Episode•September 19, 2019•13 min

Making Travel a Financial Priority with Danielle Desir | Ep. 10

Join me as I have a money talk with Danielle Desir, affordable travel extraordinaire. They discuss everything from paying off debt while traveling around the world to treating your goals like a bill (non-negotiable) in your budget! About Our Guest Danielle Desir is an author, speaker, podcaster and the founder of The Thought Card, an award-winning affordable travel finance blog and podcast empowering people to make informed financial decisions - travel more, pay off debt and build wealth. Danielle paid off $63,000 of student loan debt in 4 years and purchased her first home at the age of 27. She has traveled to 26 countries and 3 continents and strongly believes in not letting your financial responsibilities hold you back from pursuing your dreams. Follow her on Twitter: https://twitter.com/thethoughtcard Follow her on Instagram: https://www.instagram.com/thethoughtcard/ Like her on Facebook: https://www.facebook.com/thethoughtcard Links Visit our website: www.moneytalkwitht.com Danielle's Iceland Travel Guide: Purchase here from Amazon The Thought Card, Episode 4 - Timeshares and Buying a House at 26 with Tiffany Grant: https://podcast.thoughtcard.com/episode-4/ Sponsor Decluttr specializes in buying your used CDs, DVDs, Blurays and Games to help you make room and money! With Decluttr you can enter your items barcodes into our valuation engine and we'll give you an instant offer. Alternatively, you can download the FREE app (available on Android and IOS) and scan your items with your smartphone's camera. You'll need to enter a minimum of 10 items or have an overall value of $5 to complete your order. Then you simply pack all your items into a box and then ship your items to us for free! When we receive your items, we'll pay you on the next business day. Be sure to use code: MONEYTALK5 at checkout for $5 off a purchase OR $5 added to your sale. Connect with Tiffany on Social Media Facebook: Money Talk With Tiff Twitter: @moneytalkwitht Instagram: <a href="https://www.instagram.com/moneytalkwitht/" target="_blank"...

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Key Takeaways

Make travel a financial priority by treating it like a non-negotiable bill in your budget

Danielle created a dedicated travel fund immediately after grad school when she knew travel was important to her

She treats travel expenses the same as her mortgage or gym membership - consistent and non-negotiable

Consistency in financial goals is the difference between accomplishing goals and missing the mark

Use separate bank accounts to track progress and avoid commingling funds

Danielle maintains 11 separate big accounts for different purposes

Online banks like Ally and Capital One offer free accounts with no minimum balance requirements

Keeping money separate makes it easier to see progress and actually save for goals

A budget gives you permission to spend on things you love rather than restricting you

Danielle abandoned her budget after buying a home and things became chaotic

A budget shows you where money is going so you can identify what needs improvement

Budgeting is about giving yourself permission to spend on priorities like travel

You can travel extensively while paying off significant debt

Danielle paid off $63,000 in student loans in 4 years while traveling to 26 countries

She purchased her first home at age 27 while maintaining her travel goals

Financial responsibilities don't have to hold you back from pursuing dreams

Intro

Tiffany Grant interviews Danielle Desir about making travel a financial priority while paying off debt and building wealth.

Danielle Desir is an author, speaker, podcaster and founder of The Thought Card, an award-winning affordable travel finance blog. She paid off $63,000 in student loans in 4 years, bought her first home at 27, and has traveled to 26 countries across 3 continents.

Making Travel a Financial Priority with Danielle Desir | Ep. 10

Key Takeaways

Intro

– Guest Introduction