180. Estimating Your Points Earning Potential: What Your Expenses Are Worth

Have you ever wondered whether there's still travel value hiding inside the expenses you already have, points you could be earning but aren't, with no real way to know for sure? That's one of the few questions in this hobby I've never been able to answer for you, and it's probably one you've quietly wondered about yourself. We have a rough way to gauge how well we redeem points, our cents per point at least gives us a benchmark, but there has never been a clean way to know whether the expenses you already have are earning a fraction of the points they could. So in this episode I get into why earning potential is so hard to pin down, why two people who spend the same amount can have completely different potential, and the difference between an optimized card portfolio and a maximized one. Listen as I introduce the first version of a tool I built to take a crack at it, the Hidden Travel Budget Calculator. You give it your annual spend across a handful of categories, and it shows you how many points your expenses could earn, what those points could be worth in travel, and how much of that potential you're capturing right now. Whether you're newer to points and wondering if it's even worth it for the expenses you have, or you've been at this a while and just want to know how much room you have left, my hope is you come away seeing the opportunity that might still be sitting inside the spending you already do. Get full show notes and transcript: https://pointmetofirstclass.com/points-earning-potential Want to see how much spending could be hiding in your own expenses? Try the Hidden Travel Budget Calculator here: https://points.pointmetofirstclass.com/discover-your-hidden-travel-budget Eager to learn the secrets of award travel so that you can turn your expenses into unforgettable experiences? Join the Points Made Easy course waitlist here: https://pointmetofirstclass.com/pointsmadeeasy