Money Talks Series – Part 5

We know there’s a huge interest in making money online and specifically in how individuals support their full time travel with online careers.

We already told you how we make money but to further expand on the topic and to help answer some of those elusive questions with real information we have been interviewing fellow bloggers over the last few months and reporting back.  We’ve already posted 4 interviews and so make sure you check them out too.

Part 5 is all about those inspirational Goats over at Goats on the Road, one of our favourite blogs which is jam packed with real-world tips that will really enhance your travels. Enjoy!

For those who don’t already know you, please introduce yourself and your blog

Hey guys! We’re a Canadian couple who run Goats On The Road, a website all about living, travelling and working in exotic destinations, full-time. We’ve done a lot of travelling over the past 5 years and also share our stories, tips and advice from our epic travels around the world

The Goats in Indonesia, 2009

When you decided to embark on a life of long term travel, how did you financially prepare? (Did you save money at home, plan to work on the road or something else?)

We owned a home, a car and had many other possessions back in Canada. In order to save money for our first backpacking trip (13 months through SE Asia and India), we sold our home, sold our car and Nick worked extra hours at his printing press job.

After that trip, we came back to Canada for one year in order to save money for a 16 month backpacking adventure. We put ourselves on a strict at-home budget, I took on a second job and Nick worked lots of overtime.

We haven’t lived in Canada since February, 2011 and have made money on the road by Teaching English in China for a year, and from blogging.

How did you know when it was the right time to quit your job and take the plunge?

We had just come back from a typical North American one week, all-inclusive holiday in Mexico. This was Nick’s first time in a tropical destination and he was hooked! He asked me one day after an awful 12 hour shift at his job “If you could travel anywhere in the world, where would it be?” I had always wanted to travel to SE Asia, so that was my answer.

We began planning and researching about that region of the world, and started watching a popular Canadian TV show called Departures, where 3 guys in their 20’s drop everything in their lives and take off to see the world for a year.

We became determined to go on a one year trip ourselves…and in our minds, it was a no-brainer. Who wouldn’t want to take a year off from work and explore the world?!

How do you make money now?

When we first started out blogging, we read a lot of negative articles about how you can’t earn any money from being a travel blogger or freelance writer, which is completely untrue!

Our source of income at this moment is mainly from our freelance writing jobs with various newspapers and online publications. We also earn money from affiliate marketing, ambassador programs and paid advertising.

We often work with hotels, hostels, tour agencies and transportation companies. In exchange for 5+ nights’ stay at their hotel, we will write an article reviewing them on our website. The same goes for an airline or a tour that we’ve been on. Although this isn’t earning us any actual cash, we’re not having to spend any.

We are also house/pet sitters. In exchange for taking care of someone’s home and pets, we receive free accommodation. We are currently living and pet-sitting in Grenada, overlooking the ocean! Again, not a paid gig, but we’re saving thousands of dollars on accommodation costs. We are also given a car for our use.

Blogging from Holbox Island, Mexico

If you make money from your travel blog, how long did it take to monetise? And what tips do you have for aspiring bloggers to achieve the same success?

It took us 9 months to make our first dollar from the website, but it took us about 2 years to reach the point where we could live and travel solely off of income earned from our blog.

Persistence is key for sure. Many people give up after a year, or a year-and-a-half, but just keep on plugging away at it. Join Facebook groups for travellers and bloggers to share tips and advice and start networking on social media right away to build an online presence.

Most importantly though, guest post on sites that have higher stats than yours, in order to build links back to your website, which will give your blog exposure and help to move you up in Google searches.

Have you made any financial mistakes in relation to travel and if so, how did you overcome them?

Yes, we made one crucial mistake when we were backpacking the Pamir Highway in Tajikistan. We were with our guide/driver for two weeks and became good friends with him, and totally trusted him.

Let’s just say that we shouldn’t have let our guard down, as we’re 99% sure he ended up stealing $1,500 cash from us. That was a tough pill to swallow.

Teaching English in China

What are your financial goals? (To earn enough to stay on the road? To buy a house?)

Our goals are to continue being free and doing what we love. At the moment, the money we earn goes towards travelling and living abroad. We also put aside money each month for savings.

Do you have long-term financial plans in place? (Such as a pension/401K, money invested somewhere?) If not, are you concerned about your financial future?

We have our bank accounts and that’s it.

We’re absolutely not worried about our financial future because if we wanted to, we could blog until the day we die! We could also go back to teaching English if absolutely necessary. There are numerous ways to make money on the road.

We live a minimalistic lifestyle and typically travel to destinations where our dollar will go much further than if we were in Western countries.

We truly believe that everything will work out how it’s supposed to. For us, everything flows easily and simply when we’re following the path in life that we’re supposed to be on.

At the moment, we’re debt-free and care-free…and we love it!

Finally, do you have any finance related posts on your blog that you want to feature?

Yes, we have a few actually that (hopefully) your readers will find useful:

From Hobby to Career: The Complete Evolution of Our Blog

Teaching English in China: How to Save $21,000 in a Year

How We Saved $24,000 in Accommodation Costs

Thanks Guys! If any of our readers would like to appear in our Money Talks series please contact us, we’d love to hear what you’ve got to say!

Comment 1

  1. Dariece 21st June 2015

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