Latest / bit of a Rambler / 049 Name Your Price
Transcript
- 0:00Speaker 1: Hello. My name is Kai, and I am a bit
- 0:03Speaker 1: of a rambler. I like to travel, learn and tell stories. Today,
- 0:09Speaker 1: I want to talk about just the cost of traveling itself,
- 0:14Speaker 1: the brass tax numbers, and I'm going to compare a
- 0:17Speaker 1: lot of these costs to the cost of living in
- 0:20Speaker 1: the US, because that's what I'm most familiar with, and
- 0:23Speaker 1: I'm going to be converting all of the costs that
- 0:26Speaker 1: I talk about in every country back to US dollars,
- 0:29Speaker 1: so you can easily just use one metric and see
- 0:32Speaker 1: how much cheaper it is to live abroad than to
- 0:35Speaker 1: live in your home country. Just a one to one
- 0:38Speaker 1: comparison of what you're paying for an apartment in the
- 0:41Speaker 1: US versus what you would pay in Vietnam or Portugal
- 0:46Speaker 1: or Germany or Australia or anywhere else is a very
- 0:51Speaker 1: easy way to see how much cheaper it is to travel.
- 0:54Speaker 1: This becomes even more apparent if you're a long term traveler,
- 0:58Speaker 1: because then you don't have health insurance. It's unless you
- 1:00Speaker 1: want to buy it, and it's like one hundred and
- 1:02Speaker 1: fifty dollars a year. You don't have any car or
- 1:04Speaker 1: vehicle insurance, but you can still get around because public
- 1:07Speaker 1: transportation works in all other countries. You're not paying for
- 1:10Speaker 1: any utilities because you're renting. You're not paying any earned
- 1:14Speaker 1: income taxes if you're gone for more than three hundred
- 1:17Speaker 1: and thirty days out of the year. If you're a
- 1:18Speaker 1: US citizen, you're not paying any home repairs. If the
- 1:22Speaker 1: shower breaks or the table breaks, I don't know. If
- 1:25Speaker 1: whatever breaks, they're gonna replace it for you. You're not
- 1:29Speaker 1: paying fuel prices. There's no tipping abroad, there's no automatic ratuities,
- 1:34Speaker 1: there's no sales taxes in supermarkets. There's so many everyday
- 1:41Speaker 1: costs of living that you probably don't even notice anymore
- 1:45Speaker 1: that will immediately disappear as soon as you start traveling,
- 1:48Speaker 1: and those savings will just keep adding up the longer
- 1:52Speaker 1: you are abroad. I want people to be aware that
- 1:55Speaker 1: if they really want to travel, have always wanted to travel,
- 1:58Speaker 1: or are thinking about travel, but their main concern is cost,
- 2:03Speaker 1: it should not be objectively just from a cost perspective,
- 2:08Speaker 1: that should be the least of your worries concerning travel.
- 2:11Speaker 1: And since these costs are going to be dunking on
- 2:13Speaker 1: the US and making it look bad for thirty minutes
- 2:16Speaker 1: or whatever, this is I want to mention up top
- 2:18Speaker 1: a couple of things I like about the US. I
- 2:20Speaker 1: love the creativity in the US. I love the environment,
- 2:25Speaker 1: the animals. There's a lot of great stuff in the US.
- 2:29Speaker 1: Shout out to the National Parks annual pass. That's one
- 2:32Speaker 1: of the most worth it things I have ever bought.
- 2:35Speaker 1: Visit all the National parks for seventy five dollars a
- 2:38Speaker 1: year or something like that, it was. That's an amazing
- 2:42Speaker 1: value for life changing experiences seeing some of the most
- 2:47Speaker 1: beautiful parks I have ever visited. But living in the
- 2:51Speaker 1: US month to month is also excessively, often prohibitively costly,
- 2:58Speaker 1: literally ten times more expensive than living in a similar
- 3:01Speaker 1: condition in many other countries. So this episode is specifically
- 3:08Speaker 1: about But isn't traveling expensive? And if you're from the
- 3:12Speaker 1: US or a modern developed Western European country, the answer
- 3:18Speaker 1: is no, it is not expensive relative to the cost
- 3:23Speaker 1: of living in your routely called developed country right now.
- 3:27Speaker 1: Even if you move to Western Europe from the US,
- 3:30Speaker 1: as I'll mention later, the costs are going to be
- 3:33Speaker 1: half as much. Generally, and if you move into Southeast
- 3:37Speaker 1: Asia or East Asia, except for housing in Japan, the
- 3:41Speaker 1: prices can be ten times cheaper than what you're paying now.
- 3:45Speaker 1: So is traveling expensive, especially long term travel? No, it isn't,
- 3:50Speaker 1: And usually you will save money by traveling long term.
- 3:55Speaker 1: The longer you travel, the more you will save car
- 3:58Speaker 1: payments or anything like that. Traveling is nothing compared to
- 4:02Speaker 1: those costs. The amount you're paying for just your utilities
- 4:07Speaker 1: right now in the US pay for a whole private
- 4:10Speaker 1: apartment including utilities in dozens of countries. I'll talk about
- 4:15Speaker 1: frugal travel tips and all that other stuff and other videos,
- 4:18Speaker 1: and I'm sure they'll come up a lot, because one
- 4:20Speaker 1: of my favorite parts about traveling is how much money
- 4:23Speaker 1: I save. I've never ended up in a deficit after traveling.
- 4:28Speaker 1: I've always come back with a net profit or I've
- 4:31Speaker 1: always yeah, I've never spent money overall traveling. I've been
- 4:37Speaker 1: perpetually saving money now for almost fifteen years. My travel
- 4:43Speaker 1: experience so far has been a wild net gain. Part
- 4:47Speaker 1: of that is due to the FIE, part of that's
- 4:50Speaker 1: due to just the nature of how I like to live.
- 4:54Speaker 1: But I know people of all walks of life, families,
- 4:58Speaker 1: disabled people, like everybody, and whatever their activities are, they
- 5:03Speaker 1: always end up spending less than they think they will.
