this post was submitted on 16 Jul 2023
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No Stupid Questions

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https://piped.video/watch?v=V-yO1DcdUFQ

I'm one of those who work 5 days a week to earn a living. We have our vacation days to enjoy whatever we want to do in life, but we still need to go back to work because people like me will struggle in life if we lose our job.

So I'm curious how some people like the guy in the video can travel around the world for almost a year without working. There are also other vloggers out there who left home to go on a travel and they are still young. Do they already have savings enough to support until they retire?

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[–] [email protected] 55 points 1 year ago (4 children)

Think it's called a trust fund

[–] [email protected] 28 points 1 year ago (1 children)

My landlord remortgaged the house to pay for a year-long trip around the world.

I guess it’s good he’s enjoying my money.

[–] [email protected] 5 points 1 year ago

Yeah, sometimes the trust funds runneth low.

[–] [email protected] 5 points 1 year ago (2 children)

I've seldom met travellers with a trust fund. And I don't have a trust fund myself, nor have received loads of money from parents to fund my travels. This is just such a bullshit answer that always pops up.

[–] [email protected] 6 points 1 year ago

Ok. I believe you.

[–] [email protected] 2 points 1 year ago (4 children)

wow fast reply. thanks. hmm ok that's a term i heard but not fully understand. i'll check it out

[–] [email protected] 34 points 1 year ago

It’s rich kids living off of daddy’s money i.e. trust fund babies (trust funds are their own separate thing but you can look that up). It’s not like these people were working as a food server then one day decided to travel the world and make videos about it. They needed a nice financial cushion in order to do that. There are exceptions, but it takes a lot of capital to start your own brand, promote it, pay for the traveling expenses, and somehow get a return.

[–] [email protected] 6 points 1 year ago (2 children)

They mean that they came from money.

On the other hand, come join us at [email protected] and learn about financial independence.

[–] [email protected] 2 points 1 year ago
[–] [email protected] 2 points 1 year ago (1 children)

Is it just:

Step 1) get a tech job in California Step 2) FIRE!

[–] [email protected] -1 points 1 year ago (1 children)

I mean, that definitely helps, but it's more: 1) Spend less than you make. 2) Invest the rest. 3) FIRE!

[–] [email protected] 3 points 1 year ago

Investing the £10 I have spare every month doesn't go far to retire early

[–] [email protected] 4 points 1 year ago

Yeah sorry, luck of the draw—be born into a family that has money. Else, make that money, retire early, and let your kids have a better life.

[–] [email protected] 2 points 1 year ago (1 children)

Think the actual term is "trust fund baby"

[–] [email protected] 1 points 1 year ago

I like 'trustifarians'

[–] [email protected] 1 points 1 year ago (1 children)

Not necessarily. If you have a good job and you save up money you can go travelling quite a bit. Jumping to extremes is not the way to go here

[–] [email protected] 1 points 1 year ago

Your right, rich people are just fabrications of the poor....