3 Ways To Quit Your Job And Travel The World Without Going Broke

by Sarah Peterson

Have you ever wished you could afford to travel more?

Maybe you’ve dreamed of spending spring in the south of France or Christmas in London.

Or if you’re like me, you’ve craved learning Spanish in Argentina or trekking Machu Picchu in Peru.

You’ve found yourself searching flight prices and Airbnb accommodations and have even come dangerously close to booking.

Well, until you remember your bank account.

Yeah, I’ve been there.

But in February, I quit my job and booked a one-way ticket to Portugal.

I spent several weeks wandering Europe with a friend.

I devoured pizza in Naples, partied at the Nice Carnival in France and wandered the picturesque streets of Barcelona until my feet bled.

Most people react to this by saying something like, "You’re so lucky!" or “I wish I could do that!”

But do you want to know something funny?

The people who say these things can do the exact same thing.

I’m not special.

I wasn’t born rich, I didn’t win the lottery and I don’t have any advantages you don’t possess.

In fact, I have a mortgage.

I paid for a wedding last year.

I live in one of the most expensive places in the Western hemisphere.

If I can travel whenever I want, you can, too.

You just have to conquer your money, quit that job and book a ticket.

Make a rock-solid plan to quit your job and travel.

You probably can’t quit your 9-to-5 tomorrow, right?

Yeah, I couldn’t either.

I have a mortgage to pay, and you probably have bills to pay, too.

But what you can do is make a plan so you can figure out when you can make your dreams a reality.

Here are three steps you can take to quit your job to travel the world:

1. Your Income

How much do you earn?

How much do you need for your living expenses and the occasional treat?

Make a current budget.

Plan out how much you could save each month to make this dream a reality. Make a conservative plan and an aggressive plan.

If you were to cut out most of the luxuries you currently pay for, how much closer would your dream of traveling be?

2. Your Travel Budget

Where do you want to go first?

How much money would you need each day, week and month you’re on the road?

How long would it take for you to save up with the number you came up with above?

3. Earnings

What skills and abilities do you have that you can offer as a service or product?

How can you earn more money and — ideally — continue earning that money while you’re on the road?

One of the easiest ways to be able to afford traveling as much as you want is to get paid while you’re doing it.

Sound far-fetched?

Well, this may have been out of reach a decade ago, but now being able to make money from anywhere in the world (as long as you have a WiFi connection) is a reality for many Millennials.

My entire career is location-independent, allowing me to not only spend money while I’m adventuring, but also earn it.

You need to create location-independent income streams.

When I travel, I have several systems in place that help me earn an income no matter where I am in the world.

That’s the power of the Internet.

In my case, I am a business and blogging coach, so I help people build online businesses.

I don’t need to be at an office to do this; I just need Skype and a WiFi connection.

I also run a blog where I earn passive income through referrals to products that I use and love, even when I’m asleep or trekking through Nepal.

Finally, I use one of my marketable skills (content marketing) to offer a service (freelance writing) that I sell to clients.

This allows me to remain completely self-employed and location-independent when I choose to be.

What skills or expertise can you offer or make a product from so you can earn money from anywhere?

If you can't think of any right away, don't worry; I've got your back.

Click here to register for a free 14-day email course to find your perfect location-independent income stream idea.

We all have marketable skills and ideas.

You just have to dig deep to find them.

If I wanted to know what you prioritize in life, I’d take a look at your bank account.

If there’s one skill that we as Millennials need to hone, it’s the skill of carefully setting our priorities and structuring our lives to feed those priorities.

That means if travel is important to you — and if you want to be able to live a lifestyle of freedom and adventure — you need to prioritize it, and that means financially.

How can you do this?

Well, let’s start with no debt.

Debt is a huge waste of money, and it will hold you back from going anywhere, literally and figuratively.

Living a debt-free lifestyle opens doors for you that you didn’t even know existed.

Another prioritization must is turning your back on consumerism.

Every dollar you spend on stuff is a dollar taken away from you seeing the world.

That $60 dress could have afforded you four days in many Asian and South American countries.

Stuff isn’t important.

You can’t take it with you, both when you leave this world and when you leave the country.

If you want to travel whenever you want, you can’t have anything holding you back.

That includes debt and consumer goods.

What does your lifestyle say about you? How can you adjust it to reflect what you truly value?

If you’re reading this, you probably have the ability to quit your job and travel the world.

You just have to conquer your money, your time and your priorities first.

So, start making a plan.

Start building those income streams.

Start feeding your values.

Before you know it, you’ll be booking a one-way plane ticket and achieving that goal you’ve always wanted to achieve.

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