This is a collaborative post.
It has never been quite as important to try and make money from home for many years as it has been this year. With the global pandemic consigning much of the world’s population to their homes, it has become clear that many people need to find a way to make a living which allows them to stay in their home as much as possible.
At the same time, this need has been increasingly met, with many more opportunities coming into play. So much so that it is now easier than ever to make money from home, and you might consider doing this in future, regardless of whether or not you are still in lock down.
In this article, we are going to discuss a number of the best money-making opportunities from home in 2020 which you might want to consider. If you take a look at these, you should find that there are some which are going to be particularly worth your while, so it is definitely a good idea to get acquainted with the possibilities. You could be making a great deal of money in no time.
It has long been a favourite means of making money from home, and it is still the case – blogging is something that you should absolutely try out if you want to make a lot of money from home.
Straight off the bat, it’s worth saying that you do need to put a lot of time and effort into this one before it will pay off – but that is true of many of the best options on this list. This is because it is a genuine and rewarding way of life, as well as a side career in itself. If you desire, you could even make it into a genuine full-time career, and there are many people who do that.
Whichever way you approach it, the question is: how do you make money from writing a blog? There are many monetisation options available, and you should make sure that you are aware of them all so that you can consider which one is going to be the best for you.
Some people make money with affiliate marketing, where you place in-text advertisements for products and services, linking to those pages where they are being sold. Some people use more traditional advertising in the form of banner adverts and so on, though these are becoming a little rarer. Others still make money from their blogs by using them as a platform to sell their own product. Perhaps you have written an e-book that you would like to sell – your blog is the perfect place to do so.
However you do it, the blogging market is currently looking very strong indeed, so it is a good time to get set up. Just be prepared for it to take a while to get the ball rolling, and for it to take some hard work and patience before you are making decent money this way.
In a similar vein to blogging, if you are someone who considers themselves good with words then you might want to try and turn this into a career. As with blogging, it is a particularly good time for freelance writers, as more and more businesses realise just how useful their services can be.
The main goal you should have here should be to find a niche which you can get into as quickly and deeply as possible, and explore it as well as you possibly can. That should be something that you are already interested in, and which you feel you are knowledgeable about, and could perhaps learn even more about without getting bored of it. If you can find a topic that you can write about in this knowledgeable way and enjoy it, then you are looking at the start of a valuable career in freelance writing.
The challenge is to find clients who are willing to pay you for what you are writing, and who feel that they actually need your services. Truth be told, the most successful freelance writers are those who go out and find their own work by making it, by finding people who don’t even know that they need a freelance writer’s services. Think about who out there might need your help with your chosen topic – any businesses, local or otherwise, or individuals who might be willing to part with cash? Look for new businesses with marketing budgets to spend, in particular.
If you are persistent, you should be able to find some decent clients given time. Then it’s just a case of working hard so that you don’t disappoint them, and ensuring that you are delivering what you should be delivering. Also, make sure to look at what other writers are charging, to get a good idea of what you should also be charging. You want to be fair on yourself, but also to give your clients a good price, otherwise you won’t get any clients in the first place.
Not all of the money-making opportunities that you can engage in from home are to do with offering services or working in this way – although many are. Some are much more about putting your money somewhere where it is likely to grow, and that means finding a decent investment that you can make good use of and which looks likely to be successful in the long run. There are many of these that you might want to think about, but one in particular which is going to be worth considering from home is precious metals.
Precious metals are the kind of investment that are always safe to make. Even during times of recession, the thing that people look to for security is gold and silver. If you buy gold now, you are going to be putting yourself in a much more secure position, should anything happen that means you need to try and improve your situation fast. If you are keen to invest, then look into precious metals above all else. You can do it from your home, it is very safe, and you can invest as much or as little as you like. Just make sure that you use a trusted service for it, of course, so that you don’t get burned.
There are some businesses that become popular every now and then, for the simple reason that they provide something there is a high demand for, or that they fill a gap which has always needed to be filled. When it comes to dropshipping, it is very much an example of the latter, a service which you can slot in to many places at many times, and hope to make a considerable profit from doing so. But what exactly is dropshipping, and is it really something you can do from your home with ease?
Essentially, dropshipping is a business where you are the go-between in between someone buying a product and someone shipping it out. You only pay for the shipping when a customer actually buys the product, and you then sell the product to the number of units that have been bought. It is essentially a form of retail, but where you hold a specific position in the chain at all times. What’s more, people are making a lot of money this way, and you could be doing so too.
It is easy to run from home, and there are even sites out there that will help you get set up to do so. It’s worth thinking about if you want a bit of extra money on the side, and you are hoping to improve your finances generally. You don’t have to spend much to get started, but you could make a lot of money in the long run, so check it out.
Do you have a specific skill that you could help others to develop? If so, you might want to think about tutoring it online. Many people tutor their skills online, which is something that you might find to be particularly interesting and enjoyable as a way to make a little extra money on the side doing something you love. Generally, that skill will be something that you really do like, so it’s a great and wonderful way to actually have fun earning a little extra cash.
If you want to get into tutoring online, there are specific websites set up for the purpose. Alternatively, you might want to think about building your own website and just spreading your name out there. Ultimately, you should be able to find people who need your help, especially if you are particularly well-versed in whatever the skill might be. And you can have the feeling of helping other people to reach their potential, which is very rewarding.
Any of these are great opportunities to earn money from home, so try them out today.