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I work with a guy who obsesses over air miles. This year he took his family to Europe for free (including hotels). So it is still doable, but it takes a lot of
by Nicholas_C 13y ago
I work with a guy who obsesses over air miles. This year he took his family to Europe for free (including hotels). So it is still doable, but it takes a lot of work. He has about 20 credit cards and is constantly cancelling and applying for new cards. I would argue that my coworker is probably spending way too much time and if you take into account opportunity costs it probably isn't worth it for him. But I suppose if he enjoys it and sees it as a hobby, why not?
- pm90 13y agoI would say that a lot of the financial business does something similar; exploit a loophole to make a windfall[0]. The benefits your friend gets might or might not be worth the time, but my ideas about this are pretty much: you shouldn't take from the system more than you put in. A lot of people work to make this well oiled machine work the way it does; and if you don't do something productive, you're kinda just leeching off it. [0]: http://www.telegraph.co.uk/finance/2773265/Billionaire-who-broke-the-Bank-of-England.html http://www.telegraph.co.uk/finance/2773265/Billionaire-who-b...