A few weeks ago I wrote a post outlining 7 Steps to a Life of Travel. It’s my attempt to break down a complex process into manageable chunks—but there’s no question that there are actually a lot of challenges lurking within each of those seven steps! I’ll be writing a more in-depth post for each step. Here’s Step 1: Make a Money Plan.
Step 1 is arguably the most difficult for many people. It’s hard to write about, too! To put this post together, I’ve been thinking back on my own experiences. I have been lucky so far in my own quest for location-independent income. I saved enough money to travel for nine-plus months without needing any additional source of income. Then, when my savings were running low, I was able to transition to working online as an editor, using skills and contacts I already had.
That work still serves me well, but for a number of reasons it’s time to revisit my own money plan. First, I want to have some sources of income that will pay me even when I’m not actually at my desk editing, which means creating some products I can sell online (or ramping up my income through affiliate commissions). Second, one of the main priorities for the next year is to help Roberto transition to a location-independent source of income as well.
So here’s more information about what’s worked for me (or not) thus far, and considerations that anyone (including me and Roberto!) should keep in mind during the process of creating location-independent income sources. Continue reading




