New year, new resolutions. On top of the list of many people, new year resolutions would figure ‘found new ways to make money’. Whether you want to make extra side money on a part-time basis or you ultimately want to try new ways of making money on a full-time basis is possible. There are many variable ways out there to make money this year.
Here are 10 ways to make money in 2020 that we propose you.
1 – BLOGGING
Are you someone who likes writing? Are you passionate about any particular subject? If yes, then blogging might be for you. You have to publish some compelling content that would appeal to people. And then apply some patience and wait for traffic to be driving in. After, you can make money through ads, sending links, etc.
2 – SELLING ONLINE
You can make money by selling online. There are a lot of platforms such as Amazon, eBay, Etsy, Gumtree, and lot more. Where you can sell new items or second-hand items. An excellent place to start is to start selling your unwanted items; this could be anything like clothing, shoes, household items, kitchenware and much more. You can do that as a side hustle or on a full-time basis.
3 – OFFERING TUTORING
Do you have any tutoring skills? You may want to offer some tuition course, extra course online in English, Spanish, French, mathematics, electronics, etc. Anything you believe you have some strong knowledge you are willing you share, monetizing. You can put your skills to good use. Many parents are willing to pay money for an extra curriculum course for their children. You can do that with flexible hours, work around school hours, evening and weekend online or in class, to make more money.
4 – WRITING AS FREELANCER
Are you passionate about writing? You will be eligible to monetize your writing skills on platforms like Upwork. You will be able to get paid by creating online content for other people, for websites who will hire you. You can figure out a niche by networking with people and delivering some high-quality content. You can get a decent amount of money as a part-time job or full-time job.
5 – COACHING AND CONSULTING
Coaching and consulting are other ways to make money. You are an expert in any field, you are confident, you would probably find people who are willing to shed a lot of money for your knowledge to help them on their personal development or business goals. There are certainly a lot of money to be made there.
6 – YOUTUBE CHANNEL
YouTube is a platform that helps people to make money online. You can create a niche talking about a specific topic; this could be doing tutorials videos, educational videos, unboxing and more. Any topic you can think of. You will need to upload regular content to build an audience. And later on, you can monetize and make money. Brands pay a considerable amount of money to promote their products or services.
7 – COMPLETING ONLINE SURVEYS
Another excellent way for making extra cash is filling out online surveys. There are a lot of online companies you can sign up to, and they will send you surveys when they are available to complete for reviews. You will get paid by sharing your opinions on products, services, and taking part in market research. Although pay could be modest, this is still a source of revenue.
8 – AFFILIATE MARKETING
Whether you have a website or not, you can look into affiliate marketing. It works by getting a link through the professional platform such as Clickbank, that you use for a given time. A product or service purchased through your affiliate link; you will get a commission. You can make a large amount of money doing this, sending out a lot of links or going into high ticket items.
9 – RENTING OUT A ROOM
Renting out one of your spare room is another great way of making money. You can do through some license companies such as AIR BNB, or you can advert yourself directly to get interested people. It is a bonus and more lucrative if you live near a tourist area, stadium, university, capital city, etc.
10 – WRITE AN E BOOK
You can write an eBook about a subject that you are passionate about. Anyone with writing skills can write an eBook and find an audience. Nowadays, self-publishing is accessible and common online. You do not have to take the old way, going through a publisher and all the financial strings link to it. Amazon kindle is a way to look into it. This is a great way to have a passive income.