Making money while you travel is part and parcel of the good life and something that people have been trying to do for a long time. However, it’s easier said than done. Yes, it’s possible to travel around and make money, but doing both at the same time isn’t something that comes easily to a lot of people.
Fortunately, this post has some advice. It runs through some of the general principles you should follow if you want to make money while you travel and get a taste of the good life.
Here’s what to consider:
Choose Work That’s Truly Remote
First, you should choose work that’s truly remote. Yes, bosses will sometimes dangle “remote work” in front of you when trying to get you to take a job. But you want work where you never have to go into the office, especially at short notice.
These jobs are quite rare, but they do exist. And once you have one, you’ll want to hang onto it for dear life.
Flexible jobs that don’t rely on specific locations, like writing or virtual assistants, fall into this category. The same is true for digital marketing.
However, don’t pick any jobs that require a physical presence. These won’t serve your wanderlust.
Establish Payment Systems
Next, you’ll want to establish payment systems that allow you to take your money and business with you anywhere in the world. These are essential for traveling freely and paying for things like hotel bookings and restaurant food.
If you are traveling solo as a tourist, get an account that lets you exchange money between currencies. For example, Wise is good for this.
If you are going to North America and want people to be able to pay you from anywhere, use an American payment gateway. These are ideal for online businesses that accept card payments, allowing you to keep your cash flow strong.
Finally, look for ways to manage your invoices. Ensure you keep records for tax purposes.
Focus On Time Zone Flexibility
If you can, focus on time-zone flexibility. Make sure you’re available for your clients wherever you go.
If you can take advantage of this, you are more likely to win their business. Companies are often willing to work with individuals who have the same time zone as them, or who can operate across time zones and multiple offices around the globe.
Manage Your Finances Efficiently
Of course, when traveling, you also need to manage your finances efficiently. You still need to be frugal, unless your online business is doing exceptionally well.
For example, use services that minimize the cost of currency exchange. Digital options are almost always cheaper than in-person ones.
Also, use apps to track your expenses. This approach allows you to see where your money is going and how you are making use of your funds. Spending too much is a common problem when overseas and something that can lead you into trouble if you don’t have a reliable income that can support you.
A New Life Wandering 