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Opportunity cost and the case for cashback
Manage episode 432986480 series 3515116
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
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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
48 episoder
Manage episode 432986480 series 3515116
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
48 episoder
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