When wanderlust strikes, you sometimes have to just go with it, especially if those round-the-world flights are a great price!
However, you might be travelling for a while and you’ll almost certainly be giving up your job, so how will you fund yourself? You don’t want to burn through your savings and you don’t want to have to interrupt your travels to spend six months working in a restaurant.
So, the solution is to earn on the hoof. There’s lots of different ways, some more hands-on than others, but they mean that you’ll have the minimum of interruption and no need to ask Creditfix for debt advice when you return.
rent your home on airbnb
If you own your own home, then you could become an Airbnb host. If you’re headed somewhere quite cheap and your home is in a big European city, then you’ll possibly earn more than you need.
Renting on Airbnb is very flexible – you pick the times your place is available, as well as how much of it is open to guests. There are also companies that take care of the cleaning, changeovers and bookings for you (for a fee, of course). It’s pretty safe, with your guests being vetted and there being strong liability insurance in place.
You may need to do your home up a little before you go, but it’ll be worth the effort.
start a travel blog
Blogging is a bit more hands-on than being an Airbnb host, but once you’ve put all the time and effort in, if your blog gets a good audience, it becomes easy sailing.
You need to be consistent, know all about affiliate marketing, sponsored content and ad revenue. You could make several hundred pounds a month after a while. Even if you don’t reach these dizzying heights, maintaining a blog can be a great way to stay in touch with friends and family while bringing in some beer money each month.
take and sell photos of your travels
If you’re a decent photographer, then you can make a nice little passive income stream by putting your snapshots on stock photography portals. Ideally you should know about using tags, keywords and other SEO tricks to make them more visible, but once they’re up there, all you have to do is sit back and wait for people to download them!
teach english to locals
There’s always demand for English teachers, so wherever you are, you’ll be able to earn some money or a few free meals by offering people lessons. Some parts of the world, especially in Asia, English language lessons are in high demand, so it’s worthwhile becoming accredited as a TEFL teacher before you leave home.
This option is great if you’re planning to stay in the same area or city for a while, so you can see people through their courses from start to finish. You can also offer short-term or refresher courses for clients who want to improve their conversation skills or focus on a particular area of the English language, like business.