Episode 33: Lessons in Grit and Growth on the AT with Steve Bradshaw


In this episode, I sit down with Steve Bradshaw, a lifelong adventurer and outdoor enthusiast from Western North Carolina. Steve’s story is one of pushing boundaries, from growing up in West Virginia to becoming a collegiate championship swimmer, and ultimately to hiking the entire Appalachian Trail. Steve shares how he stepped out of his comfort zone to take on the grueling 2,200-mile trail, and we explore the mental and physical resilience it takes to complete such an endeavor. Whether you’re into hiking, or simply looking for inspiration on how to challenge yourself in new ways, Steve’s journey offers a wealth of insight.

We dive into Steve’s upbringing and how his early experiences in the outdoors shaped his life. We also chat about his experiences with starting and selling a successful business, how he balanced family life with adventure, and the unexpected lessons he learned on the trail. This episode is packed with stories of adventure, perseverance, and growth, so buckle up!

Timeline Summary:

[2:22] – Steve’s introduction and how his love for the outdoors began in West Virginia
[8:45] – How collegiate swimming shaped Steve’s mindset and approach to challenges
[14:50] – The story behind Steve’s trail name and why he decided to thru-hike the Appalachian Trail
[23:30] – Navigating the hardest sections of the Appalachian Trail and how the weather played a role
[31:10] – The importance of “hiking your own hike” and the unique culture of trail communities
[40:55] – Lessons learned from the grind of hiking and how they translate to everyday life
[47:15] – What’s next for Steve: From elk hunting in Colorado to new adventures on the horizon

Links & Resources:

Closing:

If you enjoyed this conversation with Steve, be sure to rate, follow, and share the podcast with your friends. Every review helps us reach more listeners who are ready to embark on their own great adventures. Thanks for listening, and we’ll catch you next time!

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How to Plan a Big Family Trip Without Becoming the Griswold’s

Research shows that spending money on experiences often brings more lasting joy than buying more “stuff.” Now imagine the joy and connection that comes from planning a big family vacation—one that creates memories for generations to come. I believe Clark Griswold knew the value of such trips, but he clearly had trouble pulling it off.  While getting everyone aligned may feel challenging, it’s also what makes the journey worthwhile. Let’s go over some key steps to ensure your family adventure is one for the books.

Open the Dialogue Early

Nobody enjoys being dragged along on someone else’s vacation. The key to a successful family trip is making sure everyone feels included from the start. Whether some family members are retired with flexible schedules or others are balancing school, work, and activities, it’s important to consider everyone’s situation.

Start by agreeing who is the ‘champion’ of the planning overall.  Someone must be responsible for organizing the communicating the plans.  Then start gathering input from everyone—use a group video chat, shared document, or a family meeting to talk through options. This gives everyone a chance to voice what works for them and helps you find common ground. Collaboration early on can make all the difference in pulling off a trip everyone enjoys.  Obviously this will look different if you are traveling with younger kids, but you know that they have opinions too!

Balance Togetherness and Individual Time

When planning a vacation for a large group, it’s crucial to strike the right balance between shared experiences and personal space. Not everyone will want to do the same activities, and that’s okay. Whether it’s golfers heading out for a round while others enjoy a spa day or different groups exploring different sights, the key is flexibility.

Plan a few moments for everyone to be together—like beach time or family dinners—but also allow space for each person to pursue what excites them. This balance will help everyone enjoy the trip in their own way without feeling overwhelmed or restricted.

Be Clear About the Budget

Few things create tension faster than money talk, especially in a family setting. If each family is paying their way, aim to pick a destination that fits most people’s budgets. If one person is paying for it all (ie, mom and dad), be totally clear about that from the beginning.  This ensures everyone can enjoy the trip without feeling financially strained.  Or worse, living in the uncertainty of ‘who is paying for what’?

If you are generously covering the cost, having a clear budget in place is even more important. Setting limits upfront helps ensure you don’t overstretch yourself financially, allowing you to fully enjoy this special experience with your loved ones.

Thinking ahead about your travel budget and ensuring that this family vacation fits within your broader financial goals will allow you to focus on making memories instead of managing costs.  This is what it is all about!

