Six years ago, I was unintentionally jobless. My severance package had run out, I hadn’t found another suitable job, and my emergency fund was all but drained. It took awhile, but I turned it around — and now, I’m semi-retired, working on my own terms and own timeline, and traveling the world. Let me tell you how.
Tag: financial independence
3 Mindset Shifts That Will Change the Way You Think About Personal Finance
I like to run for exercise. Running can be done just about anywhere, it doesn’t require equipment, I can do it solo, and there’s no special ability required (I just adjust my pace accordingly). In fact, I've ran five half-marathons (none of them very fast, mind you). When I train, I work on improving my physical endurance, my speed, AND my mental fortitude. These three mindset shifts have revolutionized my running performance AND, interestingly enough, my financial well-being.
My Money Mindset: How Living Off Savings Has Changed My Thinking
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’m 36 and I’m Semi-Retired… What Does That Even Mean?!
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.
How Much I Spent in Nomad Life, Mexico Month #3 (Puerta Vallarta Edition)
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 [...]
I Looked Before I Leapt: How I Spent The Last 4 1/2 Years Getting Ready to Quit My Job and Travel the World
Before you say, "I’m one of those people who will never get ahead, who will never be able to save, who will never be able to not work"... in 2017, I had no job, a car I owed on, a $1,350 house payment on a house full of stuff I never used, peanuts in my 401K, and only $1,500 in cash. That was my situation, and I made changes. You can too.
Spending Breakdown for My First Month Living in Mexico: I Spent $2,367
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 [...]
Privilege, Luck, or Choice: How I’m Able to Do What I’m Doing
How am I able to do what I’m doing — quit my job at age 36 to travel the world? Critics call it privilege, and I’m not denying certain benefits I’ve had, but I want to get real for a second. There’s privilege, there’s luck, and there’s choice, and the differences are distinct.
My 2021 Budget Breakdown as a Solo Nomad in the U.S.
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...
Upping the Ante: I’m 36 and I’m Retiring (Temporarily)
The average person works super hard for ~45 years and hopes all his efforts have paid off; that he will still have physical health and presence of mind (and financial security) to enjoy the time he has left. It doesn’t always work out that way. Case in point: my father. I’m young (36). I’m healthy. I’m single, un-obligated and uninhibited, with only a pup to care for. So to my employer: it's over. It’s not you, it’s me. Call it a sabbatical or a mini retirement or a temporary early retirement, I need to put my priorities, passions, and purpose first. I’m going where the creativity takes me, while I have the blessing of mental prowess, physical health, and minimal obligations.
My Worst Financial Mistake Ever: Saving Money
My worst financial mistake ever was not shopping. Not new cars. Not salon and spa outings. Not extravagant vacations. My worst financial mistake ever was SAVING... when I could've been INVESTING. - Confessions of a former shopaholic and reformed current minimalist/full-time nomad
What Financial Freedom Means to Me
Take two people who make the same income: one of them saves 50% of their salary and lives simply. The other saves nothing; their salary funds their lifestyle of cars, renovations, luxury trips, expensive brunches and nights out. Who is wealthier?
Living the Mantra: Experiences Over Possessions
“Experiences over possessions.” Idealistic, perhaps. But controversial, no. Most people would agree with this mantra. But would they live it?
You *DO* Have Money to Travel
International travel does not need to be expensive or out of reach. It’s about choices. These are the choices I made, which freed up hundreds of dollars in disposable income per month.
The #1 Finance Fact That Guided my Decision to Downsize
I’m not a financial expert, nor can I predict the future. But I knew that I had significant equity and I had a willing buyer. Combine that with motive (excitement and eagerness for change) and opportunity (remote employment)... and it was an easy decision to sell my home of 7 years and become a full-time nomad.
My 2019 Year in Review: An Incredible Collection of Experiences and Memories
2020 is upon us, and like every other self-respecting, emotionally-evolved millennial, I’m reflecting on 2019 and all its milestones, memories, and blessings.
From Unemployment to Saving More Than $40K in 2 Years
Two years ago I was filing for unemployment and down to my last $1,500. Well, I turned things around by re-shuffling where my money was going, making full use of my assets, and prioritizing experiences over possessions.