{"id":11426,"date":"2018-02-19T10:00:41","date_gmt":"2018-02-19T15:00:41","guid":{"rendered":"https:\/\/www.theprofessionalhobo.com\/?p=11426"},"modified":"2024-06-18T07:36:17","modified_gmt":"2024-06-18T11:36:17","slug":"financial-case-study-joanne-amos-wandering-wordsmith","status":"publish","type":"post","link":"https:\/\/www.theprofessionalhobo.com\/financial-case-study-joanne-amos-wandering-wordsmith\/","title":{"rendered":"Financial Case Study: Joanne Amos, Wandering Wordsmith"},"content":{"rendered":"\n

Joanne Amos is a travel writer, travel blogger and digital nomad from the UK, who packed up her home and set off on an open-ended adventure in January 2015. She\u2019s been on the road ever since. An art and archaeology graduate, she loves cultural adventures, immersing herself in nature and wildlife, learning foreign languages<\/a>, and sampling local food and wine. Jo supports her lifestyle with her travel copywriting business, The Wandering Wordsmith<\/a>, she blogs about her adventures on her travel blog, The Road to Wanderland<\/a>, and has a bit of an Instagram<\/a> obsession. Learn more about Jo’s lifestyle and income here, as she shares some very honest observations about this lifestyle (for better and worse).<\/em><\/p>\n\n\n

\n
\"Financial<\/figure>\n<\/div>\n\n\n

This post was originally published in 2018. It has since been updated for accuracy of links and content. <\/em>

<\/p>\n\n\n\n

How long have you been living\/working on the road, and where have you travelled? <\/b><\/p>\n\n\n\n

I\u2019m just coming to the end of my third year travelling and working online. I set off on my nomad adventures in January 2015, shortly after my 40th birthday.<\/p>\n\n\n\n

I\u2019d flirted with a travel lifestyle before \u2013 first on a seven-month stint as an island manager for a holiday company on the tiny, unspoilt island Greek island of Tilos, and then on a 14-month working holiday in New Zealand followed by a two-month jaunt around Southeast Asia. But it wasn\u2019t until I joined Location Rebel<\/a> in 2013 that I figured out to build and run my own location independent<\/a> business. It took a further two years before I was ready to take that business on the road.<\/p>\n\n\n\n

I\u2019ve mostly bounced around Europe these last three years, living in Spain, Portugal, Germany, Belgium, Malta, Cyprus, Greece, Slovenia, Italy, Croatia, and passing through other countries including France, Bulgaria, Sweden<\/a> and Israel.

<\/p>\n\n\n\n

Describe what you do for income.<\/b><\/p>\n\n\n\n

I\u2019m currently running two businesses that are closely intertwined. My main business is The Wandering Wordsmith. I started by writing SEO articles, then outsourced my SEO work while I moved on to blog posts and copywriting. This carried me through my first year as a nomad, but it was only paying the bills \u2013 I wanted a business that fits my travel lifestyle and that I love working on. I set out on this path because I wanted to pursue my passions for travel writing and photography, so I switched my focus to providing specialist travel writing, travel copywriting, and proofreading and editing services.<\/p>\n\n\n\n

In my second year on the road I also set up my travel blog, The Road to Wanderland. At the moment, it\u2019s a bit of a passion project and a way to show off my travel writing and photography skills. But I\u2019m building it up, slowly, slowly, and aiming to start monetizing it properly next year (I made my first few pounds on it this year!). (See also: Want to Make Money Blogging? Start Here!<\/a>)<\/i>

<\/p>\n\n\n\n

How many hours do you work a week on average? <\/b><\/p>\n\n\n\n

This really varies (and I don\u2019t track it as well as I should). I aim to work about four or five hours a day on client projects, five days a week. But I spend longer than that hammering away on my Mac doing admin, marketing, etc. (especially since I\u2019ve changed my focus, so have been building up a new client base). Then there\u2019s the time I spend writing blog posts for my websites, sorting and editing photos, working my way through business courses and books\u2026<\/p>\n\n\n\n

I\u2019m a terrible perfectionist so it can take me ages to write a blog post for my websites. Plus I can get caught up working for hours on tiny details on my sites that nobody probably notices apart from myself! I have been doing a lot of work behind the scenes this year, though \u2013 I\u2019m hoping it will really start to pay off next year!

