Yea, I was doing freelance programming for 1.5 yrs (moving on now to work on SEO stuff==> no more clients), I moved to Buenos Aires/Brazil to geoarbitrage, made a ton of money in relative standards and lived like a king on a relatively meager US salary. This year, off to India, Thailand, Vietnam, South Africa, and Kenya. Not a bad life :)
In 2008, I just quit - leaving my job at a small consultancy, which I really enjoyed. Initially, I was going to move country/head away travelling. But then it actually made sense to hang about for a bit for visa/residency reasons, so I found myself needing some work.
Somehow, I ended up with 3 simultaneous contacts, all for essentially foundation clients. Picked up a fourth a few years later.
First few months were nuts, working insane hours, but very quickly found a balance. After that, I managed to travel and be a sort of hybrid digital nomad, with a base in one country that I often returned to. I'd spend about six months in the Northern Hemisphere during late Spring and Summer, around four months in Southern Hemisphere for the their late spring/summer - and the other couple bouncing around the tropics.
Probably had a 12-24 month runway of cash if needed, but never actually touched any of it. No idea how to hustle for new work. But it kept coming in anyway. Stopped bouncing between hemispheres around 8 years later having settled in Australia.
Have now started a company with a co-founder and transitioning more to selling Saas products rather than contracting purely exchanging hours for cash. (I've never been able to get paid purely on value-based pricing)
I left my native Canada when I was 19 to write code abroad. I've since had work in four different countries on three continents. I might not end up being wealthy but I've enjoyed myself and don't regret a thing.
While in Paris working as a freelance nodejs developer, I built a website that was making me just enough to get by in South East Asia without having to work (a bit more than $1k/month)
So I left France, and while living on the money generated by this website, I tried to build a product
In the end, my website revenue dried up and I went back to France to work as a freelance developer, after a year of digital nomadism in SEA
I did this for a year in Brazil, and it was the best year of my life, and my clients and I were happy. Then I went to Thailand, and the time difference just totally fubar'd my whole working arrangement, and I ended up losing a very lucrative contract. I took 6 months off after that and travelled around SE Asia, but now I'm broke and my freelance career is dead in the water and I'm basically starting over from scratch. There's really no way to communicate how crushing it is to go from that lifestyle to living in my mom's guest room (I'm 31 years old for crying out loud) for the last 3 months trying to scare up some contract work.
The moral of the story is, never lose your momentum, and always tell your clients how much you love them. Now if you'll excuse me, I'm going to go get drunk and cry.
Yeah. I quit my job to work on it full-time and now I’m in North Africa living off my savings and an Airbnb’d bedroom. The quality of life is good and it at least tripled my runway.
I followed a very similar path, but to stave off boredom, I spent two years driving from Alaska to Argentina through 17 countries, then three years driving all the way around Africa through 35 countries.
They cost about the same per month as living in a city and going to work, so it's really not a big deal, financially.
I do some freelance writing for magazines, I've written a few books, I do speaking engagements. I have less money than when I was slinging code, and I'm about 9000 times happier and can hardly remember work stress as a thing.
I'm just about to set off on my next major expedition, and at age 39 I couldn't be happier I decided to quit the rate race when I did! I wouldn't go back for all the money in the world.
I did this for over a year with my wife and kid. I originally planned on quitting my job as a government contract and doing only freelance, but instead ended up working things out so I could work remotely ~4-6 hours a day. It was nice having a fixed schedule and fixed paycheck and it left my mind free to enjoy Uruguay, Brazil and Argentina.
I can't recommend it highly enough, it was surprisingly easy to do and definitely one of the best years of my life.
Been doing the same thing - Argentina, then later Thailand and Vietnam - while working on my startup and turning flash projects to pay the bills. Telecommuting from the third world is where it's at.
Made the arguable mistake of spending 9 months in Australia on my way to S.E. Asia and it ripped my pocketbook to shreds. That was when the AUD was almost 1:1 with the USD.
I started out like you: college -> grad school, after I got my PhD I was already 30+ with no savings. Then I did a post doc in Switzerland...then I took a job in China. Now I've been to most of Europe and much of Asia (not S. America though, too far). Now travelling doesn't bring me much excitement, but I do enjoy a nice luxury bungalow treatment every once in a while.
