Travel & Hustle – 5 Ways to make extra cash while travelling

Travel Guide

5 Ways to make extra cash while travelling

 What’s up guys and gals, welcome to the first edition of Travel & Hustle! Every week we show you different ways of how to earn some side income for your travels. And no, this is not only related to working online. It’s meant for everyone who needs a few more bucks on the side regardless of age and background.

5 Ways to make extra cash while travelling

Unless you have a remote job or get a full-time income by working online as a freelancer, you may want to keep cash flow pumping to further fund your travels. After Sri and I left our career in the hotel industry, we started working on several projects; we just didn’t want to become employees again or ask our families for money.

Here’s what we did:

1. Offering tours in Bali with a classic VW convertible

2. German and English classes

3. Spa therapist

Hell yeah! It was hard and yes, we had to sacrifice on a lot of things. Can you imagine leaving a well-paid job, the blessing of insurance, etc. for something unknown? Gosh, the feedback we got from our circle of friends and family was everything but supportive. But the lessons learned were invaluable and shaped us pretty much for the future.

Let’s switch on the Hustle-Mode – here are five ways to make extra cash while travelling:

1. Create a Meetup- Group and take admission offers great opportunities for those looking for some extra cash, especially the option of recurring income. Creating a Meetup-Group is recommended for those staying longer at one place, simply to establish a client base.

The business model is simple:

1. Create a group > 2. Offer a unique and valuable service > 3. Set fix dates (how often per week or month will you meet?) > 4. Set a price > 5. Meet up.

If you offer language training, for example, you may want to offer 1-2 free classes first. That gives people the chance to get to know you and your training style, plus you can get lots of more people onboard.

Here are some ideas: walking tours, cycle tours, historical tours, teaching languages, piano lessons.

2. Buying and re-selling stuff

Cities with a high density of expats have all kinds of Facebook groups (just search for ”city name + buy, sell, swap, used items, second hand, etc.) where people sell stuff. Whether it’s because they move to another place or back home or they just don’t like whatever they have bought, Facebook groups are great marketplaces. You can get tons of things for really low prices, plus on top, people are often ready to haggle and further drop the prices. All you have to do is buying an item and sell it at a higher price again.

Some tips:

1. Buy and sell things people need in their daily lives like mobile phones, TVs, kitchen electronics, furniture etc.

2. Look at the brand and compare the prices online before you even buy it (Amazon, Ebay, Lazada, etc.). What’s the original price / second hand price?

3. You can literally buy and sell everything.

4. Take nice photos to make it more appealing; use warm lightening or outdoor places.

You may want to wait a few days before posting the same item again on the same group. Of course, it’s easier if there are multiple similar groups.

3. Become a tour guide

Do you know a specific area very well? Any hidden restaurants? Specific food? The great thing of becoming a tour guide is that you can do it almost anywhere, starting with your own backyard (by the way, a good place to learn if you plan to travel in couple of months). Say you arrange a walking tour which lasts 2 hours, charge $10 a person and have 10 people, that’s a smooth $50 salary/hour. For something you like. Now imagine running just two tours a day. Nice, eh? Say you live in a place somewhere in Southeast Asia, you can get by with just $10-15 a day and live quite comfortable (that’s just daily expenses and doesn’t include your apartment rent). Do the math!

A few points for becoming a great travel guide:

1. Be a storyteller! That’s more or less the most important point and reason why people will book you, but more importantly, will return back and/or recommend you. Plan your tours carefully ahead and create a story around. Put in some cool and unique facts with a good portion of humor.

2. Create unique tours. Most people will know your city’s popular places and can look up information online. But how about those places where only locals eat? Perhaps abandoned places? Street art? You see, there is no limit, just be creative!

3. Don’t overthink it or say you don’t know the city well enough. You just have to know a bit more than most visitors do.

Attention: some countries require special permits for being a tour guide.

4. Use your skills and talents

Are you a professional haircutter? Mechanic? Spa therapist? Translator? Offer your services! Let your friends know, post on Facebook and prepare a hangout at your hostel. Help your hostel, home-stay or B&B with marketing or event planning. Proofread menus. Help writing CVs. Translate menu, flyers, etc. Cut hair. Repair stuff. Just. Be. Creative.

5. Teach a language

No, you don’t have to be a native English speaker, these times are loooong gone. Whether you speak decent English or fluent in another language, people and schools want you. In Thailand for example, German, French, Mandarin, Japanese and Korean are hot languages to teach. Send emails to schools and ask them if they need support, even if it’s only part-time. Look for classified ads on local websites, magazines and newspapers. Ask people around you from other expats to friends and hostel staff. Set an ad on a website describing your service, brief CV and hourly rate; post in relevant Facebook groups. You don’t have to be limited to schools only; you can offer private lesson for example or teach hotel, restaurant and hostel staff.

Last but not least a few tips:

1. Get started. Right now! Don’t start surfing around the internet, you will fall into the procrastination trap.

2. Let all people around you know that you start as a tour guide, translator, etc. You wanna have customers, or?

3. Offer value and great service. That’s how people will find you and return back.

4. Don’t expect things to be easy. It takes time and effort to create a client base, but once it’s there, you can see $$ coming in.

Until next week – and don’t forget: Keep hustlin’!

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