Here are five ways to make ends meet during the epidemic period by GadCapital

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  • When the pandemic struck, I had to develop novel ways to supplement my income.
  • More and more individuals are turning to side hustles in mounting financial stress.
  • Freelancing, becoming a virtual assistant, selling products, and developing online courses are just a few examples.

Since I was laid off from my full-time job in 2015, I’ve been fascinated with finding side hustles to do in my spare time. As a self-employed person, it became clear to me that I required various sources of income to meet my financial obligations. I began freelancing and selling products, e-books, and online courses as part of my internet business.

Much of my revenue was lost or halted due to the epidemic. I began searching for even more imaginative ways to supplement my income while working from home in the wake of this. I wrote a newsletter on strange side hustles and how couch potatoes might generate money.

Fifty-six percent of millennials, according to MassMutual research, started a side business during the epidemic. After doing some research, I compiled a list of popular side jobs for folks looking to make some extra money using sites like Upwork and Fiverr.

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1. Working for yourself

As a newcomer to side hustles, you may want to choose a talent that’s in high demand, such as writing, editing, or graphic design, and sell your services on a site like Fiverr or Upwork to get your foot in the door.

You may charge what you’re worth for various services depending on your years of expertise and advertise them on sites like Linkedin or Facebook groups, where people are always searching for assistance.

The average hourly wage for a freelancer in the United States is $20, according to Upwork. Those who work as independent contractors in fields like web design, marketing, legal advice, or accountancy may expect to earn an average of $28 per hour or more.

2. You may sell or rent your belongings.

OfferUp and Poshmark are great places to put goods you don’t use anymore up for sale while cleaning up your house. If the products you’re selling are in high demand and good shape, you may make anywhere from a few hundred dollars to several thousand dollars.

Loanables, a service that lets people borrow your belongings in exchange for a charge and then return it when they are done, can be a good option if you want to keep your things but still earn a little money from them.

Offering your spare space on services like Peerspace and AirBnB, and renting out storage space in your house on Neighbor.com, is a great way to make extra money.

People who don’t want to spend extra hours on a side business would appreciate these possibilities.

3. Using a print-on-demand shop to produce products

Print-on-demand shops are an option to explore if you’ve always been fascinated by selling things online but didn’t want to deal with the expenses of generating and keeping inventory.

Printful.com describes print-on-demand as a form of order fulfillment in which products are produced as soon as a client purchases. This implies that you don’t have to fork out the money to make 1,000 t-shirts or 1,000 books before they’re put on the market for purchase.

You may begin with a modest overhead, except for early design expenses and marketing charges.

Print-on-demand costs may increase the cost of your items, which may raise the price of your products for your consumers.

4. Facilitating a lesson over the internet

Online courses may be created by anybody who has a lot of expertise or understanding of a highly sought-after talent or interest. You simply need a course-hosting platform like Thinkific or Teachable, a computer, and a video camera to get started with this.

You can make a good living selling online courses, but your earnings heavily rely on the number of individuals who enroll in your system.

According to Online Course Igniter, depending on your audience and the price you charge for the course, you may earn anywhere from $500 to $50,000 teaching online courses.

5. Become a virtual assistant to earn extra money.

When it comes to getting things done in a timely way, you may want to think about working as a virtual assistant, an independent contractor who works with customers from their home or office.

It is very uncommon for individuals in the corporate world to engage virtual assistants for many jobs, but some of the more common ones are for administrative and marketing services.

According to Indeed.com, the average hourly wage for a virtual assistant in the United States is $19.50.

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