An RVer's secret sauce is geo-arbitrage
What is geo-arbitrage?
The term was coined by Tim Ferriss back in 2007 in his book, The 4-Hour Workweek. It's a simple concept. You move to a location with a lower cost of living while your income stays the same. The net effect is that your disposable income increases.
That's the whole concept behind being a digital nomad. You don't have to be sitting on a beach in Bali with your computer to be a digital nomad. You could be a digital nomad in your RV boondocking in Arizona.
As an RVer, you can take advantage of this opportunity better than anyone on the planet
Let me explain. You could live in New York City or the Silicon Valley area of California and earn a high salary, but it would take a lot of money to live in those places.
People living in Central America, Bali, Thailand, South America, and many developing countries have a low cost of living, but salaries can be less than $2.00 an hour.
Now, with high-speed Internet available almost everywhere, you can have the best of both worlds if you have a location-independent source of income.
You could live where the cost of living is low while making an income equal to or higher than you would be making if you were living in a high-cost-of-living area.
For example, as an RVer, you could boondock with almost no cost, and use your computer to earn an income equal to or maybe even higher than you were making sitting in a cubical. You might even be a remote worker and keep your present job.
Being able to take advantage of geo-arbitrage is one of the biggest benefits of living the RV lifestyle.
You can be a digital nomad in a coffee shop, on a beach, or in your RV.
In next week's article, I'll show you some of the many ways RVers are taking advantage of the many opportunities to become digital nomads.
Bottom line:To make things even better, when you have a low cost of living, you won't need to make nearly as much money to have a comfortable life. You can work fewer hours, have less stress, and live a much more enjoyable lifestyle when you're working as a location-independent digital nomad.