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Candy Valentino
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Matthew Kepnes
Foreign welcome to the Candy Valentino show, the podcast for founders, investors and entrepreneurs where we have honest conversations about what it takes to grow your business, build more wealth and create financial freedom.
Candy Valentino
Hey guys, welcome back to another episode of the Candy Valentino Show. Thanks for tuning in with me today. Oh, you guys are in for it. I loved this interview. We are diving into the art of traveling smarter, especially when there are times when money just feels a little bit tight or the world feels a little uncertain. And today our guest is someone who has practically rewritten the rules of travel like things I have never even heard of. He is the modern nomad. You may know Matthew Kepnes as Nomadic Matt. He's a best selling author, a New York Times bestselling author of how to Travel the world on $75 a day. He's the founder of one of the most popular blogs in the world and is the go to voice for travelers who really crave more from life and don't want to spend more from their wallets. He spent over a decade proving that meaningful transformational travel is not about having the most amount of money but really about making smart choices and talks about the one thing that need in order to save money and still travel the world. Make sure that you listen to the end where I ask him a question of specific amounts of money if he had where in the world he would go. He also shares three apps and websites that I have never heard about in order to save money on your summer travel. You are going to love this. Let's jump into it. Matthew, welcome to the show.
Matthew Kepnes
Thanks for having me.
Candy Valentino
Thanks so much for being here. This is going to be fun. So I love to travel. We've never had a travel expert on the show, let alone a New Times bestselling author on travel. So I really want to have this conversation and typically we start out with our audience trying to give them value right out of the gate. So we are coming into travel season we're in the summer. Everybody is trying to book. How can someone that's looking right now save a little bit of cash when they're trying to book their summer travel?
Matthew Kepnes
Well, the most important thing you can really do is just be flexible. You know, the difference of a day can mean the difference of hundreds of dollars on flights, hotels, tours. You know what, you know, if you are like, I have to go to Europe in the summertime. Well, you and everybody else, right? So, you know, the question is maybe you go a different day, right? You know, maybe there is a point a mile sale on Tuesday rather than Wednesday, or, you know, just for some weird reason, it's $300 cheaper on Thursday then Wednesday. Or you don't fly into Rome, you fly into Dublin, or you go to London or, you know, maybe if, you know, Greece this time of year is super expensive. So you've. But you're, like, dead set on the beach. So you don't go to Mykonos. You go to, like, some smaller island or you go to, like, the beaches in Albania, you know, so it's all about trying to be as flexible as possible, whether it's where you go or when you go, because there's always deals. There's deals happening every day for destinations, for flights, for hotels. It's just a matter of, like, will you be flexible enough to take advantage of them.
Candy Valentino
That's interesting. So how on earth, like, so you're known as Nomadic Matt. Correct?
Matthew Kepnes
Correct.
Candy Valentino
In your book, how to Travel the world on 50 bucks a day. Which is crazy to think about how.
Matthew Kepnes
75 now.
Candy Valentino
75 now. With inflation.
Matthew Kepnes
Yeah.
Candy Valentino
How did you start this?
Matthew Kepnes
I quit my job when I was 25 to go back half the world for a year, take a little gap year before I went corporate. And I just never went corporate, and I just kept traveling. And so when I came back after 18 months, I started the blog as a way to try to get freelance writing work in hopes that somebody would hire me and pay me, write online articles or do something just enough so I could keep traveling for, like, one more day. That was my goal. Like, yeah, at that time I was 27. I had no career plans. I just was like, I'm 27. I don't want to go back to corporate life. And travel is way more fun. So I was just trying to put off growing up in some ways. And then I started the blog, and then it was a time when Google was just starting to, like, become good, and blogs were becoming a thing that people use to search for information, you know, this is 2008, 2009. I was writing a lot of SEO articles. You know, how to do, how to do X, how to do Y. And so it just kind of like, ranked really well and one thing led to another, and here we are in 2025 with.
