Year 5 Nomad Travel – Back to Slow Travel (Part I – The highlights)

Year 5 (2022-23) was an incredible year filled with exploration! We embarked on adventures to new and exciting destinations, such as Italy, Fiji, Australia, and Cambodia, uncovering hidden gems we had never experienced before together. We also had the opportunity to revisit familiar places (like Vietnam, Thailand and Taiwan). We also cherished precious moments spent with our respective families back home.

In this first post of a two-part series, we will dig into reminiscing about the highlights of that exciting year! Are you ready to dive in and experience those extraordinary moments with us?

Year 3 Nomad Travel Spend Report – Unplanned Pandemic Year (Part I – The highlights)

Year 3 was an interesting year since 2020 was an unprecedented year for everyone. For the first time, we stayed in the same country for pretty much an entire year due to an unforeseen global pandemic. We have learned a lot from these past 3 years from both a travel and budget standpoint. In this first part, we are diving into the fun/travel part of our journey by looking at our top highlights.

Year 2 Nomad Travel Spend Report – Still half the cost plus unexpected pandemic change of plans

It’s been 2 years since we got married, got rid of all of our stuff and left San Francisco to become nomads and slow travel the world! Year 1 was amazing, we were living out our dream lifestyle to see the world and staying in some really cool cities. Plus, we were able to do all of that for half the cost of living at home in San Francisco. Coming into year 2, we were becoming seasoned nomads and getting into a rhythm of enjoying new places, eating delicious meals, exploring nature, settling into monthly apartments and even making new nomad friends. We learned a lot from year 1 and applied similar money saving techniques such as booking long-term Airbnbs and using airline reward points. We had exciting plans for 2020 but like the rest of the world, we had to quickly adjust when the pandemic hit in March. As a result, we became grounded nomads and had to decide where we wanted to wait things out for the last 4 months of year 2. This also involved canceling a lot of flights and Airbnb bookings.

Year 1 Nomad Travel Spend Report – Traveling the world for half of the cost of staying home

When we decided to get married and sell everything to travel the world, we knew that this new lifestyle was going to be fun, exciting but also cheaper than staying at home. What we did not know was how much cheaper it was going to be to live a very high quality of life where we would enjoy the local food scene, cook amazing meals, take regular getaway trips, spend time in nature, attend local shows/festivals and everything else you get the freedom to do when you decide to travel the world slowly.

As we are closing our first year of nomadic travel, I am digging into our finances to answer this question and the results are pretty exciting. In a nutshell in the last 12 months, we slow traveled to 10 locations in 5 countries for about half the cost of living in San Francisco. But more than reducing our spending, geo-arbitrage let us rebalance our expenses towards activities that we enjoy the most, spending more time with our respective families, living a less stressful life and exploring new places in the world.

So let’s dig into our spending report for our first year of nomadic living!

(more…)