Month: January 2022

How to Make Full-Time Travel a Reality with Passive Income

All year long most of us are looking forward for the few weeks when we can go on vacation and finally embrace our true passion: travel. If we could prolong this to a few months it would be a dream come true. If you can’t work while travelling another way to be able to do this is through passive income.

The pursuit of passive income has become increasingly popular these days. No wonder, because it gives people the freedom to pursue their passions without relying on their salary for sustenance. So now, you can start a travel blog or create content for another website where you can share your experiences with others and make money at the same time! Writing about you experiences in a travel blog is top of the list on how to generate some passive income while you travel. Another big one is to rent out your home while you are away.

The Wealth of Experiences that can be Achieved on Full-Time Travel

A full-time traveller can visit one of the best places in the world. He can go to an exotic location and enjoy the culture. He can also go to places which are more offbeat and less visited.

The world is a very large place, and it is imperative that you make sure that you take time out for your own self-discovery. This will give you valuable life experiences which you will never forget.

Making Your Travel Dreams a Reality

The steps to make your dream a reality is about goal setting, investing, and the mindset shift.

First you need to set goals that are achievable in the next one, three, five or ten years. The rule is simple, if you don’t have goals, you will not achieve them.

Then you need to invest in yourself by learning new skills or strategies. And lastly you need to change your mindset because there is no such thing as “too late”. You can achieve anything!

Creating Your Own Path in Life while Embracing Every Moment Along the Way

You have to create your own path in life while at the same time embracing every moment along the way.

It’s time to take control of your life and start making choices that will define who you are. You have to be making decisions on a daily basis about what you want for yourself and for others. It’s also important to set goals for yourself so that you can move forward with your life instead of just drifting around aimlessly.

Full-Time Travel with Passive Income as the Ultimate Goal

Making full-time travel a reality is not everyone’s ultimate goal. This might be your goal if you’re an avid world traveller or if you like to explore new cultures and experience different lifestyles. Many people, though, want to do it because it seems so awesome and romantic. They might be retirees who want to spend their days doing what they enjoy the most after working for 40+ years and saving up for their retirement.

Achieving this ultimate goal will take a lot of time, effort, and money. Some people do it by saving up money while they’re still working and then quitting their jobs to travel the world while others work hard until they quit their jobs at 65 or 67 or whatever age that is in your country.

Of course, wasting all your life and energy to only achieve this goal at an advanced age seems a bit sad. That’s why some came up with a way of making this work before – with passive income.

Make Your Maths – How much passive income is needed?

The first thing to do would probably be to get your numbers right. How much money do you need every month to support yourself during your trips (food, accommodation, transport, travel insurance…)? How much money do you need to keep things back home?

The next thing would be to look at how much money you could possibly generate through passive income, such as renting out your home, having a travel blog etc. if the numbers don’t add up you might need some money and more time to build up more ways to generate passive income. On the other hand, you can also explore ways to save money on your travels, such as living in a van.

How Does the Van Life Work and How to Make it Work for You?

“Van life” is a popular lifestyle choice for those who are looking for a simpler life. You can find people living in vans all around the world. They are called “Van Dwellers.”

Van Dwellers choose this lifestyle not because they have no other choice, but because it best suits their needs. Living in a van lets them travel the world, be mobile and do what they want to do without having to answer to anyone else. The idea of living in a van is not only about the freedom and adventure, but also about saving money and enjoying sustainable living with minimal impact on environment.

Every summer, we can see hundreds of vans parked along the beaches where there are public toilets and showers. There is hardly any cheaper way to live.

How to Live in a Van and Travel Full-time on Low Budget

Some van dwellers will spend hours each day on Instagram and Facebook to document their adventures and share tips with others interested in joining the community. Of course, having an internet connection is a must.

If they have enough followers, they can also enjoy the financial benefit that comes with it. But what if you are not good at writing at all? Some choose to make certain investments that will give them passive income.

Investments You Can Make on a Low Budget

When you think of investing, you might think, “wow! That’s a lot of money.” But it doesn’t have to be. In fact, there are many low budget investments that can make a difference in your life.

The key to making the most out of your limited budget is to know what will give you the best return on your investment. You may be able to make a low investment and with your own work turn it into a big one. For example, if you are a handyman, you could look out for a cheap house. By putting in your own work you probably are able to sell it for a lot more later or even rent it out for good money, giving you a regular income to finance your travels.

Real estate Investments are one of the best ways to generate a regular passive income. Some people for example have looked up apartment blocks for sale as it is a lot easier to manage a whole block than to have apartments scattered around the country. Also, there are some management companies that can handle all issues that might come up with the tenants. By getting someone to look after your building you have a lot more time to enjoy your next travel adventures.

