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YOUR FIRST 20 STEPS 
TO LOCATION 
INDEPENDENCE 
How to live the life of travel 
The Barefoot Journal
YOU ARE READING THE SLIDESHARE 
VERSION OF THIS PDF. 
MY NEWSLETTER SUBSCRIBERS CAN 
DOWNLOAD THE PDF FREE 
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A MESSAGE FROM GRAHAM BROWN, THE BAREFOOT 
JOURNAL 
Several years ago, we sold everything and traveled the world. 
Japan, Hawaii, Fiji, New Zealand, Europe... I forget all the places 
now. If you want to follow that journey you can check the latest 
updates on my blog www.BarefootJournal.com 
But we did it. We're doing it. And we haven't looked back since. 
A lot of people ask me how to do it. They think I must have won the 
lottery or something. That's not true. You just need a good set up to 
earn money and run a business while traveling. That's what I call 
Location Independence. 
Location Independence isn't a destination. It's a journey to begin 
often way before you actually buy your plane ticket and leave. That's 
why I wanted to write this short guide to get you thinking about 
Location Independence. This guide won't give you all the answers, it 
will give you the questions you need to be asking. 
It's a start. As the old Chinese saying goes, “a journey of a thousand 
miles begins with a single step.” Picking up this book was the first 
step. I hope reading it can take you a few more steps down the road.
AFTER YOU READ THIS SHORT GUIDE 
If you like what you read then please pick up a copy of my full 
Guide to Location Independence which will help you structure the 
journey you start today. 
Come back to this link later. 
For now, let's begin...
STEP 1: DECIDE 
Of all the steps to the ultimate goal of Location Independence, the 
first one is the most important. 
Once you take the first step, you have started the journey. 
It may be months or even years before you finally travel the world 
on your own terms, but the first step is where it all started. 
The word to “decide” comes from the Latin “decire” meaning 
literally to “cut off”. To decide means to make a break with the past, 
to welcome change.
Decide to fire your boss, sell your car and travel the world. 
The fruits of your decision may take a long time but every day after 
that decision you are moving forward. Every day, you get closer. 
Small steps taken every day can yield large results in the long term. 
But first you must decide. You must commit to the process. 
If you cannot get past this first step, you are not ready. 
Read on, find out why you should do it but don’t start making plans, 
researching information or worrying about information until you 
first decide that you are going to make it happen. 
Decide. 
Actions Points: 
* Write it down. Commit to a goal or a vision on paper. 
* Keep it safe somewhere. You'll refer back to it later during this 
journey.
STEP 2: START WITH A GOAL 
The first step to Location Independence was to decide. 
Today, we’re going to decide on some concrete goals. 
I’m a great believer in goals. 
Before we traveled the world, the idea was a goal. 
I once had the goal to write the book “Fire Your Boss, Sell Your 
Car, Travel the World”. I set that goal 2-3 years before I actually
realized the goal. Goals take time. 
Much of what you achieve in your life was first a thought some time 
ago. The stronger our thoughts, the more likely these goals become 
reality. But you have to first start with that thought. 
Starting with a goal means writing it down. Commit your goal to 
paper somewhere. Once you get it out of your head, the goal begins. 
Write down your travel goal on paper and start giving it some detail. 
Don’t just “travel the world”, say where you want to go. 
“I want to travel Europe for 12 months starting in Paris and then 
working may way round the Mediterranean through Milan, Rome, 
Croatia, Istanbul, Bucharest etc” 
or... 
“I want to quit my job by next year and have $5k in the bank so I can 
buy my plane ticket and start my adventure in India” 
Detail creates commitment. The more vague the goal, the more your 
brain can wriggle out of that commitment. If you just “travel the 
world”, “someday”, it’s always a possibility it may happen in the 
future. But if it’s next year, your brain has to get to work. And, when 
you set your brain a task, it starts thinking about how to complete 
that task in the background. 
You might not be thinking actively about your goal on a daily basis
but your subconscious mind is. It’s taking you there slowly, steering 
your activity and thoughts but it needs a goal to start with. 
Action Points: 
* Make your goals visual. I find that pictures are good starting points 
for goals. The subconscious mind responds well to imagery. 
* Save pictures from the internet of your future travels to your 
desktop wallpaper, phone lock screen and pin them to the wall. 
Collect a scrap book. Stick them on your fridge. 
* Keep reminding yourself. Daily life easily gets in the way.
STEP 3: DECIDE WHAT TRAVEL LIFESTYLE YOU WANT 
Now that you've decided to go and set some realistic goals, let's 
think about what type of travel lifestyle suits you. 
There are many ways to travel long term: 
* You could sell everything and travel the world… forever. 
* You could travel for a couple of years, come back and pick up 
where you left. 
* You could leave your contract job for 6 months a year and enjoy 
long term travel.
Location Independence isn't traveling 50 countries in 50 weeks, it's 
about having options. 
You may decide to stay right where you are. But that's your choice. 
Personally, I prefer to take my time. I prefer to live in a country 
rather than get to know the airport and hotel. I prefer to stay a while 
- months, even years before moving on. There are no medals for 
finishing first. This isn't a race. 
Decide which is the best option for you. Perhaps, even, you would 
like to try them all. Start small with the 6 month vacation and take it 
from them. 
My point is that it’s important to know what you’re working 
towards. You need to get focused on what financial setup, what 
employment or what logistical implications you need to deal with 
based on your travel goals. Simply saying “I’m going to travel” is 
not enough. Combined with your travel goals, be specific about 
what you want to achieve.
STEP 4: ASK WHAT’S STOPPING YOU? 
You made the commitment to go. 
You designed a travel goal. 
You decided on the type of travel lifestyle you wanted. 
So what’s stopping you? 
What comes next is a test of your ability to step outside your comfort 
zone.
Firing your boss, selling your car, traveling the world - that’s 
relatively easy. 
The answer to doing this isn’t finding out what to do - you have 
most of the skills and answers on board. What you need is to 
discover what’s stopping you. 
* Perhaps you are worried about what others will think. 
* Perhaps you are scared of leaving your comfort zone. 
* Perhaps you are afraid you might fail. 
And so on… 
Here's a few tips to help you avoid being consumed by the what ifs 
and potential hazards: 
* If the people around you aren't fans are your plans, keep quiet 
about them. Save your energy for those who count, those who will 
energize you in the process 
* You could get sick, you could lose your money, you could lose 
your partner. Sure, all these things could happen. They could happen 
if you stayed at home too, so what difference is being at home or out 
there going to make? 
* There are a million things you can change, you can't control about 
travel. Don't focus on these things. Instead, ask what can I do now? 
You might not be able to find accommodation until you get there. 
But what can you do now? You can save enough money to pay for 1 
month's rent. You might not be able to secure your business visa. 
But what can you do now? You can start building your online
platform to increase your passive income 
Dealing with these fears is the biggest task you face in travel. 
Action Points: 
* Write your major barriers down. For me, my major barriers were 
my son’s education and not being able to run the business while 
abroad. The more I was able to define these fears the more I could 
deal with them until they didn’t stop me anymore. I found answers. I 
found resolutions. 90% of the power of fear is that it goes 
unrecognized; fear operates at the level of the subconscious. Once 
you write it down and get it out into the open, it doesn’t look so 
scarey after all. sYou have taken the first step to addressing the very 
things that hold you back.
STEP 5: CREATE A BACKUP PLAN B 
What if it doesn’t work out? 
What if you don’t like it there? 
Rather than let the failure of Plan A scupper your dreams of 
Location Independence, create a backup. 
You don’t want to be forced to make a decision to move somewhere 
else purely because you didn’t like your first choice. 
Create a Plan B before you go.
Select 2 other countries or cities you may decided to go to if your 
travel plan A doesn’t work out. At least with Plan B in mind you are 
not reacting. 
Without a Plan B you can become desperate, clutch at straws and 
take anything that comes your way. 
Bad idea. 
