GO SOMEWHERE - Colin Stroud

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Welcome to Something More with Chris Boyd.

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Chris Boyd is a certified financial planner, practitioner,

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and senior vice president and financial advisor at

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Wealth Enhancement Group, one of the nation's largest

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registered investment advisors.

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We call it Something More because we'd like

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to talk not only about those important dollar

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and cents issues, but also the quality of

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life issues that make the money matters matter.

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Here he is, your fulfillment facilitator, your partner

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in prosperity, advising clients on Cape Cod and

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across the country.

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Here's your host, Jay Christopher Boyd.

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Welcome, everybody.

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I'm Chris Boyd.

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I'm here with a full team of people.

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We're all excited for our next guest.

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I'm joined, of course, with Jeff Perry, our

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regular co-host here, as well as Ross

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Ball is with us, and Kristen Boyd, all

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of us from Wealth Enhancement, the AMR team.

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Thanks all of you for being here.

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Kristen is a rarity on our show, but

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she loves to travel, and who doesn't love

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to travel?

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And that's what our topic is about, go

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somewhere, as our guest has coined the phrase.

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And so our guest is Colin Strout.

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Colin, thank you so much for being with

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us.

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Yeah, thanks for having me.

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I'm super excited to talk travel, everyone's favorite

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subject.

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Everyone's favorite.

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Well, Kristen's especially, which is why I asked

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her to join us.

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Kristen, start us off talking about why is

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this the topic of choice?

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Hi, Colin.

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Really excited to hear what you have to

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say.

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When I turned 50, I declared it my

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decade of travel.

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I am very much interested in going somewhere,

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quote your website, so I would love to

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hear any tricks and tips that you could

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offer to get me to all the places.

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And who doesn't love to go?

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You're all about Europe.

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I do believe Europe is magical for sure,

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but I am certainly open.

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My life goal is to hit the seven

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continents.

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So any guidance to get me there at

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a lesser cost would be fabulous.

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Yeah, let's do it.

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So Colin, tell us a little bit about

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your services, your website, your tips and tricks.

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Yeah, all the tips and tricks.

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Yeah, for sure.

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Well, just to start, kind of general, I

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mean, I got into credit card points the

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same way that a lot of people do,

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which is like, travel just feels kind of

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expensive.

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I don't quite know how to afford that.

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And I was recently graduated from college, didn't

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have much money, new baby.

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I was like, oh, this, I don't know

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how I'm going to go anywhere.

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And so it just kind of went down

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that rabbit hole.

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And then I realized as I kind of

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started optimizing myself, so many people don't get

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this at all, or think they get it.

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And there's a whole nother level.

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There's a whole deeper layer of how this

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credit card points and travel rewards stuff works.

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And so I just kind of started sharing

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about it online on LinkedIn.

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And some people liked it.

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And, and then I was like, I wonder,

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you know, I'm helping people save so much

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money here, maybe I could charge them to

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help.

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And that's kind of how my business GoSomeWhere

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started.

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And so it's really just an education business.

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It's a consulting business.

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So people pay my consulting fee to get

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on a call with me and for me

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to talk to them for me to teach

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them how this stuff works, help them build

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a credit card strategy.

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And then I also do trip planning.

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So someone might come to me with 500

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,000 American Express points, you'd be shocked how

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many people have way more than that.

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Just this morning, I had three people message

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me with over a million points.

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So that may not be any of our

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listeners.

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But there are people all over the place,

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who are just sitting on these points.

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They might be business owners, or what I

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see a lot there.

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They're literally just points hoarders.

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They've been had they had the card since

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2005.

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And they haven't touched it.

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And it's kind of funny that people just

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don't use them because they don't understand them.

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So that's my goal is like, hey, let

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me help people understand how this point stuff

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works.

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It's confusing.

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Intentionally, you know, these banks do not do

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not make it easy to figure this stuff

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out.

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But I think for most people, just in

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a little bit of time, I can, I

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can, I can really make it easy for

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them.

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And like I said, I do the trip

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planning.

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So I'll just kind of do all the

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work for someone and I'll, they'll get on

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a call and I'll say, click this, click

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this, click this and, and help them book

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something get real easy.

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There's a million things we could talk about.

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But that's kind of like the general, how

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I'm here, why I'm here, how I got

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started in this.

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And I really, really enjoy I've got some

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really unlocked some crazy trips for people, which

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is super gratifying for me.

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Well, we're financial planners.

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And of course, people love to travel as

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one of their big life objectives.

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So this is I think, right on plan,

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you wanted to say something.

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I was going to ask, do you recommend

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having being dedicated to one particular card, spreading

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it around?

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Like, for example, we have, you know, our

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Amex, which is connected to Delta, we have

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a JetBlue card, we have a Hilton card.

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And when we go to pay for something,

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we go, well, which one should we use?

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Well, we haven't used the Hilton in a

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while.

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And you got that other one.

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The Chase one, the Sapphire one.

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So do you recommend being loyal to one

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card or, or spreading it out?

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You know?

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Yeah, that's, it's so case by case, that

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can be really hard.

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Like, what I think I've realized that some

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of these programs or cards are just really

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not that good.

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You kind of have to look into it

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and study it to see which ones are.

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But what I've noticed is that if you're

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trying to hyper optimize any of these programs,

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whether it's Hilton, JetBlue, fill in the blank,

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you can like, you know, there's, there's an

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opportunity with Hilton, for example, when you get

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their Aspire card, that really expensive one they

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have, you can earn, you can be earning

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34 points per dollar at Hilton properties, because

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you get this diamond status bonus plus the

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14 points per dollar you get, you just

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having the card.

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So there's all kinds of ways like that's

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just a fun example of like, 34 points

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per dollar spent is very good for someone

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who travels at Hilton a lot.

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But for some people like me, I'm not

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traveling for business.

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So having that card focusing on Hilton is

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pretty irrelevant, because I don't have a good

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way of earning.

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For most people.

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And I think this is a, I get

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this is a, this is like one of

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my biggest messages.

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For most people, I think these flexible currency

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cards make the most sense.

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When I say that, I mean, like you

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guys mentioned that Chase Sapphire preferred, you're not

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earning Hilton points with that card, you're not

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earning JetBlue miles or whatever they call them,

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you're earning Chase ultimate rewards points.

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Or for example, the Amex gold card, you're

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earning Amex membership rewards points or Capital One,

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you're earning Capital One venture miles.

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These are the proprietary currencies of the banks.

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And it sounds like why would I want?

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Like, what do I do with the Chase

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points that's not tied to the airline or

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hotel I want?

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Well, there's two ways to use them.

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One, there's a travel portal that looks just

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like Expedia or hotels.com or any kind

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of these any one of these third party

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agencies.

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And you can book travel through there, the

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value is okay.

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But where things get really crazy, and if

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anyone's, you know, dove into some points and

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miles blogs and YouTube videos, and you know,

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you see stuff on Instagram or whatever, or

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people like me talking about this stuff, the

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really crazy unlock is going to be having

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a bunch of bank points, like again, flexible

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bank points like that Chase card you guys

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have, or lots of people have that car

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Chase points, and then transferring them to one

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of maybe 15 to 18 different airline or

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hotel programs they have.

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And what happens sometimes not every time is

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there's this, there's this arbitrage opportunity, where the

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cash price of the product, a flight or

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hotel could be, let's say $1,000.

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But for whatever reason, the points price could

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be 20 or 30,000 points.

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So when you hear those numbers, think 200

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or 300 bucks worth of points for a

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$1,000 product.

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I'll just say this, like, there's a lot

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of that can get complicated to understand.

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But like, all you all people should know

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is that is possible.

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And people like me and my clients are

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getting deals like that every single day.

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So that's possible, then we really would not

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want to settle for, let's say, Delta SkyMiles,

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where you'll never get something like that with

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Delta SkyMiles, unless there's kind of a, I

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guess you shouldn't say never there's there's chances,

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but very rarely, with Delta, for example, you'll

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get that.

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Why?

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Because the points, Delta SkyMiles are dynamically priced.

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So as the cash price goes up, the

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points price goes up.

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We want to try and find opportunities, programs,

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things where the cash price can go all

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over the place up down, but the points

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price might stay the same.

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For example, programs that price based on distance,

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not on the cash price.

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So if we if we find stuff like

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that, there's these arbitrage opportunities where the points

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priced, I mean, the cash price can be

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way, way crazy high, like $5,000 for

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a business class flight.

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But the points price, I'm not kidding, could

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be 70,000.700 bucks worth of points

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for a $5,000 flight.

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That is 100% a real thing that

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people get.

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And I think when I realized I was

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like, Oh my gosh, this is crazy.

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So the easiest way to unlock all that

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is going to be is going to be

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to start building up flexible bank points.

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It works great.

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00:09:08,200 --> 00:09:10,180
Amex, Capital One, Chase would probably be my

272
00:09:10,180 --> 00:09:10,480
favorite.

273
00:09:10,900 --> 00:09:12,860
Citi and Wells Fargo also have programs.

274
00:09:13,220 --> 00:09:14,880
I just don't find them as compelling.

275
00:09:16,260 --> 00:09:18,320
But yeah, I mean, you can, you know,

276
00:09:18,340 --> 00:09:20,340
you can go spend hours talking about like,

277
00:09:20,600 --> 00:09:22,260
okay, which car, you know, Amex has these,

278
00:09:22,400 --> 00:09:23,840
Chase has these, which one makes more sense

279
00:09:23,840 --> 00:09:25,540
for me, you'd have to kind of, you

280
00:09:25,540 --> 00:09:28,540
know, assess what are your travel interests?

281
00:09:28,920 --> 00:09:29,840
How do you spend your money?

282
00:09:29,900 --> 00:09:31,220
Do you spend a bunch of money on

283
00:09:31,220 --> 00:09:31,860
dining?

284
00:09:32,120 --> 00:09:33,220
No, you don't spend any money on dining.

285
00:09:33,360 --> 00:09:34,920
Do you have seven kids and spend a

286
00:09:34,920 --> 00:09:36,600
bunch of money on groceries, other cards might,

287
00:09:36,600 --> 00:09:38,480
you know, make sense for different things.

288
00:09:38,720 --> 00:09:39,660
That's something to look into.

289
00:09:40,100 --> 00:09:41,280
And I can share with you guys to

290
00:09:41,280 --> 00:09:41,880
put in the show notes.

291
00:09:41,980 --> 00:09:44,280
I do have a choosing a travel credit

292
00:09:44,280 --> 00:09:46,860
card free guide that I kind of have

293
00:09:46,860 --> 00:09:49,540
seven questions to ask before choosing your next

294
00:09:49,540 --> 00:09:50,280
travel credit card.

