The COVID-19 pandemic has affected everyone worldwide, some more than others. Considering the fact that most people have to work from home, finances have been tough for most families. If you want to know how to make some extra cash during the pandemic, we’ve come up with 7 creative ways you can make money during these tough times.
Start a business
Most people see entrepreneurship as the best way to make lots of money. During the pandemic, many people decided it was a great time to start a business. Since they were home for the most part, they had a lot more time on their hands to work on the business. You could start a business about virtually anything you can think of, such as freelancing, photography, dropshipping, cloud kitchen, and so much more. Not sure how to start a business? Luckily, it’s not too difficult- you can do it yourself- and you don’t need tons of money to start with, either.
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Sell your stuff online
With all the time you’re spending at home, you likely have cleaned out your house a few times (hopefully). What are you supposed to do with all your clothes in your closet that still have the tags on them? Or those shoes that are too small but it’s too late to return them? Or your kids’ clothes that you bought but they grew out of before they could even wear the clothes once? Why not sell them online? Poshmark, Mercari, and Depop are among the most popular websites for selling your stuff online. It’s a great way to make some side cash and declutter, too.
Find a part-time gig
Although lots of people are out of jobs because of the pandemic, there are plenty of places that are hiring. For example, with grocery stores being considered an essential business, you can imagine how busy everyone working in grocery stores must be. If you’re in a pinch, you could apply for a job there. Or, you can check out other places like Amazon, DoorDash, Whole Foods, and more to see any part-time positions that are available.
Become a tutor online
Do you have a skill that you’d like to share? More and more people are finding tutoring to be a lucrative gig, and best of all, you don’t need to leave your own home to do it. You could easily recruit people on your own, or you could sign up for a tutoring website and advertise your services.
You can tutor people in virtually any topic you can think of, including language, math, biology, physics, programming, and writing. Be sure to check out the website’s individual requirements for any potential skills or certification that you need to possess. For example, a popular (and rather well-paying) tutoring option includes teaching English to children in China on sites like VIPKid, but Chinese law stipulates that tutors must have at least a bachelor’s degree.
Provide childcare services
Even though people are supposed to avoid contact with one another as much as possible, many families are looking for childcare services. This is especially considering the fact that many daycares, preschools, schools, and aftercare facilities have shut down or changed to hybrid models, leaving working parents with no idea what to do with their kids at home while they’re working. It’s extremely difficult to work with your kids at home, even if you are working from home. During COVID, you do have to be more cautious. For example, try not to overwhelm yourself with lots of kids at once, and be sure to monitor yourself (and the kids!) to prevent the spread of the virus.
Invest
If you’ve been on social media at all in the past year, you’ve probably seen how popular investing has become. Investing is a great way to make money. Although it does have risks, and you might not see a lot of money right away, investing is completely worth it in the long run. You can invest in the stock market, index fund, high-yield savings account, or Roth IRA as several examples.
Start blogging
Is there something you’re particularly passionate about? Do you enjoy writing? Do you want to spread your knowledge about something to the world? If so, now is a great time to start blogging! Similar to a business, it’s not difficult to get into blogging at all, and it’s not difficult to start a blog. You won’t need too much money to do it, either. You could blog about virtually any topic under the sun, from your weight loss journey to raising kids during a pandemic to how to make the perfect soup using minimal ingredients. Any of these topics are bound to have an audience, and now that you have more time on your hands, you can get writing! Blogging has turned into a very lucrative career for many people. Be sure to make use of social media to promote your blog, and once you start gaining followers, don’t forget to get into affiliate marketing to make some extra cash.
