What an amazing life you've built for yourself. Kudos! How do you handle US taxes since you're a US citizen? What US state are you a resident of? Do you have an accountant?
Awesome video! Have you ever considered house sitting to lower your accommodation cost? I just signed up for Trusted Housesitter and have been pleasantly surprised. I plan on using it in more expensive countries, like Switzerland. I’ve seen several postings in Switzerland and other expensive areas in Europe. Plus, you get to hang out with cute animals :)
Thanks for your feedback! I have actually been signed up with them for years now but have yet to use them. It does seem like a great way to travel and I would love to try it sometime :)
I agree, hostels with lockers. At a hostel without lockers (very rare, but Casablanca Morocco comes to mind), I find the owner or senior staffer to take my bag while I'm out. I travel solo with a folding bike, so that goes by my bed when I'm not riding it. Nothing ever lost or stolen.
Gnrl ?? What CC and strategy do you use for traveling outside the US. Yes, there is plenty of CC that have high rewards (points of cash back) for hotels, car rentals, and airfares regardless of where the flight is from/to, but for the rest of the expenses it doesn't work like in the US. No gas or grocery or Pharmacy or many of the other multipliers. Which card have you found that maximises those things??
Are you asking about which non-US credit cards are the best? I am not sure as every country is different. I use only US credit cards for collecting points, and about 90% of the purchases I make are outside the US, and I am still getting the points. I'm not sure if that answers your Q?
@@TheNomadNextdoor Yes, I was referring to US CC for people from the US traveling (short or long term) abroad. I pay for nearly 95-100% of everything with CC and get back anywhere between 3.5-5.5% back from them in the US, but that is because all those US CC use codes issued by the vendors that classify them as gas vs supermarket vs utilities vs etc. Not the case when traveling abroad where the US CC seem to see almost all vendors as "misc". Sure, restaurants is an exception, but getting the rest falls into the low reward/cashback category. Sure, I use CC without foreign transaction fees and cash if necessary. I am trying to maximise the rewards from my expenses abroad, as I am sure every traveler enjoys benefits and discounts like myself. Thanks for your reply.
What a great video. I love how you have provided so much detail and showed that it is actually not as impossible as it might seem at first. I had a couple of questions though, for the 6 months of the year when you are in Switzerland, you said you couldn't live off 2000/month. So do you take temporary jobs? Also you $1000/month per person number is that just 2000/month divided by 2 or do you think you 1 person could actually live in bali or other similar places for $1000/month? Thanks again now Ill check out your other videos! :)
Thanks for your feedback! Yes, when we are in Switzerland my husband works in construction, which he can pickup temporarily. The $1000/ month per person is for 2 people. However I used to travel solo and the number was a bit more for one person, just because you are paying the same rent for a place to stay regardless of whether you are one or two people. That being said, if you are living somewhere like Bali the rent is normally between $300-$500 a month if you’re living somewhere like a Homestay, so the difference for one or two people isn’t that big. I hope that answers your questions :)
I always recommend looking for online/ remote work before traveling so you still have income, but everyone’s situation is different. Here is a video I made about passive income streams: 5 Passive Income Ideas You Can Start Today With $0 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-74nJ_gEk1do.html
Hello, I looked at a lot of travel you tubers, but I still waiting to hear how to handle your finances while traveling, you use credit cards, withdraw money, carry cash (what denominations, etc,) Please explain, thanks
A lot depends on the country we’re in. If we’re somewhere that is mainly cash then we will withdraw 1-2 weeks worth of cash, hide most of it in different parts of our luggage and keep it back where we’re staying, and only carry enough on us to last for the day (not more- in case something gets lost or stolen). We prefer to use credit cards (with no foreign transaction fees) whenever possible, as it eliminates those risks of carrying cash. I hope this is helpful!
Also check out my recent video, it features some of the credit cards, atm cards, and other tools I use to ease travel: 7 Apps That Will Change The Way You Travel ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-WLQY73EpDFs.html
