Comments on: Financially Sustainable Travel: My 2013 Income https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/ Traveling full-time in a financially sustainable way Wed, 19 Jun 2024 11:22:49 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Nora Dunn https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/#comment-556181 Thu, 26 Feb 2015 17:40:35 +0000 https://www.theprofessionalhobo.com/?p=6383#comment-556181 In reply to Dean.

Dean,
Ha ha – That’s the world of freelancing!

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By: Dean https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/#comment-556099 Thu, 26 Feb 2015 15:00:27 +0000 https://www.theprofessionalhobo.com/?p=6383#comment-556099 Easy come, easy go eh?

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By: Nora Dunn https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/#comment-450657 Mon, 03 Nov 2014 17:35:33 +0000 https://www.theprofessionalhobo.com/?p=6383#comment-450657 In reply to The Guy.

Hi Guy,
Yes, without the freelance writing, my blogging income would look pretty meagre! However if it weren’t for my blog and other ways of reaching a large number of readers (such as social media), I wouldn’t be able to command the freelance rates that I do….so they go hand-in-hand very well.
My Amazon income continues to be stellar and on the rise; my best month this year has been over $700 in Amazon income! Most of it seems to be coming from a few well-placed links in very popular articles I published a few years ago….a residual income that is paying dividends for sure.
Happy monetizing! 😉

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By: The Guy https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/#comment-450625 Mon, 03 Nov 2014 17:02:35 +0000 https://www.theprofessionalhobo.com/?p=6383#comment-450625 Hey Nora,

Fascinating read and provides a very good insight.

What I draw from this is that the freelance writing is really critical to success and you’ve been very strong in this area.

With the Google algorithm change in the last year all us bloggers have seen a massive impact on the number of approaches and income from guest posts and advertising – apart form the ones looking for a free link – i.e. those who have no concept of the value of being placed in front of our audience.

I’m impressed with your affiliate sales and indeed those from amazon. This is an area I’ve traditionally been very weak on. I’m working on improving this to at least cover my annual site costs if nothing else.

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By: Nora Dunn https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/#comment-427887 Tue, 14 Oct 2014 14:47:58 +0000 https://www.theprofessionalhobo.com/?p=6383#comment-427887 In reply to Tim.

Hi Tim,
Good point about net worth, since it plays into income and expenses in that if expenses exceed income, you have net worth to rely on.
However net worth is a very different type of calculation, since it takes into account longer-term goals and financial elements such as retirement, ownership, emergency funds, debt, and other factors. As such, I don’t believe it’s applicable to the art of financially sustainable travel (hence I don’t publish my net worth, since I don’t believe it will help other travelers. Everybody’s situation is very different in that respect).

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By: Tim https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/#comment-427125 Tue, 14 Oct 2014 00:55:13 +0000 https://www.theprofessionalhobo.com/?p=6383#comment-427125 Hey Nora,
Even when we stay at home life throws us curve balls. I unexpectedly had to buy both a heat pump and air-handler $5050 and a dishwasher $550 in the same month. But I do monitor my income and expenses on a monthly basis (actually usually works out to about every 6 weeks).

What I’ve found even more useful than Income and Expenses is calculating Net worth. Of course, if you don’t have any savings/investments Income and Expenses is all that matters but once you get assets that fluctuate in value… Assets and liabilities become more important than Income and Expenses. I figure as long as my Net Worth is doing OK, income and expenses are actually inconsequential. If my net worth is falling (even if it is due to a stock market crash) I still might want to cut back on expenditures.

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By: Nora Dunn https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/#comment-417070 Wed, 01 Oct 2014 17:18:57 +0000 https://www.theprofessionalhobo.com/?p=6383#comment-417070 In reply to Rob.

Glad it’s a help, Rob! Cheers.

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By: Nora Dunn https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/#comment-417068 Wed, 01 Oct 2014 17:18:31 +0000 https://www.theprofessionalhobo.com/?p=6383#comment-417068 In reply to Michael Murray.

Hi Michael,
When I sold my business in Canada, it gave me not a lump sum, but rather a 2-year stream of income that I used to support myself in the first two years of traveling and building up my freelance writing business. I have some investments, but the income from them is reinvested for growth, so I don’t “count” it as income for the purposes of these reports.
Good questions!

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By: Nora Dunn https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/#comment-417065 Wed, 01 Oct 2014 17:16:27 +0000 https://www.theprofessionalhobo.com/?p=6383#comment-417065 In reply to Amanda Kendle.

Thanks, Amanda! What a year – whew! 🙂

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By: Rob https://www.theprofessionalhobo.com/financially-sustainable-travel-2013-income/#comment-416656 Wed, 01 Oct 2014 02:29:07 +0000 https://www.theprofessionalhobo.com/?p=6383#comment-416656 I really appreciate you laying it all out like this. It’s a help, thanks!

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