Candy Valentino
It's so fascinating because your story is the complete opposite of my 20s. So that's why I'm like, I love this conversation because it's. It's kind of like one of those things where I think there's so many people, they're like, what would it be to just travel the world? And how could you actually do that now? How many countries do you know how many countries you've been to?
Matthew Kepnes
North of 100. I don't really keep track.
Candy Valentino
What's one of your favorite?
Matthew Kepnes
Thailand.
Candy Valentino
Thailand.
Matthew Kepnes
I have a lot of good memories there. I lived there for a couple of years. I always go back. It's just. It's the place that inspired me to quit my job and go backpack the world. So just a lot of, like, good times.
Candy Valentino
What made it so that, like, so I'm just trying to get the behind the scenes of this and what was in your head? So you get to Thailand for the very first time. What inspired you to think, like, I think I'm going to quit my job and just stay here?
Matthew Kepnes
Yeah. I met these backpackers in Chiang Mai. Like, we were on our way to this temple and, you know, there were three Canadians and two, this couple from Belgium. And we're just talking about, you know, normal, like, chit chat, like, where you're from, what do you do, all that kind of jazz. And they were. The Canadians were on the road for as long as their money lasted. And the Belgian couple was just gone for a month, you know, because winter in Europe. And I was like, well, I'm going for two weeks and this is my entire vacation for the year. And then they were like, what are you going to do for the rest of the year? Then I was like, you know, I hadn't really thought about that. And so it kind of got me thinking about that. And then I actually ran into the Canadians the next day at a cooking class. Small world. And so when I went back to Bangkok, we were transiting through. I made my buddy go to Kosan Road, which is like the backpacker, like Mecca of just all travel in Southeast Asia. You know, it's. If you ever watch the movie, the beach. That's sort of where they start off at all. All roads lead there. And so I was like, let's go Hang out there. Let's go play backpacker. And we met a bunch of people and like a couple people came to our next spot with us and I was just like, you know, this is really fun. So one day I was in Koh Samui, which is like a major tourist island. My friend got like heat stroke or whatever, so I went off exploring on my own. I was just on this beach and I was like, you know, I hate my job. Getting an MBA at the time, you know, I know I'm not going to do this. Why not finish the MBA full time rather than do it part time, take a gap year and then, you know, be like the Canadians. And so I was like, I'm gonna do it. So I came home and quit my job and you know, I stayed on for another few months. I did the MBA and then I.
Candy Valentino
Went, wow, that's awesome. So Thailand's definitely the top. Is there one that was like the cheapest or some unexpected thing happened that you're like, wow, I didn't realize that you could travel for this.
Matthew Kepnes
I mean, once you're on the road, you realize it costs a lot less than you think. Especially if you're in your 20s in your backpack. In the world, as the book says, 75 a day. 50. But you know, back then, but now with the new edition that came out in March, 75. But you know, I mean, Cambodia was a country that surprised me a lot. I just really liked it.
Candy Valentino
How so? What was it about there?
Matthew Kepnes
Everyone was just really friendly and it was just sort of like very hospitable place. Yeah, I've always loved going back there. I don't think there's one destination that's ever was like, wow, this. I didn't realize you can travel that cheap. Because every place is as is cheap if you really want a penny pinch.
Candy Valentino
That's interesting. So $75 a day. Now, what are some of the top summer destinations that you think about for this year? So if somebody was wanting to travel, maybe they're not in the position, they just quit their a family. But they want to travel to a nice place. Pretty reasonable. Anything pop into mind that they should look into?
Matthew Kepnes
Taiwan's pretty awesome and very affordable. South Korea, Albania, Slovenia, Bulgaria, Romania are really affordable places. I love Peru. I mean everyone goes to Peru, but that's also a cool spot, I think. I think people sleep on Mexico, you know, I mean, it's like right across the border and like, you know, everyone goes to Puerto Vallarta or Cancun or you know, Mexico City is Now like the hot spot for entrepreneurs and stuff. But there's so much around the country that's just like really great and quite affordable once you leave those areas.
