It’s no secret that technology has revolutionized the way we work and live. Back in the day, if you wanted to make more money, you’d probably start a business or become an entrepreneur. Thanks to the countless online programming jobs available, you can now supplement your income while still enjoying the comforts of home.
So, is it better to be a digital nomad or a traditional entrepreneur? Does the extra money earned online justify the time spent traveling the world or simply living in paradise? Let’s take a look.
Advantages Of Online Programming
With the world’s second-largest economy and a seemingly endless need for more tech-savvy individuals, it’s no surprise that more and more people see the lucrative opportunities that exist in online programming.
The good thing is you no longer need to deal with clients, which, let’s be honest, is sometimes quite a pain. For most, the freelance lifestyle is more convenient. You get to set your own hours and schedule, and you can work at home or remotely. Traveling to different cities and meeting new people is also optional. You might enjoy the flexibility more than you realize.
One of the greatest things about freelancing is how profitable it can be. Just last year, the income of some digital nomads alone was estimated at over $100,000 and was mostly gained through various online marketplaces like Upwork, Freelancer, and Amazon Mechanical Turk.
While it may not seem like a lot of money, consider what you could do with $100,000: – You could buy a home in a beautiful area – Pay off all your debts – Travel the world – Establish yourself as an entrepreneur
In short, there are dozens of ways you could make more money with just a few thousand dollars. That’s pretty good for a lifestyle choice, isn’t it?
Disadvantages Of Online Programming
Now, before you start thanking your lucky stars for ditching the corporate world and embarking on a freelance journey, let’s be realistic. There are some disadvantages to working remotely. Namely, the inability to easily collaborate with others.
If you work closely with a team, it’s likely that you’ll need to meet in person at least once every few weeks. This might be difficult if you’re constantly working from home. Fortunately, there are solutions to this. You could use tools like Trello or Basecamp to keep track of all your projects, and you could utilize online meeting platforms like Zoom and Skype to connect with team members. Even if you don’t have direct contact with other team members, you can leverage your professional networks to get the work done.
Apart from collaborating with others, there’s also the issue of staying organized. You’ll need to keep track of a lot of different things, which can be difficult if you’re working remotely. This is why you might want to consider getting a dedicated workspace. You could use an online tool like Asana to help you stay organized.
Organizing your work can also help you achieve greater efficiency. If you’re constantly forced to juggle your work between different devices, you might find yourself getting less done. This is why you should consider getting a dedicated workspace. Organizing your desk ensures you don’t get distracted by any other devices or papers stacked on it. It also means you can focus on the task at hand without any outside influences.
There are also security implications associated with working remotely. If you’re not careful, your work could be vulnerable to cybercrime. Because your data and work are stored online, this makes it accessible to hackers. Fortunately, the level of cybercrime in 2019 is relatively low. Still, you should take this threat seriously and develop a plan to protect your work and privacy. For instance, you could use a VPN to encrypt all your internet traffic. In addition, you could enable two-factor authentication on your accounts. This ensures that even if your personal information is compromised, hackers will have a harder time accessing your accounts.
On the whole, the disadvantages of working remotely are fairly minimal. With a little planning and preparation, you can overcome them. In fact, you can even see the advantages of working remotely. For example, being able to collaborate with others and getting your work done without distraction are both considerable perks.
Traveling As A Full-time Job
If you’ve traveled the world as a hobby, you might be looking for the next best thing. Do you get bored when you’re at home? Do you want to see different cultures? Maybe even make some money along the way? Why not? There are countless ways to achieve this. You could become a virtual assistant, sell your photos on stock photography websites, or become a social media influencer.
One of the most lucrative opportunities is to become a digital nomad. Essentially, a digital nomad is a freelance web developer who travels the world while freelancing. Many digital nomads make over $100,000 a year, and some even make over $200,000. While it might not sound like a stable source of income, consider the advantages. You get to travel the world while making money. You might even consider this a dream job.
When you’re traveling, you’ll likely have the opportunity to speak with and observe a variety of different people. This can help you grow as a person. It can also give you a greater appreciation for different cultures and the differences between people. Many travelers even report that their tours and adventures have opened their minds to new ideas and opportunities.
Being a full-time traveler is also quite an adjustment. You’ll need to establish yourself as a local in each city you visit and make effort to fit in with the local culture. For example, if you’re in Thailand and want to eat Thai food, you’ll need to learn a few phrases in Thai to be able to order food without English being a barrier.
Traveling while working is certainly possible, but it requires a lot of planning and preparation. You’ll need to consider where you’ll stay and work. You’ll also need to learn to budget appropriately so you don’t break the bank. Still, this is a lucrative opportunity for those who qualify.
Does traveling while working sound like a dream job? Perhaps not. But, if you look at the advantages, the dream job might not be as bad as you think. Still, this is a career choice that requires a lot of work and planning. Before you can even think about moving abroad, you’ll need to consider whether you even want to pursue this vocation.
Matching Employment To Individual Needs
It’s well-established that technology has the ability to revolutionize the way we work. However, not all jobs are created equal, and many still require significant on-the-job training. If you’re looking for a passive income source, you might be better off opting for an online job that doesn’t require a lot of education or training. This way, you can quickly get started and begin generating revenue.
On the other hand, if you’re looking for a job that requires education or training but also has the potential to be highly profitable, you might want to consider an in-house role at a corporation. In-house roles don’t require a lot of extra education or training, and they often offer some degree of stability. In addition, working for a large company provides you with the opportunity to gain valuable real-world experience that you couldn’t get from a freelance role.
Some in-house roles even allow you to become a co-worker and work alongside people you’ll collaborate with on projects. In fact, working for a big company is often a good choice for those who want flexibility in their work schedule alongside a stable and profitable paycheck.
Overall, technology has the ability to completely transform the way we live and work. Remote work is becoming more and more popular as a way to supplement income and reduce the overhead associated with traditional jobs. Still, whether you decide to become a virtual assistant, a social media influencer, or a freelance web developer, you should always be mindful of the risks and adjust your strategy accordingly.
Many different scenarios exist when it comes to the potential to make more money, and it’s vital you consider the pros and the cons of each scenario. Ultimately, you must choose what’s best for you and your family. Just remember: You’re in control of your own future and the choices you make now will determine your future career. So, be sure to choose the path that leads you to the lifestyle you desire. Good luck out there.