- Mar 31, 2020
- 525
- 262
I have been on this forum for a long time—years, actually. I use this place from time to time, sometimes on a daily basis. I write about my life plans, expectations, and goals here. I will write about everything, both good and bad, and I will also write in detail about my plans for March next year, since my birthday is in that month.
This journey will be updated every week in short summaries, probably every Sunday or Monday. I will also publish a detailed update once a month. I should be publishing my detailed update within 2–3 days, and if I have time, I may even publish it today.
I think I have been writing various posts on this forum for around 3–4 years. Of course, a lot has changed in my life since then. I am currently 28 years old and living in Istanbul. I completed my university education 5 years ago. I graduated from business administration and specialized in stock market-related topics, but I did not work in that field.
Since I currently live with my family, I do not have very high living expenses. A fixed lifestyle feels boring and stressful to me, so I have been focusing on making money online for a long time. Although I have faced difficulties from time to time, I have managed to achieve some small-scale successes.
At the beginning of this year, I was diagnosed with epilepsy, and since then I have started to be more careful in my work life and in other areas. I want to stay away from things that stress me out and live a calmer, slower life.
My current goal is to leave this country in March 2027 and live as a digital nomad. I aim to change countries every month or every 2–3 months. Right now, my first goal is to stay in Vietnam for around 2–3 months and start this journey that way. After that, I may continue with Indonesia or the Philippines, or maybe I might stay in Vietnam for 6–7 months.
My profit goal is at least $2,000 per month after deducting all expenses. This is not my revenue goal; I am talking about the money left after deducting living expenses, company expenses, health insurance costs, hotel expenses, and all other costs. I will save this money every month and invest it in investment funds.
So far, my plan is as follows. I am writing my revenue, expenses, and profit goals:
My average monthly fixed expenses will be as follows:
13,700 TRY for all monthly expenses of my Turkish company. These are fixed expenses, including health insurance, some monthly taxes, accounting fees, etc. In Turkey, income tax on foreign-sourced income is 0%. This is around $293. My health insurance payment period will completely end after 7 years. Since my treatment process will continue in Turkey, I am thinking of returning to Turkey at least once a year, or maybe I can continue my treatment in the country where I live.
UK company expenses are around $300–350 per year in total. Since I spend all the money by the end of the year, there is no income tax or other taxes. I generally use this company for PayPal and Stripe. This can be considered around $30 per month.
These two together come to around $323.
In another country, I am also planning to spend around $1,000 per month on average. I learned about the average cost of living in Asian countries by talking to people who live there. So, in total, I plan to spend around $1,323 as fixed monthly expenses.
In addition, since I will also include extra expenses such as healthcare costs, visa extensions, flights, and similar costs, I am adding another $577 as an extra expense for the worst-case scenario.
$1,323 + $577 = $1,900 in total expenses.
Main goal = $4,550 - $1,900 = investing $2,650 per month.
I would be very happy if you could share any ideas, suggestions, or extra information. I know I wrote quite a long post, but thank you for reading it. I will update last month’s data soon, maybe in 2–3 days. I would especially appreciate your suggestions about SaaS or MyLead.
When I successfully make this journey happen, I will share a few photos here and continue posting updates.
This journey will be updated every week in short summaries, probably every Sunday or Monday. I will also publish a detailed update once a month. I should be publishing my detailed update within 2–3 days, and if I have time, I may even publish it today.
I think I have been writing various posts on this forum for around 3–4 years. Of course, a lot has changed in my life since then. I am currently 28 years old and living in Istanbul. I completed my university education 5 years ago. I graduated from business administration and specialized in stock market-related topics, but I did not work in that field.
Since I currently live with my family, I do not have very high living expenses. A fixed lifestyle feels boring and stressful to me, so I have been focusing on making money online for a long time. Although I have faced difficulties from time to time, I have managed to achieve some small-scale successes.
At the beginning of this year, I was diagnosed with epilepsy, and since then I have started to be more careful in my work life and in other areas. I want to stay away from things that stress me out and live a calmer, slower life.
My current goal is to leave this country in March 2027 and live as a digital nomad. I aim to change countries every month or every 2–3 months. Right now, my first goal is to stay in Vietnam for around 2–3 months and start this journey that way. After that, I may continue with Indonesia or the Philippines, or maybe I might stay in Vietnam for 6–7 months.
My profit goal is at least $2,000 per month after deducting all expenses. This is not my revenue goal; I am talking about the money left after deducting living expenses, company expenses, health insurance costs, hotel expenses, and all other costs. I will save this money every month and invest it in investment funds.
So far, my plan is as follows. I am writing my revenue, expenses, and profit goals:
- Amazon KDP = $3,750 revenue - $1,500 advertising expense = $2,250 profit goal
This is my main business. Maybe I can do more than this, but for now I wanted to set a consistent and realistic goal. - Teachers Pay Teachers (TPT) = $300 profit goal, with no expenses
This is a platform generally used by teachers. I create products for this site using Canva. I upload products there together with my sibling, so I give half of the earnings to them. I am only writing the amount that remains for me. In the screenshots, I will divide the earnings in half. My personal goal is $300. Since schools are currently on holiday in most parts of the world, the income is not very high right now. - Digistore24 = $500 profit goal, with no expenses
This is a popular site used for affiliate marketing. There is not much detail to add here. - Gumroad = $650 revenue - $150 advertising expense = $500 profit goal
I promote through social media, but I may also try some paid ads. I sell some e-books I wrote about topics I know in Amazon KDP. I am also considering selling and adding some PLR products. - SaaS = $500 profit goal
I am still thinking about the details and do not have a clear plan yet. However, I am considering building a subscription site with educational content about Amazon KDP, or a similar site for PLR products. There may be other ideas as well, and I would appreciate your suggestions. - MyLead = $500 profit goal
This is a site with options such as affiliate marketing, payment per sign-up, and trial sign-up offers. Maybe I can do ad arbitrage. I have not examined it in great detail yet, but it seems to have potential.
My average monthly fixed expenses will be as follows:
13,700 TRY for all monthly expenses of my Turkish company. These are fixed expenses, including health insurance, some monthly taxes, accounting fees, etc. In Turkey, income tax on foreign-sourced income is 0%. This is around $293. My health insurance payment period will completely end after 7 years. Since my treatment process will continue in Turkey, I am thinking of returning to Turkey at least once a year, or maybe I can continue my treatment in the country where I live.
UK company expenses are around $300–350 per year in total. Since I spend all the money by the end of the year, there is no income tax or other taxes. I generally use this company for PayPal and Stripe. This can be considered around $30 per month.
These two together come to around $323.
In another country, I am also planning to spend around $1,000 per month on average. I learned about the average cost of living in Asian countries by talking to people who live there. So, in total, I plan to spend around $1,323 as fixed monthly expenses.
In addition, since I will also include extra expenses such as healthcare costs, visa extensions, flights, and similar costs, I am adding another $577 as an extra expense for the worst-case scenario.
$1,323 + $577 = $1,900 in total expenses.
Main goal = $4,550 - $1,900 = investing $2,650 per month.
I would be very happy if you could share any ideas, suggestions, or extra information. I know I wrote quite a long post, but thank you for reading it. I will update last month’s data soon, maybe in 2–3 days. I would especially appreciate your suggestions about SaaS or MyLead.
When I successfully make this journey happen, I will share a few photos here and continue posting updates.
