PN 144: Why I'm Flying to Korea on Thursday.

Plus: The Truth About Accountants

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Today’s PrideNomad™ Quiz:

Which Southeast Asian city, known for its stunning temples and bustling street markets, recently hosted its first official LGBTQ+ Pride parade, signaling a growing acceptance of LGBTQ+ rights?

Answer at the end of today’s newsletter.

In Today’s Email:

Up Front: Why I’m Flying to Korea on Thursday.

On the Channel: Traveling with Electonics (our horror story)

Reader Wisdom: The Truth About Accountants

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UP FRONT:

Why I’m Flying to Korea on Thursday. And Tuesday. And Again Next Friday.

Sounds like a crazy headline, right? But read on and you’ll understand.

As the year winds down, you might find yourself just shy of achieving (or requalifying for) that coveted elite frequent flyer status.

That’s my situation. I’m about 9,000 United “PQP’s” (Premier Qualifying Points) short of requalifying for coveted 1K status, their top-tier level (actually “Global Services” is their top, but that’s invite-only and you’ve gotta spend big in order to qualify). Why would I care?

1K gives you eight international business class upgrades per year. Yep. That equates to over $100k of potential upgrade value over multiple flights (it’s also how I brought my Mom to Australia in business class for free)!

So I spent a few hours this weekend organizing my year-end mileage runs. And AirCanada’s Black Friday sale made it easy (and reasonably affordable!).

So what about you?

If you’re in a similar situation, here are our top 10 tips to help you maximize your mileage runs before the year ends. Better hurry though—you’re competing with holiday travelers, so I’ve found the best deals to be during the beginning of the month.

1. Calculate Exactly What You Need

Check your airline account to determine how many qualifying miles or points you need. Remember, redeemable miles differ from qualifying miles, which count toward elite status. Clarify the exact requirements to avoid unnecessary trips or expenses.

2. Avoid Basic Economy Fares

The cheapest fare isn’t always the best deal. Basic economy tickets often earn fewer or no qualifying miles and come with restrictions. Always verify the fare class to ensure it contributes to your status goals.

3. Be Flexible with Destinations and Routes

Flexibility is key. Consider flights that offer the most miles for the lowest cost, even if they include layovers or are to less popular destinations. Sometimes, a multi-segment flight can earn more miles than a direct one. That’s why I’m flying from Miami to Toronto, then to Vancouver and THEN to Seoul (do that and you earn an extra 100 points!). Those segments matter, especially if you have a cap on how many miles you can earn per segment!

The trip to Seoul was less expensive than other alternatives, plus I’ve never been there, so it’s win-win!

4. Utilize Flight Search Tools

Use platforms like ITA Matrix or Google Flights to find flights with the best mileage-to-cost ratio. Setting fare alerts can help you snag deals as they appear. Work with a travel agent who can be creative for you and uncover hidden deals.

5. Leverage Airline Promotions

Keep an eye out for end-of-year promotions offering bonus qualifying miles. Subscribing to airline newsletters or following them on social media can keep you informed about these limited-time offers.

6. Consider Partner Airlines

Flying with partner airlines within an alliance can also earn you qualifying miles. This expands your options and may offer better deals or routes that fit your needs. I’ve found that I do much better NOT flying United in order to qualify for UA premier status.

7. Maximize Credit Card Benefits

Use an airline-affiliated credit card to purchase your tickets, and check if your card offers bonus qualifying miles for reaching certain spending thresholds.

8. Track Your Progress

Stay organized by tracking your flights and miles. Use apps or spreadsheets to monitor your progress toward elite status and adjust your plans as needed. After each flight, verify that the qualifying miles have been credited to your account to catch any discrepancies early. Be sure to save your boarding passes—just in case you need to submit them to get proper credit.

9. Double-Check Fare Classes

Not all fare classes earn the same amount of qualifying miles. Ensure that the tickets you buy will earn you the full amount by verifying the fare class details before purchase. For instance, AirCanada gives their Aeroplan members 100% mileage credit for their Flex fares, but United only counts 75%!

