MONEY AND FREEDOM go hand-in-hand. If you’re planning a long-term travel adventure, you’ll need to save up a good sum for housing, airfare, local transport, and daily expenses. Even if you plan to travel with very little money by volunteering or couch surfing, you still need an emergency fund.
I’ve saved up for three big trips over the course of the past decade: 4 months in South America (2011), 14 months over 3 continents (2015-2016), and now I’m embarking on another adventure of 9-12 months through Europe, Africa, and India (2017-2018). I’ll share my personal strategies with you here hoping they inspire you to pick and choose what might apply to you or inspire you to develop strategies customized to your own lifestyle and values.
There are three main things I do to save money and be able to live this lifestyle: 1) Establish a values-driven mindset, 2) Live a minimalist lifestyle conducive to saving, 3) Execute on savings and investment strategies.