One of the biggest questions I had when we started looking in to traveling full time, was how did the people that were doing it make money. We got SO MANY different answers (and still do!) So I want to share how we finance our adventures! We have our ‘Irons in many fires' and the income doesn't come from all one place.
How We Get Paid to Travel
Writing and Social Media
So the biggest source of our income is my blog, well now blogs. TheFrugalNavyWife.com and now this one Roadschooling with The Frugal Navy Wife. I earn via ads, sponsored posts and the occasional affiliate links, such as Amazon, so I appreciate when you shop via my Amazon link! I have also started sharing ways to make money blogging.
To branch off of that I write freelance articles and sell them to other bloggers and do social media work.
I also do homeschool printables and sell them to other bloggers for their websites as well.
I have also written a few books for kindle and earn income from them each month. I also have several more books in the works.
Hubby gets some VA money from his time in the Navy, not a lot but it's a steady income.
I also do blogging and social media consulting, specializing in travel blogging. I help others turn their blog into a business and learn to make money from it. I teach them how to use and utilize social media and this can in turn, get you VA jobs (virtual assistant jobs) managing bloggers and companies social media.
We are also looking into buying bath products from Smoky Mountain Handmade Candles wholesale and selling retail, at different events, fairs, flea markets ect. This is my dad's company so I'm a bit partial when I say these candles are BETTER than Yankee Candle. But I really do think they are! Mark also works at the shops on and off when we are in FL.
As of June 2016, we have started really selling on Amazon FBA. I will do a big post on this but basically, we are buying items at a discount and reselling them on Amazon. Amazon handles storage and shipping which is great for us in the RV. July will be out first full month at it and look like we will bring in about $100 profit. Not bad for a start-up month. Keep in mind this will be close to $2,000 in sales but the $100 is just profit after all expenses for starting up and building inventory. We are taking all the earnings right now and putting it into building our inventory so it will be around the first of the year before we see any real income from it. This has also stemmed the blog Resale Mommas that also bring in income.
We also pick up odd jobs. Mark is helping out with a Fulltime Families Rally in September.
Our income varies from month to month. The only set amount is the amount that hubby gets from the VA. Then the Camperforce will be a steady income for 3 months.
How we make it work
To make this work for us we live on last months income. Any money that comes in this month goes into a holding account (a savings account) and that is what we will budget and live on next month. When we are in a place like Amazon and have a steady income we will pay our bills with our income and what is left goes into saving and we live off Mark's weekly checks and add to saving from them as well. We keep a pretty emergency fund in case we need it for something like an RV breakdown or health reason.
I want to know how you earn money on the road? I will update this post as things change and once everything levels out our approx income on the road!