Miles Vs. Cash Back
Years ago, we had a cash back card and I thought it was the greatest thing ever. Then I started looking into miles programs (delta was the first one I looked into) and I wondered which I should do? Well I did the math, I looked at the year previous and totaled up how much $ we had earned from our cash back card. I then figured out how many miles we could have earned if I had put all that money on a Delta card. I realized that the miles earned would get me a plane ticket to Europe a whole lot faster than saving that money every year on my cash back card would. Here's why........ "typically" miles tickets are cheaper than $ tickets. For example I saw a great sale recently on flights from SLC to Long Beach California for $140, when I looked at the miles price it was only 9k miles (to keep things simple I equate 9k miles to $90, just take 2 zero's off whatever the miles price is and it will give you a good comparison to $). The other reason w...