- 5:09Speaker 1: But if you are trying to be frugal at all,
- 5:12Speaker 1: it's very easy to live for less than a one
- 5:15Speaker 1: thousand dollars a month and have your own place and
- 5:18Speaker 1: all the food you need for under five hundred dollars
- 5:21Speaker 1: a month. That is not a difficult to ask for
- 5:23Speaker 1: many countries. I'm talking about most of Southeast Asia, most
- 5:27Speaker 1: of East Asia, a lot of Western Europe. Like in Portugal,
- 5:32Speaker 1: you can get a month in a hostel for three
- 5:34Speaker 1: hundred bucks. That one's you know, that's a hostel. But
- 5:38Speaker 1: still you can go stay in Lisbon for three hundred
- 5:41Speaker 1: dollars rent a month, and then all the facilities are
- 5:45Speaker 1: very nice there, of course, and then you are going
- 5:48Speaker 1: to meet people, and if you want your private room,
- 5:50Speaker 1: then you just you know what. I was gonna make
- 5:53Speaker 1: up a number, but said, I'm going to check right
- 5:55Speaker 1: now what a price is for your own private room
- 5:58Speaker 1: in Lisbon, Portugal, because that's the city. I said. So
- 6:02Speaker 1: in April twenty twenty five, the prices look a little
- 6:05Speaker 1: more expensive, but similar to what I saw when I
- 6:08Speaker 1: visited eight years ago. Okay, looks like right now I
- 6:11Speaker 1: can see five rooms from four hundred and ninety to
- 6:15Speaker 1: five hundred twenty four for a private room in Lisbon, Portugal.
- 6:20Speaker 1: You're probably paying much more than that for your private
- 6:23Speaker 1: room wherever you are in the States. And that's Lisbon.
- 6:27Speaker 1: It's a very popular tourist destination in Europe, and it's
- 6:31Speaker 1: the most popular tourist destination in all of Portugal. If
- 6:34Speaker 1: you go to another city, it'll be much cheaper than that.
- 6:36Speaker 1: In fact, let's check, yep. So if you take a
- 6:39Speaker 1: train it costs twenty bucks north one hundred miles or something,
- 6:43Speaker 1: you know, for a cup for an hour or whatever,
- 6:46Speaker 1: then you can pay three hundred and twenty nine up
- 6:49Speaker 1: to looks like four hundred ninety, but instead of starting
- 6:55Speaker 1: at four ninety, it starts at one hundred and seventy
- 6:57Speaker 1: dollars cheaper, thirty percent cheaper in a Tugia de Belea
- 7:01Speaker 1: and that's yeah, So a one hour train ride and
- 7:05Speaker 1: you're you just cut down to three hundred and thirty
- 7:08Speaker 1: dollars a month, three hundred and ninety per month. I see,
- 7:12Speaker 1: let's see, Oh that's nice private house for five hundred. Yeah,
- 7:17Speaker 1: so five hundred dollars a month in the city centers
- 7:21Speaker 1: with zero I haven't you know dived into this. I
- 7:25Speaker 1: just want to show that even without any planning, if
- 7:27Speaker 1: you want to Lisbon tomorrow, your rent would be less
- 7:30Speaker 1: than five hundred dollars, you could and down to three
- 7:33Speaker 1: point thirty like we just found for a private room
- 7:36Speaker 1: and bathroom in Lisbon, Portugal. Now, if you're not from
- 7:40Speaker 1: the USA, then this isn't going to be strange to you.
- 7:44Speaker 1: But I'm going through this in detail because it is
- 7:48Speaker 1: very strange for Americans to hear this two way one.
- 7:51Speaker 1: Every American I talked to asks, how can you possibly
- 7:54Speaker 1: travel for so long? Traveling is so expensive? Is? That's
- 8:00Speaker 1: what I hear from everyone who has not traveled yet,
- 8:03Speaker 1: And that's okay. I thought the exact same thing before
- 8:06Speaker 1: I traveled. That's part of why I wanted to start
- 8:09Speaker 1: the podcast, not just to share stories, but to share
- 8:13Speaker 1: useful knowledge that might allay anxieties or worries about traveling
- 8:18Speaker 1: in general, especially these common ones like travel is so costly,
- 8:22Speaker 1: I can't afford it. I want to let people know
- 8:25Speaker 1: that if they're paying several hundred dollars in rent, plus
- 8:29Speaker 1: car payments, plus insurance, their cell phone bill, just all
- 8:33Speaker 1: the regular costs, then they can travel for cheaper and
- 8:39Speaker 1: probably save money while abroad. And I just tell them, well,
- 8:43Speaker 1: if I'm staying in the States, I'm paying sixteen hundred
- 8:46Speaker 1: dollars for a private room, minimum eight hundred dollars for
- 8:50Speaker 1: like a shared room in any decent city, at least
- 8:53Speaker 1: in a private way that I like to live. Eight
- 8:56Speaker 1: hundred dollars per month. I probably have a car, so
- 8:59Speaker 1: you know, I'm paying car insurance. Every time I buy
- 9:02Speaker 1: a pizza. It's like twenty bucks or like thirteen if
- 9:05Speaker 1: I only get on on Tuesdays when the specials are going,
- 9:08Speaker 1: and I just add it up and I'm like, so,
- 9:10Speaker 1: I'm easily spending two thousand dollars per month trying to
- 9:14Speaker 1: be frugal. In the United States. The utilities are add
- 9:18Speaker 1: on four hundred bucks for utilities and cell phone bill
- 9:21Speaker 1: and whatever streaming services you have. The overhead is so
- 9:26Speaker 1: much lower abroad that I always am saving money while
- 9:31Speaker 1: traveling relative to the costs of living in the United States.
- 9:34Speaker 1: And I'm not really missing out on anything. Bands travel
- 9:38Speaker 1: so I can see live shows. Wherever I go, there's
- 9:40Speaker 1: live music. The utilities are utilities. They have electricity, Wi Fi,
- 9:44Speaker 1: five G everything in the rest of the world. They
- 9:46Speaker 1: have supermarkets, they have trees. So I'm not not getting
- 9:49Speaker 1: anything that I get in the US. It's just I'm
- 9:53Speaker 1: just in a different place that costs much less and
- 9:57Speaker 1: usually has much better food. So, just as an example,
- 10:01Speaker 1: let's say you're paying fifteen hundred. You're a frugal person
- 10:05Speaker 1: by necessity, maybe in the US, and you're only paying
- 10:07Speaker 1: fifteen hundred for all of your expenses per month. You're
- 10:10Speaker 1: scrolling away a couple hundred for emergencies each month if
- 10:15Speaker 1: you can. If you take that, fifteen hundred, five hundred
- 10:19Speaker 1: USD should get you nearly anywhere in the world all
- 10:22Speaker 1: the flights with no planning ahead. Jump on skyscanner and
- 10:26Speaker 1: choose a ticket. Five hundred will get you to Australia,
- 10:29Speaker 1: to China, to Japan, literally almost anywhere in the world.
