Introduction to Miles & Points at the Chicago Seminars 2013

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Million Mile Secrets & Mommy Points show you how to start earning airline miles and hotel points and have Big Travel with Small Money!

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Introduction to Miles & Points at the Chicago Seminars 2013

  1. 1. Introduction to Miles & Points © 2013 Million Mile Secrets, LLC, All Rights
  2. 2. Web: www.MillionMileSecrets.com Email: daraius@millionmilesecrets.com Twitter: @MilMileSecrets Facebook: facebook.com/MillionMileSecrets © 2013 Million Mile Secrets, LLC, All Rights
  3. 3. Daraius “Duh-Rye© 2013 Million Mile Secrets, LLC, All Rights
  4. 4. Summer Hull Mommy Points © 2013 Million Mile Secrets, LLC, All Rights
  5. 5. Web: MommyPoints.com Email: mommypoints@mommypoints.com Twitter: @Mommy_Points © 2013 Million Mile Secrets, LLC, All Rights
  6. 6. (Almost) free travel is not just for a select few, but can be had by many! © 2013 Million Mile Secrets, LLC, All Rights
  7. 7. The Next 1 Hour - Why Collect Miles & Points? - Stuff Nobody Talks About - Earning Miles & Points - Using Miles & Points - Questions? © 2013 Million Mile Secrets, LLC, All Rights
  8. 8. Connect With Relatives © 2013 Million Mile Secrets, LLC, All Rights
  9. 9. Connect With Relatives © 2013 Million Mile Secrets, LLC, All Rights
  10. 10. Connect With Each Other © 2013 Million Mile Secrets, LLC, All Rights
  11. 11. Have Fun With Your Kids © 2013 Million Mile Secrets, LLC, All Rights
  12. 12. Arrive Rested © 2013 Million Mile Secrets, LLC, All Rights
  13. 13. Spread Out © 2013 Million Mile Secrets, LLC, All Rights
  14. 14. Stay Places We Could Otherwise Never Afford © 2013 Million Mile Secrets, LLC, All Rights
  15. 15. ….and eat © 2013 Million Mile Secrets, LLC, All Rights
  16. 16. Why Collect Miles & Points? -  Experiences Last Forever -  Memories with Families & Friends -  Save Money & Time © 2013 Million Mile Secrets, LLC, All Rights
  17. 17. Million Mile Secrets Big Small Travel. Money. © 2013 Million Mile Secrets, LLC, All Rights
  18. 18. Why Collect Miles & Points? Big Travel with Small Money - Save money -  Have experiences you can’t afford -  Save time/less stress for frequent travelers © 2013 Million Mile Secrets, LLC, All Rights
  19. 19. Visiting Emily’s Grandma $600 Flights! © 2013 Million Mile Secrets, LLC, All Rights
  20. 20. Jet Airways First Class Suite $10,000! © 2013 Million Mile Secrets, LLC, All Rights
  21. 21. Flying to London to Propose to Emily! $5,000! © 2013 Million Mile Secrets, LLC, All Rights
  22. 22. Thai First Class Massage © 2013 Million Mile Secrets, LLC, All Rights
  23. 23. Escorted Through Airport © 2013 Million Mile Secrets, LLC, All Rights
  24. 24. A $1,000+ Suite in Bora Bora © 2013 Million Mile Secrets, LLC, All Rights
  25. 25. The Iguacu Falls to Ourselves for 4,800 SPG + $90! © 2013 Million Mile Secrets, LLC, All Rights
  26. 26. Save Time © 2013 Million Mile Secrets, LLC, All Rights
  27. 27. The Next 1 Hour - Why Collect Miles & Points? - Stuff Nobody Talks About - Earning Miles & Points - Using Miles & Points - Questions? © 2013 Million Mile Secrets, LLC, All Rights
  28. 28. Stuff nobody talks about © 2013 Million Mile Secrets, LLC, All Rights
  29. 29. My Goals © 2013 Million Mile Secrets, LLC, All Rights
  30. 30. Travel for 2? © 2013 Million Mile Secrets, LLC, All Rights
  31. 31. Family of 6? © 2013 Million Mile Secrets, LLC, All Rights
  32. 32. First Class? © 2013 Million Mile Secrets, LLC, All Rights
