Earning As a Digital Nomad: What are the Biggest Benefits and Perks?

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From Diu to Santorini, the world is a big, amazing place just waiting to be explored. So many times, you see people on social media and in online articles, visiting these foreign lands and you just wonder how they do it… How do they afford to do it and how do they have the time to do it? It makes you wonder what you’re doing wrong in your life as to why you can’t live like them.

Well, to be fair, some of the instances you see are celebrations of life events, not necessarily people who are living a life of travel. For example, some people travel to get married on the most beautiful beaches while others celebrate anniversaries, graduations, and retirements. But in that same token, there are those who actually do live a life of travel and it’s those people that really make you question your life choices.

What Exactly Does It Mean to Live a Life of Travel?

To live a life of travel is exactly that… your life revolves around travel. It’s a totally different experience than you’re used to; Ultimately, you can think of it as a larger-scale version of “living your life on the go!”

To put things into more realistic terms, as technology advances, more and more people become location independent. What that’s really saying is that people are ditching their 9 to 5 jobs and trading them in for living a life of travel. They’re quitting their jobs and adopting the digital nomad lifestyle.

The real question is, why is the number of location independent workers increasing? Well, that can be due to lots of reasons. According to a study by MBO Partners, the growth of online talent marketplaces have increased as well as the number of co-working spaces. Aside from that, people are also just tired of their toxic work environments and want to get the most out of their earning potential.

In case you’re not too familiar with the term “digital nomad,” a digital nomad is someone who travels the world and earns an income by working jobs that are all based online. So, pretty much, as long as you have access to the internet, you can earn a decent income while traveling the world.

The Perks and Benefits: Why So Many People are Adopting the Lifestyle

So, we know that more people are adopting the lifestyle because of the co-working spaces and the increased number of online jobs, but those aren’t the only reasons why people love the lifestyle… Can you guess the other reason why so many people are taking on the lifestyle? If you guessed the benefits and perks, then you guessed correct.

There are so many wonderful perks and benefits that come with the digital nomad lifestyle. Everything from being able to travel the world and creating your own work schedule to having endless work opportunities, the lifestyle is one that shouldn’t be overlooked. Take a look at some of the biggest perks and benefits of earning as a digital nomad.

Your Office is Wherever You Want It to Be

As a digital nomad, imagine trading your desk in for a coffee shop table in Paris; Or imagine your desk chair being a hammock between two palm trees… that’s what the digital nomad lifestyle grants you. You no longer have to freeze in your office cubicle but instead, take in some good vitamin D from the natural sunshine.

The fact that you have the freedom and flexibility to choose your own work environment is one of the biggest factors that makes the lifestyle so appealing. It’s not only appealing but it also increases productivity. Productivity alone is one of the biggest reasons why so many companies are hiring remote workers now.

There’s No Dress Code

When was the last time you were ever allowed to come to work in your pajamas or in your swimsuit? Probably not ever! And even companies that allowed “casual days” restricted it to special occasions or made it incentive-based. 

With the digital nomad lifestyle, you no longer have to wake up 30 minutes early to go back and forth in your mind about what you’re going to wear to work… If you want to sit on the beach and work, put on your beachwear and hit the sand for work. If you don’t want to go anywhere to work, simply let your pajamas be your uniform for the day.

No Commute

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According to the US Census Bureau, the average commute time it takes to go one-way to work is 26.1 minutes, and over the course of a year, it averages out to around nine days! That’s a long time people spend in their cars… if you really think about it. It’s not only frustrating but it’s also the cause of unhealthy weight and one of the direct links to unhappiness, according to Psychology Today. As a digital nomad, you don’t have to worry about that… Your biggest commute is the time it takes you to walk to your computer!

Endless Ways to Earn Money

The biggest perk of the lifestyle is from the earning perspective. Because your earning potential is linked to your access to the internet, that gives you the freedom and flexibility to earn just about anywhere you go.

Earning as a digital nomad typically falls into three categories:

  1. The Entrepreneur Digital Nomad
  2. The Freelance Digital Nomad
  3. The Remote Worker Digital Nomad

As an entrepreneurial digital nomad, your source of income will come from the online store you create. You can build your website through Shopify, post the items you are selling, and market your site so people will know to shop with you. Building an online business is one of the most popular and common ways to earn a steady income.

The freelance digital nomad will take a little bit of time to build up a steady source of income simply because the work is based on how many clients you have. The great news is that the number of jobs you can do are endless. Everything from freelance writing and tutoring to coding and social media management, your freelance work opportunities are limitless. Once you build up your clientele, you’ll have too many work opportunities to choose from!

The remote worker digital nomad is one who works for a company and probably has somewhat of a set schedule… this is what separates it from freelance work. Because you’re working for a company, you’ll probably have scheduled hours to work and a set amount of pay, whether it’s hourly or project-based. But working remotely for a company is also a popular and common way to earn steady income during your digital nomad ventures.

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