Has the Coronavirus pandemic impacted your income? You are not alone. According to a survey conducted in the U.S., one out of three people lost about 10% – 25% of their income during the pandemic. Fortunately, you can start a side hustle to supplement your finances, thanks mainly to the digital revolution. It's now easier for people to begin their own businesses and earn money from the comfort of their homes. While there are limitless ways to gain extra cash, here are the top four at-home money-making tips you may want to try right away.
1. Drop-shipping
Drop-shipping is one of the easiest money-making strategies you could try at home. Basically, it's a form of retail business where the seller does not need to have a physical inventory. It involves a customer ordering a product, and you buying it from a third party who then ships it straight to the consumer. The good thing about owning a drop-shipping business is that you don't need a physical store to keep your products or manage your inventory. According to International Living, drop-shipping business owners may not have to make bulk purchases and sell more before making profits. Partner with online retail giants like Amazon and eBay and start a drop-shipping business. You can also consider selling bitcoin if you’re a crypto enthusiast.
2. Life coaching
Are you a great thinker who has a deeper understanding of life and how best to live it? Become a life coach and use your thought-provoking and inspirational messages to help others achieve their personal development and professional goals. A lot of people are experiencing their rockiest moments in the coronavirus pandemic. Therefore, you may want to use your life-coaching skills to touch lives positively and make some money alongside. Life coaches help people overcome their fears, set goals, and instil can-do mindsets in those who are going through stressful conditions. You can use online life-coaching resources to train yourself professionally and start connecting with your clients.
3. Take freelance work on Fiverr and Upwork
Upwork and Fiverr are two of the most popular freelancing websites you can join for free and bid for work if you have a specialized skill. Upwork is a worldwide freelancing platform for clients and freelancers to connect and collaborate on some paid tasks like writing, web development, graphic design, etc. Typically, Upwork charges 5-20% commission for each completed project, and if you work more, you can earn more money. Fiverr is also a cool freelancing website for people with digital skills like animation design, writing, and web design. Beginners may make around $5 per task on Fiverr.
4. Start a blog
Starting a blog during COVID-19 is a smart way to share your knowledge and skills with the rest of the world while offering your viewers a glimpse of your personal life. Your blogging income source could come from sponsored posts, advertising, product reviews, and even more. However, it may take some time to pick up, so you will need to be patient. When you choose profitable niches like finance, fashion, beauty, and sports, you will enjoy your blogging experience and make money. With web hosting companies like Bluehost, starting your own blog shouldn't cost you more than $2.95 per month.
