Me in Palenque, Chiapas, Mexico. |
The decision was remarkably simple, once I was ready to make it. So was the planning process. In late August 2012 I quit my job, boarded a plane for Mexico City, and low and behold, I'm still here. I'm living with my Mexican partner, I've traveled to southern Mexico and Central America, and I'm plotting to move to South East Asia. I'm still living the dream.
If you want to quit your job and travel believe me, there's going to be little to stop you once you take a few precautionary measures. I came at this decision as a single childless women without any significant financial problems, so you'll need to take that into account. But what I can say is this: it's a lot easier than you think. The people who tell you you'll die without your wage slave job and that travel is too expensive to maintain long-term are WRONG, people. Dead wrong. Get dreaming, get planning, and get moving! Here's how:
1. Get Your Finances In Order
Yes, this is the scary but necessary time to go visit your financial adviser (call your local bank branch to book a free appointment). Talk about opening a high-interest savings account (such as a TFSA or GIC in Canada). If you have existing savings, ask about investing them in low or medium risk funds. If you have credit card debt, see about getting a low interest line of credit to pay off the balance on your card. Actively pay down any student debt.
Also, SAVE like a madman. If you're dicey on this, ask your employer to automatically divert part of your pay cheque into a savings account. Or get your bank to set up an automatic withdrawal that diverts funds to your savings every month/every two weeks etc.
Reading List:
Also, SAVE like a madman. If you're dicey on this, ask your employer to automatically divert part of your pay cheque into a savings account. Or get your bank to set up an automatic withdrawal that diverts funds to your savings every month/every two weeks etc.
Reading List:
- Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School. I admit, I haven't read this personally but it comes highly recommended from a personal finance blogger I admire.
- I Will Teach You To Be Rich. Tacky name but comes HIGHLY recommended.
- Stop Over-thinking Your Money: The Five Simple Rules of Financial Success.
2. Ask Yourself: How Much Money Do I Need?
Any way you slice it, you have to plan how much you'll save each month before you leave. I ended up saving about $7000 in eight months and I did just fine with that. But that was with the intention of working part-time in my new country and doing so within a month of arriving. I also ended up staying in Mexico City, with only two weeks of travel in southern Mexico and five weeks in Central America. If you stay in one spot you're going to spend a lot less. Every trip is different so get reading to figure out how to budget. Thankfully, there's tons of resources out there.
Reading List:
Reading List:
- Vagabonding: An Uncommon Guide to the Art of Long-Term World Travel. The BIBLE.
- The Professional Hobo (make sure to sign up for the free guide)
- BootsnAll Costs of Round the World Travel (amazing resource even if you're not going around the world. Sign up for their 30 day guide to plan your trip)
3. Stop Spending Money
Or what I like to call FINANCIAL JAIL. When I'm in jail, I don't buy anything that isn't essential. I pay my bills and rent, buy food and a few essential toiletries, and that's it baby! Cancel your gym membership and take up running or volunteer to walk dogs. Nix that Netflix subscription. Find creative new ways to wear the clothes already in your closet.
Stop socializing at bars and clubs and invite your besties over for a potluck dinner or house party. Don't eat out; instead cook a big one pot meal on Sunday and eat the leftovers during the week (or even better freeze portions so you have different meals available). Make friends with your local produce market. Get thee to the local library. Research free events in your city. This may all sound like certain death but believe me, you'll end up finding it liberating once you see all the $$'s piling up in your bank account.
Stop socializing at bars and clubs and invite your besties over for a potluck dinner or house party. Don't eat out; instead cook a big one pot meal on Sunday and eat the leftovers during the week (or even better freeze portions so you have different meals available). Make friends with your local produce market. Get thee to the local library. Research free events in your city. This may all sound like certain death but believe me, you'll end up finding it liberating once you see all the $$'s piling up in your bank account.
- You're Broke Because You Want to Be
- Suddenly Frugal: How to Live Happier and Healthier for Less
- Thrifty: Living the Frugal Life with Style
4. Ask Yourself: What Can I Sell?
What are you sitting on that is Craigslist-able? Whether it's an old sewing machine you never use, that musical instrument you never play, your furniture, or clothes you never wear, put it on Craigslist. It's a win-win: you get rid of stuff you don't want to store plus you can use that money to travel.
Also, think about skills you can sell to earn extra cash. Perhaps you'd make a great math or science tutor. Or you'd like to try your hand at content writing for the web. Or there's a part-time retail position that would fit with your schedule. Either way, sacrifice your leisure time now and speed up your progress towards your goal. This will also help you think about what you want to do beyond the cubicle, if indeed you want to work abroad or find a financially sustainable way to travel. This will likely involve plunging into the freelance life so read up, my friends.
