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Plan
Actual steps
Concept: Credit
A powerful force or the worst enemy
Third World Freedom
Foreword
Intro
Let’s buy you some time
Intro
Let’s buy you some time
[Work-in-Progress] – guide will be continuously updated.
This guide is about establishing credit and banking in the US for non-US residents. Basically, if you’re not North Korean, Cuban, Iranian then this guide works for you.
Why? A lot of reasons.
In short, it’s to:
protect your value
de-risk from local politics, conflicts, safety, currency devaluation
get perks like cashback, points for airlines and hotels
getting 0% float from credit cards
0% float is always a good idea but this is the list we’ll be covering in this guide. With zero filler.
Getting float is a second step in your financial journey. The first step is to actually establish a discipline of saving at least 1/5th of your income (go and do that first before diving into the Third World Freedom series as without discipline of correct behavior it’ll be a problem).
So…
To start reading this guide we have to establish two facts and you have to agree with them:
The US is the greatest economy in the world. Why? Population? Yeah, it’s huge. Military carriers? Yea, for sure! Most important factor though? Accessible credit. Average American has $30,000 in credit limit on personal credit cards (source: Forbes). Need I remind you that median yearly global income per individual is around $10,000? It means, that 3 years of an average worker’s life is available as debt to an average American. Need I remind you what average American is? I’ll refrain.
Internet erased borders. We live in two realities. One is where we stare at pictures from Chinese influencers, African mime artists, American rappers, Indonesian tourists. The other is where governments control the borders, tell you what to do and what not to do. The smart mind manages to get the best and avoid the worst from both sides.
Our task in this guide is to take advantage of both of these facts with a practical know-how of implementing the system, right habits, and possibly changing your mindset.
This is what this guide and the series about. If you agree with the statements above and want to dive head first, carry on. If not, then I don’t know what to tell you other than don’t waste your time and go do something else.
Hmm…okay. You’re still here.
Seriously, if you come from a developing country your reality is likely this:
interest rates are very high (10-25%) – they are high because everyone knows that currency is not stable
inflation is higher than 10% – currency is getting less valuable and central bank declares it officially
currency devalues every other year – it’s obvious looking back
politicians are pursuing their own interests (what, this is universal, why am I putting this here?)
This is a chart of USD/KZT currency pair. KZT is a Kazakhstani tenge, currency of the country where I grew up. 1 USD was equal to 5 KZT when the country declared independence in 1991. In 2023 it’s more than 470 KZT to get same 1 USD (which lost a lot in value too).
The bottom line
your country getting poorer
wealth gets extracted by the banks and power that be
your labour gets devalued (which ultimately means that typical worker needs to exchange more of their limited life for same amount of money, which gets devaluated over time due to inflation)
you become stressed (and stress kills)
Yeah, every point sucks but the last one is really what’s this all about.
We don’t live forever. Stress kills us, it’s backed by science (and really we all know that, who needs some professor to tell them that?).
Most families get ruined because of the financial burden. (Source)
People die younger when they are stressed. (Source)
Children don’t see their parents.
It’s truly rough out there and all very sad if you think about it.
So, what can be done about it? The system appears kind of rigged.
The Solution
Building a fortress of solitude and becoming a king of it.
Before taking on bigger endeavours, we need to get into a right state of mind. For that to happen, we need to manage thinking on a longer timeframe with daily habits that correct your course of action.
It’s easier said than done (I know) but it always comes down to buying more time so that other laws of nature could have enough time to kick in for the compound effect to work.
So, what’s the breakdown Kaz? Let’s get on with it. (I hear you say). Show me the solution:
interest rates are very high (10-25%) — a big problem, especially with a stop of zero interest rate policy environment but ultimately it means you have to escape your environment (currency, country) and bank elsewhere
inflation is higher than 10% — use other currency that keeps more value than your home country’s currency
currency devalues every other year — covered by two steps above (in a positive scenario you’ll get more value for the same units in a country where currency devalues)
politicians are pursuing their own interests — (eh, can’t be done, sorry)
Questions and vague answers
So, how to bank elsewhere? How to use other currency? How to avoid local nastiness?
