5 Ways I’m Preparing to be a Digital Nomad

Expat resources / Travel

https://youtu.be/ZZKnVZOGnmc

Transitioning into the digital nomad lifestyle takes preparation, courage, and a strategic mindset. After years of building my career, raising my children, and overcoming personal challenges, I’m ready to embark on this exciting new chapter of my life. Here are five specific ways I’m preparing to live as a digital nomad.

Finding Location-Independent Income Sources

One of my top priorities is ensuring I have a stable income that doesn’t tie me to one location. To achieve this, I’ve been diversifying my income streams. These include freelance writing, income from my blog and social media, rental properties, and consulting. Real estate investment has also been a significant part of my financial strategy, providing a steady flow of passive income. Additionally, I’ve been researching tax laws and treaties in different countries to make informed decisions about where I can work and live while maintaining financial efficiency. This groundwork gives me the confidence to finance my travels sustainably.

Eliminating Debt

Debt freedom is essential for me to fully enjoy the digital nomad lifestyle without financial burdens. After getting out of debt once, I faced setbacks after going through a divorce, but I’m determined to return to a debt-free life.

I’ve implemented a repayment plan to clear everything from credit cards to outstanding loans. My ultimate goal is to have all debt paid off, allowing me to travel without relying on credit cards to support my lifestyle. This step ensures that I can live comfortably and avoid unnecessary financial stress on the road.

Exploring Potential Travel Destinations

Traveling has become a way for me to explore places where I might want to live or continue my adventures. Over the past year, I’ve visited incredible destinations, such as the Dominican Republic, the United Kingdom, France, Madrid, and the U.S. Virgin Islands.

These trips have helped me gather insights on different cultures, expat-friendly locations, and the overall quality of life in these areas. When I’m unable to travel physically, I immerse myself in YouTube videos and online resources to learn about new locations. This mix of travel and virtual exploration ensures I’m prepared to find places that align with my preferences and needs.

Researching Health Care Options

For me, healthcare involves finding a blend of preventative healthcare options, emergency/travel coverage and being able to live a healthy, stress-free lifestyle. I emphasize preventive health care and self-care to minimize the need for frequent medical attention.

I’m also exploring countries with strong medical tourism offerings, where treatments, dental work, or even cosmetic procedures are more cost-effective. This approach ensures that I can prioritize my health without breaking the bank while living abroad.

Building My Faith

The foundation of my entire digital nomad preparation is my faith. As a Christian, I rely heavily on God’s guidance for every step of this journey. Strengthening my faith involves reading scripture, listening to sermons, and focusing on messages about boldness and taking daring steps into the unknown.

Faith has carried me through past transitions, and it continues to be my source of courage and resilience as I prepare to pursue this dream. I’ve even written a book, Real Estate by Faith, which shares my personal story of tackling challenges, making bold moves, and achieving success through faith. This mindset is crucial as I move forward into an unfamiliar but exciting future.

By finding location-independent income, eliminating debt, exploring destinations, planning for health care, and building my faith, I’m laying a firm foundation for this new adventure.

If you’re considering the digital nomad lifestyle, take these steps, adapt them to your own situation, and start moving toward your dreams. The road ahead may be uncertain, but with preparation and faith, it’s bound to be rewarding.

Check out some of these tools that can help you on your digital nomad journey:

Tagged:

You Might Also Like

Add A Comment