6 Ways to Earn Money From Home

6 Ways to Earn Money From Home alternative finance news

Over half of Americans are currently out of work due to the ongoing pandemic situation. Are you one of them?

It’s no easy feat to make it through this crisis without a reliable income. Sure, the stimulus check and unemployment boost have been helpful, but you’re likely used to having a lot more money to work with. If you’re stuck in a Covid-induced rut, don’t panic. Keep reading to learn 6 ways to earn money from home.

1. Create a Valuable Product

Have you seen anyone around your area making unique masks and selling them from home? If you’re looking to earn some extra cash, then try coming up with a valuable product that you can sell. Your product doesn’t have to be a new invention; it just needs to be something people want to buy.

2. Make a YouTube Channel

Do you have children? If so, then you’re likely worried about the back-to-school situation right now. Dozens of school districts have decided to go completely virtual, which means you’re in for another few months (or years?!) of spending all day with your kids.

As all parents know, it’s virtually impossible to try to work and take care of your kids at the same time. But, what if I told you there was a way to make an income while having fun with your kids? Don’t believe me?

You’re usually distracting your kids with YouTube videos anyway, so why not make a few yourself? After all, Ryan Kaji, a nine-year-old, has already amassed a net worth of $32 million by making fun videos with his family! All you have to do is start a YouTube channel, monetize it, and then start creating some cool content.

3. Become an Influencer

Want to make a passive side income while also enjoying free products or services? It really is possible if you become an Instagram (or social media) influencer. You’ll have to be comfortable building up a massive following if you’re hoping to be successful, though.

4. Research Remote Customer Service Opportunities

Are you looking for a more stable and consistent income? If so, then there are plenty of opportunities to make an income as an at-home customer service representative. You may be surprised to learn that major companies like Apple and Amazon routinely hire remote agents who work from the comfort of their own home. If over-the-phone service isn’t your cup of tea, then consider looking for live chat agent jobs.

5. Start Creating Content

Content is and always has been king on the internet. That’s why freelance writers have no problem earning a consistent income at home. If you’re hoping to make some money online and you’re a good writer, then consider creating content. You can either self-publish on sites like Medium, or you can craft awesome content for businesses who have blogs. Use your real-life work experience to pick a niche, and dive in! If you’re not sure where to look for clients, then consider using freelance sites like UpWork, Fivver, or Textbroker.

6. Try Drop Shipping

Have you ever dreamed of having your own e-commerce business? Right now is the perfect time to get started with drop shipping. Here’s how the dropship model works:

  • You set up an online shop
  • A customer places an order with you
  • You forward the order to a supplier
  • Your supplier ships the product to customers

With this type of model, the customer pays retail price but you will only be paying the wholesaler price. That means you get to keep a hefty profit without ever having to carry a product or deal with shipping it out. If you decide to try drop shipping, then don’t forget to account for shipping costs when you price your products.

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