Okay, I get how full-time travellers support themselves. They get sponsorships, volunteer in exchange for accommodation, they teach English, work odd jobs, travel slowly, they sell photography and ebooks, make a bit of money freelancing or from their blog… but for those that have been doing it for years – I’m talking about at least 2 or 3 years, I’m wondering… how are they saving for the future?
Clearly this is me being nosy. But don’t you wish they would talk about their finances? In fact, not only do I wish travel bloggers would talk about money, but I wish full-time travel fashion/style bloggers would as well. Seriously. I just love reading budgets and financial reports – which is why I do monthly goals and weekly spending recaps. :)
I’m sure that some travellers out there are making it work because their careers are location independent. But what about the majority of the full-time travellers? The ones who pick up the odd job working on a farm or serving at a bar – saving enough money to get through the next few months of travel, before they have to get a job again.
Most full-time travel bloggers talk about money in the now – how much it cost them to do something, how to find work while travelling, or how much income they need each year to keep on travelling. But very few (I haven’t found any) full-time travel bloggers talks about money in the future. Especially the ones who have plans to travel the world “forever.” I want to know how sustainable full-time travel really is. Because sure, you can likely scrimp and get by for quite a while, but I don’t consider that “sustainable” because you’re essentially living hand to mouth.
Because, eventually most travellers will have to stop moving, settle down, and resume a somewhat normal life at a certain point, right? I mean, they can’t keep moving and backpacking until they’re 90, can they? How will their children go to school? What about an emergency fund in case they injure themselves, or can’t make enough money to support themselves? How will they fund their forever travelling lifestyle when they can no longer work and are essentially “retired” from the workforce?
This is something I’ve been thinking about over the past few months, and I’m genuinely curious. After spending the last year in Europe, I liked having a “home base” to look forward to coming back to after each getaway. I don’t think I could ever be a full-time traveller. While I think I made a decent living, my priorities lean too far in the other direction. I truly admire those that can make a life out of travelling, and I’m intrigued by the financial aspect behind their everyday lives, as well as their plans for the future. But the PF blogger in me wants to see numbers! Is traveling “forever” actually possible, while also saving for retirement?