Tag: myStory

https://youtu.be/kjiVzFbfjRg

Aloha everybody! Those of you guys who’ve been following me for quite a while, it’s been a journey from 2016, doing this podcast. I have always been interested in the financial blogs sphere, podcast space. It was early when I started to read all these financial blogs.

Back then it was silly things like which credit card you would get and you could get these 6% rewards checking accounts. What I would do is I would get these balance transfer offers stick 30 to 40 grand in the bank with all these business and personal credit cards, balance transfers at 0% and make the arbitrage of my 6% rewards checking account as I would go to the bank at 20 degrees outside and ring up 12 transactions at the gas station.

Those are the days where I just would waste my time because money was more valuable than time at that time.

Probably around 2010, I ventured into the travel hacking community a little bit. I went to one of these seminars. Didn’t really enjoy the people because a lot of those people are very scarcity mindset. They collect points, they burn up their time. It’s a hobby. I get it. It’s fun!

It’s like playing an RPG game. Getting points on a video game, but for real life, getting miles on different airlines and using those airline miles in different ways. I know a lot of you guys are into that because if you guys don’t get credit card points or miles you guys don’t spend the money on nice vacations and whatever I can do to get you guys to get those experiences in life.

That’s the point of today’s show is to bring on a travel hacking expert. And this is new to you guys. I think it’ll be a good primer. Some are old to the sport of travel hacking. Maybe in a way I think this would be a good refresher on what’s the newest stuff to be on the lookout.

 

 

Hey, simple passive cashflow listeners. Today, we are going to be talking to the creator of geo breeze travel.com and sync up on what’s been happening lately in the travel hacking industry. You guys are probably wondering why I’m wearing this like weird shirt and I’m not in my normal white collared shirt attire.

We just closed the deal in Huntsville and this is their minor league baseball team going up. Probably near one of our apartments. It’s a trash pandas. My dog’s name is Panda. It’s not trashed paddles. It’s trash pandas, but this little stupid panda bear right here, it’s going to make me a lot of money.

Cause we’re going to check in there in Huntsville. Why don’t you introduce Julia on the line here?

Hi everybody. How are you? I’m excited to be here today.

I think a lot of people listening they used to be into financial blogs. Maybe they’ve moved on as life has gotten busier as their network has grown buying rentals, going into syndication deals, but I can speak for myself.

I selfishly brought you on here because you’re a travel hacking expert and I’ve been out of the game for quite some time. I remember over 10 years ago, I went to FTU was that frequent travel university or something like that. My friends and I was like into all this getting all these credit cards getting points.

Back then you could get like 0% balance transfer and then throw them into a 6% savings account and just chart it that way. Let’s give people a little bit of like high level. What are we talking about travel hacking?

For anybody who’s not familiar with travel hacking at all, it’s a way that you can get free travel or a lot of cash back, if you want.

Just by leveraging the loyalty programs that are set by credit card companies or airline companies or hotel companies. And if you’re not aware, there are dozens of different credit card options and different loyalty programs out there. And it’s all about how to strategically approach the game so that you can meet the travel goals that you want.

You can get the travel that you want for almost free, very close to next, to no cost while just learning to play the game and plan strategically, which I think a lot of people in your audience obviously do as they’re researching different real estate and different passive income opportunities.

Yeah and I think that people listening, they’re like myself, optimizers and this whole travel hacking thing. You’re literally collecting points and then you have to figure out where to cash in those points at the highest value and it’s like a video game. It really is addicting. It can be a time suck. Maybe let’s start off with, you have a list here of some highest and, or biggest bang for your buck type of tactics. What’s at the top of your list, Julia?

It’s not a game just for how to use the points, but also even how to bring in those points. And so my number one advice to people is I have a few, the first is, the best travel hack is finding friends who can show you even more travel hacks because so many people do it.

The very unoptimized way of I’m going to watch 14 hours of YouTube videos and read blogs. But really if you just join a community, whether it’s on Instagram or a Facebook group or something, I host different Hangouts. If you just find somebody who’s already into this kind of thing, like you went to the frequent traveler university conference, it speeds it up so much.