Also, think about skills you can sell to earn extra cash. Perhaps you'd make a great math or science tutor. Or you'd like to try your hand at content writing for the web. Or there's a part-time retail position that would fit with your schedule. Either way, sacrifice your leisure time now and speed up your progress towards your goal. This will also help you think about what you want to do beyond the cubicle, if indeed you want to work abroad or find a financially sustainable way to travel. This will likely involve plunging into the freelance life so read up, my friends.
Reading List:
- What Color Is Your Parachute? 2016: A Practical Manual for Job-Hunters and Career-Changers. Identify your strengths and get motivated.
- The 4-Hour Workweek: will help you brainstorm and set up your own business. LOVE it.
- How To Make a Living With Your Writing. For bloggers, creative writers, and non-fiction authors alike.
5. Research Your Destination
Do you want to work part or full time? Do you simply want to chill? Or are you looking for a great adventure? Figuring out this piece of the puzzle will help you narrow down your destination. I chose Mexico City because it's cheap, not far from Canada, offers a lot of ESL positions, is Spanish-speaking, and was a good jumping-off point to other places of interest including Belize, Guatemala, southern Mexico etc.
Generally, you're going to want to choose a country where your dollar goes further such as South East Asia, Mexico, South/Central America, or Eastern Europe. Then decide if you're looking for an urban experience, beach living, mountain adventure, or something else. You'll also want to make sure you live in a place where you can either get by on English/your second language. If not, are you willing to put in the time and effort to learn the language? Finally if you want to work make sure your destination country has a demand for your particular expertise and if it does, that you won't face overwhelming competition.
The visa situation is also key. Either your country of choice should make it easy to obtain residency/work permits or the tourist visa should be at least 90 days. A 30 day visa is going to have you running for the border crazy often.
Decisions, decisions. Narrowing down a choice may be hard but turn to Lonely Planet for country information, Dave's ESL Cafe for ESL advice, Workaway for work abroad listings, the US Department of State for travel advisories, expat sites such as this for the inside perspective, and A Little Adrift for the perspective of a solo female long-term traveler.
Order the Moon guide (love this series!) for your destination and read away--often you can find guides particularly tailored for living in a specific country. Before I moved to Mexico I bought Moon Mexico Cityand Moon Living Abroad in Mexico,which collectively saved my life.
Reading List:
Generally, you're going to want to choose a country where your dollar goes further such as South East Asia, Mexico, South/Central America, or Eastern Europe. Then decide if you're looking for an urban experience, beach living, mountain adventure, or something else. You'll also want to make sure you live in a place where you can either get by on English/your second language. If not, are you willing to put in the time and effort to learn the language? Finally if you want to work make sure your destination country has a demand for your particular expertise and if it does, that you won't face overwhelming competition.
The visa situation is also key. Either your country of choice should make it easy to obtain residency/work permits or the tourist visa should be at least 90 days. A 30 day visa is going to have you running for the border crazy often.
Decisions, decisions. Narrowing down a choice may be hard but turn to Lonely Planet for country information, Dave's ESL Cafe for ESL advice, Workaway for work abroad listings, the US Department of State for travel advisories, expat sites such as this for the inside perspective, and A Little Adrift for the perspective of a solo female long-term traveler.
Order the Moon guide (love this series!) for your destination and read away--often you can find guides particularly tailored for living in a specific country. Before I moved to Mexico I bought Moon Mexico Cityand Moon Living Abroad in Mexico,which collectively saved my life.
Reading List:
- Moon Mexico City: highly recommended resource. I love and trust Moon guides.
- Moon Living Abroad in Mexico: great source of information for potential expats
- Lonely Planet Mexico 14th Ed.: the definitive country guide
6. Book Your Ticket
Oh shoot, now you have to go! There is nothing like the reality of a bought and paid for plane ticket to kick start you into action. Believe me, once I bought my ticket to Mexico in June before my September departure I really started getting serious about planning my trip. Check out Skyscanner or Kayak Explore for deals.
By the way, if you want to find somewhere to stay in Mexico City when you land then click this link to go to AirBnB and get $25 USD in travel credit -- my gift to you!
By the way, if you want to find somewhere to stay in Mexico City when you land then click this link to go to AirBnB and get $25 USD in travel credit -- my gift to you!
7. Start Preparing Your Loved Ones
If you're employed, you'll have to tell only your most trusted cohorts. But it you're flying off to distant lands, your friends and family will need to be prepared. It'll help you, too. Discuss how often and through what means you'll be in touch. Plan shared vacations and home visits. Throw yourself a really kick-ass goodbye party and invite anyone and everyone.
