Digital Nomads

The Digital Nomad lifestyle, everything you need to know

Digital nomadism is steadily rising as a lifestyle. It gained popularity in 2022 as more people embraced remote work opportunities following the Covid-19 pandemic. Today, more than 60 million people embrace the digital nomad lifestyle as they fulfill their responsibilities and travel desires.

A digital nomad is a person who works remotely as they travel from one location to another. Most workspaces include coffee shops, co-working spaces, or other locations. They are location-independent work settings.

Since most of the work involves traveling, having quality comprehensive travel insurance is a wise idea. We have come up with a comprehensive guide to digital nomadism and travel insurance to ensure that you are safe while trotting the globe. Besides safeguarding your health, the insurance protects your belongings from burglary and damage. Here is everything you need to know before adopting the digital nomad lifestyle.

The Digital Nomad lifestyle

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Advantages and challenges of being a Digital Nomad

Let’s look at a few advantages that come with digital nomadism.

Flexibility and freedom

Working as a digital nomad comes with many benefits, and flexibility is one of them. The lifestyle allows you to work from anywhere across the globe. You get to choose your desired location and change it when you get bored. For instance, you could be in a hammock in Bali for two weeks and move to France at a shared working space in France the next month.

Digital nomadism gives you a chance to make the world your office. You have the freedom to choose locations that cater to your interests and preferences. If you have always wanted to explore the African plains or visit the cradle of Western civilization and democracy, Greece, you only need to plan for it and actualize it. Even better, some companies offer allowances for their digital nomad employees, making it more affordable for you to indulge in your work and travel lifestyle.

According to research, people working in their comfort spaces yield more results and productivity. This is hugely attributed to the fact that they are in a less stressful work environment without daily commutes or autonomy. You get the freedom and flexibility to create your ideal workspace as you have always imagined.

Digital Nomad

Photo by Aleh Tsikhanau on Unsplash.

Work-life balance

The 9 to 5 routine jobs can be monotonous. This may take a huge toll on your mental health. Most people in such settings lack variety and excitement, which leaves room for boredom, frustration, and depression in the extremities.

With digital nomadism, all these are a thing of the past. You can simply get out of bed and start working almost immediately. You don’t have to worry about the long commute hours or that draining physical environment.

Depending on the job at hand, you may have flexible working hours. For instance, if your job requires you to work four hours a day, you can divide the hours as you deem fit as long as you hit the targets. Others have a designated timeframe for working. Even when the job is 9 to 5, and you work from home or in the comfort of your space, it can be better than the alternative. The digital nomadism life encourages a positive work-life balance.

Nomadism lifestyle

Photo by Mike Swigunski on Unsplash.

Financial Considerations

Like every lifestyle, digital nomadism also has its downsides and challenges. Here are the two most crucial remote work challenges you must know!

Leading your life as a digital nomad requires you to consider your financial reach. Depending on the job, you may have an unstable income, which can be tough to budget for while traveling. You need to brace yourself up and develop a financial strategy, as well as diversify your income as much as possible to avoid these challenges.

Other financial planning for nomads considerations are the tax complications and obligations in your home country and abroad. Besides fulfilling them, you need to be aware of what you are getting yourself involved in. This is because no two European, African, or even Asian countries have the same taxation rules.

Before getting into any country, check their taxation rules, especially surrounding digital nomads or traveling freelancers, so that you know how much is expected from your end. You can also consult with a tax professional for expatriates to stay safe.


The costs involved in digital nomadism are slightly higher than those for a regular job. For instance, in a non-nomadic job, you probably pay rent for a house and have your car for the commute. While this may be a huge chunk of money initially, they are more affordable.

As a digital nomad, you will likely stay at a hotel or a serviced apartment. These tend to be more expensive than renting property. On the other hand, since you do not travel with your car, you may need to incur taxi costs or rent your car for some time.

Additional costs come in when you want to explore, eat out, or even visit those monuments and attractions in new countries. You must be ready for all these charges. For countries with digital nomad visas, settling in may be more affordable than those without. Having a sustainable amount of money will help you navigate your preferred destination more easily and conveniently.

Tips for embracing the Digital Nomad life

Digital nomad experiences can be fun and fulfilling, especially for those who love remote work. However, like any other lifestyle, you must brace yourself before embarking on that journey. Here are four cost-effective living tips to help you get ready before setting out. Read on!

Finding remote work opportunities

The first thing you should do is to find remote work opportunities. As mentioned above, leading the lifestyle comes with many financial considerations, some of which are huge. Even though it is tempting to get started right away, you need to strategize well.

There are many remote work opportunities across the globe that you can land. However, some take time to break even and make a good amount of money. For instance, blogging may require at least six months to take off. Vlogging on platforms like YouTube may grow faster depending on the niche and subscribers that you get.

If you do not have enough savings to live off for a few years, you shouldn’t start with digital nomadism. Take your time, and work on the job to ensure you get a stable income when that time comes. You can begin by building your client list to have work lined up before you begin the expedition. Embracing nomadic entrepreneurship will help you stay afloat financially.

