Until you reach a stage where you can justify making substantial investments that will pay off greatly, most of your wealth will likely come from your day job, or any businesses you’ve started. However, it’s still possible to make a little bit of extra cash on the side in some relatively simple, low-effort ways.
This may be particularly important to you during the COVID-19 pandemic. Right now, many people are looking for ways to save money. They should also be looking for ways to earn extra cash where they can. Specifically, if you’re trying to stay financially healthy during these trying times, consider the following side hustles during the COVID-19 pandemic.
Side Hustles That Will Help You Make Extra Money During the Pandemic
Take Online Surveys
The idea behind consumer research surveys is fairly simple. Businesses need to know about consumer attitudes and preferences in order to develop stronger products, marketing campaigns, etc. Thus, they used to solicit consumer opinions in the form of focus groups.
True, focus groups still exist, but it’s becoming increasingly common for businesses to get this type of information via online and app-based surveys now. While you can’t expect to make big bucks with this particular coronavirus side hustle, because the surveys are fairly simple most of the time, you can theoretically take some of them while watching TV. It’s an easy way to make some extra money while also doing engaging in other basic daily tasks.
Become Someone’s Virtual Assistant
Throughout the world, professionals across a range of industries often seek to save some of their own money by enlisting the help of virtual assistants.
This gig is essentially what you probably expect. You handle basic tasks for someone, the way an actual assistant would. It’s an option worth looking into if you’re trying to find a way to earn some extra cash with the extra free time you might have right now.
Sell Old Items
Now is a good time to go through all your old clothes, electronics, and similar items, looking for any that you may no longer have much use for. Instead of tossing them in the trash, consider selling them online via eBay, craigslist, or similar platforms instead. You’ll feel better decluttering your home, and you’ll make some money as well.
Granted, this is the type of side hustle you can only really take advantage of if you have knowledge in a particular area, but it’s certainly an effective way to earn money during COVID-19, when people are looking into virtual learning options perhaps more than ever before.
There are numerous subjects you can tutor students in via the internet. You could teach ESL students English. You could help struggling parents teach their kids the basic subjects they would normally be learning in school. If you have a special skill someone might be interested in learning (maybe you’re a good cook), you could find a student online willing to pay for lessons.
The basic point to understand is that these side hustle for the COVID-19 pandemic can help you make ends meet during difficult financial times. Once this is all over, you might even want to continue them, adding to your bank account those little investments that can eventually accumulate into major savings.