lifestyle
fee, air travel first-class upgrades and
hotel suite awards. Priceless!!
Introducing, a brave-new-world!
1. Our ‘expenses’ now become an
investment. Well, what does this mean?
Many cards (debit and credit) award us
cash and cash-equivalents when we
spend. And, mobile apps like Acorns.
com have created a way for us to
seamlessly and effortlessly invest in the
equity and bond markets every time
we spend money, by simply rounding
up each purchase and putting the
difference to work. For example, if you
spend $3.50 on a loaf of bread, your
account is automatically debited for
$4.00 with the difference, 50 cents,
being invested in the markets. Similar
investing apps are Betterment and
Wealthfront.
2. Spending money no longer depletes
your wealth and well-being, rather
it becomes a source of (1) wealth (2)
pleasure and leisure. Again, many cash
back deals, points, loyalty awards,
travel miles etc. grant us perks to spoil
ourselves, our loved ones and our
employees.
3. Money is now the start of our
‘leisure journey’ rather than the desti-
nation. Before digital currency rewards
came along, we had to pay for every
past-time, holiday excursion, leisure
trip, fine-dining experience etc. Now,
like Las Vegas hotels ‘comping’ high-
roller gamblers, we receive dozens of
free dining experiences, vacation get-al-
ways, Uber-ride credits etc.
What are the best current offers
out there?
• Best reward credit cards (according
to NerdWallet, CreditCards, ValuePen-
guin and The SimpleDollar): Chase
Sapphire Preferred Card; Citi Double
Cash Ca