A man who was fed up with the cost of living has moved from Britain to Tenerife, and claims it has saved him 75 per cent on rent and bills.
Dubliner Josh Peacock has lived in Manchester since January 2022 after establishing his own business and locating a client base up north.
However, a mere nine months later, and in response to the horrendous state of the country's economy, the 23 year old plans to leave the UK altogether.
Speaking to Jam Press news agency, he 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.
"I've been following the ups and down 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% less than the UK!
"Come 22 October, I'm leaving."
Josh spends approximately £1,200 on bills each month and is due to save approximately £900 a month.
He has wasted no time in booking his flights and accommodation.
His family are even on board, with his sister considering a similar choice.
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.
"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."
Josh is obviously excited to save more of his salary, but the appeal of a sunnier climate is also undeniable.
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 money conversion now that the pound has dropped to record low levels.
He added: "It's [the pound dropping] 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 expects more young people to leave the UK in the following months as the cost of living crisis escalates.
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."
When asked what advice he would give to others, Josh advises that those who can should 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."