Candy Valentino
So Mexico, but not the big areas that everybody goes to. What are some examples?
Matthew Kepnes
Oaxaca is really great. Chiapas, which is the state like right above the Guatemalan border. The area around Mexico City is also really good. And then you know, Oaxaca state. You know, everyone thinks of Oaxaca as like Oaxaca City and but like the coast is really beautiful. The state of Durango also really good. Mezcal there.
Candy Valentino
That's cool. A lot of those names that you mentioned, like I haven't even heard of. So I must be the, I must be doing the touristy thing where everybody goes. But you mentioned Taiwan and Cambodia and Bulgaria. Isn't the flight to go somewhere like that like crazy expensive?
Matthew Kepnes
Yeah, I mean yeah, business class flights are expensive. That's why I use points and miles, you know, so I'm an avid collector of points. Especially if, you know, if you're an entrepreneur running your own business, it's really easy to just put all your expenses on a credit card and just rack up tens if not hundreds of thousands of points per month and using like 70 to 100,000 points for a flight. And so that's one way to keep costs down. Otherwise you fly economy or you just look for deals, you know, those are always deals around. So I like the website going.com daily drop and seeker flying are three really good websites that let you like, they search for the deal so you don't have to and you know, like you can just see what's going on. And then for points there's a website called Thrifty Traveler and they search lots of good point deals. Daily Drop does that too. So those, you know, if you just subscribe to their newsletter you don't have to like do all the manual searching for flight deals. But the main way I keep costs down is just I use points, you know, I, you know, I mean especially if you're using like a multiplier. Like you know, if you have an MX Gold and you're getting 3x forex on your Facebook ad spend, you know that's going to add up real quickly.
Candy Valentino
Do you have. You spoke about Travel point which I agree. I think travel credit cards are great for those people who can be on the credit card system because they don't rack up debt. I always like to make sure that that caveats there. Some people are trying to get out of credit card debt and that might not be the best solution. But for those people who are using, they're paying off their credit cards every month. They want to rack up miles. Do you have a specific credit card that you like more than most?
Matthew Kepnes
You know, first, yes, you should never do this if you can't pay off your bill fully each month because travel credit cards have like, way higher interest rate than most other cards. But secondly, there's no great card. Like, there's, there are great cards out there. Like, everyone will talk about Amex Platinum or Venture X or Sapphire Reserve, but there's only the best card for you. So, you know, like, you have to think about what is your spending like and like, what's your airline loyalty like, your hotel loyalty like, and then get a car that sort of matches that. You know, like, if you're super invested in, I don't know, United and Star alliance. Right. You know, Chase is the best bank for that because like, they, they transfer to United in Air Canada, whereas like an amex card only really transfers to Air Canada as part of the alliance network. So it might not be as valuable to you as just having like Chase Reserve or a Chasing card. So you really got to think about like, what are your goals and what's your spending like?
Candy Valentino
I love that. So if you happen to live by like an American Airlines hub, like let's say you're in Phoenix, then it might make sense to just have the American Airlines card versus an amx.
Matthew Kepnes
Yeah, I mean, it's always good to like, I'm a Delta loyalist, so I have the Delta card, but I also have like a transferable points card like an MX and Chase. I mean, I have them all because it's my, like, business, you know, to do this, but I don't use them all. Right. You know, and then I kind of like time the bonuses, right? So like I got the amex Platinum business this year for the first time just because they had a really ridiculous sign up on us. And so like, it was worth it for the first year. But like, I don't actually use the card day to day. I just got it for the bonus and then when it's time to renew, I'll probably cancel it.
Candy Valentino
Do you think it's worth banking points overall or do you use them right away?
Matthew Kepnes
You can bank them for a little bit, but they're always devalued. So like, you know, I mean, I burned through, you know, hundreds of thousands of points per year because like, I'm not flying an economy to Thailand. So, you know, I will use all my points, but Points aren't something you, like, hoard. Like, oh, I'm going to save them for retirement. They're not money, you know, they're just, you know, it's an artificial currency that the airlines and hotels always devalue. So, like, if you need them, use them. I mean, if you're saving up for a trip that's like, later in the year, okay, that's fine. Like, if, if they are going to be devalued, you'll have some notice. But, like, if you're like, oh, in two years we're going to like, fly to Australia. So we're saving your, our points for them. Like, that's a really long time away and a lot can happen and you should use your points by then.
