UK man 'fed up' of the cost of living crisis moves to Tenerife

Manchester businessman, 23, fed up with the ‘rat race’ and cost-of-living crisis in the UK claims he will save £900 a month by moving to Tenerife

• Josh Peacock, 23, lives in Manchester has had enough of the cost of living crisis
• The business owner will pack his bags and move to Tenerife next month 
• He reveals his sister has done something similar by moving to Thailand 

A man ‘fed up’ of the cost of living crisis has decided to ditch the UK for sunny Tenerife – and claims it’ll save him a whopping 75 per cent on rent and bills.

Josh Peacock, 23, is originally from Dublin but has lived in Manchester since January 2022, after starting up his own business and finding most of his clients in the North of England.

Just nine months later, following the dire state of the country’s economy, he is planning to leave the UK altogether and claims others are starting to wake up and realise they don’t have to live in the ‘London rat race’.

Josh’s family are fully supportive of his choice to pack his bags in a bid to save money and ‘get out of the rat race’

The 23-year-old businessman hopes to start a new life in the sun and is set to move to Tenerife next month

Josh, originally from Dublin, moved to Manchester and was shelling out £1,200 a month just on bills 

Josh pictured above enjoying the sea and sunset in Portugal – says the cost of living crisis is a ‘ploy’ and no longer wants to be a part of it

He claims that the steep increase in bills and council tax is a ‘ploy from the government to get everyone in debt’. 

Josh’s sister recently moved abroad too, and now lives in Thailand ‘loving life’ after she too found that the cost of living proved too much.  

Josh said: ‘I’m not really up for winters in the UK but other than that things are just getting really expensive.

‘I’ve seen my bills, council tax, all of that go up by quite a bit since I moved in and I don’t want to carry on the way it is.

Josh,23, revealed his sister has also left the UK and has started living in Thailand and she is ‘loving life’

Josh said he’s more of a ‘shorts and flip flops’ kind of guy and he would prefer to live in sunny Tenerife

Josh recommends that those who can start their own business or go freelance, instead of running in the London and UK rat race

Josh pictured above in Aruba – says that ‘people are starting to wake up’ and that working online and moving away from the UK is the way to go

‘I’ve been following the ups and downs of the economy for years and the cost of living crisis is crazy, it just seems like a ploy from the government to try and get everybody in debt.

‘It’s really sad to see what’s happening.

‘I can get a place in the sun with a stunning location, hammocks and the lot, for literally 75 per cent less than the UK!’

Josh, who spends around £1,200 on bills every month, believes he will save £900 a month when he leaves the UK in October.

Josh’s new home in Tenerife, where he claims he will save £900 on bills each month and life a life of fun in the sun

The outside view of Josh’s home in Tenerife, where he will move to in October of this year from Manchester

Pictured above, views of the outside gym, the balcony and Josh’s garden in his new Tenerife apartment

He already has his flights and accommodation booked and ready to go.

The business owner’s family are thoroughly supportive of his choice, and his sister has even had a similar idea.

He said: ‘My sister is 22 and she’s just moved to Thailand.

‘It’s an extreme one as it’s not like she’s just moved to Barcelona, but she is loving life.

Josh believes that more young people are likely to leave the UK in the coming months due to the cost of living crisis and having more opportunities elsewhere.

The businessman has concerns about the UK pound dropping but feels secure in the fact he has business coming from the US and Australia

‘She’s currently living on an island, posting photos in the family group chat, and working remotely.

‘It was just the other day she sent a photo of a fry-up, coffee and smoothie for like three quid!

‘She’s running a global supplement company while keeping her living costs as low as possible.’

Not only is Josh looking forward to saving a chunk of his salary, but he’s also excited about spending more time in the sun.

Josh said: ‘I just want somewhere that’s hot in the winter, and with Tenerife the average is like 24 degrees in December.’

The only thing he’s worried about is the currency conversion now that the pound has dropped to record low levels.

He added: ‘The pound dropping has definitely been on my mind.

‘But luckily we have business coming in from the US and Australia so don’t have to fully depend on the pound.’

Josh believes that more young people are likely to leave the UK in the coming months due to the cost of living crisis and having more opportunities elsewhere.

He added: ‘When the people you didn’t think would ever mention the words inflation, CPI’s or recession do, then you know it’s time to run.

‘Everyone is starting to wake up.

‘The goal is simple, make money online, don’t get into debt and live wherever you want.’

Giving advice to anyone looking to do the same, Josh recommends that those who can start their own business or go freelance, instead of running in the London and UK rat race.

He added: ‘I know people that at the end of the month have got £100 to spare and have to be really careful with it.

‘If anything else goes up, what are they going to do?

‘It’s so important now to try and get your skills up, something that can get you a remote job or start something by yourself, you could even go freelance.

‘It gives you so much more opportunity.

‘I’m the kind of guy who walks by in shorts and sliders all the time, which I obviously don’t really wanna be doing here in the UK.’

Source: Read Full Article