How we plan to afford to travel long term
We may earn money or products from the companies mentioned in this post.
One of the burning questions when we tell people our travel plans are how we will afford travel long term. People cannot understand where the money will come from for this so we wanted to write it down and share it with you!
We plan to travel initially for nine months before we return to the UK for a family holiday to Greece. I will focus on those nine months when I detail where our money will come from to pay for the trip.
Tip read: Travel the world on a budget
If you haven’t already you should check out our post countdown at the 5 month mark until take off. The trip is explained in there a bit more, and fully in detail in this post, but I will explain briefly where will plan to go during the nine months so you can gauge the enormity of the trip. This is why people cannot grasp how we will afford travel long term. We plan to spend time in the following countries;
Thailand (Bangkok, Kanchanaburi, Chiang Mai)
Tip read: What is a social media manager?
You can see from the list above we will be moving about a lot which means money on flights, buses, trains and taxis. Some of these places aren’t cheap either, take Hong Kong for example… Some require us to pay a visa.
Tip read: How to get cheap flights
So where does the money come from?
First of all I work. It isn’t counted as full time but I work enough to make a good wage per month. I can work from anywhere in the world so I will be doing that while I travel. I have only changed one shift and that is the day I am in Doha, Qatar.
Other than this I will be working and turning up to my regular shift working on social media as a content specialist.
We own our house so we will be renting that out while we are gone. Don’t get me wrong the income from this is so small it is almost not worth mentioning, because it all goes back to paying the mortgage, boiler payments and insurance and so on, but we will make enough to eat out once or twice a month somewhere nice once we have paid off a boiler we had installed.
We have a small savings account for the time we go which we plan to grow and grow until we leave. This will be our safety net while we travel incase something goes wrong or we want to enjoy a place a little more than planned.
I just got accepted to Upwork so if we need more money I will take on some freelance work. I do a lot of article writing anyway so I will look to write for paying clients if I need to.
Tip read: 9 jobs you can do to travel the world as a remote worker
Our blog is making us some money right now through a few different methods. I’ll go into detail about how we make money blogging in future. Our blog also has given us the chance to stay in some hotels, eat in restaurants and more free of charge in exchange for honest reviews of wherever we go. This has saved us money on accommodation in numerous places.
Tip read: What is a family travel blog?
Sign up below to get a template for the reviews that have helped us secure £1000+ free hotel stays within a month;
We earn money in a few different ways as you can see, and that is how we will afford to pay for our trip.
How do you afford long term travel? Business Insider has a great article about affording to travel long term.