Timing is Everything: Why You Should Wait for the “Right Moment”

May 02, 2013

Yesterday, my colleague Greg Ward published a blog post about a friend who was awarded a $1k vacation that he has yet to use in 2 years because he’s waiting for the “right moment.” Greg then points out how many gift cards and reward points go unspent each year by people who may be doing the same thing. Well, I am that friend so let me explain why it actually can make sense to wait for the “right moment.” Continue reading “Timing is Everything: Why You Should Wait for the “Right Moment””

Money Tight? Make it Work Harder For You

March 11, 2013

Last year, employees got a break, a 2% bump in their take home pay, thanks to the payroll tax holiday enacted by President Obama to try to boost the economy in 2011- 2012. The employees’ share of Social Security taxes were reduced from 6.2% to 4.2% for a time. Like all good things, it came to an end and now employees are feeling the squeeze. Continue reading “Money Tight? Make it Work Harder For You”

What Are The Worst Ways To Redeem Your Credit Card Rewards?

September 05, 2012

There’s certainly no shortage of websites that gloat about credit card rewards (admittedly, mine is one of them) so it’s safe to assume that you’ve already heard plenty about the advantages of cash back, airline miles, and the like. But what about the disadvantages? Even the best reward programs have hidden pitfalls. Depending on how you redeem them, you may be taken for a ride. Here are the worst choices you can make. Continue reading “What Are The Worst Ways To Redeem Your Credit Card Rewards?”