How do people afford the constant travel lifestyle?

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own a couple of properties overseas

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How does one learn how to buy properties overseas?

I’ve only bought 2 houses and sold one here so I’m not experienced I. Real estate and I’m in my 60s.

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You just need someone you can trust in that country to guide you through the transaction

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Trust.

That is hard with my limited exposure.

Did you sort of visit the same place over and over and develop relationships that led to buying property?

I can see if one had a spouse from somewhere else with family there would make things easier to develop trust.

Of course, I don’t really trust many people when it comes to money so it may just be a me problem.

You can usually find expats living in that area. You ask them for help or recommendations for professionals to use. Anyways, didn't mean to hijack your thread.

A lot of people who travel a lot probably are in a lot of CC debt or don't have much in terms of savings.

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lot of people who travel a lot probably are in a lot of CC debt or don't have much in terms of savings.

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This.

You know all of those articles you read about the largest wealth transfer in history that will pass on money from boomers to their children? Yeah, those people who travel have read the same articles. They’re counting on mom and dad to fill in the gaps in their savings.

Of course that doesn’t describe everyone who travels, but it explains a lot of it. Historically low interest rates for a while also allowed for better free cash flow since mortgages were relatively cheap.

I traveled a ton for work my last five years in the Army. Constant overseas travel. Worked every credit card mile angle there was same for hotel points.

For our family travel is a priority. Haven't had a car payment since 2017. Most families think it's too expensive to travel but have $1500 a month in cra payments.

Also if you travel during the week you get a lot of deals. I am not concerned about pulling my kid out of school sometimes for a good trip.

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Think about how much you put into savings and 401k. Most who post on this board max it out or at least hit it hard.

Many people who make the same as you take all or most of that money you would save/invest and spend it on vacations, cars, and other consumer stuff.

Thank goodness for those spenders. If everyone was as tight as me, the economy would be in shambles.

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Yep. Don't forget all the people tapping into their home equity to buy stupid shite too.

USA!

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How do people afford the constant travel lifestyle?

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They are not in fixed income careers usually.

Credit card churning.

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Some travel cheap. Fly coach, use air miles, shorter stays in off season or avoiding prime times.

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This is probably part of it.

My sister takes a LOT of weekend trips but she isn't planning her trip and then buying the plane tickets. She is searching for the cheapest/best deal and then building the trip around that.

So she may take a plane trip once every 4-6 weeks or whatever, but she isn't spending more than a couple hundred bucks on roundtrip airfare because she's booking that shite while it was on sale 4 months before. She flew in for my son's bday and her airfare was like 120 round trip. Last year she took a weekend trip somewhere I forget and she paid around 50 for her flights.

If you're someone who wants to go on a trip on X date, you're probably gonna spend a lot more on your trip vs someone who is looking to go on that trip sometime in a 2 or 3 month window.