Baby Steps…to Big Dreams

baby steps

As I stated in my previous post, I have officially decided to homeschool. Mainly, because I want to show my girls the world and help them learn by going and doing rather than being stuck in a classroom where they are expected to sit and be quiet all day. I have also decided that my goal for the next year is to save enough money to buy an RV and take off to see the country (eventually the world)!

I wanted to lay out a plan that I have to get to that point, not only for those that would also like to do something similar, but to help keep myself accountable. I will update everyone on my progress as I go and you will get to see the success as well as any bumps along the road. So, lets get to it!

  1. Get Out of Debt!Β I am currently working my way through Dave Ramsey’sΒ The Total Money Makeover. If you are not familiar with this book, I recommend checking it out. Β He outlines “Baby Steps” to becoming financially fit. Baby Step One: Save $1000 for an emergency fund. Check! Baby Step Two: The Debt Snowball. This is what has helped me get out of credit card debt. At the beginning of 2017 I was at least $5000 in credit card debt alone. That may not seem like a lot, but for a single mom of two, it seemed like a mountain. I made the decision to pay off that debt by March 31st, 2017 and I did! I used the debt snowball to accomplish this. In short, the debt snowball is this; work on paying off the smallest debt. Once that is done, add that payment to the next debt and so on and so on until all your debt is gone. Of course, I still have a car payment and my student loans, but I am handling that just fine as of now and I am actually hoping to pay off the car in the next year. All in all, having debt on the road just adds extra expenses that can be better used for exploring.
  2. Save 3-6 Months of ExpensesΒ This is actually Baby Step 3 inΒ The Total Money Makeover,Β but after a lot of reading about traveling full-time, most people recommend doing this before hitting the road, which makes perfect sense.
  3. Downsize, Downsize, Downsize! I have always had a problem getting rid of things, so I have a lot of stuff that I really don’t need, but keep around for the sentimental value. I can’t do that on an RV. Not only is there not enough room, but I can’t have a ton of weight on it. I have already started weeding things out, but when it comes down to the wire, I will be selling about 90% of my things in order to live comfortably on the RV. My first step to accomplishing this is a garage sale this weekend. I have quite a bit of stuff that is sellable that I can also do without right now. All the money I make from this will go towards my RV fund.
  4. Increase my IncomeΒ I am currently teaching English online and it is working well for me as supplemental income while I still have my daycare. Once I quit doing daycare to go out on the road, I will need to have an established income. Within the next year, I plan to increase my bookings through teaching as well as work on increasing the traffic and revenue from my blog. That way, when I am on the road I will still have that income without having to work outside the home. This is truly what will make full-time travel possible. There are options outside of the home that can be used while traveling such as workamping, but that is for another post.
  5. Find the Perfect RV!Β This is the “last” step. I want to do tons of research, obviously, before making my final decision. The RV has to accommodate my family, so I want to make sure it is perfect.

These steps are a basic outline for the next year. There are tons of other tiny steps that will go into making all this a reality, but as long as I have a general idea of where I want to go and what I want to do, I can move from there. I hope this helps some of you who would like to also start traveling full-time. I would love to hear any input if you think I am missing something or just general comments!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s