DISQUS

Stacey Derbinshire · 1 year ago

I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you down the road!

Austin · 1 year ago

It hasn't really changed my plans for traveling long-term. We're paying off debt so that we can afford to travel a whole lot more.
I agree with your point about it being cheaper to live abroad, if you have savings and got laid off, why not ditch your apartment (and its rent) and spend 3 months somewhere cheaper? Who knows, you may find somewhere you'd rather stay :)

Austins last blog post..Off The Beaten Path: Irish Road Bowling

Gillian · 1 year ago

It hasn't affected my travel plans...yet. And I'm hopeful it won't. We live in Canada, so I'm hoping there is some buffering afforded for that, but we will certainly still be affected. My only concern is that our home is on the market and, of course, we would like to get as much as possible. But our plan is not in jeopardy so far. Thank you for the insight Christine - all very good reasons to stay on the path!

Lily · 1 year ago

Hi Christine! It absolutely has NOT changed my plans. Am taking the leap next month! I already made my reservations back in August and will be traveling for 2 months (Nov to Jan)... and then coming back in January but still hoping for a second, longer 6 month sabbatical next year (around april/may). I've saved for it, so definitely not backing out... if anything this whole mess is making me want to go even sooner!! :-) Oh and absolutely agree on all your points above. Great post as always! I might email you for tips on blogging as I launch my own blog next month to catalog my adventures!

Manzanillo Blogger · 1 year ago

Thanks so much for this post. You've got some great ideas there.

I just wrote an article for my readers on the economy and how it is affecting expats and travelers. Mind if I link to your article?

Geoff · 1 year ago

Nope, hasn't changed my plans at all. I'm still planning to leave in March (for 12 months), and if anything it's increased my resolve - I'd rather spend the year enjoying myself than be stuck at home having to read depressing news about the economy every day. Plus with interest rates being high in the UK my savings are going up even faster than they were!

Geoffs last blog post..6 months to go

Theresa · 1 year ago

I keep joking with Jeff about how it sure was a fine time for me to give up my guaranteed for life, can't fire me, comes with a pension job. But in all seriousness, it hasn't affected our plans at all, and I don't regret leaving my job. What the market will be like when we come back, I don't know, but there's certainly no point in thinking or worrying about it now.

The crashing stock market is a reminder, however, that if you're planning a big trip or some other large money suck, that you should relocate that money from the stock market into something more secure. It would certainly suck to be ready to leave for your trip and realize the $25,000 you had a few months ago is now $5,000. As for the retirement account, well, let's all just hope that by the time our own retirements come around, the stock market has not just rebounded but is on fire.

Donna · 1 year ago

Great post Christine! I linked to it in my last blog post.

Unfortunately, I don't have any travel plans, but if I did, you bet I'd still go. If only to save money! You can live very comfortably in SE Asia, South America, and Central America on $25 a day. Here in the US, that doesn't even cover my rent and utilities.

Donnas last blog post..Travel and the Economy

Chad @ Sentient Money · 1 year ago

I don't have any serious travel plans...Nebraska this weekend, but that's not serious. If I did, and it cost a significant amount of money, I would be very hesitant. I'm not saying anyone else should be, but there is more pain coming. Credit card debt is the next major problem, along with a big drop in consumer spending. This will probably be the worst downturn anyone 40 or younger has experienced, and anyone older has forgotten about the 70's/early 80's or we wouldn't be in this mess.

Travel, but have both eyes on your financial position.

Nomadic Matt · 1 year ago

It is always a good time to travel!

Nomadic Matts last blog post..How to Have Sex in Hostels

Manzanillo Blogger · 1 year ago

I just found a great article on why now is the time to become an expat, and I would dare to say, by extension, travel.

http://www.mexicopremiere.com/?p=764

mich · 1 year ago

I couldn't agree more. It's the only thing I look forward to after months of slaving through work.

Anthony · 1 year ago

Well, here is hoping I still have my job when I get back home next week, and then I will tell you if the economy has changed my plans for more travel... like a potential six month stay in Brazil teaching english sometime next year? Oh, and to court a Brazilan of course while I`m at it :)

Anthonys last blog post..Aconguazutiba Update 2

MikeC · 1 year ago

I do plan on traveling despite what's going on with the economy.It's all a matter of getting the cash to do so. That is getting tough. But I'm willing to do what I can to get the funds.

MikeCs last blog post..Go to a GWAR Show!

Taylor Davidson · 1 year ago

Think about it: it's a great time!

I'll admit that most of your individual situation in your job is probably unaffected by outside economic variables, but you probably won't be giving away much upside potential while being unemployed in a downturn.

Most of the upside potential (raises, promotions, new jobs at higher salaries) would come during better macro-economic times as companies use external variables to justify changes like that.

And then once (if?) the recession pasts, it'll be easier to fund a job anyway...

Craig Zabransky · 11 months ago

Actually, Yes I plan to travel more. and in my opinion not only is it more fun than grad school, but it is also cheaper than grad school and also way more educational.

stay adventurous.