COVID-19 has had a strong impact on our way of life, as well as the employment situation of many. With money running low and the economic uncertainty on the horizon, thousands of people have started looking into ways they can reliably make money from home.
If you are looking to get started, check out these 7 smart ways you can start making money from the comfort of your home. You can then decide which methods are easier for you to implement to start boosting your earnings.
1. Sell Stock Photos
I you have some experience taking pictures, selling stock photos could be a great way to earn money remotely. Just take pictures of beautiful landscapes, popular items & situations and upload them to stock image websites like Shutterstock or Stocksy. You’ll then be able to earn royalties every time someone uses your images.
2. Become a Freelancer
Have a skill you can monetise? Sign up to a freelancer website like Fiverr, create yourself a profile and browse small jobs that can earn you quick cash. You could do some copywriting, graphic design or even voice over work. Once you have a track record you can start contacting companies you’re interested in to see if they have any freelance roles available.
3. Start an Online Side Hustle
There are many ways you can start a small money making business online. This could involve selling products on Amazon that you buy for cheaper (commonly referred to as ‘dropshipping’). Or you could start a secondhand online store and start to Marie Kondon your flat to find clothes, jewelry and other items you could get a good price for.
4. Try Investing
You can earn a lot of money quickly with trading & investing. But be careful where you put your money as you can also lose a lot… While it is probably tempting to play on the stock market, if you don;t have any experience you might want to look into more diversified savings accounts (Nutmeg is a good place to start) so you can have peace of mind while earning a good return.
5. Affiliate Marketing
If you have a popular social media account, blog or website, you could make some good money signing up to affiliate programs and recommending products that you like. you can start with Amazon Affiliates but there are many other programs depending on the type of content you usually share.
6. Become an Online Tutor
Online tutoring has surged recently, partially due to the coronavirus pandemic. If you’re a whizz at maths, science or languages, you could offer lessons to kids via video call on Zoom. You could also teach other skills such as yoga, pilates or cooking but there tends to be more competition in this area.
7. Online Surveys
These are one of the easiest ways to make money from home. With many surveys paying between £1-£20, you could devote a few hours each day and make some extra cash quickly if you fill them quickly enough. Some surveys also allow you to earn rewards and bonuses in addition to cash prizes.
Now you know about 7 surefire ways you can make money from home in 2020. This should help you identify the best options for your situation and skills, so you can get started and increase your monthly pay checks right away. You can also download the Emma app and add your bank accounts to start saving on your monthly expenses. Now go get that money!