How This Traveling Couple Masters Their Budget for a Life of Adventure

Shelly and Shayne Peterson, a couple in their mid-fifties, made a bold move two years ago. They sold their home, cars, and businesses in Arizona and set off with a one-way ticket to Bali. This decision wasn’t spontaneous; it came after years of dreaming and planning about the life they truly wanted.

Since then, they’ve been exploring the world on a tight budget. Before leaving, they downsized significantly to stretch their savings. With four daughters and nine grandchildren, they did purchase a home base in the U.S., which they rent out while they travel.

Living this adventurous lifestyle means sticking to a budget. They aim to spend around $3,000 a month, even in pricey places like Barcelona. Shelly explains, “We don’t have deep pockets. We just clarified our priorities and created a plan.”

Their travels have taken them to 15 countries. They’ve learned to choose destinations based on travel deals rather than just their dream locations. This approach allows them to explore countries while keeping expenses low. They avoid peak season, use kitchens to cook meals, and seek low-cost or free activities like walking tours and farmers’ markets.

Interestingly, studies show that travel can enhance happiness and well-being. A survey by the U.S. Travel Association revealed that 83% of Americans believe travel improves their mood. Shelly and Shayne embody this sentiment, emphasizing that their lifestyle change has taught them how little they need to feel content.

They document their journey through their blog, Jetset Petersons, which helps fund their adventures. Their story resonates with many who dream of a life filled with travel and meaning, proving that with determination, it’s possible to redefine your life.

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Lifestyle, Travel, World News