295
00:09:50,380 --> 00:09:51,240
So hopefully that can help.

296
00:09:51,560 --> 00:09:53,140
Hopefully that answers the question there.

297
00:09:53,200 --> 00:09:55,780
It's a, there's a lot there, but it's,

298
00:09:55,800 --> 00:09:58,060
it's really hard to go wrong earning these

299
00:09:58,060 --> 00:09:59,180
flexible points.

300
00:09:59,260 --> 00:10:02,680
Cause if you're stuck with JetBlue and JetBlue

301
00:10:02,680 --> 00:10:04,840
is awesome, but like, that's all you have.

302
00:10:05,040 --> 00:10:05,920
That's not ideal.

303
00:10:06,160 --> 00:10:08,940
Chase transfers at a one-to-one ratio

304
00:10:08,940 --> 00:10:09,860
to JetBlue.

305
00:10:10,340 --> 00:10:12,640
So why would I only get JetBlue miles?

306
00:10:12,980 --> 00:10:15,400
If I could earn chase points, maybe I

307
00:10:15,400 --> 00:10:17,400
could literally be earning more points per dollar

308
00:10:17,400 --> 00:10:19,020
spent with my chase car than with JetBlue.

309
00:10:19,240 --> 00:10:20,840
And if I want to fly JetBlue, I'll

310
00:10:20,840 --> 00:10:22,620
just send it over to JetBlue, but I

311
00:10:22,620 --> 00:10:24,220
can also send those points to United.

312
00:10:24,500 --> 00:10:26,000
I can also send them to Southwest.

313
00:10:26,180 --> 00:10:27,460
I can also send them to Marriott and

314
00:10:27,460 --> 00:10:30,140
IHG and Hyatt and all these different brands.

315
00:10:30,660 --> 00:10:32,440
It's really, really nice to have those flexible

316
00:10:32,440 --> 00:10:32,840
currency.

317
00:10:34,240 --> 00:10:35,020
Very interesting.

318
00:10:35,840 --> 00:10:37,420
How do you suggest maxing?

319
00:10:37,500 --> 00:10:39,140
You talk about people having million, a million

320
00:10:39,140 --> 00:10:39,680
points.

321
00:10:39,860 --> 00:10:41,460
How do you suggest maximizing?

322
00:10:41,600 --> 00:10:43,200
I mean, I, I, I pay my credit

323
00:10:43,200 --> 00:10:45,140
cards every month, but I do, I have

324
00:10:45,140 --> 00:10:48,020
started just charging everything, you know, putting everything

325
00:10:48,020 --> 00:10:52,440
through my chase card, my groceries, my clothing,

326
00:10:52,440 --> 00:10:53,460
whatever I buy.

327
00:10:54,220 --> 00:10:57,140
So how else could I maximize my points?

328
00:10:58,280 --> 00:10:59,300
On the earning side, you're saying?

329
00:11:00,060 --> 00:11:00,480
Yes.

330
00:11:01,180 --> 00:11:01,380
Yeah.

331
00:11:01,480 --> 00:11:03,260
So there's, well, I guess I could say

332
00:11:03,260 --> 00:11:03,740
two things.

333
00:11:03,860 --> 00:11:05,860
There's the maximizing on the earning side and

334
00:11:05,860 --> 00:11:06,960
on the redemption side.

335
00:11:08,000 --> 00:11:10,980
For normal people, I'll say normal, all normal

336
00:11:10,980 --> 00:11:13,700
people, but I'd say non-normal people are

337
00:11:13,700 --> 00:11:16,060
people who spend $200,000 a month on

338
00:11:16,060 --> 00:11:17,080
their business credit card.

339
00:11:17,400 --> 00:11:18,860
I'm now trying to talk to those people.

340
00:11:18,920 --> 00:11:20,320
That's part of my business model is kind

341
00:11:20,320 --> 00:11:22,800
of going after those people, but also part

342
00:11:22,800 --> 00:11:24,580
of my business model is just helping the

343
00:11:24,580 --> 00:11:25,340
masses learn.

344
00:11:25,520 --> 00:11:27,080
And so that's, so I won't talk to

345
00:11:27,080 --> 00:11:28,640
the people who spend $200,000 a month.

346
00:11:28,800 --> 00:11:30,380
If that's you, we should talk individually.

347
00:11:31,140 --> 00:11:33,020
You're in a whole different category and world

348
00:11:33,020 --> 00:11:33,320
there.

349
00:11:34,020 --> 00:11:36,040
For a normal person, let's say you have

350
00:11:36,040 --> 00:11:38,020
a monthly credit card budget and you spend

351
00:11:38,020 --> 00:11:39,400
on the credit card, maybe four to 8

352
00:11:39,400 --> 00:11:39,940
,000 a month.

353
00:11:40,000 --> 00:11:41,640
You're just kind of a normal middle-class

354
00:11:41,640 --> 00:11:42,060
person.

355
00:11:43,040 --> 00:11:45,140
So with, with that, there's going to be

356
00:11:45,140 --> 00:11:46,680
a bunch of things you can do.

357
00:11:47,460 --> 00:11:50,720
So one, if you want to get, to

358
00:11:50,720 --> 00:11:52,300
get a little complicated, you can get a

359
00:11:52,300 --> 00:11:54,140
bunch of different credit cards for different things.

360
00:11:54,280 --> 00:11:56,880
For example, your Chase card earns three points

361
00:11:56,880 --> 00:11:57,780
per dollar on dining.

362
00:11:58,080 --> 00:11:58,300
Awesome.

363
00:11:58,840 --> 00:12:00,480
But it earns one point per dollar on

364
00:12:00,480 --> 00:12:01,600
pretty much everything else.

365
00:12:02,080 --> 00:12:03,880
So if you picked up, for example, the

366
00:12:03,880 --> 00:12:07,380
Amex gold card, that earns 4X on groceries.

367
00:12:07,980 --> 00:12:10,440
So you just seriously, you know, four times

368
00:12:10,440 --> 00:12:12,040
how much you're earning on groceries, because if

369
00:12:12,040 --> 00:12:13,840
you're spending that Chase card, you're getting one

370
00:12:13,840 --> 00:12:14,520
point per dollar.

371
00:12:15,040 --> 00:12:16,800
So you can do that game and have

372
00:12:16,800 --> 00:12:19,040
like five credit cards for the different categories

373
00:12:19,040 --> 00:12:19,600
you're spending.

374
00:12:20,120 --> 00:12:21,720
I'll say for a lot of people, that

375
00:12:21,720 --> 00:12:23,740
just becomes too much in their head and

376
00:12:23,740 --> 00:12:24,500
they don't like it.

377
00:12:24,620 --> 00:12:27,540
But if you want to hyper optimize, then

378
00:12:27,540 --> 00:12:28,700
yes, that would be a way to do

379
00:12:28,700 --> 00:12:28,860
it.

380
00:12:29,180 --> 00:12:31,100
There's other things that a lot of people

381
00:12:31,100 --> 00:12:33,400
aren't aware of inside of your bank.

382
00:12:33,480 --> 00:12:34,880
So if you log into Chase right now

383
00:12:34,880 --> 00:12:37,080
and look at your bank, there's these different

384
00:12:37,080 --> 00:12:39,020
offers in their shopping portals.

385
00:12:39,360 --> 00:12:42,100
So sometimes you'll see stuff like, excuse me,

386
00:12:42,160 --> 00:12:46,180
earn 7X points per dollar at Home Depot.

387
00:12:47,040 --> 00:12:49,260
And it just shows up in the shopping

388
00:12:49,260 --> 00:12:49,560
portal.

389
00:12:49,680 --> 00:12:50,760
And you guys are about to go buy

390
00:12:50,760 --> 00:12:52,480
a new fridge and dishwasher for your kitchen.

391
00:12:52,860 --> 00:12:54,560
So instead of earning one point per dollar,

392
00:12:54,660 --> 00:12:58,600
because you activated the shopping portal code or

393
00:12:58,600 --> 00:13:01,120
whatever it is, you might earn seven points

394
00:13:01,120 --> 00:13:03,840
per dollar on those $2,000 or maybe

395
00:13:03,840 --> 00:13:04,120
more.

396
00:13:04,260 --> 00:13:05,640
I don't even know how much fridge and

397
00:13:05,640 --> 00:13:08,200
dishwasher costs, but you might earn more, like

398
00:13:08,200 --> 00:13:11,360
seven times more points by using those shopping

399
00:13:11,360 --> 00:13:11,720
portals.

400
00:13:11,800 --> 00:13:12,800
So that's really popular.

401
00:13:13,560 --> 00:13:16,460
Rakuten is a very, very popular shopping portal

402
00:13:16,460 --> 00:13:19,480
that actually allows you to earn Amex points

403
00:13:19,480 --> 00:13:20,900
instead of cash back.

404
00:13:21,060 --> 00:13:22,080
It doesn't work with Chase or any of

405
00:13:22,080 --> 00:13:24,280
the other banks, but Rakuten, if you want

406
00:13:24,280 --> 00:13:26,960
to Google something, look up earning Amex points

407
00:13:26,960 --> 00:13:27,600
with Rakuten.

408
00:13:27,840 --> 00:13:29,340
There's a whole world there that you can

409
00:13:29,340 --> 00:13:32,580
earn a ton of points because you basically

410
00:13:32,580 --> 00:13:35,160
just get these spending multipliers on stuff you're

411
00:13:35,160 --> 00:13:38,040
already buying, like your new dishwasher or whatever.

412
00:13:38,780 --> 00:13:39,780
So there's a lot there.

413
00:13:40,160 --> 00:13:42,400
Another great thing to earn more points would

414
00:13:42,400 --> 00:13:43,260
be referrals.

415
00:13:43,820 --> 00:13:46,440
So Chase lets you earn about, I think

416
00:13:46,440 --> 00:13:48,960
100,000 points per year in referral bonuses

417
00:13:48,960 --> 00:13:50,060
to your friends and family.

418
00:13:50,180 --> 00:13:51,760
So if you are taking cool trips, it's

419
00:13:51,760 --> 00:13:53,020
really easy to say, hey, you guys, you

420
00:13:53,020 --> 00:13:55,380
should get this card like me and do

421
00:13:55,380 --> 00:13:55,580
this.

422
00:13:55,720 --> 00:13:57,660
And so I've earned a lot of points

423
00:13:57,660 --> 00:13:58,220
that way.

