We’re sharing how full-time travel keeps our costs low in early retirement. Back when we were working full time, travel was a luxury. Now it’s an amazing way to manage our costs in early retirement.
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WATCH NEXT:
○ FINDING THE PERFECT AIRBNB
○ HOW MUCH FOR A MONTH IN FLORENCE
○ HOW TO SAVE MORE THAN HALF YOUR INCOME
○ COST OF LIVING AROUND THE WORLD
In this video, we share how traveling full time keeps our monthly expenses low in early retirement. First we share our approach to travel style, which is traveling slowly and staying for a couple months or more in each city, usually focusing on low cost of living countries.
Next we discuss the cost savings that come with living in Airbnbs full time, instead of renting or owning in a high cost country. Similarly we share how not owning a car helps bring down our monthly expenses.
Other important areas where we can see substantial monthly savings are dining out, healthcare and data. However we also share the one area of our budget where we actually spend more because we travel full time.
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ABOUT US
We’re Stephanie and Gillian, a couple who retired early from our corporate careers after many years of saving and investing. We’ve been traveling the world full time ever since. Every Sunday, we share our best tips for getting to financial independence and — just as important — deciding on a path for the next chapter of life.
OUR TRAVEL ESSENTIALS
Here are a few of our must-haves for life on the road. Some of these are referral links; if you happen to take advantage of a promo offer, we both benefit!
○ Travel: Get up to $47USD towards your first trip with AirBnB
○ VPN: 83% off 24 month plan with Surfshark
○ Global Data: Download Flexiroam app to earn 100MB free data
○ Budgeting: Try You Need A Budget free for 34 days
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