 

I have a Lump Sum in Cash – Should I Invest It Right Away?

Whether it’s a work bonus, inheritance, or proceeds from selling a business, receiving a large sum of money can leave you wondering, “What do I do with it now?” It’s natural to feel a bit stuck—especially with the market going through its usual ups and downs. Do you invest it all at once, or spread it out over time?

This is a common question, and honestly, it’s understandable. We all worry about making the wrong move—invest too soon and the market might drop; wait too long and you could miss a rally. But there’s no need to over-complicate it. Let’s break down your options.

Start with Your Goals

Before diving into the numbers, ask yourself: What do I want this money to do for me?

If you’ve got short-term goals, like paying for your kid’s college tuition in the next few years, you may want to lean toward more stable, less risky investments—think bonds, bond funds, or CDs. These are less likely to be impacted by the market’s short-term swings.

On the other hand, if this money is for long-term goals, like retirement, then putting it into the stock market might make sense. Over the long haul, markets tend to rise, despite the short-term ups and downs.

Lump-Sum vs. Dollar-Cost Averaging

Now, should you invest all the cash at once or spread it out?

Lump-sum investing gets all your money into the market right away, which could be great if the market’s on the rise. But no one can predict the future, and there’s always a chance the market dips right after you invest. If that possibility stresses you out, dollar-cost averaging (DCA) might be more your speed.

With DCA, you invest a set amount regularly—say, $1,000 a month for a year. When prices are high, you buy fewer shares; when prices drop, you buy more. It’s a steady approach that smooths out market fluctuations over time.

However, here’s the kicker: research shows that lump-sum investing tends to outperform dollar-cost averaging about 68% of the time. So, if your main goal is maximizing returns, lump-sum might be the way to go. That said, the difference in returns between the two strategies isn’t massive, so if dollar-cost averaging helps you sleep better at night, it’s worth considering. After all, the last thing you want is to panic and sell when the market dips.

The Bottom Line—Don’t Wait

Whether you go with lump-sum investing or dollar-cost averaging, the most important thing is not to delay. Holding onto cash means missing out on potential growth from stocks and bonds. And trying to time the market? That’s a tough game to win.

In fact, studies show that average investors who attempt to time the market often miss out—by as much as 5.5% compared to just sticking with the S&P 500. So, whatever you decide, get started. Both approaches will help you benefit from the market’s long-term upward trend, which is key to achieving your financial goals.

Need help figuring out which approach works best for you? Reach out, and we’ll walk through it together.

Episode 32: Epic Adventures and Life Lessons with Skip Schweiss


In this episode of the On Adventure podcast, I sit down with Skip Schweiss, a seasoned executive in the financial services industry and a passionate adventurer. Known for his years of leadership at TD Ameritrade, Skip has seamlessly woven his professional life with a personal quest to push physical and mental boundaries in the great outdoors. We dive into Skip’s career journey, from his work in advisor advocacy to how he’s now dedicating more time to his love of the wilderness.

But Skip isn’t just about hiking the occasional trail—he organizes an annual group hike called “Excellent Adventures,” attracting dozens of people to tackle challenging hikes across some of the most beautiful landscapes in the U.S. From the majestic peaks of Colorado’s 14ers to this year’s adventure in Telluride, Skip shares his motivation for doing hard things, the camaraderie that comes from shared suffering, and why he believes that testing our limits makes us better.

Whether you’re a seasoned adventurer or someone looking for inspiration to push past your comfort zone, Skip’s stories will encourage you to set bigger goals, embrace the challenge, and find joy in the journey.

Episode Highlights:

[2:42] – Skip’s journey in the financial industry, his role at TD Ameritrade, and how his love for adventure began.

[7:00] – How the Rockies ignited Skip’s passion for hiking, leading him to complete all 54 of Colorado’s 14ers.

[12:15] – The origin of Skip’s “Excellent Adventures” group hikes, which have now grown to include 70 people, and the importance of camaraderie in adventure.

[29:00] – Handling adversity on the trail: The lessons Skip has learned about staying calm when things go wrong, and how to apply that mindset to life.

