A Note from James:

Is it possible to travel around the world, live around the world, do remote work anywhere you want, and spend just $75 a day or less? When I was younger, I wish I'd tried this. Back then, you probably could have done it for even less, maybe $30 a day! Today's guest, Matt Kepnes—better known as Nomadic Matt—has spent decades traveling the globe on a budget. Ten years ago, he wrote How to Travel the World on $50 a Day, and he's just updated it with How to Travel the World on $75 a Day or Less. It's definitely possible. I'm even sharing this episode with my daughters because there's a perception that travel is too expensive. Matt has tips on everything from finding cheap flights and accommodations to securing remote work opportunities. Travel opens your mind without the stress that comes with age and responsibility. If you travel cheaply, you'll not only have amazing experiences but also become more successful and open-minded. I wish I had traveled more when I was younger—I didn't think I could afford it, but as Matt explains, you certainly can.

Episode Description:

Matt Kepnes, aka Nomadic Matt, returns to discuss the realities of traveling the world cheaply in 2025. With inflation and changes since COVID-19 dramatically affecting costs, Matt explains how traveling on just $75 a day is not only possible but easier than you think. You'll learn practical tips for finding cheap flights, affordable accommodations, and even ways to make money while traveling. Matt also shares personal insights into how decades of constant travel impacted his life, friendships, and perspectives.

What You’ll Learn:

How flexibility with travel dates and destinations can drastically reduce your expenses.
Practical tips for securing international flights at a fraction of typical costs.
Simple strategies for reducing daily living expenses abroad (accommodations, meals, transportation).
Realistic job ideas and online resources to help you earn money while traveling.
How long-term travel impacts relationships, personal growth, and life decisions.

Chapters:

[00:00] Introduction: Traveling the World on a Budget
[02:00] The Impact of Inflation and COVID on Travel Costs
[04:00] The Rise of the Digital Nomad Lifestyle
[07:00] Money-Saving Travel Tips
[08:00] Finding Cheap Flights and Accommodations
[14:00] Living Cheaply in Different Countries
[19:00] Matt's Journey: From Corporate Job to World Traveler
[27:00] Making Money While Traveling
[31:00] Easiest Job for Travelers
[32:00] Journey to Becoming a Travel Writer
[34:00] Advice for New Travelers
[36:00] Favorite Travel Destinations
[37:00] Impact of Sharing Economy on Travel
[39:00] Challenges of Long-Term Travel
[43:00] Global Perceptions of American Travelers
[49:00] Why America Leads in Innovation
[51:00] Top Countries to Move to in Europe
[53:00] Resources for Aspiring Travelers
[55:00] Conclusion and Final Thoughts

Additional Resources:

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"Nomadic Matt" Kepnes on Traveling the World for $75 a Day

The James Altucher Show