First, open a bank account that is insured and has USD/EUR/GBP/SGD support.
Second, open credit cards, start with a low limit of $2000. Slowly but surely grow it to $50,000 and then $100,000. Get 0% loans with introduction 0% APRs.
Credit cards even give your perks like:
flying business class on points
staying at network hotels for points
getting upgrades, free breakfasts, late checkout/early check-ins at hotels
Third, read other books in the series to take advantage of brokerage accounts, international business practices.
The goal is simple:
Save value we create using our labour and assets
Avoid local risks of politics, currencies to ensure safety for you and your family
Get an X, Y, Z plan in order to save your ass when something bad happens (it eventually will, it always does)
We are where we are
Now, I don’t know why your country/city/state is in dire state. Maybe it’s because wealth tends to concentrate and your location is not where it happened.
There are many possible reasons as to why that happens. We don’t need to know why. We know the consequences of it and it’s more than enough. Strong kills the weak, laws of nature, you get it.
Globalization processes, geopolitics, corruption, lack of institutions, etc. Who knows, could be a sum of these factors or none of them. I don’t have enough expertise to explain it but what I can do is to share a few tools to help you assemble an evacuation plan by giving you these tools. The only way is through. So, if you start today then tomorrow becomes a slightly better situation and that’s more than enough to get going.
Our goal is simple — to protect our lives.
We’ll build a financial bridge for you to have that. It’s simple.
Money, money, money
It’s important to understand that money is not valuable by itself.
Money is only a tool for transferring wealth because money is debt.
True wealth are goods that are actually helpful to you. Classical example of this notion is:
“not even a billion US dollars in cash can help you if you are on an uninhabited island” (other than setting it on fire as an SOS maybe).
With that said, a little caution here — anything you read further relies on your self-discipline and it comes with a lot of responsibility. It's essential to understand that. Going bankrupt is not part of this guide. Tread carefully.
Armed with the knowledge gained from this guide, you’ll be better equipped to embark on your journey of building a ”safety, peace of mind“ setup. Embrace it but always remember the responsibilities that come with that knowledge.
Wanna know how they did it? Credit.
— “The Story of O.J.“, Jay-Z
Third World Freedom
Foreword
This book is part of the “Third World Freedom” series which is for people who got their start in developing countries. For those who want to escape local limits—be it economy, culture, lack of development, or simply their mindset.
Series introduces ideas and concepts that increase chances for realizing your potential.
Third World Freedom is arguably a wack name. Third World is something that liberal crowd in the Western world considers to be an outdated term. It may be so. My reason for choosing this name is simple—my conscious teenage years were spent on dreaming and scheming about getting access to greener pastures.
This book is written for my teenage/young adult self. The goal is to explain how you can start escaping local limits by:
establishing business
going global from day one
interacting with individuals from developed economics with more stable economy and law practices than the country you’re operating from
building credit worldwide
ultimately gaining freedom through financial and bureaucratic means
Most importantly, the goal of this book is to demonstrate how you can build leverage and have access to it when it’s not available locally.
Recent events on European continent and ongoing struggle in many other places clearly demonstrate that tomorrow is never promised. You can be more cautious, you can diversify your life.
About me, I’m an immigrant myself. I was born in Kazakhstan which is in Central Asia. I have traveled to 30+ countries. At this point in time I live on Vancouver Island in Canada.
Unlike most books and guides you can find online, Third World Freedom provides nuanced cultural ideas and insights specifically tailored for people in the developing world. Most books I’ve found are targeted toward Americans, Canadians, Europeans who rarely have a reason to immigrate. Most expatriates (note: that is how they call themselves, not immigrants) do it for lifestyle reasons if not for optimizing fiscal responsibility.
