If you’re looking to make more money long-term and from home, it’s easier and more accessible than before. There are fantastic opportunities for entrepreneurs.
Making extra money or having a ‘side hustle’ and being more financially secure has never been easier despite the cost of living crisis. Thankfully, there are hundreds of creative ways to make money on the side to supplement what you already have. Whether it’s starting your own business or working part-time. Here are some reasons why you should be finding a side job.
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Can you work two jobs at the same time?
It’s definitely possible to work two jobs at the same time! Working multiple jobs online has completely changed the working game. What may have seemed like a dream several years ago is now a reality for millions of people. No longer do we have to leave home and spend time commuting, to work that extra job. Many people even work two jobs at the same time – Just be careful of possible burnout.
Working two jobs at the same time can be challenging, but it’s an option for people who need to increase their income, gain new skills, or pay off debt. Successfully managing two jobs requires discipline, dedication, hard work, and a strong support system. Prioritizing your tasks, managing your time effectively, making sacrifices and taking good care of your health and well-being will help with working two jobs successfully.
Should I save or spend my money?
Everyone is in a different situation when money is involved. What the last two years have shown, is that nothing is secure. It’s important to strike a balance between saving and spending your money. While saving can provide important safety and stability, spending can help bring joy and support the economy. The key is to find a balance that works for your current financial situation and long-term goals. Remember, there’s no right or wrong way to manage your money – it’s all about finding a healthy balance that works for you. Happy saving (and spending)!
Do freelancers need an emergency fund?
Freelancers need an emergency fund. The benefits of having financial stability and peace of mind can far outweigh any initial investment in building your emergency fund. Though it may take time to build up your emergency fund, it’s a crucial step in securing your financial future as a freelancer. Remember, planning for the unexpected is a responsible and proactive way to ensure that you can continue to thrive and succeed in your work as a freelancer.
How secure is a 9–5 Job?
In 2020, Millions of people lost their jobs or were depending on state/government funding due to losing their jobs due to the Covid-19 pandemic. Some people say that COVID was a wake-up call for something worse to happen over for people to take more control over their lives. Finding an extra stream of income is a responsible thing to do.
Job security in a 9-5 job depends on several factors, including the stability of the company, the employee’s skill set, and the current economic situation and industry trends. Maintaining excellent work ethics and creating a positive work environment is also essential to job security. While no job is 100% secure, employees can improve their job security through continuous development of skills, creating a structured savings plan for joblessness, networking, and strategizing for emergencies.
As the job market evolves, it’s more crucial than ever to stay ahead of industry trends and adapt to new technologies. If you can do this well, then you have a better chance of maintaining job security, no matter what type of job you do. Remember, job security is not guaranteed, but by taking steps to increase it, you improve your chances of surviving and thriving in your 9-5 job.
Having multiple sources of income can help you become more self-reliant. It can also help you break free of the financial chains holding you down. With that independence, many people feel healthier, have peace of mind, and take more risks. Best of all – leaving the 9–5 job can allow for you to live the life that you want to live.
Do what you love, finding a side job doesn’t need to be hard
Finding a side job doesn’t have to be hard. By reflecting on your passions and skills, researching the market, starting small, using your network, and staying motivated and focused, you can find a side job that aligns with your interests and can provide a source of income. Remember, doing what you love can be fulfilling and profitable. Don’t be afraid to explore different options and take risks. In the end, you’ll be glad you did.
Different ways to make money online
There are so many opportunities for people who want to work and make money online. Many industries are transitioning into online work as I’m writing this. Side work will keep popping up and it’s important to grab this opportunity by the horns and keep an eye open on what is happening in this online space.
#1. Freelancing Online
Office life is undergoing a transformation. Businesses are extending their workforces by hiring record numbers of freelancers. Freelancers are working remotely from home, abroad, and in Coffee shops.
Cloud-based platforms are making it easier for companies to find the people they need from a global talent pool. Build your online reputation and find clients with the following sites:
Upwork
Upwork offers a great marketplace for selling just about any professional service. All you need to do is be able to provide a high-quality service for a price you feel your skills are worth.
With Upwork, you can find clients or they can find you. The businesses that hire freelancers range from massive incorporations to small startups. There is truly something for everyone.
Due to the nature of business on Upwork, you will more than likely be competing with other freelancers. If you specialise in a certain niche and become the best, you will succeed in winning more contracts. Showcasing your skills in a strong portfolio and profile is also very important.
Fiverr
Fiverr takes its name from the $5 asking price attached to all the tasks. Fortunately, this is no longer the case, sellers can charge much more. This 35-year-old dad made $1.5 million off a simple Fiverr side hustle.
PeoplePerHour
PPH is an online community of freelance talent that help companies/individual people outsource specific projects to remote workers when needed. It’s very similar to Upwork, however, the clients always seem to have a more startup mindset.
