While we’re having a GREAT time in Asia, things aren’t going to plan on the income/cashflow front.
We’re not FI yet, and at the moment we also have ZERO income.
This is part by design, and part by circumstance.
The original plan was that I would support us with my freelancing, and that we would stay in Asia floating from country to country.
Oh how I was so naive!!
In reality, I figured out that it wasn’t so easy balancing work and epic travels, and even that we didn’t want to travel so much!
We like finding a nice place to train, and then staying there.
I also realized I kind of hated what I was doing work-wise, and that every time I had a job, I would dread it so much.
So Martin and I had a discussion about it, and basically I said I don’t want to freelance anymore, and that I’m sorry for uprooting our lives and promising so much when I couldn’t or didn’t want to deliver.
It was just a short discussion because Martin doesn’t mind.
How great is my husband, eh?!
We’re not exactly living the cheapest we could, there is much room for improvement.
Like we could actually be retired here in Thailand, if we got our expenses low enough to use the 4% rule.
But we don’t do it for a few reasons.
One is comfort and learning. As relative newbs here, we didn’t want to constantly focus on money. We also know it takes time to figure things out in new places, so as we go along, we’ll get more and more efficient with spending and understanding where the good value is. But to pressure ourselves at the very beginning to live extremely lean (our 4% only gives room for lean living!), didn’t really feel necessary given that cost of living is quite low* here already.
Second is that we changed our plans and ideas! Instead of floating around indefinitely like we had assumed, we decided to limit it to a year. After a year, we’ll start to focus on earning money again.
Psychologically, this has been great for us!
My next entry will be about our plans and next steps.
*while cost of living is low in Thailand for people who come from ‘rich’ countries, it’s actually not super affordable for the working class Thais who earn average incomes that are less than what we pay for rent. Many people struggle here financially, and witnessing this makes it so obvious that the world economy is systematically oppressive. Particularly to people in developing countries who have less of a voice in the international scene, are less respected because they are poor, are susceptible to human trafficking and slavery (it exists!), and cannot leave the country as easily since their currency is worth almost nothing abroad. Understanding this and looking this in the face, is important as a first step to trying to make positive changes.