Guide to Finance

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Gross Monthly Income Definition
Robert Seviour
Don't believe me? Then you haven't been to the right places. If you live in the Europe or Japan you'll know how high the cost of living is and $1,000 does not buy very much.
But you are looking at an artificial situation. Living on planet earth does not require a big income. In most countries a thousand dollars a month gets you all you need and not just at subsistence level.
For some inspiration about which places this applies to take a look at It's a complete listing of the countries of the
world. Although there are obviously some which aren't appropriate, you'll see that the choice of possible locations is huge.
By making a list of the items you need to pay for every month at home and then doing the same for other countries you will see how it is that I'm telling you that you don't need much money to live well. I did this for a comparison between
living in London, UK or living in San Miguel Allende, Mexico.
Adding together accommodation, food, transport, entertainment the cost of living in London is 11 times more expensive San Miguel. Not only that, but most people would say that the quality of life there is better too.
So why struggle to make enough to live in a country that is too expensive? Even on a low income by western standards you have many alternative choices.
Read my article
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