Friends usually sit down for a cup of coffee and just laugh over the experience. One of the things that usually crop up is how to decide to go nomadic. We talk about our passion for traveling the world and how the nomadic lifestyle has changed our life.
One thing we also discuss is if the nomadic lifestyle is exactly how we expected it to be. The answers are always unanimous and resounding “Yes and No”. The nomadic lifestyle is a dream come true, a lifestyle out of a romantic fairy tale. However, many of us hopped in without the right knowledge. At first, we saw this dream turn into a nightmare.
You shouldn’t have to struggle as we gullibly did at first. All you need is the right knowledge. Traveling abroad has helped many digital nomads achieve their wildest dream. So can you. Let’s take a quick look at a few things you can do to make your nomadic lifestyle successful.
One of the key tips for succeeding as a digital nomad is to understand that the nomadic lifestyle is just that – a lifestyle. Traveling abroad is not a profession. As a digital nomad, you are a part of a global community of people who move from one place to another.
This lifestyle serves a number of purposes:
However, the nomadic lifestyle isn't a profession. It may help you build your preferred lifestyle. But nevertheless, you still need to work.
Like I just said, a nomadic lifestyle is not a money-making machine. You still have to work. Figure out what you want to do for money. By the way, becoming a digital nomad and starting a blog about your newfound passion for the nomadic lifestyle is not a solid life strategy.
Decide on what product you want to sell or what service you want to offer. With the power of the internet, you can be wreaking great damage, all from the comfort of your beach apartment. However, don’t fool yourself into thinking it doesn’t require an insane amount of work.
Freelancing, digital marketing, e-commerce, social media marketing, SaaS, SaaP, and many other business models have been explored by fellow digital nomads. Choose your path and give it your all. Remember, you need money to fund a war.
…or a lifestyle.
One of the most beautiful things about being a digital nomad is the sense of community. As a global community, the nomadic lifestyle helps digital nomads connect in foreign countries, sharing experiences, and helping one another navigate the lifestyle and business.
When you hang out, don’t be shy to start conversations. You might just run into a digital nomad who may show you around and give you helpful tips. Also, search online if their digital nomad groups you may join. Online communities are filled with helpful discussions you will learn from.
As a digital nomad, you need a solid grip on your budget. Without a solid budget, everything entices you and you may easily overspend. You don’t need every “lifestyle item”. But with the thrill of the whole adventure, it is really hard to think straight.
Define your budget. Know how much you are willing to invest in different aspects of your lifestyle. Your budget will determine the city you choose to live in, and vice versa. So, put this into consideration. How much are you willing to spend on:
Your budget will guide your lifestyle choices and help you figure out how hard you need to work.
As a digital nomad embracing the nomadic lifestyle, storms are inevitable. Just because you are in a paradise doesn’t exempt you from the realities of life. Save as much as you can. There are highs and lows. Save as much as you can when you are enjoying the highs, so that when the lows come, as they would, you will be well taken care of.
Another thing to do when enjoying the highs is getting frugal enough to send money home for investments. With the help of trusted friends and family members, you can be building solid bases, so that there is always something to fall back on.
With the help of PassTo, sending money internationally hasn’t been easier. Now, you can send money to your friends and family to help you with business and investments for projects. With PassTo, you can send your money at a very low rate, all within a robust and secured platform.
Let’s help you improve your money game.