Freedom is priceless. Millions of immigrants knew this in the 1800’s when they flooded into America, escaping persecution and seeking opportunity. Now it’s your turn. The USA is feeling a lot like late-stage Soviet Russia and you’d better get out while you can. Today’s article shows you how to break free by moving abroad, even if you are on a shoestring budget.
The United States Will Be Fine If You’re Abroad, But A Terrible Place For Citizens To Live In
A lot of doomsayers will scream about the dollar becoming worthless and the USA collapsing into a pile of dust. The United States as an international superpower and global leader will be fine. America is number one for huge companies that dominate world trade. Don’t believe me? Name Germany’s version of Apple, or South Korea’s Coca-Cola equivalent. You can’t.
As such, the dollar will be fine on an international level, since every other country will keep buying America’s stuff.
At home, it will be a different story. Inflation, taxes, price gouging, etc will all reduce your buying power. A lot of 9-to-5 Americans will end up in the poorhouse as a result. But, the dollar will still go farther abroad because other countries want it. This means you can use geoarbitrage to earn money in America while spending it in Thailand, Cambodia, Vietnam, or the Philippines.
In fact, the pandemic has really crippled international trade with a lot of smaller countries, and locals are practically begging for US currency.
Here’s a real example I just found in Phnom Penh, Cambodia:
And here’s another example from Da Lat, Vietnam:
You can rent an apartment right now for less than $9 per day! That’s wild, but it shows you how easy it is to live abroad even if you’re on a shoestring budget.
There’s no excuse for sitting around the USA as it collapses. These are dirt-cheap prices that anyone with an ounce of ambition can easily handle. You could teach English online or fill out Swagbucks surveys and still cover your bills.
Of course, you probably want to do something bigger and more profitable so that you aren’t stuck working all the time.
How To Stick To A Budget And Have Fun When You’re Strapped For Cash
I moved to Vietnam when I was 21. At the time, I was starting a business and didn’t always have tons of extra money. But this was never a big deal and I still went on plenty of adventures, as well as scoring tons of dates.
Most of these countries are pretty cheap, so you can still live a fun life without breaking the bank.
Going to another city often costs less than $10 if you take the bus, or less than $70 if you fly there. Likewise, there are plenty of cheap hotel rooms if you want to travel, and many smaller restaurants are super inexpensive. Vietnam has some of the best coffee in the world, yet the average café charges maybe $0.50 – $1 for coffee.
Likewise, dating doesn’t require you to be Mr. Moneybags. Be in decent shape and you can easily meet women on apps like Tinder or VietnamCupid.
(Going For A Walk: The Perfect First Date)
Grabbing coffee or gong for a walk are always a good first date choices. And you can invite girls over for a home dinner date the next time you want to hang out with them.
Scaling Up From A Shoestring Budget
Living on a tight budget is fine, at first. But you don’t want to be the guy who moves to a beautiful warm weather climate and can’t enjoy it because he’s broke. Because of this, you need to scale up. That doesn’t mean spending hundreds of hours a week at work, or giving up any of your newfound freedom. Instead, you just have to make a few smart decisions that continually benefit you long-term.
If I were starting over, I’d focus on building up a simple business like freelance writing and then using my profits like this:
- 40% of your profits to learning new skills – Read business books or learn new skills (like affiliate marketing)
- 40% of your profits to long-term passive income investments – Stocks, crypto, real estate.
- 20% of your profits towards having fun – Go on dates, buy new clothes, enjoy the nightlife.
If you do this, you can have a fantastic time and enjoy more freedom than everyone who is stuck in the West. Plus, you also constantly grow your money, social circle, and dating pool.
In other words, life just keeps on getting better and better.