Are you an avid traveler but you’re wandering on limited resources? Does the hideous 9-5 job extinguish your lust for life? Well, has it ever occurred to you that you can see the world and earn money at the same time? This way not only will you travel longer, but you’ll also get to polish your skills and enhance your earning ways.
The truth is, anyone can make money while on the move. Read our list of passive income ideas, and you’ll indeed find at least a few that will be the perfect match for your skills and abilities.
Ways To Make Money While Traveling The World
Traveling doesn’t always have to relate to spending money. It can also earn you a great deal if you’re prudent and practical in your choices. Diversifying your sources of income no matter your skills is a well-proven strategy. Take a peek at our 20 ideas to earn money while living your dream.
1. Stock Investment
If you know or are willing to explore trading patterns, you can make passive money very quickly. The golden rule is to stick to your trading plan and be patient. And don’t risk too much.
Robinhood is a commission-free way to trade in the stock market and can be used on smartphones. Just put a few bucks and start trading stocks, cryptocurrencies, or ETFs. Plus when you signup, there is a 100% chance of getting a free stock, even a popular stock like Apple, Ford, or Facebook.
2. Buy A Blog
Running an already established blog is among the best passive income ideas. Meaning, you buy a blog that is merely abandoned but still generates reasonable cash flow. What you need to do is give it some life and bring it to the light.
You can update the contents and boost the presence of Google AdSense at your blog. The monthly income will flow based on ads and purchases.
3. Crowdfunded Real Estate
Crowdfunded real estate platforms are changing the ways people invest in properties. If you want to do it passively, professional investment trusts are the right choice. Start by becoming a part of mutual funds that hold different real estate projects.
The interest you’ll have in REITs will pay off in decent dividends, and you can sell it at any time since the liquidity is higher.
4. CD Ladders
The answer to the question of how to create passive income is not always simple. But if you want something less risky with a long-term yield, maybe CD ladders can come in handy. There is plenty to choose from popular banks like Fidelity.
The idea behind this is to buy certificates of deposits from banks in increments to earn a higher return on your money. For instance, a 3-year CD will bring you 3.05% in earnings. With digital banking, investing in CDs, mutual funds, or saving accounts has never been more convenient or easier.
5. Stock Photography
The first step is to create a solid base of diverse photos, video clips, and graphics. To get paid, upload the images into portfolios on platforms that sell them such as Shutterstock and iStock.
A good hint is to avoid time-limited works and commit to creating evergreen photos. Illustrations for various businesses and websites will most likely convert your passion into a steady income source.
6. Teach A Language
If you’ve been wondering how to support yourself while traveling and you’re good at languages, worry no more! There are always people willing to learn a second language. And the coolest part is that you don’t need any formal diplomas to find language teaching jobs.
Teach English, Spanish, or French at any location you travel to. Plus, you can do it both online and in-person with bigger groups.
7. Do Video Tutorials
YouTube is a venture that offers a spot for anyone. You can do tutorials for virtually anything. Regardless of whether you’re good at makeup, jewelry, music, or reviews, you can always make amusing videos and post them online.
The catch is to attract as many viewers as possible and then earn from overlaying ads. A good hint is to promote your videos on social networks and use proper keywords when naming it.
8. Deliver Packages
Passive income strategies are not always straightforward, but if you have a particular itinerary, this idea is the right for you. Websites such as Roadie will pay you money to deliver items locally. Depending on size and destination, you might find the funds compelling.
A solid variant for international travelers is WorldCraze where you find the clients. This way, people get less expensive or non-existent products in their country from abroad.
9. Write eBooks
To be honest, there is nothing passive about writing a thorough and compelling eBook. Yet, once finished, you can have a regular passive monthly income for years. If you succeed in selling it to a publisher, royalties could be substantial.
To navigate through the process easily, write amusing things from real experiences or things you’re familiar with. If you’re imaginative, fiction passive income books can do wonders for your budget!
10. Become An Influencer
As of late, influencing is becoming a popular job option among young people. To begin with, you need to have a decent number of followers on social media. And you won’t become an influencer overnight. You’ll need tons of work to persuade even smaller brands to sign a deal with you.
Anyways, you can lead people’s opinions on different topics. The hottest themes right now are travel, health, makeup, and food.
11. Content Writing
It seems that passive income ideas online are an unfailing source. And if you’re keen on letters and writing, why don’t you write articles for blogs or websites?
Make sure you create a convincing portfolio at Upwork or Freelancer and start writing for money. Team up with travel blogs. Depending on your background, you can also write plausible content on various topics such as finance, law, gaming, etc.
12. Organize Walking Tours
If you have stayed at a travel destination for a long time and know it well, why not put your knowledge into use? One way to start is to affiliate with a local tourist office.
