{"id":6984,"date":"2015-08-10T10:00:08","date_gmt":"2015-08-10T14:00:08","guid":{"rendered":"https:\/\/www.theprofessionalhobo.com\/?p=6984"},"modified":"2024-06-19T07:21:35","modified_gmt":"2024-06-19T11:21:35","slug":"financial-case-study-tim-leffel-travel-writer-website-manager","status":"publish","type":"post","link":"https:\/\/www.theprofessionalhobo.com\/financial-case-study-tim-leffel-travel-writer-website-manager\/","title":{"rendered":"Financial Case Study: Tim Leffel, Travel Writer & Website Manager"},"content":{"rendered":"\n

Tim Leffel<\/a>, author of many books including A Better Life for Half the Price <\/em>(which is in 2nd edition as of Nov 2020 – get the e-book version (with coaching perks) here<\/a> and paperback here<\/a>) , started traveling long-term and working as a travel writer in the mid-1990s, and now bases in Mexico with his family whilst traveling each month. He has a variety of websites that he writes for, which can be found at AlCentroMedia<\/a>, the most popular of which is Cheapest Destinations<\/a>. Find out more about how Tim earns his living abroad here!<\/p>\n\n\n\n

In this series, we’ll explore the various careers of world travelers, and how they make ends meet financially while living abroad. Yes, financially sustainable full-time travel is possible! Please enjoy this financial case study – one of many to come. <\/i><\/p>\n\n\n\n

This post was originally published in 2015. It has since been updated for accuracy of links and content.<\/em>

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

Where have you lived and travelled to? <\/b><\/p>\n\n\n\n

I lived in Turkey and Korea as an English teacher<\/a> and have lived three years total in Guanajuato, Mexico. I’m not a country counter, but I’ve traveled around five continents and have been to a lot of countries multiple times because of writing assignments.

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

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

I can loosely say I’m a travel writer, but there are multiple income streams that go into that title. My main source of income is the websites I own and run, including a couple of online magazines and several blogs. I also make a significant amount from book royalties\/packages and freelance writing income.

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

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

Too many! I’m looking at selling one of my sites right now to free up a bit of time. I probably routinely work 50+ hours a week. When you love what you do though, that’s not as daunting as commuting to a cubicle. And some weeks that’s mostly travel in interesting places, doing research.

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

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

It has taken a lot of time and effort to get to this point, but last year my business crossed the six-figure mark in gross revenue. This year is looking better and my goal is to clear that amount after expenses. More than 2\/3 of that is ad revenue from sites I own\/run: direct ad revenue, then affiliate ads, then networks\/Adsense. The rest mostly from book royalties and freelance writing.

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

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

Yes indeed. I didn’t quit my “real job” until I knew I could support myself and my family doing what I wanted. (Editor’s Note: See also – Before You Quit Your Day Job<\/a>).<\/em> So I was a part-time travel writer for many years before I went pro. There’s not as much to put away as I would like, but we do own a house free and clear and have retirement and college funds that are not too embarrassingly small. Those are mostly in mutual funds and bonds. I consider my websites my main investments though as they generate income even when I’m on vacation and could be sold if needed.<\/p>\n\n\n\n

See also: Financial Planning for Travelers<\/a><\/em>

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

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

I straddle the USA and Mexico, essentially doing the same job wherever I am. I spend an average of one week a month traveling, mostly internationally. I intend to keep doing this the next few years until my daughter is off on her own. After that we’ll probably use our Mexico home as a base, but go live three months in Argentina, then three months in Hungary, then return to Mexico, then take off again. <\/p>\n\n\n\n

I don’t really see much need to think about retirement since this is a fun job and is not physically taxing. I would like to ease back on the time spent on a computer though eventually, which means probably handing off more things and easing back on how many websites I’m running and writing for.

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

Is there anything else you’d like to add? <\/b><\/p>\n\n\n\n

For anyone following this path, it’s a long patient slog, so don’t get impatient. One way around that is to lop a few years off by buying an existing blog or website. If you have a bit of capital, this can be an investment with a great return and will avoid the years of building up traffic and getting indexed well in search.<\/p>\n","protected":false},"excerpt":{"rendered":"

This financial case study is the 1st post in a new series to show you how to travel and live abroad. Meet Tim Leffel: travel writer and website manager! <\/p>\n","protected":false},"author":1,"featured_media":6985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[975],"tags":[],"class_list":["post-6984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-case-studies","resize-featured-image"],"yoast_head":"\nHow Much Does a Travel Writer and Website Manager Earn?<\/title>\n<meta name=\"description\" content=\"In this financial case study, we examine the travel-centric lifestyle and career of Tim Leffel: a travel writer and website manager.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theprofessionalhobo.com\/financial-case-study-tim-leffel-travel-writer-website-manager\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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