This is a question that has been asked to me for a long long time. Ever since I got into the Miles & Points world in the late 2000’s, I’ve been fascinated by the kind of things that you could do with the power of travel loyalty by your side.
Most people are always wondering how I travel so much, and I’m out and about exploring new places.
There are a few considerations I’d like you to take into account for this. First, I travel for work. Those trips are usually the ones where I fly over, get my work done and get out. Then, there are the leisure trips. Weekend getaways where I get out to see a destination with my family. And then, there are the long trips where I spend time away from home for a while.
So, while a part of my travel expenses are company reimbursed, a lot of it comes out of my own pocket. And we consciously work towards reducing our travel bill, while taking in the experience a to a whole different level sometimes. All that by exploring the tips and tricks of travel loyalty, and their associated gear. You can too!
Welcome to the world of miles and points
Last year, I got married. It was a busy year. To spend quality time together, me and my wife decided to take a few weeks off and travel to another corner of the world. We travelled First Class from Mumbai to Los Angeles without breaking the bank. We got back from New York to Mumbai in the classiest First Class product in the world right now as well. While it retails at USD 13000, it only costed me USD 5.6 per passenger in taxes, only! All that, and tons more.
All that was made possible by the strategic use of airline miles, hotel reward points and credit card benefits, due to which, we could spend more money out of pocket on making our experiences count (such as dining at a Michelin Star restaurant) rather than travel in economy class and pay out of pocket for hotel rooms all over the place.
By indulging yourself in the habit of collecting miles and points, you are not going to obviate the need for cash, but you’ll certainly be able to use less of it towards the basic necessities of travel: tickets and stay costs. Much less I’d say. You could use that money towards more experiences or just use it towards another trip at a later date.
How to do it?
You don’t have to be a consultant to be waking up in a different city every day to earn miles and hotel points. (Consultants, take it easy please!). There are so many opportunities these days to earn miles and points, without travelling. You could do so with organizing your spending better, for instance. There are tonnes of credit cards which earn you credit card rewards which can be transferred to various mileage programs. There are tonnes of opportunities to earn miles and points even without business travel.
In the coming days, we’ll try and cover a few aspects of miles and points which will bring you up to speed for travelling better, without breaking the bank!
Which means, you could get out more often, or get out more luxuriously, or perhaps both!