How To Make Money In Your Spare Time In 2020
Right now, everyone is looking for some new ways to make cash on the side and top up their lost income.
Whether it’s recovering from the damage of the pandemic, exploring a lifelong passion or saving for a rainy day, it’s never unwise to start looking for alternative ways to make money in your spare time.
In this article, we’ll cover a few ways you can use that spare time (face it, we’ve all got a lot more of it right now) to make money and explore a potential new career option in 2020.
Give affiliate marketing a try
Affiliate marketing is a multi-billion dollar industry where businesses and individuals make money from selling, reviewing and promoting products and services through their stores.
Despite the amount of commission some people are bringing in through affiliate marketing, the idea is still somewhat in its infancy and can easily be tapped into with enthusiasm and a quality website.
There are a number of ways to make money through affiliate marketing, whatever your expertise. You could follow the lead of Online Casinos, which lists every great new online casino and directs customers to the dozens of new sites available. Or you could run a product guidance website such as the wildly popular Consumer Choice which looks to cut through branding speak to help readers find the best products. Both of these brands have amassed significant affiliate marketing money just from being well designed and having a simple purpose.
If you’re still not sure about affiliate marketing take a look into some of the best beginner programmes around, giving you the opportunity to work directly with and make money from huge mainstream brands.
Become a freelancer
We live in a world full of multi-talent people.
You may work as a teacher, but have a hidden talent for web and software design. You may organise spreadsheets for a living, but your actual passion is in digital marketing. Rather than letting those skills to waste, consider a side career as a freelancer.
The reason so many people give up on their dreams is because of a lack of full-time employment laid out before them. As a freelancer with a stable full-time gig, you can start to see some progress with your passion offering your services on a temporary basis.
If you’ve got the time to spare and the commitment to your craft you can quickly start offering very viable and in-demand skills to agencies, clients and major corporations alike.
Thanks to sites such as Fiverr and Upwork freelancers have greater scope for attracting companies to work with, companies that are just as unaware of how to bring in essential skills in a cost-saving manner as you. While the quality can be variable, there is absolutely room to demonstrate a skill and niche.
What would you do if money wasn’t an issue? Well, if you’re willing to work a bit harder and accept starting at the bottom of the pay bracket you might just be able to do it. We can’t think of a more fun way to make some extra cash.
Offer a tutoring service
Much like working as a freelancer, becoming a tutor gives you the opportunity to explore your passions and pass them on to a new generation of students.
In this new world of kids trapped indoors and parents looking for a way to ensure their child doesn’t fall behind, tutoring is a more viable side career than ever before.
Pre-pandemic, tutoring was already a brilliant way for creatives, students and professionals to make some extra cash, but with the advent of Zoom lessons, it’s easier than ever to bring in some side-cash becoming a tutor from the comfort of your own home.
Tutoring is a low-investment side hustle. You need minimal equipment (most likely things you already have such as a laptop), a few textbooks to get you through a curriculum and your own life experiences. Tutoring is just as much about the enthusiasm and attention you bring to the job. It’s truly a side hustle where the more you put into it, the more you get out of it.
Set up a website, get yourself some talkative clients and word of mouth of your great tutoring skills will have you swimming in business in no time.
Sell craft products
Ecommerce is one of the few industries that really found success throughout the peak of the coronavirus pandemic in 2020.
Thanks to advancements in web design, shipping and home technologies, it’s not just the Amazons of this world that can make significant cash selling products to people online. You can easily turn your spare time into money with a well-run online store.
This is a particularly good avenue to take if you’re into making your own craft products or handy adapting second-hand items for re-sale.
Template store builders such as WooCommerce make it easier than ever for first-time web store owners to develop enticing and user-friendly stores that require minimal maintenance compared to a bespoke website. For an even easier experience, consider using an existing platform such as Etsy to sell your wares through.
But while dropshipping and selling second-hand clothes are enticing and effective ideas, this section is about craft products. That’s because opening an online craft store allows you to combine a hobby with a side hustle. It gives you space to build a brand with every product, sale and piece of content. When selling something more personal, you make it easier to bring someone back for more.
Establishing a side hustle and making better use of your spare time is a lot harder than it looks. It takes time and money to start making some serious cash out of it, but with a little commitment, get web savvy and smart advertising you can start turning that downtime into gold.