Have you caught the travel bug? With a different kind of disease ending most travel plans over the last couple of years, you’re not alone in wanting to get out there. The UK travel association ABTA predicted 2022 to be the year of travel’s ‘catch-up consumer’, with many people planning breaks to make up for missed opportunities.
If you’re looking for something more long term than a week in the sun, however, you’ll be met with the dilemma of funding your adventures. Unless you’ve built up some serious savings, you’re unlikely to be able to travel indefinitely without generating some income on the way.
Luckily, making money on the move is much easier than it used to be. Below, read tips on five ways to earn money while travelling the world.
Work Remotely
The first option is to look for an employer that allows remote working. The number of remote roles advertised on LinkedIn increased in all sectors in 2021 – with some companies now allowing you to work from anywhere in the world, not just from home.
You’ll be trusted to deliver the work your chosen company needs within hours that suit you, though you may still need to attend meetings.
Trade Online
If you’re financially savvy, another option is to take up trading. Almost 1.8 million UK adults dabbled in day trading for the first time during the pandemic, with online platforms making it easier than ever before to sign up.
You could specialise and become a forex trader with the new currencies you’ll experience while travelling, for example, or focus on stocks or commodities. Whatever your preference, you can execute trades on the go from anywhere.
Freelance
Alternatively, you could go solo and pursue similar roles without the safety net of a guaranteed wage. Popular freelance gigs include writing, graphic design, web development and even accounting.
You’ll need to get to grips with other elements of freelance life like attracting your own clients and organising your workload and finances. The pay-off, however, could be larger than if you worked the same role in-house somewhere.
Create Travel Content
One route some full-time travellers go down is to document everything they do and monetise it as travel content. You might do this by attracting ad partnerships for your online blog, for example, or by striking brand deals to promote relevant products on your social media profiles.
It can take time to build an audience and attract advertisers. But if you truly love travelling and don’t mind making it the focus of your job, things could work out.
Teach English
Finally, you could fund your travels by getting a job teaching English. There’s high demand for such roles in Asia, the Middle East and Latin America, and most employers don’t require you to learn their native languages.
A certification for Teaching English as a Foreign Language (TEFL) is nice-to-have, but it’s not a necessity.
Could any of these options suit your skills and travel plans?