Credit Cards Without Regret: My Rewards Strategy

Credit cards can be a controversial topic in the Profit First world. The standard advice is to avoid them completely, stick to cash, and keep things simple. And for many business owners, that’s the safest path. But what if I told you there’s a way to use credit cards strategically inside a Profit First system without falling into debt, losing track, or jeopardising your cash flow?

In this episode of Money First, CEO, I share exactly how I use my American Express card for business expenses only—without ever paying a cent in interest and while earning meaningful rewards that benefit my family. I walk through the difference between using a credit card as a funding source (a recipe for stress) and using it as a payment method for planned operating expenses.

I explain why discipline, structure, and cash allocation matter more than the card itself, and how I make sure my card usage stays aligned with Profit First principles. I also share my weekly routine for paying off the balance, how I separate personal and business spending, and the rewards strategy that’s allowed me to fund travel and upgrades without dipping into personal savings.

The key takeaway? Credit isn’t the problem - confusion and lack of structure are. If you know your numbers, stick to your allocations, and treat your card like a tool, you can enjoy the benefits without the debt stress.

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🔗 Where to Find Harman:
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