5 Ways To Make Extra $1,000 In The Current Financial Times.
Whether you believe the hysteria surrounding the Covid-19 or not, one thing that the period has shown is the need for an extra income source. Many families have lost their income, and many employees face a possible layoff.
To forestall these effects, everyone should consider getting a side hustle.
Normal opportunities like ride-sharing and cleaning are less in demand due to social distancing requirements. However, there are other ways to earn, including the following.
Drop-shipping
Due to Covid-19 social distancing requirements, a lot of people can’t leave the house. Most major stores are also closed or can only let-in a specific number of people at a time. So most shoppers prefer ordering online and having it shipped to them.
This is what the concept of drop-shipping is all about. However, unlike regular retailers, you won’t need to own products or a warehouse of any sort. Instead, when a customer places an order, you'll purchase the item from a third party and use the customer's details for shipping.
For instance, if someone places an order for a T-shirt on your store, you will buy from a major seller around the country or China, and then have it shipped to your customer.
To get started with drop shipping, you’ll need to build an eCommerce store using WordPress, Shopify, or use platforms like Amazon or eBay.
Become a Freelancer
Freelancing has always been one of the best ways to earn online from home. A lot of people charge hundreds of dollars offering services like web designing, copywriting, graphics designing, T-shirts, design, and translation online.
To get started, you first have to determine the service you can offer. What skills do you have? You don’t have to worry if you have no skills. You can take a course for your preferred skill onUdemy, Lynda or Skillshare.
There are several ways to offer your services online. You can set up a site using WordPress or use platforms like Fiverr.com, Upwork.com, or Freelancer.com.
Become An Online Tutor
With schools shut down for the period, parents are looking for tutors to teach their kids basic subjects like math, English, history, and science. Online tutoring platforms like VIPKid and Chegg allow you to earn from the comfort of your home teaching children.
VIPKid pays about $22 per hour and Focuses on English language for foreign kids.
Chegg pays $20 per hour and Focuses on various subjects like calculus, biology, physics, etc. There are also other online tutoring platforms, including Brainfuse, Tutor.com, Skooli, and TutorMe.
Become a Deliveryman
With most restaurants and shops closed, people are stuck with ordering food and groceries online. This makes becoming a delivery man an enticing prospect. Amazon and other major delivery companies are recruiting more staff to meet up with demand.
If you aren’t scared of contracting the Virus, then consider signing up for platforms like Uber Eats, Postmates, Instacart or Door Dash to deliver food in your spare time.
Also, lookup opportunities with local food vendors. You can earn around $20 per hour, delivering food and groceries.
Sell Your Career Expertise
Do you know you can make money from your work skills and knowledge? Depending on the skills and experience you have, you can become a coach or consultant, and newbies in the field will pay to get advice from you.
For instance, you can become a business coach and share your experience with startups and entrepreneurs for a fee.
The truth is that we could all make do with more money. Starting up a side hustle now will be beneficial to you even after the Covid-19 lockdown.