According to Small Business Trends, around 4 million Americans work from home. There are many extra income ideas that people are utilizing to make more money.
Do you want to boost your finances? Are you experiencing difficulties paying bills and sustaining your daily expenses? Falling short of funds can be overwhelming.
Working from home is underrated by many. Imagine waking up at your convenience and working within the confines of your home. Imagine not having to friction with your boss or fellow employees.
It sounds nice to work from your home because of the conveniences involved. There are many avenues that one can exploit to make money at home.
The idea of working at home is coveted by many but achieved by few. If you want to make extra income, these activities can be helpful. Read on!
1. Freelance Writing
This is the most ideal method of making money online. In freelance writing, you can do any work and earn some good money. Freelance writing involves the following
- Technical writing
- Editing and proofreading
- Writing grant applications
- Doing resumes and cover letters
- Article writing
- Content creation and curation
There are plenty of online writing jobs available that you can earn from. There are websites that you can sign up to link with clients and source jobs. Examples of such sites include Fiverr, Upwork, and iWriter.
If you have excellent writing skills, you will attract a large client base and work your way from financial distress. You can get paid either hourly or on fixed contracts depending on your output. You can work any day and anytime as long as you don’t miss on deadlines.
2. Taking Online Surveys
If you are vigilant enough, you can take online surveys and boost your wallet. Many companies and institutions prefer hiring people for online surveys because it’s cheap and reliable.
You can sign up for websites that specialize in online surveys and do as many surveys as possible. All you need is honesty and consistency. They won’t entertain it if you use conflicting info when doing surveys.
Although online surveys don’t pay as much, you can do as many as possible. The best thing with online surveys is that you don’t need any skills whatsoever. If your internet subscription is wasting away, you can look for online surveys from sites such as Swagbucks.
3. Writing and Selling eBooks
Are you a talented writer and looking forward to making money from your writing skills? This idea might be a fine one, especially if you exploit it right away. I know you are probably worrying what an eBook is right?
An eBook is a book like any other, but the difference is that it’s read online. Writing eBooks is cheap, given the fact that you don’t have to incur production costs. Many readers prefer buying books online rather than visiting the library.
With the online marketplace booming, you can become the next Shakespeare. You can write on anything you are passionate about. Having excellent marketing skills can help you get as many buyers as possible.
Novels, memoirs, success stories, adventure, and plays can make you some good money. Short eBooks such as recipes and guides can also be lucrative.
4. Start a Blog
Blogging is one of the most underrated extra income ideas. Some authority blogs can make 6-digit income in a month. If you think that you can wow online readers with content, then this should be a wakeup call.
Before getting into blogging, you need to learn how to make money online through your blog. Starting a blog is easy and can’t anything more than $20. Commercial blogs can make you lots of money if you approach blogging appropriately.
Although blogging is not a get-rich-quick idea, it might be a long-term solution to financial woes. Research on how you can make money online through blogging and things will fall in place.
5. Online Transcription
Are you talented in converting audios and videos to texts? Are you capable of putting down coherent words after listening to voice notes? If so, you have the ultimate skills for making money at home.
Some people find it hard doing such tasks and prefer hiring online. You can make as much as $40/hr by just transcribing texts. If you have editorial skills and a high typing speed, you can earn as much as there can.
You need to have stable internet and perhaps some headset. Working about 3-4 hours a day can be profitable. Instead of listening to some soft jazz all day, you can concentrate on online transcription.
6. Doing Product Testing and Online Reviews
Did you know that some online companies hire people to test their reviews? While this might be funny, it’s becoming a norm among many companies. Most of them want to establish whether the product is appropriate before getting into mass production.
These companies send products or redirect your online stores to purchase and test and write an honest review. After testing the product, it becomes yours, and you earn extra cash for doing the review. You don’t require any expertise to write a review.
If you can access such clients, you can make some good cash. Besides products, you can test software, mobile apps, or websites.
7. Become a Virtual Assistant
You can be someone’s assistant without meeting them physically. You can hook up online clients looking and become their assistants while making money through it. Becoming someone’s assistant can be tedious but works perfectly.
Many people and companies prefer virtual teams since they are easy to hire and don’t require office space. Virtual assistants can perform all types of tasks and earn lucrative amounts.
Virtual assistants perform tasks such as handling emails, writing letters, data entry, and call assistance. You can also act as a call center representative for your client. To pitch clients, visit the top freelancing sites such as Upwork.com, Fiverr.com, and freelancer.com.
Acting as virtual assistance requires utmost discipline and commitment. Some clients might opt to sign non-disclosure agreements before taking on the tasks.
8. Do Some Crafts
Making and selling crafts at home is one of the most underrated extra income ideas. There are many DIY projects that you can start at home and make a living. You need some capital and crafting skills to start.
Besides making money, these crafts are fun and a great way to pass the time. Home décor, pillows, bags, baby clothes, jewelry, and wall art are some of the simple things one can try out. Find more cool ideas for quick crafting, and you might be surprised how it turns out a success.
The stuff you make can sell on Etsy, eBay, and Amazon. Buyers love some traditional touch on crafts, and you can capitalize on that.
9. Rent Your Car
Are you at home doing nothing, right? Your car is probably wasting out without any improper usage. You can try car rental services and make something out of it. It’s not a must to join the high-end taxi services such as Uber.
You can look for leads in your locality and reach out to many car hirers. If you have more than one car, you can start a car rental business. You might incur some expenses, but the return on investment will probably be higher.
10. Online Translation and Interpretation
Are you multi-linguist? Can you speak communicate friendly in other non-native languages? If yes, you can make it a money-making opportunity.
There are many clients and immigrants all over looking for translators and interpreters. To pitch a client, you can start a simple online service by setting up a website. Clients who search for interpreters will come across your services and offer you a job.
If you don’t fancy creating your website, you can look sign up for online marketplaces. There, you can find some clients and work comfortably at home.
11. Start Online Teaching
Have you ever thought of being an online tutor? Did you know that you can tutor students online and make an income out of it? Many students out there prefer online tutoring to attending classes.
If you are a knowledgeable tutor, you can work part-time while tutoring to make extra money. For instance, if you are a mathematician, you can engage students looking for help in Math courses. When doing online tutoring, you are an individual contractor and can attract very money clients.
Some online tutors make up to $30/hr by working from home. For personalized tutoring, you can make up to $50 per hour.
In fact, I think that teaching is the best online business to start from home.
Choosing Your Extra Income Ideas
If you have been struggling financially, the above tips can help you significantly. With so much that you can do from home, you don’t have to struggle. You can look for professional advice on working from home to make it even more profitable.
When choosing the most appropriate skill for you, consider your passion and skills at hand. If you have any marketable skills, you can trade them. These extra income ideas will rescue you from financial bondage if you utilize them.
For more ideas and financial tips, be sure to start here.