If you work-from-home, why not put that former commute time to good use? You can start a side hustle, and while you may not get rich quick, you can pad your bottom line. You can also potentially create a residual income stream.
How can you put your talents to their most profitable use in 2021? Here are eight ways to make money on the side if you WFH.
1. Design an Online Course
Online learning is all the rage given COVID-19, and many sites give you the tools you need to build successful content, even if you never taught before. Many of them feature pre-recorded content and slides — once you design the materials once, you only need to update them to keep them fresh. Say yes to making more money for minimal work.
2. Sell on Amazon or Etsy
What’s your hobby? If you knit like a “knut” or create cat-proof kitchen towels by crocheting a button attachment to secure them to oven doors, why not open up a shop? The virtual world makes retailing a snap.
Please don’t worry about how to get your goods from your door to your customers’. Innovations such as Amazon Fulfillment offer free storage, removal and processing. You can track your orders and let your customers enjoy Prime benefits — a decided bonus in today’s hurry-up world.
3. Walk Dogs
One of the hurdles the WFH crowd must overcome is getting sufficient exercise. You’d be surprised how many calories you burn walking to and from your car or climbing office stairs.
Why not make your downtime productive by opening a dog-walking service on the side? You create a win-win for harried pooch parents. They have someone to take out Fido and avoid a mess on their white carpets while you get your blood pumping.
Once you establish a client base, you can organize your work breaks around your side hustle. Research shows that letting employees exercise on the clock has impressive benefits, including increased long-term memory and intelligence. Maybe the extra brain-power will help you get a promotion at your primary gig.
There’s good news if you always wanted to teach but never bothered with a certificate. You don’t need anything more than a bachelor’s degree to work with several legitimate online tutoring companies, so dust off your resume and apply today.
What if you never pursued higher learning? Please don’t think your skills don’t apply — you can always offer one-on-one tutoring to younger kids whose parents lack time to homeschool them. If you speak a language other than English, you can coach Spanish learners on the proper use of “ser” and “estar.”
5. Work on Cars
Are you handy with a wrench? Why not share your experience with your friends, family and neighbors? They may need some help with a longstanding issue. Or, they may want your help detailing a classic car, a process that’s tricky if you don’t know what you’re doing.
Put your expertise to the test, challenging yourself while you work on something you can be proud of. It’s a fun and rewarding way to make money.
6. Create a YouTube Channel
Do you have a passion for the big screen? While you may never become a Hollywood celebrity without packing your bags and heading to L.A., you could achieve YouTube fame with a well-thought-out channel.
It takes a bit more work than shooting one video to achieve YouTube partner status. You must have at least 1,000 subscribers and get 4000 watch hours within 12 months. However, if you create engaging content that people want to like and share, you can generate an impressive residual income stream.
7. Help Out Come Tax Time
Are you so tax-savvy, you have your 1040 return completed by the end of January? If so, you can earn extra seasonal cash by helping individuals perform their civic duty.
Many organizations, such as H&R Block and Jackson Hewitt, require seasonal personnel to assist taxpayers with their filing. In exchange for your service, you’ll get a crash course in how to complete 1040 returns. It’s valuable knowledge to tuck into your cap like a feather, and the extra income also helps.
8. Provide Exceptional Customer Service
Finally, if you enjoy working with others, you can nearly always find customer service jobs from home. You might take phone calls, offer text support or both.
You also have your choice of becoming an employee or an independent contractor. The former offers the advantage of having your employer handle your tax withholding for you. Plus, you are eligible for unemployment benefits if you get let go. The latter gives you more control over your time and schedule, although you must make quarterly tax payments.
If You WFH, Make Money on the Side with These Tips
If you no longer have to hassle with a commute, why not take advantage of your WFH status to make money on the side? The eight ideas above should get you started on the road to financial freedom.