Published On: Fri, Sep 15th, 2023
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‘We sold our house to travel as living costs soared – now we save £2,000 a month’ | Personal Finance | Finance

A couple struggling with the rising decided to sell their home so they could travel the world.

Chris and Tamira Hutchinson, from Corby, sold their home in January and went off to Thailand with their three daughters.

Their bills back in England were around £3,000 a month but now they spend just £1,200 on their travels.

Chris said: “Our stress and anxiety levels have massively come down. We sleep much better, get outdoors more, and are generally happier as a family than before.

“Family time is the biggest benefit to us. The time we are spending together is irreplaceable and that’s the main reason for doing what we are doing.

“We decided during Covid, when we were able to spend so much time together, we realised that that was what we wanted to do.”

The family have been travelling around Thailand and Malaysia so far and they plan to visit nine countries over the next year.

They spend around £30 a night on accommodation and £40 on food and their spending money each day.

Tamira said: “There are some days where we go slightly over, and some days when we spend nothing at all.

“When we planned the travels we took into account where we would be more comfortable with our money and which places would be more expensive.”

The family have enough money saved to travel for an entire year without worrying about work. They also get a small income from their social media channels.

Tamira said: “We didn’t want the ongoing cost of having things in storage so we sold everything: furniture, cars, everything.

“We only kept small things with sentimental value that we could keep at relatives’ houses.” The girls, aged three to nine, are homeschooled in the British curriculum while getting a “world education”.

The couple said there are many British families looking to do the same thing as the cost of living makes the work-life balance worse.

Chris said: “We get so many messages from people in tough positions looking to do the same as us, I think there will be more and more people doing it.”

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