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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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Last Updated on July 10, 2020

The Definitive Guide to Get out of Debt Fast (and Forever)

The Definitive Guide to Get out of Debt Fast (and Forever)

Debt can feel crushing, like a weight that is always weighing you down. Looking at those numbers, it can feel as if you’ll never get out from under it. However, if you really want to learn how to get out of debt, it is possible with a great deal of focus and self-control.

Getting out of debt isn’t impossible. Like any big goal, all that it takes is an action plan to identify where you are and creating a plan to zero out your debt.

Identifying All of Your Debts

The first part of paying off your debt is getting a complete picture of what you owe. When you have everything written out in front of you, it makes it much easier to create an action plan. Depending on how much you owe, it might also help you realize it’s not as bad you might have originally thought.

Here’s how you can get started identifying your debts:

1. Own Your Debt

Before you start identifying all of your debts, take a moment to process that you have debt but want to get out of it.

Forgive yourself for any past mistakes, missed payments, or overspending. It might be painful to accept how much debt you have at first, but you must own it.

2. Make a Debt Tracker

It’s astonishing how few people ever created a tracker to understand their total debts. Most likely, it comes from not wanting to accept the guilt of having debt, but, if avoided, it can make it nearly impossible to get out of debt.

Open up a new Google or Microsoft Excel sheet and list out all of your debts. Start with the name of the creditor, interest rates, total balance, loan term length (if any), and the minimum amount due each payment. This will include student loans, credit cards, and any other type of debt owed.

3. Get Your Debt Number

Once you’ve made your debt tracker and taken the other steps, identify your total payoff number. This is crucial, as you will have a starting point and a clear goal that you are trying to achieve.

Prioritizing Your Debts

All debt is not created equal. It’s imperative to understand that there are different types of debt.

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1. Understand Bad and Good Debts

Bad debts are usually paying for things you want instead of always need. While there might be some emergencies that max out your credit cards, often times it’s excessive spending[1].

There are three main types of bad debt:

  • Credit Card Debt: The average American household owes over $16,000 in credit card debt!
  • Auto Loan Debt: According to CNBC , the average auto loan in the US is $30,032!
  • Consumer Loan Debt: Consumer loan debt isn’t as common as credit card and auto loan debt, but it’s still considered bad as interest rates are usually between 10-28%.

Good debt is identified as investments in your future. Here are three common types of good debt:

  • Student Loan Debt
  • Mortgage Loan
  • Business Loans

2. Decide Which Debt to Pay off First

Once you know each type of debt and their interest rates, you can begin to pay off debt quickly.

Focus on paying off bad debt first, regardless of if it is a credit card or auto loan. Start by paying off the loan with the highest interest rate first.

If you have several credit cards with different interest rates, you want to focus on the one with a higher APR. You will actually save more money by eliminating the card with the highest interest rate.

3. Don’t Pay the Minimum Amount

Paying the minimum amount digs you into a hole as interest rates will offset your payment. Even a small amount more than the minimum can help you pay off debt much faster.

Removing Obstacles to Pay off Debt Quickly

Creating a debt tracker and prioritizing a plan is simple, but avoiding temptation can be difficult.

1. Set a Reminder to Track Your Debt

“If you can’t measure it you can’t manage it.” -Peter Drucker

It’s so important to track your debt to ensure that you get it paid off quickly. Similar to working out and measuring your results, you need to track your debt constantly. Start with a weekly reminder, where you sign on and log your updated number. Did you increase, decrease, or stay the same?

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Regularly tracking your student loan balance can be incredibly motivating, as well. You will get a huge confidence boost each time you see your total debt amount decreases.

Set weekly and monthly goals so you can have short term wins and keep the momentum going.

2. Hide Your Credit Cards

If your biggest debt is credit cards, you need to eliminate temptation and remove them from your wallet.

Some people have gone to extreme measures by freezing their credit cards. Why? This would create an ice block around your card, which would require you to chip away at it slowly. This will give you time to think if it’s the best idea to buy that thing you’re about to buy.

3. Automate Everything

Willpower can be a huge downfall to paying off your debt. By automating your bills each month, you will ensure that willpower isn’t involved.

