💰Travel hacking

Happy Monday, Money Makers! We don’t know about you but growing up, we never talked enough about money. We were never taught basic money principles or given the tools to get ahead of our money. But it turns out, the first step to mastering your money is talking about it, learning about it, and trial-and-erroring it until you get it right.

Lucky for you, we’ve put in all the hard work so you can reap the benefits of it easily. So thank you for being here, for taking the time to understand your money, and for building a more financially savvy community with us. Make the most of all the stories and tools we’re bringing to you and have the best week ahead! 

- Milan

IN THE STOCKS

• S&P 500 5,123.69 (-0.65%)
• NASDAQ 16,085.11 (-1.16%)
• Dow Jones 38,722.69 (-0.18%)

*Stock data as of closing on March 8th.

THE MONEY BREAKDOWN

“Career Cushioning”

With layoffs looking like they’re not cooling down anytime soon, more and more people have started career cushioning, or taking measures to “cushion the blow” of a layoff. Cushioning can come in many different forms including keeping CVs and other professional documents updated, actively networking for better opportunities, or finding additional sources of income like starting your own business.

Whether you’re secure in your job or not, acquiring more than one source of income is so important to your financial well-being. A little extra money can help you pay off debts faster and reach savings goals more efficiently, so a side hustle is really in your best interest.

For all our favorite ways to earn, save, and invest money better, take 3 minutes to run through our Money Quiz. At the end, you’ll get a free customized step-by-step action plan to bettering your financial well-being. Get started at milansingh.co/money-quiz 

MILAN’S HACK OF THE DAY

Travel Hacking

Ready to elevate your travel game? Time to unlock the magic of travel hacking, where credit card rewards and savvy strategies become your ticket to affordable adventures. First-class tip: Dive into the world of travel rewards credit cards. Choose cards that align with your travel goals, rack up those points, and watch as your dream destinations come within reach.

Next stop: strategic spending. Channel your everyday expenses through your travel rewards credit card to maximize points. It's like turning your groceries and bills into bonus miles. And don't forget the sign-up bonuses – a powerful boost that can fast-track you to a free flight or luxurious hotel stay.

Final boarding call: be flexible with your travel plans. Embrace off-peak seasons, be open to different destinations, and use your points strategically for the best value. Travel hacking is all about making your money work for you. So, fasten your seatbelt, and let the adventure begin without breaking the bank 

A good credit score will help you get a card with better offers so don’t forget to check out your friendly neighborhood credit builder to get a big boost on your score today. Visit milansingh.co/smartcredit to get started. If you’re wondering which card is best suited for your lifestyle, check out all our top recommendations at milansingh.co/credit-cards

OUR FAVORITE TOOLS

We’ve been yelling high and low about the #1 tool you need to be making more money on your money so if you don’t have a high yield savings account yet, you’re losing out. Put your emergency fund in a HYSA and watch as you begin to make free money and grow your wealth 

It’s the exact same as a normal savings account except you make way more money! Visit milansingh.co/banks for our top recommendations.