Ep. 040 — Take A Gap Year | Money Metagame

A couple in their twenties grew their savings rate from 6% to 58% in just a few years — then decided to quit their jobs and travel for a year.

Noah and Becky share how they went from conventional financial practices to leveraging scholarships, travel rewards, and FI strategies to fund their gap year adventure. Noah, a moderator in the ChooseFI Facebook group and creator of Money Metagame, initially struggled to convince Becky that financial independence was achievable. But once she saw the numbers, everything changed.

Their story reveals how both earned free college educations through the Evans Scholarship as golf caddies, mastered travel rewards to eliminate accommodation costs, and built enough financial runway to take a year off. They discuss their decision-making process, addressing common fears about career gaps, and the mindset shift required to realize that the worst-case scenario is simply returning to their previous jobs.

Noah and Becky's Financial Journey 00:02:11
Both benefited from the Evans Scholarship, which covered their college education in exchange for caddying and maintaining good grades. This unconventional path to a debt-free degree gave them a head start on building wealth.

Transitioning to Financial Independence 00:19:10
The couple dramatically increased their savings rate by adopting FI principles. Noah introduced Becky to travel rewards strategies and financial independence concepts, though initial skepticism required seeing real numbers before she fully bought in.

Planning for the Gap Year 00:21:11
They outline their approach to taking a year off, including decisions about keeping or renting their home, managing healthcare, and maintaining income flexibility. Their planning demonstrates that a gap year doesn't require reaching full FI — just enough runway and a backup plan.

Travel Rewards Strategies 00:43:59
Noah explains how they leverage hotel promotions and credit card benefits to dramatically reduce travel costs. By strategically maximizing points programs, they've positioned themselves to travel extensively without draining savings.

The Hot Seat 00:47:35
Quick-fire questions reveal their favorite resources (Doctor of Credit has "saved us a fortune"), biggest financial mistakes, and advice for others considering a similar path.

"Getting sponsored by your caddying club is essential." 00:12:29

"The worst case scenario is simply returning to routine jobs." 00:40:34

"Maximizing hotel promotions is key for us!" 00:33:15

"Following Doctor of Credit has saved us a fortune!" 00:48:37

Resources:

• MoneyMetagame.com - Noah's blog about finance and travel rewards 01:00:10
• Doctor of Credit - Resource for maximizing credit cards and points 00:48:17
• Go Curry Cracker - Travel and finance insights 00:50:11