Making a side income from the comfort of your own home might sound too good to be true, but you’ll be glad to know there are many opportunities to be taken. You could carry on getting your regular wage from your current employment, but you could also earn a lot more if you were willing to put in the time and effort on the side. Here are five ways you can make an extra income from the comfort of your own home, while you’re still in full-time employment.
1. Start Forex Trading
Although it helps, you certainly don’t need to be an expert trader to walk away with a regular income from forex trading. Many newbies have taken advantage of online resources and regularly take home profit on a monthly basis, and you can too. Forex trading is far from easy but, once you’ve selected the right broker and trading platform, it is possible. You can click here to see how it works when you use a social trading platform like eToro. Copying trades is useful for inexperienced trades. It does take time to research and learn the basics, but once you’ve mastered that, you could be on your way to earning thousands like many of the other successful traders out there.
2. Create a Blog
Creating a blog isn’t as hard as it may seem, especially today when there are many free blog creators out there and helpful platforms like WordPress – you could literally have your own full-scale blog online within just a few minutes. If you have a specific hobby or interest, you could be sitting on a gold mine if you’re willing to write about it and share your experiences with others. People love reading articles online, viewing photos, and getting to know you on a personal basis, so why not profit from that? Creating a blog is easy today, and all you need to do is keep it updated with content and let readers know you’re active. You also have several options in terms of how you profit. You could display advertisements, sell products through Amazon, or even create a membership blogs so those who pay a monthly fee have access to your informative content.
3. Consider Affiliate Marketing
This is a side job that’s much harder to profit from today, but the rewards are literally endless should you get good at it. Setting up a website for affiliate marketing isn’t at all hard thanks to the many online resources available, and you could walk away with thousands in your pocket with little to no investment. However, getting your website busy is a marketing feat that not many have the motivation or patience to achieve. So, if you know how to market a website or you’re willing to put the effort in, affiliate marketing could be your best choice.
4. Rent out your Vehicle
The sharing economy offers tons of opportunities, but few are actually aware of how valuable their car can be, even when they’re not using it. Apps like Getaround allow owners to post their vehicle and rent it out to users of the service. And if you’re worried about any damage to your vehicle, Getaround offers insurance coverage that will cover any damage while your car is rented out.
Signing up is extremely easy and users can book and access your vehicle directly through the app, which eliminates any of the hassle associated with scheduling and exchanging keys. Payments are made on the 15th of every month and owners get access to premium parking and an instant credit just for signing up.
5. Become a Chat Agent
If you have a natural ability for customer service and have internet access and a basic setup, you could be earning extra money from home working as a live chat agent. Chat agents are the people greeting you when you’re using chat support and answer on behalf of the company.
Companies often outsource chat support to independent chat agents around the world. As a chat agent, you will be asked to answer basic queries from clients and escalate the issue to another department when needed. You will also be required to have a reasonable typing speed and be able to manage multiple conversations and chat streams at the same time.
You’ll also be required to undergo some form of training and you might get tested by the company before they hire you. And since this is a customer facing job, you’ll also have to have proper texting etiquette and a good disposition. If you’re looking for positions, sites like Glassdoor, Monster, CareerBuilder, and ZipRecruiter constantly have new jobs posted for chat support.
Earning a side income from any of the above industries is easier said than done, but should you be willing to do all the necessary research, and stay as active as possible when you’re not in work, you could end up earning more than your primary income altogether – giving you a chance to quit that job you’ve hated for the last five years.