  33. 33. Or Coach? © 2013 Million Mile Secrets, LLC, All Rights
  34. 34. Good Credit? © 2013 Million Mile Secrets, LLC, All Rights
  35. 35. Earn Miles From Business Tra © 2013 Million Mile Secrets, LLC, All Rights
  36. 36. © 2013 Million Mile Secrets, LLC, All Rights
  37. 37. Stuff nobody talks about - Ethics © 2013 Million Mile Secrets, LLC, All Rights
  38. 38. Know your limits © 2013 Million Mile Secrets, LLC, All Rights
  39. 39. Always someone with mor © 2013 Million Mile Secrets, LLC, All Rights
  40. 40. © 2013 Million Mile Secrets, LLC, All Rights
  41. 41. Front Page Test © 2013 Million Mile Secrets, LLC, All Rights
  42. 42. Stuff nobody talks about - Organization - Organization is key! - You will NOT succeed if you’re not organized - Tools to help: • Award Wallet • Yodlee • Mint.com © 2013 Million Mile Secrets, LLC, All Rights
  43. 43. Organization Is Key! © 2013 Million Mile Secrets, LLC, All Rights
  44. 44. Or… © 2013 Million Mile Secrets, LLC, All Rights
  45. 45. © 2013 Million Mile Secrets, LLC, All Rights
  46. 46. Start small and keep it simple. Missed payments = not worth it. © 2013 Million Mile Secrets, LLC, All Rights
  47. 47. Award Wallet For Tracking Miles & Points © 2013 Million Mile Secrets, LLC, All Rights
  48. 48. Yodlee or Mint for Credit Cards © 2013 Million Mile Secrets, LLC, All Rights
  49. 49. Tips to Stay Organized -  Pay Bills Online - Set due dates on the same day -  Set Outlook/I-Phone/Notes Reminders -  Excel Spreadsheet to Track - Sign-up/Cancelled/bonus received/spending © 2013 Million Mile Secrets, LLC, All Rights
  50. 50. Things WILL Go Wrong © 2013 Million Mile Secrets, LLC, All Rights
  51. 51. How You React Matters © 2013 Million Mile Secrets, LLC, All Rights
  52. 52. Know When To… © 2013 Million Mile Secrets, LLC, All Rights
  53. 53. Sometimes “Good Enough” is Enoug © 2013 Million Mile Secrets, LLC, All Rights
  54. 54. Nothing is Certain © 2013 Million Mile Secrets, LLC, All Rights
  55. 55. Hang Up & Call Back Politely © 2013 Million Mile Secrets, LLC, All Rights
  56. 56. Stuff Nobody Talks About - Trade-off - Trade-Offs - Be aware of time invested - Flexible travel dates and routings © 2013 Million Mile Secrets, LLC, All Rights
  57. 57. Stuff Nobody Talks About – Bonus! - Should I collect miles in all programs or just 1? - Flight miles in 1 program - Collect non-flight miles in ALL programs -  Don’t forget hotel points -  Hotel elite status could matter more -  Earning is easy. Redeeming is harder! © 2013 Million Mile Secrets, LLC, All Rights
  58. 58. My Wonderful Wife! © 2013 Million Mile Secrets, LLC, All Rights
  59. 59. Double the Miles & Points © 2013 Million Mile Secrets, LLC, All Rights
  60. 60. The Next 1 Hour - Why Collect Miles & Points? - Stuff Nobody Talks About - Earning Miles & Points - Using Miles & Points - Questions? © 2013 Million Mile Secrets, LLC, All Rights
  61. 61. Earning Miles & Points -  Credit Cards -  Debit Cards - Shopping - Dining - Banking/Investing - Promotions - Asking nicely! - Partners - Flying © 2013 Million Mile Secrets, LLC, All Rights
  62. 62. Earning Miles & Points – Credit Cards The EASIEST way to earn hundreds of thousands of points © 2013 Million Mile Secrets, LLC, All Rights
  63. 63. Earning Miles & Points – Credit Cards 1 MILLION+ miles/points in 2011 & 2012 © 2013 Million Mile Secrets, LLC, All Rights
  64. 64. Only 240,000 Miles to the Moon © 2013 Million Mile Secrets, LLC, All Rights
  65. 65. My Credit Score © 2013 Million Mile Secrets, LLC, All Rights
