Life as a digital nomad can be extremely exciting; you never know where you’re going to travel next and you have complete freedom over your schedule. Although this may seem like a dream to some people, it doesn’t mean that this lifestyle doesn’t come without its stressful situations – one of the most common stressors is figuring out how on earth you’re going to make money.
Unless you have an understanding boss that allows you to work from anywhere you want in the world and is willing to pay you a good salary while you travel, you’ll probably be picking up odd jobs in each country you travel to. Whether that’s working in a bar or cleaning hotel rooms, having some extra money to fund your travels can make the life of a digital nomad much easier. If you’re struggling to find new and exciting ways to fill your pockets with some extra cash, here are 5 easy ways you can start making more money today.
1. Enter Online Gaming Tournaments
When you’re not out exploring a new city, it’s good to have some hobbies to help you relax – even better if these hobbies can help you earn some extra money. Online gaming tournaments, including the online casino world, can be one of the ways to make money if you’re skilled enough in games like poker, blackjack, or even exciting slot games online. When you apply to these types of competitions, you’ll be playing against other passionate gamers to get to the top spot on the leaderboard.
Luckily, there are lots of gaming competitions on different platforms. Don’t forget that once just a hobby considered gaming is now a profession for many players.
2. Work As a Receptionist in a Hostel
There are many reasons why you should take a gap year and live abroad, but becoming rich and successful isn’t one of those reasons. Normally when you’re traveling around the world you’re doing so on a budget, which leads many travelers to stay in hostels – a much cheaper alternative to things like hotels or Airbnb.
Although hostels are a great place to find a comfy bed for the night and meet other people who are also digital nomads, it could also be a great chance to indirectly make some money. Hostels usually rely on travelers to work as receptionists and cleaners in the hostel, usually over a few weeks.
Now, here’s the catch, the hostels will normally not pay you for this work. But, they will provide you with accommodation and meals for free in exchange for your work, which can save you a lot of money while you’re traveling – money that you can save for funding the next leg of your trip, or other daily expenses.
3. Take on Freelance Clients
If you want to become a digital nomad permanently, you’re going to need some form of consistent money coming in every month. Otherwise, you’ll end up having to move back home after a few months of living abroad.
One popular career choice for nomads is to start their own freelancing business. You can easily create a profile on the most popular freelancing websites and start accepting clients as soon as you like. You set your rates, choose when you want to work and can choose the people you want to work with.
This is a good setup for people who live abroad as they can be completely flexible, choose their hours, and not have the pressure of a manager breathing down their necks at all times. It does require a lot of work as you’ll have to do lots of sales calls and attract new clients to your business, but it could have the potential of becoming a profitable income stream.
4. Become a Remote Private Tutor
It’s never been easier to find work abroad than it is now, mainly thanks to the creation of things like Skype and Zoom which allows people from all over the world to connect instantly. This new technology has also opened up a lot of alternative money-making opportunities for people who aren’t tied down to one location.
If you are good at the guitar or love maths, there are lots of people out there that want to learn these skills and would pay you for your time as a private tutor.
To get your tutoring business started, you’ll need to start attracting new clients – which is easy to do through social media and word of mouth. Once you’ve got some people interested, you just need to set up some time to meet with them and prepare to start sharing your knowledge.
Depending on the subject you’re tutoring, you may meet up with your customers for a couple of hours each week and will charge an hourly fee. The best thing is that you can log on to a Zoom meeting from wherever you are, just make sure you double-check the time zones!