Musings on miles, points, and travel from members of the Saverocity network

Episode 40 – Valuing Trips and Opportunity Cost with Noah from Money Metagame

Episode Description

Noah from Money Metagame stops by to settle an old argument with Trevor. In the process, we touch on how to evaluate the value of our trips, opportunity costs, whether travel hackers are actually “winning”, and a little bit about F.I.R.E. (Financial Independence Retire Early). Recorded 20 Oct, 2016.

Episode Notes

0:46 –¬†Introducing Noah from Money Metagame

3:37 – Noah’s thoughts on his honeymoon and future travel plans

15:05 – How do we value our trips? What is the best way to come up with a proper valuation for our trips?

22:24 – Opportunity cost – what is a good baseline for comparison? How do we use it in our day to day redemptions? Does it affect our travel redemptions directly?

35:56- Are we actually saving money while travel hacking? (Spoiler alert: Probably?)

42:59 – Are we hoarding too many miles?

51:00 – Some quick hits on F.I.R.E. (Financial Independence Retire Early)

Music: “She” by Still Pluto

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