5 Reasons Digital Nomads Should Live Somewhere Affluent
Are you a digital nomad – someone who travels around and works from virtually anywhere with electricity and an Internet connection?
If so, you’re likely doing well for yourself, especially if you’ve managed to successfully work or run a business during the height of the COVID-19 pandemic.
When you’re not traversing the planet, the place you call home is probably modest, and maybe even in an area that most people are unfamiliar with in your country.
The title of this blog post probably piqued your interest: why would you want to move somewhere more affluent and likely have higher living expenses?
It turns out that doing so will actually help your personal and professional lives in several ways! Take a look at the following reasons to learn why:
Table of Contents
1. Think Rich To Be Rich
If you were looking for a new place to live, why would you buy in Monaco instead of Montreal? Why would the French Riviera be better for you than the French Quarter of New Orleans?
You want to lead a comfortable existence, and being a digital nomad helps you achieve that goal. But wouldn’t you rather earn top dollar for your work instead of making a living from people unwilling to pay you what you’re worth? If you want to be rich, you need to think rich!
2. You’ll Network With Movers And Shakers
Another advantage of moving to an affluent location is that you’ll network with the movers and shakers in that area.
Those people are individuals that run successful businesses, count influential (rich) people as their friends, and can make you busy with lots of lucrative projects.
In contrast, if you live in a location where such entrepreneurs and high-profile people don’t frequent, you’ll have fewer opportunities in your professional life and will struggle to increase your net worth.
3. Your Quality Of Life Will Be Great
Have you ever visited affluent areas and noticed how almost everyone who lives there seems happy and content? The reason for that is simple: they are living their best lives.
Residents of affluent locations enjoy a better work-life balance, a bustling social scene, and, of course, plenty of opportunities to forge new professional connections with entrepreneurs and key decision-makers.
Compared to where you live now, you’ll enjoy a decent quality of life, and so will your significant other and any children you both have.
4. Plenty Of Recreational And Entertainment Options
Living in an affluent area as a digital nomad means you have almost limitless options for recreation and entertainment.
The former is helpful for when you want to have some downtime from work, and the latter can be a welcome bonus when meeting with clients – prospective or current.
5. You’ll Learn How To Be Frugal
Last but not least, living in an affluent area means you will be more frugal with your money than you are right now. Some of the world’s wealthiest people never achieved such high net worths by spending money frivolously – and neither should you.