Last updated on May 14th, 2020
Due to the current lockdown, everything has come to a halt. The worst thing is that the majority of people around the world are getting affected in some or the other way by the temporary closure of businesses, and public facilities like schools, colleges, retail shops, and public transport.
While these are some necessary steps imposed to mitigate the deadly disease, it may bring a situation of financial uncertainty for the people. In view of COVID-19, layoffs and pay cuts are likely to happen which will further deepen the crisis.
According to Economic Times, millions of jobs could be lost and professionals working in various domains are likely to be affected due to the pandemic.
The thought of not getting paid for weeks or losing a job in itself is scary. So what if all this becomes a reality?
Don’t worry. Even in such a turbulent period, we have got 5 ideas to share with you. Capitalize on them as per your suitability and flexibility to make some extra money by staying in the comfort of your home.
And you never know, you might want to pursue them for the rest of your life.
Here Are 5 Excellent Ways To Earn Additional Income During Coronavirus
01. Become A Freelancer
Self isolated or home quarantined, being a digital freelancer during the pandemic will definitely help you make some residual income, especially when there are not many options available. This could be an opportunity in adversity. But before you finally decide to take it up, make sure to do the groundwork. Read about what it takes to be a part of a freelance gig and how you can become a successful freelancer.
Some of the Best Platforms for Freelancing are right here:
- Software Developers / Engineers: Coding Ninjas, Toptal.
- Graphic Designers: Designhill, Upwork.
- Artists: PrintShop by Designhill, Redbubble.
- Content Writers: iWriters, People-Per-Hour.
02. Start Online Tutoring
With schools being shut for weeks and students working on assignments remotely, this is a perfect opportunity to get into the online tutoring business. Having such a business will be of great help to parents (especially if both are employed) who are trying to strike a balance between their work and personal life. Also this will ensure their kids are engaged and their academic growth doesn’t stop even when there are no schools functional.
03. Start Remote Translating
Translators are in great demand amid the pandemic. As many businesses are looking for professionals to help them in translating documents and making online edits, fulfill special needs for project management, grow their business, and much more.
So if you want to become a freelance translator or contractor and mint money online, Genjo, Unbabel, and Language Line are few of the top translator platforms.
04. Create A Podcast
It may seem that podcast culture is a saturated market but it really isn’t. While people are stuck in their homes, they would need to listen to different medium platforms to keep their minds at ease.
Leverage this opportunity and create exclusive podcasts for meditation, positive affirmations, or humor. Two of the best podcast hosting platforms are Buzzsprout and Soundcloud.
05. Start A Blog
Ever thought about launching your own blog? Yes, no, may be. Now is the time to get into action. Pick a niche that interests you like travel, food, fashion or anything. You can also cover topics concerning COVID-19 or give tips to your readers on how to deal with different situations during this time. Be regular with your blog posts and over time, you will be able to build a fan following and generate a passive income digitally.
To create a blog for free, WordPress, Blogger, and Weebly are great platforms.
Below is an infographic showcasing 5 amazing ways to make money from home during the corona pandemic.
Get the infographic as a PDF:
What Should Freelancers Do To Survive The COVID-19 Lockdown?
Due to the Coronavirus outbreak, businesses are cutting down and going into survival mode. It has pulled an evolving resource for freelancers as well. What to do? How to survive such a crisis? Here’s the best advice from our experts on how to survive the COVID-19 lockdown as a freelancer.
Get Survival Tips For Freelancers
Found any of these tips helpful? Or can you think of any other ways to make extra money without leaving your home during corona times? Let us know in the comments section.