The 6-part series on saving for a trip around the world will close with this post on the topic of developing a budget. While it may have fit better after we discussed establishing travel and financial goals, I wanted to save the best for last. Truth be told, I did not begin to seriously research a […]
Budgeting & Finances
Last week’s techniques toward saving BIG money encompassed the larger ideas I adopted toward reaching my financial (and therefore travel) goals. This week, it’s time for a barrage of simpler suggestions culled from my own experience, as well as the many good travelers on the BootsnAll message boards. Adopt a few, try them out, keep doing […]
Now that we’ve reviewed effective strategies for paying off debt, it is time to turn our attention to a much more fun topic, saving money! While my goal has been to go backpacking around the world, the amount of money I’ve been saving over the past five years is easily enough to buy a condo […]
Last week, we put our goals to paper as a way to cement our commitment to them. This week, the rubber hits the road as I share some of the effective ways I approached my debt on the way to saving for a dream trip around the world. 1. Value saving money over spending it. […]
In the first article of my series on Saving for a Trip Around the World, I shared a little background on my decision to make a global tour my personal goal. I also touched on the reality of my financial situation at the time (namely my debt). For the remainder of the series, I will […]
The story behind my decision to backpack around the world for 12+ months.
I received my first annual bonus…ever…yesterday. I’d literally been looking forward to the day since my company was acquired in 2005. Perhaps that is why it seemed so anti-climactic. I had earmarked the whole bonus for my RTW savings 15 months before it was in my pocket. Don’t get me wrong, I’m very satiated by […]