Often it’s a knee-jerk reaction more than anything and you can end 
up making a bad decision if you are not prepared. You can end up 
bouncing between one bad decision and another. 
Action Points: 
* Do your backup research now. Use my guide to Location 
Independence to find good places to live that suit your budget and 
lifestyle. Find another good place to live. If Plan A doesn’t work out, 
then it’s not such a bad thing. Plan B is attractive too.
STEP 6: START PLANNING WHERE TO GO 
I suggest having a basic outline itinerary is both better than knowing 
nothing at all and planning everything down to what you’re going to 
have for lunch on Monday. 
A sample itinerary could be: 
* New Zealand 3 months 
* Fiji 2 weeks 
* Hawaii 1 week 
* California 3 months 
(That was just the start of our itinerary)
You might not need to plan any further. Just a basic outline at this 
stage to help you focus. 
Now you're Location Independent, where can you go? 
Choosing where to go will be based on personal preference. You 
should also be aware that there is plenty of data out there now which 
can help you inform your choices. These are the following factors 
that will shape the planning process: 
* Weather 
* Lifestyle 
* Cost of living 
* Infrastructure 
* Access 
* Visas 
* Safety 
One thing I learned was there is no Utopia. 
You won’t find a perfect place to live. 
Everything will have a downside. The key is deciding which factors 
you are comfortable compromising on. 
While we tend to focus our search on the nice things like weather, 
food and so on, you should realize that it all comes down to money. 
If you can’t afford to live in your destination, particularly if it’s more
expensive than what you’re used to, you won’t enjoy the experience 
as much as you expect. It may sound contrary to a lot of the advice 
offered in my writing but money is the be all and end all of your 
travel experience. 
No fun being broke in paradise. 
Action Points: 
* I recommend my Location Independent Guide for this task. You 
can do it yourself. But, why bother? I spend 1oos, maybe 1000s of 
hours collecting this data and living it as well. Save yourself the time 
and effort (and learn from my mistakes).
STEP 7: FIND OUT WHAT THE WEATHER WILL BE LIKE 
Now you're becoming Location Independent you can choose where 
to go on positive factors like the weather rather than access to 
employment. 
In the last step, we looked at the key factors that determine location 
choice in long term travel. 
I provide a complete breakdown of weather information in my Guide 
to Location Independence detailing how to read climate information 
and what it means to you to actually live there.
For now, let's look at what the options are. 
What do you prefer? Cold and sunny or warm and wet? A sunny 
windy day can feel colder than a cloudy still one. A day in the sun 
with no wind but low official “highs” can be a lot warmer and 
comfortable that a windy day with high official “highs”. Sounds 
strange, but the point is that simply reading the temperature won’t 
give you much of an indication what life is really like there. 
Don’t leave it to chance. Do your research. 
Weather is more than just the daily temperature highs and lows. 
Here are the key factors that impact quality of life: 
* Sunshine hours. This is one of the most important weather factors 
and often has little correlation to overall temperature. 
* Humidity. Humid locations may feel uncomfortable. Houses get 
moldy. You will feel the cold more in winter and heat more in 
summer. 
* Variation in weather (within a day, between days, between 
seasons) 
* Rainy days (this is more indicative of washouts than amount of 
rainfall) 
* Wind. Wind is such an important factor but rarely features in 
weather readings. Windy locations are almost always uncomfortable, 
especially if they are cold. Wind makes everything colder and living 
harder. Locations without wind are more relaxed. With a still day in 
winter and snow on the ground it can actually feel warm in the sun. 
* Water temperatures. Some locations are hot and sunny but have
cold water. No good swimming in there without a wetsuit. 
Action Points: 
* Start your weather research here: www.worldclimateguide.co.uk 
* You can corroborate your data with historical figures esp for wind 
here www.wunderground.com
STEP 8: RESEARCH YOUR ARBITRAGE OPPORTUNITIES 
It’s all very well choosing a place with nice weather but will your 
money last? 
I mentioned earlier it’s no fun being broke in paradise. 
But paradise doesn’t always have to be expensive. 
If you choose carefully, it can be cheaper than what you’re used to. 
Most people don’t know or benefit from arbitrage because it’s not
available to them in their daily lives. 
Most people live and work in the same place. The commute between 
countries, or even cities, is just too expensive and energy-draining. 
But what if you could live and work in different places without the 
commute? 
If you had a Location Independent Business, you could live in a 
cheap country and work in an expensive one. 
When I mean “work in” I mean run your business in that country. 
Your business doesn’t even need to be in that country, you could 
simply sell to that market. 
Imagine you have an online store selling jeans to customers in 
Europe and North America. Your jeans supplier and drop-shipping 
operation is in southern China. You are based in the beautiful 
tropical island of Mauritius. 
In my Guide to Location Independence I detail a number of arbitrage 
case studies of people making it work. 
In one example, a couple moved from Hong Kong to Mauritius. 
They reduced their cost of living, traded an high rise apartment for a 
luxury seafront villa with maid and chef thrown in to boot. The best 
thing was they were able to continue work right where they left off. 
It’s possible.
As Tim Ferris puts it: 
Live on pesos, charge in dollars, outsource in rupees. 
Action Points: 
* For a very basic overview of cost of living use sites like Numbeo 
and Expatistan. These are rudimentary but give you a basic feel for 
comparative daily items. If you need more granular detail, get my 
book 
* Use Airbnb to compare like-for-like rental costs
STEP 9: RESEARCH EASE OF ACCESS TO YOUR 
DESTINATION 
How easy is it to get to your destination country? 
Often it’s not a case of distance. Brazil may be only 2 hours by plane 
away but, like South Africa, it’s one of the most expensive and 
restricted in terms of airline routes. 
Ease of access has more to do with competition than sheer distance. 
Kuala Lumpur in Malaysia, Singapore, Hong Kong, Oslo in Norway, 
Stockholm in Sweden, Berlin in Germany, Bucharest in Romania, 
London, Istanbul, Shanghai, Manila in the Philippines, Atlanta, LAX
and New York are all examples of well served airports that have a 
lot of competitive flights serving them. By comparison, airports such 
as Rio de Janeiro, Johannesburg, Christchurch in New Zealand 
aren’t as well served. 
Not only are prices in these more competitive airports much cheaper, 
there is far more availability. This is particularly relevant when it 
comes to buying flights nearer the time. Uncompetitive markets 
ramp up the premiums near the departure date and aren’t afraid to 
gouge customers with excessive prices. 
Action Points: 
* The best site to work out how to get from A to B is Rome2Rio 
Kayak is a good site to search for flight availability for your route. 
Beyond flight comparisons, use their Explore feature which will give 
you an idea how far you can get for how much from most airports 
* The Barefoot Journal Guide to Air Travel is a good place to start 
not just for finding out flight possibilities but also how to hack the 
system to get the cheapest flights.
STEP 10: RESEARCH YOUR VISA OPTIONS 
Visas are the least glamorous but most important part of any location 
independent traveler’s plans. 
Before we start let me explain 3 concepts: 
* Visas 
* Residence 
* Citizenship 
Visas: a stamp that lets you stay in the country under certain 
conditions for a limited period. It may be renewed if conditions are 
met. Tourist visas often can’t be renewed and don’t allow you to
work. Work visas will carry conditions of the type of work you are 
allowed to perform. 
Residence: after a certain period of fulfilling visa obligations you 
may be granted residence. Permanent residence means you can live 
in the country as long as you wish providing certain obligations are 
met. 
Citizenship: if you really want to own a passport from that country, 
you can consider naturalization. It’s unnecessary unless you are 
thinking of your children’s adult future in the country. Some people 
get confused and think you need to be a citizen to live in a country 
permanently, that's not the case and often the last thing you want to 
do (unless the above reason re children). 
