I’ve been on the go for a little over six months now and I thought it would be interesting to take a look at the ol’ finances andÂ seeÂ if I’m in good shape or in need of a financial planner.
I can’t remember a single time since I left where I haven’t done something because of the cost. IÂ haven’t been watching my money at all, really. I’mÂ the sort ofÂ traveller who tends to throw money around when I have it and can only realy tighten the belt whenÂ the funds start to dwindle. It’s not the best of habits but it did lead to me having a hell of aÂ lot of fun in Australia for my first six months there and having to pick a hell of a lot of fruit my last six months. But earning online allows me a lot more freedom with my irresponsible spending ways and it doesn’t look like the belt-tightening phase of my trip will be due to start anytime soon.
So after six months travelling… dum dum dum… I’m in the red US$1265.
So the whole earning more than I spend goal isn’t working for me at the moment but I need to keep in mind that I’ve paid my rent up until the end of October and will be attempting to find someone to fill my room after August so might be able to recoup some of that cost. I’ve also just had to pay about $600 forÂ a new Chinese visaÂ and flightsÂ between Shenzhen (near Hong Kong) to Beijing.
Considering I’ve been steadily earning $1500-2000 per month since I left, I think I’ve been spending a lot. I’ve also bee having a lot of fun.Â August will be an insane month for me with the Olympics and my crazy Australian friends coming. If I can survive August with my liver and bank balance still intact then things will be looking good.
After BeijingÂ I plan to do some slow, low key travels around SE Asia and will spend some time on some farms so I still expect to be able to say that after a year of travelling I will earned more than I’ve spent. Maybe.