How to Make Your Very Own Travel Fund
To travel the world, you don’t need to be rich, or have a huge, lifetime saving, but think broad. Figuring out money is one of the biggest obstacles for many people. Most of the time, it draws down to revise your priorities. In the modern world, especially, with the harsh economy and corona pandemic, saving money is a daunting task. But, there are many ways to cut costs creatively. There are a dozen ways to make money, but most importantly, you need to have the drive and passion. The challenge might come in when you try to figure out what to do to earn you that extra coin so you can at least make your very own traveling fund. This article discusses how you can make a traveling fund and enjoy the pleasures of traveling.
1. Delivery services
Delivery service is a rapidly growing business all over the world. For instance, same-day delivery space is not a concept anymore but a world-wide trend and standard practice. You don’t need to have people on your bike or car but still get paid for delivery. One of the greatest markets in this area is the food delivery sector. The projected growth rate is at 7.5% annually between 2020 and 2024. This means that there is a chance for you to have a taste of the pie. While many different products can be delivered, ensure you position yourself where the demand and profits are highest.
2. Rent out your car
Did you know that you can make some good money by renting your car through different apps? Despite tough economic times, the entrepreneurial brain has ways of coming up with amazing ideas that allow regular people to make extra cash through such side hustles. The amount of money you make depends on your car, location, and how much you decide to charge. If you worry about your car’s safety, it would be good to know that these apps will make arrangements with car insurance, and most of them will also pre-screen the drivers.
3. Rent your extra house or room
Many websites out there allow you to list your homes or even spare rooms to traveling guests. Many guests have been using them to find cheaper and affordable accommodation during their trips around the world. You can list your space on the site to make extra cash. Some have taken it as a long-term kind of business, buying more properties to list them out to tourists. For starters, you can rent out a space that is not in use as you learn the secrets of the trade and eventually rent out larger spaces.
4. Freelancing
Do you have a passion for writing? There are a lot of freelance writing gigs online. Freelancers are in demand because they cost companies less to hire and retain compared to full-time employees. Just by crafting text for others, you can earn a decent income. Writers and copywriters make at least $0.10-$1 per word and $50-$1000 per article. Besides being a good writer, you should also know how to craft an excellent pitch to get you clients.
Doing SEO consulting is also another popular way of making money by freelancing online. These kinds of trades might need you to be analytical, but you can make at least $75 or more per hour.
5. Transcription and video captioning
In the recent past, online videos have flooded the world’s biggest video sites like YouTube and Facebook. Many authors and bloggers need proofreaders to ascertain their work is on point. Transcribing your video to audio helps it get noticed by subscribers. Captions are essential since many videos are watched with the sound off. Through a few companies that specialize in these videos, you can make an extra coin to add to your travel fund. In just an hour, you can make at least $10 or more, depending on the platform you intend to use.
6. Creating an online course
Every topic has an audience. You might have specialized in one so well that someone out there might be willing to pay for your knowledge. A better way to teach some topics is by selling an online course. Organizing your session into an easy to follow format is the best form of investment. Online courses are an excellent way for you to get paid by the minute.
Earning a little may go a long way in the long run. You might have fixes here and there, but starting on the ideas above is a great way to milk out just a little more and set out on your dream journey.