So, how do I make money?
By far, one of the most common questions I’ve been asked over the course of my 1.5 years journey on Instagram. It’s been nearly 3 years now travelling, and I really don’t like giving random people in my inbox detailed responses about my personal life – after all, you don’t just walk up to someone on the road you don’t know and say, what do you do for a living, dude?
Because I wanted to share that information in the right way, in the right place. And this is it. The first part of this article focuses on how I personally make money. The second focuses on my lifestyle and spending habits that enable me to travel.
My Income Stream
To understand how I make money, you need to understand my academic background. I finished my undergraduate degree in Economics from Loughborough University in 2014, where I scored the highest marks in the entire course, consistently for three years. I then pursued an M.Sc. in Economics from Warwick University, where I obtained a distinction.
So basically, I’m a super super nerd. And I teach people what I know for my own enjoyment, and most of my income. I started tutoring younger students in the last year of my B.Sc. and knew that I could make a business out of it. I had this intimate connection with the subject matter which I could also translate to other students and make them understand things very easily.
For me, tutoring was something that came naturally and I never considered it to be an actual career option. But over the course of my M.Sc. and afterwards, I have been consistently tutoring university students online. It brings me both an income and internal fulfillment, because there was no way I would sustain an activity for that long, if I didn’t actually like it.
How It Works
So how do I go about online tutoring, and more importantly how do I find students? Well, this involved a lot of effort on my own part in the beginning. And no I can’t sit and share my whole marketing strategy with you for free. But yes I do find them manually as well as through different online agencies. I literally just opened up 50 tabs in google and send my resume and cover letter to anyone that was remotely relevant.
And this may sound appealing – making money on your laptop through what you know, and living the lifestyle that you want. But before you try and jump into the idea of something, you need to ask yourself some questions: Why am I doing this? Is it something that I actually enjoy? Would I even do it for free? If you’re answer to the last two is yes, then you’re in a good position.
Because for me, tutoring was never something I decided to take up just so I could make money from my laptop. It was something I did anyway because I genuinely loved my subject and loved to share it with other people, and watch them succeed as a result. It just so happened I could do it well and so I could work remotely.
Apart from online tutoring, I also take up freelance writing and photography work as and when I find that. I find additional work through websites like freelancer.com and peopleperhour.com. As of yet, I do not make a significant money through blogging or social media. I have started to do small brand collaborations here or there, but it’s not something I see as bein