How to Money · Friday, August 7, 2026
A survey indicates more people are using credit card cashback and benefits to pay for necessities like groceries, rather than discretionary spending like vacations. Host Joel views this as a sign of increased financial responsibility and the fungibility of money, suggesting it allows for more intentional spending.
“More folks are using their cash back and some of the different like credit card benefits that they receive to pay for necessities like groceries.”
“To me, this is just an argument for the fact that money is just perfectly fungible and it makes me think that maybe there's a certain subset of folks out there who are realizing that, like, oh, I'm getting a little more responsible with how I'm spending.”
“I used to always use my points and kind of ear market for a trip for vacation, which there's nothing wrong with that, But if you realize that, I think I actually do want to get a little more intentional with my spending.”