What Is Travel Hacking & How Do I Get Started
What Is Travel Hacking?
Some of the most common questions I receive from my clients are, “How do I get started in travel hacking?” and “Is there a simple way to do so?”
Never fear, there is absolutely an easy way to get started in travel hacking and I’m here to help.
If you’re planning on spending the money on your wedding anyways, why not reward yourself in the process? One of the simplest ways to do so is through paying for goods and services with a rewards credit card. As you spend money, you’ll be earning points or cash back, helping you save towards that honeymoon without even trying. Hence, the travel hacking begins.
How to Choose the Right Rewards Credit Card for You:
With so many options out there for you to choose from, there really is no one right credit card for everyone. So, which one is right for you?
This really depends on a few key factors:
- Your spending habits
- The type of wedding that you’re having
- Where you are planning on going on your honeymoon
It’s very important to recognize that every strategy will differ from one person to the next and what may have worked perfectly for your best friend or sister may not work for you.
A Good Credit Card to Get You Started
So where should we start? One card that is perfect for nearly everyone is one with no annual fees – after all, why pay even more?
The Chase Freedom card is the perfect example, with an amazing $150 cash-back bonus if you spend $500 within the first three months of signing up.
People – that is grocery money!
It is so simple to spend this amount in the first few months, making this card a no-brainer must-have for anyone planning a wedding.
Another cool aspect of this card is the versatility – each quarter of the year a new category is selected for 5 points on the dollar with cash-back up to $1,500 spent in this category. So one month it could be 5 times the points at your favorite restaurant and another it could be on your favorite warehouse stores, such as Costco. If you’re going to be shopping at these locations anyways, why not reward yourself for it?
Now, some may argue that it would be difficult to spend that much money, particularly in one category, if you’re already on a budget or planning for a wedding.
Here’s an alternative way of looking at it.
For example – take this quarter, Q4, in which your credit card bonuses will be at big box retailers such as Target or Walmart.
Now, if you’re in the process of planning a wedding you can easily obtain necessary items from these stores such as thank you cards, envelopes, centerpiece decorations, and more.
However, there’s another way to maximize your points and use this category bonus to your advantage – you can buy gift cards at these stores for totally different retailers, like Amazon or Macy’s.
This is gold, ya’ll!
You can spend up to $1,500 in this category for cash back and GIFT CARDS COUNT. So you can buy your bridesmaids or groomsmen gifts from Amazon and maximize your points in the process for your honeymoon! This seems like a total no-brainer to get started today.
Just remember – make sure that you understand what travel hacking is before you dive in and make sure to off your cards each month.