A note from Daniel

Then you can go from making, say, 120k in San Francisco and spending 100k a year and having no savings to making 120k in Bali, Indonesia, but only spending 30k or 40k a year with a better quality of life. Now you're banking 70k or 80k a year, and your expenditures are only 40k a year. So every single year you work, you're building up one or two years of time off. That's time off you can use to start a company. It's like angel investing in yourself. This is another way you can become financially independent.

Daniel The Anthology Of Balaji, page 171 · February 16, 2024 Save to shelf
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