Around the middle of last year, I decided that I wanted to go travelling. I decided that I was going to quit my job, pack up and travel. Sounds good doesn’t it?
There’s one major obstacle in my way – debt. Having done an Undergraduate Degree, followed by a Postgraduate Diploma, and then a big trip to Tanzania and a wedding party at the end of last year, I’ve borrowed quite a bit of money. So, I’ve set a leaving date of Christmas 2017 which, right now, feels miles away, but gives me plenty of time to clear my debt, save some money and plan my travels.
The most logical thing for me to do is to get rid of my debt first, before I start trying to save – a no brainer really as I’m paying interest on the money I still owe. The two main focuses I have at the moment are:
1. Saving money on day to day expenses
2. Generating extra income to pay off the debt more quickly.
I’ve read lots of blogs and books etc. about people quitting their jobs to go travelling but most of them start from the point where the writer is already travelling – quite often it seems as though the road to actually packing up and leaving was short and simple. Maybe they had savings, or just no debt or commitments. But that’s not the case for me, so I thought it might be quite interesting (for readers, and for me to look back on in years to come) and useful for others who are thinking of doing the same to document my journey from now, up to the point that I achieve my dream and board a plane out of the UK in 2017 *fingers crossed*
I don’t want to cram too much into each post as some of it may be quite dull! So my next post is going to be about setting a budget and trying to cut back on everyday expenses.