Retired by 46 and Traveling the World

Today’s guests Tim and Amy Rutherford - currently live a life that embraces travel, a healthy lifestyle and living with purpose.  They host a successful YouTube Channel that follows their journey across the globe.  And they are doing it all as early retirees, in their 40's! THEIR MONEY STORY This wasn’t always their life... In 2014 while traveling - they had an awakening - a realization they were spending their money mindlessly and if they could stop spending so much money - they could realize their dream of retiring early and traveling more.   When they took a really hard look at their spending they found they were wasting over $115,000.00  a year with not much to show for it.  So, they took action.  They reigned in their spending significantly - ramped up their savings...and the result was that Both Tim and Amy were able to retire in their forties!   We are so excited to chat with them today and have them share some of their adventures - but also share with our House of FI Families - some of the actionable ways to get to Financial Independence faster! KEEPING THEIR BUDGET IN CHECK Amy and Tim have become super-savers and one of the best ways they shave money off of their expenses is to drastically cut their food budget.  Tim's tip:  He uses the FLIPP APP This APP is a repository for the grocery ads so you know what is on sale.   The next thing Tim and Amy do is to "shop what's on sale."  They tailor their budget and weekly menus to what is on sale.  From there Amy suggests cooking from home and from scratch as much as possible.   She also suggests subbing in ingredients based upon what is on sale in your recipes.  For example, if a recipe calls for broccoli, but asparagus is on sale - use asparagus instead.  TRAVEL HACKING Tim and Amy host a popular YouTube Channel, GoWithLess. There, they chronical their journeys and the steps they have taken to get to early retirement.  But also, they share their travel tips.  One of the ways Tim and Amy are able to travel so much is that they travel hack, using air miles and hotel/travel miles.  One of the other cool things they are known for is that they use house-sitting and/or pet sitting as a way to minimize their lodging expenses when they travel.   Amy suggests if house sitting or pet sitting is something you are interested in, to start sitting in your area first to build up good reviews and then try out of state and/or country jobs.  The site she uses to find sitting jobs is Trusted House Sitters.  Tim and Amy have a ton of great travel videos on their channel. Two of our favorite videos are a video on packing - Curt and I both need some serious help in this department - and this video has some great tips on packing light.  The other documents a recent trip they took to try out a Dentist in Mexico.  TIM AND AMY ON THE FINAL QUESTIONS Favorite financial lesson, growing up:  Amy shared the lesson she learned was to treasure the experiences. It doesn't take money to build memories.  Tim's favorite life hack is to live as much of their home life as possible when you travel.  For instance, cooking in, instead of eating out.  WHERE CAN YOU FIND TIM AND AMY IF YOU WANT TO LEARN MORE ABOUT THEIR JOURNEY..... THEIR YOUTUBE CHANNEL - GO WITH LESS