Google Maps
I believe that the best way to find new clients is by being proactive and making connections. Once you find a company you like in Google Maps, give them a phone call, email or drop by for a visit and sell your services. If you are a web designer and notice their business website needs an update, discussing this may get you a new client. Google is the best resource to use when searching for local businesses.
#2. Trading Domains/Websites
There is money to be made in buying/trading domains and websites. If your website makes $1,000 per month you should expect a valuation of around $30,000 (30x the monthly revenue.)
You can buy webspace and hosting packaging with HostGator, it’s what I use on this site. Once you have a website bringing in lots of traffic and you have valuable content, Flippa Is just one platform that sells websites.
#3. Stock Imagery
If you have a keen eye for photography, you can make extra money online by becoming a stock photographer for companies such as Shutterstock or depositphotos. Everyone has photos on hard drives not doing much, so you might as well list them. You’ll get royalties every time an image sells. It’s a great potential source of passive income.
#4. Selling new/second hand products
Amazon
The largest online retailer in the world. Selling items using Amazon’s Fulfilled service(FBA) takes away the headache.
You just submit what you want to sell to Amazon and utilise their already existing customer base, so you don’t have to worry about driving traffic. Most of the processes will be automated for you. More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money.
Etsy
Etsy is the most popular online marketplace for handmade goods and crafts. You can also sell digital products such as poster designs and photography. This is great if you don’t have a budget set aside to buy physical products first.
Ebay
Everybody has heard of eBay, It’s the largest online auction site. Do you wear all the clothes in your wardrobe? Rather than throwing them out why not auction them! Here’s an article I wrote on selling clothes from home.
Shopify
Shopify will hand over the keys to you, for your new online store. They can help set everything up, including a custom domain, beautiful templates, secure payment options and even marketing and shipping if required. Whether you’re promoting your own products, designs, or curating other products for people in your niche, Shopify is the best option for powering your online store.
#5. Drive for a living
If you’re in a location where you can find Uber, or another one of the many competitors around the world such as Singapore’s Grab, the hours are flexible and you can work on your own schedule. If you currently have full-time employment but are looking to make some money as a driver in your spare time this could be for you.
#6. Starting a blog
You could make a tremendous amount of passive income from a blog. Find a niche market, target your content to the right audience, and grow. You could sell courses, training sessions and ebooks. You could even look into Affiliate marketing.
#7. Online Teaching
Teaching and tutoring English as a second language is a great way to make money online and a great active income if you want to travel the world and visit countries such as Mexico or Thailand. Also great if you are starting a new business venture and need to make some extra money on the side. Companies such as iTutorGroup require you to have a degree and TEFL certificate and then you can teach and get paid between $18-$25 per hour. Teaching English online is the best job in the world!
#8. Freelance Writing
Medium
Medium is an online community where anyone can post articles and essays and get them in front of millions of monthly readers. With Medium’s Partner Program, you can make money online whenever someone claps your article.
Guest Writer
If you’ve got a way with words and expertise in a niche, there are plenty of sites that will pay for the articles and content you write. Think of the sites you read regularly. What can you contribute? Many sites have a submission or contact link in the footer.
Self Publish
Why not self-publish a book on Amazon? They offer a suite of services for independent authors to bypass traditional publishing companies. You can create and sell digital and hardback/paperback printed copies on demand. Selling your own short stories can be very profitable.
#9. Become an Influencer on Instagram
Build up a popular Instagram account with over 10,000 followers and lots of interaction and you could quickly be making extra money online. Major brands are willing to hand out money for posts to get in front of the audience you have built up over time.
#10. Rent Your Home or Room on AirBnB
Not only is Airbnb a great way to make extra money by renting out your spare bedroom, but you also get the benefit of meeting new people (if that’s your kind of thing). You can also rent out an entire building if you have one spear.
#11. Sell Your Old Smartphone and Other Tech Goods
Do you have some old phones at the back of your wardrobe or under the bed? They could be worth something! There are tons of sites online that will buy your old smartphone outright to recycle. Some popular companies in the UK include musicMagpie, Mazuma and sellmymobile.
#12. Launch a YouTube Channel to Entertain and Educate
If you’re able to hit YouTube’s minimum of 1,000 subscribers and 4,000 hours of view time in one year, it’s an incredible place to make extra money.
YouTube is arguably the world’s second-largest search engine (after Google) and is the third most-visited site in the world. In 2017, almost 5 billion videos were watched on YouTube every single day! If you are a stay-at-home dad but busy with the kids all day, why not make a video or several, showcasing your life?
#13. Buy and Sell Lego
People think that Lego should just be opened and played with, which is true. But it’s also true that if you keep your Lego in new condition, still in the factory-sealed packaging, the value will only go up.
As pieces of Lego retire the demand usually increases each year, which raises the selling price. Typically, Lego in the original 
So, what’s holding you back? There has never been a better time to make some extra money!
