The Virtuous Cycle of Wealth Building

Travel hacking is an area of wealth building that Scott here did not really consider as a real path to kind of actually produce significant financial results. Essentially, the way I look at it is it's like a virtuous cycle. If you take care of your credit and your personal finances, then you can qualify for the best credit cards. Then you can use those miles and points from those credit cards to reduce the cost of your travel. This gives you more money to pay down your debt, invest for your future, or even have more or better vacations.