The following visas will be relevant to you: 
* Tourist visa 
* Work permit 
* Long term business / entrepreneur visa 
* Investor visa 
* Working holiday visa 
Needless to say, visas are specific to both the country you’re visiting 
and the country you are a passport holder of. On that basis, it’s 
difficult to any specific advice. So, avoiding specifics, I’ll be very 
general here. 
In most countries you can stay 30 days without a visa, as a tourist. In 
some countries, this is called a tourist visa. The difference is whether
you need a stamp or not. You may be able to extend your visa with a 
valid reason but you will have to do this before it expires. Never 
overstay a visa. 
If you plan to secure employment in the country you will need a 
work permit. Permits are often tied to a particular employer although 
you can get one as a speculative entrant (meaning you are 
independent) if you have a good skillset (e.g. qualified medical 
professional etc). 
For those without skills on the skills shortage list you will probably 
need to go in as self-employed or a business owner. Conditions vary 
a lot by country. Some countries allow self-employed professionals 
with little experience. Others require history, upfront investment and 
for you to employ locals. 
Investor visas are for those with a lot of money to sink into a local 
business. 
By far and away the best option is the working holiday visa. If you 
are under 30 (or 35 in some countries) and from a qualifying country 
(great if you are from New Zealand and Canada) take this visa 
options as default. 
Note: none of these visas offer residence. They offer temporary 
residence for the length of your visa. Your visa may not be renewed. 
Residence is usually a secondary stage requiring further pre-qualification. 
If you plan to stay long term don’t just research visa 
options, research what the residency requirements are too.
Action Points: 
* The best starting point to researching your visa requirements is to 
look at the ProjectVisa website which has an excellent country-by-country 
breakdown based on your own passport. 
* If your visa situation is not straightforward, I recommend talking 
to a visa consultant (or final option being a visa lawyer). 
* My book details visa options and how to work with both visa 
consultants and visa lawyers. I have had a lot of personal experience 
in this area, both successes and failures. Failures can be very 
expensive, so please learn from mine.
STEP 11: RESEARCH INFRASTRUCTURE 
Infrastructure is the stuff you don’t see in the travel brochures, often 
the factors that don’t effect tourists but are vital to the longer term 
traveler. 
Roads, education, medicine, internet are to name but a few factors 
that will shape your location independent experience. 
You can start by researching internet speeds at your destination. 
The countries with the fastest speeds aren’t necessarily the ones 
you’d associate with the internet.
By comparison to many in North Asia, the internet speed in US lags. 
It’s a little known secret that countries like Romania, Estonia and 
Lithuania have superfast internet speeds, while popular destinations 
like Australia and New Zealand are relatively slow. Countries 
popular with backpackers - Philippines, Thailand and Indonesia can 
also have painfully slow internet. So, be warned. 
Action Points: 
* Find your country on this list by Ookla. It’s a good starting point to see 
if you’re in the danger zone for internet speed. These speeds will 
also give you ideas about places you may not have considered before 
but ones that may offer a positive internet experience to help you 
build that Location Independent Business.
STEP 12: START SAVING $50 A MONTH NOW 
As with any major change in life, you’re going to need some backup 
funds. 
Let’s start small. 
Everyone can afford $50 a month. 
If you can afford more, your saving goal should be 10% of your 
income a month.
For now, let’s talk about $50. 
$50 a month won’t fund your travels but will establish good 
financial discipline that will eventually revolutionize how you think 
about money. 
Once you save $50 a month, you will find it easier to save $100 a 
month and so on. You will wonder why you made such a fuss about 
saving $50 a month when you are able to save $250 a month, every 
month. You will start questioning the validity of every purchase and 
subscription. Do you really need to spend $30 a month on cable TV? 
Action Points: 
* Set up a direct debt or standing order from the bank account you 
receive your income in to a new savings bank account. Take the 
money out automatically every month. If you need to do it manually 
you’ll find ways to stall or forget. If you don’t have a savings 
account, open one. You don’t need a high interest account or 
anything like that, just a place to store your money.
STEP 13: SET A MONETARY SAVING GOAL FOR TRAVEL 
How much money do you need before you are ready to go? 
I don’t advise going with no money at all and relying on your 
income. 
You don’t know what’s going to happen in the near future so it’s 
always good to have a safety net. 
Find out how much it will cost to live in the destination country 
(countries) using my cheat sheets in the guide. This data will tell you 
how long $1,000 will last in any given city. I suggest a month’s
money as an absolute minimum - so that may be up to $8,000 in a 
city like Oslo but as little as $1,000 in South India. 
The data I provide in the guide is perhaps more than what most 
backpackers would spend. I factored in the cost of living for 
someone who doesn’t stay in hostels and eat cup noodles. While that 
method of travel is very cheap, it can also be tough. Why suffer if 
you can afford it? 
As an example: 
* You will last only 3-4 days in Oslo, London and Zurich with 
$1,000. 
* You could last a week in cities like Tokyo, LA and Hong Kong 
with $1,000. 
* You could last 2 weeks in Auckland, Barcelona and Toronto. 
* You could last 3 weeks in Beijing, Cape Town and Phuket. 
* You could last a month in Goa, Kuala Lumpur and Yangon. 
* If you really want to stretch it, you can last 6-8 weeks in 
Yogyakarta, Kathmandu and Thiruvananthapuram. 
So, your emergency fund could be anywhere between $500 and 
$8,000 depending on where you go. 
On top of this you will need your flight ticket home if you don’t 
have it, so that’s another $1,000 right there. 
In summary, you’ll need a minimum of $1,500 to $9,000 backup 
fund for traveling long term. Set your monetary goal accordingly.
Action Points: 
* Download my Travel Cheat Sheets which cover basic costs of 
living and accommodation by city. 
* Find out how much money you will need to survive a month in 
your target destination. Add $1,000 on top of that. That’s your 
minimum travel backup. Of course, you’ll be earning money as you 
travel but this money is your emergency fund. This is now your 
monetary goal. 
* How long will it take you to reach your monetary goal saving the 
$50 (or more) a month you are currently saving? If it’s going to take 
too long, how can you increase your monthly savings to meet the 
target in time?
STEP 14: CREATE A BUY LIST 
The key to reaching your monetary goal earlier is spending less. 
I’m not talking about living the life of an ascetic monk. You don’t 
need to do that. You can live happily and well without compromise. 
Instead, focus on reducing unnecessary spending. 
Create a barrier between and your impulse purchases. 
Create a document, either online or a notepad, to store ideas about 
things you want to buy. Rather than buy those things, write them 
down. Review your document regularly and strike off the things you 
no longer need.
The longer you hold out, the better your decisions will be, the less 
money you will waste. 
Action Points: 
* Create a blank document in Drive.Google.com and bookmark it in your 
toolbar. Install Drive on your phone and access the document there 
too. Whenever you have an idea or inspiration to buy something 
(usually when you are out shopping), instead of buying that item 
right there, write it down. When you remember things you need to 
buy, write them in the list. By making the list your default starting 
point for shopping needs you’ll keep reminding yourself that if it’s 
not on the list, don’t buy it.
STEP 15: SET UP MULTIPLE BANK ACCOUNTS 
The key to saving money for travel is to be in control of your money. 
The difference between those with a lot of money in their bank and 
those in heavy debt isn’t their salary but their financial discipline. 
I used to be a financial advisor in my previous life. I sat across the 
table from medical doctors earning $200k+ a year but with credit 
card debts and unsecured loans of $50k+. It wasn’t uncommon. I 
also had clients who earned very little but were diligent and 
disciplined with their money. They saved little and often.
The key to their success was being able to control their finances. Set 
up a bank account for your daily expenses, one for your savings, one 
for your investment income, one for your rainy day fund and so on. 
The more the better, ideally with the same bank. 
You can reach your monetary goal with good discipline. 
I already talked about creating a Buy List. It’s not the answer to all 
your financial goals, it’s just one step in the right direction. The 
same is true of multiple bank accounts. 
