Is A Location Independent Life Cheaper Than Living In One Place? Just How Much Money Do You Need? A 12 Month Breakdown.

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Photo by noahwesley

There are some things in life that are just accepted; the notion that a life of permanent travel is expensive and only for movie stars and famous people is one of them.

In this post, I might just blow that myth right out of the water.

I mentioned a while ago that I’d be sharing the nitty gritty of the financial aspects of our location independent lives. It’s taken me a while to trawl through all our bank statements, pull off the data and then do something with it - and in between some rather major bouts of procrastination and a few long walks on the beach this weekend, I finally sat down to pull it all together.

If you keep reading, these are some of the things I found out, which you might be interested in too:

  • Whether a life of permanent travel is more expensive than living in one place all year round
  • The cheapest place to spend a month and still live like a King (or Queen in my case)
  • What major mistakes we made last year and the things we’re doing differently this year which means we’ll save a whopping £6k ($12k)

So without any more waffle…here’s the analysis:

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LIP Links for 13.02.08

Flip-Flop Purse

These are quite a clever solution to keeping some cash and cards safe…especially when you go to the beach.

World Taxi Meter - International Taxi Fare Calculator

A very useful site for checking out cab fares to your required destination in Barcelona, Boston, London, Madrid, New York, Paris, Prague, Rome & San Francisco.

Earth Hour

Are you taking part? This is your chance to show you care about the well being of Planet Earth…by doing nothing but switching off your lights. Check it out and take part.

A Brief Guide To Getting Paid Online

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Photo by wajakemek

This is  a brief guide to one of the most common questions that we’re always asked:

“How do clients pay you?”

The tools and tips below are based on personal experience only - and I appreciate that many of you will have your own tips, good & bad experiences and learnings to add to the conversation, so please do add them in the comments!

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Ask The LIPs: How Do You Earn Your Income?

Many apologies for today’s late “Ask The LIPs” post…there’s no excuse but there are reasons!

We’ve had a slightly hectic time since arriving in Cape Town, what with having to find accommodation for the next 3 months, a sudden rush of business to deal with and generally being restricted on internet connections since arriving (connections are great but we’ve had to use the Skyrove wireless service which has been relatively expensive).

Fortunately, we’re now settled in our ‘home‘ for the next 3 months and things can get back to normal…

So today’s question is this:

What business do you run or plan to run to generate an income and enable your location independent life?

And last week’s winner of the ebook is…

Justin from An Audacious Man. Justin - I loved your introductory sentence and total honesty when you said…”At this point in my life it is really, really, sometimes-I-curl-up-and-shake-ly difficult to try to get back on that dream again“. I have total respect for anyone who has a passion and pursues it. A copy of the ebook will be winging its way to you soon.

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