Today we have a guest post courtesy of Gregory Elfrink of “Greg in Motion” (Facebook). Here he talks about a subject that’s near and dear to my heart – Living the lifestyle YOU deserve. This article definitely gives a kick in the butt to get going on the dreams you want to achieve. So take it away Greg…
How much does it take to live the lifestyle of your dreams?
In fact it takes hardly anything to really get going on it. Most people get stuck thinking “Oh I’ll do that once I am making 7g a month… 10g a month… 20g a month…” and they never really get to live their dreams out.
As their money increases, so does their worry about that money. Or this idea that it just is not enough to go on a yacht around the world and see everything they could ever want to see under the sun.
The cold hard facts is… you’re lying to yourself.
In the game of lifestyle engineering, it’s not how much you make that counts… as much as how you make it.
If you’re making 20g a month but you’re working a 9-5 that you have to commute to everyday… yeah you’re never going to make it. The real riches in the game of lifestyle engineering is having what is known as geographically free-income. Or in other words, money that is not dependent on any one region for it to keep coming in.
At least not where you have to be in that location at the same time.
So how much does it take to live the lifestyle of your dreams?
About 2,000 to 3,000 dollars a month of geographically free income.
Think about it. If you made dollars, paid people in rupees and lived off of pesos… that money goes very far!
I have a friend in Costa Rica who paid less than 1,000 dollars a month in rent, his house was on the beach, he got a maid and a pool cleaner (Cause he also had a pool behind his house), he had coconuts growing on palm trees right outside and he had a protected estuary of land where he could go white-rafting through anytime he wanted.
That’s dirt cheap. Considering that same amount of money would give you a studio apartment if you’re lucky in my hometown back in Alaska.
You can live in famed cities such as Buenos Aires for pennies on the dollar. Visit exotic locales like Beijing or Thailand for little to nothing.
Or maybe you’re more of a home-body? Want to keep living in the states? Well the dream is just as real here.
The upkeep of a really nice motor-home month-in and month-out is not expensive at all. Now of course if you have a family you’ll need a little bit more money if you plan on staying inside the USA.
But it’s achievable. So how do you get there?
You want to constantly be on the lookout for ways that create cashflow to you, but all of these ways must have two things in common.
Leverage – No leverage means you’ll always have to be working. If you’re always working, that means you’ll never be able to engineer your own lifestyle. You’ll become a slave to your work even if there is no boss.
Geographically-Free-Income – The program or business that you’re part of or create, needs to be able to produce income no matter your location.
Here are some quick business models you can research that can give you this type of lifestyle:
- Internet marketing
- Affiliate marketing
- Network marketing
- Blogging (Which can include 1-3)
Those are the simplest models to start within to start pushing the envelope towards your freedom. Just remember… it does not take that much…
Also remember, that greatness is the sum of little efforts combined. Never forget the power of compound effects!
So do some research and start your journey to become your own lifestyle engineer.