- 10:34Speaker 1: Maybe like Antarctica or something will be more expensive. But okay,
- 10:39Speaker 1: I'm going to quote those prices again. I was going
- 10:41Speaker 1: to say the prices I know roughly, but why not
- 10:45Speaker 1: just check it out. So skyscanner, no preparation, just typed
- 10:48Speaker 1: in two days from now, just clicked on two days
- 10:51Speaker 1: from now. If you fly out of New York, Barbados
- 10:55Speaker 1: is sixty dollars. Canada is twenty nine dollars right now,
- 10:59Speaker 1: Puerto Rico is eighty three, Ecuador is one hundred twenty
- 11:03Speaker 1: Iceland Iceland is one hundred and sixty. Colombia's won seventy four.
- 11:08Speaker 1: Italy is one hundred seventy six right now. If you
- 11:11Speaker 1: buy it and you're leaving on Friday, you can be
- 11:15Speaker 1: in Italy for one hundred seventy dollars. France is one
- 11:18Speaker 1: hundred eighty dollars. United Kingdom is one hundred and ninety.
- 11:22Speaker 1: So these are a little more expensive than you should
- 11:25Speaker 1: expect to pay because, like I said, I've done no.
- 11:29Speaker 1: I didn't use a private tab, which I usually do
- 11:33Speaker 1: to search for flights, because the cookies do like add
- 11:35Speaker 1: on twenty bucks to your flights if you search, like
- 11:37Speaker 1: multiple times in a week or something. But Guatemala's two hundred,
- 11:42Speaker 1: Romania's two hundred PERUS two forty, Germany is to sixty eight,
- 11:47Speaker 1: Denmark two seventy one, Greece to eighty three, Sweden to
- 11:51Speaker 1: ninety Ludegue. I mean, they're all, like I said, everything's
- 11:55Speaker 1: under five hundred dollars. And this was with zero preparation
- 11:58Speaker 1: leaving in two days. So if you have a passport,
- 12:01Speaker 1: you can go to any country that you want to
- 12:03Speaker 1: go to for less than five hundred bucks. How about
- 12:06Speaker 1: I didn't even get to Asia Asia. India's for fifty,
- 12:09Speaker 1: Koreas for sixty, So these aren't Yeah, this is clearly
- 12:13Speaker 1: because I looked earlier in the week, you'll get cheaper prices.
- 12:17Speaker 1: There's still Taiwan's five hundred, five hundred twenty, Vietnam's five fourteen,
- 12:22Speaker 1: but that's quite expensive. I would expect to pay closer
- 12:25Speaker 1: to four hundred dollars. Like right now, I'm flying from
- 12:29Speaker 1: India to New York for four hundred and twenty dollars,
- 12:32Speaker 1: and that's even a little more expensive than I usually pay.
- 12:36Speaker 1: But only I don't know, fifty bucks more expensive, I'd say,
- 12:40Speaker 1: so I wasn't really worried about quibbling for the price
- 12:44Speaker 1: because the price. I've been living in India, so I've
- 12:49Speaker 1: literally spent three hundred dollars per month on a huge
- 12:54Speaker 1: house with all utilities included, two bedroom, two bathroom, just
- 12:58Speaker 1: a giant nice house, a private house with locking gates
- 13:02Speaker 1: in a parking space and all that. All the utilities
- 13:04Speaker 1: included three hundred bucks a month and then I'm finding
- 13:08Speaker 1: it very difficult to spend more than one hundred dollars
- 13:11Speaker 1: per month on food, candy and snacks and fun and
- 13:15Speaker 1: just get going around the city and visiting things. I'm
- 13:20Speaker 1: not going to clubs or anything like that, but I'm
- 13:22Speaker 1: not depriving myself of anything. I like, my hobbies are
- 13:27Speaker 1: very frugal anyway. Like I like reading, I like writing,
- 13:30Speaker 1: I like drawing, I like exploring a lot. I will
- 13:33Speaker 1: ride my bike for one hundred kilometers just to see
- 13:36Speaker 1: what's over that mountain. But so I spent four hundred
- 13:40Speaker 1: dollars this month basically in India, and I mean that's
- 13:45Speaker 1: nothing compared to what I would be spending if I
- 13:47Speaker 1: was in the States. In the States, if I have
- 13:49Speaker 1: to take the bus somewhere, I'm like, oh, man, six dollars, okay,
- 13:53Speaker 1: I have to go whatever, go to the DMV. So
- 13:57Speaker 1: you're three dollars to get there and three dollars to
- 13:58Speaker 1: get back, which you know in India is only who
- 14:02Speaker 1: can say, ten cents maybe round trip. It's very cheap.
- 14:08Speaker 1: Here's the point. That is the point. You will be
- 14:10Speaker 1: saving money if you are traveling. And again, the longer
- 14:13Speaker 1: you travel, the more you will save and the better
- 14:16Speaker 1: you'll get at traveling, so things will be cheaper, so
- 14:18Speaker 1: you'll save even more, and so on and so forth,
- 14:22Speaker 1: which is news to most Americans. So America is isolated.
- 14:26Speaker 1: It's connected to two countries, which is very odd. Most
- 14:30Speaker 1: countries in the world are connected to a bunch of
- 14:33Speaker 1: other countries. So most people think, Okay, I pay a
- 14:35Speaker 1: little money for a ticket, I go on a vehicle,
- 14:37Speaker 1: and then I'm in another country, and it costs the
- 14:39Speaker 1: amount of fuel plus infrastructure to get me to that
- 14:42Speaker 1: other place. So I think most people in most other
- 14:45Speaker 1: countries have a more normalized view of ticket prices and
- 14:50Speaker 1: travel in general, that you can just leave whenever you want.
