Post what you did this week to become location independent/work remote soon
03-24-2019, 04:18 PM
What do you do in the oil industry? How did you get a job without experience?
Quote: (01-23-2019 09:42 AM)fmman Wrote:
I don't know if any of you have considered investing in real estate or property as we English call it. I bought a cheap house in Ireland with no mortgage and I rent it out. It makes me about €400 a month after taxes and expenses plus good capital gain. That is not enough to live off as Ireland is a very expensive place to live especially groceries. I'm fortunate enough to have worked for 25 years in electronics and did lots of overtime and lived a very frugal lifestyle so I have about £300k saved up. I forewent driving nice cars and having expensive TVs nights out so it wasn't a fab time all these years, but I'd like to now enjoy it before I can too much older that I can't pull any more. I'm a young looking 44 year old. I also bought an old country house to do up so I have a place to stay though its very rough you wouldn't bring a bird there.. With my savings I could buy a few more properties to rent out but am nervous about blowing it all, in one asset class. I had to leave my old job in England so I am unemployed and not doing very well so far this year apart from the above investments. Not claiming benefits/welfare either, I am lucky I have savings. There isn't any work in my field, with web design like above, I wouldn't know where to start. If you were going to live in Columbia can't you buy a load of real estate ( its cheap?) and live off the income that way?
Quote: (03-17-2019 07:01 PM)ArloDash Wrote:
I'm a freelance writer, mainly. Have a few solid clients that keep work very steady.
Been abroad for two years. The pay is enough to sustain a lower middle class existence in the USA. In most developing countries, it's like being rich and I can save/invest at least $20,000 a year while eating out, traveling, and taking Uber places. That, and you pay almost nothing in income tax (just 15% self employment), further sweetening the deal.
Being lower middle class in Eastern Europe can give you the life that being upper middle class in most of the USA can give you.
I probably work between 25-35 hours a week.
My chief concern is that even though I'm saving a lot of money straight out of school (and no debts), it's tough to see how I can translate this into a higher paying role as life gets more serious further down the line.
Quote: (04-30-2019 07:04 AM)ChicagoFire Wrote:
You're too comfortable with your lifestyle. You probably won't make the jump.