So you’re going on vacation. And you’ve already booked the flight, the hotel, and found a few fun sightseeing things to do while there. Almost everything that can be taken care of beforehand has been. However, there’s still one glaring question you need to answer: how much cash should you take with you (yes, I’m talking about the green stuff...er... at least that’s the color of cash in the U.S.)?
Here are a few tips to help you figure that out:
Do your homework
There are a lot of people out there that don’t like credit cards. I don’t know if “scared” is the right word, but it seems to fit. They’re scared that all the perks you may get by signing up for a credit card is too good to be true. They’re scared that they may start to use a credit card for what banks hope you use it for: living today on tomorrow’s (possible) income. Indeed, if you use credit cards like that, you’ll be up a creek… and it won’t smell anything like flowers.
Why the hostility towards credit cards?
So far this year, I’ve spent way more than should be legal on my wedding. But it’s not all bad! I’ve put most of that on credit cards trying to maximize my earning potential when it comes to points and miles. You see, I’ve figured out first hand that expenses can add up quickly when planning a wedding, but using the right credit cards for wedding and honeymoon purchases can pay off big time for future travel.
Including bonuses, I’ve earned:
It’s true: I’ve been talking about how you can save a ton on travel with credit cards as of late. I mean, I did write a book on it. So sue me. Oh! And you can buy it here if you’d like. You’re welcome :)
Anyways, where was I? Right: saving on travel.
There are plenty of other ways to go about saving money while traveling. I wrote about a couple of them here. Unfortunately, when it comes to flights - the "deals" are harder to come by. It’s just the way it is. So what can you do to fly on the cheap?
Don’t believe everything you hear
Sometimes it feels like you have to do a reverse mortgage on your house (does anyone really know what that is, btw?) just to take a vacation! Maybe that’s why many Americans don’t take all of their allotted vacation time they get from work. Seriously, though. Vacations are expensive. And if you don’t do your research, planning, and saving beforehand, it could be devastating to your credit score.
Side hustles are all the rage today. You’ve got Uber promoting themselves as a part time job. Then there’s Lyft, Favor, and about a gazillion other things you can do to earn some extra cash. Even our current president has a side gig.
But those options are just the tip of the iceberg! So what can you do to earn thousands in extra income every year? Well, the following are great options:
Airbnb is changing the way people travel. Since their founding in 2008, they have exploded into a multi-billion dollar company that gives travelers more choices when it comes to lodging.
And the company isn’t only great for travelers, it’s also a great way to make a little extra cash when you’re not traveling (which can then help fund your next vacation!). But how much can you actually make? I’ll break it down for ya.
Starbucks. What would I do without you?! And whatever you may think of the coffee chain, it’s one of the most successful businesses in the world. That’s because, since the return of their CEO Howard Schultz, the company has made smart business decisions.
One of those smart decisions: change the way their loyalty program works. Come April, the Starbucks Rewards program is going to be revenue based, which is a big change from what it is now.
Getting a travel credit card (or two) is great. But once the honeymoon period, if you will, is over it can be tough to know how to maximize the spending of those cards. Plus, the last thing you want to do is go into debt to get points. So how do you find the happy medium? How do you maximize spending without going overboard?
Here are several items/purchases you can make to earn more credit card points than you ever have:
It’s October. And that means many things. It means cooler temperatures for many. It means Halloween for others. It means playoff baseball. Heck, it also means the holiday season is nearly here!
But there’s also something else the month of October means: breast cancer awareness month. If you can, I encourage you to donate. There are many ways you can go about doing so. Some are better than others. And some give you something in return (besides that good feeling you get when you do donate).