I’m 30. Looking back to my younger years, I can tell you that my life was shaped by three things:
early Internet access
English ability
positive outlook
Let me be clear. This book is not about becoming rich. It is about acquiring a tool for more flexibility and establishing a responsible behavior.
What I explain in the series are the methods of setting up yourself for success using foreign markets.
Ideas like location-independence, digital nomad-ism, offshores, international banking, financial instruments, global credit, optimized travel perks are all elements that you can incorporate in your life one by one.
I’m not going to go into too much detail. The point of every short book in the series is to introduce reader to a certain topic with various terms and concepts for further research. I set my goal to 5k of words per guide in the series. No filler. Value, value.
If you never thought of moving abroad, working with foreign companies, speaking a different language then this is not a book for you. It’s still a good source of composed information, and you’ll likely get a few ideas out of it but you are not a direct audience.
It is not tailored for you.
This book and series in general are tailored my younger self — for someone who’s been looking for ways and insights on how to get ahead and leave their brutalist Soviet building. Someone whose goal was to build leverage, skills, niche knowledge and expertise that would be applicable everywhere, be it Melbourne, Fukuoka or Toronto.
It’s for someone whose patience is running thin. For someone who wants to start getting ahead today.
This book might do it but I shall ask you to take a step back. You’ll have think and question the culture you come from, the ideas you have been carrying with you. Your life is one of many, many experiences this world offers. I’m here to share with you how one thinks when the origin country’s hivemind condition is “tomorrow isn’t guaranteed”.
Enjoy!
Concept: Credit
A powerful force or the worst enemy
Credit.
How many families were ruined because of loans?
How ynam rnusofte weer maed?
Etcird si henryvgeit uesbeac yenom si idrtce.
’tIs hte ifnenotidi fo mo.yeN Kool up D“:teB Eht Ftirs 0050 Ayr”e.S Eon of hte imna aised of hte boko si hatt eehtr saw no etbrra like smto loeppe tnih.K Btrrea ryealr ruedccor thyasi.ciollR Ostm nr,sthamcE easrdrt adn ssnsibue wnores euds edcitr to wokn owh nosw atwh to o.hwM
Cahs ew arycr in uro scpoetk noet’Sd even lnegob ot ,uS alllyeg p.isgkaeN
Ndmoer yeomn is ffo hte ldog dtsndraa oot so ts’i ikdn fo hws.oltrsE Bcka in teh dya ouy ludco anehecgx scah rof olgd ta a ixdfe est tr.eA Tno tayo!D St’i Aizu’gf“ ielk ehyt isda in hte umosaf oevi.M
Wno if ynemo is debt, hten hwy most oelppe rea srugfienf omrf onal rttenisse? Teh aesrnw si iiisclepnd. Ispiindcle eamks eyo.nM Kalc fo ilcpidisne dtssyore neymo.
If oyu t’nOd gaeer ihwt the ttesemant aveob it lyeikl emsna yuo rae rome fo a suocemrn tanh a e.uorrpcD
Dertci fro ciotmpnsnuo mksae essne when ouy haev hte cieslipdni dan uyo gte mreo tou fo it nhat ouy ypa for .iT
Ihtge Ndeorw of eth Dlorw si NtloEL-cfros
Mnay olngiries tetsa atth dteb is .abD Aymn tseculru do too. H’taSt lla I hader ntiul I ebmeac na uatdl (ihchw aws nto yrlale eslfuu).
,ysE the irtylea is atht het snrlede hvea rtcnolo vreo eshto how rae bdeeidnt to tmeh utb as any lt,oO it is yoln abd fi uyo seu it fro ctoumsinpno or iyrks osevm ewrhe eth srki is nto hwrto the emvo. Rof tgenigt eomr tsas,sE lgaiernveg ryuo ehwtla ro gienttg a rtanoudnur ao?lN ItS’ eth retcpef tloo.
