(Barefootjournal.com) The 4 Cornerstones of a Location Independent Lifestyle
The 4 Cornerstones of a Location Independent Lifestyle
The 4 Cornerstones
Guide to Location Independence
2) Passive Income
Note: nowhere in my writings or in my Location Independent Guide do I state that any of the following factors are
critical to Location Independence:
1) Language Skills
Arbitrage is the ability to live in a cheap market but earn in an expensive one. You can live a millionaire lifestyle at
If you are location dependent, you are paying a premium for your lifestyle. You are paying double for your house,
utilities and cost of living. You have to maintain an expensive car and travel to work. These costs all add up and are
just an extra tax on your income.
Without these overheads you can not only save more money but live a better lifestyle. What if you could live in a
luxury 4 bedroom villa by the sea with pool for the price you’re paying for a 1 bedroom apartment back home?
Now we’re talking. This is the power of arbitrage and I’ll explain how it works in my Guide to Location
Full Location Independence needs Passive Income. I mean the ability to make money while you sleep. If you have
a well paid job, what happens when you stop working, take time out or want to travel? You lose the money. But
Passive Income keeps on rolling.
In “Fire Your Boss Sell Your Car Travel the World” I’ll show you how to start building your base of Passive Income.
Using the internet there are many sources of Passive Income available today from online publishing to teaching.
Use your existing skills to start building a small base of Passive Income right now and you also start your journey
towards Location Independence.
You will need access to the internet above everything else. Flights, shopping and entertainment are important but
without the internet you are stuck.
Location Independence requires good internet connections but there are many places you could live.
In my book Fire Your Boss Sell Your Car Travel the World, I’ll show you where the best places for internet
connectivity are, what to expect and how fast you really need it.
You can’t be Location Independent if the place you want to live won’t let you live there. You don’t want to be
hopping around like a tourist, never connecting with the local culture. You might be able to live for a short term
under tourist visa allowances, but the goal is to stay longer, enjoy the culture and immerse.
You need to know about visa and residency requirements beyond the standard tourist visa. Some countries are
easier than others. Some are downright headaches. I’ll share with you what I know about the processes and pitfalls
of living beyond the tourist visa in my Location Independent Guide.
Fire Your Boss, Sell Your Car, Travel The World
I yearn for mountains that I have never seen
5 Things I learned about running a business from a tropical island
The Ultimate Location Independent Cheat Sheet: How many days can I live in [INSERT COUNTRY] for
Nothing is more dangerous to the adventurous spirit within a man
I’m really looking forward to… (a clue to where we’re going)
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