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Opportunity cost and the case for cashback

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Manage episode 432986480 series 3515116
Content provided by Daily Drop. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Daily Drop or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

In this episode, Mike discusses the concept of opportunity cost in points and miles and makes a case for cash back over points. He explores various examples to illustrate the opportunity cost of earning points and emphasizes the importance of understanding the true cost of using points.

Keep Up With Daily Drop:
Read the newsletter: https://www.dailydrop.com
Join the Lounge: https://www.facebook.com/groups/dailydroplounge
Check out our top cards: https://dailydrop.com/pages/our-top-credit-cards
Follow along on Instagram: https://www.instagram.com/dailydrop/
Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast

  continue reading

45 episoade

Artwork
iconDistribuie
 
Manage episode 432986480 series 3515116
Content provided by Daily Drop. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Daily Drop or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

In this episode, Mike discusses the concept of opportunity cost in points and miles and makes a case for cash back over points. He explores various examples to illustrate the opportunity cost of earning points and emphasizes the importance of understanding the true cost of using points.

Keep Up With Daily Drop:
Read the newsletter: https://www.dailydrop.com
Join the Lounge: https://www.facebook.com/groups/dailydroplounge
Check out our top cards: https://dailydrop.com/pages/our-top-credit-cards
Follow along on Instagram: https://www.instagram.com/dailydrop/
Prefer a video podcast? Head over here: https://www.youtube.com/@DailyDropPodcast

  continue reading

45 episoade

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