How Rewarding Are Your Rewards?

February 28, 2014

I read this article about Delta Airlines’ changes to their frequent flyer program. Actually, it’s no longer accurate to call airline rewards programs “frequent flyer” programs.  The trend in the airline industry is moving away from rewarding people for number of flights and/or miles flown in favor of rewarding travelers for dollars spent. In essence, they are morphing into “expensive flyer” programs.  As someone who flies a lot for work, this article resonated with me.  Continue reading “How Rewarding Are Your Rewards?”

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””