After you figure out a basic idea of your income stream then start your budget.
This is the cool part. If you are traveling long term – you can most likely cut a lot of crap.
Write down all your expenses, get your red pen and start marking. Generally you can cut your cars, car insurance, day care, cable, internet, and other household bills. Get rid of all that stuff you don’t need and get down to the basics.
If you’re traveling long-term consider cutting your health insurance to the minimum. You will be getting travel insurance. Now, if you plan to go back to the states if you have a severe illness you will still need to keep some for of US healthcare coverage but most of the time you can get a cheaper plan. You may be surprised how much you can trim your daily expenses.
There are a lot of books and webpages that can help you keep your costs low. We’re kind of middle of the road with our budget. We alternate between lower budget and some higher end choices to help keep our costs in line.
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