15 juggling cards may sound too much, but Air Force officials Quinn and Brittney Sturgis use them to make strategies to make money and establish credit-it is just one of the discipline and habits that they save Nearly 500,000 US dollars In their 20s.
“We will never be balanced.” “We will never balance.” “Regardless of the previous billing period, the balance that will be automatically paid before the next billing cycle.”
By doing so, they avoid interest costs while making full use of the interests of the card, including earning cash return rewards on flights or hotels, aviation mileage and upgrades.
The Stergis family.
Provided by Quinn and Britney Stggel
The couple-all stationed at the Tel Avis Air Force Base in California, mainly using a small amount of cards for daily purchases, such as their chasing freedom or American courier gold card. The less frequency of the couple is to use the Costco card for gasoline and Hilton Honorary ASPIRE Card for hotel reservation.
As members of active military service, they also benefit from the annual costs on the advanced card, reducing costs and easier to get maximum rewards.
In addition to cash rewards, travel allowances usually pay huge fees. “We have conducted many family travel paid by points.” Including business class flights from San Francisco to London recently, it is completely covered by airline points.
These benefits help them expand their budgets. They invested about 30 % of their income.
Their credit card strategy is “not suitable for everyone”
Betsy Hutchins said that the ability to manage so many credit cards is impressive. Tennessee certified financial plannerEssence She said: “I have extended their advantages to maximize their ability to maximize their ability to maximize their advantages.” “” He pays their honor to them every month. “
Although the undertaking balance may lead to high interest debt-especially interest rates Average of more than 20 % -The credit card provides the advantages of debit cards. These include more powerful protection measures, such as zero responsibility for fraud and easier allegations to make it a wise choice for daily expenditure. The larger credit limit is also possible Help improve your credit scoreEssence
In other words, holding 15 “not suitable for everyone”, Noah Damsky said, CFP in Los Angeles.
He said that although Quinn and Brittney effectively improved financial awards to the greatest extent, from a practical point of view, “squeezing the last few credit card points” may not be the best because management and management and management and management and The pain of tracking is so painful. “
Brittney and Quinn Sturgis wear uniforms.
Kevin Heinz | CNBC did so
Management of 15 credit cards (Quinn) is called “amateur hobbies”) requires important organizations and financial discipline, not everyone is working hard.
Harchins said that although the Stggel family “sounds incredible discipline in the way of using consumer credit”, “a large amount of willpower and records need to be kept to maintain 15 credit cards without. Continuous balance.
For most people, she recommends carrying no more than four credit cards. Otherwise, for typical borrowers, it will become “furry”.
However, “Obviously, Stergis is not typical, which is useful for them.”
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