If you’ve ever fantasized about traveling the world but wondered how–you are not alone. Oftentimes, yearly vacations just aren’t enough to visit all the places on your bucket list. What if you could work and travel? Here’s how.
If you’ve ever read anything on Timothy Sykes, you would see how he turned thousands of dollars into millions. One way you can quit your day job and start traveling full-time is through making smart investments.
Of course, you must do your research and buy the right stocks. Nonetheless, you can invest from anywhere. And, if you do well, you will always have enough money to fund your next adventure.
Work for Yourself
The easiest way to travel while working is to be self-employed. This way, you can travel when you are off and work after you arrive.
It’s not the easiest thing to do with flying, varying time zones and getting situated. Things can happen, flights can get delayed and you may lose your luggage.
So, you always need to have a backup plan just in case. It’s useful to travel with two laptops, to stay on the safe side.
If one breaks, gets lost or crashes, you have a backup. And, always make sure your residence has Wi-Fi.
Or, make sure you know where you can work with Wi-Fi such as coffee shops and libraries.
And, you’ll have to make sure you still meet your deadlines no matter where you are. This can mean working during layovers, on the plane or at night when in a different time zone.
You never have to overspend on accommodations when you house-sit your way around the world. All you have to do is keep an eye on someone’s house while they’re away.
They get peace of mind knowing their home and pets are okay. In return, you get to stay somewhere for free.
Not to mention, some of these opportunities can last from a few weeks to several months. All you have to do is browse house-sitting websites to find listings.
In addition, you must plan ahead because it can take a few weeks to finalize the contract. Moreover, you might need a Visa.
Then, there are stay requirements in certain countries. To illustrate, 28 countries in Europe only allow Americans to stay for 90 days at a time.
Rent Out Your Home
While you are away, you will have unexpected costs. To help give your finances a bit of a cushion, you might consider renting out your home or apartment for some extra travel money.
Just make sure to understand the regulations in your city. It can be difficult to pay a $1,200 mortgage while you’re away. If you list your home for $108 per night, you get an additional $3,200 per month.
So, minus your mortgage, you’ll have an extra $2,000 for travel expenses. That will take off a lot of financial pressure.
Learn to Balance Work with Vacation
Since you’re in a new area, you’ll naturally want to explore. But, you also have to work. Try to set up a schedule where you can spend evenings and weekends away from the computer.
Working too much will cause burnout anyway. Plus, you will feel refreshed and re-energized when you explore your new surroundings.
Trying new things and visiting new places will enhance your line of work because you will have gained life experience and more confidence through putting yourself in new situations.
You can travel the world while working. It just takes coordination, planning and balancing work with exploring.