Skip to site content
The Money Guy Show

How to Get the Most from Your Rewards Credit Cards

Credit cards, if used responsibly, can be a great financial tool to help your Army of Dollar Bills go further for the purchases you make. It’s been quite some time since we covered the topic of credit cards, so tune in this week as week revisit this important financial subject and have our fellow financial mutant Carter Thomas join us for this episode.

In this week’s installment of The Money Guy Show, we review how to use credit cards to your financial benefit and look at the different types of rewards programs in depth.  Jump in and here’s what you’ll find out:

  • The surprising and quaint history of the credit card
  • What you may or may not know about building and sustaining great credit
  • The positives and negatives of using credit cards
  • How to effectively use credit cards to maximize your spending power
  • Super easy ways to create safeguards around your credit card usage so that you don’t over-leverage yourself
  • The benefits of travel reward credit cards and when they reach their peak reward benefit
  • The difference between travel reward credit cards and cashback reward credit cards
  • Extra benefits credit cards offer like car rental coverage and how to know if yours has it
  • How to know which type of reward program may be best for you
  • Comparison of a few different rewards programs and our personal experiences with some of them
  • If remaining loyal to certain credit card companies is beneficial to you
  • Resources for finding and comparing different credit cards

Resources mentioned on the show:

Enjoy the Show?

Where You Can Watch and Listen:

Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:

  • Episodes of The Money Guy Show every Friday
  • Episodes of Making a Millionaire every other Monday
  • Mini-shows every Wednesday
  • Ask Money Guy Livestreams every Tuesday
  • Tons of other fun content!
Related Content

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills! Thumbnail

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...

Wealth Multiplier By Age Thumbnail

Free Resources

Wealth Multiplier By Age

If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.

Car Buying Checklist Thumbnail

Free Resources

Car Buying Checklist

Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...

Articles

The Biggest Problem Facing Young Adults (and How To Avoid It) Thumbnail

Articles

The Biggest Problem Facing Young Adults (and How To Avoid It)

As a millennial, it’s been difficult to adjust to no longer being the token young adult. It felt like for decades “millennial” was used as...

Why Credit Cards Can Be a Dangerous Weapon (or a Powerful Tool) Thumbnail

Articles

Why Credit Cards Can Be a Dangerous Weapon (or a Powerful Tool)

Some financial influencers say you should never use credit cards, while others believe credit cards can be a beneficial tool in your financial life. Are...

How To Pay Off High-Interest Credit Card Debt Thumbnail

Articles

How To Pay Off High-Interest Credit Card Debt

Credit card debt should be avoided at almost all costs. The average interest rate on credit cards is currently 24.20%, which means for every $1,000...

Financial FAQs

Courses & Tools

How about more sense and more money?

Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.

Financial Order of Operations®: Maximize Your Army of Dollar Bills! Thumbnail

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...

Wealth Multiplier By Age Thumbnail

Free Resources

Wealth Multiplier By Age

If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.

Car Buying Checklist Thumbnail

Free Resources

Car Buying Checklist

Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...

Recent Episodes

It's like finding some change in the couch cushions.

Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.

The Passive Income Myth Thumbnail

Episodes

The Passive Income Myth

Is passive income really passive? We explain 3 common passive income myths and share our preferred strategy that helps you measure twice and cut once.

X% of Young Americans Expect To NEVER Retire… Thumbnail

Episodes

X% of Young Americans Expect To NEVER Retire…

Are you a Gen Z or Millennial discouraged about retirement? Discover how the vast majority of millionaires got there as regular savers, plus our new...

The Truth About Rental Properties (Is It Passive Income?) Thumbnail

Episodes

The Truth About Rental Properties (Is It Passive Income?)

Think your rental barely breaks even? We reveal the shocking math when this couple asks if they should sell their duplex to reclaim their time...