Top 4 Ways of Making Money While Travelling

Travelling the world can be an expensive business. Even after you have paid for all of your flights, buses, accommodation and guided tours, you will still need to have money saved for trying the local delicacies, experiencing the nightlife, and paying for any unexpected occurrences. Unless you have worked out a very specific budget, it can leave you feeling stressed and anxious about not being able to enjoy your travels to the fullest extent.

Working while travelling is a great way of relieving money-related worries and ensuring you have enough cash to make the most of being away. While you may be of the opinion that travelling is all about getting away from the life of work, making money when you are travelling can be an even more fulfilling way of experiencing a country and getting to know the local people. Here are some of the top ways in which you can earn some extra income on your travels.

Teach English
Without a doubt, English is the most popular language in the world to learn. There are an estimated 1.5 billion English learners worldwide, which is expected to rise to nearly two billion by 2020, equating to a massive demand for English teachers. Teaching English as a Foreign Language (TEFL) is a straightforward and effective means of making an income while abroad. Wages for teaching English vary depending on the country and the type of role you have, however in some countries it can pay as much as $4000 per month.

Work in a hostel
Like teaching, in many countries like Thailand, Vietnam, Colombia, and the Philippines, there is a significant demand for English-speakers to work in hospitality due to the influx of millions of foreign tourists who arrive each year. Hostels are the go-to stop-offs for most young backpackers, who make up roughly 20% of the travelling population, meaning there is always a range of job opportunities on offer, including receptionist, bar worker, cleaner, and activities manager. Alongside the job, hostels may also provide free accommodation in return for some extra hours, allowing for even greater savings.

Become a digital nomad
More travellers than ever are increasingly coming to rely on the internet to provide them with an income while on the move, and with good reason. Whether you are freelancing, giving video tutoring sessions or selling products using multi channel ecommerce platforms, so long as you are connected to the internet, there are a myriad of different innovative ways to make money online. Starting a travel blog and advertising products is another popular means of making an income, although it may take a while before you build a strong following.

Give guided tours
Although it may be slightly ambitious to assume the role of tour guide in a country in which you have just arrived, if you know you will be spending a considerable amount of time in one spot, then it’s certainly a job worth considering. If you have a niche, such as detailed historical knowledge of an area’s urban street art scene, then all the better.