My spouse and I like to journey. Within the 5 years that we have been collectively, we have made many unforgettable recollections throughout our journeys overseas.
However 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’d 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 offered our belongings to journey full-time as digital nomads.
How we moved overseas and have become digital nomads
A number of components influenced our determination. First, my spouse and I run a consulting agency and on-line training program that teaches entrepreneurs methods to model and market themselves. Our work would not require us to be in a single particular location.
We have been additionally pissed off with the circumstances of being folks colour within the U.S. We regularly confronted racism in the feedback part every 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 am African American and my spouse is Puerto Rican.
However after watching YouTube channels like Our Wealthy Journey, studying blogs like Nomadic Matt and listening to podcasts like Chris The Freelancer’s Podcast, we realized that we might get monetary savings overseas. YouTube channels like Passport Heavy additionally confirmed us that there could possibly be fewer experiences of racism in different nations.
So after the cruise journey, we offered our automobile and belongings, apart from a couple of particular gadgets that we preserve in a storage unit. We additionally offered 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 income to pay down debt and spend money on our retirement and emergency funds. A 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 Good.
How we earn, save and spend cash
Along with 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.
Once we first began touring, we dedicated to not spending greater than once we did in Florida. Our common month-to-month bills again then have been:
- Mortgage (on two properties): $5,686
- Upkeep and insurance coverage charges (on two properties): $2,385
- Utilities and cellphone: $621
- Automobile funds and fuel: $2,058
- Automobile insurance coverage: $275
- Medical health insurance: $548
- Meals (groceries and consuming out): $2,500
- Health memberships: $438
- Streaming providers: $65
- Bank card debt: $525
Our aim was to dwell a cushty and enjoyable life whereas additionally saving cash. Now, we have minimize our month-to-month finances by greater than 50%, and we give ourselves a most of $8,000 per 30 days to fund our lives as digital nomads.
Thus far, our month-to-month bills have averaged $7,886. We put each buy we will on our bank cards to build up factors and miles, then redeem them free of charge flights.
We spent February this yr in Lisbon, Portugal. Here’s a breakdown of our month-to-month bills there:
- Lease (Airbnbs): $2,683
- Flights: $1,498
- Transportation: $131
- Meals (groceries, consuming out): $2,137
- Streaming providers: $65
- Telephone: $121
- Automobile insurance coverage (our daughter’s automobile): $195
- Small storage unit within the U.S.: $95
- Remedy: $780
- Leisure: $81
How we select our digital nomad locations
We select our locations primarily based on seasonal climate, value of dwelling, and whether or not the nation is on both of our bucket lists.
We keep in Airbnbs over accommodations 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. Resorts simply cannot supply all of that.
We spend wherever from one to a few months in every place. For some folks, it may really feel tiring to have such a transient life-style, however we find it irresistible.
We construction our schedule to steadiness work and enjoyable
Work takes up a lot of our time throughout 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 am the chef within the household, so we eat at dwelling throughout the weekdays.
Weekends are once we actually get to have enjoyable. We sleep in on Saturday mornings, and I wake my spouse up with espresso and a home made breakfast. Then now we have an inventory of sights 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 loads. Our favourite metropolis up to now has been Rome. The Italian meals there may be unbeatable.
We like that we will stroll from our Airbnb close to the Vatican to the middle of Rome in about 25 minutes. We might depart and be indulging in pizza or gelato very quickly. The stroll across the metropolis and again to our Airbnb helps us burn off an excellent quantity of energy.
Full-time journey is freedom for us
We have been digital nomads for seven months now and we do not remorse our determination to promote the whole lot and journey full-time.
We’re at present in Medellin, Colombia.
Whereas touring, we use Zoom and FaceTime to remain in contact with folks again dwelling. Expertise permits us to dwell the full-time digital nomad life-style with out feeling so distant from our household and associates.
We’re saving cash and staying in nations that really feel welcoming to us as folks of colour. Europe was such an excellent expertise that we’re contemplating getting long-term residency there.
We’re so grateful that we get to dwell a lifetime of freedom, and the place each day 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, Journey & Leisure, CBS and Mother and father, amongst many others. Comply with him and his spouse on YouTube to maintain up with their travels.
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