The value of money is very different than the dollar amount. $8 in America will get you a cup of Starbucks coffee whereas it might get you an entire meal including drink and dessert in another country. You imagine rent to be $2,000 but people in other countries might be paying only $200 for a similar size apartment. It’s really hard for Americans to wrap their minds around $30 dental cleanings, $250 full-time domestic help, and $7 cell phone bills. If your world shifted so the salary you get paid could give you luxury, abundance, and calm - then you wouldn’t feel overworked anymore. You only feel overworked because that paycheck isn’t giving you a desirable lifestyle. Even people who get paid “a LOT” can feel overworked because they have created a life that isn’t fun, relaxed or purposeful. Moving abroad gives you the opportunity to curate and design your life. 🆘🇺🇸 #creatorsearchinsights
@nomadveronicaTranscript
Here's something that Americans don't understand about their day jobs. You are being overworked and underpaid because your salary will never keep up with the cost of living. You'll look at your salary and you think to yourself, "I get paid a reasonable amount, but reasonable is no longer reasonable when your actual costs have gone up out of pace from what your salary has gone up." Every year you feel like you're getting ahead because the dollar amount on your paycheck goes up. But what you're not accounting for is that the costs, especially your fixed costs for things like healthcare, rent, food, those things are going up faster than the paycheck. One of the reasons why moving abroad with your American salary is so beneficial is because the cost of living in those other countries is much, much lower. Now, that's because the people in those countries make much, much less than the United States salaries that you're used to, but that allows you to take your income, remote income, freelancing income, income from rental properties you might have, whatever money you're earning in US dollars, you're going to the new country and you have a higher standard of living because that money is basically worth more. Even though you think it's the same amount of money here or there, it's not because the cost of living in that other country is significantly lower than you're expecting. You think you're going to take that money and go also have rent that's $2,000 in the new country, but you're not. You're going to have rent that is significantly lower than you're used to if you pick the right country. You don't have to keep working 40 hours a week to earn that paycheck and barely stay afloat. You can take that paycheck from the United States and move to a new country. You might still be overworked, but you will no longer be underpaid and that is why you see so many expats on this app telling you how great their lifestyle is in the new country. It's not because they started making a significant amount more money. It's because that money is worth more in the country that they have chosen. The best way to get off of the hamster wheel in the United States is to leave. Take that money, make it worth a lot more by moving to another country and enjoy your life. If you've never seen me before, I'm Veronica. Five years ago, I took my family out of the United States to a country that had a significantly lower cost of living and that allowed us to live so much more freely. We had extra money. We didn't feel the squeeze and the work that we were putting in no longer felt like such a burden because we were having the lifestyle on the other end of that working that we felt we deserve. That's the difference between boomers and the generations of today is that they got the lifestyle that they felt they deserve at every level of their career. Their salaries kept up with being able to give them the material benefits of that salary level. But these days, we cannot catch up. We do not have the things at the different salary levels that we would expect to have. We aren't able to buy a house as early. We aren't able to have kids as early. We aren't able to go on the vacations or get the fancy car because the salary isn't keeping up with the costs of all of those things. Our lifestyles are very different. Even though the dollar amount looks higher and a boomer would say, you make six figures. How is it possible that you're not happy in getting ahead because six figures now looks so different than six figures did when they were going up through their careers. They were earning a salary that allowed them to get the big novelties in life and give them that satisfaction that the work is having a benefit. If you're of a younger generation, the way to make that work have the benefit that you're expecting is to take that money abroad and enjoy a lifestyle that other countries can provide because that cost of living is so much lower. I hope that makes sense of why you're feeling overworked and underpaid in the United States and how you can still feel overworked but feel paid sufficiently right by taking that money and moving out of the country.
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