383: 10X Travel Hacks: Travel at a Discount (or For Free) Using Manufactured Spending, Churning, Credit Card Rewards, and Travel Points with Bryce Conway

Bryce Conway is the founding editor of 10xTravel and the Author of Takeoff: How to Travel the World for Next to Nothing. He writes about travel, personal finance, and entrepreneurship. If you'd like to hear about travel hacks (how to travel at a massive discount) then listen in to today's stories and strategies.

Quotes:                                                                                                                                   

“The reason these bonuses exist is because most Americans, statistically, have a significant amount of credit card debt and are paying a large amount of interest on it. That's financially a really bad move.” – Bryce Conway

“Your credit score is almost certainly going to improve by opening more cards and using them responsibly. Of course, the emphasis is on using them responsibly—don't change your lifestyle at all.” – Bryce Conway

“People don't realize the huge upside of the points they have. They end up cashing them in for really poor redemptions.” – Bryce Conway

Takeaways:

04:00 Travel hacking can dramatically reduce travel costs by strategically using credit card rewards and points.

11:10 Credit card sign-up bonuses can provide significant travel opportunities with minimal out-of-pocket expenses.

12:51 Responsible credit card management is crucial when pursuing travel rewards to avoid financial pitfalls.

16:39 Start small by learning from online communities and resources before diving into complex travel point strategies.

22:01 Always research and maximize the value of your travel points to get the most beneficial redemptions.

Resources

Podcast: Play in new window | Download (Duration: 25:58 — 23.8MB) | Embed

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Filed in: Archive 2: 2017 • Interview • Podcast • Travel

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