424
00:13:58,220 --> 00:14:00,020
But I'll say for a lot of people,

425
00:14:00,280 --> 00:14:02,700
if you're just a normal person spending, I'll

426
00:14:02,700 --> 00:14:07,060
just say $70,000 a year, there is

427
00:14:07,060 --> 00:14:07,420
a limit.

428
00:14:07,540 --> 00:14:08,320
It's not you can earn.

429
00:14:08,720 --> 00:14:10,080
You can't earn a million points a year

430
00:14:10,080 --> 00:14:10,540
doing that.

431
00:14:10,780 --> 00:14:12,640
I'm not going to sugar coat it and

432
00:14:12,640 --> 00:14:13,140
say you can.

433
00:14:13,760 --> 00:14:16,880
So where the real magic comes is on

434
00:14:16,880 --> 00:14:19,100
the redemption side, not the earning side.

435
00:14:19,900 --> 00:14:21,280
By redemption side, I mean, how do I

436
00:14:21,280 --> 00:14:22,000
use these points?

437
00:14:22,200 --> 00:14:23,720
Most of the time, your points have a

438
00:14:23,720 --> 00:14:26,000
fixed value of one penny, one cent per

439
00:14:26,000 --> 00:14:26,240
point.

440
00:14:26,240 --> 00:14:28,760
So if you earn 100,000 points a

441
00:14:28,760 --> 00:14:29,860
year, awesome.

442
00:14:30,060 --> 00:14:31,340
That's $1,000 in travel.

443
00:14:31,640 --> 00:14:31,840
Great.

444
00:14:32,180 --> 00:14:35,040
There are ways, though, to get $5,000

445
00:14:35,040 --> 00:14:37,340
in travel from those 100,000 points.

446
00:14:37,980 --> 00:14:39,440
Most people are not getting that.

447
00:14:39,860 --> 00:14:42,800
So that's really the gap between you doing

448
00:14:42,800 --> 00:14:44,700
that is simply a little bit of education.

449
00:14:45,400 --> 00:14:46,700
And that's really what I try to help

450
00:14:46,700 --> 00:14:47,140
people with.

451
00:14:47,280 --> 00:14:49,660
And so what it is, is understanding how

452
00:14:49,660 --> 00:14:52,560
to transfer points to partners and finding these

453
00:14:52,560 --> 00:14:56,040
deals where you might get $5,000 worth

454
00:14:56,040 --> 00:14:58,360
of travel from 100,000 points.

455
00:14:58,840 --> 00:15:01,640
Again, most people are getting $1,000 of

456
00:15:01,640 --> 00:15:03,260
travel from 100,000 points.

457
00:15:03,800 --> 00:15:04,520
That's the potential.

458
00:15:05,060 --> 00:15:06,260
And it's out there.

459
00:15:06,420 --> 00:15:08,220
So just to give you one practical example,

460
00:15:08,380 --> 00:15:10,260
so people's heads aren't spending too much.

461
00:15:10,720 --> 00:15:13,700
I just went to the Hyatt Regency Coconut

462
00:15:13,700 --> 00:15:14,160
Point.

463
00:15:14,340 --> 00:15:17,140
It's a really beautiful hotel right outside of

464
00:15:17,140 --> 00:15:18,360
in Bonita Springs, Florida.

465
00:15:18,520 --> 00:15:19,960
It's not on the beach, but they've got

466
00:15:19,960 --> 00:15:21,380
a little private boat that takes you there,

467
00:15:21,460 --> 00:15:22,280
which is kind of awesome.

468
00:15:23,460 --> 00:15:25,840
So that hotel, because it was spring break,

469
00:15:25,840 --> 00:15:27,120
I just got back like two weeks ago,

470
00:15:27,640 --> 00:15:30,740
was priced at $1,200 per night.

471
00:15:31,800 --> 00:15:32,560
Very expensive.

472
00:15:32,680 --> 00:15:34,120
Is that actually worth that much money?

473
00:15:34,220 --> 00:15:34,540
I don't know.

474
00:15:34,620 --> 00:15:35,840
People were paying it because it was sold

475
00:15:35,840 --> 00:15:36,080
out.

476
00:15:36,580 --> 00:15:37,800
So it's priced really high.

477
00:15:37,980 --> 00:15:40,160
I think typically it's priced more like $700,

478
00:15:40,560 --> 00:15:41,040
$900, $600.

479
00:15:41,940 --> 00:15:44,360
Anyway, but whatever the case, very nice hotel.

480
00:15:44,560 --> 00:15:46,620
I can't afford $700 a night anyway.

481
00:15:47,020 --> 00:15:47,740
A lot of people cannot.

482
00:15:48,840 --> 00:15:51,800
The points price with World of Hyatt for

483
00:15:51,800 --> 00:15:55,480
that $1,200 a night hotel was 21

484
00:15:55,480 --> 00:15:56,920
,000 points per night.

485
00:15:57,260 --> 00:15:57,360
Okay?

486
00:15:57,800 --> 00:15:59,580
So when you hear that number, think $210

487
00:15:59,580 --> 00:16:02,300
worth of points for a $1,200 night

488
00:16:02,300 --> 00:16:02,680
hotel.

489
00:16:03,000 --> 00:16:05,440
So if you stay five nights there, the

490
00:16:05,440 --> 00:16:06,740
math is really, really good.

491
00:16:06,960 --> 00:16:07,940
That's the spread.

492
00:16:08,060 --> 00:16:09,560
That's the arbitrage we're looking for.

493
00:16:09,900 --> 00:16:11,660
That was a little bit of an outlandish

494
00:16:11,660 --> 00:16:13,360
example, but it's one I've booked.

495
00:16:13,460 --> 00:16:14,140
I've got receipts.

496
00:16:14,280 --> 00:16:16,540
I've posted multiple things, like showing my exact

497
00:16:16,540 --> 00:16:17,200
receipts of this.

498
00:16:17,200 --> 00:16:18,140
It's a hundred percent real.

499
00:16:18,300 --> 00:16:20,020
I know people doing stuff like this and

500
00:16:20,020 --> 00:16:21,880
more every day.

501
00:16:23,000 --> 00:16:23,900
And so that's what we want.

502
00:16:24,060 --> 00:16:24,300
Okay.

503
00:16:24,360 --> 00:16:25,520
The question to a lot of people is,

504
00:16:25,680 --> 00:16:26,920
well, how did you earn World of Hyatt

505
00:16:26,920 --> 00:16:27,280
points?

506
00:16:27,480 --> 00:16:28,320
Do I have to have the World of

507
00:16:28,320 --> 00:16:28,960
Hyatt credit card?

508
00:16:29,420 --> 00:16:30,240
No, no, no, no.

509
00:16:30,620 --> 00:16:33,580
I have Chase points and Chase transfers in

510
00:16:33,580 --> 00:16:35,680
a one-to-one ratio to World of

511
00:16:35,680 --> 00:16:35,920
Hyatt.

512
00:16:36,320 --> 00:16:37,500
So had I tried to book that to

513
00:16:37,500 --> 00:16:41,060
the Chase travel portal, because it's $1,200

514
00:16:41,060 --> 00:16:43,220
a night, it would be a hundred thousand

515
00:16:43,220 --> 00:16:44,000
points per night.

516
00:16:44,500 --> 00:16:46,720
But I transferred the points over to World

517
00:16:46,720 --> 00:16:47,160
of Hyatt.

518
00:16:47,760 --> 00:16:49,460
And World of Hyatt just has a really,

519
00:16:49,560 --> 00:16:50,540
really good program.

520
00:16:51,280 --> 00:16:52,440
There are many good programs.

521
00:16:52,520 --> 00:16:53,640
World of Hyatt's one of my favorite.

522
00:16:54,180 --> 00:16:56,120
And they just happened for that night to

523
00:16:56,120 --> 00:16:58,520
be charging 21,000 points per night.

524
00:16:58,780 --> 00:17:00,440
So that's what the potential is.

525
00:17:00,540 --> 00:17:03,900
And that's where for the normal people, the

526
00:17:03,900 --> 00:17:05,359
money's going to be made on the redemption.

527
00:17:06,339 --> 00:17:09,480
The earning has diminishing returns because it takes

528
00:17:09,480 --> 00:17:10,780
a lot of time and it's confusing and

529
00:17:10,780 --> 00:17:11,200
it's annoying.

530
00:17:11,599 --> 00:17:14,960
You can optimize, but for most people, they're

531
00:17:14,960 --> 00:17:19,359
going to win easier on the redemption side.

532
00:17:19,480 --> 00:17:20,119
Hope that makes sense.

533
00:17:20,740 --> 00:17:20,840
Yeah.

534
00:17:20,980 --> 00:17:21,220
Yeah.

535
00:17:21,220 --> 00:17:21,760
Very interesting.

536
00:17:22,300 --> 00:17:24,460
So for my Hilton card, every once in

537
00:17:24,460 --> 00:17:26,500
a while, I get an offer to buy

538
00:17:26,500 --> 00:17:27,140
points.

539
00:17:27,380 --> 00:17:27,800
Oh yeah.

540
00:17:28,260 --> 00:17:29,540
Is that worth doing?

541
00:17:30,260 --> 00:17:31,280
That's a great question.

542
00:17:31,360 --> 00:17:32,200
That's super common.

543
00:17:33,480 --> 00:17:33,600
Yeah.

544
00:17:33,700 --> 00:17:35,460
The thing I tell, always tell people is

545
00:17:35,460 --> 00:17:38,640
you would only want to buy points when

546
00:17:38,640 --> 00:17:41,260
you have a redemption in mind and you

547
00:17:41,260 --> 00:17:42,300
can make a spread.

548
00:17:43,060 --> 00:17:44,180
So it's all about the math.

549
00:17:44,360 --> 00:17:45,760
So I mentioned cents per point.

550
00:17:45,980 --> 00:17:47,740
If anyone is confused about that, go ahead

551
00:17:47,740 --> 00:17:49,940
and Google right now as you're listening, cents

552
00:17:49,940 --> 00:17:51,120
per point calculator.

553
00:17:51,460 --> 00:17:53,780
What that is, there's all these online calculators.

554
00:17:54,060 --> 00:17:55,540
It's a way to measure the value of

555
00:17:55,540 --> 00:17:55,820
your points.

556
00:17:55,920 --> 00:17:59,580
So if I spend a hundred thousand points

557
00:17:59,580 --> 00:18:03,160
on a $1,000 flight, I'm getting one

558
00:18:03,160 --> 00:18:03,840
cent per point.

559
00:18:03,940 --> 00:18:04,880
Hopefully that makes sense.

