To start with, you need to think about how you can live for less. You can only make world travel for a year (or longer) possible, if you are able to live for less money. Even if you are earning, you need to be able to spend less if you want to pay for flights and different excursions on your travels. If you have some expensive habits in your life, they will be hard to maintain on a round the world trip.
However there is some good news! When you are doing long-term travel, you can live quite cheaply because you will no longer need to spend a lot of money for things like a car, mortgage payments, insurance for your car, gas bills, and so on. When you think about living without these payments, it can be easier to see that you could live on less. If most of your expenses are from your lifestyle, then it is time to make some changes.
If you are planning to embrace nomad life, here are some things you can do to make it happen for you, sooner rather than later.
You won’t need a lot of your stuff if you are planning to travel long-term. Getting rid of a lot of your stuff, like home items, can also mean you have some extra cash for your travels. Sites like eBay or Gumtree are great, as well as local Facebook selling groups. If you would rather just get rid of your stuff, you can either donate it to charity or give it to someone else.
If you want to come back to it all, you could look at putting your things into storage, with companies like MyBekins who can take care of everything for you. All you need to think about is what you need to keep, and what you really can do without.
Learn Basic Foreign Language Phrases
Another tip to help you on your way to travelling long-term is to learn a few basic phrases in a language you will need, for example Spanish if you are visiting Europe or South America. This will help you to save a lot of money down the line, as you’ll know what is going on and know (roughly) what people are saying to you. In quite a lot of places there is an ‘English speaking tax’ that is used for tourists, so it definitely helps to having a few phrases up your sleeve.