<\/p>\n\n\n\n

How much money do you make? <\/b><\/p>\n\n\n\n

Again this varies. Since I\u2019ve been travelling my best month has been around \u00a33,000 and my worst just under \u00a31,000.<\/p>\n\n\n\n

My first year on the road was my best year financially, but I didn\u2019t have the balance right. I generally stayed in places for a month, which sounds a lot but it isn\u2019t when you\u2019re working full-time. As soon as I finished my client work, I ran out to explore as much of my new home as I could. By the end of the year, I\u2019d had a brilliant adventure, had seen loads, and done OK for money, but I hadn\u2019t done anything to grow my business and I\u2019d hardly given myself any time to relax \u2013 I felt like I had to make the most of every second. Which can get tiring. (See also: Travel Fatigue<\/a>)<\/em><\/p>\n\n\n\n

In my second year I slowed down \u2013 I now spend between two and six months in a place, with a few shorter trips in between. However, money inevitably trailed off, as I hadn\u2019t worked on my business, at the same time as I took a step back to work on my travel blog and market for a different clientele. So I ended up working more hours, but doing less client work and therefore earning less money.<\/p>\n\n\n\n

I dedicated chucks of time in 2017 to working on my business and things are heading in the right direction again. I had a couple of great jobs in November and December, which were my most successful months of the year.

<\/p>\n\n\n\n

Do you make enough money to support your lifestyle? <\/b><\/p>\n\n\n\n

Yes and no. I\u2019ve ticked along happily enough these last few years. However, my drop in income coincided with the disastrous Brexit referendum, so I took an additional hit thanks to currency woes \u2013 I earn GBP but generally spend Euros so my average rent went up c. \u00a3150 a month overnight and everyday spends instantly became about 20% more expensive.<\/p>\n\n\n\n

I didn\u2019t adapt well to the change. I\u2019d finally started on my dream of travel writing<\/a> and blogging, and I didn\u2019t want to stop, even though it wasn\u2019t yet bringing in any money. So I stubbornly ploughed on and ended up building a bit of debt on my credit cards.<\/p>\n\n\n\n

Housesitting<\/a> has been my saviour this year, and I\u2019ve also negotiated a few cheaper mid-term rents (for stays of c.3\u20136 months). But I still find that I\u2019m partly choosing my next location based on what I can afford rather than where I really want to go. So I guess you could say I can just about support my current lifestyle, but I\u2019m working on building my businesses and raising my income so I can support a better lifestyle!

<\/p>\n\n\n\n

What do you like the most about your career and lifestyle? <\/b><\/p>\n\n\n\n

I love the freedom and flexibility! I love being able to run my business from anywhere I have a stable internet connection, so I have the freedom to travel and work wherever I like. Although I do work some long days, especially as I\u2019m in a building and developing phase of my business, I can still down tools and head out for a walk and will always find something new to see, do and explore. Travel has always been the thing that feeds me, and I\u2019m so much happier when I\u2019m exploring somewhere different, meeting new people and learning about different lifestyles.<\/p>\n\n\n\n

I love the creativity of my work \u2013 writing about travel, learning and improving my travel photography. I get a buzz when I\u2019ve written something I\u2019m proud of and sent it out into the world to hopefully inspire others to pack their bags and hit the road. (See also: The Ultimate Packing List<\/a>)<\/em><\/p>\n\n\n\n

Finally, I\u2019m learning a lot about myself. Travel can spring some challenges on you and teach you to look at things in a different light. I\u2019ve been doing a lot of personal development, especially in the last couple of years, and I\u2019ve gained a much deeper understanding of who I am, and who I want to be. It\u2019s a lifetime\u2019s work but I love the process (even though it can be difficult at times).

