Do you want to see the world, but don’t have the cash to do so? Then today’s article is for you. In it, I’ll show you five unusual ways to make money traveling.
This isn’t your standard, “digital nomad” schlock either.
Instead, you’re getting actionable advice on ventures that actually pay.
Best of all, each of these is easy to get into. With nothing but a small investment (often less than $100), and some time, you’re well on your way to turning a profit.
1. Trading CryptoCoins
CryptoCurrencies are all over the news right now. Every day you hear stories about some guy buying $100 of this or that, only to quadruple his investment overnight.
After hearing a story like this, most people wonder “is trading CryptoCoins really that easy?”
The Crypto scene is so new that it’s virtually impossible not to make money trading.
Coins keep surging in value. Plus, there are tons of low-risk, small stakes “alt currencies” to buy into.
These are newer coins, and they’re quite lucrative.
Case in point, a few months back I picked up $100 worth of OmiseGO coins. At the time, these were trading for about $8.
Weeks later, they’d soared to almost $20.
(An Easy Investment)
A 250% return on investment. Requiring no special knowledge or detailed research (I bought in after reading an article on their potential).
That’s better returns than any stock, IRA, or mutual fund.
This is a simple venture, running entirely off your laptop. It requires very little capital and has almost no start-up time (beyond reading up on different coins). Yet the returns are huge.
Investing $100+ into coins is a quick way to double (or even triple) your money. Making this the perfect, profitable business for anyone wanting to travel the world.
Changelly.com let’s you invest in all the major CryptoCurrencies.
They’re the perfect place to start your trading career.
Teaching English abroad is an “old school” method for funding your adventures.
While not as popular as it once was, it’s still a great way to make some extra cash.
I know several people who’ve gone down this route, earning anywhere from $2,500 – $4,500 a month.
(Good Money For An Easy Job)
The key to teaching (according to all of them), is to simply show up on time, have a good attitude, and encourage the students.
Do all three, and you’ll quickly become a school favorite.
Because the bar is pretty low. A lot of teachers either don’t show up to work, have bad attitudes, or show up drunk / hungover.
So simply being punctual and polite goes a long way.
Another cool thing is that many schools let their teacher’s telecommute. In other words, you basically do all your teaching over Skype.
So, you’re able to teach a class in someplace like China or Spain, while living in a completely different country.
If you’re a native speaker, and want a traditional paycheck without being anchored down, this is a great opportunity.
3. Playing Poker
Probably the “craziest” sounding venture on this list. However, it’s quite lucrative. Especially when you take time to learn the game.
It’s surprisingly cheap to get into (most online poker rooms offer penny ante games), and more fun than “work.”
A decent player will turn a nice, livable profit from just a few hours of daily grinding.
Additionally, most countries offer their own card rooms and poker tournaments. Many of which are jam-packed with superstitious players practically begging you to take their money.
In Vietnam, for instance, a poker club membership costs less than $50 per year.
And tournament buy-ins are cheap too.
While certain not for everyone, poker is a great money-maker for action junkies looking to test their mettle and prove their tactical brilliance.
One last thing, poker is easy to get into. When most people hear “studying poker,” they think complex math and crazy statistical calculations.
That’s not the case.
It’s entirely possible to master the basics and play a winning game without ever studying math.
They’re both entertaining books, providing a comprehensive guide to winning at cards.
Read these two and you’ll beat 80% of your competition.
4. Online Sales
If you read most “make money traveling” lists, you’ll see someone mention blogging as a profitable business venture.
There’s too much time investment at the start, and profits are razor-thin.
That said, blogging does have a profitable cousin named “online sales.” And this venture is very nice.
So, what’s the difference?
Blogging is usually about writing willy-nilly posts like “What I Did Last Weekend” or “My Thoughts On _____.” There’s not much to monetize, and this type of content never ranks well in Google.
Online sales (also called “Copywriting”), works differently.
You write about a problem, event, or situation, then recommend useful products or services to help your reader’s deal with this.
For instance, you’re reading this article. As such, I’ll assume you want to make money while traveling the world. Or, you at least have an interest in doing so.
So, that’s your problem.
These are two power courses on mastering the art of copywriting, and cranking out profitable articles and sales letters.
Now, you probably noticed from the above paragraphs that I just demonstrated the entire “Problem, Solution, Product” formula for you.
It’s an essential tool, and mastering it is the key to financial success.
Check out both of them, study each thoroughly, and then practice what you’ve learned.
Your bank account will thank you.
5. Investing In Yourself
Some skills don’t fit neatly into any category.
There’s always someone making money off a weird business no one else has thought of.
Case in point, I have a friend who makes big money knitting custom yarn animals (they’re like stuffed animals, but made of string).
This is an uncommon business, and there’s very little competition in her field.
It’s also something utilizing a set of skills that most people simply do not have.
By taking her passion and running with it, my friend turned an obscure hobby into a lucrative venture.
You can do the same.
Look for what you’re passionate about or what motivates you, and then find ways to monetize it.
This can be anything. From painting to playing the guitar, to collecting rare trading cards (lots of money there).
Take some time and reflect on what it is you enjoy doing. You’ll often find the perfect business idea hidden within your passion.
Each of these will give you ideas on how to find your talents and what skills are worth nurturing.
P.S. Want to learn more about selling online? Check out this article.