The Best Ways To Make Money While Quarantined
If you’re like most people, you’ve been finding yourself with lots of free time on your hands right now. You might’ve lost your job due to COVID-19 or you could just be temporarily quarantining. Either way, you’re probably looking for a few ways to put some extra cash in your pocket! Luckily, being quarantined or furloughed doesn’t mean that you can’t still make money. You just need to turn what others might view as a set back into an opportunity.
This is our list of the best ways to make money while quarantined.
Investing is one of the quickest ways to create money. Simply put, you use your money to buy stocks (or other assets) based on an educated guess that those assets will go up in value. Don’t use your rent money to start investing but if you have a little extra cash sitting around investing is a great way to turn it into even more cash.
Find remote, gig, or online work
There are hundreds of ways to earn more money online based on your talents. Here are just a few:
Steady - Find remote/gig work in your area. Even though some of these gigs may also be shut down due to the pandemic other businesses may be in a hiring frenzy
Wyzant - Get paid to tutor people online in a variety of subjects. These services are going to take off since everyone is at home with nothing to do. VipKid is another site that lets you teach English online to young kids for about $10 per 30-minute lesson ($20 per hour).
Start a business or side hustle
If you have an entrepreneurial spirit, there has never been a better time to start a new business!
Shopify - Create an online eCommerce store in seconds and sell your product to anyone with an internet connection.
Amazon FBA - Sell your products without the hassle of storing and shipping. Instead, let Amazon handle that for you!
Create a blog or website for your business - Creating a website is probably much easier than you think. This is a good time to spend a few hours building a website that will turn into an asset for you down the road.
Build your social media presence and get paid - Depending on the size of your social media following, companies will pay good money if you promote their products. Don’t be discouraged if you don’t have a million followers, you can make good money even if you only have 1,000./
We hope that you’ve found this article valuable in learning a few ways to make money while quarantined! If you’re interested in reading more just subscribe below to get alerted of new articles as we post them.