Passport Bro Wisdom: Traveling for a Better Lifestyle

New York is an amazing city. What a grand city, full of life, beautiful people, entertainment, shopping and energy. I love it. Always enjoy coming to the city for business and pleasure. But boy does that place drain your wallet. It is the epitome of America, you can have whatever you want but you gotta pay for it. Even for a guy who lives in San Francisco, New York feels damn expensive. For the well heeled individual it’s very easy to feel poor here. 

It reminds me of something Tai Lopez said in an interview. That happiness in your life is determined by where you live. You don’t always need to have billions. If you are a billionaire, even a place like New York can make you feel poor, because you are surrounded by deca-billionaires and everything is excessively expensive. In fact, you might be better off being a multimillionaire in a small town. It’s all personal preference and knowing yourself. 

But location really does drive lifestyle. In fact, someone making $30,000 a month could live like a kind in Thailand, Taiwan, Albania, Georgia, Brazil, Bali or the Philippines for example. The lower cost structure allows you to live a way better lifestyle than you would back home in a place like SF or New York. Geo-arbitrage. 

Which leads me to “Passport bros” which are a derogatory term for the young males who end up going to live in other, usually poorer countries to meet women. Not my favorite type of people but I think the passport bros might be onto something in their search for a better and more cost effective lifestyle. 

Every time I come to New York, I get a reminder of this. I think why not both? Be able to afford to live in the expensive & awesome cities of San Francisco & New York but offset this with time in my favorite places that happen to also have lower costs like Italy, Taiwan, Japan, Albania, Georgia & Ukraine. That sounds like a great life plan to me.