Why wait five more years?

Some people ask us why we want to wait five more years before moving to Spain. House prices are low so it would be a great time to move, wouldn't it? The answer to that question is of course yes. And we would love to move rather sooner than later, but the fact is that such a move costs quite a bit of money and that is something we don't have at the moment. We do not only need money to finance a place to live and start our business, but we also need money to start up a business and promote it. considering the fact that the business will probably not be successful from the start it is also important to have some money to get through the first two years. Hence the fact that we are not moving for another five years.

For the next five years we are planning to save as much money as possible without completely denying us all the good things in life. So we do plan to go on holidays, to go out for dinner and to have a nice evening at a theatre or so, but we will spend less money on those things compared to the previous years. Luckily we both have good jobs and we earn a fair bit of money. In previous years we would have used most of that money for the fun things in life, but now a days we transfer it to our savings account and only spend a set amount of money a year on holidays etcetera.

Every Euro saved means we get one step closer to being able to complete our plan. It is very difficult to know exactly how much money we will need to set up our business. We have made a plan and if we stick to that plan we do think we have enough money in five years time. Let's hope our calculations are correct!!