Surviving on $52,000 in rural Alaska: The challenges of remote living
Originally Published 2 years ago — by CNBC
Trevor Barrett, a bladesmith living in rural Alaska, shares his experience of living on $52,000 a year in a town of 2,000 people. Despite the challenges of high living costs, limited access to supplies, and harsh winters, Trevor and his wife Larissa have found joy in the quiet life, privacy, and outdoor activities that Alaska offers. Trevor turned his hobby of bladesmithing into a successful business, Barrett Knives, which has allowed him to work from home and spend more time with his family. They prioritize living simply, managing debt, and saving for the future, with hopes of passing down the legacy of bladesmithing to their son.