Photo credit: Sarah-Rose
For many people, travel is a luxury that can sometimes stretch the wallet a little thin in order to afford fabulous memories. But travel doesn’t have to be a money-drainer. In fact, there are some great ways to make money while you are on the road. Here are some suggestions on how to boost your bank account while you see the world.
1. Find Work While Traveling
The easiest answer to covering travel expenses is to find a job in another country. This can be a great opportunity to experience everyday life in another culture, meet local friends, and pick up a motley collection of skills (like the time I learned Spanish while working in a restaurant in Argentina). Whether you are a banker, a musician, or a barista, there are plenty of opportunities to bring in some cash while traveling. If you need some advice on working while traveling in the Land Down Under, for example, you can turn to the advice of a company like Careers Australia to find out what internationally recognized courses are available, so you can also study vocational skills. Australia is an awesome place to work abroad because you can easily, and affordably, get a one year work visa if you are under 30 years old.
2. Find Investments That Will Work For You
In your absence, you can always make your investments work to support you. Whether it is an investment property, the stock market, or even a online side hustle that doesn’t need too much maintenance, if you have something working for you then that means fewer hours behind the desk. Using investments to travel can help you save money in the short-term, as you won’t need to dip too much into your savings account. Just make sure you don’t overspend or you might come home to a lot of debt.
3. Find A Barter System
Not everywhere in the world relies on cash for survival. Sometimes knowing what you can barter, such as items you no longer need or skills you have, can be as valuable as the Benjamins in your wallet. Find a way to understand values and local currencies, and then you can barter your way through some of your travel. I’ve exchanged things like translation skills, clerical work, and education materials for a place to stay before. If you can make an exchange then you won’t touch your savings, and you won’t end up with suitcases full of old and unnecessary belongings by the end of the trip. You might even be able to exchange your time for something – perhaps an hour of washing dishes will get you three meals that day! While this won’t strictly make money, it is certainly stopping you from spending money, which is pretty much the same thing.
4. Find Opportunities For Quick Cash
If working while traveling isn’t the right option for you, you might still want the chance to get a handful of cash while out and about without the obligations of long-term employment. In these cases, it’s all about finding the short-term opportunities that invariably exist around the world. I once handed out flyers for a new bar in town and took a few one-off promotional gigs for a marketing company. Whether it’s a tip for assisting someone with travel information, or busking for an afternoon, or ushering people to their seats for a sports event, there are many ways to make quick money that won’t tie you down.
These are just a few simple suggestions for making money while you travel. Have you found ways of sourcing an income while out exploring the world? Share your tips in the comments and help out your fellow travelers!
Photo credit: Cali4beach