If you can just ask your questions there. Secondly. If you’re like, I really just don’t want to interact with people. How do I do this quickly on my own? My advice is to work backwards. Some people will make the mistake of researching different cards and saying, I’m going to get a Chase card and then an Amex card, and then a Citi card, a Hilton card, a Marriott card or United card then I’m going to figure out what to do with all of those.

And that’s a really inefficient way to go about it. Instead, I would recommend start with the goal that you have in mind for free travel and work backwards from there. If you’re telling yourself, okay, I want a free trip to New York city and I currently live in Hawaii.

Here are the airlines that fly from Hawaii to New York city. I want to stay in this area of Manhattan. Here are the different hotels that are servicing in that area. Here’s how many points I would need to get that free flight and to get however many nights in a hotel for free. And then here are the credit cards that can earn me kinds of points that can actually be transferred correctly to that airline or that hotel.

Then it really narrows down how many things you actually have to research and figure out and how many points you need to get in the exact currency that you needed in rather than just shooting all over the place in the dark. Make some travel hacking friends and also work backwards to get to your goal faster.

And then, at some point you have to get some credit cards, right? Where a bunch of points. I think a lot of people in our sphere, we know about the old chase Sapphire reserve card, but is that one of the best today? Or what are the cool kids using?

If you are a very beginner, like this is the first you’ve ever heard about this, the most popular beginner card these days is the Chase Sapphire Preferred.

And as of yesterday or two days ago, March 21st, they just increased the signup bonus to 80,000 points instead of 60,000 points. That’s worth more than a thousand dollars in travel credit. So Chase Sapphire Preferred is one of the most popular ones for beginners these days. We always recommend start with your Chase cards instead of starting with American express or another family like that because of something called the five over 24 rule. Which says that if you have already opened five or more accounts with any carriers in the last five years, Chase is just going to reject you if you apply with the Chase card.

So it’s good to get the Chase cards out of the way first and then you can move on to American express that doesn’t have this rule. You can move on to Citi cards, bank of America, something else like that.

 

Good advice! I have a love and hate relationship with Chase. I do the tradeline cooking thing where I kind of piggyback authorized users of my cards. People want to learn more about it, go to simplepassivecashflow.com/tradeline. I have a little e-course on that. But Chase cancel all my cards so not like that but nominal rewards credit cards. It’s a great place to start there.

Why did they cut off all of your lines? Too many authorized users?

Yeah, it was getting a little ridiculous. I was turning people a lot quicker than I do these days and I have to log about it. It’s good that you see a company actually has checks to make sure that there’s no weird activities that just bind. I think it’s good business, I don’t know. It’s like surreal but I applied Chase for data shows that they have their S together.

How many points did you lose when they shut you down?

I think at the time, I think I lost myself Westpoint’s 200,000 points and which goes to show, right? Savers are losers. Just like people with all this equity in their house, or, the bank.

There is a strategy called churn and burn where earn and burn where you’re earning points really quickly and then you want to use them quickly as well. You don’t just want a whole bunch of points sitting there in your account, not being used because a lot of airlines will de-value their awards programs.

And so if you just have hundreds of thousands of points sitting there and you’re thinking, okay like around the world trip or something is going to cost 200,000 points. And then the next year they’re like, Oh, now it costs 250,000 points and your points were just sitting there and never use.

Those aren’t going to accrue interest on points. You have to earn them and then burn them pretty regularly. So you want a high cashflow game.

Yeah, I was being an idiot. I don’t know what I was doing. I just wanted to see the points go up again that’s why I was thinking.

A lot of people who are in this hobby are really frugal and they’re just like savers by nature and they don’t like to go out and spend the points but it’s not like money. You don’t save these points until retirement or something. You want to earn the points, know how you’re going to use them and then know how to get more points.

Yeah. I was like that precious guide or what are their rates with my points, but how do we use them? What is the biggest bang for our buck to using these points? Since we get a book, a couple of hundred thousand points or so.

There’s a lot of different sweet spots that you can use for these points. I would say you should definitely learn about transfer partners. A lot of people, once they get the Chase card, they just always go through the Chase travel portal.

