Many people are drawn to the idea of a nomadic lifestyle for the adventure aspect of it and to explore the world. At the same time, traveling from one place to the next is obviously going to cost money, which may constrain a lot of people from making this dream a reality.
But in reality, there are many ways that you can fund a nomadic lifestyle. The key is to create as many income streams as you can from sources or jobs that are possible to do while traveling.
Here are the top ways to fund a nomadic lifestyle:
If writing is a talent or passion of yours, you’ll be glad to hear that there are many ways to earn money from writing while on the go. You can become a freelance writer and write blog articles and/or eBooks for other clients, you can begin writing your own blog (such as a travel blog) and make money from ad revenue and affiliate links. Alternatively, you can write your own eBooks and then publish them on Amazon Kindle, where you will earn royalty whenever a book is sold.
Trade Penny Stocks
Penny stocks are a low cost but high risk high reward type of stock that appeal to people who seek to invest a minimal amount of capital with a chance of making a big return on their investment. Penny stock trading isn’t for everyone and requires dedication, so be sure to read up carefully on penny stock guides to learn about how to find stocks from companies with high potential for reward.
If you have any high quality photos on your smart phone, you could make a couple of extra bucks by selling them online (such as through iStock Photo or Shutterstock) and earning a royalty each time you sell one. The photos don’t have to be entirely professional, but they do need to be clear with a good composition and subject matter.
Do you have any products that you an easily sell while on the road? If so you can easily sell those products through websites such as Amazon or eBay to bring in an additional income stream.
Build An App
Building an app and then selling it for a couple of dollars on the app store is easier than you may think. In fact, you don’t even have to be a professional programmer or developer yourself because you can simply outsource someone else to do the work for you. All that you will need is a great idea. Your app should either solve a problem the downloader would have, or it can be a fun game to help them pass the time. Each time your app is sold, you’ll earn a commission.
Funding Your Nomadic Lifestyle
As you can see, there are many different ways that you can fund a nomadic lifestyle. All you have to really do is be creative to come up with even more ideas beyond these ones.