Leveraging Luxury? What does that even mean?

Do you dream about traveling and getting a break? I mean, I think we all do! As you sit there and ponder your dream vacation, you might think it would be great, but how will you pay for this trip?

What if you used your credit card points for all of the trips you ever wanted to take, and SAVED money for you and your family? Yep, you heard me right. This isn’t a scheme, it’s a mentality shift! Let me explain…

So first off, you were probably told at some point in your life that credit cards were bad. If you haven’t, you’re probably one of the few. Yes, credit cards can be “bad” when they are used the wrong way. Yes, you can get into tons of debt from living your best life on credit cards. Sure that can happen, but if you use them correctly, you can open up a new world of experiences!

To do this, I open up credit cards when I have a large purchase coming up. For example, when my son was born, I had that dreaded hospital bill that I needed to pay for. Knowing this payment was due, I knew I wanted to open the Capital One Venture X card because you can NOW use your points for Disney hotels! My family and I are turning into a bit of a Disney family and we love doing staycations, so this was a bonus! I decided to open the card and pay for the hospital bill in full. By doing this, I got SO many free points that I could take my family to the Wilderness Lodge for a full weekend for FREE, and then have points left over. So just by paying for something in
my daily expenses, I got a free trip for my family.

The key point to remember is:

• I paid off the card immediately by transferring the funds from my savings to my CC. To avoid any “interest” you need to pay off the card before the statement due date, otherwise this would prove credit cards are bad because you are paying interest!!