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You don't need any stuff if you detach yourself from any location. I spent <10k$/y for a quite a while. My approach was to travel, mainly by hitchhiking and sta
by guaka 10y ago
You don't need any stuff if you detach yourself from any location. I spent <10k$/y for a quite a while. My approach was to travel, mainly by hitchhiking and staying with locals through couchsurfing. If you think "freeloading"... I've worked for NGOs on various continents, including couchsurfing (when it was still a non-profit) and in the meantime I built up Hitchwiki that is now the most visited resource about hitchhiking.
I think I spent around 500€ per month like this on average. But I have some friends with a more radical approach, which inspired me translate a Dutch website about living with money into English: moneyless.org.
As a side effect, I'm making some money with this specific site (but not with Hitchwiki or other community oriented projects). Together with a few more websites this is making me enough money from adsense and affiliate marketing to do whatever I want without caring too much about spending.
These days that is building up my fintech startup B2B Pay (Techstars Barclays TLV 2016) and spending time with my family.
- erikb 10y agoThe thing I don't like about all these spend-no-money approaches are exactly these things like not having an apartment. That's not how most people can live. Even if I spend 2 years travelling around I wouldn't feel well without having an actual home I can go back to. So these kinds of methods can only apply to small parts of the general population. Trying to achieve that state for normal joe me is just as hard as getting rich.
- chaostheory 10y agoYou should check out Mr Money Moustache's approach with frugality then. He was able to pay off his house and 'retire' in his 30s. He was also able to make it work with a kid.