financial wellness
How This Woman Got A Free Honeymoon By Paying For Her Wedding With Her Credit Card
NEW YORK (Newswire.com) – iQuanti: Wedding photographer Olivia Kalton knows a thing or two about the costs involved in making a wedding day happen. So when she got engaged, she decided to shop around and find the right credit card for wedding expenses she’d have to pay that would also give her the most bang for her buck.
She posted her “hack” on TikTok detailing how opening a new Chase Sapphire card helped her maximize her purchases and allowed her to convert all those points she earned on purchases into an all-expenses-paid honeymoon.
Though her TikTok doesn’t specify if it was the Reserve® or Preferred® version of the card, we’ll show you how you can use any card to help subsidize your wedding or honeymoon costs just for buying the things you already need.
Difference between a credit card and a personal loan
First, let’s cover the basics to help you decide if you should use a credit card for wedding expenses or a personal loan for wedding expenses. While there are some similarities between a credit card and a personal loan there are also some major differences.
Personal Loans
- Work like installment loans so you will receive the funds upfront in one large sum and repay the loan each month over a certain period
- They can be both secured or unsecured
- Personal loans have an end date
- Personal loan funds can be used for almost anything
Credit Cards
- Work as revolving credit, so you can borrow as much as you need (up to your limit) and then your payments depend on the outstanding balance.
- The payments don’t have interest if the balance is paid in full each month
- Credit cards usually have interest rates
- Credit cards can be used for everyday purchases
How to earn a free honeymoon with your credit card
Step 1: Figure out which costs you’ll have to pay.
Before you even start looking at cards, you’ll need to know your budget and what you’ll need to pay for.
Step 2: Start saving
None of this works if you’ll be left with a balance on your credit card at the end of the month. While free travel is always nice, it’s not really “free” if you’re paying compounding interest on your purchases, so start putting money away for your wedding ASAP.
Step 3: Ensure your vendors accept credit cards
Some of Olivia’s commenters mentioned they had trouble paying with credit cards for wedding services, so shop around first to see what companies accept credit cards and which type. Some vendors will accept Visa or Mastercard but not American Express (due to their higher vendor fees). Knowing this ahead of time will give you a better idea of which card you’ll need to get.
Step 4: Research your honeymoon ideas
You can do this after Step 5 if you want, but having an idea of where you want to go will help you determine which airlines, hotels, cruises, etc., you’ll need to work with.
Step 4: Research credit cards
There are dozens of cards that offer membership or reward points for purchases, so you’ll need to research and find the one that best fits your needs. In particular, look at:
- How many points you’ll get for each spending category (some cards will offer more points for travel, while others give bonus points for groceries, online shopping, etc.)
- Their travel partners – Again, you can base your honeymoon off of your preferred cards’ travel partners instead of Step 4. Regardless, see which travel partners (airlines, hotels, cruises, rental car companies, etc.) they work with so you’ll know your options.
- The annual fee – Many premium travel cards come with hefty annual fees that should be considered in your expenses
- The welcome offer and terms – Most cards will offer you a lump sum of reward points, typically in the tens of thousands, if you spend a specific amount of money within the first few months of opening your card. This is usually a one-time offer, so you’ll need to strategize your costs accordingly.
Step 6: Check award blogs and calculators
Now that you know how many points you’ll earn off the bat (plus a rough estimate of how many points your purchases will earn), you’ll need to find out just how many points it’ll cost you to do your honeymoon. There are dozens of travel blogs and websites with calculators that help people figure these out, like Doctor of Credit or the /r/churning and /r/awardtravel subreddits.
Step 7: Open the card and start spending
Step 8: Keep a running tally of your total points and how close you are to your goal
Step 9: Convert the points with travel partners
This is it! Now that you’ve accumulated all those points, it’s time to cash it in and book your trip! Keep confirmation records handy, just in case.
Bonus tip
Keep an eye out for promotional offers from credit cards and travel partners that offer bonus points. Some hotels will offer a % bonus if you buy points in bulk (i.e., 25% more points if you buy points directly from them), while others will have a temporary promotional period where your credit card points convert to a higher amount (i.e., instead of 1:1, 1:2, etc.)
Source: iQuanti. Inc
https://stmdailynews.com/category/lifestyle/
Automotive
Beyond the Sticker Price: Identifying the Most Affordable New Vehicles to Insure for 2026
For most households, buying a new vehicle is one of the largest financial decisions they’ll make. The purchase price is only the beginning, however. To help consumers make more informed purchasing decisions, consider these rankings of the most affordable new 2026 model year vehicles to insure.
Beyond the Sticker Price: Identifying the Most Affordable New Vehicles to Insure for 2026
(Feature Impact)For most households, buying a new vehicle is one of the largest financial decisions they’ll make. The purchase price is only the beginning, however. Fuel, maintenance, depreciation and insurance all contribute to the total cost of ownership, making affordability a consideration that extends well beyond the showroom.
