That Remote Life | Interviews with Digital Nomads and Location Independent Entrepreneurs | TRL 132: Personal Finances for Digital Nomads & Freelancers with Jules Costa

Today on the podcast I am joined by Jules Costa a digital nomad and personal finance mentor. I met Jules on Instagram a few months ago and since then have really enjoyed Jules' down to earth advice on personal finances relating to the digital nomad lifestyle which is something that the nomad world needs 100% since most financial advice doesn't fit as neatly for those of us who run our own business and change locations every couple of months.

You will learn 3 important things from this interview:

1. Why digital nomads tend to follow a winding path career path unlike their "corporate" contemporaries
2. The importance of mentorship and the #1 tip that will make you get noticed by industry leaders and increase the chances of them mentoring you
3. Jules shares with us their 3 digital nomad budget formula and how to save for retirement as a location independent professional or entrepreneur.

Show Notes

💬  Topics Discussed:

• What is the Tulsa Remote Program and why Jules decided to participate
• Why Jules decided to become a digital nomad
• Why digital nomads tend to go through a discovery period unlike their corporate contemporaries
• The importance of mentorship and how to find the right mentor for you
• How to manage multiple businesses and projects at the same time
• Personal finances tips as a digital nomad and location independent entrepreneur
• Retirement savings for digital nomads

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🎒 Resources:

• Tulsa Remote
• Workaway
• What is no-code? The pros and cons of no code for software development
• Zencastr
• Jules on Instagram
• Alta Vista
• What is Web3
• Brooke Adams Law - Writing Coach
• Louise Cole
• What is Roth IRA?
• What is a Solo 401K?
• What is a SEP IRA and how do they work?
• [book] 4 Hour Workweek by Tim Ferriss
• Jules Facebook Group - Trusted Remote Workers

What is That Remote Life | Interviews with Digital Nomads and Location Independent Entrepreneurs ?

That Remote Life is a podcast focused on helping you become location independent in order to live life on your terms. Serial entrepreneur and traveler Mitko Karshovski interviews some of the most successful entrepreneurs and digital nomads to help uncover the strategies and skills to help you reach the same success. Follow Mitko's journey in real-time as he builds his own location independent business and shares all the lessons and experiences. If you are someone who wants to get out of a desk job, start your own business, and become a location independent entrepreneur, then this show is for you. Visit the show online at ThatRemoteLife.com/podcast