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9 Tools to Help You Use Your Airline Miles

9 Tools to Help You Use Your Airline Miles

Earning frequent flyer miles is one of the easiest ways to get super cheap or almost free travel. Whether you’ve been racking up the miles from flying, credit card bonuses, or e-shopping or dining programs, there are many great resources for learning about the best deals and ways to earn tons of miles. But that’s only half the battle. After getting them you have to learn how get the most from them and there are some helpful resources out there to help you maximize your miles and book award flights. Here are nine of the best air miles booking tools:

1. ITA Matrix Software

The ITA Matrix is one of the best places to start looking for award tickets. You can’t book directly through the website, but with the information you gather from the ITA Matrix, you can book the itinerary you want through the airline’s award program. The ITA Matrix starts off like any other flight search engine website, but once you get the hang of it, you can create more sophisticated searches like specific number of connections, airlines you want to exclude in the search, the length of your connection, etc. Once you find the flight schedules you like, write down the flight numbers, the connection times and the name of the airlines. The next step would be to call the airline to make the award reservation using the information you found.

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2. Great Circle Mapper

Some awards charts are distance-based, so knowing the number of miles you plan to fly is important. The Great Circle Mapper is an excellent tool to help you figure out the total miles that will be flown per segment. This way you can visualize which destinations you may need to modify or eliminate based on the cost of the awards.

3. Award Chart Comparison

Not all mileage programs are created equally, and to know how far airline miles can take you will you help you figure out which miles to focus on earning. The Award Chart Comparisons provide a great visual to compare how far miles from each major airline’s mileage program will take you, whether it’s for First Class or Economy. For example, for one airline it may cost 60,000 miles to fly to Europe from North America, whereas with another it may cost 80,000 miles. This way you can determine where you may want to fly, spending the least amount of miles.

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4. Wikipedia

It may or may not surprise you that Wikipedia made the list of top award-booking resources. Wikipedia serves as a tool that provides information on where airlines have their hubs, what airlines are within the routing network, and who they have codeshare agreements with. This all is useful for creating stopovers or connections through specific destinations and maximizing your award experience. To find the information, just look up the specific airline on the Wikipedia search bar and click the link on the “Destinations” section.

5. Award Mapper

Beyond the world of airline miles, there are hotel awards for free nightly stays. If you’ve been racking up points for stays at different properties, but don’t have the time or patience to look for award nights at every single possible property, Award Mapper will help you get it done all at once. Award Mapper uses Google Maps by locating the property and the amount of points you need for an award night. Miles and Points blog, DoverTime goes into detail on how to book a free night using Award Mapper.

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6. Google

The almost obvious solution to any question is to “Google it” and the same holds true for award booking. Create a Google search between two destinations you plan to depart from and arrive at, then after you get search results switch over to the “Flights” tab. You’ll receive a schedule at the cash value, but it’s a quick way to see what flights are available, flight numbers, days of the week the flight departs, and departure and arrival times.

7. Mile.Biz

Mile.Biz is useful for planning and comparing the amount of miles required for specific routes and airlines. This is a unique feature because other tools don’t specify the amount of miles that are required to book an award. The biggest drawback is that is does not take into account situations when you use miles to book awards on partner airlines.

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8. KVS Tool

If you are airline code savvy and are willing to spend $35 to $75 for a yearly membership, the KVS Tool offers very sophisticated and detailed award information. The KVS Tools shows visa information, award availability and routing information for Star Alliance, Oneworld and SkyTeam.

9. ANA’s Mileage Plan

The ANA Mileage Plan award booking site is a great resource for finding Star Alliance award availability, which isn’t always easy to locate for the 29 airlines. Typically, if you’re looking for Star Alliance availability, you would look for awards on United Airlines’ site, but United doesn’t always publish all of its availability. ANA’s site is free, but you do have to create an account to find results for partner airlines. You wouldn’t make your award reservation through the ANA website if you’re using United miles. You would use the website to collect flight information, then call United’s reservation line to finalize your itinerary.

Featured photo credit: Angelo Cueva via flickr.com

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Published on January 8, 2021

How To Pay Off Credit Card Debt Fast: 7 Powerful Tips

How To Pay Off Credit Card Debt Fast: 7 Powerful Tips

Ever wondered whether your credit card debt is the reason you’re in a bad financial situation? You can’t enjoy any fun activities because a good chunk of your money goes toward debt payment. Heck, you’re even behind on some of your monthly bills.

The effects of clumsy debt management are too many to list here. This guide is going to help you discover how to pay off credit card debt fast and start chasing your financial goals.

Debt problems are the last thing anyone wants to encounter. But things can get out of hand when all the “little debts” you take accumulate in interests.

What if you knew some simple and proven ways to be debt-free quickly? Implementing them would mean better financial health for you. It becomes possible to free up cash for your “wants.” These include taking a trip or buying something you’ve always desired. All that while paying your bills on time!

Let’s not wait any longer. Here are 7 powerful tips for paying off credit card debt fast:

1. Pay More Than the Minimum Credit Card Payments

Many people only pay the monthly minimum on their credit cards. Truly, that’s the right amount for staying on good terms with your credit card company. But you need a different approach if you’re looking to achieve financial independence within a short time.[1]

Most of your payments go toward interest costs when you only pay the minimum amount. A substantial sum of your balance remains standing. As a result, it becomes more expensive to eliminate your debts.