Action Points 
* Contact your bank and tell them you want to set up another 
account. They may ask you why. If that’s the case, tell them it’s to 
“manage your money”, that should suffice. Try to avoid all the 
products they throw at you like “money manager accounts” and 
“high interest savings accounts” etc. A standard account will work 
just fine. Make sure it’s connected to your original account and you 
can manage it online. 
* Now you have your account, start managing your money. Set up 
inter account debits so you can take your travel money out on a 
monthly basis automatically. If you have multiple accounts, focus 
each account on a specific goal e.g. Main account is for daily 
cashing and banking. Second account is saving. Third account is for 
paying rent etc.
STEP 16: TURN OFF THE TV 
Start by turning off the TV. 
You will see less advertising. 
Your life will become less concerned with those of celebrities. 
You will consume less. 
You will have more time to do what counts.
You will wonder what the fuss was all about in the first place. 
I have watched only a couple hours of TV in the last year of travel. I 
don’t miss it. I don’t care about the Game of Thrones or Kim 
Kardashian and I think life is a lot lighter that way. I’m not weighed 
down by advertising expectations or the dramas of other people’s 
lives. 
We spend a lot of time as a culture fussing about the junk we put in 
our stomachs but so little about the junk we put in our heads. 
Try a media diet. 
I found that some things I just had to watch TV for. The soccer 
World Cup, the Olympics and the Tour De France, for example. 
Somehow, watching recordings just weren’t as fun as the live 
experience. But you don’t need a TV subscription package to watch 
these events anymore. While many countries block these events due 
to ridiculous territorial licensing arrangements there are numerous 
opportunities to watch them online for free. Currently, some experts 
recommend me to use http://www.vipleague.se which (they say) can get you 
access to almost any sports event around the world. I wouldn’t 
recommend that site for obvious reasons, I’m only telling you what 
others tell me :) 
But apart from these diversions, you can live without TV.
Action Points: 
* Start with a week without TV. See how much more time you have 
to go to work on your Location Independent Business ideas and your 
travel plans. See how TV makes very little difference in the content 
of our daily life. Read more. Play more. See how life changes for 
you.
STEP 17: CANCEL YOUR SUBSCRIPTIONS 
Do you really need all that stuff? 
Only keep the subscriptions that are important to your daily life - 
like internet for example. Everything else can go. 
Canceling a TV cable or a magazine subscription will save you a lot 
of money. It will also free up your mind to start thinking about your 
goal of long term travel. 
You can save $100s a month just by conducting an audit of your 
regular payments.
You may be surprised, shocked even. 
By reducing the noise, we can focus on what's important. 
Action Points: 
* Conduct a debit audit. Get your last 3 months bank accounts and 
highlight all your current automated payments. Find out how much 
you are spending a year on these services. Now look at how much of 
that money you can convert to travel savings by getting on the phone 
and canceling. 
* If you do have to setup or keep a subscription, try to avoid using 
your credit card. Once they have the long number it can be 
impossible to cancel if the merchant/supplier refuses. Your bank 
may have to issue a new card and that’s a real pain. Instead, set up a 
continuous payment with your bank numbers only, meaning you 
should have some protection against misuse. 
* Be firm. When you try to cancel a subscription you may be 
referred to a special department whose job is to keep you on board. 
Just keep saying “no” until you get to the point which they cancel 
your subscription. Remember, you’ve never spoken to this guy 
before, so why is he suddenly interested in you?
STEP 18: FIND OUT WHAT YOU’RE PASSIONATE ABOUT 
Chances are you are passionate about something. 
There is something you do that keeps you up all night or busy all 
weekend. 
There is something that you dream about while at work. 
Chances are you’re not getting paid for it. That’s because you 
haven’t worked out how, yet.
But what if you could get paid for yoga, jewelry, coaching or 
playing Minecraft? 
Today there are multiple options for enthusiasts that simply didn’t 
exist 10, let alone 5, years ago. You can make money out of your 
passions today by turning those passions into a business. 
The reason you need to find out what you’re passionate about is that 
is a gold mine for building a location independent income or 
business. 
If you love teaching English, you could get paid to teach online 
using a site like iTalki.com. You could also set up an online course 
using Udemy.com where you can get paid for subscribers rather than the 
hours you put in. 
If you love making things, why not sell them on Etsy or Ebay? 
These platforms do the heavy lifting for you. If things go well and 
you want to keep the business going while you travel, look into drop 
shipping. Drop shippers will take over the order fulfillment and 
shipping side of your business. 
There are always possibilities. 
It’s hard work and it takes time, that’s why it’s important to build an 
income or business around what gets you out of bed in the morning. 
If you have a full time job, you don’t want to be coming home in the 
evening loathing the thought of spending 2 hours marking exam 
papers to save income for travels. How would you feel differently if 
you were coming home to do something you were motivated about -
like making jewelry, teaching yoga online or consulting to startup 
businesses? 
Action Points: 
* Write down the skill that people know you for. You may be the 
guy that fixes bikes, the one who knows about travel in Africa or the 
guy who can sell. What people know you for is what you have 
already established as a personal brand. Perhaps it’s unwittingly. 
Perhaps it’s for skills that take place outside the work environment 
(most likely). Whatever it is, identify it and build on it.
STEP 19: START A LOCATION INDEPENDENT BUSINESS 
A Location Independent Business is a business you can take 
anywhere in the world. 
A LIB is a business you can run from a beach bungalow in Phuket or 
an apartment in downtown San Francisco. 
The key to location independence is a business that can make money 
while you sleep. 
Start your LIB before you travel.
If you’re employed, even better. Use the security of your stable 
income to bankroll your business. 
If you’re a business owner. Start another business - a location 
independent one that doesn’t rely on you being somewhere at a 
certain time for the business to work. 
You don’t need to incorporate or formally register business until 
things get going. 
Take advantage of online opportunities. There are far too many to go 
into detail in this document. If you are interested in exploring online 
opportunities refer to my Location Independent Guide. 
Action Points: 
* In the last step you wrote down that skill people recognize you for. 
Now think about how you can charge for that. If friends are often 
asking you for your opinion on a business idea, perhaps you could 
charge for that. You won’t charge your friends but you can charge 
strangers. If friends come to you when they want weddings planned, 
perhaps you could write an Ebook about that, or train wedding 
planners online. 
* Start your LIB today. You don't need to incorporate. You can start 
a business with just $10. Buy a domain name for $5. Commission a 
logo for $5 from www.Fiverr.com Write your business plan on one 
sheet of paper. You are ready. No longer are you thinking about 
starting a business. You are a business owner.
STEP 20: CREATE A LOCATION INDEPENDENT INCOME 
Location Independent Businesses take time. 
It may be months or years before you break even. 
Set up a Location Independent Income stream in the meantime. 
People often call this freelancing. 
There are numerous platforms set up for freelancers these days 
geared towards Location Independent workers. You can be
translating, writing or doing voiceover work. Make sure the work is 
location independent. Once you are tied to a particular place or 
employer, your travel will suffer. 
Action Points: 
* Check out Odesk.com and Elance.com. Type in your current skillsets into 
the search bar under jobs (clients). See what kind of jobs people are 
advertising for. The pay may be different to what you’re used to. 
The key is to build up your profile and reputation so you can charge 
more. Now type the same skills into the search under providers 
(people). You can now see what people are charging for their 
services. 
* If you teach languages check out www.iTalki.com 
* Set up your profile on spec. Filling out your profile will force you 
to think about what sale-able skills you possess. If you’re a medical 
technician you have expertise. If you’re a teacher, you can teach 
others online. If you love designing, you can sell your skills here too. 
If you have no skills, remember you speak a language and have a 
pair of hands. That’s useful to someone somewhere. Anything is 
possible. 
* Focus on project work. Rather than getting paid by the hour, get 
paid by delivery. This way you can work around your existing hours. 
It also means you can provide more meaningful work. Hourly work 
tends to be less rewarding.
