Dealing with finances can be tough, and we’ve all felt the pinch at one time or another. Perhaps you find yourself struggling after the Christmas season each year, or maybe large, unexpected costs like broken appliances or your car needing repairs catch you off guard. Sometimes, having access to just a little extra money can make life so much easier- and these days it’s actually very simple to do this. The accessibility of the internet means earning some spare pocket money or even working from home full time is very possible. But how can you go about it? Here are some ideas.
Set Up an Online Business
Online marketplaces mean that anyone with a passion or interest can set up their own online shop- eBay, Etsy and Amazon are all examples. You can start selling immediately without needing expensive website designers, hosting costs, a marketing team or anything else for that matter. You could buy items from a wholesaler and then sell them on for a profit, or alternatively you could make your own. If you have a craft or hobby that you’re good at this, could be a great way to monetise your skill. And because it’s something you enjoy, it won’t feel like work!
Work as a Freelancer
Freelance work is great as it gives you flexibility. You can start by signing up to a freelancing website and doing a short test to get accepted. From there, you can then choose the projects you want to do, and while each piece will have a deadline it’s up to you how many you take on. You’re not contracted to a minimum or maximum amount so you have full control of your workflow. In most cases, for things like writing or design work you don’t need any special equipment to get started, just a laptop and plenty of imagination. So there are no major costs to get started. Another option would be to write and monetise a blog. This works well with freelance writing, as when you’re having a slow week or month with blogging opportunities, you can take on more freelance work.
Try Trading
There are a couple of different trading options you could try,. Binary trading takes advantage of short-term market changes/fluctuations that allow you to make a profit. Commodities include oil, precious metals, electricity, natural gas and much more. Platforms like think or swim are worth looking into for this. You could trade on the stock market, or even with cryptocurrency. Just make sure to do your research here, you need to know what you’re doing and what all of the risks are before taking the plunge. But for some people, trading these kinds of things online can be a great way to earn money.
Answer Surveys
There are lots of websites online which offer this. You don’t have to have any special skills to do this and all you have to do is give your opinion. You can login whenever you want, or when you get an email inviting you to take a survey and then do the ones that are available. Sure, it’s wont make you a millionaire, but it’s a simple way to bulk out your bank balance each month.
