When you evaluate how to finance your trip around the world, you can think of several options. There is no single option that is best suited to long-term travel financing. It really depends on the intentions and goals you have on your trip.
Traveling for 3 months or more, for many it seemed a total madness, especially because of the jobs and responsibilities we have but also because of the money that this adventure would cost us.
But if you clarify your intentions and objectives, you can decide what is the best way to finance your trip. I propose to know the best option that you can use to travel around the world.
Travel around the world without worrying about money
The idea is to build a portfolio of assets that generates enough income to cover our travel expenses on a regular basis.
For example, if we own an apartment or a house, we can rent it when we travel the world, and use part of the income to cover travel expenses.
If we work during the trip, it is another way to earn enough money to cover the expenses of the trip and generate the assets we need. If you want to travel the world without having to think about when to return, this could be for you. The term Digital Nomad during the pandemic covid-19 has almost become synonymous with long-term travel. In a nutshell, financing your trip by working while traveling means that you get to travel to the destinations you want while spending some of your time working to sponsor your trip.
The combination of these factors: renting properties and working as a Digital Nomad are the best way to finance your travel around the world.