FIRE YOUR BOSS, SELL YOUR CAR, TRAVEL THE WORLD: 
HOW TO LIVE THE LOCATION INDEPENDENT LIFESTYLE 
This document is only 50 pages. If you are serious about long term 
travel then I recommend my guide: 
“Fire Your Boss, Sell Your Car, Travel the World” 
You can get the guide from Amazon here: 
http://www.amazon.com/dp/B00N0B4WSW 
http://www.amazon.co.uk/dp/B00N0B4WSW 
http://www.amazon.de/dp/B00N0B4WSW 
http://www.amazon.it/dp/B00N0B4WSW 
http://www.amazon.ca/dp/B00N0B4WSW 
http://www.amazon.com.au/dp/B00N0B4WSW
SHARE THIS DOCUMENT 
If you know someone who you want to come with you on your 
travels share this document with them. Maybe they need a little 
push. Maybe a pull. Maybe some convincing. It's important you both 
buy into the dream. It can be done. This document is proof. 
ABOUT THE PHOTOS 
All the photos are from the last few years of my travels and from my 
Instagram feed. If you're on Instagram, connect with me here: 
www.Instagram.com/BarefootJournal 
YOU CAN ALSO CONNECT HERE 
www.Facebook.com/TheBarefootJournal 
www.BarefootJournal.com

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(BarefootJournal.com) First 20 Steps to Location Independence

  • 1. YOUR FIRST 20 STEPS TO LOCATION INDEPENDENCE How to live the life of travel The Barefoot Journal
  • 2. YOU ARE READING THE SLIDESHARE VERSION OF THIS PDF. MY NEWSLETTER SUBSCRIBERS CAN DOWNLOAD THE PDF FREE www.barefootjournal.com /free-guide
  • 3. A MESSAGE FROM GRAHAM BROWN, THE BAREFOOT JOURNAL Several years ago, we sold everything and traveled the world. Japan, Hawaii, Fiji, New Zealand, Europe... I forget all the places now. If you want to follow that journey you can check the latest updates on my blog www.BarefootJournal.com But we did it. We're doing it. And we haven't looked back since. A lot of people ask me how to do it. They think I must have won the lottery or something. That's not true. You just need a good set up to earn money and run a business while traveling. That's what I call Location Independence. Location Independence isn't a destination. It's a journey to begin often way before you actually buy your plane ticket and leave. That's why I wanted to write this short guide to get you thinking about Location Independence. This guide won't give you all the answers, it will give you the questions you need to be asking. It's a start. As the old Chinese saying goes, “a journey of a thousand miles begins with a single step.” Picking up this book was the first step. I hope reading it can take you a few more steps down the road.
  • 4. AFTER YOU READ THIS SHORT GUIDE If you like what you read then please pick up a copy of my full Guide to Location Independence which will help you structure the journey you start today. Come back to this link later. For now, let's begin...
  • 5. STEP 1: DECIDE Of all the steps to the ultimate goal of Location Independence, the first one is the most important. Once you take the first step, you have started the journey. It may be months or even years before you finally travel the world on your own terms, but the first step is where it all started. The word to “decide” comes from the Latin “decire” meaning literally to “cut off”. To decide means to make a break with the past, to welcome change.
  • 6. Decide to fire your boss, sell your car and travel the world. The fruits of your decision may take a long time but every day after that decision you are moving forward. Every day, you get closer. Small steps taken every day can yield large results in the long term. But first you must decide. You must commit to the process. If you cannot get past this first step, you are not ready. Read on, find out why you should do it but don’t start making plans, researching information or worrying about information until you first decide that you are going to make it happen. Decide. Actions Points: * Write it down. Commit to a goal or a vision on paper. * Keep it safe somewhere. You'll refer back to it later during this journey.
  • 7. STEP 2: START WITH A GOAL The first step to Location Independence was to decide. Today, we’re going to decide on some concrete goals. I’m a great believer in goals. Before we traveled the world, the idea was a goal. I once had the goal to write the book “Fire Your Boss, Sell Your Car, Travel the World”. I set that goal 2-3 years before I actually
  • 8. realized the goal. Goals take time. Much of what you achieve in your life was first a thought some time ago. The stronger our thoughts, the more likely these goals become reality. But you have to first start with that thought. Starting with a goal means writing it down. Commit your goal to paper somewhere. Once you get it out of your head, the goal begins. Write down your travel goal on paper and start giving it some detail. Don’t just “travel the world”, say where you want to go. “I want to travel Europe for 12 months starting in Paris and then working may way round the Mediterranean through Milan, Rome, Croatia, Istanbul, Bucharest etc” or... “I want to quit my job by next year and have $5k in the bank so I can buy my plane ticket and start my adventure in India” Detail creates commitment. The more vague the goal, the more your brain can wriggle out of that commitment. If you just “travel the world”, “someday”, it’s always a possibility it may happen in the future. But if it’s next year, your brain has to get to work. And, when you set your brain a task, it starts thinking about how to complete that task in the background. You might not be thinking actively about your goal on a daily basis
  • 9. but your subconscious mind is. It’s taking you there slowly, steering your activity and thoughts but it needs a goal to start with. Action Points: * Make your goals visual. I find that pictures are good starting points for goals. The subconscious mind responds well to imagery. * Save pictures from the internet of your future travels to your desktop wallpaper, phone lock screen and pin them to the wall. Collect a scrap book. Stick them on your fridge. * Keep reminding yourself. Daily life easily gets in the way.
  • 10. STEP 3: DECIDE WHAT TRAVEL LIFESTYLE YOU WANT Now that you've decided to go and set some realistic goals, let's think about what type of travel lifestyle suits you. There are many ways to travel long term: * You could sell everything and travel the world… forever. * You could travel for a couple of years, come back and pick up where you left. * You could leave your contract job for 6 months a year and enjoy long term travel.
  • 11. Location Independence isn't traveling 50 countries in 50 weeks, it's about having options. You may decide to stay right where you are. But that's your choice. Personally, I prefer to take my time. I prefer to live in a country rather than get to know the airport and hotel. I prefer to stay a while - months, even years before moving on. There are no medals for finishing first. This isn't a race. Decide which is the best option for you. Perhaps, even, you would like to try them all. Start small with the 6 month vacation and take it from them. My point is that it’s important to know what you’re working towards. You need to get focused on what financial setup, what employment or what logistical implications you need to deal with based on your travel goals. Simply saying “I’m going to travel” is not enough. Combined with your travel goals, be specific about what you want to achieve.
  • 12. STEP 4: ASK WHAT’S STOPPING YOU? You made the commitment to go. You designed a travel goal. You decided on the type of travel lifestyle you wanted. So what’s stopping you? What comes next is a test of your ability to step outside your comfort zone.
  • 13. Firing your boss, selling your car, traveling the world - that’s relatively easy. The answer to doing this isn’t finding out what to do - you have most of the skills and answers on board. What you need is to discover what’s stopping you. * Perhaps you are worried about what others will think. * Perhaps you are scared of leaving your comfort zone. * Perhaps you are afraid you might fail. And so on… Here's a few tips to help you avoid being consumed by the what ifs and potential hazards: * If the people around you aren't fans are your plans, keep quiet about them. Save your energy for those who count, those who will energize you in the process * You could get sick, you could lose your money, you could lose your partner. Sure, all these things could happen. They could happen if you stayed at home too, so what difference is being at home or out there going to make? * There are a million things you can change, you can't control about travel. Don't focus on these things. Instead, ask what can I do now? You might not be able to find accommodation until you get there. But what can you do now? You can save enough money to pay for 1 month's rent. You might not be able to secure your business visa. But what can you do now? You can start building your online
  • 14. platform to increase your passive income Dealing with these fears is the biggest task you face in travel. Action Points: * Write your major barriers down. For me, my major barriers were my son’s education and not being able to run the business while abroad. The more I was able to define these fears the more I could deal with them until they didn’t stop me anymore. I found answers. I found resolutions. 90% of the power of fear is that it goes unrecognized; fear operates at the level of the subconscious. Once you write it down and get it out into the open, it doesn’t look so scarey after all. sYou have taken the first step to addressing the very things that hold you back.
