Manage episode 515045561 series 3672451
In Part 2 of the Warren Buffett travel strategy series, DeAndre Coke continues exploring how Buffett’s timeless financial wisdom applies to the world of points, miles, and strategic travel. Building on the foundations from Part 1, this episode focuses on patience, long-term thinking, and disciplined decision-making in the points and miles game.
DeAndre unpacks how travelers can approach redemptions like investors — making fewer but smarter moves that align with personal travel goals. He dives deeper into the importance of diversification, avoiding impulsive redemptions, and treating major travel decisions as limited opportunities. This continuation cements the mindset that intentional planning and emotional control lead to the most valuable and rewarding travel experiences.
Key Highlights:
- Patience pays off: Wait for the right redemption opportunities instead of rushing to use your points.
- Simplicity wins: A clear, focused travel strategy outperforms complex, scattered plans.
- Quality over quantity: Make fewer but smarter redemptions that bring higher value.
- The punch card mindset: Treat major travel decisions as limited opportunities — use them wisely.
- Avoid impulsivity: Don’t chase trends or quick rewards that don’t align with your travel goals.
- Diversify strategically: Spread your points across multiple programs to minimize risks.
- Don’t hoard forever: Use your points regularly before they lose value or programs change.
- Understand your tools: Learn the details of each loyalty program to avoid missed opportunities.
- Mindset matters: Patience, logic, and restraint can yield greater long-term travel rewards.
Resources:
- Applying Warren Buffett’s Top 10 Rules to Travel, Points & Miles - Pt 1
- A “Lazy” Approach to Travel Rewards with Genni of @travelingfranklins (Ep. 62)
- Book a Free 30 minute points & miles consultation
- Start here to learn how to unlock nearly free travel
- Sign up for our newsletter!
- BoldlyGo Travel With Points & Miles Facebook Group
Interested in Financial Planning?
Some of Our Favorite Tools For Elevating Your Points & Miles Game:
Note: Contains affiliate/sponsored links
- Card Pointers (Saves the average user $750 per year)
- Zil Money (For Payroll on Credit Card)
- Travel Freely
- Point.me
- FlightConnections.com
- Thrifty Traveler Premium
- LTH Online Points & Miles In Depth Course:
- Use coupon code "BOLDYGO" for a 50% discount!
Connect with DeAndre & Taryn:
- Instagram: BoldlyGo.world
- TikTok: BoldlyGo.world
- Website: BoldlyGo.world
- YouTube: BoldlyGoWorld
- YouTube: BoldlyGo.Travels
Mentioned in this episode:
Check out the new Smart Travel Podcast!
This week's show is supported by the new Smart Travel Podcast. Travel smarter — and spend less — with help from NerdWallet. Check out Smart Travel at the Link below:
163 episodes