• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trading Heroes

Trading Heroes

Forex Trading Education

  • Articles
  • Products
  • About
  • Login

Travel Hacking Guide for Traders: Travel the World for Cheap

This is something that I hear from traders all the time. They want this one thing...find out what it is in this post.

Home / Trader Life / Travel Hacking Guide for Traders: Travel the World for Cheap

Last updated: August 11, 2022
By Hugh Kimura

I love to travel. I've shared my experiences traveling to places like Hawaii, Poland and Estonia.

Since you want to learn to be a successful trader, you probably have a similar goal.

But why wait until you are a successful trader to travel?

Travel Hacking Ideas

You can get started with this right now and you don't have to be rich to do it. You just have to change your mindset a little.

It is all about figuring out how to collect miles in the normal course of your everyday life.  It is not only about collecting credit card miles either.

That is certainly part of it, but there are also many other ways to collect miles…

RELATED: Positive affirmation tracks to reprogram your subconscious

What is Travel Hacking?

The definition of Travel Hacking:

Travel Hacking is the process of accumulating airline miles, rewards points and using other strategies to make travel as cheap as possible. Airline tickets, hotel rooms and other travel expenses can many times be reduced to almost zero.

This post is only meant to be an introduction to the topic, so if you want to find out more, there are some resources at the end to help you get started.

Taking Surveys

The whole taking surveys for money is pretty sketchy. The way that it works is that you take a survey and are entered into a drawing for a cash prize. Of course you never win and it turns out to be a gigantic waste of time.

But taking surveys for miles has been different, in my experience. When you finish a survey, you get your miles, it's as simple as that. The number of miles that you get varies by survey, but I have received as many as 300 miles for one survey. Here is some of my recent experience with Opinion Miles Club.

award-miles

It's not a ton of miles, but it adds up. Again, this is just one way that you can get miles without flying.  To get 350 miles, took about 20 minutes. If I had to get those miles through a purchase on a credit card, I would usually have to spend about $350, so it's not bad for a few minutes of work.

I have also been with E-Miles for awhile. They don't give out a whole lot of miles, but it can be worthwhile if you come across something that you were going to purchase anyway or a charity that you would like to support.

I've probably made about 1,000 with this website so far.

Credit Card Offers

You probably know this one already, but if you sign up for a new credit card offer, you can get 25,000 or maybe 50,000 or even 100,000, just for signing up.  Then every time you make a purchase you get a certain number of miles for each dollar spent.

This is not for everyone, you have to have the credit to be able to qualify for a card and you have to manage your balances responsibly. But if you can do that, the miles can add up very quickly.  Charge as many everyday items as you can on your card and use your cash to pay it back.

Mileage Arbitrage

Did you know that you can earn miles on one airline, then use them on a partner airline for a higher value? For example, US Air is probably one of the worst airlines in the world.

But they are very generous with their airline miles. They hold promotions a few times a year where you can really load up on miles for very little money.

But you are probably wondering why you would want miles on a crap airline.  Well, the reason is that US Air is part of the Star Alliance and you can redeem those miles with other partner airlines.  From what I've been reading, Asian airlines provide a better value per mile and are a good use of your US Air miles.  But do your homework because things do change.

Shopping Rewards

This method does not require a special credit card, just some planning.  Most major stores such as Best Buy and The Apple Store offer miles when you purchase through the airline website.

For example, I like to accumulate United MileagePlus miles.  So before I purchase something, especially a bigger purchase, I check the United MileagePlus site.  As you can see from the screenshot below, there are tons of opportunities to earn miles and you can earn 4 miles per dollar spent, or more.

mileageplus-rewards

There are also rewards programs that just require you to hook up your existing credit cards to your account and every time you purchase something from one of their partners, you earn miles.  It works for restaurants, gas stations and more.

Manufactured Spending

There is also a way that you can use your debit card (which has mileage rewards) to purchase cash equivalent cards, like AmEx BlueBird Vanilla Reload Cards.  Then you use your BlueBird account to pay your bills, or anything else that would not be easily paid with a debit card.

