It’s Friday everyone and it could not come soon enough. I have not had as much time to read my favorite personal finance blogs as usual because I’ve been trying to sort out my own Bank of America Home Loans annoyance (Explained here), but still managed to read a little, learn a little, and laugh a little.
First off, TIL, that Atlantic City’s Revel Casino-Hotel (née Revel) is going to refund all slot machines losses incurred by its loyalty card patrons in the month of July, provided those losses are at least $100 (I haven’t read a maximum amount, but the rumored max is $100,000). The losses will be refunded back to your loyalty card in 20 weekly installments starting in August, assuming you revisit Revel to swipe your card each of those weeks. For those of you who invest in stock options, this is similar to getting a call option for free.
(Source: Press of Atlantic City. Disclosure: Revel is giving me no money)
I’ve been to Revel and it’s pretty nice for non-gamblers like myself because there are lots of non-gambling options. Since its April 2012 opening, it seems to have tried to bill itself as a luxury resort — that just happened to also have a casino. I’ll be interested to see if this bankrupts them or instead gets them a loyal following. The personal finance angle here is that there’s probably some way to game this promotion — perhaps by going for the highest variance slot with the biggest jackpot each time? Perhaps by racking up VIP status and credit card rewards?
Onto a few posts I found time to read this week:
- John from Frugal Rules posted “How Much Things Cost According to a 6 Year Old” which examined the skewed view that kids have of the real-world cost of different things they see every day as well as how involved their parents will be in their personal finance lives growing up. The bonus? Adorable stories and pictures of little kids.
- Josh from Modest Money posted “When Are Balance Transfer Credit Cards A Good Idea?” wherein his answer was, “sometimes.” 🙂
- Greg from Club Thrifty posted “What the ‘Red Wedding’ Can Teach Us About Money” wherein he infers lessons about personal finance from the popular television program, Game of Thrones. If you’re a fan of the show who hasn’t yet watched some episodes, I should warn that it includes spoilers.
- And finally, Grayson from Debt Roundup posted “Do you DIY to Save?” Of course I do, Grayson. Thank you for checking 🙂
And that’s that. Check these out over the weekend if you haven’t already and have a great weekend!