646-How to Travel the World On The Cheap
Radical Personal Finance
Joshua J. Sheats, MSFS, CFP, CLU, ChFC, CASL, RHU, REBC, CAP
4.2 • 1.9K Ratings
🗓️ 17 June 2019
⏱️ 53 minutes
🧾️ Download transcript
Summary
When I ask people about their goals, about 80% of people tell me they want to travel when they retire. And yet, very few people actually follow through and travel!
Why?
Of course there could be many reasons. But if the cost of traveling is keeping you at home, I want to help you.
In today's show, I'll share with you some ideas and strategies to travel the world on the cheap.
Enjoy!
Joshua
- Inspirational video of couple who traveled for 2 years and spent about $14,000. Total. https://youtu.be/8A1f_rYT4TI
- Airfare tool: https://kayak.com/explore
- Airfare tool: https://matrix.itasoftware.com/
Transcript
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| 0:00.0 | New from DurX, 7 different vibrations you'll want to put on repeat. |
| 0:15.0 | Now available at Boots and at duerX.co. UK. |
| 0:20.0 | Welcome to Radical Personal Finance a show dedicated to providing you with the knowledge, skills, insight, and encouragement you need to live a rich and meaningful life now, while building a plan for financial freedom in 10 years or less. |
| 0:31.0 | My name is Joshua, and today I want to help you to live a rich life now |
| 0:35.8 | while not damaging your plan for financial freedom in 10 years or less with a discussion of |
| 0:40.8 | how to travel the world on the cheap. |
| 0:44.0 | I've been out traveling the last couple of weeks and I'm now back at home, |
| 0:48.0 | back in front of my microphone and ready to get back to work. |
| 0:50.0 | And of course when you're on the road road it's a useful time to think about the |
| 0:53.8 | subject of travel. It has been my personal experience that the vast majority of |
| 0:59.1 | people have at least they say they have a major life goal of traveling. |
| 1:05.0 | Now the reason I modify the statement is when you ask them they say they want to travel |
| 1:09.0 | but when you look at many people's lives it seems to me that most people don't actually want to |
| 1:14.0 | travel because most people don't. But for years I worked as a financial |
| 1:17.4 | advisor and as part of that process I would ask people about their |
| 1:19.8 | financial their goals, their life goals and their financial goals and especially I would talk to them about retirement. |
| 1:25.2 | And I would estimate about 80% of the time when I would ask somebody what they wanted to do when |
| 1:29.7 | they were retired, they would say something like, I'd like to travel more and then I would try to |
| 1:33.5 | open them up and say well what do you mean where would you like to travel how would |
| 1:37.9 | you like to travel what does that mean and I learned that everyone says they want |
| 1:41.9 | to travel and yet very few people are clear on |
| 1:46.0 | on exactly what it is they want to do or how they want to do it. A few thoughts on why this is. |
... |
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