I've even met some of the guys coding on beaches in Thailand or Bali, they are quite laid back and zen. I'm not sure I could do it though, I'm still very much an American (meaning, puritan/work ethic roots), and would feel uncomfortable being out of the office for too long.
For my first trip I had a money saved up from part-time consulting and took out a credit card. I also sold my car. I really didn't care about the debt or how much money I would spend, I just wanted to stay out and away.
Of those first 12 months, I spent around 2 of them total working - spread out across that time. Most of it contract work.
I found some interesting work in Bosnia installing POS software and accounting software. There was a new consumption tax coming in and the government required electronic logging and submission, and nobody there in the IT industry had any experience with how to handle this.
The entire country was migrating from old physical paper based systems to electronic systems with internet based tax collecting overnight. I met a number of people in local IT and software businesses and helped them out. Despite the local average salary being $300 per month, I was paid well for the time I spent explaining open source and other commercial accounting packages to them and helping them out on the larger rollouts.
There is always an opportunity like that wherever you go - there is a gap in knowledge between the western world and the skills available in the second and third worlds, and you can exploit that.
Otherwise you can work for US or western based clients while living wherever you are. Most of the work I did in South Africa was for London based clients.
Register a business and open a bank account in a low regulation neutral nation, such as the Channel Islands, so you can do business from anywhere to anybody and not have to be tied up in a ton of regulation. Just don't forget to pay taxes on any income your bring into any country where you are a resident for tax purposes (usually 180+ days in a single year).
I did that basically, but I saved up enough to move to and live comfortably in SE Asia for at least 3 or 4 years.
I spend less then $400 a month, so maybe this lifestyle is not for everyone, and it's certainly not feasible with a family, but the move has totally changed my life. Before, I felt stuck and directionless. Now though, after a little less than a year of total freedom, I've finished two big projects that I'm proud of. I have a much wider range of skills and I'd be confident walking into an interview at a tech company. I hope I never have to though!
I would absolutely recommend a similar path for anyone struggling with the full-time work grind.
Hi. Yes I did some consulting work and also moved to a cheaper country temporarily.
Of course, I sacrificed a lot of potential income as I was mainly doing remote contract work and compared to London rates I could get it was a bit lower.
But it paid my bills and allowed me to do this while keeping most of my savings intact.
have u considered living abroad? I spent 3 years in silicon valley and got burnt out. So i just moved to vietnam, opened a bookstore and outsourced most of the work. Then I just went out a lot and traveled a lot since Vietnam is close to everything (thailand,singapore,indo, hongkong,etc). Best years of my life by far:)
If you can code well and get freelance gigs, and if you are completely flexible, you might want to consider becoming a global nomad. I'm sitting in Medellin, Colombia right now with a team of developers from around the world who are here because their money goes three times as far as anywhere else with this level of quality of life.
I've been traveling full time for the past 5-6 years ever since leaving a full time job in Silicon Valley. I've lived pretty much all over the world (now based in Eastern Europe).
I probably only make about $20-$25k a year off a few low maintenance projects, taking up random contracting gigs when I feel like.
The experience of seeing new places and meeting new people is priceless. No amount of money, equity or incentives can ever make up for that.
If I could change one thing, it would've been quitting my full time job even earlier.
Fortunately now I'm able to make enough as a freelancer that I'll be able to increase my income if necessary, but that's almost entirely due to having a lot of time to spend on learning web and software development while I've been here so far.
Cambodia is developing rapidly, but somehow I doubt that the kleptocratic government here will manage to turn this place into the next Singapore or Korea :)
Around 7 years ago, I went on a vacation to Japan and Korea and I had made more money after I came back from Adsense income. Decided I could do my job from anywhere and moved to Korea and been here since.
Worked for small software company for 4 years. wasn't interesting work but company was in Hawaii, so could surf every day. Travelled 8 months in SE Asia. Stayed home a while and 3 months in central American. I had some of the best times of my life. Not only fun, the culture is so different and amazing. Opens your mind in so many ways. The freedom of doing what you feel like without worrying of having to be at a job in a few weeks or months is priceless.
2 years after leaving my job, needing to find a job I feel like a have a huge gap in my CV. But it was totally worth it for me, maybe I didn't have prestigious job like yours but if you have worked for Google, you won't have any problem finding work if they don't want you back.
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