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Now, when we talk about staying somewhere as opposed to flights, so many people, I know, they want to get an Airbnb or vrbo. Is that still a good deal? I mean, I think the theory there is that they're saving. If they have large people to get, like a large. A large amount of people to get a larger space, are they offering good deals better than. Or is it. Do you still go the hotel route?
Matthew Kepnes
You know, I think those like Airbnbs and VRBOs and similar services are really good if you're traveling with a group or a family. But I tend to use a hotel as just more convenient. I'm also just against them. In big cities around the world, they do take housing stock off the market. And it's especially problematic in destinations in Europe because they don't build skyscrapers. Like, you know, I live in New York, so, like, you know, it's not a big deal if we have a few Airbnbs, but it is in Amsterdam where, like, they haven't added new housing since 1750. And, you know, it's probably a slight exaggeration, but, you know, and the locals are really against them, too, in big cities, too. But also, I find them, you know, if you're just staying for a couple days, like, you gotta go pick up the keys and they, you know, like, you can't check in till late. And where are you gonna keep your bags? You know, that's like. The other thing is, like, if they want you out by 11, there's no, like, concierge. Like, oh, we'll hold the bags. You know, if your flight's not till 8, then you gotta go find a place to put your bags and pay for that, you know where? I just, like, I just think it's more convenient unless you're with a big group, you know, you got. Or like a couple families. Yeah, that would kind of make sense.
Candy Valentino
Yeah, I'm. I'm with you on the hotel. I just, like, if you're traveling for something, it's like the Airbnb feels more like work, right? Like, you have to go get the stuff. You don't have anybody there. You can't, like, call and get extra towels or, you know, whatever the thing is, there's not security there, like so. But I do get from for families, larger families, it might make sense financially to do an Airbnb. Everyone can be together and then you're actually taking food costs down. But I'm with you. I think overall the hotel feels like a better experience. That aside, have you seen just with writing this revision, did you write the revision or was it just retitled for today's economy of your book?
Matthew Kepnes
It's fully. It's about 80% read.
Candy Valentino
Oh, amazing. That's awesome. Have you found anything changed since the first one like that you've just discovered or something that like, you're like, wow, this doesn't apply anymore. That you had to shift and put into the book?
Matthew Kepnes
Sure, about 80% of it.
Candy Valentino
Wow.
Matthew Kepnes
Hence the rewrite. Yeah. I mean, you know what I thought would be like, oh, I'll just change some prices and update URL, you know, links in the book. Well, like, get rid of companies that went under during COVID do. Like the small little things turned out to, you know, when I stripped everything away that was outdated, I wasn't left with much. So I had to rebuild everything. Because, you know, in the old edition we talked, which was from 2017, you know, I talked a lot about round the world tickets, which aren't even offered anymore. You know, there are a lot of like travel agencies that went under, travel discount cards gone. You know, the rise of points and miles is more of like a common thing. And so I had to put a whole section in that there's all these services now that help people use their points and miles to find flights, availability, add those in, you know, new insurance companies. Plus, you know, all the travel insurance companies updated their, their stuff for Covid, you know, so like, their policies are different now. There's all these new tour companies. Yeah. Just like so much has changed that in the end it was about like 80% rewritten, you know.
Candy Valentino
Wow. Have you seen anyone? You know, we talk about travel and trips and I know everybody's in a different place, regardless of who's listening. Some people like to do the hotel travel. Emirates lay flat, all the things. And some people are like, you know what? This just isn't the year. You know, maybe their business took a hit because of the economy or costs are out of control. Have you seen anything that like just people find joy and fulfillment from smaller travel plans or local travel plans or things that people could do if they needed to stay but still wanted to create memories?
