How to Vacation or Holiday while getting out of debt or with little to no money?!?
Whether you take vacations or holidays, this is for you!
Coach Mike & his wife (Elle) have been traveling for over 8 years. Started in a 4WD in Australia, then needed a break and headed to South East Asia (Vietnam specifically), and now in the US traveling around doing RV life.
You can choose to spend $20,000 on one trip that is a few weeks long or you can choose to spend $20,000 over months (even a year) to life the holiday life. What we like to call your Ideal Life. How would you define your Ideal Life?
Another idea is a Stay-cation. Stay home or stay local for a shorter time is a great way to recharge from work or being tired.
NEVER go into debt to take a vacation or holiday. Don't use credit cards to travel with friends that may have invited you but have more money than you do for that trip.
Opportunity costs are always something to consider. If you spend $10,000 on a trip and no longer have that money to save or invest. Maybe take a $8,000 trip and invest the other $2,000..... always a trade off and we believe you can do both!
Being debt free is the best way to save and invest in your future. Saving 10-20% into retirement accounts will leave you plenty of room in your income to also spend 10-20% on a holiday per year.
Be sure to check out the ILMA Academy to start living your Ideal Life years sooner: https://www.sentinelcoaching.com/ilma