Valerie Conners quit her job
as an Editorial Producer of Digital Media for The Colbert Report to start a
life of Location Independence with her fiancé. I asked her 5 questions.
1. When you and your boyfriend (now fiancé) quit your good jobs
in New York City to travel the world and create new lives for yourselves, did
you have a set budget in mind that was in line with your savings at that time?
We did work out a budget for ourselves based on our estimated
monthly earnings, which took into consideration what we would put aside for
taxes and savings, as well as fixed monthly costs - like rent, phone bills, car
insurance, health insurance, etc. We then could come up with a budget for
things like entertainment and dining out.
2. Since leaving your jobs and lives in New York City, have you
ever felt insecure financially or otherwise about your choice to leave the rat
race?
We both have savings, which helps me feel more secure, but there is
always a concern that if a contract ends or freelance project comes to a close
without being replaced that there could be financial insecurity. That said,
these are the risks any freelancer or independent consultant takes, whether
you're location independent or not.
3. Have you had health insurance since embarking on your
travels?
We do - we both pay independently for health insurance.
4. Do you intend to sustain the rambling lifestyle if you decide
to have children?
That is most definitely TBD.
5. What is the best advice that you could give somebody who has
an interest in attempting to lead a lifestyle of extensive travel?
I would say to take a deep breath, and do it, even if they're
scared. Location independence is certainly a scary prospect with its fair share
of unknowns and challenges, but I think a lot of the things that people think
are insurmountable (things like what to do with a house or furniture) actually
have workable solutions. And the pay-off of having this lifestyle has
been extraordinary.
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