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Search resuls for: "Spender"


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10'000 Hours/Getty ImagesIf you're using a debit card for everything you buy, you could be missing out on valuable perks and rewards. If you like to travel, check out travel rewards credit cards that come with benefits like airport lounge access, Global Entry or TSA PreCheck credits, or airline fee credits. Credit cards work best for consumers who are debt-free and able to stay that way. If you're thinking of making the switch from debit to credit, it's important to recognize the signs this could actually be a good idea. When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.
Lauren Lyons Cole is a financial planner in New York CityWhen she first meets a client, she asks them two questions seemingly unrelated to money: "What is your favorite Starbucks drink order?" But before we get into the financial minutiae, I ask two questions that have nothing to do with money, yet tell me more than a pile of bank statements ever could. What is your favorite Starbucks drink order? I ask many more questions during the meeting to get an accurate perspective on a client's approach to spending. But more often than not, the Starbucks question holds true.
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