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How much money would you need every month to be able to do what you really want to do with your time?
I have a friend who makes 4K USD every month working on his laptop from Thailand. Another friend of mine is in finance in NYC and making 8K USD. At the end of the day, after taxes and cost of living, they are saving the same exact amount of money.
The critical difference is that my friend in Thailand is completely in control of where he can work and when he wants to do it. My friend in New York has aged considerably in the last three years since he began. He went from healthy and lean to a balding, chain smoking, and obese alcoholic.
In addition, my entrepreneur friend’s income prospects are looking fantastic for the next two quarters. He’s booked long term projects that will actually have him matching my banker friend in terms of income in about 6-8 months.
I’m currently working on my own means of becoming location independent. I’m not afraid of long work hours, I’ve been through that before. Nothing pleases me more, actually, than becoming lost in an independent project and working on it for hours on end.
My greatest fear is wasting my time doing meaningless, tedious, and ultimately worthless work for someone else.
What would you do if your income were no longer dependent on you hauling your ass to an office 12 hours a day, 5-6 days a week?
I’d get into volunteer work for environmental projects, especially related to preservation of marine coastal areas.
I’d get back into Muay Thai and Hip Hop and Latin dance. I’d learn more about documentary making, which has always been a passion of mine. Ideally I’d like to find a way to merge these interests together.
Visions of doing these more enjoyable and meaningful things are what keeps me in on weekends, working on my independent projects, instead of getting obliterated drunk with the rest of Seoul to escape their miserable existences.
I actually overheard a conversation by a young Korean mother (I’m in Seoul) who was telling her mother that she wanted to move from Hyundai Building # 422 to Samsung Residence #823 because people there were richer and her kids could play with the richer kids. Also, by living in that building people at work would respect her more.
Are you fucking serious?
What are you working towards? Is it really worth it? What would you do if your income didn’t necessarily demand hours out of your day?
Income is important. We all need cash coming in. Are you counting the amount that is going out as well? Is the banking analyst throwing half his salary away to taxes and weekend binge drinking really richer than the freelance entrepreneur who, at the end of the day, has the same amount of money saved?
As I work in Seoul and see the same haggard and miserable faces trudging to their office jobs every morning, I realize that nobody will give us our time back – we really don’t know how precious it is.
Once you can put an actual price on the days slipping away that you’ll never get back, can the investment bank really say he is richer than the freelance entrepreneur?
How much money would you need every month to be able to do what you really want to do with your time?
I have a friend who makes 4K USD every month working on his laptop from Thailand. Another friend of mine is in finance in NYC and making 8K USD. At the end of the day, after taxes and cost of living, they are saving the same exact amount of money.
The critical difference is that my friend in Thailand is completely in control of where he can work and when he wants to do it. My friend in New York has aged considerably in the last three years since he began. He went from healthy and lean to a balding, chain smoking, and obese alcoholic.
In addition, my entrepreneur friend’s income prospects are looking fantastic for the next two quarters. He’s booked long term projects that will actually have him matching my banker friend in terms of income in about 6-8 months.
I’m currently working on my own means of becoming location independent. I’m not afraid of long work hours, I’ve been through that before. Nothing pleases me more, actually, than becoming lost in an independent project and working on it for hours on end.
My greatest fear is wasting my time doing meaningless, tedious, and ultimately worthless work for someone else.
What would you do if your income were no longer dependent on you hauling your ass to an office 12 hours a day, 5-6 days a week?
I’d get into volunteer work for environmental projects, especially related to preservation of marine coastal areas.
I’d get back into Muay Thai and Hip Hop and Latin dance. I’d learn more about documentary making, which has always been a passion of mine. Ideally I’d like to find a way to merge these interests together.
Visions of doing these more enjoyable and meaningful things are what keeps me in on weekends, working on my independent projects, instead of getting obliterated drunk with the rest of Seoul to escape their miserable existences.
I actually overheard a conversation by a young Korean mother (I’m in Seoul) who was telling her mother that she wanted to move from Hyundai Building # 422 to Samsung Residence #823 because people there were richer and her kids could play with the richer kids. Also, by living in that building people at work would respect her more.
Are you fucking serious?
What are you working towards? Is it really worth it? What would you do if your income didn’t necessarily demand hours out of your day?
Income is important. We all need cash coming in. Are you counting the amount that is going out as well? Is the banking analyst throwing half his salary away to taxes and weekend binge drinking really richer than the freelance entrepreneur who, at the end of the day, has the same amount of money saved?
As I work in Seoul and see the same haggard and miserable faces trudging to their office jobs every morning, I realize that nobody will give us our time back – we really don’t know how precious it is.
Once you can put an actual price on the days slipping away that you’ll never get back, can the investment bank really say he is richer than the freelance entrepreneur?