What is Capitalism but a way of life for many who want to get rich. Communism gets a bad rap for its ability to stifle innovation and effort. However, when you look at Communist China, growing at 7-9% GDP per year, do you really think its citizens have no desire to improve their living standards beyond what is generally proposed?
We all have an inherent nature of wanting to do better. Not only do we want to continue improving, we also want to one-up our peers! After all, what’s the point of making $100,000 dollars a year if everybody else makes the same?
We learned a good amount about how the happiest people on Earth live after my 2.5 week trip to Scandinavia. So, I decided to take a trip to Chongqing, one of the fastest growing cities in China to learn more.
Synopsis: When we’re not talking about ways to make more money to help other people and live better lives, we’re talking about ways to save money on fantastic experiences. This post is part 1/2 of a travel hack rarely discussed. It sets up the stage and provides some insights into more extravagant spending. We’ll also explore whether more luxurious living is really worth the price. Hope you enjoy and stick around for part 2!
One of the weirdest money phenomenons I’ve noticed is people spending way outside their normal limits while on vacation. It’s as if we enter a casino where money has no value because everything is clay chips.
I’m on a financial journey just like all of you. The only real difference may be that I record my thoughts and feelings about my progress publicly. I do my best to be as authentic as possible. By sharing what we know, we’re able to learn from others. I think we all have blind spots that need illuminating.
When asked about career advice, I always recommend people just follow the money. New York City has all the financial firms. San Francisco has all the tech, internet, and venture capital money. While Washington DC and the surrounding suburbs have all of our tax money to spend on massive government contracts!