Although restrictions are starting to ease, and a sense of normalcy is returning, the Coronavirus pandemic has left many people at home stuck with bills piling up and expenses increasing. Many more have been left unemployed. You may be considering certain methods to earn some extra income and improve your financial success, but you’re in doubt of finding legit cash-generating ventures. Well, worry no more. We have put together five ways to earn extra money from the solace of your home during (and after) the COVID-19 pandemic.
Do note that these are legitimate opportunities in which you need to put in your extra time and work, which will in turn give you an additional income source to spend and invest. Let’s jump right into how to make extra money during the pandemic!
1. Flip Unwanted Items Online
The easiest way in which you can make some extra cash is to sell the things in your home that you do not use anymore online through Amazon, eBay, Facebook, or other sites. You can sell items like old books, shoes, bags, body products, or you can be creative and make homemade scented candles, crafts, knitting products and create your own small business. Below is a list of websites you can use to sell products online:
- Amazon
- eBay
- Facebook / Instagram
- Craigslist
- Gazelle
- Decluttr
- Swappa
2. Rent Out Your Property
If you’re living in a busy city and have a spare room or a driveway space, you can earn some extra cash by renting them out. There are many students, digital nomads, and travelers who would love to rent a room. You can check out the going rates in your local area and charge accordingly, but do take precautions against the flu and COVID.
If additional space for parking is needed in your area, check the current rates and rent out your driveway space. You can use the websites Your Parking Space or Just Park to find people looking for a parking space.
3. Freelance Copywriting or Editing
If you’ve got the talent to write content that people want to read, then you can try out offering your services as a freelancer, and maybe it can turn into a full-time job. As more people are reading content online now than ever before, the opportunity for creating copy is sky-high. You can use a freelance website to set up your offering and gigs and earn an income. Some freelance websites you can use are:
- Upwork
- Fiverr
- Freelancer
- Toptal
4. Transcribe Audio
One of the most popular online jobs you can do at home is transcribing. It involves transcribing live or recorded audio/video files for businesses, the legal industry, and so on. Many businesses pay around $20 for starters per audio hour and with possibilities of increase. Due to the demand for online video content, transcription services are surging right now. You can use websites such as Transcribe Me or GoTranscript to get started in transcribing.
5. Tutoring
Due to schools being shut down because of COVID-19, many kids and parents have turned to online education. With a rising demand for online tutoring, you can offer your services in English, maths, science, art, music, or any area of education you have experience. You can also create your own course of expertise, whether in video editing, productivity, banking, and so on.
Ready To Make Some Money?
These are tried and tested income-generating ways you can start right now to earn money and gain financial success. In addition to the above, you could invest in being a Wealltheo™ Consultant. Or, if you’d like to learn how to avoid bank fees, more about online banking, bank accounts, and much more, you can check out our banking courses to enhance your knowledge.