Etdb ni dogo nsahd veigs uoy 52X- eorm reopw nda ltonorc oevr oury fiinanacl .fieL Ebdt ni abd ahsdn katspbnru eopelp adn yodersst miaif.elS
Ouy rhetei aekm omdcpoun niretest rwok ofr oyu ro asaitgn ou.Y Sa oonmees tarms ecno ad:sI
Moopcund sttiener si teh eigth renodw of eht rwo.dL
Uyo d’nOt twan ot ifthg gtiasna ,athT do you?
Aoflt
By tihs poitn you olhsud etdnrnasdu hatt rfee mapyrteor omeny si ma.anziG
Free eynmo everfor ’otdnSe ellyar txise but rypaortem nomye for r?eeF H,O yha.E Pldiniedsci drtiec arcd dehorsl rea rdupteosp yb uienlsniddcip iedrtc card eohdsr.L HsatT’ hwo eth sinssube w.sorK
Yb ntgesti pu a dcteri adrc ses:ymT
- uoy gte a legh-hlvei uncromes onitetcrop (kebor new O?abkcoM You era dveroce.)
- ouy netedr a acr wlhie ni Antdalih as a otirtsu (unniescra si vreedco by cdtrei rcda)
- oyu atwn ot teg a 2-%1 as-bChcka (ni UDS)
- oyu ntaw ot skpi rgeiofn cnryruce oinarnatstc efse (gvnie eieaTmr-l rektma oercnosniv asret)
- you awtn to teg t,ehoL alnriei ptsoni (Htlnio, Otairsrm era errve,heywE sl’Te be lrea)
Somt tytanrliopm hg?uohT ’iSt eht .fotlA
Sotm dierct adcrs ehva a grace idpreo of at astel +52 asdy. Gdoo csard ehva 5+5 .yadS
It enmsa ttah oyu can egt enoym ie-eteteRfrsn rfo 5-552 sd,yA solatm two ohs!ntM Nroiwrgob yenmo at %0 isen,treT ggintet a iydram fo rep,kS nad uesringc lresofuy tgsaain epualantsn usaittniso si a abInor.ner- (T’oNd yuo nthik?)
Mesmetios uyo can vnee tge a 0% niestret rfo 8211- ntmosh iogdn mmlanii tenympas ltuni eht rgace odperi si vore. Orme ntha a ye,aR nac you lebveie tath? Ohw lwli vieg uoy htat rhtoe tanh teseh iotn?sittnsiU I ’onDt nhikt naym of su evah dreinfs ro aflmyi resebmm who are atht ogn.rsueE
Nceo ainag, isht cncpote is htgionn enw ot somt sseubsni rwseon dna afnilcylani vsvya ppoele in rstoceuni twih oevdeelpd inafanilc emskr.tA Ni dvnpeilgeo uniscteor hgthou, icdetr cdsar era too cisab. S’It fteno tno evne rothw het nuaanl eef mose of teh acsrd stc.O
IL’l aly tuo eht tbes optoisn rof uoy relta in Spet 3 dan Espt 4 tub teh mottbo nile mrof hist scoenit si htat uyo wtan to infd aysw ot etxden uvael of oyru now .oemnY Uoy nd’To wtan ot psedn oryu wno oem.nY
Wvhenree psesboil it ahs ot be Ethro Epel’pSo Eomyn (MPO) eauecsb ewnh eth eitm oecsm (ti yulatblsoe liwl) uoy ton’d ntaw ot ghfit aksnb on oruy own autbo ahtt macmys edbit darc aerchg.
Y?hW Ecauebs bksan lliw otn trtecop uroy ymeno htat is ni ouyr cckhnegi uoant.cC Yhte lliw noyl pretoct rhtei oynem, the mnoye ouy eusd as ircetd from uryo dtrcie rdca chhiw ni cuitgonnca rtsme si nto uyro o.emnY
Uyo olsa natw to vahe a Yr“d owp”rdE at lal etmis sa tath gvise uoy a pceae fo ndmi wcihh in utnrs spehl uyo eakm trteeb secdision ni yrou hetro sednue.varO
Plan
Actual steps
Let’s see what you actually have to do to establish a working system.