560
00:18:05,200 --> 00:18:07,960
If I spend 50,000 points on a

561
00:18:07,960 --> 00:18:10,480
$1,000 flight, I'm getting two cents per

562
00:18:10,480 --> 00:18:10,960
point.

563
00:18:11,120 --> 00:18:12,820
That's what we want is two cents or

564
00:18:12,820 --> 00:18:13,560
better or something like that.

565
00:18:13,700 --> 00:18:15,920
So let's say for Hilton, Hilton is running

566
00:18:15,920 --> 00:18:17,160
a promotion right now.

567
00:18:17,780 --> 00:18:21,060
You can buy points for about 0.5

568
00:18:21,060 --> 00:18:22,040
cents per point.

569
00:18:23,040 --> 00:18:24,000
It's not exactly that.

570
00:18:24,080 --> 00:18:24,760
I think it's about that.

571
00:18:25,400 --> 00:18:25,920
So that's awesome.

572
00:18:26,000 --> 00:18:27,500
So you're buying at 0.5 cents per

573
00:18:27,500 --> 00:18:27,700
point.

574
00:18:28,060 --> 00:18:29,520
So the question is, is you get that

575
00:18:29,520 --> 00:18:30,700
email, should I buy points?

576
00:18:31,220 --> 00:18:34,260
Well, can I redeem my points for more

577
00:18:34,260 --> 00:18:34,640
than that?

578
00:18:34,720 --> 00:18:36,800
If I can't, then it would be crazy

579
00:18:36,800 --> 00:18:38,540
to buy points because I could just pay

580
00:18:38,540 --> 00:18:40,640
cash and get a better deal.

581
00:18:41,260 --> 00:18:43,120
But here's an example, Los Cabos.

582
00:18:43,320 --> 00:18:46,080
So the Waldorf Astoria Los Cabos, they say

583
00:18:46,080 --> 00:18:47,440
it's one of the best resorts in Mexico.

584
00:18:47,620 --> 00:18:48,680
I haven't personally been.

585
00:18:49,060 --> 00:18:50,160
I know a ton of people who have.

586
00:18:50,780 --> 00:18:52,340
A cool thing about that resort is every

587
00:18:52,340 --> 00:18:54,720
single room, even the standard rooms have like

588
00:18:54,720 --> 00:18:56,240
a plunge pool, like one of those little

589
00:18:56,240 --> 00:18:57,340
private pools in your room.

590
00:18:57,880 --> 00:18:59,340
So this is a very expensive place.

591
00:19:00,120 --> 00:19:03,680
You can easily though get about 1.5

592
00:19:03,680 --> 00:19:05,940
cents per point from your Hilton points at

593
00:19:05,940 --> 00:19:06,440
that hotel.

594
00:19:07,320 --> 00:19:09,540
So if that's the case and I got

595
00:19:09,540 --> 00:19:11,800
one tab that has buy points for 0

596
00:19:11,800 --> 00:19:13,820
.5 cents per point on my computer, the

597
00:19:13,820 --> 00:19:15,980
other tab, it's the Waldorf Astoria Los Cabos

598
00:19:15,980 --> 00:19:18,240
where I can do the math and clearly

599
00:19:18,240 --> 00:19:21,080
see I'd be getting 1.5 cents per

600
00:19:21,080 --> 00:19:21,420
point.

601
00:19:21,540 --> 00:19:22,560
It's a no brainer.

602
00:19:22,700 --> 00:19:24,780
Of course, you should buy points and then

603
00:19:24,780 --> 00:19:28,460
use them at that hotel because that math

604
00:19:28,460 --> 00:19:29,480
is really, really good.

605
00:19:29,700 --> 00:19:30,900
There's a huge gap there.

606
00:19:31,600 --> 00:19:33,480
Other times though, you might buy points at

607
00:19:33,480 --> 00:19:35,160
0.5 cents per point and then redeem

608
00:19:35,160 --> 00:19:38,200
them for, I don't know, the Hilton Garden

609
00:19:38,200 --> 00:19:41,260
Inn in Boston or whatever for 0.6

610
00:19:41,260 --> 00:19:41,900
cents per point.

611
00:19:42,040 --> 00:19:44,340
That's not that good.

612
00:19:44,460 --> 00:19:45,740
You're not getting a spread.

613
00:19:46,320 --> 00:19:48,640
So it's not really worth you spending that

614
00:19:48,640 --> 00:19:48,900
money.

615
00:19:49,000 --> 00:19:50,320
And I'd probably just pay cash for the

616
00:19:50,320 --> 00:19:50,660
hotel.

617
00:19:51,460 --> 00:19:51,820
So yeah.

618
00:19:52,020 --> 00:19:54,500
So the key there is only buy points

619
00:19:54,500 --> 00:19:55,700
with a redemption in mind.

620
00:19:55,960 --> 00:19:57,740
You should have the redemption pulled up on

621
00:19:57,740 --> 00:19:59,400
a tab, like looking at it, doing the

622
00:19:59,400 --> 00:20:01,520
math, making sure the math all works because

623
00:20:01,520 --> 00:20:03,560
otherwise you're probably making a mistake buying points

624
00:20:03,560 --> 00:20:05,020
and you're just giving them too much money.

625
00:20:05,880 --> 00:20:07,380
And that's probably more common.

626
00:20:07,740 --> 00:20:09,360
When they send that offer along, it's like,

627
00:20:09,460 --> 00:20:10,220
should I be doing that?

628
00:20:10,680 --> 00:20:10,900
Yeah.

629
00:20:11,180 --> 00:20:11,340
Yeah.

630
00:20:11,380 --> 00:20:12,780
And I think there is a limit on

631
00:20:12,780 --> 00:20:13,720
how many you can buy a year.

632
00:20:13,780 --> 00:20:14,920
I actually can't remember off the top of

633
00:20:14,920 --> 00:20:16,480
my head, but that's something else to keep

634
00:20:16,480 --> 00:20:16,780
in mind.

635
00:20:16,860 --> 00:20:18,700
You can't just buy 10 million points or

636
00:20:18,700 --> 00:20:20,960
something if you have the money for that.

637
00:20:21,460 --> 00:20:22,700
So there are limits.

638
00:20:24,400 --> 00:20:26,060
What about, I have a quick question.

639
00:20:26,160 --> 00:20:28,660
What about tracking the different points that you

640
00:20:28,660 --> 00:20:28,820
get?

641
00:20:28,940 --> 00:20:30,480
I don't get a lot of points from

642
00:20:30,480 --> 00:20:32,640
all the different airlines I have memberships with

643
00:20:32,640 --> 00:20:35,840
or even hotels, but do you, like, I

644
00:20:35,840 --> 00:20:37,720
assume if you have multiple credit cards, it's

645
00:20:37,720 --> 00:20:39,420
like a lot to track everything and what

646
00:20:39,420 --> 00:20:40,080
do I exchange?

647
00:20:40,280 --> 00:20:41,260
How do I manage that?

648
00:20:41,440 --> 00:20:43,320
Do you have any tools that you use

649
00:20:43,320 --> 00:20:45,720
to keep track or you kind of keep

650
00:20:45,720 --> 00:20:48,000
it streamlined on one or two credit cards?

651
00:20:49,040 --> 00:20:51,520
Yeah, I try and keep my stuff pretty

652
00:20:51,520 --> 00:20:51,920
simple.

653
00:20:52,260 --> 00:20:53,620
But yeah, I know there are people out

654
00:20:53,620 --> 00:20:55,220
there, other people kind of like me who

655
00:20:55,220 --> 00:20:58,720
sell and or share like free tracking, like

656
00:20:58,720 --> 00:20:59,340
Excel sheets.

657
00:21:00,260 --> 00:21:02,200
Honestly, for me, I've just kept it kind

658
00:21:02,200 --> 00:21:03,400
of on in my head and in my

659
00:21:03,400 --> 00:21:04,060
different accounts.

660
00:21:04,420 --> 00:21:05,400
I keep things pretty simple.

661
00:21:05,500 --> 00:21:08,360
I focus on Chase Points, Capital One Miles

662
00:21:08,360 --> 00:21:09,500
and American Airlines.

663
00:21:09,760 --> 00:21:10,860
I could explain that more if you guys

664
00:21:10,860 --> 00:21:13,220
wanted to, but I always know exactly how

665
00:21:13,220 --> 00:21:14,540
many I have because I also think about

666
00:21:14,540 --> 00:21:15,120
this every day.

667
00:21:15,300 --> 00:21:16,500
So I know I have it all in

668
00:21:16,500 --> 00:21:17,760
my head and I don't have that many

669
00:21:17,760 --> 00:21:18,360
credit cards.

670
00:21:18,940 --> 00:21:20,340
But for a lot of people, it would

671
00:21:20,340 --> 00:21:21,040
make a lot of sense.

672
00:21:21,160 --> 00:21:23,400
If you're above maybe four credit cards and

673
00:21:23,400 --> 00:21:25,480
you're starting to make this your hobby, get

674
00:21:25,480 --> 00:21:26,380
more complex here.

675
00:21:26,660 --> 00:21:28,100
Yes, you should have a spreadsheet.

676
00:21:28,300 --> 00:21:29,480
In fact, I should really do this.

677
00:21:30,000 --> 00:21:31,860
You should have a spreadsheet, you know, Google

678
00:21:31,860 --> 00:21:32,880
Sheets, keep it simple.

679
00:21:32,980 --> 00:21:35,240
It's just like what card, how many points,

680
00:21:35,460 --> 00:21:37,140
you know, when is the monthly payment due?

681
00:21:37,280 --> 00:21:39,080
You should have it on auto pay, but

682
00:21:39,080 --> 00:21:39,860
just to make sure.

683
00:21:39,860 --> 00:21:41,460
What's the annual fee?

684
00:21:41,540 --> 00:21:42,020
All of that.

685
00:21:42,320 --> 00:21:43,200
There are services.

686
00:21:43,600 --> 00:21:46,800
There's a website called Award Wallet, and it

687
00:21:46,800 --> 00:21:48,600
actually tracks all of that for you.

688
00:21:49,260 --> 00:21:50,520
But I have to say I'm a little

689
00:21:50,520 --> 00:21:51,540
disappointed with software.

690
00:21:51,720 --> 00:21:54,000
It doesn't work with every card super well,

691
00:21:54,020 --> 00:21:55,200
and I saw some glitches.

692
00:21:55,940 --> 00:21:58,660
So I actually stopped using that, but there

693
00:21:58,660 --> 00:22:02,080
are services out there or different websites that

694
00:22:02,080 --> 00:22:03,420
kind of track it for you.

