From 1993 to 2014, we owned no real estate, had given up a home base and had given up all of the stuff we used to keep in our base. The single most important financial aspect for us was to have only one home. We did not pay to keep a home base and also pay rent where we happened to be in the world. Secondly, we had no fixed expenses except for health insurance which covered us in the world (but not for more than 30 days in the USA). Thirdly, we had and stuck to a budget that changed only when our investments made money (we tried to live only on the appreciation of our capital but that became "difficult" when the dot com bubble burst, when the great recession hit and so on).
For 21 years our home was in the hotel or apartment wherever in the world our 11 suitcases, car (purchased on the continent where we happened to be), 2 bicycles and skis (that were in the rack on the car) were.
That's us and our rig at Torres del Paine, Chile in 2007
Since we began our nomadic life in 1993 (a term that really doesn’t describe us because we like luxury, not tents), it became easier and easier to have all of the comforts of home on the road. We carried with us 2 laptops and all of our financial stuff was accessed online. We used ATMs (without paying that hideous 3% foreign transaction fee that is so pervasive) which BTW didn’t exist in 1993. We have had a mail forwarder (for that pesky snail mail) that scans the envelopes for us, posts them on a website and allows us to discard items before forwarding to us the mail we want wherever we happen to be (www.usabox.com). In our cell phone, we just change the sim card and our telephone number for the country we happen to be in. We used to travel with a tiny Archos personal video recorder (before it died–for the second and last time) so that we could watch our favorite programs on our own schedule not the cable provider’s. Now we change our method of watching what we want, when we want to watch it, depending on the country we're in.
Check out our photo website: http://aledm.fototime.com.
In January 2014 we invested in real estate and have been living in the lap of luxury in our new condo (aka Private Residence) at the Four Seasons Resort Vail. Yikes! Talk about changing our style of life.... We have a home base once again (with furniture and stuff, like everyone else). Why you ask? Well, we love Vail, CO and know that for the foreseeable future (like the next 10 years) we will ski in Vail in the winters. To read a more full-some description of why we bought a condo in Vail, click here.
For the six months of the summers we had been planning to continue to travel. During the summer of 2014 we spent 1 month on a road trip to San Francisco (and actually spent 40 days joyously on the road), one month in the San Francisco Bay area, two months on Kauai (on the north shore) and two months in South Korea (in Seoul and all over). By the beginning of October we were getting road trip weary. As we have gotten older we seem less patient than we were in 1993 when we started traveling and everything was new, exciting and fun. We have decided that our future travel schedule will be more like everyone else's in the Vail Valley. We'll travel in the spring and fall.