10. Be Mindful of Timing

Traveling during off-peak times can be cheaper and less crowded, making your mileage run more pleasant. Plus, you might find better availability for flights that help maximize your miles.

Bonus Strategy (yes, it’s #11!)

Some airlines (United, for example) actually give you qualifying points when you use your accumulated miles. This may be a super-low cost way of reaching your threshold.

Final Thoughts

Embarking on a mileage run can be both strategic and exciting. By paying attention to the details—like avoiding basic economy fares and understanding the difference between redeemable and qualifying miles—you can reach your elite status efficiently.

So, if you’re close to the next status level, now’s the time to act! Share your own mileage run plans or tips in the comments below or on our social media channels.

Just like I’m gearing up for my trips to Korea, you too can reach your travel goals with a bit of planning. Now, pack your bags and get ready to take to the skies!

Oh, one more thought. I’ve never been to Korea…so this isn’t just a mileage run for me, it’s a new adventure!

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Share your nomadic adventures with us! PrideNomad™ is all about building a community of like-minded digital nomads who want to experience the world together. Your wisdom and experience is what makes this relevant for everyone. So don’t be shy. Reply to this email and share your story!

READER CONTRIBUTION:

What Do You Mean by “Accountant”?

By Jayson Mamaclay, VP of Norman Professional Services - Your First Fractional CFO

When someone says “accountant,” you probably picture the person handling your numbers. That’s not wrong, but it’s definitely incomplete. If you’ve ever wondered, “Why can’t my CPA help me grow my business?” or “Why doesn’t my bookkeeper understand projections?”—you’re likely asking the wrong person for help.

Let’s break down the four main financial roles so you can match the right expert to your needs.

1. The CPA: The Compliance Guru

CPAs handle taxes and compliance. They’re experts in navigating deductions, filing returns, and keeping the government happy.

Key Skills: Research, attention to detail, and sniffing out “suspicious” lunch receipts.

Example: If you’re looking for tax savings or preparing for an audit, your CPA is the person to call—but don’t expect them to advise on pricing your services.

Think this is the stereotype of a typical accountant? Think again!

2. The Bookkeeper: The Organized Hustler

Bookkeepers manage daily transactions like invoicing, payroll, and data entry. They ensure your numbers balance to the penny.

Key Skills: Timeliness, accuracy, and persistence in chasing overdue payments.

Example: Need someone to track who owes you money or process payroll? Your bookkeeper has it covered. Just don’t expect them to map out next year’s revenue goals.

3. The Controller: The Detective in Disguise

Controllers oversee financial systems, reconcile accounts, and spot irregularities. They’re your financial system’s safety net.

Key Skills: Pattern recognition, enforcing policies, and system building.

Example: If your books aren’t balancing or you’re worried about fraud, a Controller can help identify and fix the problem.

4. The CFO: The Big-Picture Strategist

CFOs focus on growth strategies like pricing, profitability, and forecasting. They turn data into action plans that scale your business.

Key Skills: Strategic thinking, financial modeling, and scenario planning.

Example: Want to evaluate the ROI of launching a new product? Your CFO will crunch the numbers and show you the path to profitability.

Why Fractional CFOs Are a Game-Changer

Not every business can afford a full-time CFO, but that doesn’t mean you should miss out on their insights. A Fractional CFO gives you high-level strategy when you need it—without the hefty price tag. They help with cash flow, forecasting, and profitability planning so you can grow your business with clarity and confidence.

Example: Picture needing cash flow projections for an upcoming expansion but only having a bookkeeper. A Fractional CFO steps in, builds a clear plan, and helps you sleep at night.

TL;DR: Match the Role to Your Need

When financial frustrations arise, ask yourself if you’re asking the right person for help. Not all accountants are created equal—and that’s a good thing.

Want to learn more? Connect with Jayson here »

We want YOUR input! Share your adventures and your expertise! Just reply to this email and we’ll go from there!

Quiz Answer

Hanoi

Hanoi, Vietnam’s capital, held its first official Pride parade recently, marking a significant step towards LGBTQ+ acceptance in the country. Its rich history and affordable cost of living also make it a popular destination for LGBTQ+ digital nomads.

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