- 14:53Speaker 1: You can just go to another country, And obviously it's
- 14:56Speaker 1: easier when you're connected to the other country. But it's
- 14:58Speaker 1: not actually different for Americans, and in fact is often
- 15:01Speaker 1: much easier because of our visa free travel status our
- 15:05Speaker 1: passport enjoys. When Americans talk about travel, though to me
- 15:10Speaker 1: relative to people from other countries, they often talk about
- 15:13Speaker 1: travel as this distant goal or sort of like a
- 15:16Speaker 1: mythical objective that could happen. They know it's physically possible,
- 15:20Speaker 1: they know it's economically possible, but they don't think it's
- 15:24Speaker 1: as simple as it is, and almost none of them
- 15:27Speaker 1: realize how affordable it is, how wise a financial decision
- 15:31Speaker 1: traveling is. I certainly didn't. I still can't get over
- 15:34Speaker 1: how fair grocery prices and transportation prices are in other countries.
- 15:39Speaker 1: And I've been doing this for fifteen years, and I
- 15:41Speaker 1: think it does play into that isolation that for Americans,
- 15:45Speaker 1: they don't understand that the process of traveling is that simple.
- 15:49Speaker 1: They don't have to struggle or suffer to buy the ticket,
- 15:52Speaker 1: So it doesn't make intuitive sense to an American used
- 15:55Speaker 1: to American work culture. Americans don't intuitively trust the streamlined
- 15:59Speaker 1: price process of buying a ticket, getting to the vehicle
- 16:03Speaker 1: on time, and that is most of the trouble of traveling.
- 16:07Speaker 1: I talk to a lot of Americans about this, and
- 16:10Speaker 1: they seem freaked out that there's no internship, that they
- 16:13Speaker 1: don't have to prove themselves for years, thanklessly without pay,
- 16:18Speaker 1: in order to enjoy this privilege that is travel that
- 16:22Speaker 1: is available to all Americans. Americans, if you have a passport,
- 16:27Speaker 1: can tomorrow go to one hundred and sixty countries, either
- 16:31Speaker 1: visa free or with visa on arrival, which for the
- 16:33Speaker 1: first means you don't need to do anything, and for
- 16:35Speaker 1: the second means that you give them twenty or forty
- 16:39Speaker 1: dollars when you land and they stamp your passport and
- 16:42Speaker 1: then you're done. The ones that require visas, almost all
- 16:46Speaker 1: of them, just in the last decade have switched to evisas.
- 16:49Speaker 1: So you go on the official government website, you pay
- 16:52Speaker 1: ten dollars to fifty dollars, depending if you're going to
- 16:55Speaker 1: stay for like six months or five years, and then
- 16:59Speaker 1: they mail you back the visa and juke go to
- 17:01Speaker 1: that country. So it's a very streamlined, simple, inexpensive process.
- 17:06Speaker 1: Like fifty dollars. Oh, fifty dollars is kind of a
- 17:09Speaker 1: lot for a visa, Yeah, but that's five years in India.
- 17:13Speaker 1: So you can imagine you want to buy a car,
- 17:16Speaker 1: and you can buy a ten thousand dollar car, or
- 17:19Speaker 1: you can buy an identical one thousand dollars car if
- 17:22Speaker 1: you pay for a special license that costs twenty dollars. First,
- 17:27Speaker 1: that's the only functional difference between the two cars. That
- 17:30Speaker 1: you can pay ten thousand dollars if you don't want
- 17:32Speaker 1: to fill out a form that takes ten minutes to
- 17:35Speaker 1: fill out and pay them twenty dollars for the license,
- 17:38Speaker 1: or you take ten minutes, pay the twenty dollars for
- 17:41Speaker 1: the license and get the functionally identical car for one
- 17:45Speaker 1: thousand dollars. Obviously, pay for that special license that cost
- 17:49Speaker 1: twenty dollars, then buy the one thousand dollars identical car.
- 17:52Speaker 1: That's what getting a visa is like for a lot
- 17:55Speaker 1: of these inexpensive countries. Say you do visit India, which
- 18:00Speaker 1: should there are two billion people there and the food
- 18:02Speaker 1: rocks spending. Let's say you go crazy and just buy
- 18:06Speaker 1: a lot every day, and you spend one thousand dollars
- 18:08Speaker 1: per month, every dollar over one thousand dollars if you
- 18:11Speaker 1: make a remote job, or you're saving the remainder of
- 18:15Speaker 1: your pay all of it rather than all of those
- 18:17Speaker 1: invisible costs we mentioned upfront, as well as the baseline
- 18:21Speaker 1: eighty to ninety percent reduction in cost for everything in
- 18:25Speaker 1: India relative to the United States. Even if it's way cheaper,
- 18:29Speaker 1: I still need some kind of money. So how do
- 18:32Speaker 1: I pay for traveling? If you have or can find
- 18:36Speaker 1: a remote job that pays more than five hundred US
- 18:39Speaker 1: dollars per month, and any ESL job will get you
- 18:42Speaker 1: way more than that. Then you can live perpetually, you
- 18:45Speaker 1: can travel perpetually. Any work that you do, you're going
- 18:50Speaker 1: to get better at as you do, and you'll probably
- 18:51Speaker 1: make a little more money. So if by the end
- 18:53Speaker 1: of the year you're making seven hundred dollars per month
- 18:56Speaker 1: rather than five hundred, now you're saving two hundred dollars
- 18:59Speaker 1: per month. It's also not expensive to travel for Americans, specifically,
- 19:04Speaker 1: because they're just very lucky to be citizens and native
- 19:10Speaker 1: speakers of English. You can teach English in dozens of
- 19:14Speaker 1: countries and make probably you're as much money as most
- 19:19Speaker 1: Americans make normally. You land in China, you're making twenty
- 19:22Speaker 1: five hundred minimum starting maybe not minimum minimum. If you
- 19:26Speaker 1: have no degree, you have no certification, you can't speak
- 19:31Speaker 1: the language, or not there, maybe you'll make only two
- 19:33Speaker 1: thousand dollars per month. There are postings right now for
- 19:36Speaker 1: Saudi Arabia between forty five hundred and six thousand US
- 19:39Speaker 1: dollars a month if you have a bachelor's and a
- 19:41Speaker 1: tefel certification, but you could, let's say minimum two thousand.
