A 5-Year Vacation: How I Did It

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People Often Ask What We Miss From Our Old Lives …

I have to tell you, there is not one damn object I miss from before. In fact, I can barely recall the things we did own, even the things that practically had to be pried from my hands (like my hats). And we don't buy anything extra on our travels, either, preferring to spend our money on experiences instead.

We miss our family and friends, and we are grateful for Skype and Facebook, which allow us to stay in such close contact with them. Even the ones who thought we were a bit crazy back in 2008 can no longer deny the positive effect this decision has had on our lives. We haven't been back to the States since October 2010, but we'll be back to visit family and friends later this year.

We are earning money while away by writing books and providing some business consulting and website design work. We make enough to sustain ourselves, and we like that we don't have to dip into our travel fund as much as we thought we would.

I think we are travelers for life. We envision a lifestyle of slow travel for the foreseeable future, stopping when we like a place or need time to work on a project, and traveling when our feet get itchy again. We just spent six months in Thailand finishing our latest book, "Strip Off Your Fear: Slip Into Something More Confident", and now we are rewarding ourselves with a huge overland trip from Thailand to Europe.

For us, the biggest takeaway in this whole adventure was learning that possessions and obligations are the tethers that keep you grounded in place-unable to take that perfect job, great opportunity or grand adventure when it comes your way. Freedom from debt, a bit of money in the bank and a streamlined existence mean that you can bend and sway with changes and opportunities.

True wealth is control over your time and how you spend it.

Find out more about how Betsy and her husband Warren achieved their financial goal to travel around the world in their book "Dream Save Do: A Step-by-Step Guide to Amass the Cash to Live Your Dream." You can read more about their journey to live the good life on their website, Married With Luggage (and get a free guide on how they used Craigslist to make some serious cash).

More From LearnVest:

6 Pet-Friendly Hotels That Will Save You Money

10 Things Not to Waste Money on This Summer

Why a 'Cheap' Vacation Is Anything But

This piece originally appeared on LearnVest, the leading personal finance site for women.

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