[40:30] – A recap of the most recent “Excellent Adventure” in Telluride, where Skip led a group on a brutal 26-mile hike with 8,000 feet of elevation gain.

[52:00] – What’s next for Skip and the group? A sneak peek into next year’s adventure to Zion National Park and some of the epic hikes planned.

Links & Resources:

If you enjoyed today’s episode, please take a moment to rate, review, and share the podcast! Don’t forget to follow us so you don’t miss out on upcoming episodes filled with more inspiring adventures.

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How to Live Like a Local…in Paris

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How to Live Like a Local in Paris, France: A Financial Planner’s Guide to Adventure

Paris, the City of Light, is known for its world-class art, cuisine, and culture. But to truly experience the magic of Paris, you need to live like a local. Not only does this provide a more authentic experience, but it can also be more financially sustainable, which is a priority for our financial planning clients. Here’s a guide to living like a local in Paris with a touch of adventure, while keeping your budget in check.

Navigate Paris Like a Parisian

One of the best ways to explore Paris is on foot or by using public transportation. Parisians often walk or bike around the city, especially in pedestrian-friendly areas like Le Marais or the Latin Quarter. Renting a Vélib’ bike is a great option for getting around efficiently and affordably. For longer journeys, the Paris Metro is fast, cheap, and easy to navigate. A weekly or monthly Navigo pass can save you money compared to purchasing individual tickets.

Explore the Neighborhoods Beyond the Tourist Spots

While the Eiffel Tower and Louvre are iconic, living like a local means venturing into Paris’s unique neighborhoods. Montmartre offers cobblestone streets, art galleries, and an authentic bohemian atmosphere. Definitely visit the Sacré-Cœur Basilica at the top of Montmarte and take the short tram from the front steps down to a delicious streetside crepe.  My family loved this excursion!  Le Marais, with its narrow medieval streets, is home to fashionable boutiques, quaint cafés, and hidden courtyards. Canal Saint-Martin is a favorite among Parisians for picnics and strolls along the water.

For a true local experience, spend time in lesser-known districts like Belleville, known for its vibrant street art and multicultural food scene, or the 11th arrondissement, where you’ll find affordable restaurants and a relaxed, authentic vibe.

Shop at Local Markets

One of the most enjoyable ways to live like a Parisian is by shopping at local markets. Rue Mouffetard, in the Latin Quarter, is a historic market street with fresh produce, cheeses, and bread. Marché d’Aligre in the 12th arrondissement is a bustling market where you can find everything from gourmet foods to second-hand treasures.

Shopping at markets not only supports local businesses but also offers a budget-friendly way to enjoy the best of French cuisine. Grab some fresh baguettes, cheese, and a bottle of wine for a perfect Parisian picnic in one of the city’s many parks.  The amount of Fromageries in Paris will make a cheese lover’s heart melt!

Enjoy the Green Spaces

Paris is home to beautiful parks and gardens where locals spend their weekends relaxing. The Jardin du Luxembourg is a favorite for its tranquil atmosphere and stunning landscapes. For something off the beaten path, visit Parc des Buttes-Chaumont in the 19th arrondissement, one of Paris’s largest parks, complete with waterfalls, cliffs, and stunning views of the city. Parc Monceau in the 8th arrondissement is another gem, offering a peaceful retreat surrounded by elegant townhouses.

Eat Like a Parisian

Dining in Paris can be pricey, but there are ways to eat like a local without overspending. Skip the tourist traps and head to neighborhood bistros and brasseries where locals dine. For an authentic Parisian experience, visit a fromagerie (cheese shop) and boulangerie (bakery) to assemble your own meal. Enjoy a simple, yet delicious picnic by the Seine or in one of Paris’s parks.

For those looking to experience Paris’s diverse culinary scene, explore the affordable eateries in neighborhoods like Belleville or the 10th arrondissement, where you’ll find cuisines from around the world. Don’t forget to visit the pâtisseries (pastry shops) to treat yourself to a croissant or pain au chocolat.

Take Advantage of Free Cultural Attractions

Many of Paris’s most famous museums offer free entry on the first Sunday of every month, including the Louvre and Musée d’Orsay (one of my favs). Additionally, some of the city’s most beautiful landmarks, like Notre-Dame and Sacré-Cœur, are free to visit. Wander the streets of the historic neighborhoods like Le Marais and the Latin Quarter, soaking in the city’s architecture and charm without spending a euro.

