About eleven
years ago we produced this video:
Adventures in Financial
Independence where we listed our annual spending and daily
average.
We like to
keep up-to-date with our Readers as to what our current spending
is, and as of the end of 2021 we spent $33,881 or $92.82 per day.
Plus we blew the $4000.00 stimulus checks on repairs in our
humble abode in the States. Our average spending for 31 years
of financial independence or
11,315 Days, is $23,583 annually or $64.61 per day.
At the same
time, our net worth has continued to climb outpacing inflation
after spending. Now entering our 4th decade of experience, I think we are getting the hang of this
lifestyle and
financial freedom.
Generally
speaking over these last 31 years, we have been utilizing
Geographical Arbitrage, living in cost beneficial countries such as
Guatemala,
Mexico,
Vietnam, and
Thailand, thus positively affecting our numbers. The
Peso-to-Dollar exchange right
now is a great deal, making
Mexico seemingly on sale.
We kept up a travel schedule in the 2nd Year of the Pandemic,
adapting to changing regulations. When others chose to remain in
place, we saw opportunities in bargain flights and empty hotels.
We visited both the US and all throughout Mexico, going
somewhere each month. Living in
Chapala, Mexico, an international airport is less than a
half-an-hour away, making air travel very easy.
Billy's a
beach guy, and we went to
our current favorite beach, Chacala, 5 separate times. But
we also visited Grand Cities like
Guanajuato,
Queretaro, and
Torreon, and the
Golden Triangle of Tequila Making,
Arandas and the El
Pandillo distillery. Akaisha made her yearly visit to the
States to visit family for 5 weeks, and then back to Mexico's
Pacific Coast beaches of
Sayulita,
Puerto Vallarta and
Puerto Escondido.
We
continue to self-insure for health care, taking advantage of
medical services in the countries where we stay. Now, since
we are 69, we qualify for Medicare and no longer need to take
out a Traveler's Health Insurance
Policy from
World
Nomads to cover our time in the USA. A few years ago at age 62, we decided to
begin taking our
Social Security. Billy has made some adjustments to our
portfolio using ETFs which allows him to buy and sell in
real time, and take advantage of market downturns, as well as
market upswings.
We continue to eat well, live and travel comfortably and make visits to the States
regularly
to see
family.
It's a GREAT life.
If we can do it, you can too!
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