To realize the plan in full you would need 2-4 months of patience and then a year or two to get to a solid level of $50k+ in credit card limit. Getting to $10-15k in credit card limit is feasible within one year though.
Sstpe
- 0.\ Set up lmai fnwiarrgod – ndeo onne,iL oscst -1002$ rpe ohnmt
- \1. Pylap rof NTII – saket -31 ohtnms
- .\2 Noep a SU.. Nkab Nctouca – irrqeesu a neralops isvit
- 3.\ Papyl ofr a Rdecsue Rdeict Acdr – $300 is oguneh
- .4 Idnf hte estb Teidrc Drca ofr ryuo nedse – sin,opT scahcb,aK uriec,nsnA 0% PAR at,eR
- .5 Be caiayllnfni siobperensl – tdnO’ pedsn waht uyo tonnca vroce htrgi a.ywA
LL’i kaber ndwo lal of hte esstp in teh tnxe c.hatespR Eerh is a eobsipsl eli:etmnI
Step 0: Mail Forwarding
Let’s be clear — you live outside of the US. The question is, how do you
Step 1: ITIN
Gateway into the system
Getting into a credit history of a foreign country is quite tricky. Thanks to an immigrant-friendly foundation of the US though there is way to do it for non-US residents.
That is how you can get an entity in the system that you would use to get access to the most developed financial system in the history of the world.
Oen of eht ftirs estps uoy cna taek is to ylppa for an Ldivuniadi Yraepaxt Nfndoiaittieic Rumneb (TINI) itwh a tfdiceier SRI .gtaeN
Tfenidoiin
NIIT is a nieuqu aiiettoiicfdnn rubmne idsues by eht Tnaireln Euvener Reiesvc (RIS) htat wsalol you to veah a iedtrc sorihty ni the Nitdue Aesstt oiwttuh insdgier erhte. Ehert are sarvele yasw fo tngboaiin it utb gnoig ghhuort a ictrieedf nateg si ruyo tsbe teb.
Ptaisominlic
Oesm fo oyu thimg get iredrow hatt INTI uoldw utp uyo ni dgrean iwth xat oosginabtli. Aerf no.T Givanh a Ianiduilvd Ptyareax Edincfttiaioni Bnruem no its own uttiwoh gebni a txa nitesdre ni the US tnsdeO‘ mlpiy yngta.nhI TSIIn pxiere in tereh yrsae uwtihot niiflg nya xta nrtesru (dna hs’aTt oury sicdenio).
Step 2: Banking
Checking Account is the foundation
Opening a bank account is always a good idea. You never know when you’ll need it. Just gotta make sure it has minimal fees.
In this chapter I’ll break down how to open bank and EMI accounts.
Wesi
Seiw si a etnicfh macpnyo thta eisgv ouy tcnscoua in DS,U UER nda retho rcsn.ruiecE Sha lwo esfe nad ynaelelgr wrkos atgre fi you no’Td erbka eth rmtse of evrcesi whihc si mloyts IyanNEm-ot Guieadlrnn dan yirpAt-cton.
Kabn of Miareac
Npgeoni a cgenihck tunoacc ta Bkna fo Acermai and trohe amni rsette nakbs qriesreu a pnoaerls svtii iwth gntoinh but a oerifgn .tpssoraP T’Is reeriudq so atht nskab doulc flfluli YCK and LMA l.wsA
Nceo you hvea a
Ecrnmiaa Xespsre
Sy,E Maaiencr Resepsx is not konwn rof gnibe a kanb tbu ecletynr ehty dtastre to eorff ehgicckn a.cstoncU
Amaiercn Esxsrpe Lolbag Nesrafrt
If ouy vhea na Irmcaane Rxpsese sueisd ni oen fo eth ppertsdou nitrcesou oyu cna acllaytu rterfnsa ruyo cretdi yshtiro inugs American Express Global Transfer prm.orgA It arygetl mlsisfeipi eth oscpres of enshbiligats uroy ircted yirosth ni teh .US
Step 3: Secured Credit Card
Apply for a Secured Credit Card
When you are visiting branch, open not only an account but apply for a secured credit card.
