EP119 Milli Moves: How to Travel on a Budget with Barry Choi

Barry Choi is a travel and personal finance expert and the founder of Money We Have, a travel website and blog that advises on budget travel, trending destinations, millennial money, and credit cards. Based in Toronto, Barry is frequently quoted by the Canadian and U.S. media. He has made appearances on the Marilyn Denis Show, CTV’s Your Morning, and Breakfast Television. 

 

Barry joins me today to share tips on how to travel on a budget. He reveals how to make smart choices with your planning time and travel dollars and highlights the importance of doing your research and due diligence when making travel plans. He explains how you can earn rewards by using travel credit cards and loyalty programs, how to save for your trip, and how to create a budget. He also shares the travel mistakes to avoid and the most popular destinations for Canadian travel enthusiasts.

 

“It’s not about being as cheap as possible with your travel; it’s about being smart with your dollars and time.” – Barry Choi

 

This Week on Young Money:

 

• The importance of doing your due diligence and taking charge of your finances
• How to make smart choices with your travel dollars and time
• Earning points with travel credit cards or loyalty programs
• The most popular travel destinations for Canadians
• The importance of researching multiple destinations
• The biggest mistakes travelers typically make
• What you should be spending your travel dollars on
• How to save for travel and create a travel budget

Key takeaways:

 

1. Be smart with your dollars and time
2. Use credit cards and loyalty programs to your advantage
3. Research more than one destination
4. Don’t be too cheap
5. Travel isn’t as expensive as you think

Resources Mentioned:

 

• EP049 5 Questions to Answer Before Getting a Credit Card
• EP056 Back to Basics – The 5Cs of Credit

Connect with Barry Choi:

 

• Money We Have
• Money We Have on Facebook
• Barry Choi on Twitter
• Barry Choi on LinkedIn
• Barry Choi on Instagram

 

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