My Worst Investment Ever Podcast Nik Kennett – Tap into the Power of Journaling
BIO: Nik Kennett and his wife Allie are a US-based couple with a love of travel and adventure currently on a self-funded 6-month sabbatical through Europe and Asia.
STORY: Nik stopped by a gas station in Croatia and assumed that a green handle on the fuel pump indicated diesel as it does in the US. This assumption made him put petrol in a diesel car. This rookie mistake almost cost them their well-planned 6-months long trip.
LEARNING: Create space in your life to focus on what’s important. Always have travel insurance.
“Create space in your life to focus on what’s important.”
Nik Kennett
Guest profile
Nik Kennett and his wife Allie are a US-based couple with a love of travel and adventure currently on a self-funded 6-month sabbatical through Europe and Asia. They attribute much of their success to financial planning and the accumulation of over 1.7 million credit card points and miles.
Nik and Allie believe in the transformative power of travel and that an intentional sabbatical or gap year can be an incredible form of personal development and a great way to forge lasting bonds as a family or couple.
That is why they have committed to documenting their journey and providing valuable tips and advice around how to plan and afford travel through ‘Away Together,’ their site, and YouTube channel.
Worst investment ever
Nik has made a few mistakes while he and his wife traveled through Europe and Asia while on a 6-month sabbatical. These mistakes have taught him a lot about traveling safely and smartly. One notable mistake was when traveling from Croatia to Italy. Before entering Italy, they needed some gas, so Nik stopped by a fuel station, grabbed the pump, and fueled their car. After driving off for a few meters, the car just suddenly stopped. It took him a while to realize the problem. He had put petrol in a diesel car.
Nik had grabbed the fuel pump with a green handle at the gas station, assuming that the green handle indicated diesel as in the US. This rookie mistake set the couple back a lot of hours and money. It almost made them cancel their trip.
Lessons learned
- Keep a journal so you can document what you’re doing.
Andrew’s takeaways
- Always buy travel insurance.
Actionable advice
Create space in your life to focus on what’s important.
No.1 goal for the next 12 months
Nik’s goal for the next 12 months is to use their experience and adventure to help other people travel more and create bonds with their loved ones.
Parting words
“Think about what you want, write it down and work like crazy to make it happen.”
Nik Kennett
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Connect with Nik Kennett
Andrew’s books
- How to Start Building Your Wealth Investing in the Stock Market
- My Worst Investment Ever
- 9 Valuation Mistakes and How to Avoid Them
- Transform Your Business with Dr.Deming’s 14 Points
Andrew’s online programs
- Valuation Master Class
- How to Start Building Your Wealth Investing in the Stock Market
- Finance Made Ridiculously Simple
- Become a Great Presenter and Increase Your Influence
- Transform Your Business with Dr. Deming’s 14 Points