- March 4, 2024
- Posted by: legaleseblogger
- Category: Related News
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Title: Exploring the Financial Implications of Embracing a Nomadic Lifestyle
Introduction:
I am reaching out to this community to delve deeper into the financial considerations associated with embracing a nomadic lifestyle. I am curious to learn about the potential pros and cons that individuals may encounter when making the decision to pack up, sell their belongings, and commit to a lifestyle of constant travel.
Body:
Has anyone within this community taken the leap to embark on a life of adventure, free from the constraints of a permanent residence? I am particularly interested in hearing from individuals who have already made this transition or those who are actively planning to do so. Understanding the financial impacts of this choice is crucial, as it can have far-reaching implications on one’s financial stability and long-term security.
Doubling the original content:
The decision to embrace a nomadic lifestyle involves a significant amount of financial planning and foresight. With the ever-changing costs of travel, accommodation, and daily expenses, it is essential to have a solid understanding of how to effectively manage finances while on the move. Additionally, unexpected expenses can arise while living a nomadic lifestyle, making it crucial to have a financial safety net in place.
How AI Legalese Decoder can help with the situation:
AI Legalese Decoder can be a valuable tool for individuals navigating the legal and financial complexities of a nomadic lifestyle. By using AI technology to decode and simplify legal jargon, individuals can gain a better understanding of the financial implications of their decisions. This can help individuals make informed choices when it comes to managing their finances while living a nomadic lifestyle. Additionally, AI Legalese Decoder can provide insights and guidance on how to effectively budget, save, and invest while on the move, ensuring that individuals are better equipped to handle the financial challenges that may arise.
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****** just grabbed a
Not in a van but did 5 months in a rooftop tent on a ute while travelling Aus, would do it again in a heartbeat.
We did it though in a van. Both wife and I had enough of work and sold everything bar the house and left 15 months ago. No plan to stop. We were lucky to start with a buffer $$ but get a few tickets and there is work in abundance. Off to west qld for 6 months now and then who knows? We figured we are along time dead and you never know when your time is over.
Depends on what you do for work. 
IÔÇÖm technically ÔÇ£fifoÔÇØ and the workplaces give me accomodation for when IÔÇÖm working. ┬áSo as long as IÔÇÖm working I get access to a hotel. For the down time IÔÇÖve been in the process of going van life.
IÔÇÖve got a neat 4wd van. With solar. A water tank. And some lithium batteries. But need a fridge, and need to refit it (was built for a single) and pay for an expansion roof to feel like IÔÇÖm not in a coffin.┬á
Then you need a gym membership for showers on the go. 
The issue is regular parking/campsites. Heaps available on camps australia website. But costs can vary. 
i still have my apartment, but will be in the process of getting self storage somewhere out of the metros 
ItÔÇÖs a tough life. And you can spend most of it worrying about how youÔÇÖll live rather than living itself.┬á
As a lifestyle because you want to travel and have that level of freedom: brilliant
As a financial decision because you want to live cheaply: kinda sucks.
I spent years living nomadic, sometimes with a vehicle, sometimes just a backpack and a tarp.
You have to be okay with limited space, which is fine if you’re parked up at the beach or a forest and the weather is gorgeous. It sucks if it’s bucketing down for days on end and you have to schlep out into the mud every time you need to use the toilet, and then deal with drying off when you come back in every time.
You have to be okay with limited possessions – which is great and freeing, but also limiting. You can’t just get everything that’s an amazing find at every OP shop and cute farmers market you pass by.
It’s cheap living because you don’t pay rent / mortgage, but you spend more on food when you can’t buy the big bag of rice and bulk potatoes and the 3L milk because there’s nowhere to put them. You can’t plan huge meal prep and freeze a weeks worth of soup and lasagne to get you through not needed to cook when you get the flu.
It’s great because you always have your vehicle and you can go anywhere, but also they’re never cheap to run and fuel is expensive when you’re in a town and just want to nip to the shops but you have to move your whole setup. (This can be alleviated a lot if you have bicycles, but that’s a whole other hassle sometimes).
Then there’s mechanical stuff – even a minor breakdown means you’re homeless for a day, and all your stuff is in there. A major breakdown (which seems to happen often with a lot of vans, and it’s a hassle to get at the engine with some builds with all the kit) and you might be homeless for days or weeks waiting for parts out in woop woop, or living in the front yard of a mechanics shop.
You just need to plan more. For everything.
But if you feel inspired: go for it! It’s all amazing adventure
Me and my partner had a crack at travelling and living in a van. We always wanted to try it and after saving up some good $$ and leaving work we took the leap. We had great times and had hard times, such is life. I know a lot of people love it, find work along the way and supplement the lifestyle for as long as they want to do it.
I suppose my biggest advice is probably obvious, it’s easy to buy into the wanderlust and happy vibes. It’s always so important to remember life is so dynamic no matter what you decide to do and highs and lows aren’t associated with a particular lifestyle.
1 thing of all things I wish we had in our van, a loo! We had a portable shower but the loo was a real pain at times not to have. Being fairly self sufficient and able to live off grid is a big bonus ƒÆò
ÔÇÿVan lifeÔÇÖ is a synonym for ÔÇÿHomelessÔÇÖ. ItÔÇÖs a way to make it sound good. It has become popular, along with ÔÇÿTiny homesÔÇÖ because housing affordability sucks wood.
Future proof yourself, go boat life
Not VanLife but embarking on boat life next year. The boat has been acquired and now I must bide out my golden handcuffs until then.
