How to Become a Digital Nomad

Nothing is more freeing than traveling. Experiencing different cultures and seeing the wonders of the world is something everyone should do. But when it comes to being able to work while traveling, not everyone knows how to go about it. Even with the influx of remote work, most people are still obligated to work a regular schedule. However, if you have the right skills, seeing the world while making a living is possible. Here’s what you need to know about becoming a digital nomad.

What is a Digital Nomad?

When you hear the word nomad, you might envision someone who roams aimlessly through the desert. Thankfully, a digital nomad is someone who experiences all the riches of travel with working from their laptop. They usually possess a skillset that allows them to work remotely on their own schedule. Digital nomads usually work in social media, digital marketing or even graphic design. Keep in mind that these types of occupations are only the beginning. In fact, some digital nomads make a career out of traveling blogging or vlogging.

Learn New Skills

If you already work in a field that allows you to work and travel, you’re one step ahead of the game. However, if you’re considering changing careers, you need the right skills to make that happen. There is plenty of free information accessible to sharpen our pre-existing skills or learn new ones. If you love social media but don’t really understand how to market yourself as a social media manager, you need to learn how to sell yourself and build a portfolio.

Plan Your Course

In addition to finding ways to support yourself while traveling, you also need to decide where you’re going to go and how to get there. For instance, if you’ve always dreamed of touring Europe, you need to map out your course. You also need to figure out how you’re going to pay for it. If you’ve been saving up until this point, then hitting the open road is a snap.

However, if you’re short on funds and still refining your skills to work remotely, you could consider going back to school. To help pay for it, you can apply for private student loans with a lender that not only offers you lower interest rates, but also favorable repayment terms as well. The key is knowing which degree will benefit you the most and your dream of being a digital nomad.

Freelance or Employee

The final thing you need to consider is your work status. A lot of digital nomads choose to freelance instead of being an employee. Freelancers set their own schedule and often work a variety of jobs while traveling. An employee who works remotely usually works a set schedule and answers to someone else.

Both types of positions have pros and cons, so make sure to research both prior to deciding. You should also consider the tax liability of each situation. Freelancers are accountable for paying all applicable taxes while W2 employees usually have those deducted from their pay automatically.

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