Money Matters

24 Things We Wish We’d Known Before Becoming Location Independent

Posted by Lea Woodward

Image by falsalama
Where & When To Go

1. Planning to travel through Dubai frequently with an overnight stopover? Get yourself an e-gate card and waltz straight through passport control bypassing all the horrendous queues. If you don’t plan to route through Dubai frequently, then consider booking the Marhaba meet & greet service which gives you a [...]

Image by falsalama

Where & When To Go

1. Planning to travel through Dubai frequently with an overnight stopover? Get yourself an e-gate card and waltz straight through passport control bypassing all the horrendous queues. If you don’t plan to route through Dubai frequently, then consider booking the Marhaba meet & greet service which gives you a dedicated, quicker route through immigration.

Read the rest of this entry

Categories : Business Tips, Getting There & Around, Money Matters, On Location Tips

Planning For Crises: What To Do When Your Dream Lifestyle Becomes A Nightmare, Part 2

Posted by Lea Woodward

Photo by fatboyke
The first part of this post focused on what to do if you get on the road and find you hate it. In this part we’ll look at what to do if you love your nomadic, location independent lifestyle but your money runs out and you can’t keep going…

Photo by fatboyke

The first part of this post focused on what to do if you get on the road and find you hate it. In this part we’ll look at what to do if you love your nomadic, location independent lifestyle but your money runs out and you can’t keep going…

Read the rest of this entry

Categories : Becoming A Location Independent Professional, Money Matters, On Location Tips, Ways To Make Money

Will Your Location Independent Business Idea Make You Enough Money?

Posted by Lea Woodward

Image by HKmPUA
How often does an idea for a business pop into your head but you’re just not sure whether it’d be popular or whether it would make you enough money to support a nomadic, location independent lifestyle?
Did you know that there is a tried & tested method of figuring this out - which is [...]

Image by HKmPUA

How often does an idea for a business pop into your head but you’re just not sure whether it’d be popular or whether it would make you enough money to support a nomadic, location independent lifestyle?

Did you know that there is a tried & tested method of figuring this out - which is slightly more scientific than basing your business on a gut feeling?

It’s not a fancy new tool or whizz bang online app, it’s the good old spreadsheet-based business model.

But before your eyes glaze over (as mine often do when faced with rows and rows of dullardio numbers), here’s what building a business model can tell you about your idea:

  • Whether it is ever likely to make you enough money
  • What your earnings targets are - and whether it’s realistic to be able to hit them or not
  • How much setting up & running the business is going to cost you now & in the future
  • Whether it’s worth your time, effort & financial investment in the short, medium & long term

Sound good? Here’s what you do…

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Categories : Business Tips, Money Matters, Ways To Make Money

Opening An Offshore Bank Account: Is It For You?

Posted by Lea Woodward

Photo by tao_zhyn
Another one of the most common questions we get asked is how do we manage our money. Where do we bank? Do we have an offshore account? Do we have multiple accounts worldwide?
I know some of you have been waiting for this post, so without further ado, here’s the nitty gritty…

Photo by tao_zhyn

Another one of the most common questions we get asked is how do we manage our money. Where do we bank? Do we have an offshore account? Do we have multiple accounts worldwide?

I know some of you have been waiting for this post, so without further ado, here’s the nitty gritty…

Read the rest of this entry

Categories : Money Matters