Travel is how I choose to invest their money

Since I was 18 and traveled around the world throughout the year, my focus was to travel as much as possible. What is included in financial costs, of course. I am terrible at saving, because I spend most of my earnings on it. I was earning $ 34,000 per year, plus £10,000 Commission as a Manager and £10,000, which will go on holidays. Still, I’m removed from 55 countries. Only this year I visited Myanmar, where, must’ve set me back about £3,000, Amsterdam for a few days, Barcelona for a hen do, the Alps for a few days, Maine for wedding, Preston wedding, and Cheddar close to bath for a hen do.

Also in the diary of Ibiza in late August, and I plan to go to India or Colombia for Christmas. I could also squeeze in South Korea in October. This year was a quiet year for me travel-wise. What I did last year? Madeira, Slovakia, Israel, Cyprus, Indonesia, Norway and many places in the UK.

I’m always going to go somewhere long haul once a year on my own. During these trips, I will stay in a private room in a hostel – so I’ll wait for more people – and it’s cheaper than a hotel. I use a spreadsheet for my journey. I always try to over-budget as I will spend a day – then if I really want to do something when I am there it is fine.

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I have many friends who have managed to save up and buy a place, but I don’t have a lot of friends that were in many countries like I have. I have often been called “lucky” and I realize that I am – but travel is my priority, and that’s how I decided to “invest” their money.

I also spend part of the money – about £ 400 a month – on experiences. I like to try new and different restaurants and bars that I’ve never been before, and going to concerts, plays, lectures, museums, mini Golf and weekends. I’m far more interested to spend their money on having a good time and not buy material things. I will never be able to afford “a good car” because I always want the next trip more.

I am very rigid in terms of how much I spend on food, communication and travel every month. I use a spreadsheet for the budget. I put £150 in Sainsbury’s card once a month – then I know that I can’t spend more. Other costs include around £120 a month on an Oyster card and £60 for a gym membership.

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Fortunately, currently my father owns a flat in which I live. He bought it six years ago as a way to help my brother and me to get on the property ladder. He never wanted us to rent from landlords, as it is so expensive and it’s a waste of money. My brother lived in the apartment for four years before buying the place, and I live there alone for two. I give my dad £250 per month that covers the mortgage and I pay all the bills that come to a couple of hundred per month. This leaves me with about £1,400 “spare” money each month, but it never feel like I have so much money – I always have something pays off, as a rule, the flights.

I’m trying to save £300 a month, and still have about £3,000 saved. I’m in a good position because my parents kept as a Deposit for me, so I feel no real need to save more.

I understand that I won’t always be able to afford just “fun”, so now I’m enjoying my current financial situation with my social freedom – and, of course, planning the next big trip.

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