It doesn’t matter whether you’re a freelancer or working full time – it’s never a bad idea to be money savvy and to explore additional income streams. Thanks to the digital age, there is now an influx of money-making opportunities available online. Often, all you need is a laptop and a trusty Internet connection to get the job done.
Love the sound of this but not sure where to start looking? Here are 5 ways to supplement your income from home.
1. Consider Freelance Copywriting
Freelance copywriting is one of the most popular ways to make money online. The good news is; you don’t need to be a professional journalist in order to qualify for the job. If you’re an expert on a specific industry or topic, and you can express your words eloquently, then copywriting is an opportunity to consider. Many companies and agencies are often on the lookout for copywriters for varying purposes. Some need people to contribute content for company websites and blogs, whereas others need it for marketing and promotional means. Develop a portfolio of sample articles and start pitching yourself out, leveraging any existing networks or contacts you may have.
2. Try Forex Trading
Are you good with money and often follow international markets? Forex trading is a feasible option to consider. As the markets are open 24 hours a day, 5 days a week, forex trading offers incredible flexibility (especially if you have a full time job). Simply come home and trade in the evenings. Online trading platforms today also make forex trading very simple for users, providing access to trading tools, analytical resources, educational material and even 24-hour support so that you can ask any questions along the way. It’s a versatile and convenient way to boost your income from home.
3. Join Online Surveys
The thought of getting paid for your opinion sounds too good to be true, but the fact is, such opportunities do exist! There are many market research companies out there who are always on the scout for people to share their thoughts and opinions over a specific product, brand or campaign. They then reveal the results to the companies that have hired them to do the research. The process can take place via face-to-face focus groups or online surveys. Sign up to a couple and try it out. If leaving your house isn’t feasible, simply opt in for online tests and surveys that are targeted to you.
4. Offer Your Services To Online Marketplaces
Online marketplaces like Airtasker and Fiverr have becoming increasingly popular, both for people seeking extra income and for those who are keen to outsource jobs. Simply browse through available work by filtering location and keywords that match your skills. For example, if you’re a graphic designer or a pro at Photoshop, you can offer website and logo design services on these platforms – there’s bound to be someone who’s looking to outsource that job to you and compensate you accordingly.
5. Sell Your Goods
Selling old or unused items and clothing online is nothing new, but still a decent way to make an extra buck or two. Take this approach further and sell unique goods that you make. For example, if you’re a crafty person, why not set up shop on Etsy and sell your handmade items online? Now you can enjoy your hobby and make some money off of it. Similarly, if you love to bake, consider selling your pastries and baked goods to local cafes.
Supplementing your income from home is easier than you think. The key is to identify your strengths and get creative. However, if you do have a full time job or a lot of existing commitments, it’s important to plan ahead of time and prioritise.