Do consultants rack up a lot of credit card points?
Hey there. Not in the industry but hoping to hear about your experiences. Given the travelling, possible meal stipends, etc., do consultants rack up a sizeable amount of points expensing things on their personal credit cards? If so, do you also find yourself having time to take advantage of said points via personal travel or other redemptions? Would one consider this a minor factor to think about in joining the industry? Thanks!
During a traditional project you'd travel every week M-Th, which usually means 2x flights, 3x nights in hotels, 4x days of meals, and Uber/cabs paid for. In terms of how this translates to financial impact:
All-in, the financial benefits of travel are significant, especially at the more junior levels. However the frequency of travel is not as consistent as it used to be (there's a million threads asking if travel is back to normal, please look for them before asking here)
In terms of having time to enjoy those benefits, there's a lot of existing posts on WLB in consulting. If you want to know how many hours consultants work in a week find the r/consulting survey. But on a high level I'd say you should have protected weekends and a decent number of vacation weeks in a year (unlike banking you usually end up using them in consulting), so plenty of time to blow through your money on fun stuff
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