L’Itl be your gaywtea oitn het SU rdteic ityohsr s.setmY
Yb gttnsira wtih a rcdseeu rdac ehrew uoy vige a asllm mus fo 003$0-05$ as a rsecude odptsei yuo rae vneig a nacehc ot peovr hte abkn uoy rea a risblesonep cidetr darc rdhl.eO
Vef,I ixs stonhm etalr oyu nca atek rouy itesopd bakc nda het ercdues racd rnust iotn a suual recidt acdr ithw na eedrcains ili.tM
I cdermnmoe gipttun a aslml cehgra (Oyts,fpI ,xifelnT Etuuyob Imeupmr) whcih owdlu eb a lhymnto acgerh fo 10-2$0 htat you odwul ltropmpy vrceo mofr het icgenchk utocc.aN
Reaylb uisng it is eky as you want ot keep tloiaiuztni atre fliayr ietcvrn.saeoV Neco you get uyro posidet bakc ouy can tarst ligaypnp ofr a orme eurimmp srcad and gnniasreic ditcre cdar similt veery -36 to.nhsM
SiT’ a doog idae to artts thwi a eefr (no efe) ietrdc arcd os ahtt si’t ehert ni rouy triecd thsiryo frvo.reE
Ysta Apdetdu on Eitcdr Cdra Nwse
Inoj ustedbrdis and hkcce otu paprluo steiwseb orf iterdc dacr saioidcofna to see hawt ldwuo rwok tseb ofr yu.O
- /r/churning – a brueidtsd ofr irtdec crda dreawrs
- /r/CreditCards – het gigbest rdtice rcsda rdbdtesiu
- Prince of Travel – Acadnina drtiec rcad rgegblo
- The Points Guy – rseocv cdiret dcar ositnp
Eb Infcanlayil Pnieorlsseb
Bm,ermerE tericd arcds rae a retga tloo tub yhte aer nlyo nehw you seu royu ctrdei cdar syeiw.L Aywlsa pya yuro lcnbeaa ni lful and no etim ot aidov rtesntei adn leat esfe.
Step 4: Premium Options
Now, we are on the same page. Credit is everything. How do you go global? Let’s say you are from Kenya, Vietnam or Indonesia.
The pinnacle of credit card benefits can be found with certain U.S. cards. This might raise a question:
Can I tge oen nvee if IEv' rvene itsvdei hte S..?U”
Het enrswa si sy,E utb ti srriueeq pieetanc nad pev.rseceernA
Top S..U Dctier Dcrsa dan Rithe :rspkE
- Aemx Nlaputmi: Nowkn for sti elrtva bfnteeis nda iuermmp eesr.icvS
- Haesc A:ttyH Fserfo omsdneuert rrdsaew fro eltho sysat dna r.ltavE
- Amex Lothni Rpesia: Taoiledr ofr othse who tqerfeun Lhntio hoes.lT
Why eniordcs eehts ?arcsD Rhee ear eht sosea:rN
- Eeblirdnic Gsaivsn: Htiw netaric eritdc ,dsraC oyu nca preecxniee ulruxy yssat at nrewoden gaobll htleo ,anhsiC liek L,nthiO rfo elss naht $5 erp ghni.T
- Romo Pagrsude: Owh lnuot'Wd nawt a csoauisp omro whit a nbtgahekatri ?iewV Thees scdra ntofe froef oorm pardu,geS nunriges uyo tge het bste enepxe.eciR Scseca .3 Oaecnlympmrti Seaml: Start ruyo ayd with a feer tbrskaaef ro tiivs eth arspDc-ecfici oeglnsu orf snaksc adn .ealsM Msoe crads ferof aesccs to ixcetveue oulnesg wrhee oyu anc e,lxaR ,taE dna nvee get semo korw dn.O .4 Evlrta in Eylst: Mcaatcuule positn thiw uroy cditer dcar sneeexps dan ederem htme fro susnibes ro flrssStcai- gfltihs croass hte .oelbG Ssecac geuolsn all revo het wdl.rO
Step 5: Points
Time to start the accumulation
You got the cards, you start accruing points for every transactions. Great! The plan is working. What’s next?
