The article emphasizes how Gen-Xers, aged 45 to 60, could significantly benefit from credit cards, specifically cash back options. Using data from the Bureau of Labor Statistics, it suggests that these individuals can earn a substantial amount—potentially over $1,000 a month—if they choose the right cash back credit card. The fundamental difference lies in the debit card's direct bank deductions versus credit cards that provide rewards on spending, making it vital for Gen-Xers to explore these benefits to enhance their financial situation.
Based on Bureau of Labor Statistics data, the average Gen-Xer could likely earn over $1,000 per month in credit card cash back.
If Gen-Xers do their research and find the best cash back card that offers them the maximum bonus rewards for their spending, many could make a good amount of money.
Credit cards are a good option for people of every generation, but let's take a look specifically at how they could benefit Gen-Xers based on the spending they are doing.
The right cash back credit card can earn you hundreds, or thousands of dollars a year for free.
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