Pros:
Less constraints
Being a freelancer or working remotely gives you a lot more variety to your work day, even in small ways such as being able to afford the luxury of abusing the snooze button and choosing a full English for breakfast over waking up at 7 and having a granola bar and the blackest coffee physically possible.
You’re more in the driving seat, than along for the ride.
Which is ironic, as you don’t really have to worry about making your way to work (unless you really want to)
More time
If you’re the one making the rules, you get to decide the times for work and the times for anything else you’d like to do. If you’re not the one making the rules, you still have the benefit of finishing for the day and already being home and this opens up a lot of options.
Having more time doing things you enjoy is invaluable. So feel free to catch up on your backlog of movies and TV shows that you previously didn’t have time to, as well as going to the gym and cooking dinner for yourself or your family.
Freedom
In the case of people who are their own boss, they can choose their own working hours. But even for those who aren’t self-employed but living the digital nomad lifestyle, there exists the freedom to work from wherever they want.
This allows people to visit the places they always dreamed of without it eating into their holiday allowances and be able to experience what it is like to work in a different country in their culture. From joining a video conference from a ramen bar in Japan to completing your final proposal in an Alpine lodge, the possibilities are as endless as your imagination…and what flights are still running!
Choice of device and operating system
A lot of the time when working in an office, your hardware will be provided to you and more often than not, what you get is what you get. When you travel around to work, you’ll likely be using your own device which means you can have the perfect experience for you.
You could be typical and do video production on a MacBook in an upcycled coffee shop, travel the Lake District in a campervan whilst doing web design on a Linux ultrabook or pen your latest blog post on a Windows desktop in an Airbnb.
When it comes to the choices given to you with this style of working, the world is your oyster
Cons
Cost variability (depending on your style)
If your desire to work whilst seeking adventure extends only as far as your home office or cafe of choice, this doesn’t particularly apply to you. But for those of you who want to explore uncharted territory and head to the horizon, keyboard in hand – it’s not going to be cheap!
If you decide to head out in a campervan and hit the road for a true digital nomad lifestyle, there are conversion costs associated with equipping your vehicle with suitable facilities for power, storage and a place to work and sleep. Not only this, but petrol isn’t cheap either!
These costs are greatly magnified if you are wanting to catch flights to other countries or even continents, as not only is it expensive to get to many other places but with so many different economies at play and different costs of living, you may find it difficult to not only keep yourself afloat but also pay for all the activities you plan to do whilst you’re there.
This level of managing a budget can be scary on its own, but with the risk of potentially being stranded in foreign lands you need to make sure you have backups in place and you can support yourself effectively!
Loneliness
If you plan on heading off to pastures new to work in, if you don’t know anyone there or have anyone else coming with you (which will be more unlikely if you have a family and strong roots at home) it might be quite a lonely experience.
You might meet people of similar backgrounds and new people wherever it is you go, but it might prove difficult to hold onto relationships and friendships in such a non-fixed way of living
Less stability
As most digital nomads usually work for themselves, either as freelancers or contractors, it may be hard to organise your own workload, get the work done and maintain existing clients if that will be the case for you.
If you are employed by a company and allowed to work remotely, this is more stable than finding work for yourself, but it is easy to lose track of your obligations and workload. Communication can easily go by the wayside if you are not careful!