Let’s get you out there travelling and seeing Australia.
What’s holding you back? What’s blocking your road to travel?
Is your mortgage the only thing that stands in your way of full-time travelling? If you want to travel short-term why not get a house-sitter? Or a short-term rental tenant. If you find your tenant through family or friends you may be happy to leave your furniture in place to reduce storage costs. If you are travelling full-time rent your property out for an amount around the cost of mortgage repayment. if the market allows. This will ease up the financial burden of paying your mortgage while allowing you some financial freedom to travel.
We cannot speak from experience here as we are yet to have a family. However, we have met many families along the roads travelling with their children. There is children of all years on the road from very young to school-age. If your school-aged children are making you question whether you should wait until they finish school, home-schooling is a definite option. Your children will learn fulfilling lessons from a trip around Australia. Imagine the life experience they will gain. There are many distance education options available for travellers.
Let’s focus on why you feel insecure? Are you worried about leaving family? Money? The biggest fix for insecurity is knowing you can always return to your everyday life. While it might take you a while to get back your ideal apartment/house and get your fantastic job back, you can always go back. No one will judge you for deciding to go home, after all at least you took the plunge in the first place. As they say; “You never, never know, if you never, never go”. You will learn so much about yourself, your partner and your family. You will love it but you may hate it. This is okay, at least you tried. Trying is the most important thing. Don’t always sit there wondering, what if?
We were by no means savers when we decided we wanted to go travelling. It was less than 12 months from when we decided to travel to when we hit the road. This is not a long time to get yourself sorted. We were in debt and didn’t have much in the way of savings. However, when we made the decision it was like a switch was flicked. We went into over-drive, we set our departure date and then made a plan. We downsized and moved in with family. (This may not be an option but why not move into your caravan before departure or move into a one bedroom flat instead of a 3 bedroom house with high rent?) We cut all our costs that weren’t necessary, no more Foxtel, no more fancy dinners out and so forth. We still lived in that 12 months with numerous adventures and camping trips. Everything went into paying off our debts and building up our savings. We saved a substantial amount over that 10 month period and hit the road. It proved to us if you set your mind to it, you can achieve it.
Debt is a hard one to overcome. When we refer to debt we are not referring to mortgages. We are referring to bad debt such as personal loans, store cards, car loans and credit cards. We recommend travelling this form of debt free. Why? Well because the repayments on these types of loans can eat into your savings very quickly and can make you more reliant on finding jobs along the way. From personal experience you want to work when you find a place you like not because you’ve run out of cash or need to make your next repayment. Our advice: create a budget which focuses on paying off your higher interest loans first for example start with credit card and then follow with your car loan. Set yourself a deadline to have each paid off by and you can make it happen. Keep a little nest egg to the side but put everything into paying off your debts. Cut back your house-hold costs to ease up cash flow. Look at all your money going out and question where it is going and why? You can probably go without Foxtel if it means your loan is paid off in 6 months instead of 12 and lets you leave on your journey sooner.
If it all seems too impossible start with little trips a weekend here, a week there, a month here. Dipping your toes in will allow you some security while still exploring this beautiful country.
What is holding you back from travelling? We’d love to help you out and reduce the size of your road blocks…….If something is holding you back, you can and you will overcome it.