At a glance, credit cards might seem at odds with Financial Independence. After all, credit cards accrue “bad” debt, which many people consider anathema to FIRE goals. Even so, for those who manage their budgets well, credit cards can play a role in a frugal lifestyle. And while Dave Gow doesn’t have experience in this realm, Hayden does!

Join the duo this session as they explore credit card hacking – the art of maximising points, cashback, travel perks, and other rewards. The goal of credit card hacking is to get “free money” from signup bonuses or rewards from your everyday spending. And while it’s not for every risk appetite, it can align with some FI outlooks.

Tune in to find out how your credit cards could work for you!

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Disclaimer

Any advice is general and does not consider your financial situation needs, or objectives, so consider whether it’s appropriate for you. You should also consider seeking professional advice before making any financial decision.

Pearler is an Authorised Representative #1281540 of Sanlam Private Wealth Pty Ltd AFSL #337927. Read the FSG available from https://pearler.com/financial-services-guide

If you are considering any of the products we spoke about during the show, be sure to read the Product Disclosure Statement & Target Market Determination available from the product issuer’s website before deciding.

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32. Credit card hacking

Aussie FIRE | Financial Independence Retire Early