When it comes to traveling, you're leaving money on the table if you aren't preparing for it with a solid credit card strategy. That goes double if you are someone who has to travel for work. It's also true if you regularly buy things for work that end up being reimbursed. So,let's talk about how you can get closer to your next travel destination every time you swipe that card.
The Chase Family of Cards
Hard to beat double points on most things. Although Triple points is pretty great...
Chase has several credit cards that all give out Chase Points. Which card you should choose depends on your financial situation and how much money you spend on a credit card generally. We'll start with the cards that have no annual fee, but lower rewards. Taking it from the bottom to the top:
You have two versions of this card, the Chase Freedom and the Chase Freedom Unlimited.. The Freedom card gives you 5% back in Chase points, up to $1500 each quarter. This is a good deal, however, the points are allocated to a different category every month. So, for April-June, points go to grocery stores. It's a bit of a game but pays off. The Unlimited card pays you back 1.5% on every purchase, and doesn't have the $1,500 limit. So choose which game you want to play.
Chase Sapphire: Preferred
This is a solid choice since it gives you 2 points every time you spend money on travel or dining. Travel covering: Plane tickets, train tickets, subway cards, hotels and tours. Dining is everything from a 5 star restaurant to Mcdonald's. It has a bonus of 50,000 bonus points (which is worth at least $500) when you spend $4,000 on it in the first 3 months of the account being open. It also has no annual fee for the first year, (it's$95 after that).
Chase Sapphire Reserve
This is Chase's highest end card. It offers 3 points for every dollar you spend on travel and also comes with a 50k bonus after spending 4k in the first 3 months. It also comes with a $300 annual travel credit you can apply to any trip you take. Plus it pays for Global Entry or TSA Precheck which if you ever travel, really at all, is a huge time saver. However, this has a $450 annual fee and is not waived for the first year. So, if you are going to fly at least 2-3 times a year this is probably worth it. If you travel only once a year, it is probably not.
Chase Ink Preferred
This also offers you 3 points for every dollar you spend on travel plus for any dollar you spend on internet and phone service. This card offers 80k bonus points if you spend 5k on purchases in the first 3 months. It also only has an $95 annual fee. The big however on this card is it can only be used by 'businesses,' so, you need to have a business, or be able to convince Chase that you have a business.
The Citi ThankYou Point Cards
Worry not, Linda Walker will get all of the points.
Citi also has a variety of cards depending on your budget and how much you end up swiping in a given month.
Citi ThankYou Preferred Card
You receive 2 ThankYou points for every dollar you spend on dining and entertainment. That's both dinner and a movie. (Yes, someone probably made that exact pitch in a meeting.) Plus you get 1x on everything else. It has the big benefit of having no annual fee and an APR (how much they charge you to hold a balance month to month) of 0% for the first 15 months. Which is great if you aren't starting a job for a while, or looking for a job.
Citi ThankYou Premier Card
This has 3x on all travel including gas stations. The same 2x for dining out and entertainment and 1x on everything else. Plus a solid sign up bonus of 50k ThankYou points after you spend $4k in the first 3 months. The annual fee is only $95 and waived the first year.
Citi Prestige Card
This is their high end card. This has all the same benefits as the card above, except not gas stations apparently people with this card don't pump their own gas. It also doesn't have a signing bonus currently. The big perk this card has is a complimentary 4th night free in a hotel when you book through their service. If you are someone who spends business time or vacation time in hotels, this can be a gigantic savings.
The American Express Cards
Who is this Greek Hero? Can he get me a cheap flight?
This is probably the oldest and most trusted rewards program out there. In fact, many of their competitors are slightly better only because they are attempting to steal people away from these programs.
The Starwood Preferred Guest Card
This is the go- to card for consultants and sales people who spend far too much time in hotels. You get 2x Starpoints for every dollar you spend at Starwood hotels. Occasionally they run promotions and this can end up being 5x for every dollar. To be clear that is a pretty narrow slice of the world but if you travel regularly for work this adds up quickly. Also to be clear Starpoints are way more valuable than most of the other points. The big use is for getting free hotel rooms around the world at a lower rate than any other program. So, if you stay at hotels in say Chicago all the time for work and want to stay at hotels in Paris for vacation this is the way to go. Only a $95 annual fee after the first year waived.
Blue Delta SkyMiles American Express
This is also a go-to card for people who fly a lot for work. Instead of getting points through American Express, you get miles with Delta that can be exchanged for flights with Delta. This comes with 2x Delta miles if you are at a restaurant, and no annual fee. Also a solid 10k bonus miles when you spend only $500 in the first 3 months.
Premier Rewards Gold Card
This is the American Express that you probably think about if you have an image of one in your head. It's gold and has a Gladiator head design on it. This gives you 3x points for flights you book with the airline. 2x points at restaurants, gas stations and supermarkets. Plus $100 airline fee credit. You know how now all airline tickets charge extra for everything including bag fees and sometimes peanuts? This can offset up to $100 of that. Also gives 25k points when you spend just 2k in the first 3 months. It's annual fee of $195 is a bit steep but is waived for the first year.
The big thing to remember when you're making a decision on which credit card to use is how much money do you spend and where do you spend it? It's no good to get $400 in travel rewards if you need to pay a $500 annual fee to get them. At the same time an additional $95 in annual fee could get you hundreds more dollars in rewards. So take a minute and look at how much money you spend on your credit cards now. Regardless of the answer there is a card out their that can get you to your next vacation faster. Happy and safe travels!
