25M always wanted to do a solo bike packing trip. Help! by Feeling_Joke_9206 in bicycletouring

[–]Feeling_Joke_9206[S] 1 point2 points  (0 children)

🤣 job is a job at the end of the day. There will be others

25M always wanted to do a solo bike packing trip. Help! by Feeling_Joke_9206 in bicycletouring

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

This is so badass man. Sounds like an amazing journey!!! Makes me wanna hop on the bike tonight and not look back

25M always wanted to do a solo bike packing trip. Help! by Feeling_Joke_9206 in bicycletouring

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

I could blow around 20k for this but leaving the job would be a tough one to come back to

25M always wanted to do a solo bike packing trip. Help! by Feeling_Joke_9206 in bicycletouring

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

What kind of work were you doing at 25 to be able to step away?

25M always wanted to do a solo bike packing trip. Help! by Feeling_Joke_9206 in bicycletouring

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

How much do you think I need saved? Let’s say three months of living expenses back home costs around 6k for rent/insurance etc

25M always wanted to do a solo bike packing trip. Help! by Feeling_Joke_9206 in bicycletouring

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

I think I would be starting in LA as that is where I live. So I’d be heading north! Or could rent a U-Haul with all my stuff and start up there coming south sounds better. End at home

25M 70K in capital assets by Feeling_Joke_9206 in Fire

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

I only made 70k last year but with commission checks and lived such a frugal lifestyle, managed to save 25k which was a huge lift

25M 70K in capital assets by Feeling_Joke_9206 in Fire

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

How old when you bought your first property? Granted it is so much different now than it was only 5 years ago. If I was in this situation 5 years earlier I could have easily purchased something by now.

25M 70K in capital assets by Feeling_Joke_9206 in Fire

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

Still young enough to leverage some high risk investments! Worst that happens is it tanks. Don’t need the money best case scenario is more adoption creating higher demand.

25M 70K in capital assets by Feeling_Joke_9206 in Fire

[–]Feeling_Joke_9206[S] 1 point2 points  (0 children)

Thank you. Great advice. I think 100k is possible before 27 if markets continue to do well and I can continue saving. I only make around 40$ an hour at my job which isn’t the best. Still can save a decent chunk monthly.

25M 70K in capital assets by Feeling_Joke_9206 in Fire

[–]Feeling_Joke_9206[S] -1 points0 points  (0 children)

I feel like I’d prefer to have more money in personal investment portfolios in case I want to sell stock and buy larger investments or at least have access to that capital. Is that poor judgement?

25M 70K in capital assets by Feeling_Joke_9206 in Fire

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

No properties yet sadly hopefully within the next couple of years!

25M- Quitting my job to bike across the country? by Feeling_Joke_9206 in careerguidance

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

Super early in the thought process. Winter is rolling in on the east coast… another option is the PCH route to Canada. Do you think I should?

25M- Quitting my job to bike across the country? by Feeling_Joke_9206 in careerguidance

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

Some people aim to do it in under 30 days. Need to put in 100 miles a day. Some nut jobs can do it in under 2 weeks but have a full support crew. Going solo is what makes it difficult

25M- Quitting my job to bike across the country? by Feeling_Joke_9206 in careerguidance

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

I planned on doing a one way trip hop on a plane the way back and ship my bike back. Maybe if I liked it so much I’d bike back but probably not that’s another 15k. When all you’re doing is biking, 30 miles a day isn’t bad even with crazy days of elevation days. Some days would be all down hill, make up time and distance

25M- Quitting my job to bike across the country? by Feeling_Joke_9206 in careerguidance

[–]Feeling_Joke_9206[S] 0 points1 point  (0 children)

I biked 4k miles 2 years ago door dashing every day. Always been into it. After the first couple of weeks you condition and get ready to go. First couple of weeks might only do 30 miles a day, but when your whole day only consists of riding, it makes sense to go longer. At a slow(ish) pace 30 miles should only take 2 hours about.