How do you manage Money/Finances like a boss if you're an Expat?
How do you manage Money/Finances like a boss if you're an Expat?
How do you keep up with your finances while living abroad?
Do you still invest in Stocks, Index Funds, Crypto?
What's your story?
Lets talk.
Do you still invest in Stocks, Index Funds, Crypto?
What's your story?
Lets talk.
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- Freshman Poster
- Posts: 164
- Joined: June 16th, 2022, 11:28 am
Re: How do you manage Money/Finances like a boss if you're an Expat?
live under what you can afford
Re: How do you manage Money/Finances like a boss if you're an Expat?
Appreciate your feedback brother. This is the only way to thrive is not to keep up with the jones and live below your means. Good point.
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- Freshman Poster
- Posts: 164
- Joined: June 16th, 2022, 11:28 am
Re: How do you manage Money/Finances like a boss if you're an Expat?
I have a few million dollars in real estate, though highly leveraged as in rent pays mortgage and now make zero on it, but in 20 years from now its mine without debt. that's how I safely expand my wealth.
In asia when travelling I can afford more than I spend average 2500-3000/m while I can afford more. i stay in 4 star hotels when i can afford 5 star easily
- Natural_Born_Cynic
- Veteran Poster
- Posts: 2507
- Joined: November 17th, 2020, 12:36 pm
Re: How do you manage Money/Finances like a boss if you're an Expat?
Real estate is a way to go. Don't invest in Crypto. I seen many crypto investors lose their money in South Korea and in the U.S.
Your friendly Neighborhood Cynic!
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- Freshman Poster
- Posts: 164
- Joined: June 16th, 2022, 11:28 am
Re: How do you manage Money/Finances like a boss if you're an Expat?
absolutely, see all people with money on FTX; I know more than 5 people who lost 1M+ each on their FTX accounts, 30+ people who lost in total 10m+ with luna/anchor/cefi platforms as voyager/celcius, etc and others on scamsNatural_Born_Cynic wrote: ↑January 3rd, 2023, 8:39 amReal estate is a way to go. Don't invest in Crypto. I seen many crypto investors lose their money in South Korea and in the U.S.
Re: How do you manage Money/Finances like a boss if you're an Expat?
I still focused on buying crypto, but in a smaller amounts. But most of my holdings are from Blue chip stocks and Total market Index funds with International + Bonds diversification. (Not a financial advice) but, always do you DD when invest, and invest what you can afford to lose.Jackfruits wrote: ↑January 3rd, 2023, 2:57 pmabsolutely, see all people with money on FTX; I know more than 5 people who lost 1M+ each on their FTX accounts, 30+ people who lost in total 10m+ with luna/anchor/cefi platforms as voyager/celcius, etc and others on scamsNatural_Born_Cynic wrote: ↑January 3rd, 2023, 8:39 amReal estate is a way to go. Don't invest in Crypto. I seen many crypto investors lose their money in South Korea and in the U.S.
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