- 19:46Speaker 1: You fly to China tomorrow with none, nothing, and you
- 19:49Speaker 1: land in China, you can get a job for two
- 19:51Speaker 1: thousand dollars a month teaching twenty to twenty five hours
- 19:54Speaker 1: a week teaching English right away and in China. China
- 19:58Speaker 1: is one of those countries where you can easily spend
- 20:00Speaker 1: five hundred dollars per month and save the other fifteen
- 20:02Speaker 1: hundred per month, which is what I did. I spent
- 20:06Speaker 1: to access after a while, but I was still saving
- 20:09Speaker 1: one thousand a month every month I was in China
- 20:11Speaker 1: at least. So the cost of travel itself much cheaper
- 20:15Speaker 1: than you might think. Only a couple hundred dollars to
- 20:18Speaker 1: go to most places, only four hundred plus to go
- 20:21Speaker 1: to the most expensive places without any planning ahead. If
- 20:25Speaker 1: you keep an eye on the prices day after day,
- 20:27Speaker 1: you'll find the cheap things like it's very It's not
- 20:31Speaker 1: uncommon to get a ticket from Ireland to Morocco for
- 20:35Speaker 1: thirty bucks, or Atlanta to New York is twenty nine dollars.
- 20:41Speaker 1: I just you want to get to New York or
- 20:44Speaker 1: Los Angeles, San Francisco, Seattle one of the major port cities,
- 20:47Speaker 1: because they'll be the cheapest in getting out of the States.
- 20:50Speaker 1: But even if you're not there, add on fifty dollars
- 20:53Speaker 1: from any major airport in the middle of the country
- 20:56Speaker 1: or anywhere else in the country, and it'll take you
- 20:58Speaker 1: to New York or LA. So all of those prices
- 21:01Speaker 1: I said earlier, add on fifty bucks. If you're not
- 21:04Speaker 1: on the coasts, and that's your new price. Just add
- 21:07Speaker 1: on fifty dollars, which is nothing compared to the important
- 21:11Speaker 1: overhead cost, which is so much lower abroad. In most countries,
- 21:16Speaker 1: you spend three hundred USD on a flight ticket to
- 21:18Speaker 1: a country where your own private house only costs four
- 21:22Speaker 1: hundred dollars per month. So ticket prices are pretty low.
- 21:25Speaker 1: There are a couple hundred bucks. The cost of living
- 21:29Speaker 1: in other countries is excessively. I can't describe well how
- 21:35Speaker 1: much cheaper it is to live abroad, but literally ninety
- 21:39Speaker 1: percent cheaper. In India, for example, I can say I'm
- 21:42Speaker 1: living ninety percent cheaper. I have free AC, a heater,
- 21:46Speaker 1: five g oh, I have everything. My cell phone plan
- 21:50Speaker 1: is two dollars a month and I have actually that's
- 21:55Speaker 1: not unlimited. I think the unlimited is like five and
- 21:57Speaker 1: I have unlimited Wi Fi, so I don't use that much,
- 22:00Speaker 1: So that's ninety five percent cheaper. Than what I was
- 22:04Speaker 1: paying in the US for my cell phone bill. So
- 22:07Speaker 1: if you're frugal or even financially responsible or really just sensible,
- 22:12Speaker 1: right now, you're struggling in the United States and thinking like,
- 22:15Speaker 1: how can I just save money so I can do
- 22:17Speaker 1: what I want? Go? Travel? Get a job online that
- 22:21Speaker 1: pays you five hundred a month. I was living on
- 22:24Speaker 1: two hundred a month for a while, between two and
- 22:26Speaker 1: three hundred, Like two fifty was not weird for me.
- 22:29Speaker 1: I was only staying in dorms, but I'd spend one
- 22:31Speaker 1: hundred dollars a month on a dorm in a hostel.
- 22:35Speaker 1: The pub hostel in Cambodia cm REAP is ninety dollars
- 22:39Speaker 1: a month, sometimes one hundred and twenty dollars a month,
- 22:42Speaker 1: but it was ninety when I just checked last month,
- 22:45Speaker 1: and then two hundred dollars on food and hobbies and
- 22:48Speaker 1: you know, shows, cultural exhibitions and taking buses between cities
- 22:53Speaker 1: and stuff, just traveling around. So you'll be fine on
- 22:55Speaker 1: five hundred dollars. You will survive with your own room
- 22:59Speaker 1: and food and all of that. And if you teach,
- 23:02Speaker 1: then you're going to be saving one thousand to two
- 23:04Speaker 1: thousand a month, especially if you get that TEFOL certification,
- 23:07Speaker 1: so check out the TEFOL podcast I did. Or if
- 23:11Speaker 1: you just want to devote six months to a project
- 23:15Speaker 1: that you want to work on, if you have a
- 23:16Speaker 1: few thousand dollars, you can go spend six months in Thailand, Vietnam, Cambodia, Alaos,
- 23:23Speaker 1: which are beautiful, comfortable, modern countries. They're not like Japan
- 23:30Speaker 1: or New York modern, but they have all the modern
- 23:33Speaker 1: amenities you have. Yeah, like I said, five G and
- 23:36Speaker 1: AC and all that kind of stuff, and you can
- 23:39Speaker 1: comfortably live in those places and work on what you
- 23:41Speaker 1: want to work without having to work forty hours a
- 23:45Speaker 1: week at some service job in the US just to
- 23:48Speaker 1: maintain a roof over your head. You can have that
- 23:51Speaker 1: for much much less abroad, and you can work on
- 23:55Speaker 1: what you are passionate about. So it's also if you
- 23:59Speaker 1: don't have any saving you can get an IT job.
- 24:02Speaker 1: There are so many SEO certifications and all types of
- 24:06Speaker 1: IT certifications that you can get and get any crappy
- 24:09Speaker 1: IT job for twenty bucks an hour and you work
- 24:13Speaker 1: ten hours a week, twenty bucks an hour, two hundred dollars.