695
00:22:03,520 --> 00:22:07,920
And then remembering kind of, maybe this is

696
00:22:07,920 --> 00:22:08,540
a separate question.

697
00:22:08,600 --> 00:22:10,300
I thought you asked this, but like how

698
00:22:10,300 --> 00:22:11,320
do you use those points?

699
00:22:11,920 --> 00:22:13,400
What are the best deals with them?

700
00:22:13,860 --> 00:22:15,560
There's really not a great way to necessarily

701
00:22:15,560 --> 00:22:17,040
write that down or track, and it's more

702
00:22:17,040 --> 00:22:19,340
just the knowledge and education of, okay, chase

703
00:22:19,340 --> 00:22:20,760
points go to Hyatt.

704
00:22:20,940 --> 00:22:21,860
That's a really good deal.

705
00:22:21,940 --> 00:22:23,020
I should look at Hyatt stuff.

706
00:22:23,840 --> 00:22:25,820
American Airlines has great deals to get to

707
00:22:25,820 --> 00:22:26,220
the Caribbean.

708
00:22:27,100 --> 00:22:28,280
You know, I can remember that.

709
00:22:28,940 --> 00:22:31,720
You know, there's not necessarily a resource that

710
00:22:31,720 --> 00:22:33,180
has all of that written down in one

711
00:22:33,180 --> 00:22:35,620
place because there's just so much information.

712
00:22:36,340 --> 00:22:38,520
But really, you know, if you Google just

713
00:22:38,520 --> 00:22:41,240
best uses of chase points or best uses

714
00:22:41,240 --> 00:22:43,080
of American Airlines miles, there are a ton

715
00:22:43,080 --> 00:22:43,580
of blogs.

716
00:22:43,720 --> 00:22:45,060
There's so many things right there that can

717
00:22:45,060 --> 00:22:47,400
jumpstart you on, okay, here's the points I

718
00:22:47,400 --> 00:22:47,640
have.

719
00:22:47,780 --> 00:22:49,560
What are even good uses of them?

720
00:22:50,040 --> 00:22:51,560
So I hope that kind of answers your

721
00:22:51,560 --> 00:22:51,920
question.

722
00:22:52,540 --> 00:22:53,120
Yeah, definitely.

723
00:22:53,280 --> 00:22:53,580
Thank you.

724
00:22:53,860 --> 00:22:55,820
And I think it kind of speaks to

725
00:22:55,820 --> 00:22:57,760
one of the concerns that as a financial

726
00:22:57,760 --> 00:23:00,060
planner I have is that we don't necessarily

727
00:23:00,060 --> 00:23:02,400
want to encourage people to have all these

728
00:23:02,400 --> 00:23:07,820
multitude of credit cards that sometimes can create

729
00:23:07,820 --> 00:23:10,440
debt, you know, create a challenge.

730
00:23:10,560 --> 00:23:12,240
And as you were talking about that, the

731
00:23:12,240 --> 00:23:14,500
difficulties of, you know, keep a track of

732
00:23:14,500 --> 00:23:16,820
when ones do, and then if you don't

733
00:23:16,820 --> 00:23:18,980
pay it on time, your interest rate changes,

734
00:23:18,980 --> 00:23:20,980
and it can really create some challenges.

735
00:23:21,360 --> 00:23:23,260
So would you elaborate on why you picked

736
00:23:23,260 --> 00:23:25,320
those cards that you mentioned?

737
00:23:25,420 --> 00:23:28,100
You said we wanted to elaborate on why

738
00:23:28,100 --> 00:23:30,180
American Airlines or whatever it was, I'd be

739
00:23:30,180 --> 00:23:30,660
interested to hear.

740
00:23:31,480 --> 00:23:33,720
Yeah, I live in Fort Wayne, Indiana, which

741
00:23:33,720 --> 00:23:35,140
is kind of a, I wish I lived

742
00:23:35,140 --> 00:23:36,520
in like New York City and had access

743
00:23:36,520 --> 00:23:37,900
to those airports, but I also don't want

744
00:23:37,900 --> 00:23:38,600
to live in New York City.

745
00:23:40,200 --> 00:23:41,080
It's a give and take.

746
00:23:41,440 --> 00:23:42,760
But so I'm kind of, you know, I

747
00:23:42,760 --> 00:23:44,600
can drive to Chicago, I can drive to

748
00:23:44,600 --> 00:23:44,980
Detroit.

749
00:23:45,520 --> 00:23:47,120
But as I looked at my travel, so

750
00:23:47,120 --> 00:23:47,720
this is what I did.

751
00:23:47,740 --> 00:23:48,920
And this is what I help clients do.

752
00:23:49,100 --> 00:23:50,580
I looked at my travel interests.

753
00:23:51,160 --> 00:23:53,000
And I look at my spending and I

754
00:23:53,000 --> 00:23:53,820
see what makes sense.

755
00:23:53,920 --> 00:23:56,260
So my travel interests are Europe and the

756
00:23:56,260 --> 00:23:58,820
Caribbean, and maybe some cool domestic stuff.

757
00:23:59,140 --> 00:24:00,520
I'm not trying to be fancy, I've got

758
00:24:00,520 --> 00:24:02,280
two little kids, I just I'm not going

759
00:24:02,280 --> 00:24:03,600
to go to Asia, it's too far.

760
00:24:03,980 --> 00:24:05,940
South America, I just don't know very much

761
00:24:05,940 --> 00:24:08,000
about and don't I know it's not super

762
00:24:08,000 --> 00:24:10,280
comfortable, because I just don't know much about

763
00:24:10,280 --> 00:24:10,540
it.

764
00:24:10,580 --> 00:24:11,420
So like, those are my things.

765
00:24:11,420 --> 00:24:12,340
I want to go to the Caribbean, I

766
00:24:12,340 --> 00:24:12,940
want to go to Europe.

767
00:24:13,100 --> 00:24:14,860
So I optimize for that completely.

768
00:24:15,560 --> 00:24:17,880
Specifically, I want to take premium cabin flights,

769
00:24:17,960 --> 00:24:20,320
so either premium economy or business class to

770
00:24:20,320 --> 00:24:21,440
Europe, because it's a long way.

771
00:24:22,040 --> 00:24:23,720
So when I look at that, and I

772
00:24:23,720 --> 00:24:25,660
say, Okay, what do I want the best?

773
00:24:26,400 --> 00:24:28,540
You know, how can I earn as many

774
00:24:28,540 --> 00:24:30,160
points as possible, it's going to get me

775
00:24:30,160 --> 00:24:30,900
to those places.

776
00:24:31,980 --> 00:24:34,240
So I've got three strategies.

777
00:24:34,480 --> 00:24:36,060
Capital One is what I put all my

778
00:24:36,060 --> 00:24:37,220
personal spending on.

779
00:24:37,360 --> 00:24:37,540
Why?

780
00:24:37,900 --> 00:24:39,920
Because it's the only points and miles card

781
00:24:39,920 --> 00:24:41,680
out there that earns two points per dollar

782
00:24:41,680 --> 00:24:42,760
on every single purchase.

783
00:24:43,140 --> 00:24:45,700
It's got all the transfer partners I need

784
00:24:45,700 --> 00:24:47,600
to get really good deals to Europe.

785
00:24:48,240 --> 00:24:51,060
Specifically, I'm not that far from Detroit, there's

786
00:24:51,060 --> 00:24:54,360
a direct flight on Air France from Detroit

787
00:24:54,360 --> 00:24:56,060
to Paris that you can connect anywhere else

788
00:24:56,060 --> 00:24:58,320
in Europe, you can get that for about

789
00:24:58,320 --> 00:25:01,800
80,000 points round trip, excuse me, yeah,

790
00:25:01,900 --> 00:25:03,820
80 to 90,000 points round trip and

791
00:25:03,820 --> 00:25:06,160
premium economy, that can easily be, you know,

792
00:25:06,180 --> 00:25:07,340
a $3,000 flight.

793
00:25:07,780 --> 00:25:09,920
So that's a good deal for premium economy,

794
00:25:09,920 --> 00:25:12,860
which is like larger recliner seats, not first

795
00:25:12,860 --> 00:25:13,520
class beds.

796
00:25:14,200 --> 00:25:15,720
And so that's what I'm optimizing, I'm spending

797
00:25:15,720 --> 00:25:17,840
capital one mile just I just just to

798
00:25:17,840 --> 00:25:19,260
get premium cabin flights to Europe.

799
00:25:19,540 --> 00:25:23,340
Then I'm earning chase points to for Hyatt

800
00:25:23,340 --> 00:25:24,920
hotels, I can use chase points for other

801
00:25:24,920 --> 00:25:25,240
stuff.

802
00:25:25,640 --> 00:25:28,280
But I find Hyatt so compelling, that that's

803
00:25:28,280 --> 00:25:29,740
really all I use chase points for.

804
00:25:29,960 --> 00:25:32,100
I'm not spending any money though, on chase

805
00:25:32,100 --> 00:25:32,400
cards.

806
00:25:32,600 --> 00:25:32,880
Oh, go ahead.

807
00:25:33,180 --> 00:25:33,940
Yeah, I was gonna say, what do you

808
00:25:33,940 --> 00:25:34,640
spend on that?

809
00:25:34,680 --> 00:25:36,880
Because you said you put everything personal expenses

810
00:25:36,880 --> 00:25:37,420
to the other.

811
00:25:37,540 --> 00:25:39,880
So with chase, my example is not the

812
00:25:39,880 --> 00:25:41,140
most relatable to people.

813
00:25:41,520 --> 00:25:44,180
But I've got 17,000 followers on LinkedIn,

814
00:25:44,260 --> 00:25:45,540
and I have a lot of people reach

815
00:25:45,540 --> 00:25:45,840
out.

816
00:25:46,140 --> 00:25:48,380
So I send people my referral links.

817
00:25:48,660 --> 00:25:50,900
So I've got a chase business card for

818
00:25:50,900 --> 00:25:53,140
me, a personal card for me, a chase

819
00:25:53,140 --> 00:25:54,480
business card for my wife.

820
00:25:55,080 --> 00:25:56,980
So with those I have the potential to

821
00:25:56,980 --> 00:26:00,680
earn three to 400,000 referral bonuses, and

822
00:26:00,680 --> 00:26:02,320
referral points per year.

823
00:26:02,580 --> 00:26:04,620
And I certainly have already like I earned

824
00:26:04,620 --> 00:26:06,520
200,000 points in the last two months

825
00:26:06,520 --> 00:26:08,460
doing that because again, I have an audience.

