The COVID-19 pandemic is definitely one of the worst pandemics that the world has ever seen which has led to a lockdown situation in most of the countries. This lockdown has brought our life to a standstill with most of us unable to venture out of our houses even for simple things.
How To Earn During The Quarantine Period?
The COVID-19 outbreak has resulted in us sitting in our homes which in turn has had a huge impact on the earnings of majority of the people. Though this situation has had an adverse impact on the economy, there are still certain ways in which one can earn an income during the bleak quarantine period.
Below are some of the tips that one can use to earn an income during the COVID-19 lockdown.
- Clean out your closet – The quarantine period is the best time to declutter your home and get rid of things that you don’t need. Be it an old DVD player, a guitar that you don’t use anymore, books, electronics, or any other item. You can easily put them up for sale on online platforms such as Decluttr, BuyBackBoss, etc. This is great way to earn an extra income without going to too much trouble and also getting your home rid of all the unnecessary items.
- Freelance – Freelancing has always been a profitable business for many and with the quarantine period putting a break on your outside activities, this is definitely the best option to earn an income while sitting within the comforts of your home. There are a number of online platforms such as Upwork, Guru, etc., which have a list of freelancing jobs. All you need to do is register on them and choose the job that suits your interest. You can try your hand at virtual tutoring, copywriting, video editing, coding, social media management, etc. The lockdown period has definitely opened up a number of avenues when it comes to freelancing.
- Try free apps – Online websites such as FeaturePoints are a great way to earn some gift cards as well as cash during the quarantine period. All you need to do is download and try their free apps. There are different ways through which you can earn the rewards such as, winning instant contests, completing surveys, shopping at your favorite stores, downloading free games for points which can be redeemed later, invite your friends as well which will allow both you and your friends to earn a reward, etc.
- Stock trading – Though the stock market is filled with news regarding how the markets are down, one should always remember that share markets are a volatile industry which means that it keeps fluctuating. During your quarantine period, you can easily invest in some short-term share markets which can help you in earning some extra income. There are couple of short-term trade strategies such as, day trading, swing trading, shorting, etc. In order to start trading, you will need to set up a brokerage account. There are a number of affordable brokers available online and you can choose the one that suits your need the best.
- Financial advisor – The COVID-19 lockdown period is one of the best times to get in touch with a financial advisor and plan all your financial goals. These financial advisors can help you in determining your financial goals and also the best way to achieve those goals. In this way, you can build your financial security for the coming future.
- Get creative – In these tough times, there is always a need for more safety supplies such as masks. So, get your creative side on and try your hand at making masks that you can sell at your local stores. Apart from making masks, you can also try your hand at other creative stuff such as painting, arts and crafts, etc. You can easily set up an online page for your art and sell them to earn some quick money.
- Transcriber – If you have a good ear for different languages and English accents, then you can earn quite a bit of money during the quarantine period. All you need to do is listen to various audio tracks and convert it into text. Though it involves manual work, you can use the services of Otter which can help you in transcribing the video. Just make sure that you check the final product. You can seek transcribing jobs by searching sites such as Transcribe Me, Go Transcribe, Rev, etc.
So, these are some of the best ways in which one can easily earn money sitting at home during the difficult quarantine period. Just because you are confined within the four walls of your home does not mean that you have to sit idle. Use this time productively to build up your bank balance by opting to do something that interests you and is beneficial.