In my first post, you’ll never know unless you try, I introduced the world to a huge life transition my husband and I are embarking on. We’re leaving our day jobs and our beautiful Austin condo for a life on the road, in a tiny home on wheels. Our dream is to bring our music to the world, so we’re getting proactive about it.
This type of change obviously can’t happen overnight. We need a good plan to pull it off. Ours spans several years. It looks something like this.
2017
Start selling off everything we own.
Start taking control of our careers, so we can pay off our debt as quickly as possible. Concentrate on nurturing career skills, which we can eventually flourish remotely.
We’re no dummies.. It will take a long time before music can sustain us – especially with an eight piece band. Our current and future day jobs are still very important for quite a few years.
Start more serious research on tiny home and traditional Airstream models. Zero in on a decision by the end of the year.
Release our live album in the Fall.
2018
Continue working our day jobs.
Save enough money to purchase our tiny home and an SUV. The vehicle must be powerful enough to pull our home, and large enough for our entire band.
This package should cost us about $40,000. This is considering our very low end budget.
If we continue renting throughout 2018, we can only save $15,000 toward paying off these two purchases. Alternatively, we can afford to start paying off $30,000 toward that total if we take out a loan, and move into the tiny home at the beginning of 2018.
Pay down $10,000 of our $40,000 debt.
Put $15,000 toward our $40,000 tiny home and SUV purchases.
Gather options for land – rental from friends, families, and trailer parks. Consider zoning restrictions and solutions.
Find a monthly rehearsal space for our equipment.
Tour TX and LA in the Spring.
Tour Europe in the Fall.
Release our 2nd studio album in the Spring.
2019
Keep on with those day jobs.
This will most likely be our first full year living tiny.
Pay down $10,000 of our $40,000 debt.
Put $15,000 toward our $40,000 tiny home and SUV purchases.
Tour West Coast in the Spring.
Tour East Coast in the Fall.
2020
Last full year of those day jobs.
Pay down $10,000 of our $40,000 debt.
Put last $10,000 toward our $40,000 tiny home and SUV purchases.
Release our 3rd studio album.
2021
Slowly transition day jobs into 30-40 hr/week remote jobs.
Pay off the last $10,000 of our $40,000 debt.
Tour the Midwest in the Spring.
Tour Europe or Asia in the Fall.
2022
Continue working our remote jobs.
Enjoy financial and location freedom.
Tour 25% of the year, with a home base of Texas.
So, there you have it. By the year 2022, we are going to be able to focus everything we’ve got on writing, recording, and performing our music. Our “starter home” will be paid off, and we’ll have the freedom of the open road – as well as the financial freedom to see the world.
This isn’t going to be a ride in the park. The next five years are going to be tight on the wallet. We’re going to have to say “no” to a lot of the things we wish we could say “yes” to. We’ll have to give up some of the travel plans we’re fond of making, with the assurance that we’ll have the chance to do it even better just a few years down the road – without going deeper into credit debt.
This article is for all of our wonderful friends, family, and fans who have asked us the questions of “how” and “when.” Stay tuned for my next post, which dives deeper into answers to the question of “why.” I look forward to sharing inspirational stories from the corners of the globe, about some of the incredible people who have inspired us to go on this journey.
Also, check out my upcoming posts for a chance to buy out “Casa del Collins” at seriously rock bottom prices. Who knows.. maybe if we work hard enough, a few people will eventually know who we are, and all of this stuff could be worth something some day. Dare to dream.
As always, thanks for reading.