yep, been there, done that and loved it. We travelled through Europe and Turkey, Israel, Jordan and Syria. (and countries in between)....
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It's a MUST before you decide to settle down.
Start to save your money now. Did you finish college yet?
If not, maybe you can take a year off and travel. I did it on summer vacation and one semester was study abroad!
But also be aware that taking your Yorkies along will be difficult. This was definitely before my Yorkie days.