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You don’t want to wait more than 10 years to get rid of debt while it’s possible to do it sooner. All you have to do is double that $100 minimum payment to $200 or go higher.

The good thing is that minimum credit card payments are affordable in most cases. By paying a higher amount, you reduce your interest costs, lessen your borrowing period, and boost your credit score.

2. Start With High-Interest Credit Card Debt

If you have more than one credit card debt, prioritize putting the extra money toward the ones with the highest interests. This debt pay-off strategy, known as the debt avalanche method, is essential for being debt-free quickly.[2]

First, you need to list down all the credit card debts you have in the order of their interest rates. Next, you choose the one with the highest interest and pay a significant amount toward it each month. It can be an amount twice or even thrice larger than the minimum payment.

At the same time, you make monthly minimum payments on the other debts. Their interest charges won’t be as costly as that of the first debt on your list. You only move on to the next high-interest debt after the first one is gone. Remember that your focus is on the interest rates and not the balances.

3. Revisit Your Budget

Budgeting is useful for tracking your financial moves. Once you create a budget, some tweaks along the way can make it work for you better. One situation that requires you to revisit your budget is when you’re struggling with debts. It might hurt a bit to slash some expenses. But you also don’t want to miss out on achieving financial freedom in the long run.

You can reduce some variable expenses to free up more cash for credit card debt payments. They’re the ones that change from time to time. Some examples are groceries, fuel, and clothing.

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Other opportunities for cutting down your spending lie in non-essential expenses. Instead of dining out all the time, you can cook at home more to save money. You can also share some subscriptions with friends and pay a fraction of the cost.

If you’re determined enough, you can eliminate all your unnecessary expenses and focus on paying off your credit card debt first.

4. Avoid Using Your Credit Cards

Do you want to know how to pay off credit card debt with a low income? One simple way is to stop using them. Having your credit cards everywhere you go means that you’ll be more tempted to buy unnecessary stuff. In this case, you spend money that you don’t really own and get deeper into debt.

The quickest fix to stop the debt build-up is spending with cash. You’ll be more aware of everything you can afford at any particular time. If you decide to keep one or two cards to ease the transition, always make wise choices. For instance, only use them when experiencing financial difficulties.

It’s best to categorize your fun activities under “discretionary spending” in your budget. This way, you won’t need more debt to kill your boredom. By halting your credit debt from accumulating, it’s easy to pay down what you already owe and be happy with the progress.

5. Start a Side Hustle to Boost Your Income

You’re probably turning away a lot of money by not monetizing your skills. Everyone has something that they’re good at doing. And you can use that to generate extra income for attacking your credit card debt.

If you look around your neighborhood, you can find several side hustle opportunities. It can be pet sitting, tutoring, or lawn mowing. You can start an online business by offering services such as digital marketing, content creation, and web development. Such skills go in high demand on freelance sites and job boards.

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Finding clients on social media is also a good strategy to utilize your skills and make more money. Facebook groups, Quora Spaces, and subreddits are some places to look for side jobs. You only have to join a niche-specific platform, share your services, and respond to any opportunities.

It’s possible to learn a skill, practice it, and earn from it. Use the free resources online or purchase some e-courses to get started.

6. Sell Your Used Items for Extra Cash

Starting a side hustle isn’t the only way to generate extra money. You can turn unwanted items into cash for paying off credit card debt. Whether it’s an old TV, book, or furniture, there is always someone itching to buy your used stuff.

A garage sale, as much as it’s old-fashioned, is perfect for getting your neighbors and passers-by to buy from you. You keep all the money because there are no business permits or taxes involved. While you may not make much cash, it’s better than leaving your stuff to go defunct in your storage.

Other than that, you can sell your used stuff on online marketplaces. Facebook groups are great places to start if you want quick approvals and hence sales. You only have to ensure that your listing follows Facebook’s commerce policies.

When selling any pre-owned items online, ensure they’re in good shape to avoid problems with your buyers.

7. Know When to Seek Help With Your Debt

Asking for help with your credit card debt can be challenging to do. But letting it drown you is a road you don’t want to take. While you may feel embarrassed at first, it’s the best way to get back on track when you run out of options.

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There are tons of non-profit credit counseling organizations that can offer you free guidance on how to escape the debt trap. An example is The National Foundation for Credit Counseling. They simply review your finances and help you determine the source of your financial problems. After that, they match you with an actionable debt management solution.[3]

In extreme cases, the debt solution can be:

  • Debt relief – where your debt is partially or wholly forgiven
  • Debt consolidation – taking out one loan to repay others
  • Debt settlement – the creditor forgives a significant portion of your debt
  • Bankruptcy – legal process for seeking relief from some or all your debts

It’s necessary to carefully weigh your options before deciding on the way to go. Find out how it might affect your credit score and any other risks.

Wrapping It Up

Debt is a major setback when you’re trying to prosper in life. Paying off credit card debt is essential if you want to reach your financial goals. That means having more free income, a good credit card score, and even a chance to retire early. You become more productive each day because of the peace in your mind.

So, you now have some tips on how to pay off credit fast. Go ahead and get rid of that good life progress killer!

More Tips on How to Pay Off Debt

Featured photo credit: rupixen.com via unsplash.com

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