With an ever-increasing cost of living, stacked against a stagnated rate of inflation, there are some in the UK concerned about their future: whether their wage will continue to support them, or whether the jobs market is healthy enough to support their search. But another solution is possible. Many are taking advantage of their free time to make money from a secondary source – but how? Here are some top ways you can make money from home.
Utilising Online
None of us is strangers to the Internet anymore; it is an intrinsic part of our daily lives, powering social media apps on our phones, delivering us news instantly and acting as a near-endless repository of information and advice otherwise.
Your online capabilities also represent an opportunity to generate income, without having to leave the house. Rather than applying for part-time work around your existing hours, having to factor in commutes from A to B to C, budgeting for travel and losing valuable home time, there are a variety of ways you can use your free time at home to access online resources and make some extra money.
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One of the easiest ways for you to make money online is to find an online broker and trade forex.
If your skills are less in education and more in analysis, you could start to dabble in forex trading; with the development of the web, technology has come to the development of powerful trading tools like mt5, which give you all the information necessary to start trading from home. You could also start to buy Bitcoin which is currently enjoying a boom, but before you invest, please do some reading.
You can get repaid in online shop vouchers simply for filling in forms and surveys – though the returns can be a little weak for the time they may take.
Online tutoring platforms are available, on which you can offer your services as a private tutor for children of any age.
Monetising Your Hobbies
If you’re more of a hands-on kind of person, the idea of generating income in a digital space might not appeal so much to you. Instead, you might want to leverage some of those physical skills, whether in the form of prior expertise or a hobby you’ve been cultivating for a while.
Perhaps you’re a keen amateur horticulturalists, with a neat garden and an understanding of everything planted in it. You could freelance, in your free time, as a professional gardener – giving you the chance to work more with something about which you’re deeply passionate and make money while you’re doing it.
You don’t even necessarily need to be highly skilled to have something to offer in the freelance space. You might be a dog lover who has owned or looked after a dog before. That love could lead you to start up a professional dog walking service in your area and ask around friends and neighbours to kick your second career off. The possibilities are endless; you could even pick up a new hobby from scratch, with the intention of eventually monetising it!
Is It Worth It?
It’s obvious to most that bringing in more money can improve your quality of life significantly, but nonetheless, you might be wondering if it is worth it for the trade-off of your free time. Ultimately this is a question only you can answer, but many of the options available to you to earn a little extra on the side are borne of interests you may already have and stand as a way for you to utilise the things you do for fun to create a better life for yourself. The effort could well be worth it – and you could learn some valuable skills along the way.
