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Home Personal Finance

The Best Way to Make Money During and After the COVID-19 (Remotely)

August 17, 2020
in Personal Finance
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Now is the right time to get creative to make money. If you found yourself among the millions around the world who lost their jobs because of the coronavirus pandemic, your situation might be the worst in years. That’s why it’s so essential to think outside the box.

This might be starting a business or taking a part-time job while you’re looking for full-time employment. To get inspired, read this list of ideas, maybe you’ll find something suitable here.

Assess the situation

Think about the stuff that you are good at. Maybe people have complimented something you’ve done? You can also ask people directly about what they think about your skills or try taking an online skills test. It’s crucial to find something you really enjoy doing.

Find the opportunities for remote work

Obviously, during the lockdown, remote jobs have become much more common. Now you can find both part-time jobs online, as well as permanent gigs.

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One of the biggest advantages of remote part-time jobs is that the hiring process is usually much quicker. With a part-time job, you can work for a few hours a week and up to 30. In case you are on unemployment, look into the state policy on getting partial benefits while working part-time.

When it comes to part-time work in general, the demand for it has increased in data entry, customer services and sales, health-care and medical support, and some other spheres. There are creative jobs available, too, like writers, graphic designers, digital stylists, copy editors, photographers, etc. To find a job, type in keywords instead of job titles; this way you’re more likely to find something good. Also, beware of scams.

Time for independence

Making money on your own doesn’t necessarily mean starting a business.

If you have a special skill or hobby you can use, consider making money with its help. First, do research on what people are charging for the same thing (per item or per hour). For instance, how much do people pay for a batch of cookies in bakeries? 

Then think about how you will reach your customers. A good idea is to start out small – talk to your family members and friends, use social media to show samples of your work.

A good example of this is the story of comedian Matt Levy. When he was fired from his job (he worked at a New York comedy club), at first he didn’t know what to do. So, he tweeted offering to write profiles about people’s careers, comedy or “whatever you want”. As of now, he has written about 20 profiles and has increased the price for his services significantly. Now he’s thinking about developing in this sphere, maybe starting his own company in the future.

Financeritual | All images and videos are copyrighted to their respective owners

Starting a business

With the difficulties the small business owners are facing at the moment, starting your own company may seem crazy. However, there are lots of successful businesses that started during times of economic downturn.

Start with the information you have about your skills and hobbies, and then form a solid brand identity, which you’ll use when working with clients and social networks.

Finally, create a thorough plan. Remember that business empires aren’t built overnight. It will take you some time, but giving time something you love shouldn’t be a problem. If you have nothing to lose, it’s definitely worth trying.

Tags: Coronaviruswork from homework online
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