When You Want to Move, But You’re Scared

Sometimes, new opportunities can seem amazing. Becoming location independent, traveling the world, taking a job in a foreign country.

Move Scared Bali Coast Blue Ocean www.thethreeyearexperiment.com

But let’s face it. Those opportunities can also be terrifying. How do you leave a place where you’ve lived, maybe for years? How do you take your kids out of the only school they’ve ever known? How do you leave your family behind?

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With exciting new opportunities come LOTS of feelings. Mr. ThreeYear and I have wrestled with lots of these feelings and emotions during our three year experiment. And it turns out, we’re not the only ones.

Jaime, who runs the blog Keep Thrifty with her husband Chris, is facing the same daunting challenges of leaving what she knows and loves to face the great unknown as her family debates taking another year of mini-retirement, going back to traditional corporate jobs, or moving somewhere new.

Like us, Chris and Jaime are contemplating moving somewhere new or possibly, extended travel. They have lived their entire married lives in Madison, Wisconsin, and are surrounded by their extended families, whom they and their three girls see regularly. They’re facing the uncertainty and guilt of leaving behind their families in the face of a really strong pull towards adventure.  Continue reading “When You Want to Move, But You’re Scared”

Figuring Out the Why

Sometimes we follow paths in our lives for no particular reason–they’re the expected thing to do, or we’ve told ourselves the story of how our lives will look, and so we go about making our lives look like the story.

Boy walking in fall woods Figuring out the why www.thethreeyearexperiment.com

If you’re starting to ask yourself why you’ve made the decisions you’ve made in life, that might be the first step toward realizing you may want to change some things. Our family definitely got to that point after mounting frustration with our inability to spend enough time with our respective families.

We knew that in order to reach our dreams of location independence we would have to make some big sacrifices, ask some hard questions, and explore scary and unfamiliar options. We’d probably have to live in the land of limbo for awhile. Continue reading “Figuring Out the Why”

How We Are Working Towards Location Freedom: Guest Post on Keep Thrifty

Today I’m excited to guest post on Keep Thrifty. Keep Thrifty is a personal finance and travel blog run by Chris and Jaime, who live in Madison, Wisconsin. They’re run some amazing lifestyle experiments in the last few years, including living in half their house, moving to an apartment, and taking a one-year mini-retirement. I love how brave and willing to think outside of the box they are for their family.

In the post, I share how I caught the travel bug, met and married Mr. ThreeYear, and then settled into… life as we know it! I share the reasons we’ve embarked on our three year experiment and what we hope to get out of it as we work towards location independence, or location freedom, as Keep Thrifty calls it! It sure is freedom!! Not being tied down to one job or one place is such a freeing thought. Gives me goosebumps just thinking about it! Continue reading “How We Are Working Towards Location Freedom: Guest Post on Keep Thrifty”

How to Cut the Cord: Guest Post on 99 to 1 Percent

Our family is on a three-year journey to double our net worth, sell our house, and become location independent–in other words, to cut the cord and travel.

If you haven’t read our complete story, it was just featured on the blog 99to1Percent.

How to Cut the Cord--www.thethreeyearexperiment.com

99 to 1 Percent

Here’s a sample:

Have you ever woken up to a truly terrible winter day, with snow and sleet pouring down, gray clouds and cold everywhere, and thought, “Get me out of here! I want to live somewhere warm and tropical!” before you pulled the covers back over your head? Continue reading “How to Cut the Cord: Guest Post on 99 to 1 Percent”

Location Independence, International Jobs: Jim from Route to Retire

Hello! Welcome to “Location Independent, International Jobs,” the Wednesday series where I showcase stories from people who have become location independent, work internationally, and/or continuously travel. I’ve interviewed all kinds of people who all have slightly different takes on location independence or living internationally. Posts include Steve from Think, Save, Retire,  Pete of Do You Even Blog?, and Mrs. Adventure Rich

Guest posters will be sharing how they became (or will become!!) location independent or how they got jobs abroad, but most importantly, they’ll share how their lifestyle has positively or negatively affected their finances and how they got to the life they’re living now.  

The reason for this series is to showcase people who have already achieved what the ThreeYear family is working towards: location independence and/or securing international jobs

Today, I’m thrilled to introduce Jim from Route to Retire. I reached out to Jim when I heard him share his plans to retire to Panama. Jim discovered the idea of FIRE (financial independence/early retirement) a handful of years ago. On regular salaries, he and his wife (Mrs. R2R) worked hard to reach a $1 million net worth in 2017. They’re now slated to retire at the end of 2019 (Jim will be 44 years old). They plan to move to Panama (along with their daughter, of course) in 2020 as part of their retirement strategy. 

Can you tell us a little bit about your background? Where you’re from, how long married, degrees, kids, ages, etc.

I’m 42, my wife is 40, and we’re both from Ohio. I graduated with a degree in Computer Information Systems and my wife with a degree in Child and Family Development.