  66. 66. 5 Dangers of Applying for Credit Cards 1. APPLYING FOR LOTS OF CARDS 2.  NOT PAYING YOUR BALANCE IN FULL 3.  SPENDING MORE 4.  YOUR CREDIT SCORE MATTERS © 2013 Million Mile Secrets, LLC, All Rights
  67. 67. 3 Types of Credit Cards 1)  Transferable Points 2)  Airline/Hotel Cards 3)  Cash Back © 2013 Million Mile Secrets, LLC, All Rights
  68. 68. © 2013 Million Mile Secrets, LLC, All Rights
  69. 69. Transferable Points -  Diversify -  More options -  Chase Ultimate Rewards - Starwood - Membership Rewards © 2013 Million Mile Secrets, LLC, All Rights
  70. 70. Types of Credit Cards – Airlines © 2013 Million Mile Secrets, LLC, All Rights
  71. 71. Types of Credit Cards – Airlines Perks : - Free bags - Priority boarding - Less miles for redemptions © 2013 Million Mile Secrets, LLC, All Rights
  72. 72. Types of Credit Cards – Hotels © 2013 Million Mile Secrets, LLC, All Rights
  73. 73. Hotel Credit Cards - Chase Hyatt - Citi Hilton Reserve - Club Carlson © 2013 Million Mile Secrets, LLC, All Rights
  74. 74. ypes of Credit Cards – Cash Back © 2013 Million Mile Secrets, LLC, All Rights
  75. 75. ypes of Credit Cards – Cash Back -  -  -  1 to 2% on purchases ~5% on categories Easy to understand Good for coach travel © 2013 Million Mile Secrets, LLC, All Rights
  76. 76. Cash Back $5,000 business class ticket = $250,000 spending (2%) 80,000 points on AMEX SPG = 100,000 American Airlines Miles © 2013 Million Mile Secrets, LLC, All Rights
  77. 77. © 2013 Million Mile Secrets, LLC, All Rights
  78. 78. Will my credit score go down? © 2013 Million Mile Secrets, LLC, All Rights
  79. 79. 3 Credit Bureaus FICO Score: 700+ © 2013 Million Mile Secrets, LLC, All Rights
  80. 80. Credit Score © 2013 Million Mile Secrets, LLC, All Rights
  81. 81. Free Credit Score © 2013 Million Mile Secrets, LLC, All Rights
  82. 82. Category Bonuses Are category bonuses worth it? Yes or no? It depends. © 2013 Million Mile Secrets, LLC, All Rights
  83. 83. Category Bonuses •  Ink Bold/Ink Plus 5x: Office Supply stores, cell phone, home phone, internet, Cable •  Chase Freedom 5x: rotating quarterly categories with $1,500 cap (no annual fee) •  Amex PRG: 3x on airfare, 2x gas/groceries •  Amex Blue Cash Preferred: 6% grocery/3% gas (grocery capped at $6K) © 2013 Million Mile Secrets, LLC, All Rights
  84. 84. Category Bonuses – Simple Solution • 2X Travel/Dining • $95 Annual Fee • No Forex Fee • 5X Rotating Categories • Gas/Drugstores/Amazon • ZERO Annual Fee And/Or Chase Ink Bold/Plus/Classic/Cash •  5X Office Supply Stores, Cable, Internet •  $95 Annual Fee/ No Annual Fee © 2013 Million Mile Secrets, LLC, All Rights
  85. 85. Earning Miles & Points -  Credit Cards -  Debit Cards - Shopping - Dining - Banking/Investing - Promotions - Asking nicely! - Partners - Flying © 2013 Million Mile Secrets, LLC, All Rights
  86. 86. Debit Cards -  Suntrust Delta – 1 mile per $1 -  UFB Direct – American Airlines - 0.5 mile per $1 © 2013 Million Mile Secrets, LLC, All Rights
  87. 87. Earning Miles & Points - Credit Cards - Shopping - Dining - Banking/Investing - Promotions - Asking nicely! - Partners - Flying © 2013 Million Mile Secrets, LLC, All Rights
  88. 88. Earning Miles & Points – Shopping © 2013 Million Mile Secrets, LLC, All Rights
  89. 89. 10X on Nordstrom Via Ultimate Rewards Mall - © 2013 Million Mile Secrets, LLC, All Rights
  90. 90. Online Shopping You can “double dip” and take advantage of category bonuses when shopping via a portal. •  Bought Sears e-gift card 16x through portal with Freedom that earned 5x for department stores •  Go back through portal for 16x additional •  Can work with many retailers © 2013 Million Mile Secrets, LLC, All Rights
