hoard of followers online who appreciate your stories and help you create a solid travel blog?
The part where you decide how to travel and where to go is easy, but the challenging part is figuring out where to get the money to finance your routine travels.
If you have always wanted to have a travel blog of your own and are worried about financing it then read on to find the most suitable financing option for you:
- Use your savings
How do you take a vacation? You save enough money, buy yourself a ticket, and stay above the water for a good week or two. Using savings to travel full time is the most common and most straightforward option. When you self-finance your trips, you will pick destinations and itinerary carefully and keep a fixed route while limiting yourself to specific regions.
It is the simplest option, needs thorough planning along with a fallback plan to ensure things go smoothly in the future. You will have to do plenty of research about the destinations you want to visit and the activities you want to enjoy on your holiday. Once your daily expenses have been calculated and you have made the plan, you will know how much money you need to invest in your travels.
However, saving is not easy and especially at this time when inflation is at an all-time high. You need to avoid temptations and short term expenses to save up for the long term.
You can try slow travel and avoid high transportation costs by having a more flexible trip. When you come back from the trip and go back to your normal lifestyle, you will need to find a financial cushion and start saving all over again so you can take another trip. Save some cash for the fallback plan, so when you come back, you are not entirely stripped of money.
- Remote work while travelling
There are a plethora of freelancing options available for professionals. If you want to keep travelling and financing your trips simultaneously, you can start working remotely so you can finance your travelling lifestyle and not feel like you have been out of work.
You can enjoy long term travel while working remotely as digital work allows plenty of flexibility. You can create a routine through which you can devote some time to exploring the destinations you visit and work too for a few hours.
Before you start travelling, find out what your remote work options are and find jobs for you that you can start working even before you begin your travels. This will take some trial and error, but you will eventually set up a system.
If you are good at a foreign language or speak excellent English, then you can teach languages. You will need to be disciplined and manage your time accordingly to continue remote work while travelling. However, this is a nice option for those who don’t like the 9 to 5 routine and want a more flexible habitat.
- Saving and working throughout the year (the hybrid method)
If you are serious about making travelling a lifestyle, then you can start by working and saving and travelling again routinely. You will get to enjoy the best of both worlds and also your travels without any commitments. It is great for those who would like to take some time off to recover from work exhaustion.
You will get to spend more time planning and preparing your trip and learn what skills you can utilize to make the most money while having a relaxing holiday.
If you are looking for a new career path and need a break from the monotonous office, then this might be for you.
- Use your possessions or assets to earn an income
There is another way of financing your travels. You can use your assets and possessions to generate a regular income and use the money to finance your travels.
For instance, you can give out your condo or apartment for rent when you are not living in it and are travelling. You can even invest in stocks and bonds depending on what resonates with you the most to earn an income. It will help you become financially independent.
If you have an urgent requirement and need emergency cash for travelling, then you can try for fast loans no guarantor and get some secured or unsecured credit.
There are several lenders other than banks that provide fast loans without needing a guarantor or checking your credit score. You can also pledge a loan against an asset you own and get the money to finance your travels. Just make sure that you earn a regular income so you can repay the loan comfortably.
Travel blogging is one of the most exciting 21st-century jobs that anyone could ask for. Who doesn’t love travelling and long holidays? What if you make travelling a lifestyle or routinely travel every month and garner a