If you are going travelling, one thing that can be a worry is how you will continue to fund your trip. Here are five ways to earn money online whilst travelling…
Travelling the world today can be a costly venture regardless of the destination. When you combine the cost of flights, accommodation, food, and other modes of transportation, things can get out of hand quickly. For those looking to spend a prolonged time on the road, these costs are amplified due to the prospect of no income.
Saving up an initial pot of money will likely get you where you want to go, but staying on the road will require a consistent income. In this post, we will take a look at 5 methods you can utilise that only require an internet connection and a computer of some sort.
Sell videos and photos
The photography industry is a competitive market with more amateurs competing for recognition every day. To ensure you have a good chance of being able to profit from your travel images, it is worth making an initial investment into a high-quality camera. Although technology is becoming more affordable and widely available, smartphones and budget options will unlikely offer the quality that many professionals have come to expect.
There are a number of online platforms that will purchase images and videos for a variety of uses so do your research and make sure your travel snaps are high quality and relevant to the buyers needs. Also keep in mind that once you sell an image it is common practice that the rights will be sold along with it.
Online surveys
Consumer surveys are a low maintenance and easy way to earn a small amount of income. Typically you’ll register with a survey provider or 3rd party business, fill out a personal profile so that surveys are relevant to you and complete these in exchange for payment.
While this is a relatively easy and straight forward income strategy, it can take many hours to make a notable amount of money. However, it is estimated that users can earn up to £800 per year when dividing their time between multiple survey sites.
Trading
In recent years trading has become widely accessible and popular with consumers in all corners of the globe. With the support of smartphones and laptops, professional investors can monitor their portfolios from practically anywhere in the world and with relative ease. However, trading does not come without its risks and has been historically scrutinised for allowing new traders to make investments that could potentially bankrupt them.
When considering the foreign exchange market as an income opportunity, it is important to educate yourself and ensure you understand the risks involved. It is also worth ensuring that you work with a credited broker who can offer the most up to date market insight.
Consider forex trading with a low minimum deposit to begin with if you are new to the industry.
Become an Influencer
While social media is a highly competitive space for influencers, it is not impossible to join their ranks and often requires a unique selling point that followers will be engaged with. The first step for becoming an influencer is to build a dedicated community that regularly engage and follow your online content. Networking with other influencers will also likely push this along in the right direction.
The end result here will likely be that brands will begin offering some sort of sponsorship to promote their goods via you channels as well as offering the opportunity to become an affiliate or brand ambassador to their business.
Another key aspect for becoming a successful influencer is being true to your audience and offering meaningful content.
Sell Goods
Gone are the days of holding precious stock in a warehouse while hustling in person to make sales. With the boom in user friendly e-commerce platforms and the wide variety in which sellers can reach new audiences, it is now easier than ever to establish a successful online brand with very little capital.
There is a wealth of knowledge online around the best ways to start an online store but a great place to begin is to understand the world of e-commerce. Then you can focus on your individual brand and unique products.
In terms of logistics, many online stores now rely on drop shipping which basically means your products won’t be physically handled by you but rather a 3rd party supplier. International options are also available but it is worth taking the time to ensure your supplier is reliable and reputable.
These are just some of the tried and tested ways of earning a bit of extra income whilst travelling, but there are many more options out there that just require a bit of creativity. Let us know of any other methods in the comments below.
