284: Escaping Inflation Through Location Arbitrage
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Johnny and Derek discuss one of the best strategies to escape inflation: Location Arbitrage. For those of you that can work remotely or do not need to work, living in a cheaper place is the easiest way to get the most bang for your buck. Johnny explains where he has decided to spend the winter at and they compare prices to where Derek is at in Los Angeles, a notoriously expensive place to live.
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\\nDiscussed:\\xa0
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- Big Mac Index \\n
- Numbeo Cost of Living \\n
- $16 Big Mac Story \\n
Where we are:
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- Johnny FD \\u2013 Kyiv, Ukraine / IG @johnnyfdj \\n
- Sam Marks - Bangkok / IG @sammarks12 \\n
- Derek \\u2013 Los Angeles / IG @DerekRadio \\n
Sponsor:
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- MasterClass
Boost your confidence and find practical takeaways you can apply to your life and at work with MasterClass. Our listeners will get an additional 15% off an annual membership at MasterClass.com/ILAB \\n \\n - ILAB Patreon
Join the Invest Like a Boss Patreon now and get tons of bonus content, including additional episodes, full quarterly updates including account screenshots and more for as low as $5/month at Patreon.com/InvestLikeaBoss \\n - 02:32 - Johnny & Derek Intro \\n
- 12:20 - $16 Big Mac Controversy \\n
- 17:15 - Big Mac Index \\n
- 20:10 - Cost of Living Resources \\n
- 32:44 - Why is Thailand Still Cheap? \\n
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