Many people, if given the chance, would jump at the first opportunity they get to quit their jobs and travel the world. Yet, very few end up doing it, because it requires a decent-sized savings account or changing their lifestyles altogether.
If you are keen on pursuing a nomadic lifestyle, here are some ways on how you can fund it:
Think about how much you can save if you make coffee at home instead of buying Starbucks coffee every single morning. A few dollars of savings may not seem like much, but they do add up over a period of time. Skimping on branded coffee is just one example of an expense that you can avoid, but there are practically a handful of ways you can significantly reduce your everyday spending by making more mindful lifestyle choices. Below are some ideas for your consideration:
You’d be surprised at how much you’d get to save by doing one or all of these. A $10 savings a day may not be worth much, but that’s enough to pay the cost for an entire night’s worth of rent in India or Thailand.
Unless you’re a luxury traveler, traveling doesn’t have to cost you your life’s worth of savings. There are a few ways you can go about traveling for less. Just make sure you’re flexible and not picky about the airline you’re flying with and the free accommodations you’re going to get. That’s not to say that you should be sleeping in airport floors or doing three connecting flights to get to your destination of choice. It only means foregoing obvious luxuries such as extra legroom and your own private bathroom.
Here are some tips on how you can save on major travel expenses such as flights and accommodations:
However, as with everything you get yourself into, it is important that you do your research and trust your instincts. If something doesn’t feel right, it is best to dodge the situation and leave as soon as you can.
With the Internet and social media growing in popularity, many people can now make a decent living without having to leave the comfort of their homes. The reality is that the future of many jobs is online. This means that you can work practically in your PJ’s at an AirBnb in Paris or while sipping a fresh mango shake in the islands of Indonesia.
If you’re looking for profitable jobs online, here are a few ideas that are worth considering:
Working holiday visas allow foreign nationals of certain countries who are below the age of 30 to live and work legally in another country for a year. Countries that participate in this youth initiative include the States, Canada, New Zealand, Singapore and some parts of Europe. It is best to check if your country offers it, as it provides a promising option for you to relocate temporarily for a while.
Otherwise, you can always apply for a job in another country before you start your travels. If you pursue this route, the company will be arranging the working visa and will most likely pay you expatriation fees. Make sure to choose a company that is multinational and has experience in hiring foreigners. Regardless of your option, it is always best to check with the country’s embassy website and see what they recommend for working visas.
In the end, there are different ways for ordinary people like you and me to travel the world without blowing off all your savings. All it takes is a little bit of creativity and connections. Just make sure to do it legally, so you don’t run into problems with immigration and be refused entry to your destination of choice!