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Loyalty programs? Don’t fall for the hype. Points are inflating faster than the dollar. What used to get you a flight to Hawaii now barely buys you a carry-on. I sign up for every program—but I cash out the second I get the points. That’s how smart consumers win....

65,905 Aufrufe • vor 1 Jahr •via X (Twitter)

11 Kommentare

Profilbild von James
Jamesvor 1 Jahr

You’re so right. Just look at the sign on bonuses. They keep getting higher and higher which really means the value is going down lower and lower

Profilbild von Saving Advice - Money & Finances
Saving Advice - Money & Financesvor 1 Jahr

Budgeting software like Lunch Money can help you find the leaks in your budget by automatically tracking and categorizing your transactions. Check out these top-rated budgeting apps to find out what you’re overspending on.

Profilbild von I AM CAVEMAN
I AM CAVEMANvor 1 Jahr

Wonderful Hacks

Profilbild von Defend Canada 2.0
Defend Canada 2.0vor 1 Jahr

This is true. Just look at Aeroplan. The point hit is 3x what it was 10 years ago. I would have been far better off to have used them.

Profilbild von Jimmy
Jimmyvor 1 Jahr

💯

Profilbild von Eric Rusch
Eric Ruschvor 1 Jahr

Same thing with taxes, figure out how much you’ll owe based on your income and set your exemptions so you owe as close to $0 as possible Don’t give the government free money to earn interest on throughout the year just to get a bigger “refund”

Profilbild von Rick Gatling
Rick Gatlingvor 1 Jahr

Spoken like a prophet @kevinolearytv

Profilbild von DaveCrypto.mfer
DaveCrypto.mfervor 1 Jahr

Loyalty points are a scam, cash out fast.

Profilbild von Defiant Roo
Defiant Roovor 1 Jahr

And be sure to get your 2% (minimum) on CC charges, BUT, if you're not paying the CC balance off every month you're throwing your $$ in the garbage and points become meaningless.

Profilbild von Cody Wilkinson
Cody Wilkinsonvor 1 Jahr

I've seen this points devaluation happen with my hotel program. Used to get a free night for 15K points, now it's 25K. Makes more sense to use them right away instead of hoarding them, doesn't it?

Profilbild von Howard Martin
Howard Martinvor 1 Jahr

Kevin, I don't think you collect points maybe gold bars but not points.

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65,566 Aufrufe • vor 3 Monaten