If you have skills, you can start by applying for remote jobs on online platforms such as FlexJobs, We Work Remotely, and Remotive. All these will give you a great footing to earn money while you work on your digital nomadism strategy.

tech for digital nomads

Photo by Petter Lagson on Unsplash.

Selecting suitable destinations

The best destinations for nomads depend on many things. While you may prefer to travel to a particular country, the cost of living there may be too high for you at the time. This forces you to reconsider your options for more affordable countries.

The first thing you need to consider when choosing your destination is the digital nomad visa options available. Some countries have a provision for this, while others do not. A standard tourist visa will not suffice for a digital nomad, which can be tough to navigate. Find a country with the visa option.

Other aspects you must keep your eyes open to are the climate, internet, and co-working options in your desired country. Don’t forget to also check for the availability of digital nomad communities in the country you want to travel to.

Best destinations for Digital Nomads

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Financial planning and budgeting

Digital nomadism requires you to be financially prepared and present. Effective budgeting and managing nomadic finances help you stay financially stable as you move around and explore your destination country. By understanding your expenses and income, you can create a realistic budget to cover you. Remember to save as much as you can, have an emergency fund, and track all your expenses. Long-term travel budgeting will ensure your trip is smooth.

Food is an important part of our lives regardless of the time. After accommodation, it may be the next biggest expense you incur. To cut down on food expenses, you should consider cooking at home or eating locally. You can get fresh ingredients from the local markets as you explore the culture and flavors in your destination. Eating in the local restaurants is also cheaper and allows you to taste different cuisines and street foods.

Productivity and work-life balance for Nomads strategies

As a digital nomad, a good work-life balance should allow you to manage your work commitments while still enjoying personal time effectively. You must be very keen on differentiating work time and leisure time. If you must work six hours daily, ensure that you have allotted that time in your day and have the right space for this. It could be at the local coffee shop or a shared co-working space.

The rest of the time can be used to engage in activities that enhance relaxation, exercises, and other hobbies that you may come across in the new destination. Work-life balance for nomads and boundaries between work and leisure will do magic for you.


Photo by Mike Swigunski on Unsplash.

Practical Aspects of Digital Nomadism

Delving into the practical aspects of digital nomadism unveils the intricate balance between work, travel, and daily life for modern-day nomads.

Essential tech devices for Digital Nomads 

Digital nomadism is remote work but on the move. For this reason, you need to have a good laptop or tablet, depending on the kind of work that you do. Find one with a long battery life and performance.

You must also find good Wi-Fi for internet connectivity. Since you will not be situated in one place or country, it is advisable to have a portable personal travel router. It allows you to create your network and ensure you can work uninterrupted, even in areas with weak signals and challenges of internet connectivity.

Other items you will need are noise-canceling headphones, a portable charger, and a power supply for your laptop, phone, and travel routers. This gives you utter peace of mind, knowing that regardless of the location, you can deliver the required tasks as required.

Traveling the world as a Digital Nomad

Photo by Vas on Unsplash.

Accommodation and traveling tips

Some of the things you cannot afford to skimp on are accommodation, food, and transportation. Choose an affordable accommodation such as shared apartments, hostels, and Airbnb rentals. You may find cheaper hotels with essential services and amenities depending on your location. The trick is comparing all your nomad accommodation options.

When it comes to movement, most cities have reliable public transportation and shared rides that you can take advantage of. If you must move daily, consider choosing accommodation within walking distance to cut down on the financial aspect and commute time.

Health and wellness for travelers

With every other thing sorted, you need to have comprehensive coverage for your health and wellness. Traveling to a new country can be a fun expedition. However, things can quickly take a terrible turn in the event of an accident or sickness along the journey. To avoid this halt, you need health coverage.

The insurance will protect you against illness, injury, theft, and loss. Your selected option should be comprehensive to cover everything regarding the trip and your stay at the given destination. Ensure they have open communication lines for emergencies at any time, regardless of wherever you are!

Every Digital Nomad needs insurance

A digital nomad’s work revolves around traveling and exploration. You must have good travel insurance coverage, especially when traveling abroad. In some countries, you must have the coverage for ultimate safety.

At Heymondo, we understand how crucial travel insurance is and have brought you comprehensive travel insurance. Our cover provides the ultimate peace of mind during all your travels. Whether you need regular medical assistance or emergency, you can conveniently reach us through our Heymondo assistance app. It is available 24/7, regardless of your destination across the globe. With this, you get immediate medical attention from a professional medical team. Your trip doesn’t have to stop at any time!

Besides medical coverage of up to $ 10,000.000 USD, our comprehensive insurance protects your luggage from loss or theft. We know how tough it can be to get by, especially in new destinations, and we wouldn’t want you to worry about losing your laptop or work tools. Are you ready to take on that digital nomad visa and trip? Do not travel without your Heymondo travel insurance. We ensure that you have reliable coverage in the most unforeseen circumstances. Get Heymondo travel insurance today and enjoy the ultimate peace of mind. We’ve got you!

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