To help consumers make more informed purchasing decisions, Mercury Insurance recently released its annual rankings of the most affordable new 2026 model year vehicles to insure, identifying the top-performing SUV, truck, sedan and electric or hybrid vehicles in four of today’s most popular categories.
“Consumers naturally compare purchase price, fuel economy, safety ratings and technology features before buying a vehicle,” said Chong Gao, director of research and development for Mercury Insurance. “Insurance is one of the few ownership costs drivers can estimate before making a purchase. Factoring it into the decision gives consumers a more complete picture of what that vehicle is likely to cost over the years they own it.”
While every driver’s premium is unique, this year’s rankings also revealed a broader trend: Practical, mainstream vehicles continue to offer some of the strongest long-term insurance value.
“Vehicles designed for everyday drivers often strike the best balance between safety, repairability and replacement costs,” Gao said. “That’s reflected in this year’s rankings, where familiar models from manufacturers like Hyundai, Chevrolet, Honda, Kia and Volkswagen rose to the top. It reinforces the idea that choosing a practical vehicle can pay dividends well beyond the purchase price.”
A Cost You Can Plan For
Unlike unexpected repairs or fluctuating fuel prices, insurance is a predictable ownership expense consumers can research before purchasing a vehicle.
Comparing insurance costs alongside purchase price, fuel economy, maintenance expenses and expected repair costs can help shoppers better understand the long-term financial commitment of vehicle ownership.
Factors Influencing Insurance Costs
Insurance costs are influenced by many factors, but repair complexity, parts availability, vehicle safety systems and historical claims experience all contribute to how a vehicle is insured. While advanced safety technology can help reduce accidents, vehicles that are easier and less expensive to repair can also help improve long-term affordability. Among the considerations insurers evaluate are:
- Repair and replacement costs
- Historical claims experience
- Vehicle safety features and crash performance
- Theft frequency
- Availability and cost of replacement parts
- Vehicle performance characteristics
The Most Affordable Vehicles to Insure
This year’s rankings show practical, mainstream vehicles continue to offer some of the strongest insurance value. The top spot in both the SUV and electric and hybrid categories was claimed by Hyundai while Chevrolet led the truck category and Volkswagen topped the sedan rankings. Rounding out Mercury’s rankings were several familiar nameplates recognized for balancing insurance affordability with everyday value.
SUVs:
- Hyundai Santa Fe
- Chevrolet Blazer
- Honda Pilot
- Kia Sportage
- Honda Passport
Trucks:
- Chevrolet Colorado LT
- Chevrolet Silverado C3500
- Ford Maverick and Ranger
- Hyundai Santa Cruz SE
- Toyota Tundra CrewMax
Sedans and Coupes:
- Volkswagen Golf R
- Acura Integra
- Honda Prelude
- Kia K4
- Mazda3
Electric and Hybrids:
- Hyundai Santa Fe Hybrid
- Chevrolet Blazer EV
- Kia Sportage Hybrid
- Ford Escape Hybrid
- Honda CR-V Hybrid
“The smartest vehicle purchase isn’t always the one with the lowest sticker price,” Gao said. “It’s the one that delivers the best overall value over time. Comparing insurance before buying gives consumers another tool to make a more informed decision.”
Visit MercuryInsurance.com to see the full rankings and request a quote to get a more complete understanding of long-term ownership costs.
Photo courtesy of Hyundai America (Hyundai Santa Fe)
Photo courtesy of Shutterstock (couple using laptop)
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financial wellness
Covering Basic Expenses with Credit Cards Adds to the Growing Debt Cycle
The Debt Cycle: For many Americans, credit cards were once reserved for emergencies, major purchases or added security when shopping online. However, today, people are increasingly relying on credit cards and unsecured debt to cover basic everyday expenses like groceries.
Covering Basic Expenses with Credit Cards Adds to the Growing Debt Cycle
(Feature Impact) For many Americans, credit cards were once reserved for emergencies, major purchases or added security when shopping online. However, today, people are increasingly relying on credit cards and unsecured debt to cover basic everyday expenses like groceries.
According to a survey of 2,000 U.S. adults with at least $10,000 in unsecured debt conducted by Atomik Research on behalf of Accredited Debt Relief, a debt consolidation company specializing in unsecured debt relief, credit cards are no longer just a financial convenience but a tool for managing the rising cost of everyday necessities.
In fact, 66% of respondents reported having used a credit card to cover the cost of groceries within the last year. Other essentials aren’t far behind: 47% said they’ve used it for gas or transportation, 45% for utilities and 33% for rent or housing costs.
How Everyday Expenses Turn into Long-Term Debt
Debt builds over time when credit becomes part of monthly operations. For those struggling with cost-of-living pressures, using a credit card to cover groceries or utility bills may seem manageable in the moment. When the unexpected happens – a car repair, medical bill or unusually high energy bill – however, the balance adds up for the 46% of respondents who take on additional debt at least most of the time an emergency occurs and, without an executable plan for repaying it, could shorten the runway for taking care of such expenses in the future.
