4 Ways You Could Be Losing Out on Your Money

iStock.com/Poike

3. You Don’t Use Up Your Credit Card Travel Rewards (Or Have Any to Use)

If you’re spending, you might as well be rewarded for it. Whether it comes in the form of travel points, or cash back we could all use a little more. The same can be said for holiday shopping, too. Only one in eight Americans plan to use a credit card for purchases abroad. And, according to a poll, shoppers are missing out on a collective amount of $152 million in rewards.

Maybe, you’ve got a stack of rewards points that you are saving for the future? It could be the perfect time to use them now, as they’ll likely be worth a lot less by 2025. It’s known that credit card rewards can lose value over time, and issuers can even rescind them if they are unused for years. So, why not take that trip you’ve been thinking about, now?

4. You Don’t Negotiate Your Salary or Benefits

Yes, it might seem particularly intimidating to march up to your boss and ask for a raise.  But, it might surprise you to know, that at least 80% of people who ask for their salary to be increased are successful to some degree. The best times to negotiate your pay are when you get a job offer at a new company or get a promotion.