Edited and updated 7 September, 2021
We are often asked how we are earning while we travel the world. We've been on the road a little while now and I haven't yet shared our story about this. We set off with a bit of savings, and a plan to build an online business and travel blog before our savings ran out.
Selling Everything We Owned (Not A Lot)
Back in February 2020, we sold everything we owned. This consisted of: one 9 year old small SUV (which didn't sell until three months after we left) and a PURPLE 1995 Hyundai Lantra (honestly, it was the best car I've ever owned and people on Facebook Marketplace were fighting for it) ?
We sold our 2011 iMac and then it broke the day after the guy paid me, so I had to refund him. Our 2011 50" TV was awesome, but it died two months before we left. That was all our 'expensive stuff'.
We didn't own a house, or have stacks of shares or investments to sell up. It was literally our household items we put on Facebook marketplace.
So what did we sell? Everything but the kitchen sink. Beds, mattresses, some stuff we had to giveaway, other stuff we had to throw out. We sold my husbands shoes, desks, tables. You name it, we sold it. We made a few thousand from selling everything inside our home. which was awesome ?
All our savings plus everything we sold, was a total of about $20,000 AUD. Which was less than our goal of $25,000.
It was freaky as getting on a plane knowing we were going to New Zealand where yes, we spent a fair bit of our savings in only a month.
We were so lucky our first stop was the wonderful Vietnam because it is affordable here. And we are blessed to be stuck here during Covid.
We were also grateful to be able to access some extra cash when my car sold (just under $9,000) and a bit more from our Super (mine didn't have that much to begin with, so we took all of it) ✨
Now we've been abroad seven months and we still have a fair amount left. However, it's time to get serious. Travel blogging isn't cutting it (even the most successful blogs aren't making their money, so it's unreasonable for me to think I can make $5,000 a month blogging in the next 18 months)... So we needed SOMETHING, ANYTHING. FAST. And something that wasn't going to take too much time from me ⏳
I've been dabbling in Crypto and Shares for ages, but I'm just not an active trader.
A Passive Opportunity Saved Us (But I'm NOT 100% Certain it Will Last)
Edited September 2021: Please read all the way to the end of this section as this is updated content in 2021 to share what I've learned and my concerns about this particular passive opportunity.
In October, 2020, an opportunity crossed my path, and my heart exploded. An opportunity to invest a small amount (only $300 USD), and allow some pro traders to trade in the Foreign exchange market which allows me to potentially double our return over a period of months.
I was joyful to discover this because I don't have to stare at screens all day. Instead, I get to watch my balance grow and when it hits 2 x my initial investment, I get to cash out and / or deposit my earnings to grow some more.
For our family, this seemed perfect. I get to log in each day, have a little look at what's going on, and then share a bit of our story on social media. I don't have to spend a whole lot of time which makes my heart happy.
Even more exciting, is I shared this straight away and had so many people interested I made my first $45 USD on the first night I started. Now it's our regular, weekly income (regardless of whether I make sales or not).
Income disclaimer: Earnings may vary depending on the degree of effort employed. No earnings are guaranteed, and a user is not guaranteed to reach a certain reward level. Past results are not guarantees of future results.
I'm regularly sharing how we are earning while we we travel on our Instagram stories. All you need to do is check out our stories (look for $300-$100k).
Edited in September 2021 to add:
As of September 2021, this is still running. We've more than made back our initial deposit. I'm extremely grateful to this system as it fully funded us between January and May of 2021. It's also given away countless crypto to help people get started free of charge.
However there are some things I'd like to outline here because as I've become deeply involved in crypto, I realise this has a huge possibility of being a ponzi with a great front line.
Here's my update:
- I learned that 'promise to pay' programs frequently do go bust. This is probably one of the very few that has lasted beyond two years.
- I learned the longer they operate, the more people they burn.
- I've learned there are other, more transparent ways to trade and retain full control of your finances.
- There have been a few promises that I am still waiting to see eventuate. Namely:
- An audit was promised earlier this year and it still hasn't been delivered.
- Copy trading has been in testing since December 2020 and still hasn't rolled out (which was a main drawcard for me initially getting started).
- Payout times have INCREASED dramatically (previously they were roughly 2-10 business days, now frequently at 4 weeks or more - DESPITE promises that the new payment processor would reduce payout timeframes)
- Internal upgrades became available (and this was something we had been warned is a red flag for ponzi schemes because it is asking you to leave your money on the platform). This last part made me feel this could be the platform buying itself a bit of time before the final collapse. I could be wrong.
