Start Time: 14:00
End Time: 16:14
This snippet from Beyond Finances will help you travel more while still saving money!
Upload Date: Jan 08, 2021
This snippet from Beyond Finances will help you travel more while still saving money! Travel can get pricey, but smart spending and saving can help fund your desire to explore. Tune in to the rest of the episode for more financial tips.
and whatnot for this episode. Eso We covered some of the big picture stuff that we dio to make travel financially feasible. But there's also, you know, a couple of small little things that we do as well to save money or to make it something that's that's easier to fit in the budget. And some of this stuff is a little travel hacky. So, Eric, sorry that that I'm going to get into a little bit. But like, for example, we do use credit card points. Credit card points are great if you're someone that can spend responsibly and then you spend responsibly on a credit card. Responsibly means not spending more on your credit card than you otherwise would do if you're using a debit card. If you could do that and the credit card is gonna give you points, why would you not do that? We spend money because we live, and when we spend money and living with us through the business or not, we can get points. And if those points are able to provide us with free flights or hotel, then that's perfect. So that's the kind of thing you're talking about here, right? We're doing that in the background. A Sfar is building up points go before we go travel. Yes, that's what I mean. We don't do a lot of credit card churning, which is where your opening and closing tons of cards just for the sign up bonus. But we do intentionally use our credit cards. And we had the opportunity to because we know we're getting, you know, 1 to 2% mawr for every dollar that we spend, because we'll get some points back and let me reiterate that 1 to 2% that's really all you're getting back, if that again. This is where you should focus on kind of what what matters. And that's not gonna be the thing that allows you to travel all over the world for little to no money. But it helps. It's a little thing. Well, that's a really good point, too, because I see a lot of people that will spend money on their credit card to earn points and use those points for travel. They wouldn't have bought this thing if they didn't think they were gonna get points that would help them travel, but they really should just spend the money on the travel, right? And in the case that you were saying as far as like, the 1% back. So you spend 100 bucks on this thing and you get a dollar. Okay, Why wouldn't you? Just not by the thing. And use the $100 towards the travel because that's going to give you 100 times better return. Keep that in mind. I mean, use your credit card when the opportunity comes up and if you can responsibly manage it. But don't think that the credit card