Frugal Living Today

Frugal Savings – Part 1
Making Credit Work For You

Make your credit cards pay you, not the other way around! There are tons of card companies these days that offer ‘pay you back’ incentives – usually one to two percent (1-2%) of your purchases. If you are lucky enough (like I was), you’ll find that even your debit / check card will offer you some sort of rewards program. When I realized that I was already involved in a reward program at my credit union, I was able to redeem the points I had already earned for a $100 VISA gift card, all for doing nothing other than using my debit card like I would have done anyway. If that ain’t a deal, I don’t know one.

If you are like most people, you have more than one credit card. While the most important considerations should always be the interest rate and total debt on your cards, you still owe it to yourself to find out if any of your current credit cards offer cash back or rewards programs. After all, you might be entitled to something you didn’t even know was available!

Give your credit card companies a call – heck, at least this time you won’t have to cringe when you talk to them!