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episode 445: Can’t Afford to Travel? Nomadic Matt Says You’re (Probably) Wrong
Travel hacking allows you to see the world for less than you spend at home. That’s right. If you took your rent or mortgage payment in the US and traded it for traveling abroad, you could live off far less money and do far more than you do back in the States. But you’ll need to know how to work the system before you take off on your flight, or else you might come home happy and full but broke.
Matthew Kepnes, better known online as Nomadic Matt, made travel his full-time job, documenting how much he spent, saved, and enjoyed along the way. Matt has spent more time outside the US than most Americans will in their lives—and he has some secrets to share. Matt goes over EXACTLY how to start travel hacking, from credit cards to cheap activities, hostels, hotels, and horror stories you should try to avoid.
Matt also shares why so many Americans spend WAY too much money when they’re abroad and what you can do tomake your trip last FAR longer IF you follow a few essential tips. So, if you want to finally take the year off and wander around Europe, Southeast Asia, or Central America but don’t think you have the funds to do so, Matt is here to prove you wrong.
In This Episode We Cover
The most cost-effective way to travel and why you MUST “travel like you live”
Why smart spenders MUST get a travel rewards credit card NOW
Geographic arbitrage and the cheapest countries/areas to stay in for weeks (or months!)
Hostel horror stories and why it ISN’T all partying and bunk beds
Free activities you can do in ANY city and where to find them
Matt’s top travel websites and apps to find hotel and flight deals for cheap
And So Much More!
Links from the Show
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Grab Scott’s Book, “Set for Life”
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Podcast Talent Search!
Money Moment
How to Earn Free Vacations With Travel Rewards Credit Cards
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-445
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