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As anyone who has ever sold a house will tell you, you must prioritize curb appeal. Before a potential buyer even considers looking inside your house, they notice the outside first. Does it attract the right kind of attention? Does it take away from the feel you're going for? If you plan to sell sometime soon, you must think about these things. Here are some landscaping options to increase your home's curb appeal, so you can get the best price on your home.
Extensive Plants and Greenery
A barren front yard won't get you the price you want on your home. So, invest in at least a little bit of greenery to keep the surrounding area from looking too dead. Shrubs and bushes tie the house to the lawn that precedes it, and flower beds bring a pop of color to an otherwise drab structure. You can also strategically plant some trees to improve the overall feel of your home's exterior.
As we mentioned, your lawn is one of the most prominent features of your home's exterior. A patchy, dried-up lawn will quickly drive your home's price way down. Some of the best landscaping options for your home's curb appeal involve improving your lawn for the next inhabitant. Overall fertilization, ground aeration, underbrush removal, proper mowing—all of these lawn care tasks contribute to a greener and more lively area that invites people to see your house, rather than stay away from it.
There's nothing like a broken and disheveled pathway to make someone think twice about buying a property. Just as you want the entryway in your house to be welcoming, so too should the pathway leading up to the house be inviting. The pathway from the street to your front door provides plenty of real estate to get creative with. You don't have to settle for a boring concrete pathway. Consider something more eye catching, like a cobblestone path or intermittent brick patterns, as a way to better welcome potential buyers.
Usable Outdoor Furniture
Landscaping doesn't just involve the ground you walk on; also included are the items you use as extras to the overall look. Outdoor furniture is one such extra that you don't necessarily need but can look quite attractive if done correctly. Staging is important with outdoor furniture. Old, broken-down pieces will only look like more work to the potential buyer. A few comfortable chairs, a bench, or a table with an umbrella really go a long way to improving your outdoor aesthetics.
A good tip for deciding on curb appeal items is to decide what you personally would want to see as a part of a welcoming home's exterior. You don't need to go overboard, but a little bit of forethought could net you quite a lot of extra cash in the sale.
Many people strive to support their community by donating their time or their money. When you find a meaningful cause, you might be quick to cut a donation check. Though it's admirable to be quick to act charitably, you should be wary of several common mistakes made when giving to charity. Being mindful of these mistakes and learning tips for making informed charitable choices can help you make the most out of your generous check.
Acting Quickly Out of Emotion
Mission statements are meant to be compelling. If you're an emotionally driven individual, it's natural to pull out your wallet at the sight of a sad puppy on TV or when informed about food insecurity over the phone. Unfortunately, not all charities are as effective or official as they may seem.
Take your passion for helping others one step further by making sure your chosen charity is legit. Speaking with a representative, reviewing their website and social media accounts, and looking at testaments online can give you a better idea of whether the organization is worth your donation.
Forgetting to Keep Record of the Donation
Don't forget that you can reap some financial perks from giving back! With the proper documentation of your donation, you can acquire a better tax deductible.
If you donate more than $12,400 as a single filer or $24,800 as one of two joint filers, you're eligible to deduct that amount from your taxes. So, when a charity asks if you'd like a receipt of donation, always answer yes.
Donating Unusable Materials
Most charities can utilize a monetary donation—it's the physical donations that usually cause some issues. Providing a local nonprofit with irrelevant materials or gifting them with unusable products are surprisingly common mistakes made when giving to charity.
Always check your intended charity's website for a list of things they do and do not accept. The majority of places will provide a guideline to donating or offer contact information to clarify any questions.
Strictly Giving at Year's End
As more and more people get into the holiday spirit at the end of the year, nonprofit organizations see an influx of donations. While it's great to spread holiday cheer via a monetary donation, it's important to keep that spirit going year-round.
With regular donations, charities can more effectively allocate their annual budget. Setting up an automatic monthly donation with the charity of your choosing can maximize your impact. You can account for a monthly donation by foregoing a costly coffee every once in a while.
Knowing how much you should spend on home maintenance each year is hard to figure out and may be preventing you from buying your first home. The types of costs you'll incur depend on the house you buy and its location. The one certainty is that you should start saving now. Read on to figure out how much to start setting aside based on the home you own.
The Age of Your House
Consider several factors when budgeting for home repairs. If you've purchased a new home, your house likely won't require as much maintenance for a few years. Homes built 20 or more years ago are likely to require more maintenance, including replacing and keeping your windows clean. Further, depending on your home's location, weather can cause additional strain over time, so you may need to budget for more repairs.
The One-Percent Rule
An easy way to budget for home repairs is to follow the one-percent rule. Set aside one percent of your home's purchase price each year to cover maintenance costs. For instance, if you paid $200,000 for your home, you would set aside $2,000 each year. This plan is not foolproof. If you bought your home for a good deal during a buyer's market, your home could require more repairs than you've budgeted for.
The Square-Foot Rule
Easy to calculate, you can also budget for home maintenance by saving one dollar for every square foot of your home. This pricing method is more consistent than pricing it by how much you paid because the rate relies on the objective size of your home. Unfortunately, it does not consider inflation for the area where you live, so make sure you also budget for increased taxes and labor costs if you live in or near a city.
The Mix and Match Method
Since there is no infallible rule for how much you should spend on home maintenance, you can combine both methods to get an idea for a budget. Average your results from the square-foot rule and the one-percent rule to arrive at a budget that works for you. You should also increase your savings by 10 percent for each risk factor that affects your home, such as weather and age.
Holding on to savings is easier in theory than practice. Once you know how much you should spend on home maintenance, you'll know what to aim for and be more prepared for an emergency. If you are having trouble securing funds for home repairs, consider taking out a home equity loan, borrowing money from friends or family, or applying for funds through a home repair program through your local government for low-income individuals.