How he Built 8.5 CRORE Net Worth while Travelling the World ✈️

Ever wondered what it takes to build a $1M net worth, i.e ₹8.5 crores while living as a digital nomad. For your reference a digital nomad is someone who works remotely while traveling the world, using technology to maintain financial independence and flexibility. And in this podcast 🎙 we have @simplewealthproject who shares his journey of running a remote business, and achieving financial freedom. He embraced this lifestyle years before it became mainstream, proving that financial success doesn’t require being tied to a single location! 📌 In this episode, Rishabh reveals: ✔️ How he transitioned from a traditional job to a remote business ✔️ The power of compounding and how his net worth grew 7.5X in just four years ✔️ His investment strategy for 2025 ✔️ The importance of earning more vs. saving more for financial independence ✔️ Mistakes he made in investing & what he learned from them ✔️ His experience traveling the world with his family while managing his finances Timestamps: 0:00 - Introduction 1:22 - How he became a digital nomad 3:45 - Moment when he hit 8.5cr net worth 6:11 - The power of compounding 7:56 - Earning in USD, spending in Vietnamese dong 8:39 - Managing inconsistent income & emergency fund 9:52 - How much he pays himself 10:40 - Financial mistakes he made 12:18 - Advice for young investors 14:22 - His investment strategy for 2025 & asset allocation 16:02 - His first SIP at 19 shaped his investment journey 17:55 - Passive income: What works & what doesn’t 20:16 - His relationship with money while growing up 22:27 - Book that influenced his mindset towards wealth 24:26 - Power of compounding in all areas of life 27:02 - Advice for people who struggle to invest 30:48 - Investments for his kids 32:45 - His plan to become a nomad family 34:20 - Advice for someone who just wants to starts 37:26 - Final words 📢 Follow Rishabh Dev: 🔹 YouTube: https://youtube.com/@simplewealthproject 🔹 LinkedIn: https://www.linkedin.com/in/rishabhdev/ #podcast #financialfreedom #digitalnomad #financialindependence #traveller #wealthbuilding Scrolling through our channel? Stock Market for Beginners: https://www.youtube.com/watch?v=gE-WmHG64AY&list=PLkrXev16srPDzk7wYdf6_HBT-Q35u-GEH&ab_channel=INDmoney What are Index Funds?: https://www.youtube.com/playlist?list=PLkrXev16srPDQKLJ3jdUasJiJJ_tw_-vg Know everything on Credit Score: https://www.youtube.com/playlist?list=PLkrXev16srPB22ESyIDxvYQWkgMQst44y ETFs vs Mutual Funds: https://youtu.be/fxxY0698eAQ All about ETFs: https://www.youtube.com/watch?v=fxxY0698eAQ&list=PLkrXev16srPBCCt8sYOdTMo-ZEDwDTxUh Are Mutual Funds good for you?: https://www.youtube.com/watch?v=-6xi9gJL3cY&list=PLkrXev16srPDYZ7onOdl99hGxfF8vK-al&ab_channel=INDmoney Taxation on Mutual Funds: https://www.youtube.com/watch?v=F8vhTNbtqsY&t=3s Plan your finances better: https://www.youtube.com/watch?v=M1NTCZO7Oe0&list=PLkrXev16srPBRSEAjqp-dG-FEf1eyzBTK What's your Net Worth?: https://www.youtube.com/watch?v=F8vhTNbtqsY&t=3s Power of Compounding: https://www.youtube.com/watch?v=zM20Hes9OO4&t=1s To learn more about the financial world, follow us: Instagram: https://www.instagram.com/indmoneyapp Twitter: https://www.twitter.com/indmoneyapp Facebook: https://www.facebook.com/indmoney Telegram: https://t.me/indmoneyofficial Website: https://www.indmoney.com/ #indmoney #indmoneyapp #sharemarket #stockmarket #investing #investment #personalfinance #financialeducation #investingforbeginners #nomination #mutualfunds #employee