Spend Savvy: Take Advantage of Points to Pay for Your Next Getaway

Spend Savvy: Take Advantage of Points to Pay for Your Next Getaway

In the world of personal finance, savvy spending is all about getting the most bang for your dollar. Whether it’s cash back, travel points or discounts, you want every dollar you spend to work hard for you, helping you reach your financial goals. Luckily, it’s possible to be a savvy shopper and still enjoy a fun trip in the process.guide

Spend Savvy: Leveraging Points to Fund Your Next Getaway

The trick is in the planning. That means dividing up your budget and knowing how far your credit card rewards can stretch. If you’re a member of the Chase Ultimate Rewards program, for example, you can redeem your miles and points for a variety of different aspects of travel, including hotel stays, airfare and tour activities.

Whichever option you choose, it’s important to shop around and compare rates before booking. That’s true even if you’re using cash, as you can often find better deals on airfare or hotel stays if you do the legwork and shop around.

Lastly, don’t be afraid to save up for the vacation you really want. Set a savings goal, track it with a tool like Summit’s Climbr, and use the cash you save each month to help fund your dream getaway. Then, you can make sure your money works for you — without any of the stress and guilt that comes with blowing your budget. The point of a vacation is to have fun, explore new places and spend time with loved ones.