Fun 15 credit cards may sound excessive, but Air Force officers Quinn Sturgis and Brittney Sturgis have strategically used them to earn benefits and establish credit -establishment of credit – – This is just one of the discipline habits that help them save Nearly $ 500,000 In the age of 20.
“We never carry a balance,” said Quinn, a 30 -year -old pilot Quinn. “Regardless of the balance of the previous billing cycle, it will automatically pay before the next billing cycle.”
Through this, they can avoid interest costs, while making full use of the benefits of credit cards, including earning cash return rewards, aviation mileage, and flight or hotel upgrades.
The Stergis family.
Provided by Queen Stges and Britney Stggel
The couples are stationed at the Tellaves Air Force base in California, mainly using several cards for daily shopping, such as Chase Free Card or American Tongtong Gold Card. The couple rarely use the Costco card to buy gasoline, and use the Hilton Honor Association ASPIRE Card to book a hotel.
As active soldiers, they can also enjoy the benefits of high -level cards free of annual fees, thereby reducing costs and easier to get the maximum returns.
In addition to cash rewards, travel allowances can usually pay a lot of fees. Quinn said, “Many of our family travels are paid with points,” said it was paid with points, “said the business class flight from San Francisco to London recently, which was completely covered by airline points.
These benefits help them expand their budgets. They use about 30% of their income for investment.
Their credit card strategy “is not suitable for everyone”
Betsy Hutchins said that the ability of this couple to manage so much credit card is impressive, Registered financial planner in TennesseeEssence “I praised their ability to maximize the use of credit card benefits,” she said. “Thank them for paying off their salary every month.”
Although the balance of unclean balance may lead to high interest debt -especially in terms of interest rates Average of more than 20% – Credit card is advantageous. This includes stronger protection, such as fraudulent responsibility and easier charging disputes, making them a wise choice for daily expenditure. The credit limit is high Help improve your credit scoreEssence
In other words, carrying 15 cards “not suitable for everyone”, Noah Damsky said, CFP in Los Angeles.
He said that although Quinn and Britness effectively maximized the economic return, “from a practical point of view,” compressing the last credit card points “may not be the best choice because management and tracking are very painful.”
Britney Stggyezi and Quinn Stggius wore uniforms.
Kevin Hainz | CNBC success
Manageing 15 credit cards (Queen called “hobbies”) requires strict organization and financial discipline, but not everyone work diligently.
Harchins said that although the Stggel family “sounds very disciplined in terms of consumer credit”, “to maintain 15 credit cards with no continuous balance requires great willpower and record preservation.”
For most people, she recommends carrying no more than four credit cards. Otherwise, for typical borrowers, things will become “tricky”.
However, “Obviously the Stergis family is not typical, which is very effective for them,” Harchins said.
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