6 Other Ways You Can Get Passive Income

No matter if you want to travel the world or just like to have some more time with your loved ones. We all like to have a bit more money in our lives and there is a lot of opportunity these days with the rise of e-commerce and e-business. There are so many ways to make money from your home or van! Here are six ways that have been proven as lucrative by those who have tried them out:

1) Rent your property on Airbnb

2) Sell old clothes

3) Sell online courses

4) Invest in the stock market

5) Create an app or website that people use often and continue to pay for it with ads or subscriptions

6) Become a freelancer

Ways to Make Your Home Modernized on a Budget

If you’re like most people, you spend a lot of time in your home, especially during the colder months. Unfortunately, not everyone has an eye for design, so our houses don’t always keep up with the times. If you’ve ever watched a show about house flipping or browsed local listings, then you might have noticed your house looks a little outdated. While it’s common to believe that renovations and home improvement will be expensive, you can modernize your house on a budget. Here’s how. 

Check Your Exterior

Front doors that are chipped or peeling can make your home look old. Consider repainting your door a modern color or getting a new one altogether. You should also look at your windows and opt for hardwood or steel frames. If that’s not in your budget, you can repaint your windows with a modern shade, such as a soft gray or blue. 

You should also pressure wash the outside of your home to get rid of dirt and stains that can make for bad curb appeal. Pressure washing your house can give it a facelift and make it look brand new. 

Modernize Your Kitchen

If you don’t have the budget to renovate your entire house, consider just redoing the kitchen. The good news is you don’t have to start knocking down walls to make your kitchen look new. Instead, repaint your cabinets and replace the hardware and handles to make the heart of the home feel clean and fresh. 

Refacing your cabinets can also make your kitchen look more modern without replacing or adding new cabinetry. 

Focus on the Bathroom

Other than the kitchen, homebuyers will be looking at your master bathroom when determining whether or not to buy your home. Unfortunately, too many homeowners leave the bathroom for last when making improvements. Without a full renovation, you might feel like there’s not much you can change. Luckily, there are many ways you can modernize your bathroom without breaking the bank. 

The first thing you should do is deep clean your bathroom, especially the grout and tiles. Also, remove limescale and hard water stains from the tub, sink, and toilet. Next, you’ll need to replace accessories, including towels and shower curtains. 

Once your bathroom is completely clean, take a look at the walls. You might find they’re stained or the wallpaper is dated. If that’s the case, consider taking down your wallpaper and painting your bathroom walls a more modern color. Modern bathrooms are typically white with white or light-colored tile. Consider painting your cabinets a light gray and adding new handles. 

Get Rid of Clutter

Clutter can make your home feel outdated. Not only that, but it also gathers dust, which will make your entire home look much older than it is. Modern home design is all about minimizing clutter. 

If you’re not sure what to do to declutter your home, consider starting with the living room furnishings. Big, fluffy sofas might be comfortable, but they take up a lot of space in your home and don’t provide you with the modern, minimalistic feel. If possible, consider taking out the furniture you don’t use to give your living room the appearance of space. 

Paint Your Walls

If you painted your walls based on your preferences many years ago, then it’s time to repaint your entire home. While bright colors may have been trendy once upon a time, the modern look includes lighter, calming hues, such as grays, blues, and whites. You can also find modern wallpaper to add a feature wall to your living room. 

Remember, dark shades make a room feel smaller, but bright whites can make a room feel unwelcoming. You can choose from many neutral and soft tones to add warmth to your home while giving you the appearance of more space. 

Add a Home Office

Modern homes have home offices because more and more people are working from home. If your house doesn’t have a workspace, consider adding a minimalistic workspace you can fit anywhere in your home. By turning a spare bedroom into a home office, you show modern buyers there is a space for them to work without worrying about distractions. Don’t worry, though; you can still list your home to include the bedroom you’ve turned into an office. 

If your house doesn’t have room to spare, you can still set up a work-from-home workspace to show homebuyers they can still work from home if they purchase the house. Make sure the workspace doesn’t add clutter to the room, though. If possible, put the workspace in a corner with natural light. 

Upgrade the Lighting

Lighting can transform the feel of any room; it can make a room feel cold or outdated, or it can make a room feel cozy and relaxing. There are many different types of lighting available, including modern lamps or antiques that can make your house feel cozy even with a minimalistic interior design. 

Swap Out Your Bedding

Most bedrooms don’t require a renovation to modernize them. Instead, it’s how you design the room. Since your bed is the main piece of furniture in your room, it will often attract the most attention. 

Updating your bedding and pillows allows you to modernize the room without doing anything else, except for maybe adding a coat of paint. 

Depending on your style, you can choose from light quilts to big fluffy comforters that can add texture to even the most boring bedrooms. 

Modernizing Your Home

The most important thing when it comes to the design of your home should be whether or not you’re happy and comfortable in it. If you want to paint your walls red, feel free to go ahead. However, if you’re planning on selling your house soon, consider repainting and staging your house in a modern way that can attract new homeowners. 

Remember, your house may not be what everyone is looking for. Take feedback from buyers so you can learn what you can change in your home to make it more attractive. 

Matt Casadona

Matt Casadona has a Bachelor of Science in Business Administration, with a concentration in Marketing and a minor in Psychology. Matt is passionate about marketing and business strategy and enjoys San Diego life, traveling, and music.