So often, we think of investments as being purely about dollars in and dollars out. If you put $10,000 into an investment with an average return of 7% a year, how much do you make after 10 years? Is it better to pay taxes on that money now, when you put it in, or when you start withdrawing later?
That’s great, of course, but I like to think of investment in broader terms. For me, an investment is when you spend some resource—money, time, energy, goods, personal capital, etc.—and receive something in return for that resource—money, time, energy, goods, personal capital, etc. In other words, almost everything we do in our daily lives can be perceived as an investment of some kind.
It seems right now you can’t open Facebook/Instagram/YouTube for all the stories of people who’ve quit their jobs and are traveling the world, fueled by their total determination to say ‘screw you daily grind, I’m gonna get me some traveling action’. You hate these people, but you also wish more than anything that you could be one of them.
Take it from someone who had one of those ‘screwit’ moments, packed her bags and skipped off to Australia — you can do it, and more than that, you should. Living abroad is one of the most liberating, confidence boosting and downright incredible experiences everyone should experience at least once in their life, before houses, kids and reality really hits. So read on, believe in yourself, and discover just how making the move will make your life SO much better:
Working in a foreign country is a unique and wonderful experience. It provides insights into a country that isn’t your own. It exposes you to a different culture. And it allows you to learn a new language, meet new people, and get a new perspective on the world. It’s an experience not many people get a chance to have. But, as a traveler, you have a better opportunity to take advantage of this than most other people.
Traveling costs money, even if you are a budget traveler or a backpacker. And sometimes we don’t have the money to travel like we want. Sometimes we just don’t have any money. And other times, we fall in love with one place and just don’t want to leave it. No matter what your circumstances are, working overseas can be a great way to solve your money problems and allow you to live abroad.
If you were to take most travel blogs at face value you would be forgiven if you thought that working abroad was a constant barrage of fun times and memorable experiences. While there may be some of those moments, the reality is that you will likely face even more difficult situations than an equivalent job in your home country. No matter what way you choose to earn your income abroad, these are some of the difficulties you must overcome in order to be successful.