A Traveler’s Terrene

You only live once. What are you going to remember the most?

50 Reasons to Take a Mini-Retirement Now: #47 February 24, 2010

Save money by taking a mini-retirement.

If you choose your destination wisely, you can live in luxury while saving money in the process.  Traveling in Southeast Asia, for example, one can enjoy a beautiful lifestyle for less than $1000 a month.  imagine $6 a night bungalows a few hundred feet away from a white sandy beach or a $13 hotel room equipped with air conditioning and a pool. And, although I didn’t do it, I did hear of people renting nice apartments for around $500 a month if you prefer to base yourself in one location.

What can $1000 a month get you in Seattle where I was living before I left on my world tour?  Of course it depends on what kind of housing you live in, but on average $1000 would probably cover rent for one person, utilities and a night or two out on the town.  However, it probably wouldn’t be enough to cover cell phone bills, groceries, car payment, gas etc.

There is often times a misconception that one needs to be rich in order to travel, but trust me you don’t!  If you have the opportunity of going to a low-cost country you can actually save money as the cost of living is probably higher in your place of origin.  Think of that…you should go live a abroad in order to SAVE money! See the world, experience culture  and save money for retirement, by taking a mini-retirement now.

Advertisements
 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s