Welcome

 Welcome to the Kollel finance blog. I am a Kollel guy who has a hobby of opening, using and studying credit cards. In addition, I love taking advantage of offers designed to attract customers to banks and brokerage accounts. Many people are perplexed on how Kollel families function with low incomes. Taking advantage of banks and credit card opening bonuses can help with finances.  Since customers of these institutions are generally sticky it pays for the banks to pay nice amounts of money to get them to use their services. It has become a situation in the United States where the question for the consumer is, "how much should I get paid for you to forward cash on my behalf, hold my money, and ensure that is it insured". Taking advantage of these facts can leave you thousands of dollars richer. Though there is an assumption that "points" are for "yeshivish" people who don't have incomes. The truth is the more spending you do the more you can take advantage of these offers. For example, a business or household spending $1,000,000 a year should be able to easily get at least 2 percent "payment" from the banks they use to pay. This would be at least  $20,000 at the end of the year without any effort.