And then you’re going to get a set amount there where it’s maybe 2 cents per point or something, but if you could figure out how to transfer them to the different transfer partners, you can get a lot more bang for your buck there. One of them are advanced tricks. For example, if you were to Google United excursion as perk you can

book some kind of triangle itinerary, let’s say from New York to London, to Paris, back to New York and that middle leg is going to be free for United. And so you can super hack that in different ways where I had a hangout and a meet up last night with some people who listened to my podcast and I showed them a trick where you can do two little domestic flights.

It’s only going to cost 10,000 points total and then you just get a free flight across Africa or something. And you save yourself thousands of dollars if you learn the different redemption, sweet spots that way.

Once you’re getting into that type of stuff, to me it gets a little freaking complicated, right? Like all this like field dumping and all these chicks like that at some point, is it, at what point does it make sense for someone to just hire somebody like yourself to book that trip for you and how much do those things take costs? I guess Yeah.

So I would say if you’re the kind of person where you really like watching YouTube videos and really like reading about award charts and learning about fuel surcharges and all of those transfer partners, some people really enjoy it. If you’re a person, go ahead and spend a 14 hours doing DIY. If you’re like.

I really just need to get this free trip. And I don’t know where to start. Definitely hire somebody like me or travel hacking coach. And I do 30 minute free calls all the time just to get people on the right track. And I say, okay, here’s your rough plan? Please use my credit card links. That’s how I get affiliate income.

Or if they want to actually hire me to do a full 12 month structured plan to say, okay, each month, I’m going to check in with you. This is the car that you should get. Here’s where you should be. Just to stay on track and meet the sign up bonuses, because that’s where most of your points are going to come from.

I do that as well. And as far as how much it costs right now, I charge 125 for my coaching package for 12 months. And. That includes two video calls and a monthly check-in for a year, just to make sure you’re staying on track with the credit card plan that we put together so that you can earn the most points.

And then you’re not floundering around and being like, I don’t know what card to get, and I don’t know how to use these points once I earned them. So those are the kinds of things that I help people with. Yeah. So this is makes, makes sense for someone like myself. Like I have a halfway decent amount of points.

I think I need help on the backend like I kinda know what cards to go and get. I love to DYI because I’ve been in tradeline hacking and I’m always trying to get new cards cause after a couple of years and I can start tradeline. I get that but where my big blind spot is I don’t know how to use the points.

So to go someone like yourself I’d just be like, all right I got 150,000 points. Here’s where I’d like to go. Can you just book my flight for me?

That’s what card currency is it with? Is it American express?

I think that my American express, I try and stay with the cash back cards on that more, but I think I have a halfway decent amount of like airline.

I fly a lot to Dallas, so like 160,000 with them. We’ve got like 80 with United and then some with Alaska in September, actually butterfly with Delta too, but I never get enough. Here’s my problem, I’m always traveling for like business. I’m always writing it off. I never really traveled like a hundred percent personally.

Yeah. I haven’t done that for a while, but that’s where I would like to use my points because I can’t deduct that price of that flight. I’m just thinking like most things you hire the expert, you’re going to get the biggest bang for my buck for those points and then we’ll tell us two women.

Maybe tell me how you look at like, all right. Lane scholars points. What would you do? How would you book Meyer to Kurt for me?

Rather than saying, okay, we have all of these different points. Let’s see what to do with them. That’s the position we’re in now. So I could figure out an itinerary that way.

But if it’s somebody who’s just starting out, I would say, avoid that situation. And then instead say, where would you like to go on your personal trip? And let’s work backwards from that? You’re like, what do I do? I have some Delta points. I have some United points, so we could you’re out something like that.

And look at different routing maps and say, okay here’s some sweet spots if you want it to go to this city. But really the best points to start off with are the super flexible ones. The chase points, because they transferred it 28 different people, I think. And then American express is really good too.

I really like the American express points because. The membership rewards points can be transferred to ANA airlines through Japan. And they have a program where you can fly around the world in business class for let’s say 125,000 points or so it might vary a little bit. But 125,000 points, which is two credit card signups.