  • 15. STEP 5: CREATE A BACKUP PLAN B What if it doesn’t work out? What if you don’t like it there? Rather than let the failure of Plan A scupper your dreams of Location Independence, create a backup. You don’t want to be forced to make a decision to move somewhere else purely because you didn’t like your first choice. Create a Plan B before you go.
  • 16. Select 2 other countries or cities you may decided to go to if your travel plan A doesn’t work out. At least with Plan B in mind you are not reacting. Without a Plan B you can become desperate, clutch at straws and take anything that comes your way. Bad idea. Often it’s a knee-jerk reaction more than anything and you can end up making a bad decision if you are not prepared. You can end up bouncing between one bad decision and another. Action Points: * Do your backup research now. Use my guide to Location Independence to find good places to live that suit your budget and lifestyle. Find another good place to live. If Plan A doesn’t work out, then it’s not such a bad thing. Plan B is attractive too.
  • 17. STEP 6: START PLANNING WHERE TO GO I suggest having a basic outline itinerary is both better than knowing nothing at all and planning everything down to what you’re going to have for lunch on Monday. A sample itinerary could be: * New Zealand 3 months * Fiji 2 weeks * Hawaii 1 week * California 3 months (That was just the start of our itinerary)
  • 18. You might not need to plan any further. Just a basic outline at this stage to help you focus. Now you're Location Independent, where can you go? Choosing where to go will be based on personal preference. You should also be aware that there is plenty of data out there now which can help you inform your choices. These are the following factors that will shape the planning process: * Weather * Lifestyle * Cost of living * Infrastructure * Access * Visas * Safety One thing I learned was there is no Utopia. You won’t find a perfect place to live. Everything will have a downside. The key is deciding which factors you are comfortable compromising on. While we tend to focus our search on the nice things like weather, food and so on, you should realize that it all comes down to money. If you can’t afford to live in your destination, particularly if it’s more
  • 19. expensive than what you’re used to, you won’t enjoy the experience as much as you expect. It may sound contrary to a lot of the advice offered in my writing but money is the be all and end all of your travel experience. No fun being broke in paradise. Action Points: * I recommend my Location Independent Guide for this task. You can do it yourself. But, why bother? I spend 1oos, maybe 1000s of hours collecting this data and living it as well. Save yourself the time and effort (and learn from my mistakes).
  • 20. STEP 7: FIND OUT WHAT THE WEATHER WILL BE LIKE Now you're becoming Location Independent you can choose where to go on positive factors like the weather rather than access to employment. In the last step, we looked at the key factors that determine location choice in long term travel. I provide a complete breakdown of weather information in my Guide to Location Independence detailing how to read climate information and what it means to you to actually live there.
  • 21. For now, let's look at what the options are. What do you prefer? Cold and sunny or warm and wet? A sunny windy day can feel colder than a cloudy still one. A day in the sun with no wind but low official “highs” can be a lot warmer and comfortable that a windy day with high official “highs”. Sounds strange, but the point is that simply reading the temperature won’t give you much of an indication what life is really like there. Don’t leave it to chance. Do your research. Weather is more than just the daily temperature highs and lows. Here are the key factors that impact quality of life: * Sunshine hours. This is one of the most important weather factors and often has little correlation to overall temperature. * Humidity. Humid locations may feel uncomfortable. Houses get moldy. You will feel the cold more in winter and heat more in summer. * Variation in weather (within a day, between days, between seasons) * Rainy days (this is more indicative of washouts than amount of rainfall) * Wind. Wind is such an important factor but rarely features in weather readings. Windy locations are almost always uncomfortable, especially if they are cold. Wind makes everything colder and living harder. Locations without wind are more relaxed. With a still day in winter and snow on the ground it can actually feel warm in the sun. * Water temperatures. Some locations are hot and sunny but have
  • 22. cold water. No good swimming in there without a wetsuit. Action Points: * Start your weather research here: www.worldclimateguide.co.uk * You can corroborate your data with historical figures esp for wind here www.wunderground.com
  • 23. STEP 8: RESEARCH YOUR ARBITRAGE OPPORTUNITIES It’s all very well choosing a place with nice weather but will your money last? I mentioned earlier it’s no fun being broke in paradise. But paradise doesn’t always have to be expensive. If you choose carefully, it can be cheaper than what you’re used to. Most people don’t know or benefit from arbitrage because it’s not
  • 24. available to them in their daily lives. Most people live and work in the same place. The commute between countries, or even cities, is just too expensive and energy-draining. But what if you could live and work in different places without the commute? If you had a Location Independent Business, you could live in a cheap country and work in an expensive one. When I mean “work in” I mean run your business in that country. Your business doesn’t even need to be in that country, you could simply sell to that market. Imagine you have an online store selling jeans to customers in Europe and North America. Your jeans supplier and drop-shipping operation is in southern China. You are based in the beautiful tropical island of Mauritius. In my Guide to Location Independence I detail a number of arbitrage case studies of people making it work. In one example, a couple moved from Hong Kong to Mauritius. They reduced their cost of living, traded an high rise apartment for a luxury seafront villa with maid and chef thrown in to boot. The best thing was they were able to continue work right where they left off. It’s possible.
  • 25. As Tim Ferris puts it: Live on pesos, charge in dollars, outsource in rupees. Action Points: * For a very basic overview of cost of living use sites like Numbeo and Expatistan. These are rudimentary but give you a basic feel for comparative daily items. If you need more granular detail, get my book * Use Airbnb to compare like-for-like rental costs
  • 26. STEP 9: RESEARCH EASE OF ACCESS TO YOUR DESTINATION How easy is it to get to your destination country? Often it’s not a case of distance. Brazil may be only 2 hours by plane away but, like South Africa, it’s one of the most expensive and restricted in terms of airline routes. Ease of access has more to do with competition than sheer distance. Kuala Lumpur in Malaysia, Singapore, Hong Kong, Oslo in Norway, Stockholm in Sweden, Berlin in Germany, Bucharest in Romania, London, Istanbul, Shanghai, Manila in the Philippines, Atlanta, LAX
  • 27. and New York are all examples of well served airports that have a lot of competitive flights serving them. By comparison, airports such as Rio de Janeiro, Johannesburg, Christchurch in New Zealand aren’t as well served. Not only are prices in these more competitive airports much cheaper, there is far more availability. This is particularly relevant when it comes to buying flights nearer the time. Uncompetitive markets ramp up the premiums near the departure date and aren’t afraid to gouge customers with excessive prices. Action Points: * The best site to work out how to get from A to B is Rome2Rio Kayak is a good site to search for flight availability for your route. Beyond flight comparisons, use their Explore feature which will give you an idea how far you can get for how much from most airports * The Barefoot Journal Guide to Air Travel is a good place to start not just for finding out flight possibilities but also how to hack the system to get the cheapest flights.
