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Making Six Figures While Living Abroad (NO W2!) to FI Even Faster

2024/11/19

BiggerPockets Money Podcast

AI Deep Dive AI Chapters Transcript

People

Brooklin Nash

Mindy

作为 BiggerPockets 的社区经理和《BiggerPockets Money》播客的联合主播，Mindy Jensen 在房地产投资领域具有显著影响。

Topics

Brooklin Nash分享了他如何通过地理套利和建立自由撰稿业务来实现财务自由。他强调了在低成本生活地区生活和工作的重要性，以及如何利用“外国收入豁免”来减少税负。Brooklin Nash的父母财务状况不稳定，这促使他寻求财务稳定，并最终实现财务自由。Brooklin Nash认为，自由职业比传统工作风险更低，因为它提供了多种收入来源。Brooklin Nash和他的妻子在五年内还清了8万美元的学生贷款，然后专注于增加收入和投资。Brooklin Nash一家居住在危地马拉，那里的低生活成本和有利的税收政策帮助他们更快地实现了财务目标。Brooklin Nash将他的自由职业转变为一家成功的代理公司，这使他能够进一步增加收入并减少工作时间。Brooklin Nash的目标不是完全退休，而是减少工作时间，以便有更多时间陪伴家人和追求个人爱好。

Deep Dive

Chapters

Brooklin Nash discusses his journey from growing up in a financially unstable household to breaking the cycle through geo arbitrage and starting a profitable writing business.

Brooklin grew up in a household with risky financial practices like pyramid schemes and gambling.
He and his wife paid off $80,000 in student debt in five years.
They discovered financial independence early in their marriage and focused on increasing their income.

Shownotes Transcript

Would you** move abroad to reach FI faster**? That wasn’t Brooklin Nash’s original goal when he left the US and began freelancing from afar. But now, years later, he realizes how much of a leg up he has financially by** going all-in on “geo arbitrage.”** He’s saving a boatload in Guatemala, paying less to live the life he loves, and enjoying a** tiny tax bill**. Now in his mid-thirties, he’s already Coast FIRE) and works when and where he wants.

But Brooklin’s money story didn’t start so stable. Being raised in a home with “risky” finances, to say the least (pyramid schemes), gambling, etc.), left him scarred and constantly worrying about keeping enough money in the bank. Thankfully, he changed his ways and realized that making money, rather than just saving every cent, was crucial to becoming financially free).

He’s **paid off a significant sum in student loans **and did it all while making a very meager income. Then, he scaled from freelancing abroad to building an entire business, making a phenomenal income while living in a low-cost-of-living area. He’s living his dream life outside the US, making more money than Americans at home. Imagine what THAT can do for your FIRE number)!

In This Episode We Cover

Using “geo arbitrage” to save more, invest more, and **lower your cost of living **

An almost **unbelievable income tax exclusion **Americans abroad can access

How Brooklin** paid off $80,000 in student debt **(even on a lower income)

Turning your **freelancing **work into a full-blown (and VERY high-paying) business

Why the optimal FIRE) lifestyle may actually** include working **a few hours a day

And **So **Much More!

Links from the Show

Mindy on BiggerPockets)

Scott on BiggerPockets)

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