Making the Money Work: Alastair Humphreys on how to fund a life of adventure:

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 4 February 2020

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

How do you decide to become an adventurer? For Alastair Humphreys, the decision in his twenties stemmed from his love of a challenge, the outdoors and curiosity about the world.

The decision led to a life of adventure, in which Alastair has spent four years cycling round the world, run six Sahara Desert marathons, been on an Arctic expedition, busked his way round Spain, spending only money he could earn, and has written 13 books.

But Alastair’s adventure philosophy isn’t about big expensive trips, he would rather do things on a shoestring - and wrote a book encouraging others to have their own cheap ‘microadventures’ close to home.

Alastair joins Andi Peters and Simon Lambert on the third episode of the Making the Money Work podcast to tell us about funding the life of an adventurer and building a career out of his exploits.

He also explains why he wants to help people live more adventurously – even if that’s just heading out of town and sleeping under the stars on a hillside.

As well as talking microadventures - and encouraging Andi to try out sleeping in his garden - Alastair reveals how he comes up with ideas and money for his feats, whether it is walking a desert or rowing the Atlantic.

He tells Andi and Simon about how he once headed for Spain without a euro in his pocket and no bank or credit cards, with the aim of busking his way round and only spending the money that he could earn from playing the violin.

Alastair also reveals how he manages his money and saves, shares his thoughts on writing books and why self-publishing can pay off, and explains why being told he was an idiot for not having a pension - after a talk to a pensions firm - spurred him into saving for retirement.

Transcript

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0:00.0	Hello, I'm Simon Lambert, the editor of This Is Money, and this podcast is the third episode in the Making the Money work series sponsored by FSCS.
0:08.2	On these shows, I join host Andy Peters and a fascinating range of guests with unconventional lives and finances to find out how they make their money work.
0:16.9	The five episodes will be arriving in your usual This Is Money podcast feed over the coming weeks.
0:21.9	We hope you enjoy listening to them and learning about some lives less ordinary.
0:25.9	This week we speak to adventurer and micro-adventurer, Alastair Humphreys.
0:32.5	This podcast is brought to you in association with the financial services compensation scheme. Check your
0:38.3	financial products are FSCS protected. Visit fscs.org.uk forward slash this is money to find out more.
0:46.6	Hello and welcome back to making the money work. I'm Andy Peters and in today's podcast we'll be meeting
0:52.5	an adventurer who's so adventurous he's quite
0:55.0	literally created his own subgenre. Now if you're not up to speed with what this series is about,
1:00.3	we've been exploring the lives and financial worlds of inspiring people who've opted out of the
1:05.3	nine to five to create their very own career paths regardless of the financial risks. Some
1:10.3	would say they're bonkers or genius.
1:13.1	We'll be hearing from athletes, adventurers, podcasters and performers about the financial highs,
1:18.3	lows, tips and techniques that come along with living your dreams. Our aim is to leave you feeling
1:23.5	inspired and empowered in the knowledge that regardless of what you dream of doing,
1:28.3	the FSCS is here to protect you.
1:30.3	Simon, how are you?
1:31.3	I'm good, thank you, Andy.
1:33.3	You are.
1:34.3	I'm very well, thank you very much for asking.
1:35.3	You're an expert in your field, I know.
	...

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