f you’re a keen traveller, and have no commitments except turning up to your job to fund your next adventure, then you might have taken some time to look into ways that you can change your job, so you can do it on the road, or considered changing roles or finding other sources of income to fund your travels. For some it comes easy, especially if your travels have attracted a large social media following, however for most of us, there needs to be a little more thought go into it, to find how to self-fund your non-stop journey.
"If you can make money while you travel, you can travel forever"
What’s the difference? Making an income while you travel is the best way to ensure you don’t have to live on a tiny budget, and if you’ve travelled before, you will understand how hard it can be on a restricted budget in a foreign country. Making money while you travel allows you to be freer to engage in activities you normally wouldn’t be able to with just your basic savings. It also allows you to choose where you live, and not be tied down in one place.
How to do it:
There are many ways to become self-sustaining while you travel, and below is five of the best ways to do this.
Become a digital nomad.
With a quality laptop and some basic skills, you can make money on a daily basis, sometimes with very little work involved. There are many websites you can make money as a freelance copywriter, designer or marketing specialist - with jobs ranging from writing, web design and tutoring, to graphic design and professional consultancy. So depending on what type of experience you already have from previous employment, you could be doing what you are good at, all while travelling the world.
A website called Fiverr.com is great for doing simple jobs in a field you are comfortable with, however there are many websites you can work as a freelancer from. Do some research to see what suits your skillset. Check out who makes the big dollars on the sites, and see what it is they get paid for, and maybe work towards being able to gain new skills in that area.
Work out a way that you can incorporate your travels into the digital nomad jobs, and you’ll be onto a winner.
One solid thing to remember is that $10 in a lot of other countries goes a whole lot further than in Australia, so even small amounts of income compared to your normal job can stretch a long way.
Be a Tutor.
TakeLessons is a site where you can teach skills to anyone who wants to learn them. You can use Skype, Google Hangouts or teach in person anywhere in the world where you are, however online is probably the best option as a traveller. You can teach anything from singing and languages to web design or video games, so check it out and register your skills.
Skype is another great way to allow you to work remotely in any field you are a pro at. You can be a consultant in virtually any industry with Skype, so the world really is your oyster.
One of the best ways to make income from your existing savings while you travel is through trading foreign exchange currencies. Trading Forex has some very good advantages, and no matter where you are travelling, if you are in a country with a different currency, you are already trading. The key to Forex trading is knowing when and how to trade the right currencies at the right time, and with a basic course, you will have a better idea how to get started before you set off on your adventure.
Many people these days are opting for stock market investments, others are dabbling in cryptocurrencies (and getting huge returns – however the market is so volatile you can end up losing all your money as quickly as you can make it), but truly the simplest and one of the safest ways to invest in is Trading Forex. It’s safe, it’s fun and it will make you money from your existing money. With a little help via some workshops or courses, you could be on a plane with a full bank account before you know it.