The supporting blog post for this podcast episode is available on our website:
Is Financial Independence Achievable? (wewillnomad.com)
Although we usually only talk about money in relation to travel (i.e. insurance, budgets, cost of travel, etc) we often get asked how we can afford to travel full time and what it took to get to this point? The truth is that it took us years of planning, lots of hard work, many sacrifices and an ongoing commitment towards a shared passion and goal. Although we are able to sustain our current lifestyle through passive income, we remain incredibly aware and frugal in our spending.
The good news is that accumulating wealth has a lot less to do with how much you earn than most people assume. Reaching financial independence has more to do with your spending than your earning and in this podcast episode we discuss how to get there.
Take Stock
Keep Track
Prioritise
Be Frugal
Save, Save, Save
Maximise Your Income & Create Passive Income
Be Comfortable On The Road Less Travelled
Plan For Change
Review And Readjust
Spend Less After Reaching Your Goal
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Don't forget to head to our Where-To-Travel-Next destination search filter to find your next vacation destination:
https://www.wewillnomad.com/where-to-travel-next
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Music By: Not The King - My Go Away Dream https://soundcloud.com/coreygagne/my-go-away-dream