You get one Amex platinum, one Amex, gold, you have enough points for this and you can fly around the world like in stop in eight different cities, all in business class for just that. So those are the kinds of sweet spots that I can show people how to do and it’s very easy. You don’t have to do 17 different cards, which I think some people fall into that trap of if you don’t know how to do the award side of it. You’re suddenly having to open a whole bunch more cards and spend a lot more effort to get the same kind of redemption.

And I tell people like I’m like a recovering frugal cheapo. There’s two things that I’m fascinated with these days that’s Ford Raptors, these big monster trucks. And YouTube videos of people in first-class like Singapore airlines, Emirates and I don’t know why. But I think it’s really cool! You can get like, How much points do you need to have that kind of experience? And because those are like $10,000 flights, right?

Oh yeah! They go for more than $10,000 so it completely depends how far you are flying. I’ve seen them go for as low as 30,000 points for a one-way short segment.

If you just wanted to do a trans European flight or something. From like Paris to Greece. If it was six hours or five hours or so you can probably find some good sales for 30,000 points, which is half of a credit card sign up most times.

Because I’m here in Hawaii and I understand how you use the American carriers, but I think where I would need your help would be like the foreign carriers, just like the Emirates or ANA.

How do I get to use my points of those way better areas? So I would say researched the Star Alliance transfer partners, and you can go through chase with a lot of those. I like to search for award availability on united.com. It’s probably the most user-friendly and then you can also see the different transfer partners with United.

If you’re trying to say, okay, if I want to fly from Hawaii to tokyo, that’s probably gonna be Ana airlines. Which you would want American express points to transfer to that. But if you want it to do like Cathay Pacific or something through Hong Kong, down into India or something like that, then you can transfer some chase points over.

You can do some research on Star Alliance . So it involves knowing a little bit about the different routes and the transfer partners and also where you want to go.

Yeah. What’s the website that everybody’s using these days for all the route maps stuff like that, where they do, they just go to United or American?

I personally just use United and then I try to see what transfer partners are available from there. There used to be a site called award hacker.com that you could use to try to figure out the routing maps. It’s not that good. Honestly, it just ever since the pandemic, all of the routes have changed.

They haven’t been able to update their website because the routes keep changing so often. So I would almost say instead of a website, find a person who can help you with these types of things. I link to all different kinds of people who do this kind of work in my podcast, where I interviewed travel hackers from all walks of life who are able to get super cool redemptions.

What’s the coolest experience you’ve gotten as a points?

One of the coolest ones I got was super easy. I have the Hilton card where I got a free night certificate that I could use in any Hilton hotel in the world. Pretty much. So of course the next question was what is the most expensive hotel where I can use this.

And it was at the grand Wailea in Maui, which starts at $500 a night and it’s so fancy. Have you been there since you’re in Hawaii?

I’ve seen it. I don’t go anywhere near, cause I probably cost like locals, like 50 bucks to park your damn car so I stay clear those places.

It’s super expensive, but I had a Hilton free night and not only did I get the free night with a standard room, but I wrote to the hotel in advance and said, Hey, if you have any upgrades available, I have status with Hilton.

Can you do me a solid, an upgrade me, do a room and they ended up upgrading us to a $900 a night suite for free. And it was overlooking the ocean. It had a balcony and it came a free breakfast. It came with free dinner. They wheeled in a cart of all these local Hawaiian snacks and champagne and it was incredible.

Probably saved a thousand dollars just off of that one night and just have one credit card that did this. And so if you want to, I can make a link for your listeners on where to get that email template that I use. Oh yeah. I downloaded that from your website. Yeah, we can put, we’ll put the show notes on small passive cashflow.com/credit card, and then we’ll link to your website so people can download that.

But this is the cool thing. Like you had this like template of what you email hotels to get like all the free goodies and stuff like that. It’s kinda reminds me of if you Google the a hundred dollars trip and Las Vegas or fifth or $20 trip, I think it’s now a hundred dollars, but you tip the guy where you stick a hundred dollars and then they might give you an upgrade.

