In this episode, host of Nomadic Diaries, Doreen Cumberford shares a few insights and reflections on some of the extra considerations that come with the expat or nomadic experience.
Emphasizing the importance of habits and year-end reviews, Doreen discusses how expatriates can create meaningful and fulfilling lives away from their home countries.
Drawing inspiration from the book Atomic Habits by James Clear, she highlights strategies for navigating the expatriation process, including personal audits, professional assessments, family considerations, and financial preparations.
Key Topics Discussed:
- Gifts of the Season and the Expat Experience:
- Reflection on the unique challenges and opportunities that come with living abroad.
- Importance of integrating old and new lives.
- Transition Tactics for 2025:
- Corporate indicators and restructuring.
- Impact of economic and regulatory changes in host countries.
- Importance of employer communication and cultural nuances.
- Personal Audit:
- Professional assessment and job security.
- Networking and skill acquisition.
- Evaluating personal priorities and setting goals for the coming year.
- Family Considerations:
- Practical Planning:
- Scenario mapping and travel commitments.
- Establishing systems and routines for the new year.
- Financial Preparation:
- Building an emergency fund and understanding tax implications.
- International banking considerations and health insurance transitions.
- Emotional and Psychological Preparations:
- Communication strategies with partners, family, and community.
- Managing uncertainty and building psychological resilience.
- Transition Toolkit:
- Documentation, shipping, and relocation considerations.
- Housing and educational transitions for children.
- Final Advice:
- Importance of checklists and action-oriented planning.
- Revisiting goals and maintaining an upward trajectory.
- Embracing the expat lifestyle for new perceptions and growth.
Quotes Highlighted:
- "The most effective way to change our habits is to focus on not on what we want to achieve, but on who we wish to become." – James Clear
- "Habits of the compound interest of self improvement." – James Clear
Action Items:
- Conduct a personal and professional audit - informal or formal;
- Engage in networking and skill development - ask questions and learn;
- Review family health and educational needs - are check-ups needed?
- Plan for financial and emotional contingencies - review, review, review!
- Set goals and establish routines for the coming year - what would you love?
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