Random Post: Simplify
  • Home
  •  

    Racking Up the Rewards

    Monday, January 24th, 2011 at 7:21 PM

    Rewards points are certainly not new. Nearly every major credit card, bank or airline has their own form of currency called miles, rewards, points or something else. Companies “reward” you to build customer loyalty and return business for simply using their company’s credit card or purchasing their company’s product.  However, with some forethought and a few minor changes in your habits, you can convert your rewards points into cash.

    Spend a Dollar to Save a Penny
    Let’s be clear here. Spending a dollar to make a fraction of a dollar isn’t usually a good strategy. However, if you already must purchase a product why not benefit a little from it.

    We do our best to maximize our rewards and usually end up with about $1000 a year in cash.  We put this bonus in our replacement fund which we use each year for trips and vacations.  Not a bad starting point.

    More »