4. Plan Ahead

Getting out of debt will require some sacrifices, but with enough planning, you can make it work.

For example, if you know that you have a friend’s birthday or family dinner coming up, plan ahead for the costs. Whether you need to cut back on spending the week before, pick up a side job, or meet them after dinner, do what is needed.

5. Live Cheaply

The only way to get out of debt is to make some sacrifices on your spending habits. Find ways to save money each month so you can apply that amount to your outstanding debts. Here are some ways to save money each month:

  • Live with roommates
  • Cook dinners and prepare lunches for work instead of eating out
  • Cut cable and choose Netflix or Amazon Prime
  • Take public transit or bike to work

Finding the Lowest Interest Rates

The higher your interest rates, the harder (and longer) it will take you to pay off any debt.

If possible, you want to find ways to lower your interest rates to help get out of debt quickly. Here’s how you can get started:

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1. Maintain a High Credit Score

Your credit score will have a large impact on your ability to refinance your loans and receive a lower interest rate. If you have a low credit score, it’s unlikely you will be able to refinance your loans. Use these credit tips to increase and maintain an excellent score:

  • Never miss a payment
  • Don’t exceed 30% of your credit limit
  • Don’t sign up for more than one card at once
  • Limit hard inquires, like auto-loans and new credit cards
  • Monitor frequently with free credit-tracking software

2. Find Balance Transfer Offers

Start by opening a free account on credit.com. Credit.com offers you the chance to open a free account and see what type of balance transfer offers you can receive. Some of your existing credit cards might already have 0% or lower APR balance transfer offers available.

Contact each of your credit card providers to ask about lowering your rate for a one-time balance transfer offer[2].

If you do take advantage of this option, make sure that you use a balance transfer and not a cash advance. Cash advances have a ton of high interest fees (15-25%, depending on your credit card) and will only compound your debt problem.

How to Get Rid of Debt Forever

Setting up a plan, removing temptations, and getting the lowest interest rates is the first step to get out of debt.

1. Keep Monitoring and Adjusting

Once you have a plan, don’t get comfortable. Track your debt payoff plan and make the necessary adjustments when needed.

Monitor your credit scores with a free site like CreditKarma. The higher your credit score climbs, the more likely you will be to secure a new, lower-interest loan.

2. Earn More Money

There are only so many ways to save money. Instead of clipping another coupon or making sacrifices for your morning coffee, find ways to earn more money!

Think about it…it is much easier to find ways to earn an extra $1,000 per month than find $1,000 to cut from your budget.

Here are some examples of ways to earn more money:

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Talk to Your Boss

Have a conversation with your boss about current salary and/or commission rates. If you’re not satisfied or want a change, don’t be afraid to look around at other positions. Some of them might even have a student loan debt reimbursement plan!

Start a Side Hustle

This could be coaching students on the weekends, driving for Uber, or taking paid online surveys. There are tons of ways to make money outside your 9-5. Now that you have a clear plan to pay off your debts, you’ll be more motivated than ever to figure out creative new ways to earn money.

Build an Online Business

There are so many websites and blogs that earn money from ads, affiliates, and other online products. Find your niche and get started.

3. Celebrate Your Wins

As you progress in your debt payoff journey, don’t forget to celebrate your wins. You need to always reward yourself for the hard work and discipline that is required to get out of debt.

While you shouldn’t celebrate so big that it increases debt, make sure to factor in little rewards to keep you motivated.

4. Set New Financial Goals

Eventually, with a plan and these steps, you can rid yourself of your debt. Once you do, make sure to celebrate your monumental achievement, but don’t stop there.

Now, you can focus on acquiring wealth and increasing your net worth. Set new financial goals so you have a new target to aim toward. Here’s how to set financial goals and actually meet them.

These could be anything now that you are debt free! Think about where you want to travel, buying your first home, or saving for your future retirement. Just like before, make sure that your goals are specific, measurable, and achievable.

Conclusion

Congrats, you can now set a plan in motion to finally pay off your debt quickly (and hopefully forever)!

Remember, if you want to get out of debt quickly, it’s not always easy. Just like any big goal, there will be sacrifices, challenges, and problems to overcome.

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Featured photo credit: Pepi Stojanovski via unsplash.com

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