1,000 CD -- $1,027 with interest, and will add that to the ROTH as well. My immediate goal is to max it out for 2006 -- 4000$. Than I can stop worrying about adding to retirement for another 10 months. (I have a pension plan at work to which I automatically contribute).

Today I spend no money (it is a very rare day). I was treated with great breakfast, and brought my lunch. My SO is still on a business trip, so no going out later either. Besides, I need to clean up the apartment before the Chinese New Year.

4 Responses to “Made $50 today on Discover 5% cashback bonus”

  1. Ima saver Says:
    1171580203

    You are smart to start a roth ira so young!

  2. JanH Says:
    1171646285

    Welcome! I missed your first post. Glad you are here. My wishes and dreams would fill a book....

  3. Lux Living Frugalis Says:
    1171745791

    Is there a reason you aren't planning on putting into your Roth for '07?

  4. nika Says:
    1172185970

    Thanks for the warm welcome.

    I plan to contribute to the 2007 Roth, but in 2008 (Since I have until April to do it.) In the meantime I want to contribute to fun goals, or I will not last long in keeping up with my good intentions.

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