826
00:26:08,740 --> 00:26:10,260
Does everyone else have an audience on LinkedIn

827
00:26:10,260 --> 00:26:11,660
that they can get a bunch of referral

828
00:26:11,660 --> 00:26:12,080
links to?

829
00:26:12,360 --> 00:26:12,460
No.

830
00:26:12,680 --> 00:26:14,000
So that's an unrelatable thing.

831
00:26:14,440 --> 00:26:16,500
But I would say another thing people can

832
00:26:16,500 --> 00:26:19,000
do, and I would never, I would never

833
00:26:19,000 --> 00:26:22,000
publicly super advocate for credit card churning.

834
00:26:22,420 --> 00:26:24,260
But there is a healthy level of kind

835
00:26:24,260 --> 00:26:25,820
of, if you want to do this, if

836
00:26:25,820 --> 00:26:27,040
you want to make it your hobby, if

837
00:26:27,040 --> 00:26:28,240
you're going to be responsible, if you're going

838
00:26:28,240 --> 00:26:29,960
to pay it off weekly, if you're going

839
00:26:29,960 --> 00:26:32,580
to track it well, you can very easily

840
00:26:32,580 --> 00:26:35,720
get one, you know, one new chase business

841
00:26:35,720 --> 00:26:38,060
or personal card a year and earn a

842
00:26:38,060 --> 00:26:40,020
lot of points, like 90,000 points from

843
00:26:40,020 --> 00:26:41,280
an intro bonus doing that.

844
00:26:41,820 --> 00:26:43,360
Again, that's not for most people.

845
00:26:43,780 --> 00:26:44,840
If you want to make it your hobby,

846
00:26:44,880 --> 00:26:46,380
if you want to be responsible, there are

847
00:26:46,380 --> 00:26:47,900
lots of people who do that.

848
00:26:48,260 --> 00:26:49,900
I would call it maybe light credit card

849
00:26:49,900 --> 00:26:52,960
churning, which is totally allowed, totally good with

850
00:26:52,960 --> 00:26:55,080
the banks, because again, one new credit card

851
00:26:55,080 --> 00:26:56,260
a year is good with the banks.

852
00:26:56,520 --> 00:26:58,400
Getting nine credit cards a year, which certain

853
00:26:58,400 --> 00:27:00,500
people do, is not cool with the banks,

854
00:27:00,560 --> 00:27:02,900
and people are finding ways to go around

855
00:27:02,900 --> 00:27:04,160
them and be savvy.

856
00:27:04,280 --> 00:27:05,340
I do not recommend it.

857
00:27:05,360 --> 00:27:06,680
Now there's got to be some consequence on

858
00:27:06,680 --> 00:27:07,160
your credit.

859
00:27:07,380 --> 00:27:09,900
You probably have some annual fees to be

860
00:27:09,900 --> 00:27:10,380
thinking about.

861
00:27:10,520 --> 00:27:12,140
There's some things to figure out.

862
00:27:12,480 --> 00:27:13,300
It gets very wild.

863
00:27:13,460 --> 00:27:14,760
So if you just do about one per

864
00:27:14,760 --> 00:27:16,760
year, I find that to be very manageable,

865
00:27:16,940 --> 00:27:19,660
very reasonable, and it's not a big deal.

866
00:27:19,740 --> 00:27:21,980
Again, for me, this is something I've spent

867
00:27:21,980 --> 00:27:22,500
time on.

868
00:27:23,080 --> 00:27:25,080
But yes, that's my strategy though, is earn

869
00:27:25,080 --> 00:27:27,300
chase points any way I can for Hyatt

870
00:27:27,300 --> 00:27:29,660
Hotels, earn Capital One miles to get these

871
00:27:29,660 --> 00:27:32,260
great deals, premium cabin flights to Europe, and

872
00:27:32,260 --> 00:27:34,840
then earn American Airlines miles, because they have

873
00:27:34,840 --> 00:27:38,540
by far the best pricing to get from

874
00:27:38,540 --> 00:27:41,260
specifically the Midwest, but really anywhere in America

875
00:27:41,260 --> 00:27:42,620
to the Caribbean.

876
00:27:43,740 --> 00:27:45,180
Actually, the Northeast has some good deals to

877
00:27:45,180 --> 00:27:46,980
the Caribbean, so if you're there, but for

878
00:27:46,980 --> 00:27:48,880
someone in the Midwest, the best way to

879
00:27:48,880 --> 00:27:50,620
get to the Caribbean, no question, is going

880
00:27:50,620 --> 00:27:51,840
to be American Airlines miles.

881
00:27:52,440 --> 00:27:54,700
I can get to St. Kitts, which is

882
00:27:54,700 --> 00:27:56,180
like a very small island that just went

883
00:27:56,180 --> 00:28:00,560
there in January or February, 20,000 American

884
00:28:00,560 --> 00:28:02,240
Airlines miles round trip.

885
00:28:03,000 --> 00:28:03,480
Awesome.

886
00:28:03,680 --> 00:28:05,240
Now, if you remember from the beginning of

887
00:28:05,240 --> 00:28:07,980
the episode, I said, focus on flexible points.

888
00:28:08,200 --> 00:28:10,700
Why would I be earning JetBlue miles from

889
00:28:10,700 --> 00:28:12,000
my JetBlue credit card when I can just

890
00:28:12,000 --> 00:28:12,760
transfer from chase?

891
00:28:12,820 --> 00:28:13,620
That's what I said, right?

892
00:28:13,960 --> 00:28:16,400
So if you think I'm contradicting myself here,

893
00:28:16,960 --> 00:28:20,200
American Airlines happens to be the big asterisk

894
00:28:20,200 --> 00:28:22,640
in all this, is no bank transfers to

895
00:28:22,640 --> 00:28:23,300
American Airlines.

896
00:28:23,560 --> 00:28:25,420
So the only way to earn American Airlines

897
00:28:25,420 --> 00:28:28,240
miles is with either flying, on American, obviously,

898
00:28:28,720 --> 00:28:30,320
or American Airlines credit cards.

899
00:28:30,720 --> 00:28:32,700
So that's been a premium for me, is

900
00:28:32,700 --> 00:28:34,760
trying to find ways to earn American miles,

901
00:28:34,860 --> 00:28:37,360
because they're so valuable, especially to get from

902
00:28:37,360 --> 00:28:39,600
the Midwest to the Caribbean.

903
00:28:40,240 --> 00:28:42,280
And that would extend to the South, like

904
00:28:42,280 --> 00:28:43,880
most of America, the South.

905
00:28:44,320 --> 00:28:45,660
West Coast, it gets a little different, because

906
00:28:45,660 --> 00:28:47,600
the times, the itineraries of the Caribbean are

907
00:28:47,600 --> 00:28:49,920
so bad from like California, because it is

908
00:28:49,920 --> 00:28:50,100
a long way.

909
00:28:50,120 --> 00:28:52,100
Well, it sounds like to your point, it's

910
00:28:52,100 --> 00:28:56,700
tailored to your preferences and interests, where you

911
00:28:56,700 --> 00:28:57,660
want to go and so forth.

912
00:28:58,240 --> 00:29:00,400
So tell a little bit more about some

913
00:29:00,400 --> 00:29:01,040
of your services.

914
00:29:01,720 --> 00:29:04,660
I know you have a Substack articles you

915
00:29:04,660 --> 00:29:09,600
post, you have your website, gosomewhere.world, interesting

916
00:29:09,600 --> 00:29:12,600
dot there, dot world.

917
00:29:12,840 --> 00:29:15,240
They didn't have dot com available, and I

918
00:29:15,240 --> 00:29:16,400
saw that, and I was like, that's actually

919
00:29:16,400 --> 00:29:17,160
kind of topical.

920
00:29:17,380 --> 00:29:17,980
I like that, yes.

921
00:29:18,140 --> 00:29:19,040
I'm going to do that.

922
00:29:19,160 --> 00:29:20,140
It fits, yeah.

923
00:29:20,260 --> 00:29:21,660
And so, you know, and some of these

924
00:29:21,660 --> 00:29:23,780
things, and you're, some of the items you

925
00:29:23,780 --> 00:29:25,120
were mentioning, you have some resources.

926
00:29:25,440 --> 00:29:27,040
So maybe just share a little bit, and

927
00:29:27,040 --> 00:29:29,720
then perhaps how you work with people when

928
00:29:29,720 --> 00:29:30,760
you do a one-on-one.

929
00:29:31,640 --> 00:29:32,420
Sure, yeah, thanks.

930
00:29:32,620 --> 00:29:34,520
I love, yeah, I can happily share that.

931
00:29:34,820 --> 00:29:36,400
So yeah, and for any listeners, you know,

932
00:29:36,440 --> 00:29:38,880
I think this stuff can sound a little

933
00:29:38,880 --> 00:29:40,220
complicated, can give you a little bit of

934
00:29:40,220 --> 00:29:40,560
a headache.

935
00:29:40,900 --> 00:29:42,480
I think the one thing to take away

936
00:29:42,480 --> 00:29:45,320
from what I'm saying here is, there are

937
00:29:45,320 --> 00:29:48,600
ways to probably get two to 10x more

938
00:29:48,600 --> 00:29:51,160
value from your points than you're currently getting.

939
00:29:51,960 --> 00:29:55,080
The gap between you doing that is, where

940
00:29:55,080 --> 00:29:56,280
you are now and you're doing that, is

941
00:29:56,280 --> 00:29:57,420
a little bit of education.

942
00:29:58,320 --> 00:30:01,340
All that information is available for free online

943
00:30:01,340 --> 00:30:02,000
somewhere.

944
00:30:02,900 --> 00:30:05,160
You can certainly find it, I certainly did.

945
00:30:05,220 --> 00:30:07,740
I did not pay anyone to learn the

946
00:30:07,740 --> 00:30:09,140
amount of things I know about points and

947
00:30:09,140 --> 00:30:09,260
miles.

948
00:30:09,520 --> 00:30:11,380
So I'll be the first to say, it's

949
00:30:11,380 --> 00:30:13,620
all free, it's all out there, but it's

950
00:30:13,620 --> 00:30:14,320
a lot of information.

951
00:30:16,100 --> 00:30:16,980
Yeah, exactly.

952
00:30:17,700 --> 00:30:19,660
So that's why I started this business though,

953
00:30:19,720 --> 00:30:22,700
really, is that I like to take it

954
00:30:22,700 --> 00:30:25,560
from 30 hours of random research on deep

955
00:30:25,560 --> 00:30:28,300
Reddit threads to a 60-minute call with

956
00:30:28,300 --> 00:30:29,840
me, where I can tell you not how

957
00:30:29,840 --> 00:30:32,080
to get to Sri Lanka in first class.