- I've also had concern about the transparency of the funds.
Amongst announcements and changes, I realised I didn't feel comfortable being 100% dependent on our Forex trading investment and started looking for a job. I began to accept that this could all disappear overnight.
I'm grateful I started looking around as I found another opportunity which further opened my eyes (I'll share more below) and at the same time, payouts when from 2-5 business days to 4-6 weeks. I then decided it wasn't something people should rely on as a sole income.
This is why I don't really talk too much about this anymore.
However, for now, it IS still paying out. Although I wouldn't recommend jumping in with a $10k starting pack, if an automated income stream is something you're after, AND if you're comfortable knowing you could potentially wake up tomorrow with no access to the website, then I am happy to chat to you and send you a join link. I can't make any promises on this. The more I have learned, the more I didn't like.
You can connect with us at https://instagram.com/worldtravelambitions
Our Passive (Low Risk) Crypto Copy Trading Income Stream
Because of my shaken belief (and non-existent savings), I was open to looking at things in the crypto space. I was also weary. I'd seen more than one 'platform' go down. I'll write a post on What to look out for in online investment platforms in the short term so you know ALL the red flags, what to look out for and how to protect yourself.
I discovered Copy Pro Traders, which is a Crypto Copy Trading software. This one lets you remain in full control of all your crypto assets. The software and the traders have zero access to your crypto stash. The only risk with this is leaving your assets on an exchange. I would consider this a low risk, however, I still wouldn't advise leaving too much on an exchange.
The plus sides on this far outweigh the Foreign Exchange trading platform. There is full transparency, it is a subscription service that you need to opt into each month (no ping ping on the credit card if you forget). You have no pressure to refer, and there is no pressure for you to come in with a high investment value. People who refer get no financial gain on the amount you trade (no commissions are paid on returns or deposit amounts).
All around, this one feels better. It also feels a lot more REAL. During the months of May, June, July and August there was very little movement in the crypto market. This was reflected in our trading returns which were dismal. In September, now things have picked up again, people are seeing the 20-40% returns once again. It's a wild ride, but I love knowing part of my crypto portfolio is working hard and over time it will grow to be able to take care of us for the long run!
The affiliate commissions from Copy Pro Traders saved our butts when our Forex trading platform stalled payments. This system allows for commissions to be withdrawn instantly. There is a lot more transparency with this and I definitely appreciate the real people involved who know a lot about the cryptocurrency industry.
You can check out a short video that explains it by clicking here
Please Note: I am an affiliate to the Copy Pro Traders software, so if you decide to subscribe I do get a benefit however there is no pressure for you to keep your subscription going if you don't like it. I will also invite you to our chat group. If you decide to pause your subscription at anytime, you are welcome to remain in the chat group - you never know when you might decide to reactivate. We did have a lot of people who let their subscriptions lapse between mid May and August, then start back up in September!
I Got a Remote Job Earning BTC Instead of Dollars
During my time of uncertainty, I applied for a remote job working in the crypto sector. It took a while for my application to process, however once I hit my first interview, things went really fast. It was a dream job for me and I accepted in June.
This job, for me, isn't a prison. Part of our mission is to help half the world exit the traditional financial system by 2030. That mission sets my heart on fire.
One of my wildest dreams since I was 18 or 19 was to work for Google. I applied once. Didn't get the job. In 2019 I had an opportunity to get a job with Google in Sydney. I spoke with a friend who worked there and asked about what it was like. My friend told me about the hours involved and I decided not to apply because my heart said it would take me away from my family too much.
My new job feels right. For me, cryptocurrency is doing amazing things for the financial sector. Right now, crypto is comparable to what the internet was like in 1996. This is the start of something much bigger than most people can see right now. So it turns out, I've manifested my big dream. I think my job is better than working for Google!!
This job also gave me the depth of knowledge and understanding that I want to provide full transparency about ALL that I know and do. This is why I don't refer people to the Forex trading platform anymore. It's also why I haven't taken down my story reel. It's an unfinished story. I want to show you what happens (even if it turns out badly).
My failures are part of my learning journey. Just as my achievements are.
There are people out there who will judge me based on MY mistakes, or my inability to spot a scam. That's just part of life in our current times. Hopefully, most of my readers may just want to see the truth. And hopefully most people will appreciate the transparency with which I share these stories.
If you've got questions, reach out. I'm here for you!