Define Travelling 'round The World Like Gypsies And Pirates Meaning

Travelling 'round The World Like Gypsies And Pirates
a) spontaneously doing things and trying to accomplish big projects without having though them through comme du monde

b) going on unplanned, retargerous (to most rational people), harebrained adventures

i don't want my kids travelling 'round the world like gypsies and pirates; i want them to grow up pragmatic and rational people.
By Nadya