There is a reason that I rarely pay for flights anymore, and it's not just because I have oodles of points.
It's because holding onto my points is like keeping my money in a checking account. Inflation devalues that money year after year and I'm getting absolutely no interest.
This is the problem with holding onto points. Unlike money, points can't be transferred into a high-yield savings account where they grow in value over time. AND the companies giving you the points are continually devaluing them year after year by increasing the number of points required to redeem for free flights and hotel stays.
Points are money, and you have to start treating them like it, because you're literally giving up free money to earn points. This is also why it's critical that you don't redeem points for a 1% redemption rate, because you're losing money every time you do that – and you probably don't even know why.
Lucky for you, I'm here with all the answers. 🫡
