Hi, I've been traveling for 15 yearsish and it is an absolutely dynamite financial decision in terms of saving money and accruing capital. It costs about $500 usd per month (rent, utilities, wi-fi/data, groceries) to live in most countries.
If you're a fluent English speaker, you have a guaranteed job with nearly 2 billion English students looking to pay you $10 to $100 per hour for a skill you've been practicing your whole life.
If you want any info/details/context, ask here, the Travel community, or message me.