Updated: Jun 27
With the recent pandemic the way people work has changed. Many companies have started to allow employees to work remotely. Others provide an option for individuals to select days when they would be in the office versus days when they will work at home. Below are ideas on how you can make extra income while at home:
You can engage in tutoring students at various levels. Tutoring involves hard work and patience. It can also prove to be one of the ways of getting a stable source of income as there’s always a student who needs help with learning.
2. Freelance writing
This can provide you with money that equates to that of having a primary job. You could either start up a blog or write for clients. You can also write for a particular niche or be a generalist. If writing or learning is your passion, you are certainly going to enjoy this.
3. Content creation
This involves creating content for websites, blogs, or social media handles. To begin, you have to get a general idea on what such platforms are about and create different ways to get the needed message across. Content can be shared either using videos, pictures, graphics or text, etc. Your content is generally created for an audience and should be simple enough to understand.
4. High-yield account
Getting your money to work harder for you is a great opportunity to earn an extra source of income without exchanging your time for money (i.e. job). Qinta will provide you interest up to 10% APY with zero fees. Sign up here to gain early access.
This is a promising way to get income. The good thing about YouTube is that there is a lot of variety from which you could bench on. As long as your content is relevant and engaging, you would be able to build your audience slowly.
6. Online Mentoring
Professional mentorship is another way to earn money. However, it is limited and only made for those with proven expertise in their field. Critical is establishing that you are an expert in a particular field and the other side of the coin is getting people who are willing to pay for your mentorship.
Podcast is another way through which you can make money especially if you have clarity and confidence in your oral communication. Key assets needed are your content and basic equipment (i.e. microphone).
8. Create courses
Everyone knows a topic in-depth (especially if you’re passionate about it) compared to others. You can make money from what you know by packaging and selling it to others as an online course. Don't trivialize the knowledge you have. There are likely many people in need of it.
9. Offer expert answers
Are you an expert in your field and do you think you can provide quality answers to people's questions? Sites like PrestoExperts and JustAnswer provide opportunities for experts in different fields to make money by providing answers to different questions on the platform. All you need to do is register and provide evidence that you are qualified.
10. Selling t-shirts on RedBubble
Redbubble gives designers the opportunity to sell amazing designs online. All you have to do is upload the design on the platform and Redbubble will take care of the rest.
There are now a number of investment platforms right now and as long as you do your own due diligence, you will be able to find asset classes where you can grow your money. Be careful though as investing always entails risks.
There are many ways to earn extra income nowadays. But sometimes it’s important to focus on just one or two to ensure you successfully reap the benefits from such an opportunity to its fullest.