  • 28. STEP 10: RESEARCH YOUR VISA OPTIONS Visas are the least glamorous but most important part of any location independent traveler’s plans. Before we start let me explain 3 concepts: * Visas * Residence * Citizenship Visas: a stamp that lets you stay in the country under certain conditions for a limited period. It may be renewed if conditions are met. Tourist visas often can’t be renewed and don’t allow you to
  • 29. work. Work visas will carry conditions of the type of work you are allowed to perform. Residence: after a certain period of fulfilling visa obligations you may be granted residence. Permanent residence means you can live in the country as long as you wish providing certain obligations are met. Citizenship: if you really want to own a passport from that country, you can consider naturalization. It’s unnecessary unless you are thinking of your children’s adult future in the country. Some people get confused and think you need to be a citizen to live in a country permanently, that's not the case and often the last thing you want to do (unless the above reason re children). The following visas will be relevant to you: * Tourist visa * Work permit * Long term business / entrepreneur visa * Investor visa * Working holiday visa Needless to say, visas are specific to both the country you’re visiting and the country you are a passport holder of. On that basis, it’s difficult to any specific advice. So, avoiding specifics, I’ll be very general here. In most countries you can stay 30 days without a visa, as a tourist. In some countries, this is called a tourist visa. The difference is whether
  • 30. you need a stamp or not. You may be able to extend your visa with a valid reason but you will have to do this before it expires. Never overstay a visa. If you plan to secure employment in the country you will need a work permit. Permits are often tied to a particular employer although you can get one as a speculative entrant (meaning you are independent) if you have a good skillset (e.g. qualified medical professional etc). For those without skills on the skills shortage list you will probably need to go in as self-employed or a business owner. Conditions vary a lot by country. Some countries allow self-employed professionals with little experience. Others require history, upfront investment and for you to employ locals. Investor visas are for those with a lot of money to sink into a local business. By far and away the best option is the working holiday visa. If you are under 30 (or 35 in some countries) and from a qualifying country (great if you are from New Zealand and Canada) take this visa options as default. Note: none of these visas offer residence. They offer temporary residence for the length of your visa. Your visa may not be renewed. Residence is usually a secondary stage requiring further pre-qualification. If you plan to stay long term don’t just research visa options, research what the residency requirements are too.
  • 31. Action Points: * The best starting point to researching your visa requirements is to look at the ProjectVisa website which has an excellent country-by-country breakdown based on your own passport. * If your visa situation is not straightforward, I recommend talking to a visa consultant (or final option being a visa lawyer). * My book details visa options and how to work with both visa consultants and visa lawyers. I have had a lot of personal experience in this area, both successes and failures. Failures can be very expensive, so please learn from mine.
  • 32. STEP 11: RESEARCH INFRASTRUCTURE Infrastructure is the stuff you don’t see in the travel brochures, often the factors that don’t effect tourists but are vital to the longer term traveler. Roads, education, medicine, internet are to name but a few factors that will shape your location independent experience. You can start by researching internet speeds at your destination. The countries with the fastest speeds aren’t necessarily the ones you’d associate with the internet.
  • 33. By comparison to many in North Asia, the internet speed in US lags. It’s a little known secret that countries like Romania, Estonia and Lithuania have superfast internet speeds, while popular destinations like Australia and New Zealand are relatively slow. Countries popular with backpackers - Philippines, Thailand and Indonesia can also have painfully slow internet. So, be warned. Action Points: * Find your country on this list by Ookla. It’s a good starting point to see if you’re in the danger zone for internet speed. These speeds will also give you ideas about places you may not have considered before but ones that may offer a positive internet experience to help you build that Location Independent Business.
  • 34. STEP 12: START SAVING $50 A MONTH NOW As with any major change in life, you’re going to need some backup funds. Let’s start small. Everyone can afford $50 a month. If you can afford more, your saving goal should be 10% of your income a month.
  • 35. For now, let’s talk about $50. $50 a month won’t fund your travels but will establish good financial discipline that will eventually revolutionize how you think about money. Once you save $50 a month, you will find it easier to save $100 a month and so on. You will wonder why you made such a fuss about saving $50 a month when you are able to save $250 a month, every month. You will start questioning the validity of every purchase and subscription. Do you really need to spend $30 a month on cable TV? Action Points: * Set up a direct debt or standing order from the bank account you receive your income in to a new savings bank account. Take the money out automatically every month. If you need to do it manually you’ll find ways to stall or forget. If you don’t have a savings account, open one. You don’t need a high interest account or anything like that, just a place to store your money.
  • 36. STEP 13: SET A MONETARY SAVING GOAL FOR TRAVEL How much money do you need before you are ready to go? I don’t advise going with no money at all and relying on your income. You don’t know what’s going to happen in the near future so it’s always good to have a safety net. Find out how much it will cost to live in the destination country (countries) using my cheat sheets in the guide. This data will tell you how long $1,000 will last in any given city. I suggest a month’s
  • 37. money as an absolute minimum - so that may be up to $8,000 in a city like Oslo but as little as $1,000 in South India. The data I provide in the guide is perhaps more than what most backpackers would spend. I factored in the cost of living for someone who doesn’t stay in hostels and eat cup noodles. While that method of travel is very cheap, it can also be tough. Why suffer if you can afford it? As an example: * You will last only 3-4 days in Oslo, London and Zurich with $1,000. * You could last a week in cities like Tokyo, LA and Hong Kong with $1,000. * You could last 2 weeks in Auckland, Barcelona and Toronto. * You could last 3 weeks in Beijing, Cape Town and Phuket. * You could last a month in Goa, Kuala Lumpur and Yangon. * If you really want to stretch it, you can last 6-8 weeks in Yogyakarta, Kathmandu and Thiruvananthapuram. So, your emergency fund could be anywhere between $500 and $8,000 depending on where you go. On top of this you will need your flight ticket home if you don’t have it, so that’s another $1,000 right there. In summary, you’ll need a minimum of $1,500 to $9,000 backup fund for traveling long term. Set your monetary goal accordingly.
  • 38. Action Points: * Download my Travel Cheat Sheets which cover basic costs of living and accommodation by city. * Find out how much money you will need to survive a month in your target destination. Add $1,000 on top of that. That’s your minimum travel backup. Of course, you’ll be earning money as you travel but this money is your emergency fund. This is now your monetary goal. * How long will it take you to reach your monetary goal saving the $50 (or more) a month you are currently saving? If it’s going to take too long, how can you increase your monthly savings to meet the target in time?
  • 39. STEP 14: CREATE A BUY LIST The key to reaching your monetary goal earlier is spending less. I’m not talking about living the life of an ascetic monk. You don’t need to do that. You can live happily and well without compromise. Instead, focus on reducing unnecessary spending. Create a barrier between and your impulse purchases. Create a document, either online or a notepad, to store ideas about things you want to buy. Rather than buy those things, write them down. Review your document regularly and strike off the things you no longer need.
  • 40. The longer you hold out, the better your decisions will be, the less money you will waste. Action Points: * Create a blank document in Drive.Google.com and bookmark it in your toolbar. Install Drive on your phone and access the document there too. Whenever you have an idea or inspiration to buy something (usually when you are out shopping), instead of buying that item right there, write it down. When you remember things you need to buy, write them in the list. By making the list your default starting point for shopping needs you’ll keep reminding yourself that if it’s not on the list, don’t buy it.
  • 41. STEP 15: SET UP MULTIPLE BANK ACCOUNTS The key to saving money for travel is to be in control of your money. The difference between those with a lot of money in their bank and those in heavy debt isn’t their salary but their financial discipline. I used to be a financial advisor in my previous life. I sat across the table from medical doctors earning $200k+ a year but with credit card debts and unsecured loans of $50k+. It wasn’t uncommon. I also had clients who earned very little but were diligent and disciplined with their money. They saved little and often.
  • 42. The key to their success was being able to control their finances. Set up a bank account for your daily expenses, one for your savings, one for your investment income, one for your rainy day fund and so on. The more the better, ideally with the same bank. You can reach your monetary goal with good discipline. I already talked about creating a Buy List. It’s not the answer to all your financial goals, it’s just one step in the right direction. The same is true of multiple bank accounts. Action Points * Contact your bank and tell them you want to set up another account. They may ask you why. If that’s the case, tell them it’s to “manage your money”, that should suffice. Try to avoid all the products they throw at you like “money manager accounts” and “high interest savings accounts” etc. A standard account will work just fine. Make sure it’s connected to your original account and you can manage it online. * Now you have your account, start managing your money. Set up inter account debits so you can take your travel money out on a monthly basis automatically. If you have multiple accounts, focus each account on a specific goal e.g. Main account is for daily cashing and banking. Second account is saving. Third account is for paying rent etc.
