How To Make Money Whilst Travelling the World? – With summer just around the corner and most restrictions lifted, travelling around the world is back on the agenda. But with the cost of living hitting virtually every country, you may find that holiday hotspots that were once cheap to get to and even cheaper to live in, are slightly more expensive.
Whether you’re planning on taking advantage of the Interrail discounts this summer or you’re looking to go further afield, here are some simple ways you can make money whilst travelling the world.
Hospitality work
Hospitality is the pillar of the tourism industry and it’s often the easiest way to earn a bit of money when travelling. If you’re staying in one place for a few weeks, then why not find your local bar and offer to serve, wash pots, or collect glasses.
If you’re staying in a privately owned BnB or hostel, you could always speak to the owner and do work in exchange for free accommodation or maybe food. Whilst you might not be earning any money, you won’t be spending it either.
Nannying
If you have experience of looking after children, you can see if there are any local families who are looking for a nanny. Foreign nannies are often highly sought after as they can teach children about other cultures. This is especially great if you’re in a country where English isn’t widely spoken and you can help the children learn some basic words too, and you’ll be able to learn a bit more of the native language.
Online investing
If you prefer to make money online, then spread betting is a great way to earn an income on the move. Because forex markets are open 24 hours a day, it doesn’t matter where in the world you are.
Most trading can be done via an app, all you need to do is create an account, attach a bank account, and have a secure internet connection. Of course, you should always speak with an expert if you’ve never traded before.
Digital freelance work
If you work for a company that’s embraced remote work, or you’re a freelancer who can make their office anywhere in the world, then becoming a digital nomad and earning on the go is a great way to bolster the bank account.
There are a number of countries that now offer digital nomad visas for those who have an income but want to live in another country.
Tutoring
It’s estimated that there are 1.5 billion people who are currently learning English. As one of the hardest languages for non-natives to learn, tutoring could be an easy way for you to earn extra money.
Whether you choose to work as part of an organisation like TEFL or want to offer English in a more informal setting, there is no shortage of opportunities for you.
Poppy Watt