This is not financial advice or a sales pitch for lifestyle or financial planning resources. I have nothing to sell. Everyone’s financial path and circumstances are different. Financial liquidity is an essential part of my path to a nomadic life style.
Wealth by itself does not guarantee a desired life style. Wealth is traded for things that facilitate a life style. Nomads need access to wealth to buy things that support their life style. Nomadic life styles are characterized by frequent relocations and lack of a permanent residence. Nomads’ access their wealth should not be affected by these factors. Nomads need to access their wealth where ever they go. Nomads’ wealth needs to be liquid to do this.
The definition of liquid is “flowing freely but of constant volume.” Liquid wealth moves freely without loss of value. All of my wealth is liquid. My money flows freely around the world without loss of value. It is available to me any place connected to the internet. My wealth is linked to credit and debit cards that I use to make local purchases or cash withdrawals from ATMs. I never pay foreign exchange or transfer fees.
I am fortunate to have liquid asset that are sufficient and accessible to allow me to travel anywhere in the world. In other posts, I examine:
- My path to financial freedom.
- Liquidity.
- Influence of my past working life on my present lifestyle.
- Alternate financial paths I might have taken.
- Other financial aspects of my present life style:
Leave a Reply