Because nearly 3 in 10 survey respondents rely on credit or borrowing just to get through a typical month, the data suggests what may have been a stopgap has become a routine part of managing personal finances. In fact, one-third of survey respondents said they depend on credit more than they did a year ago.
Lack of a Financial Cushion Makes Paying Down Debt Difficult
Breaking the debt cycle becomes especially difficult without emergency savings. Only 28% of respondents say they can cover expenses and save.
Additionally, 45% reported their income is enough to get by but not get ahead. Many said they’ve even put off taking a vacation or saving for the future due to their financial situations. When each paycheck is already committed to existing bills – 29% of respondents listed the cost of everyday expenses as the biggest barrier to reducing debt – making meaningful progress toward paying down debts becomes more difficult.
The Emotional Cost of Carrying Debt
Financial stress affects more than just the household budget. The survey found 25% of respondents are concerned about their financial future, with 12% worried they’re facing long-term financial instability. What’s more, nearly 7 in 10 said their current debt situation has negatively affected their mental well-being.
Without meaningful changes, whether through increased income, debt relief or financial support, these households may continue to rely on unsecured credit as a necessity rather than a strategic financial tool or occasional supplement. To learn more and find support to regain financial stability, visit AccreditedDebtRelief.com.
Photo courtesy of Shutterstock
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Consumer Corner
Things to Look for When Considering an Auto Secured Loan
Many Americans continue to feel pressure from rising everyday expenses. Some are turning to credit cards and other expensive options like unsecured loans to cover surprise bills, manage a temporary gap in cash flow or even pay for basics like groceries and gas. For these people, an auto secured loan may offer another option for borrowers who own a vehicle and are looking for a more affordable way to access funds.
(Feature Impact) Many Americans continue to feel pressure from rising everyday expenses. Some are turning to credit cards and other expensive options like unsecured loans to cover surprise bills, manage a temporary gap in cash flow or even pay for basics like groceries and gas.
For these people, an auto secured loan may offer another option for borrowers who own a vehicle and are looking for a more affordable way to access funds.
Unlike an unsecured personal loan, an auto secured loan uses a vehicle as collateral. This can help borrowers qualify for higher loan amounts at better interest rates and with more flexible repayment terms.
Not all loans are created equal, however. If you’re considering an auto secured loan, here are six features that responsible lender Oportun suggests borrowers prioritize when evaluating their options.
1. Transparent, Easy-to-Understand Terms
A responsible lender will clearly explain the loan’s annual percentage rate (APR), monthly payment amount, repayment schedule, fees and total cost over time.
Borrowers should also understand what happens if a payment is missed and what options may be available if financial circumstances change. Clear information helps consumers make confident, informed decisions.
2. Affordable and Predictable Payments
The best loan is one that fits comfortably within your budget. Look for fixed monthly payments, reasonable repayment terms and the ability to pay off the loan early without penalties. Be cautious of products that rely on repeated refinancing or loan rollovers that can increase costs over time.
3. Lower-Cost Alternatives to Payday
When unexpected expenses arise, some consumers turn to high-cost forms of credit, such as payday loans, because they are often marketed as fast and easy to secure.
A responsible auto secured loan may offer a more affordable alternative with lower rates and repayment terms designed to help borrowers successfully repay what they borrow rather than become trapped in a cycle of debt. Be sure to shop rates across loan types and lenders.
4. Flexibility and Strong Customer Support
Life doesn’t always go according to plan. Borrowers should look for lenders that offer convenient account management tools, flexible payment options and access to knowledgeable customer support representatives. The ability to get help when it’s needed can make a meaningful difference over the life of your loan.
5. Credit Building Opportunities
A loan can do more than just solve an immediate financial need. Many responsible lenders report payment activity to the major credit bureaus, allowing borrowers to build or strengthen their credit history through consistent, on-time payments. Over time, a stronger credit profile can open the door to additional financial opportunities.
6. Responsible Collateral Practices
Before taking out an auto secured loan, it’s important to understand how a lender approaches collateral. Responsible lenders use a vehicle to help expand access to credit. They do not offer credit as a shortcut to taking ownership of your vehicle. Look for lenders that offer hardship assistance and work with borrowers facing financial setbacks before pursuing collection actions. Repossession should always be a last resort.
Choosing the Right Lending Partner
If you’re considering an auto secured loan, make sure the lender you choose supports these six practices. Responsible lenders design their products to help people both access funds for short-term needs and improve their long-term financial health.
For example, Oportun offers clearly priced auto secured personal loans designed to help members access affordable credit and repay them on time so they can build a stronger financial future. Since its founding, the lender has provided more than $22 billion in responsible and affordable credit, helped more than 1.3 million people establish a credit history and saved its members more than $2.5 billion in interest and fees.
By focusing on lenders that prioritize transparency, affordability, flexibility and successful repayment outcomes, borrowers can find an auto secured loan that meets their current and future financial needs. Discover more information by visiting Oportun.com.
Photos courtesy of Shutterstock
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Oportun
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