This one doesn’t cost any money. This is just a “Hey, I’m celebrating a special occasion. If you have any availability here’s my reference number for my confirmation. Here’s my loyalty number”. And so it’s just the information to provide hotels to make it as easy for them as possible to make a mark on your hotel reservation and say ” Oh yep, you’re here now we do have an upgrade”.

So that they’re ready for you. Especially do this if you’re celebrating a honeymoon or an anniversary or something, because the hotels really do want to be nice to you, but it’s almost just rude to show up and be like, we’re on our honeymoon scramble now and get it figured out for us with an upgrade.

If you’re being a little bit considerate, giving them some time to figure this out, email them a week ahead or something so that they can make some arrangements for you and they’re not scrambling. Yeah. Like when you arrive and processes, yes. It’s so much nicer for the hotel too, because then they’re not scrambling.

It’s nicer for you because it increases the probability that you’re going to get an upgrade. So have these processes in place templates are great. Any other thing, cool. Chick like that you want to share with folks that one’s a good one.

What else? Really? The other one is just connect with other people and there’s so many free places to do this.

There’s Facebook groups where you can ask people different tricks. I have my free 30 minute calls. I have monthly Hangouts every month where all of us will just ask questions of each other and then group think ways to hack things and it was like $5 to join. And I really only charged money to keep a way people who don’t care.

And also that the people who had to pay at least a little bit will actually pay attention and use the advice that we give. So those are some of travel hacker.com or that website, or like those credit card websites, those forms still good. I know what was another one that I used to stat wallet went away.

I haven’t been on any of these. I always just connect with individual people who run these websites. There’s somebody called pack your bag with points. He runs a Patrion where he tries different credit card techniques and does different experiments and then lets us know which ones will get you in trouble.

And which ones work. There’s a guy who runs a website called straight to the points and he is like really into researching all of these award charts and then has a paid newsletter where he just searches for award availability. There are two first-class seats on these different flights go grab them.

And so you, he just spends his time searching for these award availabilities and then emails his email list about them. So those are some ways to get the next level hacks is probably like something you pay a little bit of money for. You’re going to get a lot of savings.

And that’s a good technique guys.

Like just don’t be a free loader like it’s just a big difference between free lowers and people that pay a minimal. It’s a good appreciation. But let’s let’s end with this, like ciao hacking has sometimes connected with the dark side of the world, which is like manufactured spent. Can you maybe just highlight what is that for people who don’t know.

Yeah. So manufacturer spending for anybody who doesn’t know is a way to maximize the number of points that you are turning through your credit card. So you’re spending a lot of money or it looked like you’re sending a lot of money, but really it’s going straight back into your bank account. So it’s almost like this closed loop, but you’re getting points for running things through the loop.

And in the past, there have been different techniques to do. This. One was when the U S mint used to sell gold coins for a dollar, you would buy a $1 gold coin. With your credit card, they would mail you a bunch of gold coins, and then you would just take them to the bank and redeposit them in the bank. So you were basically buying money and getting points for it.

You can’t do this anymore. You guys know who you are, you guys did it. I know you guys did it back in the day. Yeah. Back in the day, that used to be a thing. So with manufacturer spending, there are all sorts of. Questionable things that people have done in order to turn all of these points. I have multiple podcasts episodes where people laugh at themselves about getting the police called on them.

If you do enough weird gift card things, people will assume you stole the credit card. Or that you’re money laundering or something like that. So it’s sometimes associated with. The dark side with manufacturer spending there, but I have a really good trick for everybody. Who’s listening on how to do a manufacturer spending technique that I would actually encourage because it does good in the world rather than destroying things.

So there is a website called kiva.com, k I V A. And if you haven’t heard of this, you can loan money to small businesses who need money for just a few months. And so you’ll learn however much you want $500. It could be less, I think it starts at $25 and then you loan some money with your credit card so you get points for the loan.

And then six to eight months later, they’ll pay you back with PayPal. So you’ve redeposit that into your bank account. You have to float the money for a few months, but I do this all the time because I feel good about helping small businesses. I get points on the credit card. I never actually had to increase my budget in order to get those points.

