Without Bound (Documentary) Perspectives on Mobile Living 043



There are people who like money, and people who like things.

Carrie and I watched a documentary called Without Bound – Perspectives on Mobile Living (Click the link or watch the doc below)

The doc included interviews with a few people who live on the road full time. Cars, vans, trailers, and RVs mostly.

I loved the mentality on money, possessions, and freedom that these people have. They think differently, that’s for sure. None of these folks are pursuing the Standard American Dream. They have their own dream. Actually, it’s more like their own personal version of The American Dream.

Each person who was interviewed was asked about money. To live on the road full time you just have to think about and approach money differently. Most of them only spend between $500 – $1,000 a month!

I loved what they had to say about money, possessions, freedom and how they impact each other.

One quote that Carrie and I discuss in this episode goes like this…

I find there’s two sorts of people – people who like money, and people who like things. The ones who have the things don’t have any money, and the people who like the money don’t have a lot of things. I’d rather have the money than the stuff. Because money buys me freedom. freedom of choices, freedom of movement, freedom to do what I want to do.

So, what about you…

How do you see the relationship between money, things, and freedom?

-Derek, Carrie, Amelie.

Thanks to J$ for posting about the doc!

We mentioned Family Adventure Podcast in this episode too! An incredible podcast about families who travel full time with kids!


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  • http://rockstarfinance.com J. Money

    Glad y’all liked it as much as I did :)

  • Jason Leonidas

    I enjoyed the discussion but I think you guys missed a very big part of the money/stuff perspective, passive income. Most people in the documentary were living on a monthly check from their previous investments. They earned enough money to live off the interest and thus created “freedom.”

    You need the money to act as leverage for you so you won’t need to work for money but let money work for you. Most people don’t have the discipline to not spend 100% or more of their money every month. They want it now and don’t see the need to save for retirement which is WAY too far in the future from their perspective.

    Just recently I read a case study from a women who is the poster child for this type of intentional living as seen in the movie. She is 37, has no family or a home. She has been working at the same firm for 13 years while saving damn near everything she’s earned. Her peers have a home, two or three cars, expensive vacations, home remodels, expensive furniture, the whole nine years. From the outside observer, the friends are doing very well and the 37 year old women is doing sub par. But guess what? This women plans on retiring in two year! Literally retiring, never working again unless she chooses. This is because she invested every extra dollar she could into paper investments that have compounded and grown. She will have a full time income from the interest and set off into the sunset on her travel adventures while her friends will be working till they’re 63 or older. Her friends will retire in the distant future and live off their pension, 401k, or social security. This isn’t a horrible life plan but you are just doing things in reverse; enjoying creature comforts when your young then having time when you’re old. The young women is avoiding creature comforts till she is old while taking advantage of the time while she is young.

    • http://www.derekandcarrie.com/ Derek C. Olsen

      Jason-

      Epic! I love it.

      Would you mind posting a link to the case study about the 37 year old?

      Thanks

      -Derek

      • Jason Leonidas

        Hey Derek,

        I’ve been looking for about 30 minutes now, I can’t find it anywhere. I tried the extreme frugality website and others, but to no avail. If you try searching, these are the things I remember: She was 37 at the time of the writing, she was working at a “firm,” I think law, it had a picture of her in a hammock, she looked more hippie than finance. No kids. That’s all I got. She would be a great interview subject.