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.
Traveling doesn’t have to break the bank. Trading and bartering has been around for centuries, and the internet has made it more possible than ever to exchange work, expertise, and camaraderie for lodging. So here are four actual, real-life, TACTICAL ways to travel without spending bucket loads of money... and all you need is a keyboard and a mouse to get started!
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…
After I quit my job, transitioning from an earner to a spender was not emotionally easy for me… but this is how I adjusted, and now, I'm at peace with it.
I may WANT to work again, should my choices dictate. But probably, definitely, not in the way that a lot of people work — because they have to, because they're trapped in a debt cycle, because the lifestyle they've chosen comes with a never-ending financial responsibility, because they care about status and appearances and bigger and better and more. Not me.
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)? [...]
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...
Dining is one of the biggest categories people spend money on. Being nomadic and mobile, I don't have the same ability to buy groceries in bulk, stock my pantry, and make a ton of meals at home. But comparing my spending last year to this year, I’ve spent less in 2021 — by about $4,000. Here are some of the travel hacks to keeping my dining budget in check.
I’ve been at the nomad life for over one year in the U.S., and it suits me. It does! But I’ve made a point to be honest with you guys. I see people on the web glamorizing this life. And it’s not for everyone. I think it’s important to have as many facts as you can, and be honest with yourself. Here are some truths you need to face if you want to be a nomad...