To have a financial “cushion,” I try to keep my monthly bills overpaid to the extent of at least one month ahead. With credit cards this is not possible. No matter how much I might pay this month (other than the total account balance), a minimum payment will still be required next month.

If, for example, I became hospitalized when I usually would have written and mailed my remittances, I could automatically become delinquent. And as a result, automatically my credit rating could change from excellent to poor.

THIS IS WRONG!

This article appears in Apr 8-14, 2010.

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The Money In Your Cushions

by Source Weekly, The Source - Bend, Oregon
April 7, 2010

<h1>The Money In Your Cushions</h1> <p class="byline">by Source Weekly, The Source - Bend, Oregon <br />April 7, 2010</p> <p>To have a financial "cushion," I try to keep my monthly bills overpaid to the extent of at least one month ahead. With credit cards this is not possible. No matter how much I might pay this month (other than the total account balance), a minimum payment will still be required next month.</p> <p>If, for example, I became hospitalized when I usually would have written and mailed my remittances, I could automatically become delinquent. And as a result, automatically my credit rating could change from excellent to poor.</p> <p>THIS IS WRONG!</p> <p align="right"><em><br /></em></p> <p>This &lt;a target=&quot;_blank&quot; href=&quot;https://www.bendsource.com/opinion/the-money-in-your-cushions-2135450/&quot;&gt;article&lt;/a&gt; first appeared on &lt;a target=&quot;_blank&quot; href=&quot;https://www.bendsource.com&quot;&gt;The Source - Bend, Oregon&lt;/a&gt; and is republished here under a &lt;a target=&quot;_blank&quot; href=&quot;https://creativecommons.org/licenses/by-nd/4.0/&quot;&gt;Creative Commons Attribution-NoDerivatives 4.0 International License&lt;/a&gt;.&lt;img src=&quot;https://i0.wp.com/www.bendsource.com/wp-content/uploads/2026/03/cropped-Untitled-design-4.png?resize=150%2C150&amp;amp;ssl=1&quot; style=&quot;width:1em;height:1em;margin-left:10px;&quot;&gt;</p> &lt;img id=&quot;republication-tracker-tool-source&quot; src=&quot;https://www.bendsource.com/?republication-pixel=true&amp;post=15059&quot; style=&quot;width:1px;height:1px;&quot;&gt;&lt;script&gt; PARSELY = { autotrack: false, onload: function() { PARSELY.beacon.trackPageView({ url: &quot;https://www.bendsource.com/opinion/the-money-in-your-cushions-2135450/&quot;, urlref: window.location.href }); } } &lt;/script&gt; &lt;script id=&quot;parsely-cfg&quot; src=&quot;//cdn.parsely.com/keys/bendsource.com/p.js&quot;&gt;&lt;/script&gt;

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