We all want to wake up to credit alerts, take a shower, and again more alerts. There are several ways you can make money without having to work 8-10 hours every day. Making money from the comfort of your bed has been made easy by technology and the internet. I will show you how to have a job and also earn on the side. It is called passive income, where you earn daily without much effort. The amount you earn daily depends on the passive job you do. For some, money made doing these jobs is used as an additional income to their salaries. While for others, the money earned is what they are dependent on for a living.
Here are 15 ways you can make money from home:
Affiliate marketing – selling products or services for other brands is one way to make money online. All you have to do is be the middle man. Sell products to customers and get a commission from the total revenue generated. This method works better when you use affiliate networks like Clickbank, Amazon Associates, Rakuten, etc.
Cryptocurrency trading. In 2020, 2% of the world population became billionaires through cryptocurrency trading during the lockdown period. Cryptocurrency is the next big thing in the online industry. People are now trading goods and services for cryptocurrencies. You earn by buying a currency and then selling it when its price has doubled or at least increased far beyond what you purchased it. But be careful; there are online scammers where cryptocurrency is concerned. So use the right crypto vendors.
Start a blog– this is one effective way of earning passively. It demands that you put more effort into it and be consistent. But it gets simpler as time goes by. You earn from blogs by making content, gaining viewers. Ensure your contents reach a large audience. The more views and popularity your blog gets, the more money you make.
Sell an online course – Think about what you're good at and then teach and make it into a course. Learn how to teach and explain things to people, and you're good to go. You can upload your courses on several platforms to earn you money. Examples of platforms you can sell your courses on are Udemy, YouTube. Once you have improved those courses using other courses for ideas, you can begin marketing them.
Take surveys – do you know you can take surveys from the comfort of your home and get paid for every survey taken?. Although this method doesn't pay as much as some others, it is excellent support for your salary. Some companies or brands need surveys on their products to know and understand customers' wants and needs. So they pay to hear you say your opinion on their products.
Become a copywriter– copywriting is one job that can never be scarce. Sales companies want sales copies, and fashion places want fashion copies. So copywriters are in high demand. You should take a copywriting course to edge over other copywriters because the competition rate is high.
Work as a freelance transcriber– this is pretty easy to do, mainly if you use transcribing tools. You listen to audio and transcribe it to written words.
Become a drop-shipper – drop-shipping requires you to communicate with the seller and the buyer. You act as the middle man. You can do Dropshipping on sites like eBay, Amazon Associates, and so on.
Be a content creator – content creators still are in popular demand. Create content to generate traffic for a product and earn a commission. You would have to partner with a brand and have an agreement. Create unique content, gather your audience and sell. Being a content creator is a great way to earn while working from home. It pays adequate money. This is why you might not need an extra job as a content creator.
Create a youtube channel – you can start by doing how-to videos. Earning YouTube is not as easy as people make it seem. It needs a lot of effort and knowledge to be easily carried out. You can either teach a course or create educational and enlightening content. You also need to generate a lot of traffic and have over 1000 subscribers to earn.
Become a programmer or web developer – To be a programmer, you would have to take several programming courses. Programming or web development is a tedious skill. To be a good programmer, you need to be passionate about it, and you should have a deep interest in it. It's best to do this full-time as it is time demanding. At first, programming might seem like a hard thing to do, but it gets more straightforward and easy to comprehend with time. The significant advantage of programming and web designing is, they have high returns. An average programmer earns more than a content creator. Another advantage is that you don't have to struggle in traffic, hurry to the office at any time. You can easily do this while munching on cookies and taking tea in your house.
Be a virtual assistant– it seems weird to have a boss you have never seen, right? If you're well organized and can handle records and mails properly, you should think about being a virtual assistant. A virtual assistant is more like a regular office assistant, and only they work online. You should have a sound and well-coordinated agreement with your boss and get paid according to your arrangement.
Be a freelance writer – you can work as a writer. Write articles, Resumes, cover letters, books and get paid. For this, there are several apps and sites you can get clients from. Sone of which are;
« Upwork
« Fiverr
« Freelancer.com
« Scribesbay
14. Invest– investments are very underrated. Here are some ways to invest your money to get a good return on investment (ROI):
«Cryptocurrency investment. For this type o investment, you need some knowledge of cryptocurrency and coins before investing in them. To get profit from investing, you need to invest in coins that can become valuable cryptocurrencies. Or you invest in a valuable coin in hopes that its price increases in the nearest future.
« Real estate investment- real estate investment is an effortless way of making money. You would have to search for a legal real estate agent or manager, invest in a building or land and then earn yearly ROI from it. In real estate investment, you do not have to do daily checkups on it. Invest, relax and let your money work for you.
« Stock market investment- you have to do proper research on this. Know what stock to invest in and what to steer clear of. Stock investment can yield short-term returns and also long-term returns. It depends on how patient you are.
15. Social media manager– social media management can be done by literally anyone with a smartphone. To be a social media manager, you have to be socially savvy. You should know about 90% of social media apps and have the technical know-how. You should also be ready to work at any time. Have also in mind that as the social media manager, you represent the brand online. Do not use unacceptable languages. One primary requirement of a social media manager is to market a product or service and attend to online customers. Every social media is a customer service representative.
Now we've established 15 different ways you can make money from the comfort of your home. There are few disadvantages to staying home and earning. They are:
Lack of connection with people and teamwork.
There might be significant distractions from family and neighbors
The house might not be work suited
Isolation and social awkwardness might occur if one is mostly indoors.
Lack of motivation and sense of duty
Lack of passion and working only for the money might arise if one persists in working from home.
Lack of proper office tools and guides.
Lack of adequate monitoring of performance
This leads to difficulty in separating work time and home time
Causes significant difficulty in solving complex problems
There are also several significant advantages of making money on the side from home;
It's primarily inexpensive to start, as in most cases, you only need a smartphone.
It generates high income with low effort.
It leads you to entrepreneurship path
It helps you work alone and makes you independent
It is highly flexible
It makes you readily available to family
It gives you more time to pursue other things you want to
It can be a fallback plan; if there is a job loss or unavailability of a job.
Allows for less human interaction
It helps you acquire several skills and technical experiences.
Please do not hesitate to ask or say in the comment section if you have any questions or comments.