Start writing off bills like cell phone, internet, printing, write off a management fee. Basically using the property to lower your tax foot print (money saved is money earned)
Ideally buy a triplex or fourplex so it cashflows and generates a small, few hundred dollars a month.
Save the profits for a year or two. Travel.
I took that approach because I would rather wait a couple years and travel for years on end and knowing that my net worth is not taking a huge hit.
The choice was... do I want to travel now for a year and blow through my savings. Or do I wait a couple years and then travel for the rest of my life.
So blowing your savings in your 20s or 30s on a cool trip is not financially traumatic. It's just not financially wise. But wtf ... its the greatest time in the history of the universe to be a nerd. If you are reading HN, you have been gifted the amazing ability to abstract. Which means you can earn a decent living. So why not travel while you can? All that responsibility shit will still be there waiting for you!
