01 Aug Trading in Paradise
Continuing from yesterday’s post, living expenses such as rent or mortgage is the number 1 expense in everyone’s budget and it can be as high as 50% of your total budget each month especially for those who live in an expensive city. No wonder some traders can’t take the plunge and go into trading full-time for a living. However, as we discussed, trading offers you the ability to work from anywhere in the world and all you need to do is live in a place where the cost of living is much lower. Let me share with you an idea where you can literally trade in paradise much sooner than you think. One of my students brought to my attention of the benefits of living in Hondouras. It’s a tropical and more importantly, a safe country where there is sunshine year round. The cost of living is incredibly low as you can live like a king for under $1k/month. Do some research online on other tropical paradises and you may realize the dream of trading in paradise can become a reality.