Credit Card Management and Spending Habits Quiz

What is the primary reason the narrator uses multiple credit cards?

• To avoid using cash

• To accumulate debt

• To manage money efficiently and earn points

• To impress family and friends

How did the narrator manage to stay at the Hyatt Regency in Austin without paying cash?

• By redeeming credit card points

• By booking during a promotional period

• By using a travel agency

• By using a friend's discount

What benefit does the narrator expect to gain from achieving Hyatt Global status?

• Free room upgrades

• Discounted room rates

• Free breakfast benefit

• Access to exclusive events

Why does the narrator prefer to eat at the same restaurant during their stay?

• They have dietary restrictions

• They want to save money

• They enjoy trying new foods

• They receive special discounts

What strategy did the narrator use to book a first-class flight on American Airlines?

• Booking directly through American Airlines

• Using a travel agent

• Purchasing a last-minute ticket

• Transferring points to British Airways

Which credit card does the narrator use for earning points on gas purchases?

• City Custom Cash

• AmEx Gold Card

• World of Hyatt Card

• Chase Freedom Flex

How does the narrator handle their rent payments to earn points?

• By using a built MasterCard

• By paying through a bank transfer

• By paying with cash

• By using a debit card

What tool does the narrator use to track spending as a couple?

• A shared bank account

• A budgeting app called Splitwise

• A joint credit card

• A spreadsheet

What is the narrator's approach to budgeting and spending?

• Spending freely without tracking

• Using credit cards without a plan

• Avoiding credit cards altogether

• Budgeting monthly and treating credit cards like debit cards

What is the narrator's main takeaway from tracking their spending habits?

• They need to reduce their credit card usage

• They need to apply for more credit cards

• Their spending habits are under control and they use credit cards responsibly

• They should switch to using cash only