Three Money Lessons From My Hawaiian Vacation
Recently I took my first trip to Hawaii. It’s officially the furthest West I’ve ever been.
And it wasn’t just me. My wife and three kids were right there with me. For most of the trip, we were traveling alongside another family of five.
Specifically, we went to one particular island on the Hawaiian archipelago called Kauai.
It was an amazing trip. It was also a very expensive trip.
Since I write about money, the financial side of the trip was of great interest to me. I’ve spent some time thinking about the lessons I learned and there are three that I definitely want to share.
1. Miles and Points Are Amazing
My take on credit cards is that they are both dangerous and essential.
They are dangerous if you don’t know how to use them and get yourself into debt. They are essential because they are by far the best and safest way to pay…and you get bonuses just for using them.
Sometimes these bonuses are in the form of cash back. Other times they are rewards points or airline miles.
My favorite flavor of points are the Ultimate Rewards Points from Chase. You can use these for cash back, but that’s the least profitable way to redeem them. If you book…
