4 ms·
You need to do this while you are young. Once you have a family and a mortgage, it becomes much more difficult to hit the beach all day. I contracted for a ye
by jimrhods23 8y ago
You need to do this while you are young. Once you have a family and a mortgage, it becomes much more difficult to hit the beach all day.
I contracted for a year 7 years ago from Asia and I was able to travel the world during this time. It was definitely a great experience.
Now, I have been remote contracting for almost a decade and it's given me the ability to build one successful business and I'm now in the process of starting another.
Distractions and commute time really destroyed my ability to build a side-business...and working from an office was exhausting.
If you want to start a side-business, but aren't ready to take the risk (or just don't have the money), start by contracting remotely.
- toomuchtodo 8y ago> Once you have a family and a mortgage, it becomes much more difficult to hit the beach all day. These folks would disagree with you: https://www.bumfuzzle.com/us/ https://www.bumfuzzle.com/us/ Yes, you can't have a mortgage, and you do need to find a remote income source (in their case, based on the information available, it's options trading to scalp enough for monthly expenses). But it can be done if you're willing to trade some financial security for freedom. Addendum: List of blogs of families living full time on a sail boat: https://www.sailingtotem.com/blogging-families-afloat https://www.sailingtotem.com/blogging-families-afloat
- jimrhods23 8y agoRule..meet exception.
- toomuchtodo 8y agoYour life is what you make it. There’s always tradeoffs.
- jimrhods23 8y ago"But it can be done if you're willing to trade some financial security for freedom" Financial security IS freedom. If you have enough money, you can do pretty much whatever you want with your life. "it's options trading to scalp enough for monthly expenses" If you have anyone else to support besides yourself, and you are only making enough for monthly expenses intentionally, so you can enjoy your life in an exotic location, you are doing a complete disservice to those people. One bad month or emergency, and they will suffer...and options trading? You might as well be gambling at a casino.
- toomuchtodo 8y agoSo dont live in a high cost of living area. Don’t own two cars with car payments. Don’t have expensive phones or cellphone plans, or cable TV. Don’t buy a Starbucks coffeee everyday. Minimize your burn rate, save 30-40% of your income and invest it, generating a passive income stream that you supplement with income that is drastically less obviating the need for a full time job. I know it can be done because I know more people than I can count on my fingers who have done it.