We met right after I graduated from college – at a bar of all places! It’s a little more innocent than it sounds, though. We were both there with mutual friends that introduced us. We hit it off and have been together ever since and we’ve been married now for over 11 years.

We have a seven-year-old daughter and she’s the most amazing kid in the world. She actually recently wrote part of the second most popular post on my blog’s site titled “Like Father, Like Daughter….” I love her more than anything and she’s really the catalyst for why I want to retire early. It sincerely crushed me that I had to go to work every day shortly after she was born instead of spending those first few years with her. Continue reading “Location Independence, International Jobs: Jim from Route to Retire”

My Inspirations for Location Independence

Location independence, or being able to travel or live anywhere independent of a job, is something that has always appealed to me. Part of the reason is that Mr. ThreeYear’s family lives on one continent, and mine on another. So we always feel caught in-between. But even before I met Mr. ThreeYear, I dreamed about dividing my time between two places, or traveling the world.

My Inspirations for Location Inpdendence--www.thethreeyearexperiment.com

Along the way, I’ve been inspired by people who have lived a similar life.

The flight attendant from my TESOL program

In August of 2001, I traveled to Montreal to complete a TESOL (Teaching English to Speakers of Other Languages) training program before I moved to Chile. I met a Colombian flight attendant while I was there, and asked her where she lived. Her answer astounded me. “I divide my time between North and South America,” she told me. She lived in Montreal for the summer and fall and Colombia in the winter and spring. Her children were older, I remember, already in college, and she and her husband split their time between two places they loved. Continue reading “My Inspirations for Location Independence”

Interview with Mr. ThreeYear

Mr. ThreeYear, apart from increasing the height and attractiveness genes of my children (thanks, honey!), is one-half of the brains behind our location independence plan. He also has an incredible story of growing up in difficult circumstances and working very hard to make a better life for himself.

Interview with Mr. ThreeYear

Since normally, I write the blog and Mr. ThreeYear just reads it, I thought I’d turn the reins over to him and allow him to share his thoughts on location independence, overcoming obstacles, and reaching financial independence.

Can you tell everyone a little about your background?

I was born in Santiago, Chile, in the mid-seventies. I grew up under the dictatorship of Augusto Pinochet. Our family was not really political; however, it was clear to see that it was not a smart idea to publicly oppose the government because of the consequences it would bring to your family.

I was the youngest of four siblings. I have two much older sisters who married and left the house early. My brother was also older, by eleven years. We lived right next to my grandmother. The country was very economically depressed. It was hard to get jobs. Unfortunately, my dad was unemployed for a long time, which made my mom the main breadwinner, working three jobs at a time (she was a special education teacher). We never starved, but it was clear to me that we were at the lower end of the financial spectrum. Continue reading “Interview with Mr. ThreeYear”

Location Independent, International Jobs: Kerri

Hello! Welcome to “Location Independent, International Jobs,” the Wednesday series where I showcase stories from people who have become location independent, work internationally, and/or continuously travel (check out previous stories here, here, here, and here!). Guest posters will be sharing how they became location independent or how they got jobs abroad, but most importantly, they’ll share how their lifestyle has positively or negatively affected their finances and how they got to the life they’re living now.  

The reason for this series is to showcase people who have already achieved what the ThreeYear family is working towards: location independence and/or securing international jobs. Since we’re not sure which route we’ll take, we thought we’d hear from people who’ve already achieved one or the other, so we can learn more.

Today, I’d like to introduce you to Kerri, who happens to be… my sister! Not only is she one of the most creative people I’ve ever met, she and her husband Joel have created an incredible Etsy business making handcrafted leather goods. Their business was recently featured in the Charlotte Observer (they live in the Queen City). About a year and a half ago, the business had grown to the point that Kerri was able to quit her job at a design firm and work full-time from home. I interviewed her last week while I was staying with her for a few days. Here’s her inspiring story of entrepreneurship and location independence! 

Can you tell us a little bit about your background?

I was a graphic design major in college. I’ve always been someone who likes to make things and I’ve always been crafty. When I was a kid, my definition of playing was making things. [Laurie: Yep. She and I had many a Barbie fashion show, and Kerri created fabulous Barbie outfits out of bits of fabric and ribbon. She also made crazy cool tree houses and forts in the woods]. After college, I got a job with a yearbook design company doing corporate marketing and I worked there for one year. After college, I moved to Milan, Italy, to attend Domus Academy, a prestigious design school, to obtain my masters in design. I’d always wanted to move abroad, and I teamed up with a friend of mine from college to plan a way to get there. I was there for a year and while I was there, I got a crash course in product design and the Italian design process.

Kerri in her studio--www.thethreeyearexperiment.com
Kerri in her Charlotte, NC, leather working studio.

When you think of Italian design, you think of some of the greatest designers in the world. And I was heavily influenced by the Italian way of doing things. They have such an incredible sense of history and craftsmanship there, a strong sense of history and tradition in everything they do. There is always a nod to the past and to the process. That stuck with me, not to mention the leather.

