As a professional gay traveler, I often get asked this question, “How do you manage your finances so well?” Indeed, I’ve never had a real job (read: traditional office job), but my financial situation is better than most people who have 9-to-5 jobs. In fact, I can’t even imagine having a 9-to-5 job in the office.
The creative industry
I’ve been in the creative industry for as long as I can remember. When I was a small child, I couldn’t stop drawing, writing and dancing. Art has been a natural part of me since then.
When I was young, I didn’t have the opportunity to circumnavigate the world because my mom didn’t like traveling and my dad had a traditional job which didn’t give us the financial position to travel the world, although we were living a very decent, mainstream, middle-class life.
Then I figured that I’m a gay guy, so it wasn’t easy to meet other gay men in my local area. Now I have to travel in order to meet like-minded gay guys.
That’s why I joined the best gay travel app a while ago and started to maximize my chance of meeting interesting men that I always wanted to meet.
As I’m traveling the world, I must make a living in the creative industry on the Internet. Therefore, I have been a ghostwriter for many years. Frankly, ghostwriting is very lucrative in general.
In my opinion, ghostwriting is not only more lucrative than traditional writing, but also more creative than mainstream writing. That’s because people who can afford to hire ghostwriters are usually quite rich (e.g. Donald Trump’s entire family have had a ghostwriter for decades). Also, when I’m doing ghostwriting, I can sometimes write whatever I want without thinking of what others would say about me.
The traditional industries
Strictly speaking, I also did something in traditional industries. For instance, I sometimes teach languages (but most teachers don’t have to sit in the office for eight hours a day because teachers can leave when the class is over).
Further, I also did some translation work because that’s very flexible – I can do it no matter where I live. In a way, translation is similar to writing, but I personally don’t enjoy translation as it’s really boring – who wants to read and analyze something they don’t even care for several days?
Anyway, there is nothing wrong with relatively traditional industries. It’s just not my cup of tea. I’m an artist who isn’t a fan of rigid frames, rules and regulations.
I know some gay travelers work in traditional industries such as translation, interpretation and teaching. And it works pretty well for them because they like it.
The monthly income
Now you may wonder, “How much money should I make each month in order to become a professional gay traveler?”
Well, that’s a wonderful question. It all depends on where you want to go. As I see it, if you want to live in Eastern Europe, Asia or South America, then you only need to make $2,000 per month. Probably the average monthly salary in these places should be something like $400 per month (or less). Therefore, if you make $2,000 per month, you can live like a king in Eastern Europe.
Pros of living in Eastern Europe, Asia and South America:
- The cost of living is significantly lower, so you don’t have to work too hard and can keep more money for yourself, thereby increasing your savings.
- Local gay men in these areas look more exotic.
- You will learn more about other cultures, thereby becoming more sophisticated and worldly.
- You might learn another language which is good for your brain and your future career.
Cons of living in Eastern Europe, Asia and South America:
- The standard of living is worse; consequently, you may find it difficult to enjoy advanced amenities that you’ve always liked.
- In general, Eastern Europe is very cold; South America is very hot; Asia is very humid. Are you sure you will appreciate a different climate?
However, if you would like to live in western countries such as the United Kingdom and Australia, perhaps you need to make more money each month, e.g. $2,000-$4,000 per month.
For example, the average Australian makes about AU$4,000 per month (that is approximately US$2,765.20 according to today’s exchange rate on 27th July, 2019). So, gay travelers in Australia would be well-advised to up their money game.
Pros of living in western countries:
- The standard of living and lifestyle are excellent. Life is short, so you should savor what life has to offer!
- You don’t need to get used to a new culture if you are already from the West.
- There is no language barrier if you already speak English.
- According to my experience, there are more gay men and gay travelers in western countries in general. Hence, you are more likely to meet someone suitable and have fun.
- If you decide to get a job, your salary will be higher.
Cons of living in western countries:
- The cost of living is very high – that means you have to work harder and make more money in order to live a good life.
- The western culture is going through some kind of crisis currently – this is a culture in which the Kardashians are idols. Don’t get me wrong. I don’t have anything against the Kardashians. They are all right. I’m just saying the fact that the majority of westerners admire the Kardashians is possibly a worry.
- Up the money game
Generally, there are five key elements in a gay traveler’s money game:
- Making money;
- Saving money;
- Investing money;
- Spending money;
- Tracking and managing money.
First of all, it’s important to make money. That’s for sure. Like I said, these days many gay tourists make money on the Internet without a problem, so you can do it, too.
Second, saving money is underrated in this day and age because it doesn’t look sexy. But my question for you is, “Do you want to be sexy, or do you want to be rich?” If you want to be rich, you have to save money.
Third, investing money is something you have to do if you want your money to work for you. If you don’t know how to invest, you should begin by learning it as soon as possible. Note that it’s not easy to be a successful investor, but it can be done.
Next, spending money is also an art form. Personally, I spend money on things that I value, i.e. knowledge (books and some online programs), good food, skin-care products and exciting experiences. But I don’t spend money on things that I don’t value, i.e. I don’t even have a car.
Lastly, tracking and managing money regularly is paramount. I learned this from another gay traveler who is a money coach. He taught me how to have a money date with myself every fortnight when I get paid.
Basically, I sit down with kombucha in a wine glass and check my finances on my computer every second Saturday morning.