In this episode of the Nomad Summit Podcast, Christoph and Palle sit down with Cedric – better known as Mr. Nomad Numbers. After a decade as a software engineer in Silicon Valley, Cedric and his wife traded mortgages and office life for slow travel. Since 2018, they've lived in over 90 places, tracked every dollar, and discovered that a full-time travel lifestyle can cost less than half of living in San Francisco.

Cedric shares how they manage a yearly budget of around $40,000 for two, the tools he built to track expenses (including the Nomad Purse app), and their favorite money-saving hacks – from credit card rewards to negotiating Airbnb stays. He also reveals where in the world you can live on less than $10,000 a year, and why slow travel is the key to keeping costs down while building a rich life of experiences.

Key Takeaways

• How Cedric and his wife reduced their cost of living by 50% through nomadic life
• Why slow travel is the biggest money-saving strategy for long-term nomads
• Insights from tracking every expense across 90+ destinations
• The most affordable nomad-friendly places in Asia and beyond
• Tips for negotiating Airbnbs, avoiding scams, and saving thousands on flights

Relevant Links

• Nomad Summit: https://nomadsummit.com
• 2024 Annual Spending Report: https://www.nomadnumbers.com/cost-to-travel-the-world-one-year-2024-report/
• All Spending Reports Since 2018: https://www.nomadnumbers.com/category/what/money/spending-reports/
• What Slow Travel Means to Cedric and his wife: https://www.nomadnumbers.com/slow-travel/
• Airbnb Hacks: https://www.nomadnumbers.com/top-tips-save-money-airbnb-guide/
• Global Cost of Living Explorer: https://www.nomadnumbers.com/discover
• Nomad Numbers Blog: https://www.nomadnumbers.com
• Sponsor of this Episode: GigSky One: https://go.nomadsummit.com/gigsky-one
• Nomad Purse: https://www.nomadpurse.com
• Episode produced by RadioGuru: https://radioguru.co.uk