Financing Your Road Travel, Part 2

In part 2 of our series on financing your road travel, we’re continuing to dive into financial management tips that address your time on the road. Saving up money is one aspect, but managing your savings smartly while traveling can be quite another!

That’s why we wanted to seek advice and insights from Megan Cable, who travels full-time in her campervan and has a background in Finance, to help shine a light on how to keep an eye on your budget as the miles tick by. In addition to her firsthand experience, Megan also collected survey data on expenses from other road travelers, so tune in to hear thoughtful tips and inspiration for your own road trip spending plan.

In case you missed it, check out Episode 23 for part 1 of the series!

About Megan:

Since September 2017, Megan has lived, worked and travel full time on the road with her partner from our converted Sprinter van, Vanna White. She was born and raised in the mountains of central California before testing out city life in San Francisco for the last 8 years leading into life on the road. She was drawn to this lifestyle by a desire to explore the corners of our country that she never knew existed, discover a place that feels like ‘home', and find opportunities for self growth in the process. She likes to think she creates a bridge between the rigid logic of numbers and the free spirit of creativity as both are something that inspire, fulfill and drive her.

In this episode, you’ll hear:

How Megan took her job in Finance on the road with her
The savings plan Megan and her partner created before hitting the

road
How much Megan and Laura each saved for 1 year of road travel
What Megan spends most of her extra money on
Megan and Laura share their biggest tip for minimizing your expenses
The process Megan uses to track monthly spend
The pros and cons of using spreadsheets versus online expense

trackers
Laura shares how she makes saving money fun
Megan touches on high-level results of a road traveler expenses

survey, including:
How much respondents generally spend on the road
The difference in expenses between solo travelers and couples
How to find the cheapest gas while traveling
Anecdotes of how expenses vary by region of the US
The mantra Megan uses for living a more minimal, frugal lifestyle
Megan and Laura’s tips for free and inexpensive in-town recreation

Resources mentioned in this episode:

Follow Megan on Instagram - @thedirtydarlings
Check out Megan's blog, The Dirty Darlings
For you survey-lovers, dive into financial data Megan compiled from road travelers
Still want to know more about saving up for a big life change? We wrote a resource just for you.

Connect to the Women On The Road community online:

Instagram - @womenontheroad
Facebook page for extra content and updates - Women On The Road
Plus, a special Women On The Road Facebook group for podcast listeners!
Episode Landing Page

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Episodes air weekly on Fridays-- subscribe wherever you listen so you never miss an episode. Follow along with Laura Hughes on Instagram (@howsheviewsit) and see more of her work through her website, How She Views It.

Music is by Golden Dunes, Jahzzar, Hyson, and Josh Woodward.

WOTR podcast cover artwork designed by Dani Opal.