Matthew Kepnes
Yeah, I Mean, I think travel, we think of travel as something that's like I'm going to get out on a plane, I'm going to go someplace far away, you know, that we consider quote unquote, exotic. And that's going to be this big thing. But to me travel is just going places you've never been before and learning and experiencing something new. And you know, that could be, you know, a weekend away upstate, you know, or like to a national park that you've never been to or you know, a road trip somewhere. It doesn't have to be this big fancy, expensive thing. It could just be like, let's get in the car with the kids and drive somewhere. You know, travel, just seeing something new. I mean you could do a staycation and just travel around your city. You know, I have a friend who's moving out of New York, she's been here 10 years. So we have this whole bucket list of things she's never done before. And you know, it's most of the things tourists do here in the city. But when you live somewhere, you get caught up in going to work, seeing your friends, you know, the 9 to 5, running errands. Life admin. So like on a Saturday you're like oh, I'm gonna make big plans to go do this. And then you sleep late, you gotta go grocery shop and suddenly it's like three o' clock and you're like eh, next weekend. Next weekend never comes.
Candy Valentino
That is such a great point that I've never thought of. I used to always say when my dad would come see me because we don't live in the same state and he would travel me, I'd always be like dad, you see way more things than I ever have. And I've been here for five years or six years or whatever. Like he oh, did you guys go here? We just went there. Like so many things that I have never even seen living there because like you said, what did you call it? Life admin. I love that you're just being the life admin. So that's really cool. I love that I wanted to touch on that because some people who, who have to stay put this summer, they realize that it's all about just kind of like seeing other things that you haven't seen before. Let's go to the full other end of the spectrum. Spectrum. If you don' Are there any like lesser known but maybe ultra exclusive places for people that have had a banner year and want to have like an off the chain type of travel experience and maybe are Wealthy. Is there anything that comes to mind when you think of like an ultra exclusive place?
Matthew Kepnes
You know, if only the white loyalists really existed. Yeah, as long as you're not murdered while you're there.
Candy Valentino
Oh, my gosh. It was a little dark. I watched it. It was a little dark.
Matthew Kepnes
Every season's a little dark. You know, there's where there's money, there's always exclusivity, you know, I mean, there's, you know, any place can be done on the high end if you're willing to splash out for it, but it kind of depends on like how high end you want to go and sort of what you want. Like, you know, everyone goes to St. Bart's and they go to Ibiza and they go to Saint Tropez and you know, all the those bougie ritz places. But, you know, there's like amazing, like high end hotels and islands in Southeast Asia. You know, the Ritz Carlton has their own cruise ship around French Polynesia. I think it's in French Polynesia somewhere in the South Pacific, you know, so there are those kind of options. You can also go into, like other high end nature based cruises. The Amman is always a popular place. And so I think that, you know, luxury safaris. I think there's no place that like I'm gonna be like, you could go here and it's gonna be a secret place, right? It's sort of like, how much privacy do you really want? And then you kind of go from there, right? Because like everyone, if you're like, if you had a banner year, you know, you want to go spend some money, there's many places where you can go spend some money. I would say that you, I judge like what you want to do. So like, how private do you want to be? You know, like, if you want to go to Mykonos, right? Like, yeah, you can spend a ton of money in Mykonos. Why? It's like a party island, you know, if you want to go to Saint Barts, it's also kind of similar. It's like Saint Tropez. But if you're like, I want to go someplace bougie and exclusive but quiet, then I'd start thinking of like places in Southeast Asia. You know, there is like, what's it? There's like a really nice Mandarin Park Hyatt in southern Japan that's like, you know, Okinawa has like beautiful beaches and tropical islands and so you can stay at a nice Park Hyatt there. Like super luxurious, you know, but very isolated and quiet. You Know, and so you kind of, it's got kind of just think about like, what do you want out of a trip? That's for me, that's how I think. That's how I think about luxury.
