EOM Financial Report – April 2017

When it comes to what I'm doing now, however, it's incredibly difficult to talk to people about pursuing their dreams without the inevitable "But I just can't afford it" argument coming up.

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Pesos
Yesterday concluded the first month of me embarking on my quest for world domination.

(It hasn't been a full 30 days, but it's simpler to start by tracking the end of the month rather than one specific day near the beginning of each month.)

Out of my own curiosity and for anyone else who may be curious, I'm going to start doing an EOM (End of the Month) Financials post series to make it clear how little it actually costs to travel the world. Maybe I just haven't looked hard enough, but I'm surprised and disappointed I've never stumbled upon something similar on various travel sites, though I assume the lack of transparency and openness comes from the widespread, mindblowing discomfort associated with talking about money.

I find the topic of money fascinating, due in part to the lack of fucks I give about it in the grand scheme of things (you can always make more money, but you can never make more time). Money is a tool, and it is only a tool, but our society has managed to convince us it is the key to happiness (among many other things) in spite of all the warm, fuzzy messages about it being the opposite. Society tells us to pursue our dreams, and in the same breath tells us to get a good education so we can have a stable career so we can get good benefits so we can aim high for the goal of one day being the RICHEST PERSON IN THE RETIREMENT HOME while some unfortunate soul is tasked with changing our diapers.

 

Eh – no thanks.

 

However, money does matter, I'm not so crazy as to deny that. I need a little money to make sure I can travel for several years until I figure out what massive problem I'm going to spend the rest of my life solving. I need more money to pay off all my debt once I return to the States after identifying said problem. And I need a butt load of money to build the company to tackle said problem, hire employees to work on it, and put a roof over my head and food in my mouth.

That's thinking about money on a utilitarian level. Money is NOT the key to happiness – to me, money is a tool to engineer solutions to solve problems and ensure we survive, thrive, and are able to propagate throughout the solar system, the galaxy, and the universe.

(Whatever is beyond the universe, who knows, but I assume we'll have evolved far beyond the petty use of something like money by that time.)

When it comes to what I'm doing now, however, it's incredibly difficult to talk to people about pursuing their dreams without the inevitable "But I just can't afford it" argument coming up. Well, I'm here to make you swallow that (that's what she said). You CAN afford it, even if you have to start small (because we all have to start somewhere) so think a little harder about what's stopping you and then quit making excuses, because fear is not an excuse.

 

"What's on the other side of fear?"
– Jamie Foxx

 

First things first, how much have I spent since I left the States on 7 April, 2017?

Looking at my various accounts I have withdrawn a total of $746.06 USD. Included in that value is any ATM fees I was charged at the time.

In addition, I am maintaining several subscription-based services, which you can find below with their associated monthly cost:
– AT&T Mobile $50.72 USD
Kindle Unlimited $9.99 USD
Spotify $9.99 USD
Audible $14.95 USD

Adding those recurring costs to my total of $746.06 USD I come to a new total of $831.71 USD.

Finally, since I had 2039 pesos ($108.20 USD) in my possession as of midnight last night I can deduct that from my total spent, leaving me with a grand total of $723.51 USD ($831.71 – $108.20 = $723.51).

Now, expenses – what has that money actually gone toward. I'm not keeping a running tab on everything I spend money on, but the basics are easy to figure out.

LODGING
Mérida – 960 pesos ($51.24 USD, or $8.54/night)
Tulum – 2,150 pesos ($114.75 USD, or $8.82/night)
Bacalar – 460 pesos ($24.55 USD, or $12.28/night)
Palenque – 360 pesos ($19.21 USD, or $9.61/night)

TRANSPORTATION
Taxis – 500 pesos ($26.68 USD)
Bus – Mérida to Tulum – 260 pesos ($13.88 USD)
Bus – Tulum to Bacalar – 155 pesos ($8.27 USD)
Bus – Bacalar to Palenque – 552 pesos ($29.46 USD)

FOOD - 4,800 pesos ($256.18 USD, or $10.67/day)
This one I'm just going to average, because if I did buy food it was on the order of $5-$15 USD per day, some days I ate 2-3 times, some days I had one meal, and there were at least 8 days (out of 24 days) when I fasted.

MISCELLANEOUS
Diving Mask – 300 pesos ($16.01 USD)
Booze – 1,000 pesos ($53.37 USD)
Weed – 1,800 pesos ($96.07 USD, or ~$68/ounce)

The total of my expenses is roughly $709 USD, almost on par with the $723.51 USD I calculated before my expenses, and since it's been 24 days and not a full 30, I'll extrapolate that value to a full month just to have an estimate for May.

$723 x 30/24 = $903 USD

So, for one month of fun in the sun and traveling around la peninsula de Yucatán based on a minimalist mindset, you could start traveling for under $1000 USD per month, or $12,000 per year, and I haven't even started volunteering at hostels to cover my lodging and meals, which account for half of my expenses!

 

So, what's your excuse again?

 

Have you ever calculated the cost of pursuing a dream? How much would it actually cost to do something you've always dreamed of doing? What would you do if money was not a concern? Comment below and tell me about it!

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