Another way to experience local culture is by attending free events. From outdoor film screenings in the summer to seasonal festivals, Paris offers numerous opportunities for entertainment that won’t strain your budget.

Live Like a Local, Plan Like a Pro

Living like a local in Paris means embracing the city’s slower pace, savoring simple pleasures, and avoiding the touristy spots in favor of authentic experiences. As financial planners, we understand that your travel adventures shouldn’t come at the expense of your financial well-being. By making smart choices, from using public transportation to shopping at local markets, you can enjoy the best of Paris without breaking the bank.

Financial Tips for Adventurous Paris Travelers
  • Set a Daily Budget: Paris can be expensive if you’re not mindful of your spending. Set a daily budget for meals, transportation, and activities to stay on track.
  • Accommodation: Consider staying in short-term rentals or chambres d’hôtes (bed and breakfasts) instead of pricey hotels. This also gives you the chance to live in authentic Parisian neighborhoods.
  • Local Banking Options: If staying for a longer period, consider opening a local bank account to avoid foreign transaction fees.
  • Use Public Transport: The Navigo pass is cost-effective for public transport, and Vélib’ bikes are an affordable, fun way to explore the city.

By following these tips, you can experience Paris like a local and make your trip both memorable and financially smart. Paris is a city for dreamers and adventurers alike, and with the right approach, you can explore its wonders without overspending.

Less is More in Election Years

I am getting tons of questions right now (and every 4 years historically) about what does the election cycle mean for my investments and what should we do to ‘protect’ ourselves.  These are legitimate questions coming from an honest place of concern about important matters.  My answer has been pretty consistent now for over 20 years, but I could not write this any better, so I’m going to leave this to an expert.  This is a must read from Dr. Daniel Crosby, Chief Behavioral Officer with Orion.  He is a psychologist and behavioral finance expert with a New York Times best seller.

 

 

As the 2024 election approaches, the political noise is deafening. Campaigns are in full swing, pundits are making predictions, and market analysts are offering endless advice on how to manage your investments. However, the best strategy for your portfolio during this tumultuous time might surprise you: do nothing.

In times of great political and economic uncertainty, the instinct to take action can be overwhelming. This tendency, known by shrinks like me as “action bias,” is the inclination to favor action over inaction, especially when the stakes are high. It’s a concept that’s particularly relevant in the world of investing.

Consider the world of soccer, where goalkeepers, faced with penalty kicks, often dive dramatically to the left or right. A group of researchers examined 311 penalty kicks and found that goalies dove to the left or right 94% of the time. However, the kicks were distributed roughly equally: one-third to the left, one-third to the right, and one-third down the middle. Goalkeepers who stayed in the center had a 60% chance of stopping the ball, far greater than the odds when diving left or right.

So why do goalkeepers choose dramatic dives over the more effective strategy of staying centered? When we put ourselves in the shoes (or cleats) of the goalie, especially in high-stakes situations, the reason becomes clear. When the game and national pride are on the line, goalies want to appear as though they are giving a heroic effort. Staying centered can look like complacency, even though it’s statistically the best choice. This same dynamic applies to investors who, in times of market distress, feel compelled to act, even when inaction would serve them better.

When Vanguard examined the performance of accounts that had made no changes versus those that had made tweaks, they found that the “no change” condition handily outperformed the tinkerers. Meir Statman cites research from Sweden showing that the heaviest traders lose 4 percent of their account value each year to trading costs and poor timing and these results are consistent across the globe. Across 19 major stock exchanges, investors who made frequent changes trailed buy-and-hold investors by 1.5 percentage points per year.

Perhaps the best-known study on the damaging effects of action bias also provides insight into gender-linked tendencies in trading behavior. Terrance Odean and Brad Barber, two of the fathers of behavioral finance, looked at the individual accounts of a large discount broker and found something that surprised them at the time.