Candy Valentino
Yeah, right. It's kind of like what do you want to experience? You want the party atmosphere, you want to chill and like. Yeah, regroup.
Matthew Kepnes
I mean, because you just want to sit in a res resort, you know, and just like get served pina coladas, you know, and have a really fancy hotel room. There is tons of places in the Caribbean that will gladly serve that up to you.
Candy Valentino
Yeah, you're right. That's. That's my world. I kind of know that because that's typically what I do. I need to broaden my travel and like go out and actually do things. When I actually travel, I normally am like, it's got to be a great resort because I normally don't leave the resort very much.
Matthew Kepnes
Well, I mean, there are lots of amazing high end resorts around Africa where you can get served pina coladas that will have a pool and you can watch animals.
Candy Valentino
That's cool. Oh, wow, that's fun. Where at in Africa?
Matthew Kepnes
There's a few high end ones. I always give names in Botswana.
Candy Valentino
Okay.
Matthew Kepnes
Botswana does high end luxury safari really well, as does like Kenya and Tanzania.
Candy Valentino
Very cool. Is there any like place on your bucket list that you haven't been yet that you want to go?
Matthew Kepnes
Mongolia.
Candy Valentino
Mongolia? Why? How so?
Matthew Kepnes
Just kind of looks fun and beautiful and, you know, different.
Candy Valentino
Wow, that's cool. Is that on, Is that on the list anytime soon?
Matthew Kepnes
Probably not anytime soon. This year I'm going to China, Oman and Antarctica as like new destinations. I've been to China before, but only Hong Kong and Shanghai, so I'm going like Beijing and around. So maybe next year. I know it's. It's a big world.
Candy Valentino
Okay, a couple rapid fire questions. You up for it?
Matthew Kepnes
Shoot.
Candy Valentino
Someone has 2,500 bucks that they can spend on vacation. What are some of the things that maybe you think of that if that were you? You can only keep the knowledge that you have right now. You haven't been to all of these other places, but you know about them all. Where would you go for 2,500 bucks?
Matthew Kepnes
Mexico, probably somewhere in Eastern Europe. Thinking about flight costs too. So, you know, assuming they're leaving from the States, Mexico, like two weeks. Is it just one person?
Candy Valentino
Yeah, we can say it's just one person.
Matthew Kepnes
Okay. Okay, one person. How long are they going for?
Candy Valentino
We'll say a week or two. Is Max okay?
Matthew Kepnes
Yeah, definitely Mexico. They have more than enough. Peru, Colombia, Belize, anywhere in, like, central South America would be good. Or Eastern Europe. Would cover it. Would cover it.
Candy Valentino
And then let's go to the other end. Let's say. Well, we'll go in the middle. So let's say 25,000. What opens up your world when you spend that?
Matthew Kepnes
There is no place in the world you can't go for two weeks for 25,000 bucks.
Candy Valentino
Wow. For one person.
Matthew Kepnes
For one person.
Candy Valentino
Wow. Where would you pick?
Matthew Kepnes
If I had 25,000 bucks to spend and I had to spend it.
Candy Valentino
Yeah.
Matthew Kepnes
For two weeks, I probably just splash out at, like, probably like a luxury safari.
Candy Valentino
Okay, so one of the places you just mentioned in Africa.
Matthew Kepnes
Yeah. Because, I mean, you think of like a thousand bucks a night, that's 14 grand just for the hotel, you know, maybe even more. I fly business class, you know, you know, it's. Whatever.
Candy Valentino
That's awesome. So one of the. I tell you, I did not know that there are places that you could splash out in Africa and watch animals at the same time. That sounds like heaven.
Matthew Kepnes
It is. It's pretty fun.
Candy Valentino
So you've done that?
Matthew Kepnes
Yes.
Candy Valentino
That's so cool.
Matthew Kepnes
That's not. Not like super luxury, but I was more middle of the road, but yes.
Candy Valentino
Yeah. Oh, my gosh. This is. I swear I could. We could do this twice as long and I would still have so many questions for you. But I know that our listeners are going to want to get more information about you, about the book. So tell us where we can find everything. Nomadic Match.
