I've spent the last six years investing in travel. Not irresponsibly, mind you. We have savings for a rainy day, and we put a little bit toward our pension every month. But we don't live for the housing market or a fat portfolio of stocks. We simply put a higher value on memories than dollars, and that works just fine for us. But the most frustrating part has been the incredulous ridicule from "responsible" people that can't understand why we would prefer to invest in life experiences as opposed to a bigger 401K.
Then the recession hit and the tables turned...quickly. All of the sudden, our outlook doesn't seem so foolish, and I'm grateful that the rolling of the eyes and the constant "advice" has almost entirely ceased. Now it is my turn to look at these former CEOs and powerhouse business people that seem lost without their fat wallets and their huge houses. If I were to offer them advice, it would sound an awful lot like this great article from this month's issue of National Geographic Traveler.