The men in the study traded 45 percent more than the women, with single men out-trading their female counterparts by an incredible 67 percent. Barber and Odean attribute this greater activity to overconfidence, but whatever its psychological roots, it consistently degraded returns. As a result of overactivity, the average man in the study underperformed the average woman by 1.4 percentage points per year. Worse still, single men lagged single women by 2.3 percent – an incredible drag when compounded over an investment lifetime.

The tendency of women to outperform is not only seen in retail investors, however. Female hedge fund managers have consistently and soundly thumped their male colleagues, owing largely to the patience discussed above. As LouAnn Lofton of the Motley Fool reports, “…funds managed by women have, since inception, returned an average 9.06 percent, compared to just 5.82 percent averaged by a weighted index of other hedge funds. As if that outperformance weren’t impressive enough, the group also found that during the financial panic of 2008, these women-managed funds weren’t hurt nearly as severely as the rest of the hedge fund universe, with the funds dropping 9.61 percent compared to the 19.03 percent suffered by other funds.”

As the 2024 election unfolds, resist the urge to make dramatic changes to your portfolio. Remember, sometimes the best action is inaction. By staying the course and avoiding the pitfalls of action bias, you can protect and grow your wealth, regardless of the political landscape.

Source: The Laws of Wealth, Crosby  

 

Episode 31: Turning Tragedy Into Purpose – An Adventurous Journey with Clay Sanders


In this deeply moving and inspiring episode, I sit down with Clay Sanders, a man whose life is marked by profound adventures, resilience, and purpose. Clay shares stories of his adventurous spirit, from crossing the country on an Elliptigo to running the Leadville 100 ultra marathon, all while balancing a successful career as a dentist. But beyond the adventures, Clay opens up about the tragic loss of his son, Joel, to opioid addiction, and how that event spurred him into action, continuing his son’s legacy by raising awareness about addiction stigma.

We dive into Clay’s perspective on how adventure can be both structured and unpredictable, and how his journey to honor his son led him to discover even deeper connections with others, both in the U.S. and across the globe. You won’t want to miss Clay’s powerful reflection on the process of navigating life’s challenges and the wisdom he has gained along the way.

Timeline Summary:

[2:22] – Clay shares his move from Western North Carolina to Colorado and how he adjusted to life at higher altitudes.
[6:17] – Adventures in ultra-running and what led Clay to tackle the notorious Leadville 100.
[14:30] – The impact of high altitude on ultra-endurance races and how Clay trained for the Leadville 100 while living at sea level.
[28:19] – Tragedy strikes: Clay discusses the loss of his son Joel and how that transformed his life and purpose.
[32:00] – The journey across the U.S. on an elliptical bike to raise awareness about addiction stigma.
[43:10] – Clay’s global adventure: how traveling to 20 countries opened his eyes to the shared humanity across cultures.
[56:23] – The metaphor of the Great Barrier Reef: how diversity and unity coexist harmoniously in nature and in life.
[1:05:34] – Reflections on the power of the journey versus the destination.

Links & Resources:

Closing Remarks:

If you enjoyed this episode, don’t forget to rate, follow, and share it with others who might be inspired by Clay’s story. Your support helps spread these powerful messages. See you next time as we continue to explore life’s greatest adventures!

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Episode 30: From Boardroom to Backwoods with Jeff Ames


 

In this episode of the On Adventure Podcast, I had the pleasure of sitting down with Jeff Ames, aka Rambler, a true “everyday explorer” who took on the challenge of a lifetime by through-hiking the Appalachian Trail. Jeff’s journey is a story of preparation, endurance, and self-discovery as he trekked 2,200 miles from Georgia to Maine over several months. We dive into what inspired him to embark on such an ambitious adventure after retiring in his mid-50s, the highs and lows of his journey, and the unforgettable characters he met along the way. Whether you’re an aspiring long-distance hiker or just love hearing tales of personal transformation, this conversation is packed with insights and inspiration.

Join us as we explore the planning and execution of Jeff’s hike, the camaraderie found on the trail, and the lessons learned from spending months in the wilderness. You’ll also hear some wild stories about the colorful personalities that Jeff encountered on the trail, and why he believes that hiking is much more than just a physical challenge.

