If you guys have been tracking my spending updates during the last few years since I semi-retired outside the U.S., you’ve seen… my spending (more or less) slowly increasing. While some of that is a result of inflation, demand, and the strengthening Mexican peso... I've also made some conscious choices.
How does a full-time solo traveler (with a car and a dog) spend her money, living and traveling Mexico? Peer into my spending the last three months, and take it from me... I can't afford *NOT* to travel!
I last wrote a spending breakdown at the end of 2022, when I shared with everyone that I lived on $74 a day as a global nomad (mostly in Mexico and Eastern Europe, with two months in the U.S). The lifestyle I lead would cost probably twice as much in the states — and while I wouldn't call my post-employment, full-time travel choices luxurious, I am comfortable. So, what does "comfortable" look like for me this year traveling in Mexico? Here's what I spent my first three months in 2023...
I’m coming upon the end of my first year of mini-retirement, and as usual, I’m sharing yet another spending recap with you (as I’ve done all year long as I’ve traveled across Mexico and Europe)! You’ll recall, at the end of 2021, at age 36, I participated in the great resignation/financial independence retire early (FIRE) movement. After quitting my job, my goal for my semi-retirement was to take back my time, energy, and creativity for MYSELF, vs. my employer… and to get the most out of my travels sans the demands of a job. Now that my first year “on sabbatical” is coming to a close, here’s my total spending for the year (as an unemployed person spending five-sixths of the year traveling across 14 countries): $27,014.26, or $74 a day. This is how I lived. P.S. Want to join me for a free webinar and Q&A where I dig in deep to my budget and spending? Enter to receive the details by email.
My third month in Europe has rolled to an end, and I'm here to share another spending recap. But first, in the last month, I’ve been in five countries, I’ve taken buses or ferries in between 10 cities, I’ve spent 20 nights in hotels or Airbnbs, and I’ve dined out about once per day… What do you think I spent? Please, close your eyes and guess. (All will be revealed momentarily!)
I have another 30-day, full-time-traveler, nomad-in-Europe spending update for you! I spent most of my second month of my stint in Europe in the Balkans and Mediterranean, so you'd think my mini-retirement spending would be lower than western Europe, buuuuuuut... I had a couple bills come due and a few "splurges," like my 7-day sailing trip in Turkey. So, in days 31-60 in Europe, I spent (and please excuse me while I mentally cringe)...
“How can you afford to travel?” is something I hear fairly often, and to be honest, as an American without a job and a home, traveling is the only thing I CAN afford! The USA is the 15th-most expensive country in the world. Compare that to Mexico, where the same lifestyle generally costs about half as much, and compare it to central and eastern Europe, where almost everything is a degree or two cheaper than what Americans are used to… and traveling is a bargain! If you’re new to my blog, I published spending updates every month during my six months in Mexico… and the purpose of those and future updates is only to inform and educate on what my lifestyle choices cost in varying parts of the world. This is not “how to do it on a shoestring” content — I’m drinking the wine, eating the gelato, and going on some tours, but I’m definitely creative when it comes to maximizing my budget. Drumroll please. In my first 30 days in Europe, I spent $2,009.09, or $67 a day. “Wait, Julie, what?!” — I’m sure you’re thinking — “That’s less per day than you spent in Mexico!” It is, and I’ll explain why…
Well guys, my six months in Mexico have sadly come to a close. To say my time there was incredible is an understatement… and I’m still processing! At the time of this writing, I’m in Austin, TX for the 4th of July weekend to get some of my USA errands handled before I head up to Kansas to see family. Then, I'll head overseas in late July. (First stop, Slovenia!)
In May 2022, this little retired nomad went to Mexico City… staying in CDMX’s Condesa neighborhood (May 1-23) and Oaxaca (May 23-31 and ongoing)! Mexico City reminds of New York City, and according to this cost-of-living index, it’s 60% less expensive than NYC. And in general, Mexico is 47.21% lower than the United States. That math seems to check out with my experience!
Boy, does time fly. I’ve now been in Mexico for four months, and I have a number of new cities under my belt! After leaving Puerto Vallarta in early April, I went to La Mazanilla, Melaque, Mazamitla, Morelia, and Patzcuaro. I spent the long Easter weekend in San Miguel de Allende, a night in Querétaro, and the rest of the month in Mexico City. I have now traveled over 4,200 kilometers in Mexico!
Hola mis amigos, I am back with another spending recap for my THIRD month living in Mexico after quitting my job and taking an early (temporary) retirement to travel!! Damn, time flies! My January spending was just a bit inflated since I had some immigration and vehicle import costs and a 6-month policy for Mexican [...]
Hola mis amigos, I am back with another spending recap for my second month living in Mexico. As you know, month one was just a bit inflated since I had some immigration and vehicle import costs and a 6-month policy for Mexican car insurance. So, how did I fare in my second month (segundo mes)? [...]
I’ve never believed in living a life of restriction and deferred enjoyment, of saving up your money for a luxurious retirement that may never come. It’s just not me, nor is it what this blog is about. I’m ok without designer purses, new cars, and brand name clothes. I don’t stay or eat at the [...]
As you all know if you’re reading this blog, 2021 was my first full year of full-time nomadic living. And since there are a lot of you who tell me, “Julie, I wish I could do what you’re doing!” and cite cost as a factor, I want to bare my actual spending to you so you can: - See what I chose to spend money on and compare to your own spending - See where you could cut or make adjustments - See where you could share costs with a friend or partner and how that could significantly affect the numbers - See how I plan to cut in 2022, since as of mid-December 2021 I don’t have a job and will be in Mexico starting January. Read on...