The cost of living is one of the primary reasons people are choosing to live abroad as expats, because the more you can control your wealth the more you can control your freedom, to a far greater extent than you ever could while living in the United States or in places like the United Kingdom. People seem to have forgotten the fact that the freedoms they enjoy in Western countries come at a price that continues to rise every year until people are no longer free but instead slaves to the clock.
Perhaps the easiest comparison to make for the uninitiated is between Mexico City and New York City. These two cities are both considered leaders in the global community in terms of population, banking, commerce and education. The cost of living in New York City is around $50,000 for bottom of the barrel living, but if you compare it to Mexico City you can have the exact same creature comforts and style of life for only $10,000 a year.
Think about the difference between these two cities for just a minute. Then reflect upon the fact that $40,000 is a lot of money to the average American, and when you consider the fact that these two cities are exactly the same on paper, you come up with a basic mathematical fact that even a child can understand. It is this reason that expats are choosing to leverage the power of cities around the world, because if a child can understand it, it’s a simple enough mathematical fact that adults don’t even need to think about.
This is what expat living is all about, and it is this reason that more and more people every year are choosing to live outside of Western countries rather than be held down by a prohibitive cost of living. When you can put tens of thousands of dollars a year back into your bank account, all while retaining the exact same amenities and style of living you had back home, there is absolutely no reason to stay in the U.S. or the U.K. when that freedom robs you of your bank account to the point where you are absolutely broke.
When you consider the fact that you can put tens of thousands of dollars per year straight into your pocket rather than spend it on a prohibitive cost of living, the level of control that you will be able to influence over your own life is so great that most people can’t even comprehend it. They’ve been told since the time they were children that the only way to get ahead in life is to spend 40 years slaving away in a corporate environment, but when you can have absolute freedom in just a few short years by living as an expat in another country, there is no reason to be a slave any longer.