Sitting on white sand beaches, eating exotic curries, sipping a delicious cocktail, surfing on perfect waves, exploring picturesque mountaintops – all of these things are available to you. The best part is that these places do not have to be a once in a lifetime dream vacation either, once you have achieved a very moderate level of savings, living in your dream vacation home can be a daily reality.
In almost half of the world, living on under $30000 US ($37000 CAN) for a couple per year will give you a very decent lifestyle. Will this be drinking champagne and eating caviar every night? No, it most definitely will not. But will it be cutting coupons and eating cat-food to survive? It won’t be that either (not even close!)! In fact, many people are surprised at what level of comfort that $30000 US brings, and that it is on the higher end of the spectrum when it comes to living overseas.
In the world of personal finance, you’ve got to start somewhere. I think we all hit a point where we say to ourselves, “Enough is enough! I am exhausted with trying to keep my head above water with all these bills, credit cards, loans, etc. ….. How can I get out of this mess???”
It is simple really. But simple does not mean easy.
SAVINGS= INCOME- EXPENSES. That’s it. The end. Period. Pretty simple isn’t it? And once savings is achieved, that money can be used in ways that will allow it to compound and grow, which then leads to Financial Independence, Early Retirement (if that is what you want to do), travel, and Freedom!!! Then why is it SO difficult to do?
Welcome to MarcoPoloMoney. On this blog, we will explore all different aspects of Financial Independence (“FI”) , living internationally, non-geographic specific income making, passive income, anything that comes our way really!
But first a little about me. I grew up primarily in Winnipeg, Manitoba, Canada. I also have lived in Vancouver, Fort McMurray, Toronto, and Montreal. Although I had lived in many of the large cities in Canada, it wasn’t until I finished my Bachelor of Arts in Asian Studies that my eyes were really opened. I was lucky enough to apply for and get a scholarship to study Chinese in Taiwan – this was when my mind was really opened about the possibilities of living overseas and loving it.