e.g., broader perspectives on life, empathy, ability to adapt…etc
If you could go back in time, would you chosen to live in multiple countries and/or cities vs staying in one place your whole life?
e.g., broader perspectives on life, empathy, ability to adapt…etc
If you could go back in time, would you chosen to live in multiple countries and/or cities vs staying in one place your whole life?
My brother lives a good life in a small town. Has a wife and kids, a low-cost mortgage that he can afford very easily given how much money he makes. But even though he makes significantly more money than me, I would not trade places with him. When we talk and I mention he should travel, he says it would be fun but he can’t because he needs to take time off work, schedule things with his family, etc… He also feels it would be more expensive than it actually is.
I do not feel that when it comes to travel because I work remotely, do not have a family, and if I go somewhere else, I can just leave my Airbnb for another Airbnb. My “rent” is monthly or bi-weekly. I’m not locked into a contract that forces me to pay for a specific location. This grants me an amount of psychological freedom that’s hard for people who don’t live this life to even imagine without thinking they need to be rich to do it.
I’m able to stay in a mansion, penthouse, or just a nice condo with a view in South America, SEA, etc… Eat at fancy restaurants, have a maid, and driver for a MUCH lower cost than in the states. My lifestyle is dramatically better because of this.
The way I think about money has totally changed. When I lived in San Francisco, I was make about $5,000/month. I felt like it was peanuts. Barely enough to get by. I dreamed of doubling it and I could feel comfortable. Now I know that $5,000/month gets me a radically greater lifestyle in various parts of the world and I would even be able to save money.
With that said, the way I think about money has changed completely. I’m not as obsessed just “making more” as much as I’m thinking how can I make more remotely and where can I go to maximize my lifestyle with what I have now.
It’s even more important when you’re older. I live in Portugal own my seaside T3 condo outright. condo fees 170.0 quarterly. Full time housekeeper/ Cook. Fresh Sea bass, Cod. Have not cooked, cleaned done laundry in years. Average 5k spend maybe a little more with a car service or home repair. In the Bay Area I made 140k and felt barely middle class. Too tired to cook after work spent all my money on sushi and sake. My quality of life improved dramatically. No car jacking, car thefts, or swarms of shoplifters where I live. The U.S. no longer thinks there should be consequences for criminal behavior which is only a recipe for norm less ness and anarchy.
Do you think you’ll keep that lifestyle till your 60s? Or is it just a phase till mid life crisis hits in your 40-45?
Considering that I’m only 28, I can’t realistically make assumptions about what I’ll be thinking 20-40 years from now.
Right now my goal is complete location and financial freedom. The fact that I don’t make $1M/month prevents me from having that without lowering my lifestyle ambitions. Which I will not do under any circumstances.
what do you do for work?
Marketing
Gotcha. But I assume the US is your tax residence country (183 days spent a year), right?