Want to work as a digital nomad? Money tips to help you budget properly
From housing costs to living like a local, follow these digital nomad budgeting tips to get on the path to a full-time travel lifestyle
Pre-pandemic, remote work was almost unheard of. Today, among employees whose work can be done from home in the US, roughly one in three fully work from home.
The Pew Research Centre reports another 43 per cent work from home some of the time, like with a hybrid schedule, while 25 per cent rarely or never work from home. This is largely because employers have started calling employees back into the office for a certain number of days.
For remote workers, the digital nomad life can be appealing. A world of travel opens up when you are not tied to an office.
James Royal, principal writer at financial advising company Bankrate, works remotely and recently relocated to Geneva, Switzerland, for his wife’s new job.
“It’s just my wife and I, since we have no kids – which makes the decision so much simpler to make,” he says. “We made the decision fairly quickly, without significant reservations.”
For some, though, the cost might be an obstacle. Here we share five money-saving tips to help you travel frugally while working remotely.