How Does An Adventurer Attain Financial Stability?

I know that this title seems to contradict multiple previous articles, but keep reading. There’s a difference between being wealthy and being financially stable.

By acquiring a job that provides a guaranteed, steady income, you’ll feel extremely secure in your ability to pay necessary bills and save for the future, while still allowing yourself money to spend on fun things. Ideally, you’ll acquire this steady revenue stream from a job that you’re proud of and that you deem successful, no matter how much money you make.

According to I Will Teach You To Be Rich by Ramit Sethi, there are certain aspects of financial stability that must occur before you can deem yourself financially secure. Those include: eliminating debt, saving for retirement (in a 401K or Roth IRA), and allocating money through a budget. (If you haven’t read the book, it’s absolutely worth it).

Attaining financial stability will ease your mind when it comes to money issues. Sure, it may take a few years to get there, but once you’re on the right path, you’ll feel confident in your financial situation, which will allow you to focus on other aspects of your life that make you happy, like adventure. You'll have enough money to pay the mundane prices of everyday life, and then you'll have money left over to fuel your travel budget.

Tom Malone is the Editor-In-Chief of The Adventure Tribune and author of adventure novels, like Across Americana. He is based in Denver, Colorado, where he adventures through the Rocky Mountains while not traveling abroad.
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