<\/p>\n\n\n\n

What are some of the challenges you have with this career and lifestyle? <\/b><\/p>\n\n\n\n

There are definitely some challenges with this lifestyle \u2013 it\u2019s not all sunsets, hammocks and working on the beach! (See also: Brace Yourself: Travel Isn’t all Roses and Lollipops<\/a>)<\/i><\/p>\n\n\n\n

I think my biggest challenges are based around my work. I don\u2019t come from a corporate background and I can struggle with some of the practical elements of running my own business. Essentially, I\u2019m not really motivated by money; I\u2019m driven by experiences. But experiences don\u2019t pay the bills, so I\u2019ve been doing a lot of work on money mindset this year (this<\/a> is an excellent book).<\/p>\n\n\n\n

Motivation and productivity can also be a challenge, as can finding a good work-life balance<\/a>. This is especially difficult now that I\u2019m working on building up my travel blog, which isn\u2019t yet bringing in much money but is something I adore working on.<\/p>\n\n\n\n

Building relationships on the road is a tricky one too, especially romantic relationships \u2013 I had a couple of disastrous attempts in my first year as a nomad! (Nora’s Note: Amen Sister! Here are my own Sordid Attempts at Finding Love on the Road<\/a>)<\/i>

<\/p>\n\n\n\n

What is your vision for the future of your lifestyle on the road? <\/b><\/p>\n\n\n\n

My ideal lifestyle would be to have a home base somewhere in Europe and spend roughly half my life on the road and half at home \u2013 that\u2019s always been my goal. I love my travel lifestyle, but I miss having a base to return to. A study of my own, a local community of friends\u2026 I think having a stable routine is better for your physical health and your business \u2013 you can work for dedicated periods of time and free up more time to travel.<\/p>\n\n\n\n

I can\u2019t afford that right now and my drive to travel beats my desire to settle<\/a>. So for now, I\u2019m staying in places longer to give myself time to meet people and work on my projects.<\/p>\n\n\n\n

I\u2019m also itching to travel outside of Europe again \u2013 back to Southeast Asia and over to Central and South America are top of my list. However, I want my business and my finances to be a bit more stable before I do (and if I\u2019m being honest with myself, I think part of me is searching for my home base in Europe first\u2026).<\/p>\n\n\n\n

In terms of my business, I\u2019m working on monetizing my blog, getting published in some renowned travel publications, developing some passive income streams to free up more time to travel, and building up my following (I\u2019m not the best at self promotion!).

<\/p>\n\n\n\n

Any advice for the aspiring traveller about living and working on the road, and managing your finances? <\/b><\/p>\n\n\n\n

I definitely recommend having a decent pot of savings before setting off in case of emergencies. I had a small pot of savings and was still in the process of building my business, so I\u2019ve stressed about money a few times over these first few years.
(See also: Financial Planning for Travelers<\/a>)<\/em><\/p>\n\n\n\n

Having said that, I don\u2019t regret setting off when I did \u2013 circumstances were right, the house I was renting in the UK had come to the end of its lease and I was ready to try the lifestyle. Building your business on the road is definitely tricky though (especially with the constant pull to explore!). (Nora’s Note: I agree! This is why I recommend having your business foundations in place before you start to travel – do as we say, not as we do!)<\/i><\/p>\n\n\n\n

In terms of travel, I recommend travelling slowly<\/a> otherwise you can burn out really quickly. Experiment to find the right work-life balance for you (which varies from person to person), and get started with housesitting ASAP \u2013 it\u2019s amazing! (See also: How to Get Free Accommodation Around the World<\/a>)<\/i>

<\/p>\n\n\n\n

Anything to add? <\/b><\/p>\n\n\n\n

Find your tribe! Travelling alone can be lonely, especially when you\u2019re also building your business, so having a good support network is crucial. I belong to a female business academy with a group of incredible female entrepreneurs and from that I\u2019ve set up an awesome mastermind of four women who are all at a similar stage of our businesses. We meet online fortnightly, support each other, hold each other accountable, set goals, give each other feedback and constructive advice, challenge each other \u2013 it certainly helps me to progress.<\/p>\n\n\n\n

I\u2019m also part of a secret Facebook group of travel bloggers where we knock around ideas and give each other feedback. And I try to focus on being proactive in a few Facebook groups of digital nomads, travel bloggers, writers, and female entrepreneurs. Being able to bounce ideas off people in similar businesses\/situations and reach out for support and advice is so valuable, as long as you ensure you don\u2019t fall into a social media black hole!<\/p>\n","protected":false},"excerpt":{"rendered":"

Joanne Amos is a Wandering Wordsmith who has been running two interrelated businesses while traveling the world full-time for the last three years. 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