Arbitrage can be described as buying and selling financial instruments in different markets to profit from foreign exchange price fluctuations. Can apply this to lifestyle design to create exciting forms of arbitrage.
Living in a climate you choose is an excellent reason to live a location-independent life. If you are looking for a more temperate climate, you can spend a few months in the mountains of Washington State. If the weather is too cold, you can enjoy the sun and fun on Rio de Janeiro’s beach. You can reach Rio in the coolest part of the year, so you don’t have to wait until the heat is gone. However, it is still great weather to visit the beach.
Being a nomad has its advantages. You can use currency from one country and move to another. Your money will go far in your new place. A person who has lived in a first-world country for three years can
afford to live with a third of what it cost to get the first world. This is often a much higher standard of living than the one they were born into.
The most significant advantage of “Going, Nomad” is the ability to work wherever you like. Living is when you can spend New Year in New York and Carnival in Brazil. While many people living in cubicles wish to have such a life, few take the steps necessary to make it a reality.
What we are really talking about here is lifestyle arbitrage, leveraging your experience, talents, and Lifestyle arbitrage is a way to leverage your talents and passions to create a better life for yourself. Countless people today are choosing to live a location-independent lifestyle.
Source by Sid L Owsley