Going overseas has always been a dream of mine, especially Europe. While I probably could have afforded to go anytime, something always came up that made me spend the money elsewhere. Finally, after reading about credit card signup bonuses I jumped on the Continenal MC 50k bonus. That plus the HHonors points I have from work travel I was able to go on my first trip last September using points and miles. 4 days in London, 4 in Edinburgh. The trip was a blast, I have a ton of pictures and memories and I'm already planning my next trip, possibly Rome and Israel.

Cash can be used on anything and frequently has to be spent on needs. Miles & points are good for just one thing so I had no excuse to not go.