When I got back from Italy, I moved back to Charlotte, where I’d been living before I got my Master’s. It was a down economy, so I felt very lucky to get my old job back. It wasn’t my dream job, but it was stable design work. Joel, my then-boyfriend, and I had been dating for a few years at that point, and we got married in 2010. We met in college, where he was also a graphic design major. While I was in Italy, he’d gotten a job with Rubbermaid designing their packaging.
Continue reading “Location Independent, International Jobs: Kerri”

Location Independent, International Jobs: Heather

Hello! Welcome to “Location Independent, International Jobs,” the Wednesday series where I showcase stories from people who have become location independent, work internationally, and/or continuously travel. I’ve interviewed some fascinating individuals who all have slightly different takes on location independence or living internationally. Recent posts include Steve from Think, Save, Retire,  Mrs. Adventure Rich, and Mavis, an international teacher.

Guest posters will be sharing how they became location independent or how they got jobs abroad, but most importantly, they’ll share how their lifestyle has positively or negatively affected their finances and how they got to the life they’re living now.  

The reason for this series is to showcase people who have already achieved what the ThreeYear family is working towards: location independence and/or securing international jobs. Since we’re not sure which route we’ll take, we thought we’d hear from people who’ve already achieved one or the other, so we can learn more.
Today, I’d like to introduce you to Heather, a twenty-something ESOL teacher who lives in New Hampshire. 

I know Heather from my Master’s program and we have a lot in common, which is why I asked her if she would share her story on the blog. Heather moved to Chile after college, just like I did, and taught English as a Second Language, just like I did, and fell in love with Chile (easy to do!) just like I did. And we both live in New Hampshire and attend the same Master’s program in TESOL (Teaching English to Speakers of Other Languages). But, our stories are a bit different, and probably more importantly, we’re about a decade apart in age. So Heather is at a different place in life than I am, which is cool, because she can do things like introduce me to SnapChat. Okay, without further ado, I give you Heather! 

Can you tell us a little bit about your background?

I’m from Sandwich, New Hampshire. [Laurie: I love that town name]. I have a B.A. in Italian Studies from Connecticut College.

 

Heather--www.thethreeyearexperiment.com
Heather in Gran Torre Santiago (the tallest building in Latin America), overlooking the north part of the city.

How did you make the decision to move internationally?

I was finishing up college and was set on working abroad as an English teacher. I had done the CELTA course between freshman and sophomore year and wanted to get a job where I could be the principal teacher since previously I had volunteered or tutored (CELTA stands for Certificate of English Language Teaching to Adults–it’s affiliated with the University of Cambridge ESOL examinations). I didn’t apply for any US jobs and put all my energy into looking for something abroad. I figured this was a perfect time to do it since I would be graduating and needed a break from school. Also, I wanted to confirm that TESOL was my career path before jumping into grad school. Continue reading “Location Independent, International Jobs: Heather”

Why You Should Spend Money on Travel

One thing I’ve learned about the journey of personal finance is that it’s personal. We all have different priorities for our money.

But today, I’m going to argue that everybody who can finagle it should spend money on travel. Whatever you call them–get aways, mini breaks, vacations, holidays–no matter how close or far from home you go, I believe there are major benefits to regular travel.

Spend Money on Travel--www.thethreeyearexperiment.com

Our family has been a fan of traveling for a long time. Because, what better way is there to prepare for a life where you can travel anywhere than to travel, well, somewhere? If you’re interested in becoming location independent, I recommend making it a priority to take at least one trip or mini-trip per year.

Yes, there is always debt to pay off, emergency funds to fill, and possessions to pare, but the benefits of travel are many. Taking a small percentage of your take-home pay and reserving it for a trip each year, even a brief, close-to-home one, is worth delaying those other goals by a few months.

Mr. ThreeYear and I took a weekend trip to Montreal several years ago, and it was nectar to our traveling souls. We’re only three hours away by car from Montreal, so we booked a hotel using our credit card rewards (thank you SPG card), drove up, and spent a fabulous weekend exploring the Museum of Fine Arts, the eponymous city park Mont Royal with the fabulous view of the city (boy were my legs tired after that climb!), and the heart of Old Montreal. We ate delicious ethnic food (including Korean BBQ and Szechuan) and drank lots of cappuccinos. Our trip lasted three days, and cost us about $350, but it reminded us why we love to travel so much and why we’re working so hard to become location independent.

Quebec--www.thethreeyearexperiment.com
A long weekend in Quebec was a balm to our parenting-weary souls.

Michelle from Making Sense of Cents recently highlighted a blogger, Penny from Penny and Rich, who spends $53,000 a year on her family of six, with $22,000 of that going to pay back student loans. Even though the family earns so little income that they qualify for federal food assistance, her family makes travel a priority. They set aside a little less than $2500 last year for vacations for their families. Some snarky commenters gave Penny a hard time for spending money on vacation while qualifying for food stamps, but I believe she has her priorities in order. Here’s why you should spend money on travel: Continue reading “Why You Should Spend Money on Travel”