How to make extra money in 2020
Making money in 2020, is not that much difficult now, why? because technology has crossed the limits and millions of people are developing new to new ways to make money. You cannot even imagine. So let us talk about how you can earn money in 2020.
Before we talk about how to make money this year. First, let us take a look at what is the present situation of the world and the state from which you belong. like a there viral infection that has taken over the business and world health has been down. people are bound to stay at home and work. whereas some of them are sacked because of a lack of resources.
The best ways to make extra money in 2020. are freelance jobs based on new advanced platforms (programming in a new language, work in keyword research on SemRush or Ahref, ), programming in Python, online teaching using Skype or Viber on any online communication tool, and offline jobs where you can use the preferred skill. Affiliate business is still the most common way to make extra money but in 2020. you can try to promote new brands, new companies, and their products and to be one of the first in the industry. Passive income is another good way to earn money in 2020 because on in a slow and patient way you can earn while you sleep. The passive income can be generated from website development and content creation, online trading, youtube channel creation, etc.
Almost every country has the technology and new generation are more capable of doing work on technology and they know how to tackle it. like they are so much into it, unlike us, the not so old and not so young generation, we need to learn first and then we apply the tech-based techniques to our work.
BUT! you can make extra money in a ton of the ways still, million are working through the internet and making their side income.you might not believe that some people are earning a mighty amount of money through just internet from their home.
The following are the ways to make your side income. The plus point is you can make one of them your main job and generate as much as you want.
Use blogging/content writing/article writing for side income.
First and the most amazing or some might consider this way quite an easy job too, is blog writing. once you know how to write and make sense of your content or article your piece of work would never be rejected by anyone. you can write and as much as you write your typing speed will start increasing if it is not enough to write more pieces in a day.
You can create 3 to 4 articles in a day on your average typing speed. this is the best option as far as I can see.
It is like you are talking to others through your words, you can express your feeling your experience whether good or bad or you can write some morally based article any tech article business, or guidance. thousands and thousand options are here available for you to write.
If you are not familiar with writing or pattern, take the example of what you are reading right now. you can also search the top articles or blog on the internet then copy them and type as your practice, after that, you will have some idea how and what to write. just brainstorm new ideas that will be good too.
The earning process is quite simple after you write an article you can publish it on amazon or you can sell it on freelancing sites. you can see the complete details of how to earn from freelancing in the other article of mine.
Now you might be thinking about how much can you earn from writing, then the answer is you can earn as much as you write. for example, you can make your price with your choice. you can charge 10 dollars of 1 article or you can charge 7 dollars of 1000 words you type.
You can write an ebook or novel for side income
if we talk about ebook or novels, then you can rest reassured of your income, because this is very much in trend and you can generate money quite easily.
Nothing in this world comes free of cost, you have to pay for it one way or another so the ebook writing might seem easy to go for it but it demands time, and focus. if you are willing to make more money the more time and focus need to be invested in it.
In ebook or novel writing you need to plot a structure of any story and work on it until you improve your last mistake in it. Then publish it on Amazon with your desired price. you can also try out publishing your work on Facebook or other social media sites.
There you just have to upload the cover and after the payment verification, you can send the full ebook or novel. the other plus point is that your ebook or novel can be used for making vlogs or short videos and you can write for the media industry too. This field is a highly paid industry. Media earns and sounds a lot from entertainment.
Freelancing
The next is freelancing. Freelancing is quite related to blog writing as well or you can say writing field. in this you have to make your profile after signing up to any site you want, I recommend Upwork and Fiverr because of its reliability.
The process is simple as you just need to sign up and make your profile and upload your work samples there and start looking for the project that your capabilities are compatible with.
There are hundreds of projects popping up every single minute. select the project you want to work on and sen your proposal to the client, after getting the response start your work and do not forget to update your payment method.
Teach online
Nowadays, teaching online is one of the most affordable ways to earn extra. many students are learning online and they need coaching. This is the time to earn in this way. you can also help students and guide them regarding their patterns of exams, how to study at home, and maintain their focus.
The sudden shift of education on a regular basis to the online classes primary and high school even graduates want to have guidance about the methods and process of how to give exams.
If you know the answers to their concerns, it is an easy job for you if you do not know the answers you can google it and do some research on it ask as many seniors or peers of yours, as you can to make a satisfactory conclusion to help them. After that, you can make your profile on Facebook or any social media site that you have popular in your country and just go for it.