It can be a complicated and slightly risky process, so be sure to read up and understand the risks before you try it.

And More!

There are other methods of Travel Hacking that appear and disappear every day, so keep an eye out for new opportunities.  The resources below can be a great way to stay up to date.

Resources

Interested?  Here are some resources that can help you get started.

  • Travel Hacking Cartel –  This is how I first learned about Travel Hacking.  It is a paid service, but it will help you stay on top of the latest opportunities.  If you join, you can also earn miles by referring people to join the site (like I do).
  • FlyerTalk – One of the largest blogs and forums when it comes to Travel Hacking.
  • Million Mile Secrets – Daraius Dubash has earned millions of miles and hotel points, without flying or staying in hotels.  Find out how he does it.

Conclusion

These strategies can earn you a lot of miles, but there is a downside. Do not spend more than you can afford, be sure to read the fine print and always, always pay off your credit cards so you do not get into debt.

When handled responsibly, you can take the vacations of your dreams without winning the lottery, getting a raise at work or being a baller trader.

It does take some time to learn these strategies, but once you do, it can open up a whole new world for you.  I'm just learning myself, but I'm just like you…I want to learn to trade so that I can see the world.  Travel Hacking can make the travel part easier.

To keep up with my travels, be sure to follow me on Instagram.

Related Articles

  • Trading resourcesFree Forex Education and Resources for Beginners
  • Happiness in lifeThe 7 Trading Training Steps of Professional Forex Traders
  • Top privacy cryptocurrenciesThe 2 Top Privacy Cryptocurrencies
  • The Future of CryptocurrenciesWhy the Future of Cryptocurrency is in Consolidation
  • Computer backup driveHow to Backup Your Trading Computer
  • How To Trade Forex For BeginnersHow To Trade Forex For Beginners
  • Man stretching9 Simple One-Minute Stretches That Can Keep You Loose And Alert While Trading
  • I Eat a Bear (and Live to Tell About It)I Eat a Bear (and Live to Tell About It)

Category: Trader Life Tag: Travel Experiences

About Hugh Kimura

Hi, I'm Hugh. I'm an independent trader, educator and researcher. I used to work at a hedge fund and the largest bank in Hawaii. Now I help traders optimize their trading psychology and trading strategies. Learn more about me here.

Nobody understand everything. Double check your assumptions. Double check others.
You only need 1 really good trading strategy. Focus.

Primary Sidebar

Trading Guides

The Ultimate Beginner’s Guide to Forex Backtesting

How to Figure Out Your Trader Personality Profile

The Forward Testing Guide for Beginners

How to Create a Precise Trading Plan (with PDF worksheet)

Learn the weird trading method that doesn't use stop losses...

Forex Hedging Guide
FREE Guide
Download Now

Footer

Company

  • Trading Courses and Education
  • Trading Blog
  • About
  • Contact
  • Beware of Imposters

Community

  • YouTube
  • Twitter
  • Instagram
  • Facebook

Tutorials & Guides

  • Best Trading Resources
  • Free Forex Trading Course for Beginners
  • Free Backtesting Guide for Beginners
  • Trader Personality Profile
  • Best Trading Books

Articles

  • Backtesting
  • Podcast
  • Trader Life
  • Trading Psychology
  • Trading Software Tutorials
  • Trading Strategies

Trading involves risk and can result in the loss of your investment. Invest at your own risk. Past performance does not guarantee future results. All information on this site is for informational purposes only and is not trading, investment, tax or health advice. The reader bears responsibility for his/her own investment research and decisions. Seek the advice of a qualified finance professional before making any investment and do your own research to understand all risks before investing or trading. TrueLiving Media LLC and Hugh Kimura accept no liability whatsoever for any direct or consequential loss arising from any use of this information. You are 100% responsible for your losses...and gains. You are more powerful than you know, keep expanding.

 

Copyright © 2007–2023 TrueLiving Media LLC | Terms | Privacy | Risk

Learn Zen8 Forex Hedging

Hedging can be a low-stress and consistent way to trade. Enter your email and I'll send you the FREE guide. 

x