How to Make Money When Travelling

When travelling, a reliable source of income is really important. If you are travelling for an extended period of time you will need to consider how you are going to fund your trip very carefully. This guide will help you to do just that. We will give you some useful tips of how to make some money while you are travelling.

  1. Bar Work

This is probably the classic job that many travellers see themselves doing when they are travelling. There is good reason for that, as such jobs are usually found quite easily. Many bars solely employ those that are travelling for short periods in the area and so staffing turn over is usually high, meaning vacancies come up often. It may well be worth making inquiries even if a particular bar is not actively advertising. For this kind of job, however, you will need to be prepared to work long hours for little pay, often doing pretty boring work. That said, bar work can provide you with the essential money that you need to carry on your travels.

  1. Teaching English as a Foreign Language

There has never been more demand for English teachers across the world. In order to do this, you will usually need a suitable qualification such as the ‘Teaching English as a Foreign Language (TEFL)’ qualification. You would need to complete this in the UK before you leave. However, many language schools will pay well for a well qualified English teacher. Make some inquiries before you leave and have a look for jobs online. It is usually not necessary to be able to speak the local language.

  1. Spread Betting

If you are financially savvy spread betting could help you make some money in preparation for your travels. Spread betting works by making a bet on whether a stock will rise or fall in price, using the services of a broker. Like any investment, this is upto your research and strategy on whether this could work for you.

  1. Investments

Another great way to make some money if you are planning a trip in the longer term is to invest in the stock market. For this it is advisable to use a broker such as CMC markets who will help you to manage your portfolio. It is best to watch the trends on the stock market before investing to maximise your financial potential.

  1. Selling online

A quick solution to making some money in preparation for your trip could be to have a clear out at home and start selling those items that you no longer need online. This can be very profitable for not much effort. You could do this by selling on an internet auction site such as eBay. However, you must not forget that eBay charge quite considerable fees when they list your item for sale. Selling on social media has become more and more popular recently, and Facebook have launched a new marketplace app for smart phones. This could be a great option as it won’t charge you a penny to use. This could be a great solution to help fund your travels.

  1. Odd Jobs

Everyone needs some odd jobs doing at some point and if you have any particular skills then they could certainly come in handy. The great thing about this idea is that you could start doing some before you leave, but also when you are on your travels. Perhaps spend a little time producing some small flyers to advertise your services, this can really help to market your services. Building up a good reputation in the area is extremely important as word of mouth travels fast!

  1. House sitting

Another great idea is to work as a house sitter when you are travelling. Although it may be the case that you will not be paid, you may have great accommodation for free on your travels. This could really help to take away your financial burden of travelling. Many people do this and it is usually highly successful.

Making money when travelling is not as daunting as it first seems. There are many solutions that you can try to ease the burden of not having enough money!