- 24:17Speaker 1: That's your rent two weeks four hundred dollars. Now you
- 24:21Speaker 1: have a private room per month, so every two weeks
- 24:23Speaker 1: you're working. If you only work for ten hours per week,
- 24:27Speaker 1: which you'll probably work more, that's a private room. And
- 24:30Speaker 1: then you have another four hundred dollars because you know
- 24:33Speaker 1: another two hundred for working ten hours a week at
- 24:36Speaker 1: twenty dollars an hour, that's just for fun. Go, that's
- 24:39Speaker 1: for eating and expenses, but entertainment. So instead of barely
- 24:44Speaker 1: making your rent, work ten hours a week, make all
- 24:47Speaker 1: of your expenses or work more hours, make your rent
- 24:51Speaker 1: in a week and save the other three weeks. As
- 24:54Speaker 1: an example, I was making twenty five hundred when I
- 24:57Speaker 1: first arrived in China teaching England, and my rent was
- 25:03Speaker 1: I want to say, one hundred and twenty USD roughly
- 25:06Speaker 1: per month. So I made my rent in about three
- 25:09Speaker 1: days each month, and then after food and entertainment beer,
- 25:14Speaker 1: I was saving the other twenty eight days of income
- 25:17Speaker 1: every month. Have all of your utilities that are already
- 25:21Speaker 1: paid for. Yeah, it's all taken care of. If I work.
- 25:24Speaker 1: Sounds bad, and teaching also sounds bad. These are just
- 25:28Speaker 1: a couple examples. There are so many different jobs available
- 25:32Speaker 1: that you can make five hundred bucks a month on
- 25:35Speaker 1: and as long as you're making five hundred bucks a month,
- 25:37Speaker 1: all of your financial stressors are gone. You are covered
- 25:41Speaker 1: for food and rent, Food and board is done if
- 25:44Speaker 1: you're making five hundred dollars a month, and from there
- 25:46Speaker 1: you can focus on you can find something you like
- 25:49Speaker 1: that will help you make more than five hundred dollars.
- 25:52Speaker 1: Or if you're fine with just traveling on five hundred
- 25:55Speaker 1: dollars a month, covering your room and board and travel, yeah,
- 25:58Speaker 1: you're good. There are lots of seasonal work. You can
- 26:01Speaker 1: go pick fruit in tons of countries. Well, I'll say
- 26:03Speaker 1: like a dozen countries that I know about. Like, I
- 26:05Speaker 1: know you can do it in Chile. I know you
- 26:07Speaker 1: can do in Australia and New Zealand, although New Zealand
- 26:10Speaker 1: recently changed it because they're economies. Whatever. Spain and France
- 26:15Speaker 1: I know have that. Germany definitely has agricultural farming jobs
- 26:20Speaker 1: that you can do. I knew a married couple who
- 26:24Speaker 1: just moved with the seasonal agricultural work and they basically
- 26:28Speaker 1: went between Australia and Europe and worked on farms, harvesting
- 26:33Speaker 1: whatever they needed harvesting. And they usually or at least
- 26:37Speaker 1: the places they went provided housing as well, so they're
- 26:39Speaker 1: only expenses for that paid work while staying in the
- 26:43Speaker 1: country were food and cell phone bills. And then they
- 26:48Speaker 1: were just saving money moving country to country with almost
- 26:52Speaker 1: no expenses, and they were just enjoying themselves, saving up
- 26:56Speaker 1: money to buy a house and start a family eventually
- 27:00Speaker 1: by picking berries. They did it like they were saving
- 27:04Speaker 1: money at the rate they wanted to without any stress,
- 27:08Speaker 1: because they both liked working on farms and achieving their
- 27:11Speaker 1: goal because of traveling. It's really where your preferences lie.
- 27:16Speaker 1: I don't mind teaching, especially because teaching is a bunch
- 27:21Speaker 1: of smart, polite students. I say red, yellow, blue, red, yellow, blue.
- 27:28Speaker 1: They repeat after me. I count to ten, they count
- 27:31Speaker 1: to ten after me. Every forty five minutes, I'm making
- 27:34Speaker 1: like fifteen dollars at the barest minimum, So every two
- 27:38Speaker 1: to three minutes you're making another US dollar, and that
- 27:41Speaker 1: is a meal in China. Three dollars is too much
- 27:45Speaker 1: food on a plate. That's it. I just say colors
- 27:49Speaker 1: and numbers to polite, respectful students, and it helps you
- 27:53Speaker 1: are helping their venturing out into the world. English is
- 27:56Speaker 1: a good resource to have in your back pocket. You're
- 28:00Speaker 1: not doing a useless job. Hello, how are you? They
- 28:03Speaker 1: repeat after you. That is actually beneficial to non English
- 28:07Speaker 1: speaking students. You're doing a good thing. You are getting
- 28:11Speaker 1: compensated very well. There's no planning or anything required. Like you,
- 28:19Speaker 1: if you go to those Asian countries I was talking about,
- 28:22Speaker 1: you will get a job and start teaching and start
- 28:26Speaker 1: getting paid, and you will earn the cost of your
- 28:29Speaker 1: monthly rent in less than a week after that. Anything
- 28:32Speaker 1: you don't spend on food or entertainment is savings. And
- 28:36Speaker 1: all those countries are cheap, so food and entertainment is
- 28:39Speaker 1: not going to cost that much, and you will be
- 28:41Speaker 1: saving money working fewer hours. Those are not the only
- 28:45Speaker 1: three jobs. Teacher, it, person, agricultural work. There are any
- 28:52Speaker 1: number of jobs that you can do online, either remote
- 28:55Speaker 1: work or locally, and I'll go over that in the
- 28:57Speaker 1: remote work episode or employment of episode. Look for what
- 29:02Speaker 1: you're interested in. You only need to make five hundred
- 29:05Speaker 1: to survive, and then you can work on what you're
- 29:07Speaker 1: actually passionate about or find something that makes you a
- 29:11Speaker 1: thousand or fifteen hundred a month, and you're good. You're
- 29:15Speaker 1: saving every single month more than you're saving in the
- 29:18Speaker 1: States right now, probably and have that capital to use
- 29:23Speaker 1: for whatever you want to use the capital for. I
- 29:26Speaker 1: really wanted to talk about this because it's the first
- 29:28Speaker 1: thing I always hear, not just from Americans, but Americans
- 29:32Speaker 1: have a particular insistence that travel is unattainable unless you
- 29:37Speaker 1: are already rich. And I moved from the US basically
- 29:42Speaker 1: permanently on I think I had just about seven hundred
- 29:47Speaker 1: dollars in my bank account, and I had asked a
- 29:51Speaker 1: school to hire me beforehand and they agreed to. But
- 29:55Speaker 1: once I landed there, it's like, oh, okay, I can
- 29:57Speaker 1: work anywhere. There's one hundred schools that all want to hire.
