Tropical MBA: Entrepreneurship & Founder Lifestyle

Lessons From an 18-Month Trip Around the World on $100 a Day

May 2, 2024

44:20

Snipd AI

Global traveler Barry O'Brien shares his 18-month journey to 15 countries on $100 a day, discussing Vietnam experiences, inexpensive destinations, combining Dave Ramsey & FIRE principles, importance of passive income, obtaining US citizenship, and financial freedom. He emphasizes focusing on one thing, challenges & opportunities of US immigration, and wealth creation. Podcast covers budget travel tips, cultural immersion, and financial strategies for extensive travel.

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Quick takeaways

Traveling on $100 a day is feasible with careful budgeting and expense management for a sustainable global adventure.

Balancing financial independence with cultural immersion while pursuing US citizenship offers diverse opportunities and challenges for personal growth.

Deep dives

Traveling the World on a Budget

Traveling can be done on a budget of $100 a day, as discussed in the podcast. The speaker shared their experience of traveling to various countries, including Western Europe, Southeast Asia, South America, and the United States, within this budget. Detailed insights were provided on how to manage expenses, find affordable accommodations, and secure cost-effective flights during their 18-month journey. The importance of tracking every dollar spent and optimizing living expenses was emphasized as key strategies for sustainable travel.

Introduction

2min

Global Adventures and Business Growth

7min

Journey to Financial Freedom and World Travel on $100 a Day

6min

Cultural Contrasts and Financial Strategies in Extensive Travel

6min

Tips for Affordable Travel Accommodation and Flights

2min

Reflections on Travel Experiences and Financial Strategies

20min

Immigrant Perspectives on Living in the US and its Economic Opportunities

2min

This week we had the pleasure of sitting down with Barry O'Brien, a global traveler, as he shares his 18-month journey to 15 countries on just $100 a day or less.

Barry tells us stories about his experience in Vietnam, the most surprisingly underwhelming destination he visited, the most expensive and inexpensive destinations, how he saved, prepared, and what he learned in the end.

He discusses his journey from following Dave Ramsey's steps to discovering the FIRE movement and combining the principles of both to pay off $51,000 of debt, and give him the financial freedom to pursue his dream trip.

He talks about the importance of passive income, his philosophy of focusing on one thing that you can do well, the process of obtaining US citizenship, and the challenges and opportunities it presents.

Dan & Ian’s Stuff:

Our book: Before the Exit
The Newsletter
“The DC”
DC Accelerator
DC Black
Global events
Hire remote talent
Find a remote job
Listen on YouTube
Follow on Instagram
@TropicalMBA
@AnythingIan

Chapters:

(00:03:21) Your Ticket to One Million - DC Accelerator
(00:14:59) Exploring Western Europe on a Budget
(00:26:13) Indulging in Peru's Food and Culture
(00:30:15) Managing Travel Costs to Extend the Trip
(00:34:41) Finding Peace and Financial Independence
(00:39:10) The Competitive Landscape of US Citizenship

Links:

Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan, Lucy Bella Simkins, Brian Balfour, Nick Huber, Mike Michalowicz, Greg Crabtree, Jordan Gal

Additional episodes you might enjoy:

The 1 Million Dollar Question

“The Death of the follower” + Make 250k in 3 Days a Week

What is the Most Simple OS for <$5M?

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Tropical MBA: Entrepreneurship & Founder Lifestyle

Lessons From an 18-Month Trip Around the World on $100 a Day