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EER105: Day Trading and Travel & the Cost of Living in Mexico with Kids
Day trading and travel. The cost of living in Mexico with kids. Childbirth overseas and a day in the life of a digital nomad family in Guanajuato, Mexico. These are just a few things covered in this week's episode of Epic Education Radio.
Pregnancy, Travel & the Cost of Living in Mexico
Meet the Luxpats. Once living as expats in Luxembourg, David Keys and Sarah Beaudette have lived in South Africa, Thailand, Croatia and elsewhere, while traveling to many neighboring countries. Now they are based in Guanajuato, Mexico — partly because of the proximity to family in the United States, and partly because of the cost of living in Mexico.
In this episode, we talk about the cost of living in Mexico and what it's like to living in Mexico with kids. At the time of recording, David and Sarah had only one child: three-year-old Spencer. Soon, however, Spencer will be joined by a sibling and his sibling will be born in Mexico.
Because of the heat other concerns such as the Zika virus, they chose to live at a higher elevation. So far, their choice of Guanajuato has worked very well for them.
Living in Mexico with Kids
David and Sarah's very different upbringings meant that they approached long-term travel with kids differently. David was a military brat who moved around a lot. Sarah lived in one place with a lot of relatives around. As they continued their digital nomad family life, they discovered that they reacted very differently to travel day as it approached. David looked forward to it, while it made Sarah anxious.
The solution they came up with was to find a home base to travel from. For the time being, that home base is Guanajuato, Mexico. They chose Guanajuato for several reasons, which they explain in our conversation.
Healthcare, Childbirth and the Cost of Living in Mexico
So far, they have great things to say about healthcare in Mexico. The cost of living in Mexico has also been a big advantage, they say, and they give real numbers in our conversation on their expenses: daycare costs, house rental, etc.
Day Trading and Travel
David and Sarah have experimented with a number of income streams during their digital nomad family life. Presently, however, David has discovered day trading and travel to work best for him. Specifically trading gold.
In our conversation, he explains what day trading and travel mean to him: what he does and how he manages his time.
Tune in as we discuss travel gear, the cost of living in Mexico, day trading and travel, childbirth in Guanajuato and much more. Listen in, and please share!
IN THIS EPISODE
- 02:42 Intro
- 04:33 Finding a home
- 09:00 Why Guanajuato, Mexico
- 11:50 Medical and doc considerations (baby & Zika)
- 15:32 A day in Guanajuato
- 21:00 Budgeting and real numbers
- 23:50 David explains day trading and travel
- 35:00 Gear
- 49:28 Resources
- Names: David Keys, Sarah Beaudette, and their 3y/o son, Spencer, with a baby on the way
- Hold passports from: USA
- Type of travel: slow travel, digital nomad family travel
- A few places they've been: Thailand, Croatia, Japan, Hungary, and elsewhere. Now living in Guanajuato, Mexico.
IN THEIR BAGS
- DJi Osmo
- Trendwoo Bluetooth Speaker
- eBags Motherlode Weekender
- eBags TLS Professional Weekender
- 32 Degrees Cool T-Shirts
- Ex-Officio Travel Underwear
- iPhone Battery Case
- Roost Laptop Stand
- Florious Packing Cubes
- Kids Camera
LINKS & RESOURCES
- Their interview from 2016
- Jus Soli
- Trail Wallet app
- Travel Resolutions and How to Keep Them
- US Tax
- Trading View
- Xero for accounting and expenses
- Scannable app
FIND THEM ON
Full-on family travel fundamentals. Epic Education Radio is interviews, stories and advice for people who decide to make travel a priority in their family's life...and for those who want to. Tune in each week to hear stories and advice from new traveling families, and hear how they've handled various family travel-related issues like education, socialization, working, budgeting, accommodation, road-parenting, safety, technology and more. We talk gear, websites, apps and other resources for traveling & nomadic families, and answer questions from those who would like to do something similar.
Disclosure: This post contains affiliate links. This means, at no extra cost to you, we might receive a small commission if you make a purchase or book using those links. My opinions are my own and I only recommend places/services that I believe will genuinely help your travel.