The pandemic last year hit many of us hard for many different reasons. There are many people around the world who have lost jobs, been put on furlough, or have had to close down their small businesses during the time where people had to stay at home.
One of the important things to try and do during these difficult times is find new ways to make money for yourself and to support your loved ones. There are many methods for making some extra money at home whether it be via a hobby or setting up a passive stream – and here we have some ideas for you to try today.
One of the first things you can try to do this year is sell some artwork. Whether you are a dab hand with a paintbrush, delicate with a pencil, or you take amazing photographs – people will pay to have these framed in their homes as decoration. Set up your own Facebook page or an Etsy site and it will allow you to sell your work to people and make some extra money doing something you enjoy.
Create a YouTube channel
One of the most lucrative and wide ways to make money in the modern world is to start a YouTube channel and share content with the world. When you create a YouTube channel you are able to share any type of content you want from makeup tutorials to crime stories and more. You can choose whatever subject you love and share it with the world. The great thing about YouTube is that you are able to put your video out there into the world and over time you’ll start to make passive income as people view it. It is a useful way to make money but can also become a great hobby for you to destress and enjoy.
If you are looking for a more investment focused way to make money, trading currency is a great idea. The forex market has been the most lucrative market in the world for years and recently cryptocurrencies such as Polkadot (DOT) and Bitcoin have been introduced which are growing rapidly in popularity over time. Take the chance this year to start trading on the forex market and see what a difference it can make to your income over the years.
Take on freelance jobs
If you have a specific skill that you want to share with the world, one helpful way to make some money this year is to join a network such as Upwork and look at signing up for freelance jobs posted by others on the site. This can be a great way to make money at your own pace when you have some free time and it will ensure that you get some income when you need it most and you won’t be tied into doing work every day if you don’t have the time.
Consider some of these methods of making money this year for your loved ones and start to invest for you family’s future.