This Costly Expense Kills Your Savings!
This video covers how much flying is really costing you and how you can reduce your expenses when traveling. - Enjoy! Click "Show More" to see Ad Disclosure
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✈️ Travel Credit Cards To Consider ✈️
Chase Sapphire Preferred® Card ($95 Annual Fee): https://dannysully.link/MVSapphirePre...
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American Express® Gold Card ($325 Annual Fee): https://dannysully.link/AmexGold
Capital One Venture Rewards Credit Card ($95 Annual Fee): http://dannysully.link/Venture
Capital One Venture X Rewards Credit Card ($395 Annual Fee): http://dannysully.link/VentureX
💳 Cards I Recommend To Build Credit & Get Points (No Annual Fees) 💳
Capital One SavorOne Cash Rewards Credit Card: https://dannysully.link/SavorOne
Blue Cash Everyday® Card from American Express: https://dannysully.link/BlueCash
Chase Freedom Unlimited®: https://dannysully.link/MVFreedomUnli...
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⏰ Timestamps ⏰
00:00 Intro
00:36 Flight Costs
04:07 Expenses Beyond Flights
05:27 Opportunity Cost
07:46 How To Reduce Expenses
📝 What is the 50/30/20 rule?
The 50/30/20 rule is a budgeting guideline that helps you allocate your income in a balanced way. According to this rule, you should spend 50% of your after-tax income on needs, 30% on wants, and 20% on savings and debt repayment.
What are some common benefits of travel credit cards?
Rewards Points/Miles: Earn points or miles for every dollar spent, which can be redeemed for travel expenses or other rewards.
Sign-Up Bonuses: Many travel credit cards offer a large bonus of points or miles if you meet a spending requirement within the first few months.
Travel Insurance: Coverage for trip cancellations, lost luggage, or travel delays, depending on the card.
Airport Lounge Access: Complimentary or discounted access to airport lounges for a more comfortable travel experience.
No Foreign Transaction Fees: Avoid extra charges on purchases made outside your home country.
Travel Perks: Discounts on hotels, car rentals, and other travel services, as well as benefits like priority boarding or free checked bags.
What is a high yield savings account (HYSA)?
A high yield savings account is a type of savings account that offers significantly higher interest rates compared to traditional savings accounts, helping your savings grow faster.
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This video may contain links through which I am compensated when you click on or are approved for offers. The information in this video was not provided by any of the companies mentioned and has not been reviewed, approved, or otherwise endorsed by any of these entities. The content on this page is accurate as of the posting date and some of the offers mentioned may have expired.
Danny is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as MileValue.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers.”
Disclaimer: This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.
