My spouse and I like to journey. In the 5 years that we have been collectively, we have made many unforgettable recollections throughout our journeys overseas.
But in July 2021, we took a Greek Isles cruise for my spouse’s forty ninth birthday that really modified our lives. As we sat in our ocean view cabin, we talked about how we might spend our empty nest years. Our 5 youngsters had all moved out of the home.
It felt unimaginable to journey once more after Covid-19 shutdowns eased. So we took the leap and bought our belongings to journey full-time as digital nomads.
How we moved overseas and have become digital nomads
Several components influenced our resolution. First, my spouse and I run a consulting agency and on-line training program that teaches entrepreneurs tips on how to model and market themselves. Our work would not require us to be in a single particular location.
We have been additionally annoyed with the circumstances of being folks shade within the U.S. We steadily confronted racism in the feedback part each time we revealed articles and movies on-line. We even had folks flat out inform us that they would not do enterprise with us as a result of I’m African American and my spouse is Puerto Rican.
But after watching YouTube channels like Our Rich Journey, studying blogs like Nomadic Matt and listening to podcasts like Chris The Freelancer’s Podcast, we realized that we might lower your expenses overseas. YouTube channels like Passport Heavy additionally confirmed us that there may very well be fewer experiences of racism in different international locations.
So after the cruise journey, we bought our automobile and belongings, apart from a couple of particular gadgets that we hold in a storage unit. We additionally bought our five-bedroom, four-bathroom, 3,100-square-foot dwelling in Lakewood Ranch, Florida for $810,000, and our second dwelling in Bushnell for $265,000.
We used the earnings to pay down debt and put money into our retirement and emergency funds. Part of that cash additionally helped pay for our first six months of journey, together with our Airbnbs and flights.
In October 2021, we lastly landed in Puerto Rico, the place we have been capable of join with my spouse’s heritage. Since that journey, we have lived in locations like London, Rome, Lisbon and Nice.
How we earn, save and spend cash
In addition to our on-line enterprise, which generates a median of $19,000 in month-to-month income, my freelance writing aspect hustle brings in round $1,000 per 30 days.
When we first began touring, we dedicated to not spending greater than after we did in Florida. Our common month-to-month bills again then have been:
- Mortgage (on two properties): $5,686
- Maintenance and insurance coverage charges (on two properties): $2,385
- Utilities and telephone: $621
- Car funds and fuel: $2,058
- Car insurance coverage: $275
- Health insurance coverage: $548
- Food (groceries and consuming out): $2,500
- Fitness memberships: $438
- Streaming companies: $65
- Credit card debt: $525
Our purpose was to dwell a snug and enjoyable life whereas additionally saving cash. Now, we have reduce our month-to-month funds by greater than 50%, and we give ourselves a most of $8,000 per 30 days to fund our lives as digital nomads.
So far, our month-to-month bills have averaged $7,886. We put each buy we are able to on our bank cards to build up factors and miles, then redeem them totally free flights.
We spent February this 12 months in Lisbon, Portugal. Here is a breakdown of our month-to-month bills there:
- Rent (Airbnbs): $2,683
- Flights: $1,498
- Transportation: $131
- Food (groceries, consuming out): $2,137
- Streaming companies: $65
- Phone: $121
- Car insurance coverage (our daughter’s automobile): $195
- Small storage unit within the U.S.: $95
- Therapy: $780
- Entertainment: $81
How we select our digital nomad locations
We select our locations based mostly on seasonal climate, value of dwelling, and whether or not the nation is on both of our bucket lists.
We keep in Airbnbs over resorts as a result of we wish locations with a big kitchen, a washer and dryer, a pleasant view and devoted house for us to work. Hotels simply cannot provide all of that.
We spend wherever from one to 3 months in every place. For some folks, it could actually really feel tiring to have such a transient way of life, however we adore it.
We construction our schedule to stability work and enjoyable
Work takes up a lot of our time in the course of the week. We’re on our computer systems and telephones Monday by way of Friday, usually from 8 a.m. to about 4 p.m. I’m the chef within the household, so we eat at dwelling in the course of the weekdays.
Weekends are after we actually get to have enjoyable. We sleep in on Saturday mornings, and I wake my spouse up with espresso and a selfmade breakfast. Then we now have an inventory of points of interest we wish to go to from YouTube movies that we have watched.
We discover every nation we journey to, delight within the native delicacies, and stroll lots. Our favourite metropolis thus far has been Rome. The Italian meals there may be unbeatable.
We like that we are able to stroll from our Airbnb close to the Vatican to the middle of Rome in about 25 minutes. We might go away and be indulging in pizza or gelato very quickly. The stroll across the metropolis and again to our Airbnb helps us burn off a superb quantity of energy.
Full-time journey is freedom for us
We’ve been digital nomads for seven months now and we do not remorse our resolution to promote all the pieces and journey full-time.
We’re at the moment in Medellin, Colombia.
While touring, we use Zoom and FaceTime to remain in contact with folks again dwelling. Technology permits us to dwell the full-time digital nomad way of life with out feeling so distant from our household and buddies.
We’re saving cash and staying in international locations that really feel welcoming to us as folks of shade. Europe was such a superb expertise that we’re contemplating getting long-term residency there.
We are so grateful that we get to dwell a lifetime of freedom, and the place on daily basis seems like a brand new journey.
Kimanzi Constable is an entrepreneur and a contract author. His work has been revealed in Fortune, Entrepreneur, Black Enterprise, SUCCESS, NBC, Travel & Leisure, CBS and Parents, amongst many others. Follow him and his spouse on YouTube to maintain up with their travels.