I was deep in a van life hole so hired one from camplify to really test the lifestyle out for a couple weeks. I loved it BUT, hereÔÇÖs some things to consider:
– diy/second hand vans are generally cheaper. Can be $100k for a new merc transporter.
– spend time considering your lay out; bed config, solar, grey water etc
– get a high top so you can stand, hunching gets old real quick.
– you need to know how to fix the van if something breaks; solar, lithium battery system, engine etc.
– driving a large transporter isnÔÇÖt like driving a car – for example right hand turns across 4 lanes of traffic. DonÔÇÖt go into the middle, you wonÔÇÖt be able to see out the back windows because there generally arenÔÇÖt any! I made that mistake and it was not fun. Parking in shopping centres, underground car parks etc difficult.
– parking to sleep; you either have to stealth park, pay for a caravan park spot or find somewhere without time restrictions.
– summer and winter. Summer is easy because you can park up at the beach all day long and have a great time. Get a maxi fan otherwise you wonÔÇÖt be able to sleep comfortably. Winter isnÔÇÖt too bad, you can use hot water bottle electric blanket etc. itÔÇÖs shit when it rains though because youÔÇÖre stuck inside with the doors closed. Consider an indoor kitchen otherwise youÔÇÖll be cooking in the rain
– working remote; yes vanlife is cheaper but you still need income so you need to figure out remote/seasonal etc jobs to pay for petrol/diesel etc
– get a camping toilet for inside the van. Trust me, morning pee waits for no one. Contrary to popular belief itÔÇÖs not bad. You put special tabs in it and you canÔÇÖt smell anything. Emptying can be a bit gross though but you get use to it.
– get a bike or alternative transport so you donÔÇÖt have to move the van from your spot every time you have to make a quick run down the road to the shops.
Apart from always having to move, I loved it. Social/friend/family judgment stops me from going for it permanently atm but there will be a day I donÔÇÖt care anymore!
Wife and I did 6 months in a ’79 Kombi before we had children.
What I would give to do it again. Not a worry in the world.
This isnÔÇÖt the right sub to ask about van life. For sure people here are going to shit on the idea. Surely thereÔÇÖs a van life subreddit. I know thereÔÇÖs 1000 YouTube channels and Facebook groups. Go look there, itÔÇÖll be easier to get feedback from more people with experience.
Go for it mate!!! YouÔÇÖll have plenty of stories to tell in the future! And IÔÇÖm sure youÔÇÖll learn a lot.
Lived for 3.5 years in and out of a troopy, was contracting to BMA/BHP 7/7 and 8/6 primarily but did have a few weird rosters inbetween like 2/1 3/1 (weeks). Have travelled all of QLD/NSW/VIC twice, done 90% of SA twice and NT once. Couldn’t get into WA at the time because i hadn’t had covid jabs
Was cheap living in terms of sleeping in or out of the troopy, lots of free camping/caravan parks. Fuel was definitely the biggest cost
I did that with a whole lot less stress. I greyhounded my way in the middle of Australia five years ago.
Staying at backpackers, motels and sleeping in the bus on overnight trips.
What a way to live.
ÔÇ£ItÔÇÖs a sense of shitting in a bucket in a cupboard you donÔÇÖt get with other holidaysÔÇØ
Seems your questions been answered so I’ll take a cheeky jab: do you have Turkic or Eurasian heritage in you? Do you feel the call of the steppe brother?
Sounds awful. I thought people who lived like this were basically forced to not that they actually chose to.
Why would you live in a space smaller than an office cubical.
I think a better decision is to buy a tiny studio apartment in Melbourne and relentlessly try to get a sweet cushy government job. At least after a few years you could upgrade to bigger apartment.
No, but I had a van and living in it would suck. Even using it as a daily driver sucked. Let alone shitting in it.
>van life
​
>Any regrets?
​
lol
You might want to rent a van and try it out for a few weeks first
I have a hunch people make it out to be more exciting than it actually is. Was looking into it myself.
The van itself was a lot more expensive than I thought it would be. You have a couple of options:
– buy new commercial van and deck it out yourself. This is cheaper than buying a new campervan but what you save in money you’ll make up for in blood, sweat and tears. I wouldn’t recommend going down this route unless you know your shit.
– buy second hand campervan for a lot cheaper. Most of these have racked up 200,000kms and are on their last legs. People grow sentimental with them and can be stubborn on price.
Fuel and ongoing maintenance is going to add up quick. Not to mention having to pay for camper spots. If you’re a tight arse you could try stealth camping which brings me to the point around safety. Rural areas in Australia can be rough..
The lifestyle may look glamorous at first glance but you need to watch some behind the scenes vlogs of real vanners. It’s brutal. You’re working, shitting, cooking and bathing in small hot tin can. The weather and bugs will also play their part.
Think it through carefully.
That being said, I do still get envious when I see those videos of vanners waking up to some secluded beach with pristine water. It is very tempting. Would definitely need a very supportive job or boss or even better take a sabbatical.
I sold up and I’ve been travelling for the last 2.5 years.┬á 1 year of that in a van.
It’s awesome and Australia is incredible and incredibly setup for it.┬á I’m coming to the end of my van travels because of child number 2 ƒÿó.┬á If it wasn’t for that, I’d probably keep going for another year at least.
I’d say it’s an extreme way of living.┬á When the weather is good, nothing beats it.┬á After a few rainy days in a row, you get over it.┬á It’s also the best experience for young children IMO.
IÔÇÖm selling my house and business and hitting the road for 1.5-2years.
We wonÔÇÖt have to work though, so money isnÔÇÖt a consideration.