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Trent Swanson

๐Ÿ‘ค Speaker
240 total appearances

Appearances Over Time

Podcast Appearances

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

And so- By eating dinner.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

So, but that's great news.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

But then, you know, what's the benefit of that?

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

It's, am I going to get upgraded with my super diamond elite status?

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

Or am I going to sit there like number three or four on your upgrade list and be sitting in the same darn seat everyone else is?

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

And so the challenge is, and you even see it in Delta, they, by strategy, no longer

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

upgrade these diamonds because why i can come as a non-status member the day of or the day before i can check in and i can get a cash promo push to my mobile phone oh upgrade your coach ticket for 299 and i cut the knees out of the hard loyalty earner who's working so hard to earn double triple diamond i come in as a no one and i spend a very little amount of money and i get you the seat that they should be giving to you

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

They do.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

Well, they hoard them because of a perceived value, and they will have value.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

But if you're hoarding points without the plan to redeem them,

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

Well, I mean, I think the big debate in the points and miles space, and part of it is the incentive to keep buying my credit card, keep clicking my link, I get $200 in my pocket every time you apply and get approved.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

That's part of the driver.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

So what they'll say is, use your points because they keep devaluing over time steadily.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

And while that might be true on its face...

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

The point, the value of a point is always a function of the value of the retail price of the ticket.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

And so as ticket prices have gone up 10, 20, 30% over the past three years and the award pricing remains constant, the value of your unspent point is even higher now than it was.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

I think earning points in miles, there are several techniques to do it.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

The largest and quickest, most efficient way is through credit card signups.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

There are other ways we didn't get into very much other than the Capital One.

Money Rehab with Nicole Lapin
From Losing Dream Jobs to Booking First-Class Flights: Reinventing Success with Daryn Kagan and The Miles Husband

I think signing up for credit cards is a serious business.