As the unpredictability of the world surges, you may be finding yourself home more and more. You may also be thinking how you can take advantage of this situation to make some money. It may be easier than you think. Here are a few businesses you can start at home to make some extra cash.
Storage
Do you have extra space in your house? Why not rent it out? Renting your open space for people to store their stuff is a great way to make passive income and it doesn’t require getting personal loans or other financial start-up cash to get going. You are simply using what you already have.
Storage units cost a lot of money, and if you can offer your basement, attic, or spare room at an affordable price, you will have a lot of people who will want to store things at your home. The best part is that you don’t have to do much.
Tutoring
If you have a degree or two in a specialized field, you can do tutoring. The best part of this, you can do it online through Zoom or any other kind of video conferencing platform. Putting yourself out there through word of mouth or putting a post on social media will get your phone buzzing before you know it.
People are more likely to go with someone they know and trust before hiring a stranger, so your network may be your first clients. Make yourself a schedule, log on and start tutoring kids. It’s a win/win. You make money, and they will do better in school during a time when at-home learning is causing a lot of kids’ grades to slip.
Baking
If you have a knack for baking and decorating, you can make a mint from baking birthday cakes and cookies for people. With people getting busy at home with kids, school, and work, there never seems enough time to bake for a birthday party. Also, prices are on the rise, and that means people want to save money. If you can provide a cake at a reasonable price, your kitchen will become a factory for confections.
Start by helping out friends for free, and then start charging their friends for your work. You can get clients from a simple social media post and by making a website on your own. It will cost very little to get started, and you can be making money in no time.
Writing
If you have a gift for the written word, start writing and making money. Writing is hard and every industry needs a writer. Visit freelance websites where you can find clients and jobs. You do not have to leave home, and you can work from home. You can make a nice chunk of change off a regular client, and you will have more money in the bank.
Before long, you will hone your skill and you can start charging more money for new clients creating more revenue over time.