Its one of the most common questions around today. How can I make money from home? As job losses mount up due to the pandemic and many people are just looking for a better way to balance life and work, all over the country workers are looking for something better.
There has never been a better time to work from home either, with fast, affordable broadband and powerful laptops and computers, even a small desk at home can fit all the technology you need. But wanting to work from home is one thing, how do you do it? The good news is that there are options for everyone. Here are 4 ideas to help you make money from home.
1. Remote Working
Perhaps the simplest way to start making money from home is remote working. For many of us, our jobs do not require us to be in the office all day, and as Covid-19 has shown, many businesses can operate just as efficiently, and often even more so, with remote working.
You can either ask your manager about remote working or look for a similar job with that option available. For those just looking to balance work and life better, this is ideal as it means you keep your current career but gain flexibility in your work schedule to fit with family needs.
2. Freelancing
One step away from remote working is freelancing. Instead of working for one business as an employee, you sell your skills to numerous businesses or clients on a per job basis. This kind of home working has thrived in the last decade, with sites like Freelancer.com, where freelancers looking for work can connect with those needing jobs completed, having a user base in the millions.
Freelancing does rely on you having a marketable skill, but you probably do. Everything from writing to design, accountancy, translation, computer programming and hundreds of other jobs are in demand right now. You can start a completely new career doing this full-time or try it out as a side job from home and build up that way. In this respect, the flexibility and ease of entry to try it out make freelancing the perfect way to make money from home. If you have a computer and a skill, you are up and running.
3. Get Creative!
If your skills lie more in the creative field, or you want to turn your hobby into a business, you have options too. Sites like Etsy, eBay and more allow you to sell your creations to people all over the world for very little investment. Whether you make hand crafted items for the home, soft toys for children or anything else, there is a market for quality, unique products.
This is another that can start out as a side job, and if you work hard become your main income, however running a business can take up time, so remember that when starting out.
4. Ecommerce
If you can’t make things yourself, you can still benefit from online sales. Hundreds of thousands of people are making money every day through their stores on eBay and Amazon, or through their own sites on Shopify and others, selling products of every kind. The premise is simple, source an in-demand product cheaply, usually in bulk, sell on at a profit.
It sounds simple, but there are some things to remember. Firstly, this kind of business needs some investment to get started. You need to buy stock, and you need to have somewhere to store it. Finding stock is itself a challenge, while you can make a living from almost anything, sites such as Alibaba.com are a great source. Import from China yourself through these easy to use sites and sell on for profit at home. Not the easiest way to make money from home, but it is a proven approach.
There are other options too, providing lessons as a tutor, monetizing a social media channel such as YouTube, Twitch, Instagram and so on, but every option has one key thing in common. All require dedication and hard work. Some people have the impression that working from home to make money is not really working, when the reality is that the opposite is true. You really need to want to do it to put the time and effort in, but the rewards can be great. Not just financially, but by having the flexibility to never miss your child’s school play, have more time with loved ones, less stress and just a better life balance in general. Whatever you choose, you can be a success making money from home, it just takes effort.
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