You may have heard of return on investment (ROI), but what about return on spending (ROS)?
Return on Spending (ROS) is a metric that measures the financial return on non-investment expenditures.
Ok, but how do I generate a return on my non-investment spending?
If you use a credit card with cash-back rewards to make purchases, then you can monetize the financial benefits of “paying later” to generate a return on your spending.*
To learn more about ROS, including how to calculate and the positive impact it has on your Purchasing Power, please read on.
Continue reading “Do you know your Return on Spending?”
While that number may be surprising, what is more shocking is that this number has not changed much since the 2007 survey. For all the advances in technology, including spreadsheets and online budgeting software, people’s habits related to managing money and tracking spending have not really changed that much over the last decade. 
The great thing is that in this age of online subscription services you can select topics that matter to you and have the information delivered directly to you. I have a few different information services that feed updates on personal finance to my email and Twitter accounts. These feeds provide information on a range of topics and are particularly useful if you are nearing a significant life goal like starting or changing careers, or deciding when and where to retire. I receive feeds from a number of different sources, including those specific to industries or technologies I’m following for investing purposes. It’s easy to get overloaded and overwhelmed with all of the different sources, so I recommend getting started with a few that allow you to better understand how to financially plan for life events, stay on top of your money, and comparison shop products and services.