Introduction:
Having a clear strategy is essential for staying on track and making sound decisions. By setting specific goals, you can ensure that every step you take aligns with your objectives.
As we often emphasize, our approach focuses on seizing easily accessible opportunities. This means consistently adhering to three core principles:
- Everyday Points and Rewards
- Being Mindful of Deals and Discounts
- Staying Diligent on Personal Finance Goals
Our approach to this “hobby” is divided into different Levels, which serve as guidelines. These levels fluctuate based on our current goals, financial considerations, and the availability of credit card offers. Flexibility is key, as circumstances may warrant shifting between levels.
Our Strategy – January 2025:
At the moment, we find ourselves alternating between Level 3 and Level 4. With ambitious plans for both 2025 and 2026, our focus is on leveraging credit card sign-up bonuses. Here are two primary goals driving our strategy:
- Planning the Honeymoon for Early 2026: Our future daughter-in-law and son are set to get married. Since their engagement in early 2024, we’ve been helping them earn points and earning points ourselves to help make their honeymoon a memorable experience.
- Another European Adventure in 2026: Following our incredible trip to Europe in April 2024—which felt like a once-in-a-lifetime experience—we’re eager to plan another unforgettable journey in 2026.
Staying Grounded in the Basics:
To stay aligned with our goals, we remain committed to the fundamentals:
- Maximizing Everyday Rewards: We continuously seek opportunities to earn points and rewards in daily life, keeping deals and discounts top of mind while maintaining focus on our financial goals.
- Leveraging Credit Cards for Rewards: We’re enthusiastic about using credit cards as a tool for earning rewards. While this strategy offers significant benefits, it requires responsible management to avoid potential pitfalls.
- Optimizing Credit Card Usage: When we’re not actively pursuing a sign-up bonus, or when we’re close to meeting one, we ensure that our purchases are made using the card with the highest earning potential for specific merchants.
Our strategy emphasizes thoughtful planning and disciplined execution. By staying flexible and focused, we’re able to pursue our travel and financial goals efficiently and effectively.