I just have to wait six months to get the money back. So that is a good way to turn a lot of points without spending way more money, because some people, they get these credit cards and they’re like I’m just going to buy a whole bunch of like purses and shoes so that I can get more points and that is not.

I repeat everybody. That is not how you should approach this game. Do not buy a whole bunch of stuff from Amazon that you do not want or need just to get points, approach it strategically. I just got a text message here from Bob. Bob wants to know what the interest rate on that Kiva loan yet. So you don’t make any interest.

You just get paid back the principal amount. They do charge interest to the people who are borrowing, but that’s how they do their operational costs.

You’re doing a good thing and you get all the credit card points for it. So if you have to meet a minimum spend, like if you’re earning 80,000 points for $4,000 of spend and you’re like I’ll have $4,000 worth of spend to do, what am I going to do? And then you just loan out $4,000 Kiva.

How quickly do they pay you back? The shortest time is about six months. Okay. Because I got a card that does 2% for general stuff. And all that does to your five to four, like just 2% back on everything. I would say really it’s only, I only do this. If I’m meeting a minimum spend and don’t have a good way to meet it for just general everyday spend, if I’m like, okay, which card do I use for this?

There is an app. It is called card pointers and it answers the simple question. What car do I use for this? So you just tell it all the different cards that you have, and it will say. Out of the cards you have currently available in your wallet. This is going to be the Westland to use for groceries. Use this one for guests.

Use this one for gross for restaurants. So card pointers is a really good app for that. Yeah. I will actually use the blue cash preferred card or American express, excuse me, 6% back groceries and uncle and buy like a thousand dollars worth of Amazon gift cards and other random gift cards from Safeway.

And I have a little shame. That’s what I do. Oh, no, no shame. That’s a really good strategy. It is a good idea. If you’re going to just buy a whole bunch of gift cards from the grocery like that, to also actually mix it in with groceries so that you don’t look like your money laundering, actually also buy groceries and charge those first.

Make sure the first thing going onto your receipt is like a banana or cool. I feel accepted as a safe place. Yes. Yeah, no judgment. No, this is encouraged because this is how you actually optimize points and how you approach it strategically by saying, okay. If I have to go to target anyway, rather than just getting my one point per dollar at target, I should go to the grocery store, get six points per dollar on target gift cards, then go spend those gift cards at target.

So some people are like, Oh, it’s really inconvenient to add in that extra step, but you can get so many more points that way. If you. Figure out these additional steps that you can take. What are you like someone like yourself for I have 20 credit cards. So I think I got them all almost once you get to end game and you there’s really, you’ve gotten all the bonuses right.

For these new cards. What do you do is manufacturing spend you’re really only means to get points. No, because they’re always coming out with new cards and new products. You can always close down a card and then get it again at some point in the future. So one of my first cards when I got into this four years ago was the chase Sapphire preferred.

I used it for a couple of years, got some other cards closed down my chase, Sapphire preferred, and then I’m going to get it again in a couple months because. You have to wait 48 months since getting the bonus last time. And so it’ll be right at that four year Mark. So then I’m just going to open, reopen a card that I already had before.

And so if you’re slowly turning through cards like that, you can keep sustaining the game. Plus they’re just always opening new cards. So you’ve got like a tracker on it, like a sauna four years later to get it. I one’s just burned into my mind because it was my first card, but there is a tool called travel freely.com and it’s a really good calendar app where it will send you email reminders about when your minimum spend is going to be due about three months from opening the card.

You’ll send you calendar reminders and email reminders when it’s about to be your one-year anniversary with the card or any year anniversary with card, because your annual fee is going to come due. So you’ll get an email that says, Hey, do you still want to keep this card? If you do, you’re going to get charged $95.

If you don’t want to keep the card, then you should close down the card. So you’re not doing, you’re not doing any manufacturer, spend yourself. Other than just keep It’s mostly just Kiva. Yeah. But that’s just where your minimum spends to get the bonus since. Yeah. Just the minimum spends. And then also, if any of the cards are doing some kind of spending challenge where if it has a special promo of this month, if you spend at least $1,000, you will get an extra 5,000 or 50,000 points or something, then I’m like I didn’t have anything planned for a thousand dollars.

