SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Check Out Sound Field at: https://www.youtube.com/soundfieldpbs Airline miles and credit card reward points feel like free money. So what's the catch... and who's really gaming who? Two Cents on FB: https://www.facebook.com/TwoCentsPBS Two Cents on Twitter: @twocentspbs Email us: [email protected] -- Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson Directors: Katie Graham & Andrew Matthews Written by: Philip Olson, CFP® and Andrew Matthews Produced by: Katie Graham & Amanda Fox Images by: Shutterstock Music by: APM SOURCES: https://budgeting.thenest.com/percentage-americans-credit-cards-30856.html https://www.creditcards.com/credit-card-news/history-of-credit-cards.php https://www.frugalrules.com/how-do-credit-cards-make-money-hard/ https://www.fool.com/credit-cards/2017/04/13/this-is-how-credit-card-companies-hauled-in-163-bi.aspx https://247wallst.com/banking-finance/2017/09/28/43-of-americans-carry-credit-card-debt-for-at-least-2-years/ https://www.nytimes.com/2016/03/27/your-money/credit-cards-encourages-extra-spending-as-the-cash-habit-fades-away.html https://www.psychologytoday.com/us/blog/the-edge-choice/201207/the-way-we-spend-impacts-how-we-spend http://time.com/money/3896999/airline-miles-awards-consultants/ https://www.theatlantic.com/business/archive/2011/04/this-is-your-brain-on-credit-cards/73342/ https://www.cmu.edu/homepage/practical/2007/winter/spending-til-it-hurts.shtml