In this episode, I’m joined by Jake Wallis, the co-founder and CEO of For Nomads Group, a financial services company catering to digital nomads and expats.

Jake shares his journey from working with multinational companies as an expert to becoming a digital nomad. He discusses the joys of experiencing different cultures and places while highlighting the challenges of carrying possessions and starting a new life in each location.

Jake also highlights the importance of comprehensive medical insurance for digital nomads and expats, emphasizing the difference between travel insurance and long-term medical coverage.

The conversation also touches on financial planning for digital nomads, including the need for life insurance and retirement planning tailored to an international lifestyle. They stress the importance of a long-term financial plan regardless of location or travel intentions.

Join the conversation now!

Key Highlights:

[02:09] Jake’s background

[03:16] The most exciting thing about a digital nomad lifestyle

[04:24] Why Jake transitioned to a full-time digital nomad

[05:57] The dynamics of Jake's relationship as a digital nomad 

[07:58] The biggest challenges faced as a digital nomad

[10:50] The preparation and paperwork involved in traveling as a digital nomad

[12:55] Why Jake created the Pomas Group

[14:45] Importance of medical for nomads for expats and individuals living abroad

[16:59] The difference between medical insurance and travel insurance

[22:08] Benefits of having social security and additional private insurance coverage

[25:35] Financial considerations and challenges that aspiring digital nomads may face

[32:10] The importance of having a retirement plan for digital nomads and expats

[35:48] Jake's words of wisdom for digital nomads and expats on financial planning

Notable Quotes:

• Once you know what you need to do, get it done in the first instance and keep it active.
• Generally speaking, travel insurance will fix anything minor, anything that's preventing you from continuing your travels, whereas medical insurance covers any treatment that you need, including the non-emergency stuff, which in medical terms is anything that's scheduled.
• If you're living internationally, make sure you have international healthcare. Don't rely on needing to fly across the world for medical treatment because you can't afford it in the place where you're living. It's not smart.
• If you're living in one place as a permanent expat there or even a local, you can plan things for your precise needs, and you can make sure that you get, uh, get the treatment in your local area. If you are moving around the world, you need to make sure you can access this stuff everywhere you're going to go. Because it's not just about being out of pocket. It's about being able to get that treatment.
• It doesn't matter what amount you choose, but having those services to help your family deal with all parts of the process that's the real value there.
• Whether you are considering becoming a nomad, or if you are already a nomad, or even if you have no intention of doing that, still think about your financial plans. But, you know, because even if your plans change, and even if the plan ends up being not fit for the purpose that you want later on, the process that you go through of formulating that plan is extremely important.
• Money is not the biggest thing in life. It doesn't buy happiness but can substantially pay off being miserable. It's, it's the most, uh, effective tool, uh, in your toolbox because you can switch it for other tools, pretty much, uh, whenever.

Connect with Jake on:

Website: https://fornomadsgroup.com/

Email: Jake@fornomadsgroup.com To protect yourself with comprehensive medical insurance, visit Medical For Nomads and take advantage of a 10% exclusive offer on your next medical insurance policy.

In this captivating episode, we're joined by seasoned digital nomad Noemi Poget from Switzerland, now based in Estonia. Noemi is a life coach with a unique nomadic journey, and she delves into the transformative nature of this lifestyle.

She uncovers hidden biases through travel's reflective lens and explores personal growth from shattering preconceptions. Noemi's "slow nomad" approach challenges conventional wisdom, emphasizing immersive cultural experiences.

From work-life balance to self-care, she imparts wisdom and discusses comprehensive medical insurance for nomads.

Join us to unveil biases, embrace nomadic freedom, and discover self-awareness's power through Noemi's insights, guiding aspiring and experienced digital nomads on their journeys of self-discovery and empowerment.

