While the concept of making money online may not be new, the tactics through which you can do so are becoming more apparent every day. One of the most effective (and the most popular) ways of bringing in extra cash is through Digital Nomadism. This lifestyle can provide you with a steady income and the freedom to travel the world while remaining digital nomads (or digital wanderers). Many people have discovered the joys of Digital Nomadism and have taken to the internet to share their experience with potential followers.
The Benefits Of This Lifestyle
If you’re reading this, I assume you’re either considering the lifestyle as an alternative travel destination or have already made the leap and are enjoying the benefits of Digital Nomadism.
The first and most obvious benefit of this type of travel is the continual stream of income it provides. For those who have embraced the lifestyle, they have reported earning an average of $500 per day through affiliate marketing, selling and crafting products online, and taking part in online events such as webinars and mastermind groups.
As a Digital Nomad, you’ll generally work remotely for clients located worldwide, generating sales and income through an online presence which supports your travels.
This type of work provides you with the flexibility to work remotely and travel when you want. In some cases, you may choose to take a long break from your regularly scheduled working hours and take a vacation. When you return from your trip, you’ll be able to continue working remotely and add additional income to your portfolio.
The income from this source is also tax-free. As a digital nomad, you’re treated as an independent contractor and are thus able to claim all of the expenses associated with traveling and living as a digital nomad as business expenses. Many find this option to be more beneficial than trying to claim the costs of a normal work trip.
A More Steady Income
Another advantage of the Digital Nomadism lifestyle is the steady, regular flow of income it provides. While it’s true that you may earn a high income one day and potentially have a significant amount of money stockpiled, this is not typically the case. Rather, you are likely to have a more consistent monthly income. Why? The simple fact is that much like a regular job, you’ll have to commit yourself to a specific schedule of working hours in order to make money with this strategy.
There are numerous ways to earn with this strategy, including selling and crafting products online, creating websites, and joining affiliate marketing networks. You’ll generally need to work around the clock to make sure you can keep up with the demand, but the potential for a steady income is there.
Freedom Of Movement
Perhaps one of the greatest attractions of the Digital Nomadism lifestyle is the freedom of movement it provides. When you have a regular job, you generally have to remain within the vicinity of your home in order to earn a living. This can pose serious limitations on where you are able to travel. Not so with the Digital Nomad. You can move to another country if you want and still have the ability to earn money online.
Traveling and working remotely is certainly not without its challenges, but it’s much more flexible than you’d imagine and provides you with a large amount of freedom. You’ll just need to learn how to manage your time efficiently and understand how to keep your online presence up-to-date and relevant.
A More Active Lifestyle
One of the significant benefits of the Digital Nomadism lifestyle is the active lifestyle it enables you to lead. Traveling and working remotely allows you to escape the 9-5 workday routine and instead become an active participant in your own life. In addition to being able to earn a significant income, you’ll also be able to maintain a healthy lifestyle, leading a more active life and being involved with the activities you enjoy doing.
You may choose to travel to a different country each month or quarter and work remotely for the duration. The choice is up to you. This flexibility provides you with the opportunity to explore new places and new ways of living. The world is your oyster!
Joining a travel club may also be a good idea. Although you won’t be able to travel to exactly the places or do the things you want to do when you want to do them, you’ll have the freedom to explore new places and engage with other members via online forums and blogs. Many travel clubs have active communities where members can get together and plan outings and travel opportunities.
Now is a good time to explore the flexibility and independence of the Digital Nomadism lifestyle. If you’re looking for an additional income stream, this is a good place to start. In addition to the above benefits, you’ll also be able to travel the world while remaining digitally nomadic. The possibilities are endless!