Admit it: instead of living in a single place, maybe you’d rather travel the world. To support your dream, though, you’ll need money flowing into your bank account. With the right approach and tips, you greatly improve your chances of succeeding as a digital nomad. These tips can show you which jobs suit vagabonds like yourself, how to navigate rental spaces, and how to ensure clients pay you on time.
Look for Ideal Digital Nomad Jobs
As cool as it would be to pack up a physical office to carry with you while traveling, you must focus on jobs that suit your skills and resources on the road. Essentially, any computer-based job makes it easy to make a living while traveling.
This can be anything from digital marketing, to graphic design, community managing, coaching, media managing, or online teaching.
If you lack the skills for the position you desire, consider looking into online learning programs. Other than giving you the know-how, these courses may also teach you how to become a stronger entrepreneur with the skills needed to run a business.
Also, make sure your resume packs a punch. Use this free resume builder to make a good impression on prospective clients.
Start a Freelance Business
If you enjoy variety, you may like the idea of starting your own freelance business in one or more industries, depending on your skillset and professional desires. No matter your capabilities, experts recommend creating a limited liability company for convenience.
One of the most important is personal liability protection if someone takes legal action against your business. Other benefits of LLCs include less paperwork, more flexibility, and greater tax advantages than partnerships or corporations.
As a digital nomad, you may travel to states with different LLC regulations. Consider working with a formation service to learn how to navigate various rules and determine the best state to organize. Formation services can also help you set up your LLC without requiring expensive legal fees. But an attorney will give more customized advice to what your unique situation looks like.
Find the Right Rentals
Think about where you work or operate your business from. With a computer-based job, you’ll need a reliable and fast internet connection. But you may also want to stay somewhere close to attractions or activities you like.
Look into a neighborhood’s safety rating before booking lodging. You may also prefer renting from a site that offers round-the-clock customer service in case something happens.
Learn How To Get Paid
Finding the ideal job and setting up an LLC won’t do much good if clients don’t pay you for your work. Learn how to create and manage invoices for your clients, and find out how payment platforms and international wire transfers work in different countries. One low-cost, reliable money transfer service to consider is Remitly. Other services include PayPal, Stripe, Wave, and Square.
Discover How To Save Money on Traveling
While you love traveling, you could likely do without the steep cost of jet-setting across the world. Planning your trips around off-peak travel times can save you money and help you avoid crowds.
Staying in a hostel instead of a hotel is cheaper, and several even offer free food.
Don’t Forget About Taxes
Once you are paid, don’t forget to pay Uncle Sam. Do yourself a favor and learn the ins and outs of paying taxes as a freelance worker. This will include understanding what costs are deductible, what must be capitalized (deducted over years), what can be expensed (deducted in one year), and how much to withhold and pay for quarterly tax estimates.
Traveling to different countries could affect your taxes. Be sure to ask a financial expert how to remain on the IRS’s good side no matter where you are.
Take control of where you go in life and your career. While working as a digital nomad may not be a common career, it can offer uncommon joys.
This guest post was authored by Sharon Wagner from SeniorFriendly.info.
