There’s no doubt that Covid-19 has had a detrimental impact on the travel and tourism sector in Asia, although it’s great to see that certain airlines in the region have found new and creative uses for their planes as international flights have been cancelled.
However, Asia appears to be at the head of the curve when it comes to reopening its borders and economies post-coronavirus, so those of you with a desire to travel and explore new parts of the world may have this opportunity in the near future.
But how can you make money when travelling through Asia? Here are some ideas to keep in mind:
1. Teach a Language (Ideally English)
English is one of the most spoken languages in the world, with an estimated 1.32 billion people frequently using this as a first or second dialect.
As a result of this, there’s an incredible demand for English teachers throughout Asia, with educational hubs in the Southeast of the region particularly keen on hiring native English speakers to impart their knowledge.
While this job isn’t always remunerated well in Asia, it’s a popular and accessible option, and one that also helps you to strike the ideal balance between working flexibility and maintaining a viable income stream.
Once hired, you’ll typically work according to the terms of a one-year contract, so it’s ideal if you want to travel and reside in Asia for an extended period of time.
2. Trade the Financial Markets
The world’s financial markets represent huge business, with entities such as the foreign exchange seeing an estimated $6.6 trillion traded globally every single day.
Make no mistake; the forex market represents an excellent way of making money in the digital age, as innovation and technological advancement has continued to break down the historical barriers to entry that once surrounded the marketplace.
More specifically, you can now use online trading platforms to access the market and trade from anywhere, while utilising detailed analytical tools and technical indicators to inform your decisions in real-time.
This also represents a passive income stream, and one that doesn’t require you to compromise on how you spend your time while travelling.
3. Get Seasonal Work
We close with one of the most traditional money making methods for travellers, which requires you to seek out seasonal work depending on the time of year that you visit!
From picking fruit for cash to working within local ski resorts and tourist camps, this option offers access to a diverse range of jobs and opportunities throughout the region.
Obviously, the demand will increase during busy tourist seasons, and while this means that there’s more jobs on offer, you’ll also have to compete with more people to secure a viable position.
So, we’d recommend that you move quickly ahead of your trip and be proactive in your attempts to get the best and most financially rewarding jobs.