  91. 91. Use Evrewards.com to Find Best Deal - © 2013 Million Mile Secrets, LLC, All Rights
  92. 92. $1 purchase keeps miles from expiring © 2013 Million Mile Secrets, LLC, All Rights
  93. 93. Dining Rewards Network •  3x – 5x miles per dollar + sign-up and other occasional bonuses •  Current 3,000 mile United promo © 2013 Million Mile Secrets, LLC, All Rights
  94. 94. Earning Miles & Points – Dining -  Airline & Hotels have dining programs -  Sign-up for each and add your card online -  Earn miles for every time you dine -  Won’t go out of my way to eat… © 2013 Million Mile Secrets, LLC, All Rights
  95. 95. Earning Miles & Points – Banking - Bank Direct • 100 AAdvantage miles for every $1,000 up to $50,000 • 25 AAdvantage miles for every $1,000 after $200,000 © 2013 Million Mile Secrets, LLC, All Rights
  96. 96. Earning Miles & Points – Investing Fidelity Brokerage Accounts • United, American, and Delta © 2013 Million Mile Secrets, LLC, All Rights
  97. 97. Earning Miles & Points – Promotion - Social Media - Email Sign-ups -  Watch a video -  Hotel/Airline Promotions © 2013 Million Mile Secrets, LLC, All Rights
  98. 98. Earning Miles & Points – Asking Nicely - Retention Bonuses - Goodwill Adjustments - Providing Feedback © 2013 Million Mile Secrets, LLC, All Rights
  99. 99. Earning Miles & Points - Partners - Car Rentals - Hotels - Flowers - Magazines © 2013 Million Mile Secrets, LLC, All Rights
  100. 100. Earning Miles & Points - Flying - The old-fashioned way! - Two types of miles - Elite & Redeemable - Usually 1 mile per flown mile - Earth’s circumference is 25,000 miles - More miles in First or Business Class (50% to 100%) - Elite miles earn status which gets you perks - Very valuable for frequent traveler © 2013 Million Mile Secrets, LLC, All Rights
  101. 101. Earning Miles & Points - Blogs Read Different Blogs -  Million Mile Secrets -  Mommy Points -  The Points Guy -  Frugal Travel Guy -  View from the Wing -  Frequent Miler -  One Mile at a Time © 2013 Million Mile Secrets, LLC, All Rights
  102. 102. The Next 1 Hour - Why Collect Miles & Points? - Stuff Nobody Talks About - Earning Miles & Points - Using Miles & Points - Questions? © 2013 Million Mile Secrets, LLC, All Rights
  103. 103. Using Miles & Points -  Airline Availability -  Hotels -  Transferable Points © 2013 Million Mile Secrets, LLC, All Rights
  104. 104. American Airlines Partners © 2013 Million Mile Secrets, LLC, All Rights
  105. 105. Airline Availability -  Airline availability on website sucks -  Partner awards are KEY -  Different tools to search for availability -  ANA -  Qantas -  Air France -  Be flexible © 2013 Million Mile Secrets, LLC, All Rights
  106. 106. Airline Availability -  Paid Tools -  Expert Flyer -  KVS -  Award Nexus -  Award Booking Service © 2013 Million Mile Secrets, LLC, All Rights
  107. 107. Using Miles & Points - Hotels •  Don’t forget hotels •  No taxes on redemptions •  Some (Hyatt) waive resort fees •  Many have no blackout days (Hyatt, SPG, Club Carlson, etc.) •  Spend more time in room than on plane © 2013 Million Mile Secrets, LLC, All Rights
  108. 108. The Past 1 Hour - Why collect Miles and Points? - Stuff nobody talks about - Earning Miles & Points - Using Miles & Points - Questions? © 2013 Million Mile Secrets, LLC, All Rights
  109. 109. Email: daraius@millionmilesecrets.com Email: mommypoints@mommypoints.com © 2013 Million Mile Secrets, LLC, All Rights

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