17 Passive Income Streams for Travelers

Many dream of traveling the world, but one question often arises: “How can I afford it?” The good news is that with the Internet and…

Many dream of traveling the world, but one question often arises: “How can I afford it?” The good news is that with the Internet and some savvy planning, you can create income streams that earn money even when you’re out exploring.

Here are some passive income ideas perfect for travelers. They’re simple, doable, and can help fund your adventures.

*This post may contain affiliate links. Please read our disclosure policy for more info.

1. Affiliate Marketing

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Image Credit: shutter2u/DepositPhotos.

Through affiliate marketing, you become a problem-solver for others. When you share a product you love with your friends, and they buy it, companies will pay you a thank-you fee—that’s affiliate marketing. You can recommend travel gear, books, or services, and when people purchase using your link, you make money.

2. Dividend Stocks

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Image Credit: Depositphotos.

Investing in a dividend stock is like getting a slice of a company’s profit. By owning dividend stocks, you earn money regularly based on the company’s performance. You don’t have to do anything after your initial investment—just watch your money grow as you explore new destinations.

3. Real Estate Crowdfunding

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Image Credit: puhhha/Depositphotos.

You can become a real estate investor through crowdfunding and earn passive income without a huge capital. Crowdfunding websites connect you with others to invest in properties together. Pool your resources, own a piece of the pie, and watch your money grow. This way, you can diversify your portfolio and join the real estate game, no matter your budget.

4. Selling Digital Products

Photo Credit: The Wayward Home

Selling digital products capitalizes on your knowledge and skills, turning them into a continuous revenue stream. You can create and sell travel guides, planners, or eBooks online. Each sale adds money to your bank account, and your customers can download the product instantly, leaving you free to enjoy your travels.

5. Print on Demand

Partner with a printing company to create and sell custom T-shirts, mugs, or bags. You design, they print and ship, and you earn a profit. It’s a great way to showcase your creativity and generate extra income.

6. High-Yield Savings Accounts

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Image Credit: Depositphotos.

Keep your money in a bank that pays you more. High-yield savings accounts offer better interest rates, so your money grows while you’re off traveling. Savings accounts are an easy and secure way to earn passive income with minimal risk.

7. Peer-to-Peer Lending

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Image Credit: Depositphotos.

Lend your money to others through online platforms; they pay you back with interest. It’s a win-win: You make money, and someone gets the help they need. Peer-to-peer lending can often offer higher returns than traditional savings accounts or CDs.

8. Stock Photography

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Image Credit: ArturVerhovetskiy/DepositPhotos.

Sell your beautiful travel photos online. Websites will pay you whenever someone licenses your photo, turning your hobby into a profitable venture. Your unique perspective as a traveler can make your photos highly desirable.

9. Online Courses

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Create and sell access to courses in areas of your expertise. Every new sign-up brings in money, assisting others in learning new skills and enriching their lives. Sharing knowledge is also a rewarding way to engage with a community interested in your travel insights.

10. Dropshipping

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Image Credit: AntonioGuillemF/DepositPhotos.

Run an online store where the supplier ships products directly to the customer upon order. You act as the middleman, profiting without handling the inventory. Dropshipping is a scalable business model that can grow with your travels.

11. Blogging

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Image Credit: Depositphotos.

Write about your travels and share your stories through a blog. As your blog gains popularity, monetize through advertisements and sponsored content. Maintaining consistent, high-quality posts can be the key to turning your blog into a profitable venture.

12. Podcasting

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Image Credit: Depositphotos.

Talk about what you love and record it on a podcast. Share stories, interviews, or advice, and as your listeners grow, so can your income through sponsors. Plus, podcasting is a fun way to learn new things and make friends with people worldwide. It’s also an excellent way to build a personal brand while traveling.

13. YouTube Channel

Make YouTube videos about your trips. Build an audience that loves to watch what you do. Run ads, and as your views increase, so does your income. Video content allows for dynamic story-telling and engagement, making it popular amongst digital nomads.

14. Rental Income

Got a place back home? Rent it out while you wander. Websites make it easy to manage from anywhere, and you get regular rent checks. Your property can work for you through rental income, providing financial security back home.

15. Software as a Service (SaaS)

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Software as a Service, or SaaS, involves creating a web tool or software people find value in and are willing to subscribe to. It could be anything from a travel planning app to a language learning game. With a subscription-based model, users pay a monthly fee, leading to a consistent increase in your income.

16. Stock Trading

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When executed correctly, trading in stocks and ETFs can provide substantial passive income. Many online trading platforms allow travelers to trade at their convenience. Understanding the risks involved and having in-depth knowledge of the trading world is crucial, but once you’re proficient, it can be a high-reward form of passive income.

17. Licensing Original Designs

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Image Credit: ArturVerkhovetskiy/DepositPhotos.

Create unique designs and license them on platforms with businesses and creators looking for high-quality images or artwork. Instead of selling each photo once (like stock photography), you earn royalties every time someone uses your licensed work.

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Image Credit: Depositphotos.

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Photo Credit: Sierra Eberly

 

iguring out just how to make money on the road is difficult for anyone wanting to start living the van life. In fact, it’s one of the top questions I get on my site!

Luckily, there are many ways to make money from a van, whether you dig computer work or want something a little more hands-on.

In this post, we’ll go over all the ways you can make money on the road.

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