Episode Highlights:

  • [00:00] Introduction to the episode and Jeff’s background
  • [01:48] Jeff’s preparation and inspiration for hiking the Appalachian Trail
  • [04:00] The seed of adventure: how Jeff’s interest in the AT grew over the years
  • [09:19] Hiking solo vs. finding a “trail family” on the journey
  • [13:00] Memorable encounters: Jeff’s experience with a Russian hiker named Navigator
  • [18:00] Crazy hiker stories and the unique characters of the Appalachian Trail
  • [26:00] Meeting Kristian Morgan, an elite ultra-marathoner aiming for the fastest known time on the AT
  • [40:00] The importance of preparation, gear, and respecting the trail’s challenges
  • [55:00] Reflections on the simplicity and focus that long-distance hiking brings
  • [01:06:00] What’s next for Jeff after completing the Appalachian Trail?

Links & Resources:

If you enjoyed this episode, please rate, follow, and share the podcast. Your support helps us bring more inspiring stories to adventurers like you!

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Episode 29: Reconnecting the World, One Letter at a Time with Jonny Beardmore, the Galapagos Postman


Welcome back to the On Adventure Podcast! In this episode, I chat with Jonny Beardmore, now famously known as the Galapagos Postman. Jonny’s unique quest involves delivering handwritten letters left in an ancient Galapagos Islands postbox to various locations worldwide. But this adventure is more than just about delivering mail; it’s about exploring a deeper question about whether we are disconnected as a species and how we can rebuild those crucial human connections.

Throughout his journey, Jonny has met a diverse array of people, each with their own fascinating stories. From reuniting a couple in Belize through a heartfelt love letter to delivering a touching note from a daughter to her mother in Mexico City, Jonny’s mission has brought surprises,  unexpected joy and reconnections (to him and the receipients). He shares stories of spontaneous hospitality, like the family in Mexico City who welcomed him with tequila and dried crickets, and the emotional reunions that have occurred as a result of his deliveries. Join me as Jonny shares his serendipitous encounters, the challenges he faces, and the incredible impact his journey is having on people’s lives and the charities he is fundraising for.

Episode Highlights:

  • [00:00] Introduction: Josh introduces Jonny Beardmore, explaining how he discovered Jonny’s story and what intrigued him about it.
  • [02:20] The Galapagos Postman: Jonny explains his nickname and details the tradition of the Galapagos Islands postbox that dates back to 1793.
  • [05:17] The Challenge: Jonny talks about the inception of the Galapagos Postman Challenge, collecting 50 letters from the Galapagos and his year-long journey to deliver them.
  • [07:45] Personal Motivation: Jonny discusses his personal motivations, including the impact of his father’s battle with motor neurone disease (ALS).
  • [15:05] Planning and Logistics: The process of planning this ambitious global adventure, including the support systems in place and the challenges faced.
  • [24:03] Human Connections: Jonny reflects on the commonalities he has found among diverse cultures and the importance of personal connections in an increasingly digital world.
  • [38:00] Inspiring Stories: Jonny shares some of the most touching and inspiring stories of delivering letters, including reuniting people and the emotional impacts.
    • Belize: Reuniting a couple through a heartfelt love letter.
    • Mexico City: Delivering a daughter’s letter to her mother, recovering from surgery, resulting in an emotional family reunion.
    • Central America: Overcoming challenges to deliver letters, experiencing spontaneous hospitality, and hearing incredible life stories.
  • [47:50] Funding and Support: Insight into how Jonny funds his adventures and the work-life balance required to manage such an undertaking.
  • [55:00] The Bigger Picture: Jonny’s thoughts on whether the world is truly disconnected despite technological advancements and how this challenge has impacted his views.

Links & Resources:

Thank you for tuning in! If you enjoyed this episode, please rate, follow, share, and review the podcast. Your support helps us bring more inspiring stories to light. For more content, visit Ridgeline Wealth Advisors and sign up for our newsletter, The Money Trail Guide. Until next time, pursue your own great adventure!

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How to Live Like a Local…in London

London, England is a city brimming with history, culture, and adventure. For those planning to make the most of their time in any vibrant metropolis, it’s essential to live like a local. This approach not only provides a richer experience but can also be more cost-effective, a key consideration for any Everyday Explorer traveling to a new place. Here’s a guide to help you navigate London with a spirit of adventure and a savvy financial mindset.

