Financial Truths I learned Living Abroad (18 Years Expat)

Summary

This expat shares eight financial truths learned over two decades of living abroad, emphasizing that much common financial advice is flawed because it assumes a fixed home country context. A key takeaway is that retirement "numbers" are flexible and constantly changing, unlike the commonly projected fixed figures based on current spending. The practical conclusion is that by stepping outside of one's home financial system, expats can discover truths that significantly alter their perception of financial planning, especially regarding controlling annual expenses.