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Ben's avatar

I was just speaking to a colleague at work today who said that they reverted to a flip phone 2 years ago and haven’t looked back. This coming out at the same time is definitely a sign for me to reduce my screen time on socials and learn more about geo arbitrage.

Any tips for a 19 year old on how they could start this lifestyle once I’ve graduated uni in 2024? Thanks and I enjoy these posts :)

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Steve Roberts's avatar

Hey Ben, like Brendo (and I hope he doesn’t mind me jumping in on here) I also pulled the pin on my home country, my biggest and I think for you at 19, is to try and secure an income that doesn’t require much input from yourself, personally I have a rental property that provides me a fairly steady monthly income, but from time to time it can be vacant (=no income) or they can be a maintenance bill or a body corporate fee that can severely reduce the monthly income, I dabble around in crypto and NFT’s to generate a small secondary income and also have found a local bank and a micro finance company that generates quite hefty interest payments on money I deposit with them, can you believe 13% interest!! (As a 3rd income) Compared with Australian banks that are barely paying 0.25%... I also teach some English online, @22 US $ an hour, 2 hours of that pays my monthly vegetable bills here! I also run a motorcycle tour expeditions, although that’s still suffering after Covid and the numbers are not that good just yet, Other friends of mine run drop shipping online stores and they do very well for just a few hours work each day, there are many options, so that’s my biggest tip, try and secure a few side gigs to keep the money ticking in with minimal time investment and you are well in your way to enjoying world travel, cheers and all the best.

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