What motivates people to live nomadic lifestyles?

Various reasons.

As becoming a digital nomad is a challenge for most people, I'd say that many are motivated by the fact that they are no longer excited by their lives at home and want to experience different places and cultures.

Another reason might be geo-arbitrage which is a concept that means traveling to a low-cost destination in order to decrease your expenses, while making the same amount of money working remotely.

Other answers by Christopher Dodd:

• What amenities do digital nomads expect from a co-working space in a tourist location? in category Remote work
• How can I realistically reclaim 20-40 hours of free time per week to pursue my dreams and goals-that will not necessarily produce much income in the beginning years -without dramatically sacrificing life comfort or financial security? in category Productivity
• Where is the best place to live for a nomadic style IT worker? in category Software development
• I'm in a CS program at a top-10 college. When I graduate in two years, I want to travel indefinitely, while generating a decent income stream with apps and freelance work. How and where can one become a digital nomad? in category Software development
• Why is Chiang Mai so famous with expats and digital nomads? in category Travel

Other answers in the category General:

• As a digital nomad, what do you think about the idea of living frugally to achieve early retirement?
• Is becoming a digital nomad too competitive to get into right now, are there still many opportunities out there?
• How do you grow yourself?
• What is the best global mobile SIM card solution for digital nomads?
• How to not lose friendships back home while traveling long-term as a digital nomad?

Some random answers on our wiki :

• As a digital marketer, do you prefer performance-based commissions or monthly retainer? by Thibault Lemaitre in category Affiliate marketing
• Is it possible to be a "digital nomad" while living a life of luxury? Why or why not? by Adrian Ingram in category Travel
• Any hidden digital nomad destinations great for workations? by Jill Stanton in category Travel
• If you were to do affiliate marketing from scratch, what kinds of products would you pick and where would you advertise them? by Jill Stanton in category Affiliate marketing
• What are your all time favorite digital nomad books? by Jacob Laukaitis in category Books
• As a freelancer, how do you keep clients while increasing fees? by Leo Kipfelsberger in category Freelancing
• As a freelancer, do you regret doing anything for a client/ job? If you could change it, what would you have done? by Thibault Lemaitre in category Freelancing
• Is the application process for a remote working position the same as normal location-based job? by Saba Bosuener in category Remote work
• How much time do you invest into learning new things good for business and what kind of resources do you usually use? by Lukas Paskauskas in category General
• As a Digital Marketer, do you think it is more advantageous to position yourself as an all-rounder or a specialist? by Kevin Lew in category Freelancing