I’m just going to turn it through Kiva. So sometimes I do that. Yeah. 2%, 2% for six months. So 4% a year. Tax-free right, because they don’t tax you haven’t yet actually on this stuff. I don’t know if anybody’s heard of this, but there was. A couple that was churning through like $300,000. In two years, they got cash back and through manufacturer spending and the IRS says they have to pay taxes on it.

So keep that in mind. Don’t go insane. Don’t turn through $10,000 a day or anything like that. That’s why I always encourage, just do the Kiva thing. If you need to meet some kind of minimum spend Or else you could get eventually caught and have to pay taxes on it. But there are people who try to make that their living is just to turn through points and lots of different ways.

I’m of them more legitimate than others and grab the cash back forward. And then they live off of that. But. Everybody who’s listening to this might be thinking, Oh, that sounds like a genius, like efficient thing to do. It is not. It is, you are driving all over town to get gift cards, to turn into money orders.

If your town even still allows this because it’s very location dependent. And so you are driving all over town. Because no store is going to let you just buy $20,000 in gift cards. They’re going to limit you to $500 or something each time. So it gets really inconvenient. You have to go back every day.

And I think a lot of people, when they’re doing this game, don’t take into account how much their time is worth to be driving around the stress of doing this. People do get their cards shut down. They get their bank account shut down the same banks where they might have their mortgage. So that would be very unfortunate.

You could get kicked out of your local Walmart or grocery store. They might just say you’re not allowed to shop here anymore. And that would be very unfortunate. You could get the police called on you. That would also. Very unfortunate. So I know I’ve been there too, because I’m very into the whole optimization efficiency productivity thing.

And it seems like manufactured spending is like the next logical step where you’re like, Oh, I got to sign a bonus. This is the awesome hat. What’s the next step? Is it manufacturer spending? It is not, that is not the next step. The next step is learning how to strategically allocate things and how to learn a word charts to optimize the redemption portion.

That’s the next piece is don’t just keep trying to say, I’m going to earn as many points as possible. Spend time researching how to optimize the points that you are getting at a reasonable rate, fun stuff.

But yeah, I think once people get to, simple passive cashflow, they start to invest in more passive opportunities and get away from being the landlord. It’s where I’m at in my life. Yeah, we’re busy, but stuff is fun. So I’m trying to find that, get back in the game and trying to find that like minimum effective dose that 80, 20, or maybe the 95 five in this case where I can.

Job a little bit more and have some, extra stuff on the side. It’s perfect too, for people who are into house flipping and real estate, because if you have to go to home Depot a lot, or you have to go to Lowe’s or really do anything with home improvement, because you’re doing real estate, you can get a ton of points that way, just from buying different supplies and.

I don’t know if anybody’s maintaining an Airbnb or something like that, but it also opens you up to a whole bunch of the business credit cards, which are really lucrative when it comes to points.

If you guys are gonna spend the money, do it. But you’re not going to spend the money again don’t make the transaction. I think we always have to end with that common sense.

Yeah. Don’t buy things that you don’t need just to get points instead, strategically figure out how to get more points from what you’re already spending and by doing things like the key metrics.

Any last thoughts, and then you want to give your contact information out there?

You can read julia@geobreezetravel.com. My website is geo breeze travel.com. My podcast is the geo breeze travel podcast, and I am most commonly on Instagram, my handle is also geo breeze travel. And if you guys want that email template to get a whole bunch of free upgrades, I’m going to give that to Lane to put into the show notes.

It’s at geo breeze travel.com/download-gifts. And if you go to the website, it’s going to pop up anyway with it. Hey, do you want this thing sign up for it, but I’ll put it in the show notes for you too.

W e’ll put it at simplepassivecashflow.com slash credit card. And if you guys liked this stuff check out tradeline hacking, simple passive cashflow.com/tradelines but have fun with this guys.

Don’t get in trouble but remember your highest and best use is like yet your guys’ day job. I know you guys are fortunate. You may not like it, but it beats flipping houses and having a second job. Thanks for listening everybody. We’ll talk to you guys next time.