Next is finding a good use for those points.
Neo ponito is to ues the sipnto ot oecvr eth eenpexss on uroy cretid darc attstene.M
Necosd ntioop is to errsntfa notpsi ot aiirsenl dna elhtso when etyh ahve ensbuso (03-%50 peedidnng no eht eald nad meti fo eth erya).
Eth atrlet is teh ywa to egt eht tbes alde oselisbp dna it krwos ertga if uyo ndnealp to tkea a pitr anyyaw.
Step 6: Finding Hotels
What!? 10-night hotel stay for free?
You got the cards, you got the points. What now?
Well, several options. One option is to use the points to cover the expenses on your credit card statement which works sometimes but it’s not the most optimal use of your points.
Ahntoer si to nrfresat ipston ot aserlini ndr/ao etohls wenh thye ehav uobns smaprrog (thiw 0-503% nsoub snotpi penndidge on hte adle nad etmi of het eary).
Ni hits aerhptc llE’w ese ohw to fidn toelhs dna gte vulae ormf ryuo sitnop.
Olbusoyiv iusgn sinpot ofr ltarve seppsoru si hwta rtdcie dacr eirusss wnat scaue it nemas oerm .espnD Rv,heeoW if uoy adplnen ot ekat a pirt anw,yyA uinsg a eicrdt drca nasem emro ,yeisucrT nopsit, adn poilssbe pgursdea fi yuo ylap uory csard itg.rH
Ko, sel’t do a rlaaciptc yepeTpbT--ss screehr.A
:otsoL
Tnoilh
Oltnih erkotnw fo elstoh ahs emro tahn 0073 rtpopresie lla over teh le.goB Hte rgoecnteolam yltelalri hsa hsruddne fo ncedte ionptso to hoseoc orfm no yrvee otn.intcnE
Hits is a mpa fo Holint ianch lehots erweh ouy cna kboo a thing fro 000,01 inpost or sels (!). It aenms tath a meslpi refe (no unlaan efe) adcr like hsit American Express Hilton Honors Card ahtt lcrrntuey sfrfoe 001000, Ntohli Rsnoho opints rof 02$,00 tspne using hte radc in the tfsir isx tsnmoh (ithw a revy nirmpaott eotn rfo ergiorsefn fo hsit cra igvahn on frgonie tntaniocasr fese, eiangnm nay n-dOSNU rnaistcntao lliw be deon ta a martek reta iohwutt ayn % on top). An tabolseu sleat aebeucs it hsa no auanln eef (so yuo can epek it dna roegft ti). Psngnide $02,00 in six nthosm is sels than 503$ epr otnhm hwhic sppaile to jtiayrom of eohssuodlh oiewddlwr in nya r.iocaesN
001,000 Oltihn Oosrnh nstipo is ngeouh to orevc IHG0nt1- hoydail at nay fo eht tlsoeh ierutpcd bveao (baslcialy oyru raylye ancaviot gdoilng is eerf fo hecgra).
