1. Get rid of unnecessary expenses.
Paying for things that don’t greatly impact your life is never ideal. That’s why you need to get rid of all the expenses that you won’t need living as a digital nomad. Things like gym memberships, subscriptions, and debt are all expenses that’ll bog you down on the road. And if you’re a freelancer, they’ll be even more of a burden because you might experience some periods of inconsistent income. Getting rid of these expenses and paying off debt will allow you to fully focus on your work and travels.
2. Make sure you have income you can rely on for months in advance.
Whatever lifestyle you pursue, it’s always smart to have safety net. You never know when an emergency will arise. This rings especially true when you’re a digital nomad because you’re mostly own your own. You can’t find solace in a warm, comfortable home or family, and if you’re freelancer, you don’t have the luxury of a consistent paycheck. To widen your safety net, you should sell any unnecessary belongings, move the essentials into a storage unit, sell or rent your house, and save as much money as possible.
3. Get travel health insurance.
Traveling can give you some of the best experiences in your life, but it not always a blissful, perpetual highlight reel. It’s still real life. You’ll get sick, have emergencies and accidents, and need regular checkups. You also need immunizations to enter certain parts of the world. Your health should be your number one priority during your travels, so make sure you buy a solid health insurance plan that’s valid in all the places you visit.
4. Set yourself up for financial success.
Ample funds are the key to successful travel. American credit cards will usually charge you a fee if you use it abroad, so ask your bank for an international credit card. You should also sign up for credit monitoring services that’ll alert you if anyone tries to steal your identity.
5. If you travel internationally, unlock your phone.
Most countries have different cell phone carriers, so if you want to bounce from country to country, you need to call your current carrier and ask them to unlock your phone. You’ll be able to use your phone in any country because you can put a different sim card in your phone from each international carrier you use.
Once you square these things away, it’s time to start your new life on the road. But actually living life as a digital nomad is an entirely different ballgame than preparing to be one.
