Because of our lack of debt, our basic equation is that, in order to keep Boldly Went-ing, we just have to figure out how to keep our expenses lower than our income. The way we've been achieving that, I think, is probably what you'll find most helpful here.

In order to achieve a balanced financial equation, there are really only two things you can do: drop your expenses, and increase your revenue. This is where the rubber hits the road: the practical answer to the question of "how we afford to do what we're doing." How do we make more than we spend while also traveling around, making up a business, hiking a bunch, doing what we want?

The two categories of actions we take include dropping expenses we can live without, and maximizing the number of revenue streams that we can cobble together.

I mentioned above that we haven't had traditional contract-based full-time jobs for 3 years. But that doesn't mean at all that we don't work. In fact, we work more now than when we would if we did have normal jobs. I'm almost sure of it. It's just that the jobs take the form of a series of side-hustles. And they're organized so that we can do them in a way that's compatible with a peripatetic lifestyle. 

While for most of our lives, our sole income streams were traditional jobs, in 2018, there have been at least 10 ways that we've earned money. In roughly descending order, from most to least lucrative, here are our the ways we've made money this year (not including investments because we’re not planning to touch those pre - retirement, so the money’s not “real” yet for us):
​

• Nursing - i.e., my per diem job where I can pick up shifts as needed/possible.
• Medical direction at outdoor events: i.e., Angel's contract with Destination Trail's series of 200 mile races this late summer/early Fall.
• Renting out our house
• Selling tickets to Boldly Went events.
• Patreon donors - people who believe in what we're doing giving little bits of money monthly to keep it going.
• Tour guiding through Boldly Went in the Seattle area.
• Renting out our Oru Kayaks
• Podcast/event sponsorships
• Selling merchandise
• Selling our personal stuff. 

None of those revenue streams is big, but pieced together, they're enough to allow us to travel around, work on establishing the business, and work on creating more revenue streams - writing a book, trying to build bigger events, finding more sponsors, and maybe picking up more fun side jobs that don't feel like a burden.

What’s life feel like in that context? Pretty damn flexible. There's no one job obligation that feels like it truly "owns" us. We have to figure out how to make money to keep doing what we want - but it's the "keep doing what we want" idea that feels like it's the focal point of our life, rather than the "making money" part. Life feels creative, and a bit unstable, but not in a threatening way because we always have nursing as a fallback. Our taxable income at the end of the year will be really low, but I definitely don't feel poor, because we have figured out so many options. And I think a variety of options in life is the true opposite of poverty. 

Mainly, life these last few years feels like investing in something we believe in with this project - something really personal, creative, and cool.

Will our income streams be different next year? Almost definitely. Maybe we'll find some online income? Or take different side jobs? Or just work more at the hospital? Or less? Who knows? It's weird - it almost doesn't matter, because it's not the point. The point is finding out a way to afford to do what we're doing - traveling, building a business, working on passion projects, creating something cool in the world that we believe in.

A simple, practical way to apply the role model idea is that when confronted by a person who has done something amazing, or better, something that you're jealous about, better than saying "must be nice..." is to ask the question, "How'd you do that?" When you ask it out loud, you almost always learn something valuable, even if the person's context is dramatically different from yours. 

For a personal example, we have a couple of friends, Matt and Julie Urbanski, who appear to have their act together as much as anyone I know. And while they're incredibly lovely people, I have to admit that in some ways my gut response when I think about their life is jealousy: particularly in the fact that they have only spent intermittent periods of time working since college, and have traveled for periods of up to three years at a time without traditional jobs. They both have degrees in finance, and because I'm completely ignorant of that field, my gut response to their situation is that they must have been able to save like a million dollars from a few years of work and so now can do what they want. Must be nice, but I can't make that kind of money as a nurse.

But, a few weeks back, they posted a helpful article on their blog about financing their lifestyle, and it prompted me to think more concretely about their situation. I know they live frugally, have a few sources of income that are portable wherever they are in the world, and basically have a huge sense of freedom and possibility in life despite the fact that they have a kid and careers and lots of goals that people tend to see as prohibiting travel. But I didn't know anything about the concrete financials behind that, and I was assuming that they were in a place financially where we weren't.

So, I asked specifically how they did it: how much money did you have in savings when you quit your jobs, and how much do you feel like is "enough"?  While I won't go into specifics, I was surprised to learn that when they started traveling their net worth looked very similar to ours now. I also learned pretty quickly that a key difference between us and them is that their sophisticated understanding of the way that investment works is what allows them to feel a sense of financial freedom and control as much as the actual money they have in the bank.

Their situation is significantly different from ours. I personally like having a home base in Seattle, while they seem to be persistent drifters. I'm generally happy with the working life, as long as I'm doing something meaningful, and while I want to be able to travel I see myself doing it for nearly as long of periods of time as them. But I do want their sense of financial freedom and control, and I do want to feel like I'm able to fully decide when and where I want to work, and when and where I want to travel, in the way that they do. And so, as we're making financial planning goals across the next few years, I'm going to be using them as a key resource rather than an object of ignorant bitter envy. They're way better role models than rivals (especially since they kick our butts in most important areas of life)!  
​

Don't read the comments, but more importantly don't write any comments yourself. 

I really believe that to do cool things, you have to surround yourself with cool people. But more so, you have to recognize that those cool people can make your life better, and shouldn't be targets for your bitter frothy gleek.  ​