Instagram

  • Home
  • /
  • Emigrating
  • /
  • Escape the 9 to 5: 5 Resources to Attain Professional Freedom and Travel The World

Escape the 9 to 5: 5 Resources to Attain Professional Freedom and Travel The World

Hey there! There is a good chance that this post contains affiliate links. If you make a purchase through the links on this post, we may receive a small commission at no extra cost to you. Learn more here.

My coach does it- travels relentlessly. Well, she did travel big time pre-Covid anyway. She and her husband quit the 9-5 and now she helps others do what she did, to be able to live life on their own terms. In fact, she calls herself a full-time traveler though she is an Australian stuck in Mexico at the moment. Escape the 9-5 and travel the world full time sounds good right?

If you’re wondering why I led off talking about someone else, it’s because I believe the number one resource for designing the lifestyle you want and setting yourself up financially, is getting a coach.

So here’s the deal with me: I was laid off in May of 2020 due to the pandemic. But I already knew I had no interest in sending out resumes and getting back into another corporate job. I wanted out of the 9-5 but I wasn’t quite sure what that meant. So I began researching and it led me to creating and running a blog, specifically, it led to realizing that my lay off was a blessing and I created my cornerstone post laying everything out as I work my way through my journey after the 9-5 and escaping corporate life.

Here are my 5 suggested resources laid out for you if your goal is to escape the 9-5 and travel the world as you please, without taking vacation days, asking for time off, or endlessly looking for a way to Zoom in to the meeting.

A BLACK AND WHITE SIGN READING TRAVEL IS GOOD FOR THE SOUL, WITH A CAMERA AND A PASSPORT

Resource 1 to Escape the 9-5: Hire a Coach

Clearly, I have a strong belief in coaches. In fact I took most of March 2021 to focus on their value in my blog. If you’ve never hired one before, it may be confusing or even feel awkward but luckily, intrinsic and totally common in their industry, are discovery calls.

The discovery call gives you a chance to ask questions and basically interview the coach. Typically about 30 minutes long, these calls help you and the coach identify your needs, their capabilities and whether or not working with them is the best option for your next step towards professional freedom.

Working with a coach can get you the clarity you need, assist you in organizing your time to build a business, or keep you on track with your freedom and travel goals.

Resource 2 to Escape the Rat Race and Travel the World: Create Financial Freedom

Without a doubt, you need to be able to pay your bills, including travel costs and places to stay. And although I know there are all kinds of opportunities out there to keep these costs minimal, it wouldn’t make a whole lot of sense to just walk out of your 9-5 if you have debt and no savings account filled with cash, right?

Whether you do this on your own, with a coach or with a financial advisor, it must be thought-out. Here’s what I did and what I tell everyone I come into contact with about escaping the corporate world:

  • List your expenses.
  • Move your necessities into a separate list from your “flexible” spending.
  • Look at how much money you actually need (necessities) and how much you’d like to have (flexible) and create a monthly budget.
  • Determine how much money you have accessible (in savings or other earnings as from a “side-hustle” like a blog or selling products.
  • Ensure you have enough money to carry you up to a year without earning income, which will give you time to build an income stream.

Truly, it isn’t complicated. One of the toughest parts of this exercise is separating needs from wants and being honest with yourself on what you can do without. Covid taught many of us we may not need weekly mani-pedis or to eat out 5 nights a week. In my calculation these were “flexible” expenses.

My necessities were: health insurance, rent/mortgage, car payments/insurance, cell phone, internet service. The amazing thing about all of these things except health care coverage: they are truly flexible! In fact, I just traded in my car for a brand new one and actually lowered my payment by $100/month!

Knowing your monthly budget needs is a major step towards financial freedom. The next step is determining how you will finance your life of travel going forward.  There are definitely options like trading, working while travelling, teaching online etc but for me, it was focusing on income stream #1 to build a business. That said, my blog is my business and passive income will be the ultimate goal.

Resource 3 to Get Out of the 9 to 5: Invest in Books and Courses

My list is a little out of order to my personal path to professional freedom but here’s why: I figured out numbers one and two on this list by reading the 4-Hour Workweek by Timothy Ferriss. It’s where I got the information on honestly assessing my financial situation and laying out my skills and passions to narrow my income stream options.

Obviously, I’m recommending that book and for people that love to travel it is gold. Not only does it lay out a strategy for escaping the 9-5 but how to be nomadic within it.

As you figure out which skills you want to use going forward to earn an income as well as which passions you want to tie into that, courses (especially the free ones where you can dip your toe in the water) are an excellent way to gain insight on various approaches to business.

If you’re considering blogging for example, there are many “how to build a blog” type courses online for free. Same with “how to create a course” or “how to find your dream client” – it’s all there. But here’s the rub: you need to take action and there are lots of options.

Thus, back to resource one: invest in a coach before you invest in a course “all-in” both financially and with your time. Courses have been a lifesaver for me as I build my business online and investing in the right one or ones is absolutely vital.

Resource 4 to Escape the 9-5: Connect with People

Again, I’m going to backtrack with this resource. Once I was laid off from my corporate job, I talked to a lot of people. And guess what? All wanted the best for me, and many offered to help me with my resume or to connect me with others and so forth. But in the end, my path was:

  • A conversation with a former colleague and friend who told me about the 4-Hour Workweek book.
  • A conversation with a friend about that book who told me about his friend, who is now my coach.
  • Joining a whole lot of Facebook groups and meeting men and women out there who I can learn from, vent to, and collaborate with as I build my blog!

People are going to be one of your best resources going forward if you haven’t already found that in life. But surround yourself with those who can support you.

While many people mean well, what may be best for them may not be what you need to get to where you’re headed (another reason a coach is actually a sensible investment). Always be gracious and do what you can to share your experiences with others as you’d have them share theirs with you in order to succeed in your quest to escape the 9-5 and travel the world.

Resource 5 to Escape the Corporate World: Use Technology

This is a really big one. You’ve probably heard it a million times: you need to spend money to make money. It’s true. In order to set yourself up with a way to earn income, you will need technology whether it’s a way to collect payments, market your business online or even book calls with clients.

Make sure you do not short-change yourself. Whatever you decide to do in your next chapter, arm yourself with the technology to get you there! Make sure you don’t end up in a situation of having to spend more later because you weren’t committed from the start.

A laptop and some travel planning books on a table with a journal and cup of tea

Begin Now and Get on the Road Sooner.

Have you heard about imperfect action? I now live by it! Just get started. You don’t need a full-on business plan to take steps towards professional freedom. Set goals for yourself whether it is about taking time to organize your finances, assess your skills, research your passions, or do a discovery call.

Begin anywhere and do it now. Escaping the 9-5 and moving into a life of travel is completely possible. Like the old saying goes the best time to start something is yesterday but the second best time is NOW!

Check out these posts for more tips and information before you escape the 9-5 and travel the world:

About the Author: Daphne Reznik is the creator of the Free At 50 blog, which focuses on life after corporate, how to transition into professional freedom and resources to create income streams.  She has a diverse background having worked in state government, small business, and most recently, a large corporate entity. Her experience supporting businesses and leading a national staff training program, provided her with a skill set she is using to design a lifestyle as a blogger and to inspire others. Connect with Daphne on Facebook, Pinterest, Twitter and Instagram.

Like this post? Save it on Pinterest!

If you love this post, share it now on social media!

4 Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.