As JC would say, theres always an option.
JC being from Retire cheap Asia, now Escape to Thailand.
He was famous for his living on a 300 to 500 USD budget series which he got a lot of hell fot
What I see more and more North Americans doing is living in their cars, vans and sometimes trucks. You can see there videos on YouTube on how they do it, how much they spend and how they earn income. Some even save for their (retirement abroad) and give process reports.
I see others living off grid and doing it on there properties or wild camping, I e en see people doing it in the UK.
Usually they live within there budget have no rent or morgage if its there property, and then follow local regulations or not and build out a homestead or small farm, I see them doing it in AZ and im sure in other States.
Some of these guys and gals run online business selling there products like tea or whatever they produce and usually its enough to live on and stress free.
If there business or YouTube channel takes off they save a lot and have more opportunities to do what they want onshore or off and dont have the stress of working and complying with all the rules and regulations of car ownership, healthcare costs that are rising ect.
Others like me, are living overseas in cheap locations. In the past I lived in Guatemala, Xela is where I lived. Ive also spent a lot of time in San Cristobal Delas Casas in Mexico.
In those places I lived for between 500 to 1,000 USD a month. The costs their are cheap rents arent bad and in all prices ranges, food at the stores or markets are cheap, for fruits and vegetables and nuts fish ect
My favorite place to live is Philippines, and probably Cambodia, with vacations to Thailand or Malaysia.
Rents are as low as 50 bucks although i choice the 250 a month places in Cambodia. In Philippines ive paid 80 to 120 from the province to outskirts of Manila, and despite what you hear prices havent changed much in USD terms.
There was German kid living in the Philippines for 300 a month, I think he turned his channel off but I loved watching his videos. He was disciplined and spend money on three meals a day, and rent and the rest of the time with his girlfriend having adventures.
Not hanging out in bars drinking and supporting the families of the women he met.
What I like about the lifestyle is now theres so many ways to earn i come from Patrion or commission sales jobs to just selling covered calls or puts.
I prefer writing and consulting work and collecting monthly dividends and similiar with so called junk bond funds and ETFs with limited covered call overlays and last but not least consulting calls.
Now with all the payments apps its easy to transfer money pay bills or collect fees from clients.
Once you leave the US a lot of your problems go away with being sued, same with taxes, Saipan a protectorate of the US i come tax is half
A simple offshore bank account cant be easily sued or sanctionted by creditors, obviously these accounts need to be reported to uncle sam and taxes paid if owed.
Similiar with owning gold coins overseas hard for creditors to attach. Nowdays theres many people in the US who can sue you and attach wages bank accounts ect.
All these things make living in North America difficult and expensive and more and more people are just leaving, look at the UK .
People of all ages income and assets are leaving the UKs high cost of living and rising tax and regulations and crime which is sad to see and hear about
Now these things are happening in Canada and the US. Luckily for us Mexico is easy to transition to same for the Philippines.
Anyways thanks for reading and good luck.

Comments
Post a Comment