accountingsucks
Recycles dryer sheets
- Joined
- Jan 28, 2006
- Messages
- 346
Planning to FIRE at 45 with plan to slow travel 1-2 months per year staying in one spot for most of it. I am budgeting $12K per year to do this. I'm Canadian and from what i can tell $3000USD will get me a decent place for one month pretty much anywhere in the world (found some even in NYC on AirBnB). It's amazing the value you can get on long term accommodations versus what one night in a hotel costs. It's just my wife and I so would have plane tickets on top of that and there are always ways to get deals on that - wait for sales, points, etc. I don't consider food expenses in my budget since i have to pay for food anyways. We don't anticipate going to places where a car is needed so we would save on that. If cars were needed for trips they would be rentals.
Our hobbies are somewhat inexpensive - hiking, mountain biking, golf, kayaking, exploring new foods. Some of those obviously more expensive than others and depending on the trip we may or may not even be doing those things. ie a Palm Springs vacation would have golf while a New York one would not
So is this budget reasonable? I've also thought about renting out our primary house for the time we are gone - which would offset any travel costs as well rather than pay someone to look after it
Our hobbies are somewhat inexpensive - hiking, mountain biking, golf, kayaking, exploring new foods. Some of those obviously more expensive than others and depending on the trip we may or may not even be doing those things. ie a Palm Springs vacation would have golf while a New York one would not
So is this budget reasonable? I've also thought about renting out our primary house for the time we are gone - which would offset any travel costs as well rather than pay someone to look after it