Blog Post

September 2019-Net Worth Update

September was another great month for the growth of my Net-Worth. I increased my Net-Worth by $1500 this month!
My strategy this month was to control my spending and smash debt with the rest. Mission Accomplished! This post will update the status of my  debt, assets, and Net-worth.

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How I live in another country on my journey to Financial Independence

One of my goals in life is to become financially independent. This means that assets I own produce enough income (passively) to support my basic living expenses. I was well on my way to accomplishing that goal until 12 months ago…
I made the decision to quit my job and move across the world.
Why in the hell would I do that?
I have no clue.
If I had to answer (at least this is what I told my mom), I would say that  I was at a personal “cross-roads” at my old job. I had to internally commit to a career there, or look into pivoting into something else. Shit or get off the pot.
I looked at my coworkers, mainly the ones who worked with the company for more than 5 years… and I knew it was time to get off this pot.
In the back of my mind I reached another dilemma. I wanted to keep my dream of financial Independence moving in the right direction, but I also had these dreams of travel and experiences in my 20’s.
So… I did like every other millennial does… I googled “how to travel and make money”. And there it was… staring me in the face. “Teach English in Asia and make your travel dreams come true”.
For the next three months, I became obsessed with the ESL (English as a Second Language) industry. I could quote estimated salaries from countries all over the world. I could even tell you dozens of second hand stories about other peoples experiences, good and bad.
Fast forward 6 months and I am on a flight headed to Shenzhen China. I wish I could say I never looked back, but if I did that would be a lie. I constantly find myself thinking where would I have been financially if I didn’t decide to move to Asia.
This post is to help you…, well mostly me, understand the true cost of Teaching English in Asia on your journey to financial Independence.

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Why Are Engagement Rings So Expensive

I am so blessed to have someone in my life that is willing to put up with random obsessions, constant rants about money, and my constant need to be alone. After some time (6+ years), I’ve come to the conclusion that this is probably the person that I want to spend the rest of my life with.
After coming to that conclusion, I sit down at my computer and start shopping for the one thing that is “supposed” to show that love to someone. The one thing that is “supposed” to be a symbol of how much I care.
What do I discover instead?
A f****** (excuse my language) industry that is taking advantage of peoples’ emotions by over-charging them for an item that is ‘supposed’ to make them happy.
The prices of engagement rings are ridiculous!
This post is going to cover a brief history of the engagement ring, how much they cost, and what people actually spend on them.

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August 2019 – Net Worth Update

So… Its time to update my monthly NetWorth Update. I wish I could say that I had an exciting and eventful month filled with adventures across the mountains of China, but most of my time was spent tutoring little kids online with VIPKID. Fortunately, this kept my expenses pretty low.

I also  hit a milestone, by making the most money that I’ve made with VIPKID. There was also alot of activity in the stock market that affected my assets column.
Overall it was a great month with a positive NetWorth growth.

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The Cost of Living Abroad: Shenzhen China

I LIVE IN CHINA! I never thought those words would be coming out of my mouth. Let alone posting them on internet.  Teaching English Abroad has given me the opportunity to live in another country and continue down my road to Financial Independence.

How much does it cost to live in China? Is it cheaper than the U.S.? Well… I can answer that question now: yes , but not for the reasons you may think.

To show you an example of the cost of living, I tracked my expenses for 30 days. In this post, I will show exactly how much I spent for 30 days, while living in China. I’ll go over the following expenses: HOUSING, FOOD, TRANSPORTATION, FITNESS, and MEDICAL. Continue reading “The Cost of Living Abroad: Shenzhen China”

How I Make $3000 a Month From Home!

From driving drunk people at 2AM, to picking up electric scooters, the gig economy in the United States (U.S.) is BOOMING! It isn’t even showing signs of slowing down. I’ve invested my fair share of time behind the wheel as an UBER driver. Fortunately,  I quickly began to look for something more lucrative.
For the past year, I’ve been working as an online tutor with VIPKID. VIPKID is a Chinese  company that gives Americans and Canadians the opportunity to teach English to Chinese Students.
This post summarizes my experiences thus far. Specifically, I will talk about how much money I’ve made, the pros, the cons, and how you can get involved with the company.

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July 2019 – Net Worth Update

  • Hello WTFier’s!  I know I’ve been MIA for the past few months. Sorry. Life has gotten in the way of me posting on this blog. Since my last post, I’ve made a trip back to the U.S. for a graduation, I quit my ESL job (Yes, I said it), I started a new ESL job, and I traveled to the Philippines for a 4-day vacation. I hope this post shows you how these things affected my life  financially.

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6 Things To Look For In An ESL Contract

Six months ago I opened my computer, clicked a few links, had an online video interview, and started the process to move to China.  What type of “grass” was I smoking! If you’ve ever heard the quote “you don’t know what you don’t know” then you know exactly how I feel. I wish there was a checklist that could guide me through the negotiations and contract. Recruiters & owners will say whatever you want to hear to get you on that plane and commit a year to their company.

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February 2019 – Net Worth Update

February 2019 – Net Worth Update

February was another positive month for the net worth. We celebrated our first Chinese New Year in Shenzhen. Unfortunately, the city was completely empty, because Chinese nationals all migrate to their hometowns during the holiday. Since Shenzhen is a relatively new city (Less than 40 Years old) it doesn’t have many “townies”. So rather than celebrating Valentines Day (Thank God), we spent most of our time exploring the deserted city and Continue reading “February 2019 – Net Worth Update”

Why I Can’t Travel Hack & You Shouldn’t Either

Travel Hacking is becoming extremely popular in the Financial Independence (FI) Community. For those of you who don’t know, travel hacking is taking advantage of credit card sign up bonuses by hitting the minimum spend and canceling the card. If someone completes this cycle multiple times again they can accumulate large amounts of credit card reward points. Those points can be used to purchase travel (Aka: expensive plane tickets), book hotels, and even rent cars. Travel Hacking is a great way to save money on travel, but unfortunately it is not for me. Therefore, I will not recommend it to anyone else.

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