10 ways to make money in 2020. New year, new resolutions. On top of many people’s lists, new year’s resolutions would figure ‘find new ways to make money. Whether you want to make extra side money on a part-time basis or you ultimately want to try new ways of making money on a full-time basis is possible. There are many variable ways out there to make money this year.
Here are 10 ways to make money in 2020 that we propose to you.
1 – BLOGGING
Are you someone who likes writing? Is your passion for any particular subject? If yes, then blogging might be for you. So, you have to publish compelling content that appeals to people. And then, apply some patience and wait for traffic to be driven in.
After, you can make money through ads, sending links, etc.
2 – SELLING ONLINE
You can make money by selling online. There are a lot of platforms, such as Amazon, eBay, Etsy, Gumtree, and a lot more. Where you can sell new items or second-hand items. Moreover, an excellent place to start is to start selling your unwanted items;
this could be anything like clothing, shoes, household items, kitchenware and much more.
Hence, you can do that as a side hustle or full-time.
3 – OFFERING TUTORING
Do you have any tutoring skills? You may want to offer some tuition courses, extra courses online in English, Spanish, French, mathematics, electronics, etc.
Whatever you believe you have some substantial knowledge of, you are willing to share and monetize.
You can put your skills to good use. Many parents are willing to pay for an extra curriculum course for their children. So, you can do that with flexible hours, working around school hours, evenings and weekends online or in class to make more money.
4 – WRITING AS A FREELANCER
Are you passionate about writing? You will be eligible to monetize your writing skills on platforms like Upwork. You can get paid by creating online content for other people for websites that will hire you.
You can figure out a niche by networking with people and delivering high-quality content. Therefore, you can get a decent amount of money as a part-time or full-time job.
5 – COACHING AND CONSULTING
Coaching and consulting are other ways to make money. You are an expert in any field, and with confidence, you can find people willing to shed a lot of money for your knowledge. to help them with their personal development or business goals.
Moreover, there is undoubtedly a lot of money to be made there.
6 – YOUTUBE CHANNEL
YouTube is a platform that helps people to make money online. So, you can create a niche by talking about a specific topic. This could include tutorial videos, educational videos, unboxing and more. Overall, Any case you can think of.
However, you will need to upload regular content to build an audience. And later on, you can monetize and make money. Brands pay a considerable amount of money to promote their products or services.
7 – COMPLETING ONLINE SURVEYS
Another excellent way to make extra cash is by filling out online surveys. There are a lot of online companies you can sign up for, and they will send you surveys when they are available to complete for reviews.
You will get paid by sharing your opinions on products and services and participating in market research. Although pay could be modest, this is still a source of revenue.
8 – AFFILIATE MARKETING
Whether you have a website or not, you can look into affiliate marketing. It works by getting a link through a professional platform, such as Clickbank, that you use for a given time.
A product or service purchased through your affiliate link; will get a commission. You can make a lot of money doing this, sending out many links or going into high-ticket items.
9 – RENTING OUT A ROOM
Renting out one of your spare rooms is another excellent way of making money. You can do this through some license companies such as AIR BNB, or you can advertise yourself directly to get interested people.
It is a bonus and more lucrative if you live near a tourist area, stadium, university, capital city, etc.
10 – WRITE AN EBOOK
You can write an eBook about a subject that you are passionate about. Anyone with writing skills can write an eBook and find an audience. Nowadays, self-publishing is accessible and common online.
You do not have to take the old way, going through a publisher and all the financial strings link to it. Amazon Kindle is a way to look into it. This is a great way to have a passive income.