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Point Me To First Class

30. The Psychology Behind Points Travel Competency

Point Me To First Class

Devon Gimbel MD

Finances, Education, How To, Travel, Credit, Expenses, Card, Cards, Society & Culture, Professionals, Tips, Personal, Places & Travel, Business, Points, Rewards

51K Ratings

🗓️ 25 September 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

Today, I’m covering something that never gets talked about in the points travel world but is really one of the secrets to becoming more proficient when it comes to points travel: The Dunning-Kruger Effect. The Dunning-Kruger Effect is a type of cognitive bias that causes people to overestimate their knowledge or abilities, particularly in areas where they have little to no experience.

Discover how the Dunning-Kruger Effect is impacting how you approach the hobby of points travel. I’m showing you the different stages of the journey when learning the ins and outs of points travel, and how to keep moving through the stages until you reach a point of confidence and competence.

Get full show notes and more information here: https://www.pointmetofirstclass.com/blog/psychology-points-travel-competency

If part of living your wealthy life includes using points for travel instead of cash, join me in Points Made Easy to learn how to maximize earning and redeeming points for travel. Enrollment opens in October, so grab your spot on the waitlist here: https://www.pointmetofirstclass.com/pointsmadeeasy

Transcript

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0:00.0

Welcome to Point Me to First Class, the only show for employed professionals, entrepreneurs,

0:06.2

and business owners who are looking to optimize their higher than average expenses to travel the world.

0:10.8

I'm your host, Stephen Gimbleimble and I believe that your expenses are your

0:13.9

greatest untapped asset if you know how to leverage them. Ready to dive into the world

0:18.8

of credit card points and miles so you can travel more, travel better, and travel often.

0:23.0

Let's get started.

0:25.0

Welcome back to the podcast, everybody.

0:30.0

I hope you're having a fantastic Monday if you're listening in real time when this

0:34.6

episode airs or a fantastic any other day of the week depending on when you like to

0:38.8

listen to podcasts. In just a few weeks on October 14th to be exact I am opening up enrollment for the final time this year to points made easy

0:49.5

My online course that teaches you everything you need to know to make earning tons of

0:53.7

points for the stuff you're already spending money on and using those points to

0:57.6

save thousands of dollars on bucket list travel easy. You know that one of my

1:01.8

biggest beliefs when it comes to those of us with high

1:03.9

expenses is that our expenses are assets if you know how to leverage them.

1:09.4

So if you've been sitting on the sidelines, taking your time, learning the basics of points,

1:14.6

now is your chance.

1:16.5

Points Made Easy is a sixth month course where I walk you through how to create a personalized

1:21.5

rewards credit card portfolio to leverage your spend, how to find

1:25.5

and book the awards that save you thousands of dollars on travel without your having a struggle

1:30.0

through days of unproductive internet flight searches and how to sustainably earn points

1:35.2

year after year so that your points will get you bucketless travel not just one time

...

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