Something I’m touching on in the current Marginal Boundaries project I’m writing is the “how” of it all. While the 30 Ways in 30 Days promotional ebook contains 77 pages of generalized information regarding how to begin the transition into the digital nomad lifestyle, it is just that: generalized information. That’s why it’s a free product, because it is not a specific guide, but rather an introductory book into the lifestyle.
However, there’s a lot more to the transition than merely unlearning what you have learned and expanding your horizons to accept cultural differences and having access to information on things such as how to avoid paying the high price of round trip tickets. While that information is certainly helpful, there is a lot of hands-on stuff that many first-timers lack knowledge of, and when it comes to the Internet there is so much chaff that has to be separated from the wheat that sometimes it gets hard to see from all the dust.
So with that in mind, I started work on a new project last week that is being designed specifically as a starter guide on how to make money as a digital nomad. I’m covering a lot of basic information, such as what you need for most visa applications in most countries around the world, but I’m also going into specifics and will be helping/mentoring readers on setting up multiple residual income streams before they even leave their home country behind. While some people might already have a pension or some form of freelance income established, not all people do. And even for those who have a regular source of income, this book will be a boon because it will help you add even more revenue streams to your current list, thus giving you more money to enjoy your lifestyle abroad.
To give you an idea of what I mean by that, let’s take a look at the following. Most people think they need hundreds of thousands of dollars to retire, so the fear of lacking sufficient funds is something that keeps them from making the transition from brick-and-mortar job to location independent lifestyle. The reality is that you can easily retire in a salary of a mere $25,000 per year in just two to three short years when you consider the fact that you can purchase a house for as little as $25,000 in places like Mexico, Colombia, Bulgaria, Uruguay and beyond.
If you are living somewhere such as Cancun (where I enjoy an upper middle class existence on a mere $600 to $800 per month) you only need about $10,000 per year to pay for your total cost of living, so if you have a salary of around $25,000 per year you can easily save up $30,000 in two short years, giving you more than enough to purchase a home, in cash, somewhere in another country (or here in Mexico). Then you can rent the rooms out to establish an additional stream of revenue, thus effectively covering 100% of your cost of living and rendering you retired…all for a mere 30k or so.
There’s a lot more to it than simple math, but that’s what the upcoming guides are for; to teach people how to do this for themselves and escape the hamster wheel of the American Nightmare. I’m here to take people on a step-by-step journey of how to establish your revenue streams to make a minimum of $25,000 to $30,000 a year (on top of whatever you are already receiving in pension or salary) and then successfully retire on that money in a short amount of time.
There’s also other options, such as living on bank interest. For example, if you have around $100,000 in the bank and can find a country where they have a roughly 15% interest rate account (such as a CD or investment account), you can be receiving $15,000 per year in interest income, which is more than enough to get a visa in most countries around the world and live a very comfortable upper middle class existence by merely renting a home, such as on the beach in Mexico or along the Black Sea in Bulgaria or the mountains of Colombia or in the countryside of France or Italy. The sky is very literally the limit when you learn how to survive as a digital nomad.
I know how much my life has changed since I took the plunge in late 2007, and I thrive on sharing that information with others and helping them unplug from The Matrix. Maybe it sounds silly, but I honestly get a rush when I meet a fellow digital nomad who tells me their success story and how they broke free of the system and established themselves as truly free and independent persons

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