The emergence of the COVID-19 pandemic has shattered the lives of many. With it, people lost their jobs and sources of livelihood. Confined to their homes, one can’t help but feel trapped, helpless, and anxious. As the bills keep piling, we are constantly faced with the threat of coping with the over-cumbering stress of dealing with it all.
However, despite the way things are, you can still earn a decent amount of money from your home. In today’s article, we give you five essential ways to acquire money after the lockdown.
1. Online Tutoring and Coaching
There are many vacancies in the educational sector due to the lockdown of schools and educational institutions worldwide. High demand for capable individuals is required to fill in the roles of teachers and lecturers.
Furthermore, many parents will seek the help of trained professionals to tutor their children after the lockdown. Online tutoring is a lucrative opportunity, and one of the many ways to make money from your hobby at home.
All you require is a stable Wi-Fi connection and a webcam to host video sessions on zoom. Online platforms and freelance sites are great ways of getting into the job market and making decent money.
2. Proofreading
Do you enjoy spending time reading novels? If your grammar is impeccable or merely functional, consider pursuing a career in proofreading. Many publishers are willing to pay top dollar on edits simply because they don’t have the time to run through corrections. On average, you can earn up to $15 per hour and more, depending on your employment.
A good internet connection and a word processor/editor are all you need to get started in the comfort of your home.
3. Blogging
With the rise of Instagram, celebrities, influencers, and YouTubers, making a living on the internet is quite a popular trend. Even with entry-level skills, you too can start earning money from your website.
Blogging entails running your domain and writing exciting content to drive traffic and convert them into followers. Advertisement systems such as Google AdSense pay bloggers a decent amount of following daily passive income. Blogs ranging from 5,000 to 30,000 views a day can easily make up to $20 – $120, or more.
You can increase your income using affiliate links from programs such as Amazon affiliates, and earn commissions by advertising their products on your site. This passive income field is quite sustaining; the overall estimates of affiliate market revenue are bound to shoot up to $8.2 billion in the coming two years.
4. Rent Your Car
With all that’s happening right now, driving is the last thing on your mind. Instead, you can consider leasing out your car to workers and healthcare practitioners who require a vehicle. You can easily post your vehicle online and have people reach out to you from the comfort of your home.
If that’s not enough, you can decide to lend your vehicle as an Uber and get paid daily. For this, you will need to have the required paperwork, such as PSV insurance, license, car check-up diagnostics, and road testing certifications.
5. Playing Video Games
For some, the years of playing World of Warcraft are finally beginning to pay off. The emergence of lockdown protocols has brought about a superb opportunity to lounge around and pass the time gaming.
Nowadays, video games have turned into a multi-billion franchise with the development of E-sports and grand tournaments. Games like Fortnite, PUBG, Overwatch, and Call of Duty warzone, to name a few are topping the charts in popular online games. To get started, all you would need is a
- Fast internet connection with low ping
- Screen recording software
- A microphone
- Headphones
- Console or gaming pc.
Set up a Twitch and YouTube account and frequently post your gaming content. As you progress in numbers, more and more followers begin to subscribe to your channel and will even donate money. YouTube analytics is an excellent way to keep track of your traffic. Similar to blogs, the more views you get, the more you can earn passively.
In Summary
While the coronavirus has placed an enormous standstill in everyone’s lives, you can still support yourself and earn money. Our five tips will equip you with the knowledge to help you to make money on the side after lockdown.