A Complete Guide To Successful Location Independent Living

Location independent business – A World to Travel

Life can feel stagnant sometimes.

Living in the same place, doing the same job, seeing the same people, going to the same bars, cafes, and restaurants… It can feel like your own version groundhog day.

Times are changing though. The typical ‘9-to-5-work-in-one-place-until-retirement’ life trajectory is slowly fading out. 

We’re living in an online age, and the internet’s having a dramatic impact on our way of life. It’s revolutionizing the way we live and work. For instance, anybody can now take their laptop and use it to earn a living from anywhere in the world, becoming a digital nomad!

Location independent living, as it’s sometimes called, offers the height of flexibility. 

Increasing numbers of us are turning to it in the pursuit of change and adventure. It’s a prime opportunity to break the chains of a mundane daily existence, and turn to something altogether more exciting!

Nonetheless, location independence isn’t without its challenges. Taking this bold move poses a host of novel challenges to overcome. Thinking about giving it a go, and looking for some insight and advice? I want to help!

Keep reading for 9 top tips for making a success of your upcoming location independence living.

1. Find a Location Independent Job

The first thing you’ll need to discover a love of travel and live a successful location independent life is a job!

In other words, you need a way to make money on the road. Fail to find a way to do that and your foray into a nomadic life won’t last for long.

I recommend looking into this before you start making other plans. 

Sure, you could go ahead and quit your current job right now. You could book yourself the first flight out of town and try and wing the financial side of things as you go. 

But that approach leaves you open to huge amounts of uncertainty! I’m all for burning your boats and committing to a decision. However, leaving abruptly can cause trouble down the line.

What happens if you can’t find a job quick enough? How long can your savings last for? Do you have a visa to work legally in an ‘ordinary’ job in the country?

Securing a location independent job before you do anything drastic helps path the way to peace of mind on the road. You have a source of income! That’s huge. With that major step sorted, everything else can fall into place.

2. Make the Leap

Don’t wait too long to leave though. Sooner or later you need to make this happen.

It’s often easier said than done. After all, home-life is safe and secure. You’ve got a regular income, some savings put away, and friends and family around you. Life, for the most part, is sweet!

The thought of walking away from it all can feel understandably daunting. Location independence can be less stable and more uncertain by its very nature. Stepping into uncertainty pushes all the wrong evolutionary buttons! It feels uncomfortable.

But you owe it to yourself to make the leap.

For one reason or another, you’re interested in a new way of life. You might feel bored, unfulfilled, and eager for a change. Heck, the certainty and safety of everyday home life may feel downright mundane. You want an adventure!

Find a job you can do anywhere, steel yourself for the change(s) to comes, and commit to this course of action. You won’t regret it.

3. Don’t Jump Without A Net

As important as having some savings and a plan B in case things go south, travel medical insurance is something that you should not oversee either. SafetyWing offers worldwide coverage, allowing you to pick when you want to start and cancel any time, working as a subscription from $37/4 weeks.

There is simply no limit on your trip’s duration or need to know how long you’ll be traveling beforehand. On top of that young children are included and it covers you 30 days – or 15 if you are from the States – every 90 days in your home country.

4. Figure Out Your Home Address

Okay, a practical consideration.

Location independence can make your mailing and billing address situation a little more complicated. No longer living at a fixed home, you’ll need to find somewhere to send your mail.

Where will people and organisations send important correspondence in your absence?

If you’re lucky, you’ll have a family member who’s willing to let you use their address. This is, in my opinion, by far the easiest option. They can notify you of any mail that arrives and open it for you while you’re away. You don’t miss anything important as a result.

An alternative is to pay for a P.O. box somewhere. Your mail gets delivered there instead. 

A third option is to just pay for an address to use. 

That might sound strange, but numerous companies are set up to provide people with a mailing address. Even better, you can then pay them to scan and forward to you any mail that arrives.

5. Diversify Income Streams

Let’s skip ahead and imagine you’re now officially on the road!

Congratulations on committing you the dream and making it happen. Hopefully, you’re having the time of your life, earning money on the move, with ultimate freedom and flexibility.

Now’s a great time to get pessimistic. That might be the last thing you want to do, but hear me out! This one’s important.