958
00:30:32,200 --> 00:30:34,340
That's probably not relevant to most people listening,

959
00:30:34,780 --> 00:30:36,260
but to do exactly what you want to

960
00:30:36,260 --> 00:30:36,360
do.

961
00:30:36,360 --> 00:30:37,900
Most people, they have like three places.

962
00:30:38,000 --> 00:30:40,540
For me, Europe, Caribbean, cool hotels in America.

963
00:30:40,800 --> 00:30:41,960
Great, we can talk about that.

964
00:30:42,240 --> 00:30:43,520
Maybe your thing, I just talked to a

965
00:30:43,520 --> 00:30:45,020
guy, he's got family in Norway.

966
00:30:45,160 --> 00:30:46,340
That's the only place they want to go.

967
00:30:46,460 --> 00:30:47,760
They live in Atlanta, they want to go

968
00:30:47,760 --> 00:30:48,120
to Norway.

969
00:30:48,860 --> 00:30:49,180
Awesome.

970
00:30:49,360 --> 00:30:51,160
So let's figure out a strategy all about

971
00:30:51,160 --> 00:30:51,460
Norway.

972
00:30:51,980 --> 00:30:53,180
What are the airlines to go there?

973
00:30:53,300 --> 00:30:54,820
So that's what I'll do in my calls.

974
00:30:55,020 --> 00:30:57,540
So my two main products, if anyone's interested,

975
00:30:57,640 --> 00:30:59,680
would be my one-on-one consultations.

976
00:30:59,800 --> 00:31:01,080
What we do is we get on, so

977
00:31:01,080 --> 00:31:02,780
like you guys, we might get on and

978
00:31:02,780 --> 00:31:04,660
say, okay, you got Hilton, you got JetBlue,

979
00:31:04,740 --> 00:31:05,240
you got Chase.

980
00:31:05,400 --> 00:31:06,180
Why do you have these?

981
00:31:06,520 --> 00:31:07,400
How can we optimize?

982
00:31:07,700 --> 00:31:08,780
Should we switch credit cards?

983
00:31:08,900 --> 00:31:11,300
How can we get higher Hilton status?

984
00:31:11,440 --> 00:31:12,820
How can we get status with JetBlue if

985
00:31:12,820 --> 00:31:14,060
that's an airline that's important to you?

986
00:31:15,120 --> 00:31:15,460
Okay.

987
00:31:15,600 --> 00:31:17,540
We've found a strategy that makes sense.

988
00:31:17,820 --> 00:31:18,360
That's simple.

989
00:31:18,600 --> 00:31:19,620
That's repeatable.

990
00:31:20,400 --> 00:31:21,880
Now we've earned a bunch of points.

991
00:31:21,960 --> 00:31:24,500
Let's talk about ways we can optimize the

992
00:31:24,500 --> 00:31:25,740
redemption of those points.

993
00:31:26,340 --> 00:31:27,580
Where do you guys want to go?

994
00:31:28,100 --> 00:31:28,900
You want to go to Florida.

995
00:31:29,060 --> 00:31:29,220
Okay.

996
00:31:29,280 --> 00:31:31,400
Here's the best times to go.

997
00:31:31,480 --> 00:31:32,400
Here's the best hotels.

998
00:31:32,500 --> 00:31:33,700
We'll get you the best deals in Florida,

999
00:31:33,780 --> 00:31:34,120
all that.

1000
00:31:34,520 --> 00:31:36,280
So we talk through all that specific to

1001
00:31:36,280 --> 00:31:36,500
you.

1002
00:31:36,600 --> 00:31:39,200
On the trip planning side, it's very simple.

1003
00:31:39,460 --> 00:31:42,320
If you have about 250 to 300,000

1004
00:31:42,320 --> 00:31:44,040
points or more, you're probably a fit.

1005
00:31:44,780 --> 00:31:46,960
And what I do is you just reach

1006
00:31:46,960 --> 00:31:48,060
out via a form.

1007
00:31:48,440 --> 00:31:50,200
You pay a $40 deposit to me.

1008
00:31:51,080 --> 00:31:53,900
And you say, okay, I've got 500,000

1009
00:31:53,900 --> 00:31:54,260
points.

1010
00:31:54,300 --> 00:31:55,020
I want to go to Hawaii.

1011
00:31:55,220 --> 00:31:57,320
I've got four people in my family.

1012
00:31:57,580 --> 00:31:58,600
I don't want to figure this out.

1013
00:31:58,640 --> 00:31:59,900
So you give me all your information in

1014
00:31:59,900 --> 00:32:00,280
the form.

1015
00:32:00,820 --> 00:32:02,340
And then if I can help, which I

1016
00:32:02,340 --> 00:32:04,180
can't always help, I can help probably 80

1017
00:32:04,180 --> 00:32:05,940
% of the time, but sometimes stuff comes

1018
00:32:05,940 --> 00:32:07,640
up where there's just no deals and it's

1019
00:32:07,640 --> 00:32:08,420
just not possible.

1020
00:32:10,480 --> 00:32:13,560
Then I'll tell you how I can help.

1021
00:32:13,660 --> 00:32:14,900
And then you pay the rest of my

1022
00:32:14,900 --> 00:32:16,480
fee, which right now is $310.

1023
00:32:16,880 --> 00:32:19,040
So it's a $350 total fee for the

1024
00:32:19,040 --> 00:32:19,500
trip planning.

1025
00:32:19,960 --> 00:32:20,900
And the goal would be I would save

1026
00:32:20,900 --> 00:32:23,260
you minimum $1,000, but it's typically a

1027
00:32:23,260 --> 00:32:23,760
lot more.

1028
00:32:24,560 --> 00:32:26,980
Just yesterday, me and my, I've got a

1029
00:32:26,980 --> 00:32:28,220
guy working for me that helps me with

1030
00:32:28,220 --> 00:32:28,420
this.

1031
00:32:28,820 --> 00:32:31,640
We just helped someone book like a $25

1032
00:32:31,640 --> 00:32:34,380
,000 trip to the Maldives to one of

1033
00:32:34,380 --> 00:32:35,720
those overwater bungalows.

1034
00:32:36,080 --> 00:32:37,580
So he didn't do any work.

1035
00:32:37,660 --> 00:32:39,100
He filled out our form.

1036
00:32:39,700 --> 00:32:40,740
We used a bunch of points.

1037
00:32:41,580 --> 00:32:43,660
It was like 800,000 points he had,

1038
00:32:43,820 --> 00:32:46,000
but we got him this ridiculous trip.

1039
00:32:46,020 --> 00:32:48,560
He's flying Qatar business class there.

1040
00:32:49,340 --> 00:32:52,220
He's staying in the Hilton Conrad overwater bungalows.

1041
00:32:52,720 --> 00:32:53,720
So whether that's the kind of trip you

1042
00:32:53,720 --> 00:32:55,440
want to do or something simpler, I just

1043
00:32:55,440 --> 00:32:58,160
helped a family of three, you know, get

1044
00:32:58,160 --> 00:32:59,520
a nice Caribbean vacation.

1045
00:32:59,700 --> 00:33:02,620
They only did about 250,000 points out

1046
00:33:02,620 --> 00:33:04,640
of pocket, you know, $0 out of pocket

1047
00:33:04,640 --> 00:33:06,120
for cash, which is awesome.

1048
00:33:06,120 --> 00:33:07,620
And they're staying at this nice hotel in

1049
00:33:07,620 --> 00:33:10,740
St. Kitts, flying there direct from Florida.

1050
00:33:10,980 --> 00:33:13,220
So it doesn't have to be something crazy.

1051
00:33:13,560 --> 00:33:16,300
And both of these people, they're saving, you

1052
00:33:16,300 --> 00:33:18,940
know, it was over $3,000 for one

1053
00:33:18,940 --> 00:33:20,200
guy was like 20 plus.

1054
00:33:20,480 --> 00:33:22,040
So those are my two offerings there, the

1055
00:33:22,040 --> 00:33:23,760
trip planning services, and then the one-on

1056
00:33:23,760 --> 00:33:24,700
-one consultations.

1057
00:33:25,080 --> 00:33:26,580
That's really how I can help people.

1058
00:33:26,920 --> 00:33:29,940
I also do have an online course that's

1059
00:33:29,940 --> 00:33:30,820
helpful that I sell.

1060
00:33:30,960 --> 00:33:34,860
Again, that's on my website, gosomewhere.world. And

1061
00:33:34,860 --> 00:33:37,080
then I would have some free resources that

1062
00:33:37,080 --> 00:33:38,200
I can share in the show notes.

1063
00:33:38,960 --> 00:33:40,880
The one is called how to 2-10x

1064
00:33:40,880 --> 00:33:41,660
the value per point.

1065
00:33:41,740 --> 00:33:44,020
So it's really a much deeper breakdown of

1066
00:33:44,020 --> 00:33:44,840
what I've shared here.

1067
00:33:45,280 --> 00:33:47,700
I've shared, you can get 2-10x more

1068
00:33:47,700 --> 00:33:48,460
value for your points.

1069
00:33:49,000 --> 00:33:51,000
That guide would be, here's some ways to

1070
00:33:51,000 --> 00:33:51,280
do it.

1071
00:33:51,320 --> 00:33:54,080
Again, there's hundreds of ways to do it.

1072
00:33:54,200 --> 00:33:57,060
So you can't, everything can't be covered, but

1073
00:33:57,060 --> 00:33:58,260
that guide shows you some of that.

1074
00:33:58,340 --> 00:33:59,680
And then I also have one about choosing

1075
00:33:59,680 --> 00:34:00,960
a travel credit card.

1076
00:34:01,900 --> 00:34:02,860
So yeah, those are all the ways I

1077
00:34:02,860 --> 00:34:03,200
can help.

1078
00:34:03,220 --> 00:34:04,680
And again, if you never want to talk

1079
00:34:04,680 --> 00:34:06,160
to me or pay me a dollar, there

1080
00:34:06,160 --> 00:34:08,659
really is so many great resources out there.

1081
00:34:08,860 --> 00:34:11,440
I can't recommend enough the Daily Drop.

1082
00:34:12,100 --> 00:34:14,360
They're a really large company.

1083
00:34:14,360 --> 00:34:16,260
They've got a newsletter, they've got a YouTube

1084
00:34:16,260 --> 00:34:16,719
channel.

1085
00:34:17,400 --> 00:34:18,260
Everything is free.

