Make extra money in 2020 and improve on your financial stability and be able to meet your needs. But how do you do that? the quote from Warren Buffett “The more you learn, the more you earn.” says it all.
10 Ways to make extra money in 2020 is worth reading if you are thinking of additional sources of residual income. However, for those who look forward to making extra money from home are encouraged to read as well.
Have you ever imagined how much you can make from the skills you have acquired over the years? What about all the important services and errands you run for friends for free? Have you thought of how much money you can make by providing the same services to others who need it apart from your friends and love ones? What if they also paid for the service if you offer the service as a business.
10 Ways to Make Extra Money in 2020 may sound impossible but by the time you finish reading this, you will notice you have endless opportunities to earn residual incomes with less effort.
Start a blog to earn extra money in 2020
Starting a new blog can be an amazing way to earn extra cash in 2020. Many bloggers have moved from a few dollars to earning amazing extra money. Sports, fashion, music, politics and the niches are endless.
You have something you are passionate about. Some are passionate about human rights, for others, its climate change and many more are experts in relationship and marriage related issues.
Its time to create a personal blog around these niches or a combination of these and write to the world, share your knowledge and experiences. If you are good at motivating people, why not start a blog on that? If you have love for fashion, you could start a blog on fashion.
Hopefully, you should get direct adverts from business as well as google Ad-sense on your site to help you earn from your efforts.
This way, you can earn some extra money in 2020. Put your writing skills to good use.
Teach a Tech Skill
There many around the world who have acquired IT training, many have also self-taught. These IT skills are endless and include word processing, excel, PowerPoint, java, WordPress site development, Graphic designing and many more.
Day in day out, there are people who need to learn these skills in groups or on a one-on-one basis. Providing this training at a fee is the best way to go in 2020.
Place an advert on Facebook targeted at persons interested in learning these skills and you will be amazed at the number of persons who will respond and seek for your services.
Do not let your skills go waste, convert them into cash through teaching IT skills.
For kids, organizing such classes during the summer break is a great timing.
Grocery Shop for People
There are millions of people around the world who cannot do their grocery shopping. Although some people get their groceries delivered to them at home by shopping online. There are still many who need such services.
Take advantage of the busy nature of working mums and families and start an errands business in your community from your home. You do not need an office space to start. Always start small.
Identify services that, can still be provided and come out with a business plan to help you put your thoughts into action and action becomes cash.
If you have developed a good shopping ability, a few shopping services for satisfied customers will turn them into marketers for you.
Provide Freelance Services
Freelance services are on the increase and such services are becoming the way to go for many digital services needed. You do not have to come into contact with the service seeker neither will distance be a hindrance to this kind of way to make extra money in 2020. Already many freelance workers are making thousands of dollars every month and every year on sites such as Fiverr and freelancer just a few to mention. The fact is some of the workers on the site are middlemen. They take offers and look for service providers on the same platform.
Do Online Surveys
Online Surveys have become popular in the past ten years and the need to conduct research and other minor surveys have become important to help solve problems, drive sales and take decisions on critical matters. Those who participate in such surveys earn for their services or for responding to questions and performing mini tasks. You may look here for some online-survey-jobs. Such surveys pay between $1 to $100 or more depending on one’s location and the type of survey it is.
Convert your private car into Uber
Private cars are contributing to household expenses although they are family assets, they also have some burdens on families. Fuel and maintenance costs can sometimes be a burden. But you can earn extra money in 2020 if you can use your car for Uber services on weekends. This means, your car will be earning some money to take care of its expenses. Your earnings will go a long way to help make savings on your regular income. There are employees who have registered with Uber and use their cars for transporting others at a fee each day they close from work. They work 2 to 4 hours after work with their cars. What are you waiting for?
Learn a new skill
There many today, who want to earn some extra income yet, they do not have any skills. You have to consider investing some cash into acquiring a skill then convert the skill into a cash-making knowledge.
For example, learn graphic designing and become a freelancer, learn web site development, ethical hacking, how to make pastries, etc. These skills can help position you to make some extra money in 2020.
Today, it is difficult to depend on one source of income. Diversify your income sources, add more to it. Multiple streams of income help a lot and you have to take the decision now or later. The earlier the better.
Start a news business
The truth is, when you learn a new skill, you can start a new business. Learn how to repair android and apple phones and turn the acquired skills into a business venture. Learn how to make and edit videos and start a freelance or start a YouTube channel. There are endless opportunities around us only if we can see them.
Teach kids in your area
In every community, there are kids. Every family wants the kids to do well academically yet, many children find it difficult to meet the demands of school work. Parents seek the services of private tutors for their wards. In China and Japan, for instance, the demand for English teachers in homes and online is on the increase. Such instances create opportunities for teachers and individuals who have the flare to teach and be paid on a part-time basis. If you have the skill, offer it at a fee.
- Apart from the above, you can also
- List a Room in Your House for rent
- Earn More Interest on Your Savings by depositing more
- Real Estate Crowdfunding
- Rent Out Your Car
You will agree that there are more than 10 ways to make extra money in 2020. This article should challenge you to get started and begin to explore the possibilities at your disposal. Increase your income through Productivity and have more Happiness in Life.