- 30:00Speaker 1: It's a little different with Shijinping in charge. Now he's
- 30:03Speaker 1: shut down. He made the laws more difficult. But I
- 30:07Speaker 1: just checked because I'm helping somebody else become an English
- 30:10Speaker 1: teacher right now. So I was checking the classifieds and
- 30:14Speaker 1: they're still literally four hundred and seventy three English teaching
- 30:19Speaker 1: jobs just in the city center of Beijing, one city
- 30:24Speaker 1: in a country of thousands of cities and towns with
- 30:27Speaker 1: more than a billion and a half people. The job
- 30:30Speaker 1: is not going away anytime soon. And even if it
- 30:34Speaker 1: was all gone from China. There are jobs in Vietnam, Thailand,
- 30:37Speaker 1: Saudi Arabia, just all over. So if you can, if
- 30:42Speaker 1: you can handle just saying how are you, I'm fine,
- 30:46Speaker 1: thank you, and then they repeat after you. If you
- 30:49Speaker 1: can do that, then you can make enough in a
- 30:52Speaker 1: week to live in a foreign country and then save
- 30:55Speaker 1: for the other three weeks and yeah, and do whatever
- 30:59Speaker 1: you really want to do. You'll be working far fewer
- 31:02Speaker 1: hours than you're working too, like most Americans are working
- 31:06Speaker 1: forty hour weeks or close to it. The biggest days
- 31:10Speaker 1: to teach will be on the weekend, so you might
- 31:13Speaker 1: have an eight hour day on Saturday, and then you'll
- 31:15Speaker 1: have a six hour day on Sunday, and that's forty
- 31:19Speaker 1: five minutes per each class session fifteen minute break, so
- 31:23Speaker 1: fourteen hours on that weekend. But then that's only six
- 31:26Speaker 1: more hours over the Monday through Friday. So you may
- 31:29Speaker 1: bee work two days two hours one day or three
- 31:31Speaker 1: hours another day. So most of your time is free
- 31:35Speaker 1: already because you're only working two days a week close
- 31:38Speaker 1: to full shifts eight hours and six hours, but most
- 31:43Speaker 1: of the other days are free and you can work
- 31:44Speaker 1: on whatever you want to anyway, and that eight plus
- 31:47Speaker 1: six hours plus the six over the whole rest of
- 31:49Speaker 1: the week. That's twenty hours a week. And at fifteen
- 31:52Speaker 1: dollars an hour, you're making three hundred dollars a week,
- 31:56Speaker 1: and three hundred dollars is enough for all of your
- 31:58Speaker 1: food and fun per month. Three hundred dollars is your rent,
- 32:03Speaker 1: so you have at least two weeks of just savings.
- 32:07Speaker 1: That's if you were only making fifteen dollars an hour,
- 32:10Speaker 1: which is the absolute lowest I heard of anyone making
- 32:14Speaker 1: in China a decade ago, and up to one hundred
- 32:17Speaker 1: dollars per hour for face to face one on one
- 32:20Speaker 1: private students you meet in a cafe, you have the
- 32:23Speaker 1: lesson prepared. You guys do a lesson. Here's one hundred
- 32:27Speaker 1: dollars an hour. I got my private student by doing
- 32:30Speaker 1: my laundry outside and someone ran up to me and
- 32:33Speaker 1: asked me if I would teach their friend's daughter who
- 32:37Speaker 1: was going to Canada, I think for high school or
- 32:42Speaker 1: something like that. But I said sure, but I'm really
- 32:45Speaker 1: expensive because I actually didn't want to teach. And I
- 32:49Speaker 1: said something like seventy five dollars an hour us and
- 32:52Speaker 1: she was like, oh, that's fine. They're super rich, they
- 32:54Speaker 1: don't care. And I was like, oh, okay, great, and
- 32:57Speaker 1: that's how I got my seventy five dollars an hour.
- 33:00Speaker 1: I have a tutoring gig. But even if you don't
- 33:02Speaker 1: get the one on one thing, which again you do
- 33:04Speaker 1: have to make your own lessons for it is a
- 33:06Speaker 1: little more work. You can work at any of those
- 33:08Speaker 1: schools twenty five hours a week, four weeks. Like that,
- 33:12Speaker 1: you're making two thousand minimum per month. Most places in
- 33:17Speaker 1: Asia cost less than five hundred dollars a month to
- 33:19Speaker 1: live in. So whether you're in Europe or you want
- 33:22Speaker 1: to go to Southeast Asia or you want to go
- 33:24Speaker 1: to South America, everywhere is cheaper than the States. And
- 33:30Speaker 1: if this is about money for you, then you can
- 33:34Speaker 1: live frugally, especially in Southeast Asia, extremely easily. You can
- 33:40Speaker 1: start saving money as soon as you're making more than
- 33:43Speaker 1: five hundred dollars per month. You can survive comfortably on
- 33:46Speaker 1: five hundred USD a month, and if you build that
- 33:49Speaker 1: up to one thousand, you'll be sitting pretty. You can
- 33:51Speaker 1: do whatever you want making one thousand dollars per month
- 33:54Speaker 1: with remote work or teaching or ag farming or whatever
- 33:57Speaker 1: it is. Whatever you can get a job done, and
- 34:01Speaker 1: the travel itself is not very expensive. You spend a
- 34:05Speaker 1: couple hundred dollars, and once you spend that initial couple
- 34:08Speaker 1: hundred dollars, once you spend let's say five hundred just
- 34:13Speaker 1: for the most expensive price you could possibly pay traveling
- 34:16Speaker 1: anywhere in the world, you'll probably pay less than that.
