There’s no place like home. When you just stop and think about it for a second, is there a place you’d rather be right now? Apart from the Bahamas, that is. In fact, the main reason we’re not at home for most of the time is due to work. Now, just imagine what life would be like if you could make money without ever leaving your home.
Wait a second… It’s the 21st century! This is totally viable. But how, you may wonder? Read the article below and find out!
Become a VA
If you ever wanted to become an entrepreneur and you have a knack for business, then becoming a Virtual Assistant (VA) sounds like your cup of tea. Although this is not exactly a managerial position or that of a business owner, it’s a good starting point for learning the ropes of the trade and acquiring some essential administrative and organizational abilities. Simply put, you’ll do everything from making travel plans to checking emails and conducting online research. You’ll work closely with global brands, both big and small, making this an ideal opportunity to gain some hands-on experience on the ins and outs of running a business. Some of the better sites include Upwork, TaskRabbit, and Zirtual.
Are you enthusiastic about writing? Are you a skilled coder? Or perhaps you are an avid designer? Whatever the case may be, use these skills to make money online by freelancing. Create an account on any online freelance platform such as Upwork or Fiverr, for instance, and become a part of the ever-expanding gig economy. Here you can find jobs related to marketing, design, copywriting, graphics, programming, etc.; you name it — it’s there! Hone your skills, become your own boss, and learn how to effectively manage your time and workflow in a flexible schedule.
Bonus Tip: After each job, your contractor will rate how well you performed. Do your best to finish each and every project in a timely manner with exceptional quality. That way, you’ll get better reviews and attract and retain more clients.
Engage in Forex Trading
Forex trading is a lucrative business. In fact, according to the Bank for International Settlements, the foreign exchange market capped an average $5.1 trillion per day. To put things into perspective, the stock market makes an average $200 billion per day, which is mere peanuts compared to Forex.
As the name suggests, Forex trading involves the exchange of global currencies; in our case — done online. Currencies shift in all directions, and with every shift, you can make money with a simple press of a button. The market is open 24 hours a day, 5 days a week, and you can access it from your very home.
All you need is a reputable trading platform. For instance, the easy-to-use and supportive Everforex trading platform offers superior technology and has better customer service compared to other platforms.
Bonus Tip: Try their demo version — it’s free and you have nothing to lose. Use it to get a better understanding of how the different spreads and leverages work. Don’t forget to have some fun in the process!
Start a Blog
If this isn’t your first time on the Internet, chances are you’ve seen this tip before — and with good reason! Running an online blog is one of the best ways to earn a hefty passive income. What’s more, it’s not even all that difficult to set it up in the first place. So, what’s the catch?
You gain income from not one, but multiple sources!
These include paid ads, affiliate marketing, selling ebooks, sponsored posts, and so on. Still, your main source of income will probably be from affiliate marketing, which is totally free and easy to do. Namely, you just have to tie in relevant affiliate links into your articles that are closely connected to your topic. For instance, say your blog deals with cooking or anything technology-related. You want to place affiliate links for cooking utensils and the latest tech gadgets, respectively. Now, when someone reading your articles clicks on these links and buys the said items, you gain a percentage of that purchase. Simple.
Some notable affiliate programs include Amazon Associates, eBay partners, and Shopify Affiliate Program.
Try Online Tutoring
Do you possess a heavily sought-after skill (knowledge of certain languages, math skills, etc.)? Are you good at instructing others? If the answer to both of these was “yes,” then I have good news for you — you should become an online tutor! If you think you have what it takes, try sites such as Tutor.com, TutorMe.com, and TutorVista.com, or simply do your own thing. Remember, practice makes perfect.
At the end of the day, it all depends on how much time and effort you’re willing to invest; the more you invest, the more you earn. It’s up to you.