Thousands of Canadians would love to throw off the shackles of a traditional job and travel full-time. There’s just one problem. If a week-long trip costs $2,000, there’s no way they can afford to travel more than a couple weeks a year.
That’s because there’s a huge difference between showing up somewhere for a week at a time and traveling long-term.
The first thing full-time travelers do different than tourists is they stay somewhere for weeks at a time. This minimizes one of the biggest travel expenses--transportation. It’s also much cheaper to pay for accommodation for a month at a time rather than per night.
It’s also much simpler to long-term travelers to spend time in Southeast Asia, Eastern Europe, Latin America, and other parts of the world where it costs a fraction to live versus North America. The world is filled with reasonably priced destinations, especially when you get away from traditional tourist areas.
Once a traveler makes it to a cheap part of the world, they don’t need to make as much money. The average person in Mexico earns about $9,000 U.S. per year. It’s easy to rent an apartment in a good neighbourhood in one of Mexico’s major cities for less than $400 per month. Other products and services are correspondingly cheaper as well.
All a traveler needs to do is earn enough to maintain that cheaper lifestyle. The internet makes this relatively easy, especially if you have a specific skill that can be done from anywhere in the world. There will always be companies looking for skilled freelancers.
Related Stories
