I remember a few years ago, I listened to a talk by a successful CEO that managed to bring his startup to a very well-known institution through out the world. I am really impressed by his works. Once an Arabic Language teacher in New York that managed to create an online platform to teach people around the globe Arabic. He talked a little bit about how he managed his life and time, then he suggested a book call “The 4-Hour Workweek by Timothy Ferriss”
So, I went online and search for this book. Managed to get a copy and I started reading it. This was probably the first book that introduced me the concept of financial freedom. I was still young at the time, still in the early days of my university life, so the thought of preparing for my retirement, creating passive incomes or even planning for my life finance are literally never across my mind. But, I am glad that I picked this book that greatly improved my financial intelligence and awareness.
If I were to sum up this book without giving out spoilers, I would say that Timothy Ferriss is a very successful entrepreneur that having a lot of business online. He outsourced most of his job to people that do freelancing work abroad maybe at sites like Fiverr or Upwork.com. He managed to hire a virtual personal assistant that he paid very little (relatively in his local currency – USD). He is a smart guy, he knows how to leverage the value of US Dollar; A dollar in the US may worth so much more in countries like India, Indonesia, and other eastern and South American countries. In short, he managed to earn a lot and have just 4-hour workweek but still making a substantial amount of money though his business. The key is – leveraging currency exchange and outsourcing most of his works.
However, the one thing that really attracts my interest is the way he expressed his lifestyle. Although people may be annoyed by his writing style; bragging about the lavish life he currently has, I just feel so inspired and really want to gain my financial freedom like Tim Ferriss. He is able to travel to wherever he wants and whenever he want it! Oh my goodness! For a travel junkie like me, I just wish I can live the life of Tim Ferriss. After all, who does not want to travel for free right? It is my ultimate dream to gain my financial freedom, not for the sake of retiring and do nothing, I just want to be able to quit my day-to-day job and travel the globe and experience other cultures.
How to get a FREE Vacation?
So that is the big question? If I have that online business like Tim Ferris, I may have followed his foot steps and start booking my flight ticket now. However, sadly, it may be something that is not practical as I live in Malaysia and it is hard to outsource my works to other countries with lesser cost. Malaysian Ringgit is doing really bad at the moment, so I do not have the option to leverage my currency like him. For you that maybe reside in the US or any western countries with a stronger currency, you might want to grab Tim Ferriss’ Book and learn how to start building you wealth Tim Ferriss’ way.
So, I made my research again and finally came across another concept known as Award Stacking. As you know, the biggest expenditure on every travel plan is the Airline Ticket. The airplane fare will cost us the biggest chunk of our money especially when we plan to travel to countries to the far east or far west (like my situation). Although airlines have marketed their tickets competitively and give offers regularly, some people just could not afford to travel. We don’t have that luxury. Once we passed the hurdle to get the flight ticket and be in the desired country, then the money you need to survive is considerably very less.
For example, if you visit Kuala Lumpur, for affordable accommodations, you can find cheap hotels with great location and amenities, you can do free stuff, you can eat your way through Pasar Malam and other street food carts, and all of these cost you very little. After all, Malaysia is fairly a cheap destination especially if you have a strong currency like US Dollar or Great Britain Pound. You can practically be the rich man here!
What is Award Stacking
So, when I did my research, I stumble across this method named as “Award Stacking” by flyfreeacademy.com. It exploits the loophole which many airlines have – The frequent flyer program! It is a way pioneered by a former travel agent that he marketed through his website – flyfreeacademy.com. This method works on 63 airlines in the world and applicable for both international and domestic flights. If I were to summarize it all, the key to this whole process is to find the right credit card that offers free air-miles. There are plenty of them in the market today.
So, to summarize it all, the whole process only need you to go though seven steps. Yes, I know, you have to work for it a little bit, there is no such thing that really ‘Free’ in this world. If you find one, then it probably a scam! Ironically, this is the post that teaches you how to travel for free right? Hold on, bear with me for a sec. So, here are the steps that you need to follow to attain your free vacation.
Step 1 – Transform or improve your credit score (fast!)
By signing up to the program offered by flyfreeacademy you will learn how to improve your credit score fast. They will introduce credit factors that credit card companies emphasize and most importantly guide your way to building your credit ratings. The best thing is, you can do this while getting free vacations! So, I would say, if you have several credit cards or if you are now overwhelmed and handcuffed by your credit cards debt, at least you will be able to learn how to settle those problems one at a time.
Step 2 – Learn about the frequent Flyer Cards and Points
Upon building up your credit rating, you will learn about the different kinds of frequent flyer programs and how to identify the best credit card that suits the purpose – getting a free vacation.
Step 3 – Apply for credit card
Then, it’s time to apply for the suitable credit card, but first, they will guide your thoroughly how to double your chance to get the approval. And, the best part is they will teach the way how to get the business credit cards that often have very high mile bonuses through every purchase you made by using the cards.
Step 4 – Hit the spending requirement and unlock bonus miles points
After all the hard works, then it is time for the most integral part – Unlocking your bonus miles! Without these points, you will not able to get your free travel. Most credit cards company will, for example, need you to “Spend $2,000 in 90 days to unlock 50,000 miles”, and for your information, 50,000 is enough for a round international trip. They will guide you how to earn those points and hit the spending requirement without having to add additional expenses to your life. The thing to learn here is to convert your typical cash transaction into buying or paying through credit cards in order to earn miles. Sounds exciting right?
Step 5 – Eliminate all hidden fees
Afterward, you will learn the way how to waive the fees imposed by banks and airlines. Obviously, some credit cards will have certain fees to it, and some airlines will charge you the airport or fuel surcharges and other hidden taxes. This means, even if you spend you air miles, you will still need to fork out some money to pay for these taxes and charges. Throughout the course, they will teach the way to eliminate all of these things and make your flight truly free!
Step 6 – Book Flights
Then, it is time to start your booking, using solely your air miles. However, I honestly think this is where the expertise of the founder which was a former travel agent come to play. He will lead the way on how to book your flight effectively – the best website, the best times to book with miles and how to book with airlines that you are not a part of their frequent flyer program.
Step 7 – Advanced Strategies
Lastly, as a bonus section, you will learn how to further leverage your experience and learn other tips about booking the flights at no cost. Even buying fight by using air miles needs some strategies, therefore the course will help you buying it in the best possible situation.
All of these might seem too much work for right. But if you really want to travel for free and start to visit those exotic vacation spots, you might want to try out this course to learn more about it.
Lastly, to conclude everything and to answer the question that I raised in this post; the answer is to exploit airlines frequent flyer program by earning miles though credit cards. If you really serious about wanting to travel with no cost, I highly suggest you learn it more at flyfreeacademy , you will be greeted with the introduction video to further explain the whole process.
Please remember though, once you have enough mile, do not forget to visit Malaysia!!