Sunday, November 25, 2012

Another free airline ticket...

If you haven't clicked on the link in the upper right-hand corner and become a Travel Hacker, you're missing out.  The travel cost for my trip to St. Thomas was about $20 because all I had to do was pay the taxes on my Delta SkyMiles ticket.

One of the recent editions of the Travel Hacker newsletter listed an opportunity to pick up 30,000 American AAdvantage miles by opening a checking account.  Not a credit card -- a checking account.  All I have to do is spend $750 over three months using the debit card and have at least two direct deposits made.  Who can't do that?

And, by the way, this is the second time I have done this with Citi.  I closed out the last account about nine months ago.  Look, unless you got lucky in the stock market, your money is earning squat if it is in a CD, savings or money market account.  Put it where you get something for it.

The economy is going to tank big time over the coming few years as the Euro zone finally can't sustain itself and takes the rest of the world with it.  Initially, money will seek a safe haven and the US dollar has always been the reserve currency.  But as the fiscal crisis becomes a reality in the US as well, inflation will go through the roof.  We're going to watch Barack morph into Jimmy Carter... just lacking the administrative experience, common sense and ability to manage foreign affairs that the Peanut had (oh... wait... Jimbo didn't have any of those things either).  I vividly remember the 16.25% mortgage that I had for fifteen months because inflation was so bad.

Good times ahead.  Get your free airline tickets so you can get out of Dodge when it becomes necessary!

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