22 Dec How to Make Money When You’re Traveling Around the World
Editor’s Note: I’d like to extend a thank you to James Burbank, editor in chief at the new Bizzmark blog, for writing this article. We know how exciting hot-off-the-press blogs are, so please take a moment to look at his cool site.
James explains why you can travel the world without running out of money. Your best bet is the proactive approach–make money! Read on to find out how to fund your dream trip.
Making Money when Traveling Around the World
A trip around the world is on many people’s bucket lists, and more and more people are actually going through with it. This is something that requires an adventurous spirit and quite a bit of courage. Unfortunately, it is also something that requires a lot of money. Even if you are traveling around the world on a budget, chances are that you will sooner or later run out of the money you thought would be enough to last you the entire journey.
When that time comes, you have three solutions to choose from. You can give up and just go back home, making your trip around the world incomplete and sort of pointless. You can call up your family and friends and ask them for money. You will still complete your trip, but it will feel a bit lame. The third option is to make money while traveling, and that is what we will be talking about today.
Pick up Some Seasonal Work
Perhaps the easiest way to make money while traveling around the world is to pick up an odd seasonal job or two. In some parts of the world, this might involve doing some farming and food-related work such as picking strawberries or working in a fish packing plant. If you happen to find yourself in a tourist-heavy area, you might pick up bartending or doing work in the service industry. Many hotels will know how to appreciate someone with the knowledge of the language and culture.
One of the best things about this is, besides making money, you will also be meeting the local people and living like a local.
Rent out Your Place
If you own your place or if you are allowed to sublet it, this is quite possibly the easiest way to make extra money that will come in handy sooner or later. This will be particularly lucrative if you live somewhere where rent prices are steep. For example, if you own a place in London or Hong Kong, it is more likely than not that the monthly rent will be more than sufficient to support your travels.
These days, a professional can work online quite efficiently and earn money on the go. A lot of jobs are done remotely, so many employers will care little where your workstation is. Online tutoring and classes are always a possibility. For instance, there are tons of agencies and companies where you can teach English online. Some of these jobs may require a stable and fast internet connection, which can be a problem in some parts of the world.
Besides working online, there is something else that you can do with nothing but a serviceable laptop and a half-decent internet connection – trade in the stock market. If you had already begun trading before your trip, you can continue to do so; if you have had no experience with trading, this might be the perfect time to start picking it up. Markets which operate with smaller investments are particularly convenient, such as penny stocks that you can learn about here.
Depending on where you find yourself, you might actually find teaching opportunities, even if you have nothing to do with the teaching profession. In some parts of the world, any advanced knowledge of a particular subject can land you a temporary job teaching it. This is usually the case in some less-developed parts of the world. This is also a great way to meet new people and learn about the place you are visiting.
Keep in mind that these are just a few things you can do to make money while traveling around the world. There are plenty more, and if you put your mind to it, we are sure you will come up with more ideas.
AUTHOR: James D. Burbank has worked in the trade show industry for years, traveling places and learning a lot about business. He is currently working on his business-oriented blog – BizzMarkBlog–and no, he hasn’t done the round-the-world trip.Saving=Earning