Making Six Figures While Living Abroad (NO W2!) to FI Even Faster

Nov 19, 2024

Brooklin Nash, a freelancer and agency owner, transformed his finances by embracing geo-arbitrage while living in Guatemala. He shares how he turned a meager income into a successful writing business, all while enjoying lower living costs and tax benefits. Brooklin reflects on overcoming a challenging financial upbringing, including paying off $80,000 in student loans. He emphasizes the rewards of balancing work with a fulfilling lifestyle abroad, showing that financial independence is achievable without a traditional W-2 job.

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ANECDOTE

Risky upbringing

Brooklin Nash's parents engaged in risky financial behaviors like pyramid schemes and penny stocks.
They were frugal yet experienced financial instability due to these risky investments.

INSIGHT

Earning vs. Saving

Brooklin realized that financial independence requires both earning more and saving more, not just frugality.
He and his wife shifted from extreme frugality to focusing on increasing their income.

ANECDOTE

Student Loan Payoff

Brooklin and his wife accumulated $80,000 in student loan debt after graduating from a private university.
They prioritized paying it off aggressively in five years, forgoing significant investments initially.

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