How to make money while travelling the world

Have you got your sights set on seeing the world? If you’re dreaming of travelling to far-flung shores but you need to factor in how you’ll fund your big adventure, it’s possible to make money while you’re overseas.

Embrace digital

Making a living while you travel isn’t a new concept. It’s almost a given that students pick fruit on their gap year.

But it’s possible to take the office on tour with you. In fact, there’s a term for this: digital nomad. This isn’t a new concept. However, with remote work gaining in popularity in the last few years and the day job being something you can do wherever there’s an excellent internet connection, more and more people are merging their travels with the 9 to 5.

If you’ve been bitten by the travelling bug and want to try being a digital nomad for a while, here are some ways you can make money while you’re on the move.

Blogging

Travel blogging is the ideal choice if you want to combine charting your adventures with making money. To generate revenue, you’ll need to attract traffic and from there you can boost your cashflow if you monetise it in the form of adverts and sponsored posts.

It’s worth starting this before you jet off so that you can lay the groundwork and build interest. Focusing on one niche to start with can also be helpful. Perhaps you want to write about travelling on a budget around Australia or take followers of your blog on a gastronomic tour of Europe.

Also, tie in your blog with social media where you can. TikTok videos and reels on Instagram can bring people to your site.

Trading

Trading is also a great option if you’re looking at ways to generate income quickly. One of the main benefits is that it can be done on the go. If you’re already familiar with forex trading, for example, you can keep up with how currencies are performing and dip into the markets when you need to. In fact, of all the markets, forex is one of the most accessible because, due to different time zones around he world, it’s open 24 hours a day except for weekends

However, if you’re new to trading and want to try it while you’re travelling, there are tools and educational sections offered by trading platforms where you can learn the ropes.

It’s important that you’re aware of the risks before you jump in. But if you’re alert to these, it’s possible to make some money wherever you are in the world.

Teaching

English as a Second Language teachers (ESL) are in high demand around the world. According to TEFL, this is largely down to how prevalent English is globally, with over 1 billion people speaking is as their primary language.

This can be a rewarding way to earn money while you’re abroad. You’ll be able to develop people’s skills and help them to understand your language while you get to experience all the country has to offer, from its history to its culture.

If you have an undergraduate degree and you’ve completed the training course, you’ll be able to teach English abroad.