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Very cool! I've been interested in convincing my family to try something that's a bit more nomadic, but thus far we've only flirted with it in transitions between more settled things. It is very attractive to me.
The mental accounting you do makes a lot of sense. I can see how it helps with perspective.
If I may ask without it sounding too probing, how do your children do with the nomadic lifestyle?
If I may ask without it sounding too probing, how do your children do with the nomadic lifestyle?
Not at all. We don't have kids. So we're doing it in easy mode. :)
We met a few nomads who do, though. That is genuinely another ball game, but not impossible.
Those who appear to thrive as nomads, have embraced home-schooling and seek out / arrange lots and lots of ad-hoc socializing events for the kids.
Not having a fixed set of friends is a problem for just about all of the kids. Their parents look to offset that, eg. by frequently stopping by locations where one of the kid's close friends live.
In one case I know of, they also often invite the "settled" children over to join their travels during the school holidays. Of course that only works because their parents trust them, or join the trip themselves.
No, it doesn't. For two reasons.
First and foremost, we live a frugal, sorta-minimalist lifestyle anyway.
We're nomadic 6-9 months per year, meaning we don't buy much other than food, reasonable accommodation when abroad, and tickets for our travels.
Most of our spending, therefore, are necessities.
Secondly, I use a bit of a mind trick that goes hand in hand with living (at times significantly) below our means:
We replace more than we spend and I keep track of all purchases & spends.
I then simply track the spends in a FIFO manner and calculate the "nominal discount" in our reference shitcoins, comparing how much we paid for the very sats we're spending now.
Currently, we're spending sats we bought (read: "replaced") in August 2023. In effect, we paid about half of the value in shitcoins compared to what we get when spending today (after mentally converting the spent sats back to shitcoins.)
That takes a large part of the sting out of it. And the time gap between when we replaced sats to when we spend those keeps building. So, the longer we stay the course, the bigger the benefits we reap from it.