Welcome to The MapleMoney Show, the podcast that helps Canadians improve their personal finances to create lasting financial freedom. I’m your host, Tom Drake, the founder of MapleMoney, where I’ve been writing about all things related to personal finance since 2009.
Are you still paying regular prices when you shop? My guest this week, Stephen Weyman, explains that with the right strategies, you don’t have to.
Stephen and I discuss ways to stack multiple discounts before, during, and after purchase, so you never have to pay the listed price again. Popular apps like Flipp and Groupon, along with cash rebate sites like eBates and Great Canadian Rebates, make it easier than ever to save money when shopping.
As the face behind the popular credit card comparison site, Credit Card Genius, Stephen knows a thing or two about maximizing credit card rewards, and he shares some of that knowledge with us.
Stephen says that if you’re spending more than $1200/month with your credit card, you should probably be looking at a card with an annual fee. The increased rewards and numerous benefits will outweigh the cost of the annual fee.
You could even opt to carry a second, no fee card, that allows you to target rewards in a specific spending category. For example, some credit cards offer bonus rewards for gas, groceries, or dining out.
This week’s sponsor, Borrowell, provides personalized product recommendations for credit cards, mortgages, and loans, from trusted partners. head over to Borrowell today to get your FREE credit score and more.
- Where to start looking for discounts
- Does stacking coupons actually work?
- Why being a loyal customer isn’t always a good thing
- How companies use big data to get to know what consumers want
- How to use credit card rewards to pile on the savings
- When it’s worth paying an annual fee on a credit card
- The benefits of making purchases with a credit card
- How to use gift cards to maximize your credit card rewards