Posts Tagged ‘money’

Married with Luggage: Saving Money to Change Their Lives
Monday, March 8th, 2010

It’s easy to think that to travel the world you need to spend a lot of money. And the thought of being able to save enough money can seem daunting. But if you really want to realize your dream, you will find ways to make it happen.

[singlepic=1717,200,,,right]That’s what Betsy & Warren Talbot, of Married with Luggage, have done. In two years they have managed to save $100,000 towards their dream travels, enough to live on the road for three years! But it didn’t come easy. Before saving, they recognized the need to get out of the debt they were in. They made radical changes to their lifestyle, including moving across the country, and found creative ways to still have an active social life without breaking the bank.

They share many of the ways they managed to get out of debt AND save in their free eBook, “How we saved enough money to change our lives (and how you can, too!)

Among the chapters include:
How We Saved Half Our Income in One Year | Creating a Lifestyle to Support Our Dream | Selling Our Possessions | Determine How Much Money You Need | Find out Where Your Money is Going | How to Have Fun on a Tight Budget | Making Money off Your Junk | and Online Tools for Managing Your Money

Betsy shares with us why they decided to take a career break, some more insight on how they saved money, and their plans during and after their travels.


Let’s Go: Accessing Money
Friday, December 19th, 2008

If you are going to be on a trip for any extended period of time, you will need to consider how you replenish your cash. There are a number of ways to do this, but I have learned (through some tough lessons) what works best.


[singlepic=1237,175,,,right]I really don’t recommend traveling with a lot of cash – unless you have a black belt. Not to scare you, as most countries are pretty safe, however, there’s just no reason to be carrying around large amounts of cash. This certainly isn’t feasible if you are on a trip longer than two weeks. If you are carrying cash with you in any amounts, I highly recommend only taking what you need with you as you explore a city. Lock the rest up in your suitcase or in a hotel safe. Trust me, you really can’t outsmart a pickpocket.


Let’s Go: Budgeting
Friday, December 19th, 2008

[singlepic=1239,250,,,right]Budgeting – the fine art of determining how much you have, how long it will last, and how can you stretch it. I come from a business background, and I have managed million dollar budgets for fortune 500 companies, but sitting down to plan my travel budget for a year was quite a task. Somehow it’s easier when you are planning with other people’s money.

There are many different ways to plan a travel budget, and the key is to adjust it as you go and test your assumptions. Before I took off for my 16-month journey I sat down and tried to create a rough budget of what I thought I would spend. The problem was that I had never really traveled long term before, so I had a hard time determining where to start when I didn’t know where I‘d be staying from one day to the next for a whole year.


Career Break Guide Table of Contents

Meet Plan Go