Investments, Tutorials

How to travel the world without exceeding your family budget

With the development of aviation services, the opportunity to take a full world tour is no longer a mirage. You can do it the traditional way – by buying a round-the-world trip ticket for a specific price and a specific period, or you can do it on a budget – by jumping from destination to destination, deciding which place to visit next in the last moment.

You can do it consistently – without a break for a specific period, or with interruptions, starting again after a while from your last starting point. In either case, it will take you a long time, as we do not yet know a person who has been able to travel around the planet in 24 hours and at the same time has been able to enjoy the local people, the sights, the history, cuisine and customs.
However, if you have enough savings, you can afford to spend some of it to buy airline tickets and book hotels and the rest to invest in a way that will bring you profits and returns while queuing in front of the Eiffel Tower or you go around Tiananmen Square in Beijing. Here are three ways to make money while traveling.

Rent your apartment
Refresh and rearrange your home, then take some spectacular photos of the place. Thus, as you travel, your place can become part of some attractive B&B platform and someone else like you can take advantage of it as you make your own world tour. This is how you will travel, and fresh additions to your account will make your walking around the world even more justified. Of course, if your trip around the world is longer than usual, you might prefer to rent your apartment to just one tenant – so, apart from securing a rental income, you will also know that someone is looking after your home while you’re gone.

Teach English lessons
Of course, there is only one condition for this – to speak English at a good enough level to be able to teach it. The ability to buy bread and water, as well as asking for a direction in an unfamiliar city, is not enough. It’s also a good idea to approach different audiences, whether it’s children or adults. There is a need for English teachers everywhere in the world, especially in Latin America and Asia. In some countries in these regions, you can afford to stay longer than usual, as the requirement there may also be for longer-term commitment. This way, you will be able to do some useful things at the same time – to travel, to teach and to earn. For some people, a trip around the world with these three characteristics could also become a permanent way of life.

Invest in P2P
P2P is becoming an increasingly popular method of investing your money anywhere in the world. The reason for this is the existence and success of easy and intuitive platforms like iuvo, where yields are higher than in traditional places where you can deposit your savings. The good news is that you can manage your investments on the platform no matter where in the world you are right now. You don’t have to do it manually because thanks to the filters that iuvo offers you can set up automatic investing, which in turn will allow you to continue your journey around the planet without having to monitor and manage your portfolio manually. You can find more about automatic investing strategies here. The iuvo customer support team is at your service and can discuss your problem on the go and in several languages. Don’t hesitate to contact us at [email protected]!

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