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Build Multiple Income Streams
The greatest hurdle to living as a digital nomad is location-independent income.
Chris Oberman, long-term expat and travel blogger atMoving Jack, recommended creating multiple streams of income.
If youre going to work abroad, dont bet on one horse, he said.
Its not a good experience to lose your only source of income in a foreign country.
Start by checking out Latin America, Southern and Eastern Europe and Southeast Asia.
I was living quite a frugal life while doing occasional freelance work as a content creator.
I make a run at avoid tourist traps and live like a local, she said.
Ask where other digital nomads and workers are living and how to negotiate the best rates.
Practice Slow Travel
Digital nomad Marina Guastavino launched the Directo travel web app extension while traveling full-time.
Score Free Accommodations
Who says you have to pay for hotels, Airbnbs or even long-term apartments?
Check outTrustedHousesitters.comorMindMyHouse.comto get a feel for it.
Alternatively, you’re able to look into home exchanges or even volunteer opportunities that provide free accommodations.
Your first $130,000 is income tax-free ($260,000 for married couples) read more atIRS.gov.
you’re free to qualify for it in one of two ways.
That said,Seven CornersCEO Jeremy Murchland pointed out that you could owe taxes in your host country.
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