Matthew Kepnes
Yeah, I am nomadicmat on every social media platform, so just nomadicmat. The website is nomadicmat.com. the book, how to Travel the World on $75 a Day, is available wherever books are sold, whether you're at Amazon, your local independent bookstore, or Barnes and Noble. It's everywhere.
Candy Valentino
I love that. And it's out now so they can grab it.
Matthew Kepnes
It's out. Yep.
Candy Valentino
Awesome. We will link all of that in the show notes. I am going to follow you. I want to see where you go. I want to make sure that we check out some of these places that you mentioned. Thank you for coming on and sharing your knowledge with our audience. I greatly appreciate it.
Matthew Kepnes
You're welcome. Well, thanks for having me.
Candy Valentino
All right, guys, I hope you enjoyed this episode. Please make sure to go check out Matt's blog@nomadicmatt.com we're also going to link it in the show notes here. Follow him on social media. Nomadic. Matt, I know I am going to be doing this right now. Grab a copy of his New York Times bestselling book how to Travel the world on $75 a day. He is a resource worth bookmarking. Thanks again for tuning in and spending this time with me today. Give us Apple, Spotify or YouTube, wherever you are watching or listening. We'll see you next time. Hey guys, thanks for tuning in to this episode and if there was something that you loved or you had a specific takeaway, share it and tag me at Candy Valentino. And if you haven't already, grab a copy of my latest book, the 9% Edge Life Changing Secrets to create more revenue for your business and more freedom for yourself. You can pick it up anywhere books are sold, Amazon, Barnes and Nobles or your local independent store. And once you do, head over to 9% edge.com and claim $1500 in pre order bonuses, including a chance to join me on this very show. Thanks so much for tuning in and spending this time with me today guys. We'll see you next time.
The Candy Valentino Show: Summer Travel Tips for Any Budget with 'Nomadic Matt' Kepnes
Episode Release Date: May 29, 2025
Introduction
In this enlightening episode of The Candy Valentino Show, host Candy Valentino welcomes Matthew Kepnes, widely known as Nomadic Matt, a New York Times bestselling author and renowned travel expert. Together, they delve into strategies for traveling smarter on a budget, making the most of summer travel opportunities regardless of financial constraints.
Saving Money on Travel
Candy kicks off the conversation by addressing listeners' common concerns about summer travel budgeting. Matt emphasizes the importance of flexibility in both travel dates and destinations to secure the best deals.
"The most important thing you can really do is just be flexible. The difference of a day can mean the difference of hundreds of dollars on flights, hotels, tours."
— Matthew Kepnes [03:01]
He suggests shifting travel dates or opting for less popular destinations to take advantage of significant savings. For example, flying on a Tuesday instead of a Wednesday could save up to $300, or choosing a smaller island over a high-demand location like Mykonos can drastically reduce costs.
Matt's Travel Background
Matthew shares his inspiring journey of becoming a travel guru. At 25, he left his corporate job to embark on a year-long adventure, which later evolved into the successful blog Nomadic Matt. His mission: proving that meaningful travel doesn't require a hefty budget.
"I quit my job when I was 25 to go back half the world for a year... I just kept traveling."
— Matthew Kepnes [04:26]
Favorite Destinations and Budget-Friendly Countries
Having traveled to over 100 countries, Matt highlights some of his favorite and most affordable destinations:
"I've been to North of 100 countries... Thailand has a lot of good memories."
— Matthew Kepnes [05:59]
Maximizing Points and Miles
A significant portion of Matt's strategy revolves around leveraging credit card points and airline miles. He discusses how accumulating and strategically using these points can dramatically reduce travel costs.
"I use points, you know, especially if you're using like a multiplier... it's going to add up real quickly."
— Matthew Kepnes [11:00]
He recommends tools like Thrifty Traveler and Daily Drop to find optimal point deals and advises against hoarding points due to their potential devaluation.