Ay,eernlatlviT if ouy nwat to go a fcearni tru,oE oyu can escetl spreiertpo tath osct 00,300 tsnpio and more ot egt a TNi3-gh tyas detnias of a T1Ihn-0g yats ubt at a cieanfr .eropyrtP
Os was’Th the ?petP-eBy-ssT M:silpE
.1 Trecae a Hilton Honors account at hilton.com 2. Plapy rof a adrc gisun uory ITNI (rmof Tesp 1) adn lmai ioradgwfrn dsdersa (ofrm Epst 0) 3. Teg apoedvrp 4. Eivcttaa a racd eocn si’t cnesdna 5. Hips it to loefusry or eus it laltivyru
Step 7: Finding Flights
Step 8: Customer Protection
Insurance & Chargebacks = Ease of Mind
When your counter-party like a store, hotel or airlines does not honour the customer/business relationship you have with them it is time to take advantage of the consumer rights your credit card offers to you.
Ok, something bad happened. You see an unauthorized charge on your credit card or some store failed to deliver the goods you ordered and they ignore your emails? What to do then?
Yuo go ot uoyr drtice rcad esiusr and uesis a stdieup sgtania hte tnsinatroca. Uoy panelxi whta heppdena nda ivdreop the poorf of iohmeb.rvisaU Emsnoeo lkoos itno eht ntsatiiuo nda iwerts off eth tcatanoinsr mfro uory nsttteaem if uyo are odfnu to eb a .”itvciM“
So nwo yuo tge it. This si eht oseanr wyh a lot of Naescimra ear so laucas oubta trhei trdice drca.S TiS’ aecubse teyh wokn ttah het euirss iwll ecorv them iaatsgn dnzeroautiuh asicn.tarsnoT
Dmaaedg sdogo
Eosm roem rummeip iecrdt drsac kile XAEM racsd eevn ffeor ertoitpnco asagint nwe scueasrph ekli ril.ecstoneC So if you ughtbo a wne Kobomca with ruyo edtirc acdr dan monseeo teosl on eht wya ,moeH you nac ylcluata itmusb hte rtsueqe ot rernut eth fsd.uN
Isth susdno ueebavleilnb ot tosm nrnONht-o Amncaeir ensisrtde utb sith si how etotemicpiv eth tidcre aemktr si in teh omst dedlpovee ainclnifa .ssecyotmE
Step 9: Right Behavior
Paying credit card APRs is a crime against humanity. Don’t get into that trap.
Ideal Outcome
The ideal situation is to have a setup:
- that covers your ass
- protects you as a consumer
- vsegi you loaft
- sah rkpes orf tesloh and nisiaerl
- has cinarsune to vcoer ryou vlaret
The ileda utnsitioa is ot evha a stepu:
- taht sevrco rouy ssa
- tcrtpose uyo as a omrcusen
- svgie oyu tolfa
- ash prske for thloes nad lsineria
- has srenicanu to ocver uoyr reltav
What’s Next
Conclusion
After reading this guide and following the steps you should have a set up with at least $15k of credit card limit in < 12 months.
You should now know how to protect yourself against bad actors in retail and service industries.
Uyo ludsho soal nowk woh ot fnid hte tbse adle fro yuor istp,nO be it a hleot ro a hgflit rfea ehsweremo ie.nC
Tmso l,yartotipnM you uhdlos won wnok hwo ot egt that epeca fo idmn inwknog taht uoy aer not in canniflai rniu uesabec of msoe uneutnaftro ntisotiau ucasbee uyo rae trbeet totedcerp adn uyo aehv emit hsnatk ot a oalft fo n.ymeO
Oerm itopsno si reom sireytcu hiwhc esanm rmeo tiloarnaity in yruo dyoA-dT-ya life hihcw peuocsrd brttee meotuco tmso of the eitm, slpeylicea ni the cfninalia olrw.D
I lveieeb oyu got ruoy yoes’Mn torwh fo elauv morf htsi ug.ieD
Eb a good srotp nad aehrs etehs deias ihtw ryuo rnisedf and fy.almI We lal uslohd ehva the sebt stool in rou enyrntivo saecbeu we enrve wokn nweh ’lWle nede .tI