The recent pandemic has had catastrophic results on many people's jobs. The recent unemployment rate released in June is 11.1% in the United States. Globally, millions suffered from this global recession. Hence, we must begin to adapt and alter our ways of making money, so we can be just as productive after being laid off in the pandemic.
Social Media Management:During this time, it is essential to keep an eye out for any job openings and opportunities that may fall on your radar on Facebook groups or Twitter. There are plenty of small businesses that might need a hand in social media marketing remotely.
Freelancing Work: There are plenty of people around the world who do freelancing work online. Multiple freelancing platforms like Fiverr, Upwork, or Freelancer can help you find paid assignments on a daily bases. Work-related to almost all fields is available, and you can go for the type of work that suits you the best.
Online Trading Business:In case you own a shop or run any small scale businesses, then explore this chance to adapt and bring your work online. Set up a website or use multinational trading platforms like Amazon or EBay to list your products and recover the sales lost due to the pandemic. You can sell all sorts of products on these markets and make great profits during the lockdown.
Stocks:"Stocks only go up!" If you missed out, you should check out Dave Portnoy on Twitter, where he day trades as DDTG. His theory is that stocks only go up, and it is not false. The Dow Jones is reaching a new record every day. Do your due diligence and try it out! A great option to make up for the loss of income during the pandemic is to invest. Investments can be of many different types, but whether you go for short term or long term investments, you could be profiting every day if you find the right market to invest your hard-earned money. Stocks are a great option if you are aware of the market and have experience. In case you do not want to risk any money in the stock market, go for safer investment options like gold, bonds, or real estate.
Self-publishing:Kindle Direct Publishing is not like 2014 with tons of discoverability, but it could still bring in some income. If you have a story inside you, this is the best time to sit down and write it out.
Sell Used Items:Last but not least, if you are in possession of items or things that you no longer need, you can list them up at trading platforms like eBay or thredup to make some money out of them. This is much better than throwing them away. This would also free up space in your home.
This pandemic and lockdown is a difficult time for all of us, and many people are suffering economically and financially. However, if we adapt and explore our options to make money, we can surely get by.