During the episode, Howard shares his experience during this big move from Los Angeles to Thailand. This is an exciting conversation about the upsides of living in a cheaper place without sacrificing the quality of life. As a bonus, Howard shares some tips on how to passively increase your income and how to properly manage your wealth.
Listen to episode 207 on iTunes, or your favorite podcast app on your phone.
Episode 207 Show Notes
Hypath 2in1 Travel Bag
Ep 181 - Going from $70,000 in Debt to Making $10,000 a month Dropshipping
04:09 – What was his life back in Los Angeles
11:37 – Making his way through college
17:00 – His decade-long business
20:28 – Assessing success in the business
26:48 – Dead inventory
30:55 – Running an inventory-based business
36:47 – Managing money and assets
37:28 – Tips on how to increase income passively
42:10 – His investment scheme
46:00 – What is dollar-cost averaging?
52:44 – His big move to Chiang Mai
53:55 – Chiang Mai vs. Los Angeles
1:06:50 – Strategic use of debt
1:15:33 – Benefits of living in a cheap place
1:21:55 – Expenses in Chiang Mai vs. L.A.
1:23:58 – Quality of life in Chiang Mai
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