Another way is to hunt down for tour guides on your own. Once you gather a group, take them to some hidden gems and give helpful tips to avoid typical, ordinary touring.
13. Take Surveys
Online surveys are an easy and straightforward way to earn extra money while on the move. Many sites will pay you to fill their surveys out on particular products. It can include giving your opinion, testing a product, or reviewing it.
First, you need to set up an account on survey platforms of your choice. Then, apply and make sure you’re honest with the details you share with the survey company.
14. Manage Social Media
The development of social media has created many ways to generate passive income for keen managers. Businesses are struggling hard to reach target audiences, and that’s where you come into play.
You will become their eyes and ears on social media and promote the content to increase sales. Helping companies stand out from the crowd, and pampering readers can turn into a lucrative business on the road.
15. Look For Seasonal Jobs
If you’re not afraid of getting your hands dirty, seasonal gigs will do the trick. Gathering fruit and vegetables on lovely farms can be resourceful for your pocket. Plus, you might be offered a temporal place to stay.
Another suggestion is to get hired by a bar or restaurant in the high season. It’s is a fantastic way to savor the local spirit of the places you tour.
16. Affiliate Marketing
The potential for passive income ideas will grow if you decide to partner up with renowned companies that sell various products and services. But, first, you need an audience. Build it through a personal blog or social media profile.
The next step is to promote and implement the affiliated companies in your work. When readers follow the link and purchase something from the affiliate site, you earn a commission.
17. Sell Your Products
Selling your crafts or handmade goods online while traveling is both fun and profitable. Just open an online store or rely on well-established websites to give your products an audience. These include Etsy, Craigslist, and eBay.
Whether you start your own business or sell second-hand goods is irrelevant. As long as you’re persistent and honest with clients, the income will soon begin to multiply.
18. Build An App
Choosing to work online while traveling is savvy and less time-consuming. And if you’re fond of computers and phones, you can create apps for almost anything valuable for app users.
If you’re full of ideas, but not a developer, hire a programmer to build your app. Or learn how to code. App testing is another fabulous idea if your fingers are always glued to the screen.
19. Street Performances
Earning money in the street is both entertaining and adventurous. If you have an artistic soul, baskering can prove to be lucrative. Singling, playing a musical instrument, or dancing may even distinguish you as a great street performer.
Comedy and telling jokes can be of value as well. Further on, you can sign up to be a movie extra with a casting agency and earn some extra cash while enjoying yourself.
20. Use Your Skills
Stop wondering how to make money while traveling if you’re a jack of all trades. Are you a music addict? Then light up your nights as a DJ. Earn money, get free entries, and drinks.
If you like kids and have some experience in caretaking, try yourself as an au pair. Are you fond of yoga or surfing? Then, become an instructor and turn your hobby into a gold mine. Your possibilities are practically endless!
Before you hit the road make sure you have travel insurance to protect yourself.
How Can I Make Passive Income With My Photos?
If you travel to exotic places, why don’t you turn your photos and videos into a steady income? Make sure the quality of the pictures is high and learn the basics of making impressive photos. This requires persistence and commitment. Plus, you can always take part in contests and win great awards.
Decide what stock photo sites you’re going to use. Once your portfolio of uploaded works gets richer, websites, blogs, and magazines will start buying your photos. The good thing is that one image can be purchased several times, and each time you make extra profit.
How to make money while traveling the world is a question that has aroused the interest of many. Our comprehensive passive income guide will support your nomadic lifestyle for sure.
What we suggest is pick one idea that suits you best and start developing it. Once you master it and earn decent passive income, move to the next. If you have several ways to generate money, you’ll never run the risk of becoming broke while on the road.
One thing is for sure, passive income doesn’t mean ‘no work.’ You need to invest a lot of time and energy so that an income becomes passive after a certain period.
Frequently Asked Questions (FAQ)
How can I make passive income while traveling?
Your options here are limitless. Any of the suggestions above will cover you up if you need some cash while traveling. Just choose the ones that match your skills and abilities to add a touch of personality to what you do. Apart from profiting, you get mental satisfaction, too.
How can I make passive income with no money?
Most passive income ideas above don’t require you to have any cash upfront. Any type of writing can earn you money without investing a cent. Selling your skills and products online or in-person is another idea that doesn’t urge you to have money at hand.
How do I support myself when traveling?
All the ideas we’ve shared will ensure you have a steady income while traveling. On top of that, you can earn and save apart from just supporting yourself and providing food and accommodation. Ship cruise companies and airlines are a good option if you want to travel the world and set aside.
How can I make $400 in one day?
There aren’t plenty of side jobs that’ll make you that much money in a day, but you’re not hopeless. Working as a waiter at larger events or famous bars and restaurants can do the trick. Meaning, tips can be excessive. Bigger walking tours can be profitable, too.