Survey: Most Americans losing out on easy money during coronavirus pandemic
Rewards cardholders who pay balances in full each month are missing out on rewards in popular purchase categories.
Credit cards are an important financial tool when used wisely. Making the most of this tool requires cultivating good credit, choosing the right card for you, understanding the terms and staying on top of your finances every day.
— Allie Johnson
Allie has written about personal finance and covered credit cards extensively for more than 10 years. Allie covers avoiding credit card debt, choosing credit cards wisely and earning and maximizing credit card rewards. She has written about every aspect and nuance of credit cards, from dealing with fraudsters to double dipping on points and miles to using your card to help your kids build credit.
Allie's interest in helping consumers manage their finances wisely dates back to the Great Recession that started in 2008. Allie had built up the thin credit of her 20s to qualify for a mortgage, only to see the value of her home plummet soon after she signed the contract. That experience sparked a strong interest in money and how consumers can arm themselves with information in all aspects of their financial lives.
Allie has worked at daily newspapers in Texas and Missouri, has covered city and state government and has written narrative nonfiction. She has received a number of state and national journalism awards, including two Clarion Awards from the Association for Women in Communications.
Credit cards are an important financial tool when used wisely. Making the most of this tool requires cultivating good credit, choosing the right card for you, understanding the terms and staying on top of your finances every day.
— Allie Johnson
Rewards cardholders who pay balances in full each month are missing out on rewards in popular purchase categories.
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Most Americans report paying more for essentials like gas and groceries.
Holiday shopping can be even more harried with supply chain issues that lead to high prices and bare shelves.
The survey data backs up a well-known financial rule: it’s best to avoid mixing friends, family and money.