Anyone else want to break free and go NEET for awhile? I've been thinking about and working towards it for a long while.
For those of you that want to live more freely: >What is your plan? >How far are you along? >When is your freedom date?
For those of you that have escaped: >How did you do it? >How long did it take? >What is your lifestyle like? >What are the upsides / downsides of your life?
As for me, I'm about 3 years from freedom. My plan has been to build up passive income so I could live off of it.
Wish I could, man... How do you build passive income anyway?
Blake Young
looking into switching from regular college to online college so I can either that or build up some more computer skills so I can be a contractor or someshit to begin building income (which I can hopefully turn into passive income)
a backup plan is to move to burgerland and just be stoned 24/7 (could probably become a wagie and be satisfied with the fleeting moments of phoneposting if i had a steady supply of WEED LMAO), but thats more a temporary solution to build up initial capital
Bentley Wright
drive RV into somewhere idk. live there or some shit. make sure a lake is nearby. eat fishes from lake or smth.
Asher Green
Buying property to rent is the simplest way.
In some regions and countries even in the developed world, as little as 20k us dollars is enough to achieve this. If you can rent it for as little as 500-800 dollars a month, thats enough to live on if youre willing to bum around south east Asia or whatever
Kayden Sanchez
So, mine has been coming mostly from real estate with now a bit of dividends too since I'm starting to put money into the market.
Normally, you need to buy passive income streams, but I've been experimenting with low-cost alternatives as well. I'm trying to do what's called "seller financing" on low-cost land parcels, where you sell the parcels by setting up monthly payments for the buyer.
LOL, stoned all the time! Sounds expensive though.
Yep, RVing is definitely one way to go. One of the reasons why I'm looking at land, though, is that you'll have somewhere to be. With an RV or tiny home or whatever, you still need a place to put it. A cheap piece of land solves that issue. I've seen parcels for sale for as little as a thousand dollars or less. The cheapest one I've seen was $100, but it was small and out behind another parcel. Still, that's not bad.
Nolan Richardson
You cant escape Society because *breath in* we live in a society (tm)
Robert Bennett
True enough. I guess what I'm trying to do is to minimize societal interaction and obligation. But that's a bit awkward, so "escaping society" is good enough.
Henry Reed
Yep, I can confirm that. Even around my area, I saw a home for less than 10k. It was 1br, but at the very least, you could get about 500 a month from it.
Buy up a few, move to Thailand, and you're golden.
Robert Sanders
Honestly working isnt even bad if you own a home thats paid off with no mortgage or rent to worry about.
It is the Mortage and Rent aspect which makes working feel like you are a slave. But if you do not have that looming Mortage repayment or Rent every month then you feel 100x less worried and stressed which makes work so much easier to deal with
How can you do this as a average person? Inheritance obviously.
I got a $400,000 inheritance and I bought a cheap $250,000 home outright and invested $100,000 and put the rest in savings. Work is honestly like a meme to me now, I guess it is because I can leave anytime I want, I am not locked to keeping working at the same place, no debt, not rent, no mortgage, investments, and a nice savings buffer. If at any time I want to leave work and tell them to fuck off I can, just knowing this makes it 100 times less stressful for me
Owen Bennett
I agree to a certain extent, but I'm in the US, so paying my mortgage off doesn't make sense. Instead, I just put my cash into more passive income and that is paying some bills. It is pretty liberating.
I didn't inherit anything (my folks are still around, thankfully) but you can still free yourself if you are smart about your expenses.
Liam Butler
I think what a lot of wagies fail to realize is that, if your goal is the cessation of work, then your work is a way of building up capital in order to invest it into your own contribution to the market. It means international factories do your manufacturing, online professionals make your logo, search engines place your ads, having virtual customer service, etc.
In my mind, passive income is a massive investment of research, construction, and organization up front. If you can survive for 6 months to 1 year, you can hopefully get enough profit to sustain yourself as a NEET at that point while using the 4 hours/mo of work that you need to do to sustain it.
You can't leave society. Even as a NEET, you are part of the system. Actually, it's the system itself that forces people into NEETdom. It REQUIRES NEETs.
Daniel Butler
>your work is a way of building up capital in order to invest it Exactly this. You need to front-load your contributions so that you can get to that "coasting" phase.
True. See this
Jackson Evans
I guess I should correct myself. You may or may not be a NEET if you own the company because you're not really employed. But you would be able to sustain a hikki lifestyle rarely communicating with the people who are making sure the cogs on your money machine turn.
If you are so fortunate to enjoy the process of entrepreneurship, you could continue to create businesses/expand your offerings/improve your offerings/skype consultants while you have anime open in another browser.
>You may or may not be a NEET if you own the company because you're not really employed. Well, it's a fine distinction, but I'd say as a business owner, you really aren't a NEET.
Kayden Johnson
>tfw comfyposting inside a free RV with solar panels and satellite internet on an empty piece of land I just wish I didn't have to drive 2 hours to buy vegetables or an hour to pick up my Amazon groceries and everything would be perfect.
Yea, the distance is the bummer if you do go for a more remote piece of land. And you're not close to emergency services either. If you get hurt or there's a fire, you're basically fucked since help is 2 hours away.
How long have you done the RVing, user?
James Garcia
I agree. I just used to have this idea of a business owner as someone who contributed to the discourse of a company. There'd by hundreds of people working under them and they'd be paying rent on a building, traveling to negotiate with clients, etc. You'd be working in excess of 40hrs/wk to be an owner, right?
No, you just have to make sure nobody who's managing a part of your supply chain shits a brick and, if they do, find somebody else. The dirty secret is that other parts of the supply chain probably have ideas for replacements too. For example, if you're making quilts and some cotton company has their production building burn down, the quilt stitchers probably know of another cotton production company that's just as good.
Brandon Mitchell
Right, that's what the eMyth is all about. Work on the business, not IN the business
Dominic Parker
Two years now. Winter is a bitch and the cost of propane is up 40% this year.
Charles Butler
I want to escape people in real life mostly, but I gotta talk to people... to get enough money to escape... so its mainly my problem. hahaha. Ironically enough I'm the one who actually needs to leave and I can't,
Kevin Garcia
I make six figures but I still have chains. They're golden chains, but they're still there.
I need to get into multiple income streams so my life isn't dependent on pleasing one employer.
John Young
Ouch, 40%. Sounds like you need to put some money into more insulation? Most RVs are not really designed for full-time living.
Yep, cash is always a big step toward being NEET. But it's not the only one, honestly. I was NEET for awhile and the boredom got to me because I didn't have a plan for my time. After about 6 months, I felt like my life was slipping away, so I've been trying to find a new dimension to life.
Google mr money mustache, it's a super-good site for folks like us.
Mason Gray
>tfw live very frugally >meager salary, around 1200-1400 eurobucks a month >Save up 12k in just over a year, totaling to a net worth of 14-15k >Think about quitting work and NEETing it up for 2 years (living expenses 500-600/month)
I want to do it so bad but i realize if i quit my job now i doubt i'll ever get another one. Also my family and friends will hate me
