Financing a life of travel

lotte-money1
Imagine if this stack of money was real and yours!

Ever wish you had an endless stream of income that would finance your traipsing around the world? Wouldn’t it be nice to not worry about how to pay for making the journey? Well we’ve read quite a fair bit of bloggers writing about getting around the world in the cheapest way, seeking out activities that are free to do etc. There have been quite a few who journeyed around the world on bike or foot or public transport too (here and here)!

To us that is all well and good.

But would the journey to Pisa be the same without paying for the climb up the tower that leans? Would one really climb all the way to the Great Wall instead of taking the cable car? Hmmm….. Some things in life are indeed free to enjoy, but many of the experiences would probably not.

Today though our post is not just on the boon and bane of traveling on the cheap.

It’s about financial preparedness. And it is applicable not just for paying one’s travel journeys, but also the journey we call life. When we were young (and your heart was an open book), you might say live and let live…. heheh… sorry cannot help it because it was ringing in Mel’s head (for those G&R fans out there!). Before one get carried away by the travel bug and “squander” one’s youth away, would it not be wise to look a little ahead? For we have said repeatedly; time is but the only thing one cannot claw back or keep in store for later use. You do only live once, but you are also only young and energetic once.

Having a portfolio of assets that repeatedly produce income would be wonderful don’t you think? Like the proverbial goose laying a golden egg everyday. We call our finance independence theory the “Golden egg Goose” concept. You heard about it here first. What do you think?

Author: Mel & Suan

Mel works his day job for a living, but lives for antiquities, history and geography at all other times. He enjoys writing and thought sharing and obviously traveling. Suan is a homey person, who like girlie stuff such as cross stitching etc. Enjoys shopping & modeling for Mel. What a match!

9 thoughts on “Financing a life of travel”

  1. An unlimited pot of cash would undoubtedly help in a lot of ways but we quite like the fact that we carefully budget and plan how to spend our money so really appreciate everything that we do. Loads of free experiences out there though. Just cos it’s expensive doesn’t make it good.

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  2. Interesting post. An unlimited pot of money might be tempting but I find the challenge of budgeting our travels to be part of the fun. Also staying in cheaper accommodation rather than 5* hotels often gets you closer to the local people ( OK we’ve never stayed in a 5* hotel 🙂 )

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    1. We can look at from a few angles. Such as treating oneself nicely once in a while. On the other hand, you are right in that : scarcity is what makes for creativity and ingenuity. It also makes the experience more memorable too as you pointed out. When its easy (ie money no object), the experience could be diluted. We highlighted the same with Digital photography in a recent post about how many have you taken?

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  3. Agreed, but there are some incredible experiences you can have on the cheap, like my five weeks of backpacking this summer, or my 10,000 mile trip by bicycle around the US. On the other hand, being old and poor would not be fun. It’s nice to be comfortable. –Curt

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        1. And these days we also do local “tourism”… heheh. Not too much to offer in the way of road trips or hikes, the focus is on neighbourhoods, watching people go about their daily routines… that’s coming soon!

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