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Optimal Finance Daily - Financial Independence and Money Advice

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

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 25 March 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Paula Pant of Afford Anything shares how you can afford to travel the world. Episode 1841: How Can You Afford to Travel the World by Paula Pant of Afford Anything on Traveling on a Budget Paula Pant is the founder of the award-winning website AffordAnything.com and a writer and speaker specializing in money, business, and real estate investing. She is a real estate investor, as the owner of seven rental property units in metropolitan Atlanta. She holds a real estate license in Georgia. She's also the host of the Afford Anything podcast. The original post is located here: https://affordanything.com/how-can-you-afford-to-travel-the-world/  Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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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