  • 43. STEP 16: TURN OFF THE TV Start by turning off the TV. You will see less advertising. Your life will become less concerned with those of celebrities. You will consume less. You will have more time to do what counts.
  • 44. You will wonder what the fuss was all about in the first place. I have watched only a couple hours of TV in the last year of travel. I don’t miss it. I don’t care about the Game of Thrones or Kim Kardashian and I think life is a lot lighter that way. I’m not weighed down by advertising expectations or the dramas of other people’s lives. We spend a lot of time as a culture fussing about the junk we put in our stomachs but so little about the junk we put in our heads. Try a media diet. I found that some things I just had to watch TV for. The soccer World Cup, the Olympics and the Tour De France, for example. Somehow, watching recordings just weren’t as fun as the live experience. But you don’t need a TV subscription package to watch these events anymore. While many countries block these events due to ridiculous territorial licensing arrangements there are numerous opportunities to watch them online for free. Currently, some experts recommend me to use http://www.vipleague.se which (they say) can get you access to almost any sports event around the world. I wouldn’t recommend that site for obvious reasons, I’m only telling you what others tell me :) But apart from these diversions, you can live without TV.
  • 45. Action Points: * Start with a week without TV. See how much more time you have to go to work on your Location Independent Business ideas and your travel plans. See how TV makes very little difference in the content of our daily life. Read more. Play more. See how life changes for you.
  • 46. STEP 17: CANCEL YOUR SUBSCRIPTIONS Do you really need all that stuff? Only keep the subscriptions that are important to your daily life - like internet for example. Everything else can go. Canceling a TV cable or a magazine subscription will save you a lot of money. It will also free up your mind to start thinking about your goal of long term travel. You can save $100s a month just by conducting an audit of your regular payments.
  • 47. You may be surprised, shocked even. By reducing the noise, we can focus on what's important. Action Points: * Conduct a debit audit. Get your last 3 months bank accounts and highlight all your current automated payments. Find out how much you are spending a year on these services. Now look at how much of that money you can convert to travel savings by getting on the phone and canceling. * If you do have to setup or keep a subscription, try to avoid using your credit card. Once they have the long number it can be impossible to cancel if the merchant/supplier refuses. Your bank may have to issue a new card and that’s a real pain. Instead, set up a continuous payment with your bank numbers only, meaning you should have some protection against misuse. * Be firm. When you try to cancel a subscription you may be referred to a special department whose job is to keep you on board. Just keep saying “no” until you get to the point which they cancel your subscription. Remember, you’ve never spoken to this guy before, so why is he suddenly interested in you?
  • 48. STEP 18: FIND OUT WHAT YOU’RE PASSIONATE ABOUT Chances are you are passionate about something. There is something you do that keeps you up all night or busy all weekend. There is something that you dream about while at work. Chances are you’re not getting paid for it. That’s because you haven’t worked out how, yet.
  • 49. But what if you could get paid for yoga, jewelry, coaching or playing Minecraft? Today there are multiple options for enthusiasts that simply didn’t exist 10, let alone 5, years ago. You can make money out of your passions today by turning those passions into a business. The reason you need to find out what you’re passionate about is that is a gold mine for building a location independent income or business. If you love teaching English, you could get paid to teach online using a site like iTalki.com. You could also set up an online course using Udemy.com where you can get paid for subscribers rather than the hours you put in. If you love making things, why not sell them on Etsy or Ebay? These platforms do the heavy lifting for you. If things go well and you want to keep the business going while you travel, look into drop shipping. Drop shippers will take over the order fulfillment and shipping side of your business. There are always possibilities. It’s hard work and it takes time, that’s why it’s important to build an income or business around what gets you out of bed in the morning. If you have a full time job, you don’t want to be coming home in the evening loathing the thought of spending 2 hours marking exam papers to save income for travels. How would you feel differently if you were coming home to do something you were motivated about -
  • 50. like making jewelry, teaching yoga online or consulting to startup businesses? Action Points: * Write down the skill that people know you for. You may be the guy that fixes bikes, the one who knows about travel in Africa or the guy who can sell. What people know you for is what you have already established as a personal brand. Perhaps it’s unwittingly. Perhaps it’s for skills that take place outside the work environment (most likely). Whatever it is, identify it and build on it.
  • 51. STEP 19: START A LOCATION INDEPENDENT BUSINESS A Location Independent Business is a business you can take anywhere in the world. A LIB is a business you can run from a beach bungalow in Phuket or an apartment in downtown San Francisco. The key to location independence is a business that can make money while you sleep. Start your LIB before you travel.
  • 52. If you’re employed, even better. Use the security of your stable income to bankroll your business. If you’re a business owner. Start another business - a location independent one that doesn’t rely on you being somewhere at a certain time for the business to work. You don’t need to incorporate or formally register business until things get going. Take advantage of online opportunities. There are far too many to go into detail in this document. If you are interested in exploring online opportunities refer to my Location Independent Guide. Action Points: * In the last step you wrote down that skill people recognize you for. Now think about how you can charge for that. If friends are often asking you for your opinion on a business idea, perhaps you could charge for that. You won’t charge your friends but you can charge strangers. If friends come to you when they want weddings planned, perhaps you could write an Ebook about that, or train wedding planners online. * Start your LIB today. You don't need to incorporate. You can start a business with just $10. Buy a domain name for $5. Commission a logo for $5 from www.Fiverr.com Write your business plan on one sheet of paper. You are ready. No longer are you thinking about starting a business. You are a business owner.
  • 53. STEP 20: CREATE A LOCATION INDEPENDENT INCOME Location Independent Businesses take time. It may be months or years before you break even. Set up a Location Independent Income stream in the meantime. People often call this freelancing. There are numerous platforms set up for freelancers these days geared towards Location Independent workers. You can be
  • 54. translating, writing or doing voiceover work. Make sure the work is location independent. Once you are tied to a particular place or employer, your travel will suffer. Action Points: * Check out Odesk.com and Elance.com. Type in your current skillsets into the search bar under jobs (clients). See what kind of jobs people are advertising for. The pay may be different to what you’re used to. The key is to build up your profile and reputation so you can charge more. Now type the same skills into the search under providers (people). You can now see what people are charging for their services. * If you teach languages check out www.iTalki.com * Set up your profile on spec. Filling out your profile will force you to think about what sale-able skills you possess. If you’re a medical technician you have expertise. If you’re a teacher, you can teach others online. If you love designing, you can sell your skills here too. If you have no skills, remember you speak a language and have a pair of hands. That’s useful to someone somewhere. Anything is possible. * Focus on project work. Rather than getting paid by the hour, get paid by delivery. This way you can work around your existing hours. It also means you can provide more meaningful work. Hourly work tends to be less rewarding.
  • 55. FIRE YOUR BOSS, SELL YOUR CAR, TRAVEL THE WORLD: HOW TO LIVE THE LOCATION INDEPENDENT LIFESTYLE This document is only 50 pages. If you are serious about long term travel then I recommend my guide: “Fire Your Boss, Sell Your Car, Travel the World” You can get the guide from Amazon here: http://www.amazon.com/dp/B00N0B4WSW http://www.amazon.co.uk/dp/B00N0B4WSW http://www.amazon.de/dp/B00N0B4WSW http://www.amazon.it/dp/B00N0B4WSW http://www.amazon.ca/dp/B00N0B4WSW http://www.amazon.com.au/dp/B00N0B4WSW
  • 56. SHARE THIS DOCUMENT If you know someone who you want to come with you on your travels share this document with them. Maybe they need a little push. Maybe a pull. Maybe some convincing. It's important you both buy into the dream. It can be done. This document is proof. ABOUT THE PHOTOS All the photos are from the last few years of my travels and from my Instagram feed. If you're on Instagram, connect with me here: www.Instagram.com/BarefootJournal YOU CAN ALSO CONNECT HERE www.Facebook.com/TheBarefootJournal www.BarefootJournal.com