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It depends on how fast you rack up the miles. Do the math - if it takes you three years to get a free ticket, you've spent $240 to get that ticket (in addition to any interest you might be paying). Might be cheaper to just buy it outright.
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If you want to avoid 95% of internet spelling errors:
"If your ridiculous pants are too loose, you're definitely going to lose them. Tell your two loser friends over there that they're going to lose theirs, too."
It won't hurt your fashion sense, either.
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