- 34:19Speaker 1: But let's say you spend five hundred to go from
- 34:22Speaker 1: who knows, New York to Saudi Arabia or Thailand. You
- 34:27Speaker 1: spend five hundred, you get a bad deal, and you
- 34:29Speaker 1: spend five hundred dollars age. Once you're in Thailand, it's
- 34:33Speaker 1: like forty dollars to fly to any other country, and
- 34:36Speaker 1: often twenty five dollars Thailand, Tallaosis twenty bucks. Everywhere's twenty
- 34:41Speaker 1: bucks from Thailand. It's all connected. Japan is only one
- 34:44Speaker 1: hundred dollars, so it's very cheap to travel. Once you're
- 34:47Speaker 1: in Asia, you can travel to all the other Asian
- 34:50Speaker 1: countries cheaply. Once you're in the Middle East, you can
- 34:52Speaker 1: travel to all the Middle Eastern countries easily. Once you're
- 34:55Speaker 1: in Europe, you can travel to all the European countries
- 34:58Speaker 1: super easily and cheaply. So the initial ticket might be
- 35:01Speaker 1: a little bit, but if you travel perpetually, your travel
- 35:05Speaker 1: costs are less than one hundred dollars per month. I
- 35:09Speaker 1: flew around the US to visit friends in the beginning
- 35:12Speaker 1: of the year, so I spent five hundred dollars in
- 35:16Speaker 1: total on multiple flights, visiting everybody and moving from East
- 35:23Speaker 1: Coast Philadelphia to Hong Kong. So after visiting like four
- 35:29Speaker 1: cities in the US, I stopped in Hawaii for a while,
- 35:32Speaker 1: and then I flew to Hong Kong and all total,
- 35:35Speaker 1: I think the total was four hundred and seventy It
- 35:38Speaker 1: was around there anyway, four hundred and seventy US dollars.
- 35:41Speaker 1: So then I was in Hong Kong, and in one month,
- 35:46Speaker 1: the much lower cost of living in Hong Kong and
- 35:48Speaker 1: the subsequent countries completely negate months of travel costs. Because
- 35:54Speaker 1: let's say you spend five hundred dollars like I did
- 35:56Speaker 1: over a few months, in one month, I'm only spending
- 36:00Speaker 1: maybe five hundred dollars for the one month to live
- 36:02Speaker 1: in Hong Kong versus the one thousand or fifteen hundred
- 36:07Speaker 1: or two thousand that I would spend in one month
- 36:10Speaker 1: to live in the States, and I went to Thailand
- 36:13Speaker 1: for a few months, loose for a few months, Vietnam
- 36:17Speaker 1: and then India, and each of those flights were thirty dollars.
- 36:21Speaker 1: Hong Kong to Thailand was only twenty something, so I
- 36:25Speaker 1: spent we'll say, one hundred and fifty total the rest
- 36:27Speaker 1: of the year, So all of my costs of travel
- 36:32Speaker 1: for the entire year was about six hundred and twenty dollars.
- 36:37Speaker 1: And I just think of how much it would have
- 36:38Speaker 1: been if I was living in the States just for
- 36:41Speaker 1: one month of rent and utilities and car payments and
- 36:44Speaker 1: all that kind of stuff that you don't need while
- 36:46Speaker 1: you're traveling. There's public infrastructure abroad. There's trains that take you,
- 36:51Speaker 1: there's buses that take you anywhere for near next to nothing.
- 36:55Speaker 1: You can take international buses for ten US dollars or
- 36:58Speaker 1: less pretty much anywhere I've been. Maybe if you're in
- 37:02Speaker 1: Europe and you're going from I don't know, Austria to Portugal,
- 37:05Speaker 1: it'll be like forty US dollars. But it's still just
- 37:08Speaker 1: incredibly cheap to travel on public transport anywhere in the
- 37:13Speaker 1: world except for the US. And you should definitely check
- 37:17Speaker 1: out these flights hotels, cost of living costs for yourself
- 37:21Speaker 1: online or check better yet, check out YouTube videos because
- 37:24Speaker 1: instead of just a math equation where the search engine
- 37:27Speaker 1: tells you the AI cost of living, which I can
- 37:30Speaker 1: personally tell you is often wrong as in much too expensive,
- 37:36Speaker 1: you can watch and listen to the people who are
- 37:38Speaker 1: actually living in those countries. A beer is compared to
- 37:41Speaker 1: a beer you're paying for where you're from, or a
- 37:44Speaker 1: plate of food, sort of real cost of living things
- 37:47Speaker 1: on the ground. Everyone should check it out for themselves
- 37:50Speaker 1: because I wouldn't have believed how low the cost of
- 37:54Speaker 1: living is abroad if I hadn't experienced that life myself.
- 37:59Speaker 1: But now you don't have to do that. You can
- 38:00Speaker 1: just watch people like me showing you the actual prices
- 38:03Speaker 1: in real time, and YouTube videos in different countries. We'll
- 38:07Speaker 1: end it there, But to sum up, is it expensive
- 38:11Speaker 1: to travel not at all compared to what you are
- 38:14Speaker 1: used to paying, especially if you get a job while
- 38:17Speaker 1: you're abroad, or you have any kind of remote work
- 38:20Speaker 1: that pays you more than five hundred USD a month.
- 38:22Speaker 1: As a rough guideline, that's not fun. Though. I'm going
- 38:26Speaker 1: to end on a few more flight prices just because
- 38:28Speaker 1: I love to look at fight prices all the time. Anyway,
- 38:31Speaker 1: did I say fight prices fighty flight prices? Okay, so
- 38:35Speaker 1: let's say you're from Los Angeles' time and not New York,
- 38:40Speaker 1: just to switch coasts. Oh well, okay, twenty six dollars
- 38:43Speaker 1: to Las Vegas. So that's cool. If you want a
- 38:46Speaker 1: weekend cheaper than a greyhound, Mexico is fifty, Canada is
- 38:51Speaker 1: ninety on the West coast today for that random day,
- 38:54Speaker 1: I chose it's usually cheaper. All the other prices look
- 38:58Speaker 1: the same. Ooh, Columbia's two hundred, but oh, okay, Japan
- 39:02Speaker 1: is only two hundred dollars right now. So Japan is
- 39:06Speaker 1: one of the visa free countries for Americans. So if
- 39:08Speaker 1: you have a passport, you can fly to Japan from
- 39:11Speaker 1: Los Angeles for two hundred dollars. Oh that's pretty nice.
- 39:16Speaker 1: I gotta go look into that. You can talk to
- 39:18Speaker 1: me at bit of a Rambler at gmail dot com
- 39:20Speaker 1: or bit of a Rambler on all the socials, and
- 39:22Speaker 1: I will catch you on the flip side