Key Highlights:

[02:09] Noemi’s background and how she became a digital nomad

[06:10] Distinguishing between the "real why" and "fancy why" for digital nomads

[08:46] Choosing a slower nomad lifestyle for deeper experiences

[13:29] Navigating the challenges of being a digital nomad

[17:32] Gaining cultural awareness and overcoming biases through nomadic living

[21:29] Noemi’s plans

[24:47] Maintaining a balanced work-life integration for remote workers

[28:05] Why Noemi chose medical for nomads

[29:56] Naomie’s advice to aspiring digital nomads

[31:16] How to connect with Noemie

Notable Quotes:

• Making friends is not difficult for me, but accepting that people come and go is sometimes difficult. That I come and go, I've made this decision, I've chosen this life. No one forced me.
• You need to be able to connect with people. For someone who feels, uh, maybe a little bit uncomfortable or awkward talking to people you don't know, that's probably the most important thing to practice and become comfortable with. And all the rest will just, like, naturally follow from that.
• Traveling is the best teacher in life because you don't see your bias until you go to a different environment.
• Do it. It's the best experience you can have. Sometimes, it's hard, but it's the greatest way to learn about yourself, others, life, love, business, and what you want. So if you have a doubt and are considering, ah, yeah, I would like to do that, but I'm not sure, permit yourself to do it like it's now. Life is now; it's happening now. So if you think about this, try it. If you don't like it, you can always return home, but at least try it.
• If you are already a digital nomad, don't work too much. Enjoy the experience. Find a way to trust that it works, that the business works, and that things are always in your favor. And enjoy where you are and the people you meet, and just be absorbed in that.

Connect with Noemi on:

Website: https://noemipoget.pro/

LinkedIn: https://www.linkedin.com/in/noemipoget/

Instagram: https://www.instagram.com/noemipoget/

To protect yourself with comprehensive medical insurance, visit Medical For Nomads and take advantage of a 10% exclusive offer off your next medical insurance policy!

In this episode, I had the incredible opportunity to sit down with Anne Claessen, a seasoned digital nomad, as we talked about her remarkable journey in remote work and travel.

Anne's evolution from a carefree backpacker to a successful digital nomad is a tale of following one's heart. Her story turned pivotal when she recognized that her aspiration to become a lawyer didn't align with her true passions.

Anne generously shares her experiences, offering invaluable advice for those aspiring to join the ranks of digital nomads. From crafting a practical yearly budget and embracing unforeseen prospects to curating a lifestyle uniquely fitting personal preferences, Anne emphasizes avoiding the comparison trap and charting a course tailored to individual ambitions.

She also shares a crucial lesson she learned about health insurance, an insight drawn from her battle with dengue fever during her early travels. Her firsthand experience underscored the significance of comprehensive medical coverage for fellow nomads navigating unpredictable health challenges.

Are you seeking inspiration to enhance your remote work undertakings? Join the conversation as this episode offers practical wisdom and encouragement.

Key Highlights:

[02:09] Why Anne decided to become a digital nomad

[06:41] Transitioning from backpacking to digital nomad lifestyle

[10:19] Creating opportunities and crafting a career as a digital nomad

[14:01] Balancing work and travel

[16:59] Strategies for effective budgeting and financial management as a digital nomad

[18:39] Balancing flexibility and work commitment as a digital nomad 

[20:21] Financial planning and budgeting for a balanced digital nomad lifestyle

[23:59] Avoiding comparison and embracing individuality in the digital nomad lifestyle

[26:23] Exploring the digital nomad lifestyle by starting with domestic travel

[28:43] Anne’s worst experience while traveling

[31:28] Anne’s best experience

Notable Quotes:

• I had to push myself a little bit, um, and say, okay, like, what are you waiting for? If you want to do this digital nomad thing, now is the time. And I didn't want to go home. I didn't want to find a job in an office in the Netherlands and just, you know, go to work every day. So I was like, this is it. It needs to happen.

• The tasks that are easy for me are not easy for other people, you know? So that's where I'm naturally good at, and, you know, lean into what's easy.
• When you budget as a digital nomad, it needs to make sense to look at it month to month. You have to look at the entire year. So look at what income you need for the entire year and where you will spend it.
• The most important thing I've learned is to keep my eyes and ears open to get tips and tricks from other nomads. That is awesome advice from someone else, but also, see what works for me.
• It's really good to know that there are many options. You can make this lifestyle your own, and you can make your online career your own. And that can be scary because there are a lot of decisions to make. But it's really good to start, see what works, and just go from there, knowing there's always a way to change things.
• We're all different; you just have to see what works for you and not everyone else.

Connect with Anne on:

Website: www.digitalnomadstories.co

Podcast: thepodcastbabes.com

To protect yourself with comprehensive medical insurance, visit Medical For Nomads and take advantage of a 10% exclusive offer on your next medical insurance policy!