The more classes you take the more it will be easier for you to make money. you can charge students less and ask them to gather more of their partners or class fellows to the class. this way you will be having more students and you can market your service of teaching quite in this way.
It is not necessary to teach only books. you can also start giving coachings regarding anything you want, like the skills you know or you are expert in. for example, If you are good at cooking or making crafts you can teach your target group of students.
Teach your language to others who are interested.
As we can see that companies are trying to search those employees who are multi-linguistic or at least bilingual. so for reaching this level many young people are saving this time to learn some influential language in much cheaper charges.so if you know any other language or your mother language is influential like Russain, Spanish or French you can take this chance to earn side income as well.
Once you start this you will e gaining the experience to continue this job for reaching to get more money generating from this.
Cook lunch for the office
Cooking is the second profit giving field to pay off double money as you spend. for example, if you like to cook and you are spending 50 dollars on buying ingredients then you will be earning 100 dollars with 50 dollars as a profit.
why this is so?
It is simple as you buy ingredients but after cooking you can make 6 to 10 servings from those ingredients and can sell them with the average price and you will still be getting the double amount.
So, this is another way to make money though it is not so simple to cook for such servings, and it will take real skills too. after that, you can take the contract of any office or home for delivering the lunch only as just to make a side income.
Take surveys as a way to make extra money
If you are a homey person than making money from is also possible in its prime. you need merely one hour to spend and in that one hour you have to take online surveys one survey gives around 30 to 40 questions and you get paid for it like 5 dollars for each survey. if you are efficient in filling out surveys you can solve 3 to 4 surveys each day and can make a decent side income through this.
This is not an option to rely upon for too long, it is just for the side income.
Sell extra stuff around your home as a side hustle idea.
If you do not find any extra time to spare another, hour then the side options to make a side income or you can some extra money is through selling out some of your extra stuff at home.
like there are tons of things that are of no need to us but we keep them for nothing, you can sell them on half their original price and can buy the stuff that important.
The other better option in selling your stuff is your clothes. In one season you buy new clothes and before the season ends to try to sell them rather than keep it for the next year. by this, you can generate extra money and in the next season, you can buy the new trendy clothes. this will save your time to pack them and place them in your closet and also it will save much of your space in your house.
Walk the pets or train them as one of the ways to make extra money.
You can walk other pets for an hour in a day and charge them for it. now the question comes here is how you can make a start. that is quite a simple take start from your area.
if your neighbors are pet owners than great! take the chance and ask them first for taking their pets on a walk and settle the charges you are going to take from them.
You can also ask your friends and coworkers too.
There are a few limitations that will be in the way too, like a rainy day and you cannot take the pet on a walk or if pets are sick or they might not get friendly with you so these things are there to overcome as well.
In every task or work, you will be doing to earn money, would not be easy. there will be hurdles you need to settle yourself with them.
Rent your extra rooms or garage for extra money
The other best option is to rent out your extra space of the home. In this way of earning you barely have to do anything. just follow some steps. The first is to clean out space and second is to make a legal contract for some security purpose with no illegal activities allowed.
there you go!
Savings.
Savings are the last option. but as far as I experience this, I feel savings are the first option if you want to have some extra money, you can save much of your money from spending on unnecessary wants.
you can save :
1- By cutting down your cable and use the internet on cellphones.
2- Eat at home and save money that you spend on dinners outside.
3- Stay in one room and save on electricity bills
4- Shop from the local market rather than spending money on expensive things
5- Do not spend much on clothes for every season.
6- Try to have fun without spending money on entertainment.
Investment
Investment is the coolest option many billionaires invest their money in several places to get profit from. If you are an entrepreneur than try to invest in multiple places. it will not only double your money but also will save your future.
Soon after you get retired the money you would be investing now will pay you off in your old age.
There are some matters you need to think before you invest the first is where you are investing, the place the person the organization must be having a safe future and it must be legitimate. the second thing is to go through the policies of the organization before you invest. The third is the rate of profit and years, like for how long you will be taking the profit and whether you can withdraw your money back or not fr some emergency.
Tips:
There are a lot of ways in especially 2020 to make money besides your regular job but saving is still the gross and economic option for humans. if you are earning some extra invest them somewhere and you will be having long term profit from it.
This all depends on your choice.