1086
00:34:18,300 --> 00:34:19,659
You will never pay them for anything.

1087
00:34:20,239 --> 00:34:21,280
I love their stuff.

1088
00:34:21,380 --> 00:34:22,300
I've learned so much from them.

1089
00:34:22,340 --> 00:34:23,420
So again, the Daily Drop.

1090
00:34:24,340 --> 00:34:26,940
Highly recommend you subscribe to them and support

1091
00:34:26,940 --> 00:34:27,440
their stuff.

1092
00:34:27,600 --> 00:34:29,080
I've met a few people from there and

1093
00:34:29,080 --> 00:34:29,620
they're really good.

1094
00:34:29,739 --> 00:34:32,239
So that's probably everything I can think to

1095
00:34:32,239 --> 00:34:32,340
share.

1096
00:34:32,460 --> 00:34:32,620
That is great.

1097
00:34:32,760 --> 00:34:34,980
That is chock full of great information for

1098
00:34:34,980 --> 00:34:35,320
everybody.

1099
00:34:35,540 --> 00:34:36,820
Were you going to say something, Kristen?

1100
00:34:37,120 --> 00:34:37,940
No, I was just going to say, before

1101
00:34:37,940 --> 00:34:39,739
you go, what favorite trip that you've been

1102
00:34:39,739 --> 00:34:40,040
on?

1103
00:34:41,320 --> 00:34:42,219
That's a good question.

1104
00:34:43,300 --> 00:34:48,600
I think just in February, I went to

1105
00:34:48,600 --> 00:34:50,940
the Park Hyatt and St. Kitts.

1106
00:34:51,760 --> 00:34:54,739
St. Kitts is, I didn't even know it

1107
00:34:54,739 --> 00:34:55,860
was an island two years ago.

1108
00:34:56,340 --> 00:34:57,520
It's this beautiful island in the Caribbean.

1109
00:34:58,180 --> 00:34:59,880
Actually, it's St. Kitts and Nevis.

1110
00:35:00,120 --> 00:35:02,320
And Nevis is actually where Alexander Hamilton was

1111
00:35:02,320 --> 00:35:02,640
born.

1112
00:35:02,980 --> 00:35:04,760
So any fans of the musical, the line

1113
00:35:04,760 --> 00:35:06,780
is like, dropped in the middle of forgotten

1114
00:35:06,780 --> 00:35:07,720
spot in the Caribbean.

1115
00:35:08,060 --> 00:35:09,480
Well, we were on a beach looking at

1116
00:35:09,480 --> 00:35:12,360
that forgotten spot in the Caribbean, his little

1117
00:35:12,360 --> 00:35:12,620
island.

1118
00:35:12,680 --> 00:35:14,660
And they have tours of his family's house

1119
00:35:14,660 --> 00:35:15,460
and stuff like that.

1120
00:35:15,840 --> 00:35:18,640
So that's for any musical nerds out there,

1121
00:35:18,720 --> 00:35:19,500
people like the show.

1122
00:35:19,800 --> 00:35:22,200
That trip was amazing because the hotel was

1123
00:35:22,200 --> 00:35:24,520
$1,500 a night for the base room

1124
00:35:24,520 --> 00:35:25,500
and we even got upgraded.

1125
00:35:26,020 --> 00:35:27,440
And so I was sitting there just like,

1126
00:35:27,580 --> 00:35:28,960
it really was so mind blowing because I'm

1127
00:35:28,960 --> 00:35:30,880
like, I in a million years would have

1128
00:35:30,880 --> 00:35:32,680
not been able to afford this and would

1129
00:35:32,680 --> 00:35:33,700
never have paid for this.

1130
00:35:33,800 --> 00:35:35,580
And because I figured out how this point

1131
00:35:35,580 --> 00:35:38,020
stuff works, I got my flights covered to

1132
00:35:38,020 --> 00:35:38,460
the Caribbean.

1133
00:35:38,760 --> 00:35:40,000
This again, this is my two little kids

1134
00:35:40,000 --> 00:35:41,100
as well and my wife.

1135
00:35:41,920 --> 00:35:43,180
I've got my flights covered.

1136
00:35:43,500 --> 00:35:45,160
I'm at this ridiculous resort that I have

1137
00:35:45,160 --> 00:35:46,300
no business being here.

1138
00:35:46,680 --> 00:35:47,740
I'm 25 years old.

1139
00:35:47,840 --> 00:35:50,140
Everyone else there was at least 55 years

1140
00:35:50,140 --> 00:35:50,340
old.

1141
00:35:50,480 --> 00:35:53,300
Like there was no young people, probably because

1142
00:35:53,300 --> 00:35:54,540
no one could afford it.

1143
00:35:54,620 --> 00:35:55,140
You know what I mean?

1144
00:35:55,160 --> 00:35:56,780
And people didn't know about the points thing.

1145
00:35:57,300 --> 00:35:59,520
And so I just was felt so blessed

1146
00:35:59,520 --> 00:36:01,420
and so like amazed that this stuff is

1147
00:36:01,420 --> 00:36:01,880
possible.

1148
00:36:02,480 --> 00:36:03,460
So yeah, that was a fun trip.

1149
00:36:03,560 --> 00:36:05,000
Now I've been other places that are maybe

1150
00:36:05,000 --> 00:36:07,480
more adventurous or cool, but I think it

1151
00:36:07,480 --> 00:36:09,380
was like the level of luxury that I

1152
00:36:09,380 --> 00:36:10,180
experienced there.

1153
00:36:10,360 --> 00:36:11,600
I was just so mind blown.

1154
00:36:11,700 --> 00:36:14,100
Like this stuff is possible when you understand

1155
00:36:14,100 --> 00:36:14,840
points.

1156
00:36:15,380 --> 00:36:16,700
So I just felt I'm still kind of

1157
00:36:16,700 --> 00:36:17,100
in shock.

1158
00:36:17,600 --> 00:36:18,820
That was possible.

1159
00:36:19,080 --> 00:36:21,020
So that was an awesome trip and many

1160
00:36:21,020 --> 00:36:21,500
more to come.

1161
00:36:21,940 --> 00:36:24,160
I went crazy and I was able to

1162
00:36:24,160 --> 00:36:26,580
find business class flights to Switzerland for the

1163
00:36:26,580 --> 00:36:27,540
summer for me.

1164
00:36:27,680 --> 00:36:28,620
And I'm going to have a three-year

1165
00:36:28,620 --> 00:36:30,680
-old and a six-month-old in a

1166
00:36:30,680 --> 00:36:31,560
business class seat.

1167
00:36:32,080 --> 00:36:34,000
So that'll be some funny pictures that hopefully

1168
00:36:34,000 --> 00:36:34,580
go viral.

1169
00:36:34,760 --> 00:36:36,060
So I'll have to share this with you

1170
00:36:36,060 --> 00:36:39,000
guys and that's coming up here in August.

1171
00:36:39,160 --> 00:36:41,500
So that might become the favorite trip once

1172
00:36:41,500 --> 00:36:42,000
we get there.

1173
00:36:42,440 --> 00:36:44,740
Well, I love that you're sharing all this

1174
00:36:44,740 --> 00:36:48,560
great insight for our listeners and thank you

1175
00:36:48,560 --> 00:36:50,220
so much for being with us today and

1176
00:36:50,220 --> 00:36:51,180
all the great tips.

1177
00:36:51,680 --> 00:36:54,640
We're going to add some great content from

1178
00:36:54,640 --> 00:36:56,320
you in the show notes.

1179
00:36:56,760 --> 00:37:02,460
Check out gosomewhere.world. In addition, share our

1180
00:37:02,460 --> 00:37:05,600
episode with people you care about who you'll

1181
00:37:05,600 --> 00:37:08,620
want to be able to travel with you

1182
00:37:08,620 --> 00:37:10,180
perhaps along the way.

1183
00:37:10,760 --> 00:37:13,540
So Colin, thanks for being with us today.

1184
00:37:14,020 --> 00:37:14,140
Sure.

1185
00:37:14,220 --> 00:37:15,100
Thank you so much for having me.

1186
00:37:15,180 --> 00:37:16,000
I really appreciated it.

1187
00:37:16,540 --> 00:37:17,260
All right, everybody.

1188
00:37:17,640 --> 00:37:19,760
Until next time, keep striving for something more.

1189
00:37:21,640 --> 00:37:23,400
Thank you for listening to Something More with

1190
00:37:23,400 --> 00:37:24,120
Chris Boyd.

1191
00:37:24,420 --> 00:37:26,580
Call us for help, whether it's for financial

1192
00:37:26,580 --> 00:37:30,480
planning or portfolio management, insurance concerns, or those

1193
00:37:30,480 --> 00:37:32,540
quality of life issues that make the money

1194
00:37:32,540 --> 00:37:33,640
matters matter.

1195
00:37:33,960 --> 00:37:37,260
Whatever's on your mind, visit us at somethingmorewithchrisboyd

1196
00:37:37,260 --> 00:37:40,460
.com or call us toll free at 866

1197
00:37:40,460 --> 00:37:45,980
-771-8901 or send us your questions to

1198
00:37:45,980 --> 00:37:49,960
amr-info at wealthenhancement.com.

1199
00:37:50,100 --> 00:37:52,080
You're listening to Something More with Chris Boyd

1200
00:37:52,080 --> 00:37:52,920
Financial Talk Show.

1201
00:37:53,100 --> 00:37:55,520
Wealth Enhancement Advisory Services and Jay Christopher Boyd

1202
00:37:55,520 --> 00:37:57,840
provide investment advice on an individual basis to

1203
00:37:57,840 --> 00:37:58,400
clients only.

1204
00:37:58,600 --> 00:38:00,540
Proper advice depends on a complete analysis of

1205
00:38:00,540 --> 00:38:01,740
all facts and circumstances.

1206
00:38:02,040 --> 00:38:03,820
The information given on this program is general

1207
00:38:03,820 --> 00:38:05,840
financial comments and cannot be relied upon as

1208
00:38:05,840 --> 00:38:07,420
pertaining to your specific situation.

1209
00:38:07,620 --> 00:38:09,600
Wealth Enhancement Group cannot guarantee that using the

1210
00:38:09,600 --> 00:38:11,620
information from this show will generate profits or

1211
00:38:11,620 --> 00:38:12,720
ensure freedom from loss.

1212
00:38:12,920 --> 00:38:15,080
Listeners should consult their own financial advisors or

1213
00:38:15,080 --> 00:38:17,180
conduct their own due diligence before making any

1214
00:38:17,180 --> 00:38:17,960
financial decisions.