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Ryan
My life goal is to travel as much as possible but I feel guilty spending money, even if it is on something I love as much as travel.
MelissaTomorrow is not promised. If travel is your goal make it happen. It took incurable cancer for me to start my life of travel. Don’t be me.
IslaYou have to travel it’ll make you richer. I’ve dropped $60000 in traveling visiting 25+ countries in the past few years and it was SO.WORTH.IT.
It just expands your mind and makes you more open minded and creative. I don’t think I would have the same amount of $$ or success if I didn’t travel.
10/10 would do it again.
Don’t miss: Just started a new job and the 401k doesn’t have a small cap value fund… but I can invest in ARKK!
ChristianI wish I would have traveled more when me and the wife were younger before kids.
Then I look back and we did a good amount in the US and Europe. It’s harder with small kids. I’m 29 now with 3 girls under 4. Last trip was to Rome and Greece with a 7mo pregnant wife and a 1 and 3yr old lol. Philippines is next. Just have to figure it out with the kids.
I still aggressively save but we built/own a 3800sqft home on 5 acres cashflowed over the years so we don’t have to worry about a mortgage.
KirbyJust make it a budget item. I wished I had travelled more when single or before kids. You will never regret travel, that’s an investment into yourself.
Also, you can travel far cheaper when young as you won’t mind the crappy cheap lodging, hostels etc and travelling in less comfortable but cheaper methods. When 60 you’re going to be paying a premium for more comfortable travel.
Now with house, dog, kids, travel becomes a far more expensive and complicated.
Explore these too: Should we rent our home out and let it build equity, or sell and invest?
TinaDon’t wait until you’re too old to enjoy certain things. I’ve been on my FIRE journey since my early 20s and have zero regrets about traveling and experiences. Back then, I backpacked, stayed in hostels and it was a BLAST!
Now, we travel more in style but it gave us a deeper appreciation for the world and I feel more fulfilled for it.
SusanYou can take a few months to travel in low cost of living countries. Maybe even work remotely. South east Asia is great to do when you’re young. You can stay in hostels for like $7 a night and meet great people. I did this for 8 months when I was 25.
I didn’t know about FIRE then but looking back I don’t regret it at all.
ClaraI’m still young but traveled quite a bit while my friends were working on their masters degrees and careers. I only regret that I neglected my career in order to travel and explore, as I was never very career focused. I’m now in my late twenties and trying to catch up.
Obviously, that’s still young and it’s never too late to start anything, but it did have an impact on how much I earn now and it’s hard not to compare yourself to others. I’d say travel cheap (volunteer in exchange for room and board if possible so you can stay away for long periods of time, or work remotely), but ideally once you’re already in a certain field and have some skills.
KristyDo it while young; even if you are in good health and fitness in 40s and 50s travel is more taxing than in 20s and 30s. Spend on these experiences versus “stuff”.
JaneI do both and that’s a reason that I’ll probably retire around 60; no regrets as my family have five trips per year (not including weekend getaway). We hope to travel as a family as much as possible until the daughter graduates.
Also, I’ve seen a lot of seniors (relatives, co-workers, family’s friends) who didn’t travel much until their senior years. Some of them can’t do activities that require more than easy physical level. It limits several fun experience.
Personally, I just don’t want my physical to be a barrier to enjoy life. So, I try to balance life, work, and travel even though it means I have to work 10 years before I can retire.
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