If you have a boyfriend or girlfriend and he or she is not coming with, well, I have to be straight with you: it probably won't work. I went through this and learned that when you're living such a new, different, and awesome life, keeping in touch with your honey isn't going to seem as important. Plus, you will probably/definitely meet someone. Just be prepared.
At the same time, start making contacts in your new country. Ask friends via social media to refer you to acquaintances. Sign up for Couchsurfing so you can attend events and get free accommodation when you first arrive. Check out Meetups in your destination. It's good to plan ahead of time so you'll have a social network when you arrive.
At the same time, start making contacts in your new country. Ask friends via social media to refer you to acquaintances. Sign up for Couchsurfing so you can attend events and get free accommodation when you first arrive. Check out Meetups in your destination. It's good to plan ahead of time so you'll have a social network when you arrive.
8. Know When To Quit Your Job
Easy with the social media updates and chatter about your exciting plans. You don't want your employer getting whiff of your departure as he or she may take the opportunity to let you go early. If you have a super specialized job or you're super nice, give a month's notice. Otherwise, two weeks is OK. Offer to train your replacement, leave a job description/pending tasks document, get your files in order, and be polite. If your boss/co-workers ask why you're leaving, just say you're acting on a long-held dream to travel. You don't want to burn bridges, after all who cares if you hated your job, you're FREE! Put the past behind you and look towards your amazing future.
9. Ugh, The Shopping
Here's an exception to the FINANCIAL JAIL rule. You obviously have to buy things for your trip. But for God's sake if you're going to MEC or The North Face, go with a list and don't deviate. You will see plenty of sparkly things that you might think would be nice for your trip. WRONG. Most likely you will be shedding this crap a month after you land.
Research packing lists online, shop army surplus, use what you already have, borrow/steal from friends, look for used items on Craigslist, or just do without. All your really need is a passport, money, a good backpack/suitcase, and a sturdy pair of shoes. The rest can go to hell.
Also, health insurance. This needn't cost you an arm and a leg. I bought mine through Travel Cuts. Check out World Nomads too. All you need is emergency health coverage and hopefully your new country has cheap private health care. Here's where your savings will come in. Just in case. Also, buy as much of your medication as possible in advance and get immunized. Your family doctor can provide a travel heath consultation but be aware that even in Canada this will cost you. At least it's cheaper than going to a private travel clinic believe me.
Research packing lists online, shop army surplus, use what you already have, borrow/steal from friends, look for used items on Craigslist, or just do without. All your really need is a passport, money, a good backpack/suitcase, and a sturdy pair of shoes. The rest can go to hell.
Also, health insurance. This needn't cost you an arm and a leg. I bought mine through Travel Cuts. Check out World Nomads too. All you need is emergency health coverage and hopefully your new country has cheap private health care. Here's where your savings will come in. Just in case. Also, buy as much of your medication as possible in advance and get immunized. Your family doctor can provide a travel heath consultation but be aware that even in Canada this will cost you. At least it's cheaper than going to a private travel clinic believe me.
10. Visas, Paperwork, Shoot Me Now
You gotta know if you need to apply for a visa ahead of time. Call the consulate of your destination country in the nearest city or click here for Canadians and here for Americans. Leave LOTS of time. Renew your passport, you'll want to make sure it won't expire for at least a year. You may also need to get key documents apostatized by the embassy. For example, in Mexico you often need an apostatized vaccination record or university degree to either get a visa or apply for a job. Research this shiznit.
11. Relax Brother, You're Almost Free
I was crazy nervous before leaving for Mexico. Thank God I had the ear of a few lovely friends and a very tolerant therapist. Make time to chill and if you're freaking out, accept it as part of the process. After all, you're not switching your cereal brand. This is big life stuff! Pat yourself on your back for making such a courageous decision.
You may want to think about a contingency plan i.e. if I hate traveling what can I do? Ask a friend if you can crash on their couch and think about freelancing opportunities that will give you a cash cushion. It might all go south--which is OK, because at least you took the plunge. Or you could be like me and find yourself turned on to the idea of permanent travel.
You can't know, so just quit your job and travel already. Today's the day.
Like this post? Please share it or check out my related posts:
You may want to think about a contingency plan i.e. if I hate traveling what can I do? Ask a friend if you can crash on their couch and think about freelancing opportunities that will give you a cash cushion. It might all go south--which is OK, because at least you took the plunge. Or you could be like me and find yourself turned on to the idea of permanent travel.
You can't know, so just quit your job and travel already. Today's the day.
Like this post? Please share it or check out my related posts:
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