Embrace Public Transportation

London’s public transportation system is extensive and efficient. Locals rely heavily on the Tube (London Underground), buses, and trains to get around. Purchase an Oyster card or use contactless payment for seamless travel across the city. Not only will this save you money compared to taxis or ride-sharing services, but it also immerses you in the daily rhythm of London life.  If you’d rather get from point to point a little more quickly, using the famous Black Cabs will do it for you.  You can definitely spend a small fortune getting around the city, but it’s fast and pretty fun if you get a good driver.

Discover Hidden Gems

While iconic landmarks like the Tower of London and Buckingham Palace are must-sees, living like a local means seeking out hidden gems. Explore neighborhoods like Shoreditch, known for its street art and eclectic vibe, or Hampstead Heath, a vast green space offering panoramic views of the city. For a unique experience, visit the Leighton House Museum in Kensington, an opulent Victorian home filled with art and history.  As soccer fans (sorry, futbol), we had to visit a stadium and so we picked Stamford Bridge to see the home of Chelsea Futbol Club.  We are now big fans!

Shop at Local Markets

Londoners love their markets, and these bustling hubs are perfect for immersing yourself in local culture. Borough Market, near London Bridge, offers a feast of fresh produce, artisanal foods, and culinary delights. For vintage finds and quirky treasures, head to Portobello Road Market in Notting Hill. Covent Market was one we visited and loved the shops, food and live music…an amazing vibe.  Shopping at markets not only supports local vendors but also provides a more authentic and budget-friendly shopping experience.  And for some extra flare, visit in December so you can experience the amazing Christmas markets.

Enjoy the Outdoors

Despite its urban nature, London boasts an array of parks and outdoor spaces. Hyde Park, Regent’s Park, and Richmond Park are just a few of the green havens where locals unwind. Rent a bike through Santander Cycles and explore these parks on two wheels. For a more adventurous outing, take a walk along the Thames Path or venture to the outskirts of the city for a hike in the Epping Forest.

Eat Like a Londoner

Dining out in London can be expensive, but locals know where to find great food without breaking the bank. Visit neighborhood pubs for traditional British fare like fish and chips or a hearty Sunday roast. Discover the city’s diverse culinary scene by exploring food halls such as Mercato Metropolitano in Elephant and Castle or Boxpark in Shoreditch, where you can sample dishes from around the world.  We found ourselves in a pub (especially for the World Cup final which was absolutely electric!) almost every day in the city, but the fav…and evening dinner at the Sky Garden overlooking the entire London Skyline.  Make your reservation well in advance. 

Take Advantage of Free Attractions

London is home to numerous world-class museums and galleries, many of which offer free entry. Spend an afternoon at the British Museum, the National Gallery, or the Tate Modern.   For an even more immersive experience, hire a guide to take you through for a few hours.  It will change the entire experience!  Wander through the charming streets of Covent Garden (again, great at Christmas time) or take in the lively atmosphere of Southbank, all without spending a penny. These free attractions provide cultural enrichment and entertainment, making them perfect for the budget-conscious traveler.

Live Like a Local, Plan Like a Pro

Living like a local in London involves more than just seeing the sights—it’s about immersing yourself in the city’s culture and lifestyle. As financial planners, we understand the importance of balancing adventure with financial prudence. By embracing local habits, seeking out hidden gems, and making the most of free attractions, you can enjoy an enriching and cost-effective stay in London.

Financial Tips for the Adventurous Traveler
  • Budget Wisely: Allocate funds for daily expenses and stick to your budget. Use apps to track spending and find deals.  Check in on your progress each day.
  • Local Banking: Consider opening a local bank account if staying for an extended period. This can save on foreign transaction fees.  I haven’t done this personally so do your research.
  • Public Transport: Utilize weekly or monthly travel cards for the best rates on public transportation.
  • Cultural Memberships: Some museums and attractions offer memberships that provide free or discounted entry.

By following these tips, you can experience the best of London. Living like a local not only enriches your travel experience but also ensures you make the most of your adventures in this incredible city.