Hi all, I'm a somewhat recently credit card debt free person and I will forever stay that way. I was in a cycle of credit card debt for years and I'll never go back! I still use credit cards within my budget for the cash rewards and I've been doing that responsibly for the past year. I pay them off and never carry a balance, but I have a question about how everyone does that. It seems like the FI community is pretty credit card friendly as long as they are being paid off, but can anyone share logistics with how they do that? I track my spend on Monarch Money so that I never go over my spending categories. I've been paying them off weekly but I don't know if thats too excessive? I net about $120 in credit card cash rewards monthly by putting all of my groceries, insurance and household expenses on credit (all tracked and budgeted). I get high cash rewards for groceries and gas. I haven't gotten into travel rewards because I'm not able to travel at this stage of life (young kids and medical needs), but I'm interested for the future.
Can anyone share their process and maybe I'll find something that works for me. I would like to find a better process for paying them off monthly and I'd love to hear what the community is doing. Thank you!
