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Strategy

Dexter Zhuang Reflects on One Time He Quit Tech Job to Travel the World

Dexter Zhuang
Last updated: February 12, 2024 1:28 pm
Dexter Zhuang
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Dexter is a fractional CPO at scaling startups and founder of Money Abroad, a popular newsletter about financial wealth strategies for expats. He also has 20k+ followers on Linkedin.
Guest Author: Dexter Zhuang

In 2019, I quit my cushy tech job in San Francisco and traveled the world for a year.

Was this a smart financial decision?

Depends on who you ask.

๐—•๐—ฎ๐˜€๐—ฒ๐—ฑ ๐—ผ๐—ป ๐˜๐—ต๐—ฒ ๐—ป๐˜‚๐—บ๐—ฏ๐—ฒ๐—ฟ๐˜€, ๐—ฑ๐—ฒ๐—ณ๐—ถ๐—ป๐—ถ๐˜๐—ฒ๐—น๐˜† ๐—ป๐—ผ๐˜.

I spent $35k+ while earning a low 5-figure income as a part-time career coach.

Even accounting for higher cost of living in SF and tax bracket, I forwent $100k+ in potential savings and investment.

๐—•๐—ฎ๐˜€๐—ฒ๐—ฑ ๐—ผ๐—ป ๐˜๐—ต๐—ฒ ๐—น๐—ถ๐—ณ๐—ฒ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฟ๐—ถ๐—ฒ๐—ป๐—ฐ๐—ฒ, ๐—ฎ๐—ฏ๐˜€๐—ผ๐—น๐˜‚๐˜๐—ฒ๐—น๐˜† ๐—ฝ๐—ฟ๐—ถ๐—ฐ๐—ฒ๐—น๐—ฒ๐˜€๐˜€.

I experienced tremendous personal growth.

I created fond memories I will cherish for the rest of my life.

I even pivoted my life trajectory, moving to Singapore and growing my tech career internationally.

๐—œ๐—ป ๐—ฝ๐—ฒ๐—ฟ๐˜€๐—ผ๐—ป๐—ฎ๐—น ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ, ๐—บ๐—ผ๐—ป๐—ฒ๐˜† ๐—ถ๐˜€ ๐—ฎ ๐˜๐—ผ๐—ผ๐—น.

Numbers are important, but donโ€™t let them define your choices.

Donโ€™t use money to cut back on things you love just because theyโ€™re โ€œexpensive.โ€

Use money to actualize your vision for how you want to live your life.

If you want to drop a couple stacks on a once-in-a-lifetime Eurotrip, I support you. Go for it.

Yes, run the numbers. Sure, cut back on things you donโ€™t care about.

But donโ€™t be afraid to spend on what you love.

After all, whatโ€™s the point of building wealth if you donโ€™t even know how to spend it?

***
I write about money & entrepreneurship lessons in my newsletter. Join over 5,000 readers here:
www.moneyabroad.co

Follow Dexter Zhuang for more content like this.

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