I want you to imagine what would happen if you suddenly lost your source of remote income. What would you do?

This is crucial to think about ahead of time as it helps you prepare for the worst. Expecting a threat to your income will inspire you to take steps to stop it happening.

Diversifying your income streams is one of the best ways to do it. Essentially, relying on just one source of money is a risky game. If, for whatever reason, it gets taken away, then you can be in a spot of financial bother. Just the knowledge of that potentiality can evoke stress and worry.

Spread your bets instead. Having just started living your dream, it would suck to see it in jeopardy. Do what you can to get a secondary income stream to work as a fall-back, just in case.

6. Have a Personal Project

This suggestion won’t be for everybody.

It’s something I find personally helpful in my life as a digital nomad, though; there’s a chance you’d benefit from it too!

Basically, I have a blogging project on the go at the moment, which I do alongside my paid work on the road. I’m trying to grow my new blog, What’s Danny Doing, to a point where it starts earning passive income as I travel.

I earn money as a content writer- that, for now, is my guaranteed income. However, I find that my personal project provides a greater sense of purpose while I’m on the road. I like have a goal to work towards. 

Traveling and earning money on the go is genuinely great, and I feel very lucky to be able to do it. Nonetheless, for me, it isn’t quite enough. I want to be working towards something at the same time, to really feel like I’m using my time wisely.

That’s what my blogging project gives me. It makes my time on the road feel more worthwhile.

Perhaps having a personal project, or bigger goal, to work towards (alongside your paid work) would do the same for you.

7. Go Where There’s Internet

Here’s another practical tip:

Make sure you travel to places where there’s quality internet. There’s nothing more stressful than having a deadline to meet, with awful, low-speed Wi-Fi to do it.

Thankfully, many of the typical traveler destinations have the infrastructure to support nomads now. It’s genuinely amazing- you can be working on a remote island or beach destination in South East Asia somewhere, and be happily connected to the internet.

You won’t get that everywhere though. No matter where you are in the world, you’re sure to experience internet shortages at times.

Now, that’s not always a bad thing in my opinion. Being constantly connected can distract you from where you are and what you’re doing. 

I think an internet detox every now and again is good for all of us!

But there’s no escaping the fact that you’ll need it to earn money. Extended periods without access to the internet can put undue pressure on your purse strings. Spend enough time in places where you can guarantee good internet.

8. Do Some Work!

Here’s a quick one:

Make sure you actually get some work done! It’s often easier said than done. 

After all, you no longer have an overbearing boss breathing down your neck every day. The only targets you have are those you set for yourself.

Motivation to work can be in short supply when you’re in a beautiful part of the world with a plethora of more interesting things to do!

Expect a teething period at the beginning, as you find your location independent feet. Have a financial buffer set aside to carry you through the first few months. Chances are, as you adapt to digital nomadry, you’ll do far less work than you probably should.

Establishing a routine can help. More than anything, though, it’s about finding a way of life on the road that works for you. 

Try working in the mornings, or afternoons. Try working for a solid week so you can travel/explore the week after. Work every second day, and so on. Play around with different options until you figure out the best alternative.

9. Remember Your Freedom

Don’t work all the time, though!

It’s about balance: doing enough, without slipping back into the familiar work-heavy routines. 

Remember, you’ve chosen this lifestyle for a reason. Chances are high that you don’t want to work all the time. You want flexibility, freedom, and independence instead.

Make the most of what you’re doing. You have time and opportunity to explore the world. Get away from the laptop enough to do it!

 

Time to Try Location Independent Living

Location-independent living offers a refreshing alternative when life starts to feel stagnant. Thanks to the internet, we’re no longer bound by traditional ways of earning money. 

Working and earning an income on the road is worlds apart from an ordinary 9 to 5 life. For many, it’s the perfect solution to a mundane existence. 

It’s about freedom, flexibility, novelty, and adventure. It’s about utilizing the tools at our disposal to do things differently and make life a bit more exciting.

However, the move to location independence isn’t necessarily easy; the change can take some getting used to! Hopefully, this post has provided some useful advice to smooth the transition and help make a success of your new life without on the road. Enjoy!




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