Why Having a Plan B is a Good Idea

I’m certainly not what you would call a conspiracy theorist, but I do have my concerns about what the future holds for civilized society.

And that’s why I have a “Plan B.”

Everybody should have a “plan B” — a second alternative that you can feel comfortable going back to if your initial plan doesn’t go as well as you thought it would.

But before I speak about this “plan B”, let’s try to define what the plan “A” is in the first place.

Plan A is what most people try to do. It’s called the “American Dream,” or a little less warmly, the rat race.

I believe that the American Dream in itself is a noble endeavor. Everybody wants to improve their current circumstances and do better for themselves and their loved ones.

Own a house. Raise a family. Drive a nice car. Invest some money so you don’t have to worry about your old days. Live somewhere nice.

The usual.

I’m certainly not putting down any of these things. I’m not a strict naturalist who thinks that “materialism” is bad and the desire to become financially independent is not “spiritual” or healthy to do. I believe that everybody on Earth has the right to pursue their own happiness, whatever that means to them, so long as they aren’t harming anybody with malicious intent.

The problem with the American Dream is when it turns into the “rat race”. When you’re constantly running in circles trying to achieve the dream but never quite reaching it, and never being fulfilled during the entire process. That’s the rat race.

You’re only focusing on the future possibility of attaining what you want, but not enjoying the time you have RIGHT NOW. You’re living life in the future. Stop for a moment and be grateful for the moment you have now!

Of course there are many factors that play into the rat race, and make it such:

  • You do your best earn some income, but the government takes most of it away in taxes, overtly or covertly.
  • Inflation eats away the value of your money and prices for commodities and goods keep rising.
  • The entire culture around you is constantly influencing you to spend, spend, and spend your money, and you find it hard to save any.

It definitely would be much easier to achieve certain level of prosperity if there were not all these obstacles in your way.

But another problem with the rat race is that even if you manage somehow to get the things you once coveted, will you feel fulfilled and happy with it?

Here, the goal is more than making money on the Internet. It’s about living a live you love, a life that you’ve designed, not one that was designed for you.

The Internet Freedom Lifestyle

With the Internet freedom lifestyle, you are free to choose to live anywhere you want and aren’t chained to a desk in one specific location. Over the years I’ve spent several months out of the year (usually during the winter) somewhere tropical.

I wouldn’t be able to be doing what I’m doing if it were not for the Internet Freedom Lifestyle. It really isn’t all about the cost, as most places I’ve spent my winters abroad are a fraction of the cost to live in vs. Canada or the US.

It’s more about having the freedom to actually go there.

Now I know that you probably have some commitments that might not make it easy to leave for several months a year, such as a job or children.

But that’s also why I want to talk about this, so you can know that you can have a “Plan B” if you really want to change your life and that there is more than just one path to take in life.

Many people have told me over the years that they would absolutely love to leave their home country for a while and go off and explore the world. Or even just get away for a winter.

When it comes down to it though, is it really all about money?

There are lots of places where you can have a great life for as little as $700 a month. Tropical places such as:

· Goa, India (where you can rent a place close to the beach for less than $400 per month)

· Ecuador, where I know a couple who spends only $500 for their entire lifestyle (and enjoy lots of luxuries)

· Mexico, where you can find lots of beautiful and friendly pueblos away from the main tourist areas for a fraction of the resort prices.

· South East Asia, where mangoes cost 50 cents a pound (or less), avocados 20 cents each, and durian (a favorite tropical fruit of mine) $1-4 each.

And if you like it a bit more like home, Costa Rica is a great, friendly place that costs a bit more than the aforementioned places, but not nearly as much as you would spend in North America.

I personally find it extremely comforting to know that I can always live in great places all around the world just from the income that I earn with my Internet Business.

How hard is it to generate $700 in profits each month from an Internet business?

Not hard at all, as I’ll show you in a moment.

Isn’t it good to know that you have some options in this world?

Generating Internet Income Anywhere in the World

Even if the whole “relocation/travel” thing doesn’t appeal to you, at least you know you have other options than the eternal rat race that most people are chained to for their entire lives.

The first step is to set up a business that can earn you passive income from anywhere in the world.

When I say, “passive income”, I’m referring to semi-automatic sales.
You will have to put in work to set things up, and after you will have to put in regular hours to maintain it, but all of these efforts will generate sales automatically afterwards.

If you want true passive income, you’ll have to put aside $250,000 (or more depending on interest!) aside in Certificates of Deposits. Supposing that it earns you 5% per year, you’ll earn a little over $1000 per month in interest. But even that can’t be forever, because interest rates will change every year, and inflation will eventually eat away a chunk of your nest egg.

Plus…who really wants to stop working completely?

If you love what you do, and it introduces something positive in the world and earns you what you need to live with only a few hours of work per week…why would you want to give that up?

A short checklist:

• Set up your Internet business, which has many automated systems built into it allowing for semi-passive income.

• You earn X amount of dollars per month, enough to cover your desired lifestyle, plus some for savings and emergencies or future projects.

• You set this business up in a jurisdiction that works for you. For most people, that means opening a business in the USA, Canada, or Europe.

• You don’t have to create a “company” at this point, as you can do business under your own name. You may consider looking into forming some kind of enterprise (such as a sole proprietorship) however, in order to get the best tax deal.

• Money earned will be deposited in your business or personal bank account. A certain amount should always be set aside for taxes. Discuss this all with your accountant.

• You can withdraw this money from anywhere in the world using your ATM card, through bank transfers, Western Union, or take enough cash with you when you leave.

• Set things up the right way at home: have your finances, accounting and paperwork all in order. Then you’ll have the ability to be free to leave for anywhere for almost any amount of time. Almost all paperwork that needs to be signed can be sent remotely with a fax (use www.efax.com for a true international fax number).

The simpler and more systematized your business is, the easier it will be for you to go wherever you want and live the life that you desire.

You don’t need to be stuck in the rut of one thing for your entire life. Take a look and see what other possibilities are out there and get living!