
Over the past few months I have repeatedly been hit with the question “how did you do it?? Wasn’t traveling for 7 months expensive??? And from this, I felt it important to share my tricks and tips on financially making extended travel possible on a budget.
The answer to the most commonly asked question that people pose when learning about our journey is no! Traveling for 7 months was not expensive and it is totally possible. So here is what we did.

1. Planned like crazy
We initially analyzed our monthly expenses in New York City to simply be reminded how ridiculously expensive things were for us. We then considered places we wanted to visit and began comparing the cost in those areas to what we spent in NYC monthly. After we completed a list of places we wanted to visit, we calculated the average cost for a family of three to live there for one month, and threw in a few hundreds extra just to be safe. We calculated a budget for the 7 months and got busy saving.
2. Saved our coins
Once we learned how much money we would need for our journey, we got busy saving. Being that our expenses in NYC were high, saving was challenging so we had to get creative. We started a savings jar that we contributed loose change to daily. We cut out eating out and put the money that we would typically spend on lunch into our saving fund. We collected bottles and would return them to the market each month to receive a bottle deposit refund. I participated in paid online surveys to raise a little extra money, and discontinued cable in our home. We tried to cut out any extra expenses that we could live without. 6 months prior to our journey, we sold everything in our apartment which brought in a large sum of money for us. We had weekly yard sales, posted on selling apps, and took our expensive items to consignment shops. In my free time, I did hair and makeup on the side to raise extra funds. Whatever money I had left over from my pay check after paying bills went to our travel saving account. At the end of everything, we were able to save over $16,000 USD for our trip.
3. Book a one-way ticket abroad and home
After we saved and allocated funds for our trip, we vaguely mapped out where we wanted to go and booked a one-way ticket to destination one and a one-way ticket back home from our last destination (essential to finalize our travel insurance). We picked our first destination and the ones to follow based on the best seasons to visit each place. We decided that we would use various means of transportation to travel to each of our destinations including land, water, and air travel. Whenever we needed to fly, we used special websites known for discounted airfare and only booked one-way tickets as we found it to be cheaper; and we often did not require roundtrip tickets being that we moved about.
4. Moved in with family
In efforts to continue saving money, to eliminate a crazy rent expense, and to still live comfortably after giving up all of our furniture, we moved in with family.
5. Purchase luggage
One of the last things we did before we set off on our journey was purchasing backpacking luggage for our family of 3. By trial and error, we practiced how to pack light and carry our backpacks.
6. Doctors appointments and insurance
As it got closer to the time for us to set out on our journey, we went to see our doctors for checkups and to secure medication for our time away. We then purchased inexpensive insurance plans that would cover us if we became ill abroad. A package for 3 people cost $ 150 USD for 7 months.
7. Book first destination airbnb
A few weeks before departure, we booked a place to stay via airbnb to avoid the hassle of doing so once we arrived at our first destination. During the course of our trip we used airbnb, Homeaway, and locals to help secure accommodation. We often found accomodation ranging from $15 USD per night to $40 USD per night. There were times we could splurge on a nice hotel or home when we came in under budget which was always nice; or we would eat out somewhere fancy which I loved.
8. Set out and stick to the budget
Following these minor steps, we left school and work and set out on our trip. We made sure we stuck to our budget to avoid running out of money. I maintained a notebook to be on task with budgeting and practiced a few routines to help with this. In areas where we needed to exchange money, we did so in the airport to get the best exchange rate. We shopped at local markets, ate the meal of the day whenever we ate out, cooked at home, and brought snacks on outings when we could. We also got accustomed to walking everywhere to eliminate travel expenses and downloaded maps to help us. We tried hard to do much of what a local would do to save money and it all worked out.

After all, we were able to live very nicely in each destination that we traveled to. In fact we spent about $12,600 for the 7 months we were away, and travled to Peru (Lima, Huacachina, Cuzco, and Puno), Panama (Panama City and Bocas del Toro), Costa Rica (San Jose, Monteverde, and Puerto Viejo), Nicaragua (Managua and Big Corn Island), Colombia (Bogota and Medellin), and Mexico (Playa del Carmen, Cancun, and Tulum). Our expenses for 7 months in all of these regions were equal to the cost for our expenses for 3-4 months in the states. Much of what we did were things that would be difficult for us to enjoy in the states. We got so much for our money and often felt that we were living lavishly. I was lucky to maintain remote employment to save for life when we returned home and to maintain expenses I had including loans, credit cards, and my vehicle that I was unable to sell prior to traveling. I signed up for income-based programs/options wherever possible and everything worked out very easy. The one tip that I will emphasize for anyone interested in trying this out, is researching the expenses for the places you will travel to, and allow yourself enough time to plan and save. I believe I have mastered these steps and feel well prepared to plan and budget for our next trip.

I hope I have not missed anything but will be sure to add anything I may have forgotten at a later date. If you are interested in more details about blogs I used or websites I found helpful in the course of planning my travel, feel free to message me. Until next time…
Xoxo,
Millennial Mom
Through it all, I maintained a smile…finding hope in the eyes of my “mini me”

School/work days in NYC started something like this

