As a couple pursuing FI/RE (financial independence, retire early) while traveling full time, we’re very aware of our budget and what we spend year over year. We’ve been intentionally and slowly increasing our spending each year (just three years ago we were spending only $7,000 a year!), but this year came in at an 80% increase over last year because we had a baby! Read on to see how we continued to save money, where we increased our spending, and how we’re continuing to travel full time as digital nomads with an infant.

Another year down as digital nomad house sitters pursuing FI/RE (financial independence, retire early) and we’re happy to share our 2021 budget and expenses. We spent $10,002 for the entire year ($5,001 apiece) all-in! Now, if you follow us, you know that number blows our usual $7,000 budget out of the water, so read on to see where we spent more money and why.

It was unbelievable that we lived on $7,000 ($3,500 each) for a whole year in 2019. So, it’s incredible that we did it again in 2020! See how in 2020 we managed to keep our spending low despite the upheaval COVID-19 brought the world.