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Russel |
One day, circa 2012, we were sat drinking Leo in his dream retirement home when I asked if he missed working?
"Ain't got time for a job Steve" he slurred, stubbing out a joint as we gazed across the Gulf of Thailand.
No time for a job? Is there any truth to that? Let's look at today's routine:
0830 Wake up. Coffee in bed.
1000 Cycle 2km to the cafe for an omelette and coffee. Chat to friends.
1300 Cycle home. Chill.
1400 Gym
1500 Sauna and massage (yes 4hrs!)
1900 Evening feed
2000 Home. Blog. Youtube. Online chat. Learn Khmer. Research finance. Etc.
2359 Sleep
There doesn't seem to be much time left for a job. I'm beginning to see where he was coming from. Was scratching me heed then ..... but not now.
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Street near apartment |
But how much does it cost to not work? Well, not very much at all. Providing one is willing to eschew decadence and embrace minimalism.
Budget

However, I shat $87 of that on the following one-off purchases:
$45 Laptop battery
$10 Shirt and printing
$5 Battery powered lamp
$20 Massage
$7 USB 8GB stick
These purchases were essential as they enabled me to generate additional income as an online English teacher. Thus, this $87 is more of an investment. Subtracting it from the $444 leaves $357.
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The beast of Battambang |
Some retirees complain of boredom. Not me. It's been 4 months and I haven't felt an ounce of it. In fact I've appreciated every moment of not being in some shitty full time job.
People might look at $360/month and think "I couldn't live on that." Well, I'm here to tell you, with a bit of self-discipline, you could. Easily. I'm reminded of something Dave said recently when he was explaining how he could live on the Cambodian minimum wage:
I wouldn't just survive, I'd thrive.
It's all about your mindset. I guess.
Work

With time on my hands, why not try something new and legal? So I did, I ventured into the magical world of online teaching for $18/hr. I teach 3 x 25min on Monday, Tuesday and Wednesday. So 4.5hrs/week for $324/month. Not too shabby.
$550 + $324 = $874. More than covers January's $357. Perhaps I'll start throwing in a few luxuries? Push the boat out a bit? I could even increase the online hours and eat lobster. Though anything over a 5hr-work-week is taking the piss.
I've really enjoyed it so far. You don't have to go anywhere. No monkey-suits. No exams. No assemblies. No planning. No meetings. It's superior to a bricks-n-mortar school in almost every way.
Battambang has its fair share of power cuts so a good laptop battery, a battery-powered lamp and a 4G data package are essential.
Battambang






His situation is no different to those abused Filipina maids you hear about in Saudi.


Set new goals?
Don't just survive ..... but thrive?
Go for it. Did you ever get back some money from Grant Thornton?
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DeleteGood blog. What are you main dividend stocks? Yields?
ReplyDeleteThanks.
http://www.awolgeordie.com/2019/10/financial-independence-retire-early-fire.html
DeleteHow much does 4hr sauna and massage cost?
ReplyDelete$6. 1hr massage. 3hrs of hot/cold tubs, steam room and sauna (or as long as you can handle).
DeleteParadise matey.
Delete