Dexter Zhuang achieved Coast FIRE—a state where he doesn't need to add to retirement savings—by strategically increasing his income and reducing his living expenses. He utilized geo-arbitrage, which gained traction during remote work transitions, allowing him to earn a higher salary while living in more affordable countries. Initially starting in a high-cost city like San Francisco, he lowered his monthly expenses significantly by relocating to countries with a lower cost of living, exemplifying how this strategy can help improve financial stability.
"my average expenses were about $6,422 per month in San Francisco. Fast-forward to Singapore in 2022, my total monthly expenses were $4,945"
"[pandemic] geo-arbitrage became increasingly popular when remote work allowed employees to work from anywhere"
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