/// 6 Ways to Make Money as a Vagabond
You shouldn’t focus on why you can’t do something, which is what most people do. You should focus on why perhaps you can, and be one of the exceptions.-Steve Case
I may technically be retired but I’m not rich and I want to continue to build my future while I’m still young(?). So while living this vagabonding life, I like to keep earning while still enjoying and really living it.
We live in a wonderful time where we can wander the globe or live purposely detached from a central location, unanchored to roam with freedom.
But it is still a way of living, meaning it takes means to keep on living, like any other way of living. These are some of the ways to keep that going:
These are location independent careers. Jobs that don’t require you to always be in a specific place and time to function. Most often these are entrepreneurs and contractors that can go wherever and whenever for work.
If you’re lucky enough to have one of these jobs already, the trickiest part of vagabonding life is solved. I know quite a few photographers, day traders, security consultants, artists, self-defense instructors and even a barber who are thriving living nomadically and earning big.
A few times a year I consult allied militaries and certain agencies as a side gig which takes me to less than tourist friendly locales around the world.
-Earning Potential: Unlimited
You don’t need a teaching degree or even be a college graduate to get a legitimate job as an English teacher in most of Asia. This is the most common type of “working vagabond” I meet in my travels and I’ve heard so many good things.
While this locks you into a location for however long the contract is (3 – 12 months), teaching and living in a foreign country like this is an extraordinary experience in itself, and you get paid for it.
-Earning Potential: $1,200 – $2,400 / Month
Work at a Hostel or Coworking Space
It’s fairly easy and common to get a job at a hostel or coworking space. But these are rarely paying jobs and are hardly glamorous. Compensation is usually in the form of a free bed or desk for as long as you “work” in one of these places.
But that’s not so bad when you’re strapped for cash and want to extend your travels. Besides, accommodations are the most costly expense of vagabonding. Money saved is money earned.
Even if it’s not obviously advertised, ask the staff for any positions, people do it all the time.
-Earning Potential: Free Accommodations / Workspace
Local Temp Odd Jobs
Despite being low pay with zero job security, this kind of work is quite difficult to get hired for as the locals would also be vying for it – and they’ll usually get it over some random foreigner.
But it’s not unheard of. If you’re strong maybe you can work construction or move heavy things. If you’re willing to get paid less than what they’re offering, then maybe you’ll get a job over the local guy.
If you’re lucky, maybe you can get a part-time bartending gig at a touristy / expat bar in a non-English speaking country.
-Earning Potential: Local Minimum Wage
Bloggers, web developers, graphic designers, coders, social influencers and other location independent tech professions are all potential digital nomads – assuming one takes advantage of being able to work remotely from essentially anywhere in the world for long periods of time.
This very website is what makes me a digital nomad. It gives me a little bit of income and I can do it from anywhere and at anytime, I just need decent internet. But I’m not special, our numbers are growing rapidly and I believe almost anyone can also become a digital nomad – with a lot of work and some ingenuity.
Ideally, it’s this and or having a “mobile profession” that epitomizes the modern working vagabond in its effectiveness and adaptability.
-Earning Potential: Unlimited
Rent Out Your Space
If you own property, it should be a given to rent it out for long term before departing. Better yet, if you have a business associate or a reliable friend / relative, get them to run a side-Airbnb service for the property for much better returns albeit much more work.
If you’re renting but still have time on your lease but want to start vagabonding before it terminates, sublease the apartment for the remainder. You may not make money but you’ll at the least minimize loss.
Or if you want to try something new, there’s a service that lets you safely swap homes from other people around the world for a set amount of time. It’s like couples swinging, but with homes.
-Earning Potential: Various
They told me to grow roots, instead I grew wings.-Louis de Bernières