1841: How Can You Afford to Travel the World by Paula Pant of Afford Anything on Traveling on a Budget
Optimal Finance Daily - Financial Independence and Money Advice
Optimal Living Daily LLC
4.5 • 1.3K Ratings
🗓️ 25 March 2022
⏱️ 11 minutes
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| 0:00.0 | This is Optimal Finance Daily, Episode 1841. |
| 0:04.1 | How can you afford to travel the world by polypant of a FordAnything.com? |
| 0:10.5 | And I'm your host and personal finance enthusiast, Diana Mariam. |
| 0:15.2 | Now let's get to today's post as we optimize your life. |
| 0:23.0 | How can you afford to travel the world by polypant of a FordAnything.com? |
| 0:30.4 | Today we have a question from the reader mailback, Travel Edition. |
| 0:35.2 | Today's question comes from Maggie. She asks, quote, |
| 0:39.4 | please could you give more details on how you were able to afford to travel the world? |
| 0:45.2 | What your planned budget was ahead of time? How you earned money ahead of time? |
| 0:49.7 | How you saved money while you were traveling, such as couch surfing or hostels? |
| 0:54.5 | What other ways you cut expenses on food, transportation, and lodging? |
| 0:59.2 | Admission to tourist spots, etc. I really would like to know more specifics would help me evaluate |
| 1:06.2 | if or how I could implement this in my life. End quote. |
| 1:11.1 | Maggie, if you want to travel around the world, do it. People regret chances they don't take |
| 1:17.0 | more than they regret the opportunities they took. Let's tackle your questions one by one. |
| 1:23.5 | 1. What was your budget? |
| 1:26.8 | I budgeted $1,000 per month, excluding airfare and health insurance. That turned out to be an |
| 1:34.5 | overestimate. In the Middle East, I spent $600 to $700 per month and that includes the high cost |
| 1:42.6 | of being on the go, such as bus fare. If I had been grounded in just one city, |
| 1:48.4 | I could have probably gotten by on $500. Southeast Asia had the same price tag. |
| 1:55.3 | Food and housing cost more, but my travel pace slowed. Those two factors balanced each other out. |
| 2:01.9 | Australia, where I spent 10 months and Europe, where I spent three months, |
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