Travel Credit Cards
When it comes to selecting the right travel credit card, Matt advises:
"There’s only the best card for you... think about what is your spending like and what's your airline loyalty."
— Matthew Kepnes [12:47]
Accommodation: Airbnb vs. Hotels
Candy and Matt explore the pros and cons of Airbnb and Hotels:
Airbnb/VRBO: Ideal for groups or families seeking larger spaces and potential cost savings.
"They are really good if you're traveling with a group or a family."
— Matthew Kepnes [17:57]
Hotels: Preferable for solo travelers due to convenience, better security, and amenities like concierge services.
"I tend to use a hotel as just more convenient."
— Matthew Kepnes [18:19]
Matt also points out the negative impact of short-term rentals on local housing markets, particularly in European cities with limited new construction.
Updated Travel Strategies in the New Edition of the Book
Matt discusses the substantial updates in the latest edition of his book, How to Travel the World on $75 a Day, noting that 80% of the content has been rewritten to reflect the evolving travel landscape.
"When I stripped everything away that was outdated, I wasn't left with much. So I had to rebuild everything."
— Matthew Kepnes [20:18]
Key updates include the rise of points and miles strategies, new travel insurance options post-COVID, and the disappearance of round-the-world tickets and certain travel discounts.
Embracing Local and Smaller Travels
Addressing listeners who may be constrained by budgets or other factors, Matt advocates for local travel and staycations as valuable alternatives to international trips.
"Traveling is just going places you've never been before and learning and experiencing something new."
— Matthew Kepnes [22:35]
He encourages exploring nearby national parks, embarking on road trips, or even discovering hidden gems within one's own city to create meaningful travel experiences without extensive expenses.
Luxury and Exclusive Travel Options
For listeners with a more substantial budget, Matt outlines options for luxury and exclusive travel experiences:
"If you have a banner year, you want to go spend some money, there's many places where you can go spend some money."
— Matthew Kepnes [25:00]
Bucket List and Destination Preferences
When asked about his bucket list, Matt expresses a keen interest in visiting Mongolia for its unique landscapes and cultural richness. Current plans include trips to China, Oman, and Antarctica, expanding his already extensive travel repertoire.
"Mongolia just kind of looks fun and beautiful and different."
— Matthew Kepnes [28:26]
Rapid Fire: Budget and Luxury Travel Tips
Candy Valentino poses quick scenarios to Matt for instant travel advice:
$2,500 Budget: Matt recommends destinations like Mexico, Eastern Europe, Peru, Colombia, and Belize, which offer rich experiences without exorbitant costs.
"Mexico, probably somewhere in Eastern Europe... Peru, Colombia, Belize."
— Matthew Kepnes [29:16]
$25,000 Luxury Budget: With this generous budget, Matt suggests indulging in ultra-exclusive experiences such as luxury safaris or high-end cruises in French Polynesia.
"There is no place in the world you can't go for two weeks for 25,000 bucks."
— Matthew Kepnes [30:00]
Conclusion and Resources
As the episode concludes, Matt provides resources for listeners to continue their travel planning:
Candy encourages listeners to follow Matt for ongoing travel inspiration and tips, while also promoting her own book, The 9% Edge: Life Changing Secrets to Create More Revenue for Your Business and More Freedom for Yourself.
"Grab a copy of his New York Times bestselling book How to Travel the world on $75 a day. He is a resource worth bookmarking."
— Candy Valentino [31:10]
Final Thoughts
This episode is a treasure trove for anyone aspiring to explore the world without overshooting their budget. Matt Kepnes' practical advice, grounded in years of travel experience, coupled with Candy Valentino's insightful questions, make this a must-listen for founders, investors, entrepreneurs, and travel enthusiasts alike. Whether you're looking to embark on a grand adventure or simply rediscover your local surroundings, this discussion offers valuable strategies to enhance your travel experiences.
Notable Quotes with Timestamps
Connect with Nomadic Matt
Follow Matt to stay updated on his latest travel tips, destinations, and adventures, ensuring you make the most of your travel budget this summer!