Did COVID-19 knock you off your financial footing and wish you had saved more money or found other ways to make money before it happened? Or maybe you lost your job and wonder how you’ll make ends meet.
Fortunately, there are hundreds of ways to make money during the crisis and many from the comfort of your own home. We would like to help you to still make money during the Covid-19 pandemic. So, we’ve listed our top 12 favorite ideas. Use them as they are or as a springboard for your own ideas to make money during the pandemic and beyond.
1. Be a Real Estate Investor
If we told you to invest in real estate then you’d probably laugh, right? Who has the capital to do that right now? But what if you could invest with only a little money? Platforms like Fundrise make it simple. All you need is $500, and you can call yourself a large-scale real estate investor.
The average Fundrise investor earns 8 – 11% returns, and it’s all passive income. You don’t have to worry about doing landlord duties, managing vacancies, or getting the 3 AM phone call that the pipes burst. Fundrise investors build low-cost diversified portfolios investing in a wide range of commercial real estate investments. Truly, you can still make money during a pandemic.
2. Walk or Kick your Way into Stores
It sounds crazy. You can make money by walking into a store? But when you sign up for Shopkick, that’s what happens. Once you sign up, you accept offers to walk into stores and scan products or make specific purchases.
You may also get offers to shop stores online, view offers, and buy products. Also, you earn points for every ‘task’ you complete or ‘kicks’ as they call them and redeem the kicks for gift cards to your favorite stores. While it’s not cash, a gift card is just as good as cash, especially when it’s for stores you shop often.
3. Teach English Online
Do you have a Bachelor’s degree and teaching or tutoring experience? You may make money teaching English to kids online. Using just your computer and a headset, you can teach English with companies like EF English and VIPKid. If you’ve heard about VIPKID, and you’re interested to learn more about it, read our VIPKID referral article to help you get started.
Both companies provide instructions and lesson plans. You must prepare yourself ahead of time for the lesson, though. Teaching English online is a lucrative way to make money online, as depending on your qualifications, you can make as much as $22 an hour from the comfort of your own home.
4. Offer Rideshare Services
Love driving and have some free time? Sign up with Uber or Lyft and offer rideshare services. The sign-up process is simple. You complete an application, submit to a background check, and get your car approved, including proving your car registration. If you pass, you download the Lyft or Uber app and accept ride assignments.
How much you make depends on where you drive and when. Uber and Lyft charge higher rates during peak times, passing the earnings onto the driver. The per minute and/or per mile rate varies by city and number of passengers. You’re in complete control of when you take assignments and where you drive – you choose the rides you accept, putting you in control of your extra money.
5. Rent a Room on Airbnb
Is there a spare room you don’t use? Rent it out on Airbnb and make a few thousand dollars a month. Like driving for Uber or Lyft, you’re in complete control of when you rent out your room and what you charge.
The process is simple – sign up on Airbnb and list your room. Provide as many details and pictures as you can, as that increases your chance of finding renters. You set the rules and decide when to accept renters. Airbnb covers you with property and accident insurance. They also vet the renters before they can use the system. All you have to do is prepare your room and welcome your guests, earning money for your kind gesture.
6. Get Paid to Invest
You don’t have to be rich to invest. With apps like M1 Finance, Acorns, Cash App, and Tastyworks, you can invest with just a little money. In fact, Acorns helps you invest with spare change. They round up your purchases on your linked debit card, setting aside the spare change. Once you have at least $5, they invest it.
Cash App, M1 Finance, and Tastyworks also pay you to start investing. These platforms charge little to no commissions, allowing you to keep most of your earnings. Even if you invest in fractional shares, or just want to try one investment. Tastyworks has a great promotion right now, if you invest $2,000, you get 100 free shares.
7. Walk Dogs
Love dogs? Make money walking other people’s dogs. Many people work outside of the home or go out for hours, while their dogs sit at home. They pay people like you to care for their dogs in their absence.
Create your own business, sending out flyers and social media messages or sign up with Wag and use their large database and target audience to make even more money. The service is on-demand, so you choose when you’ll work. The average dog walker on Wag makes $1,200 per month taking care of furry friends.
8. Offer Freelance Services
If you have a passion and/or skill for digital services, use it! Think of skills like writing, video creation, graphic design, voice-overs, or proofreading, just to name a few. Sites like Fiverr and Upwork offer a listing service where you list your services and what you charge. People buy the services from you, working directly through Fiverr or Upwork.
You use the platforms to advertise your services, set your prices, and handle the administrative work. Fiverr and Upwork collect payments and distribute upon completion. They charge a percentage of your fees, but you don’t have to do the advertising or even administrative work – Fiverr and Upwork handle all of that so you can get right down to making money. They also protect you from non-payment or disagreements with the buyer.
9. Test Products and Provide Opinions
Do you love influencing brands and products? Get paid to provide your opinion and even test products, receiving them for free. Some major brands send you products directly in exchange for your review. You may not make cash, but you’ll earn the product for free. Other marketing companies send you products to test and review in exchange for points. You can turn the points into cash or prizes.
On sites like Toluna, you can answer surveys and test products, increasing your chances of earning enough points to turn them into gift cards or PayPal money. You won’t pay the mortgage on what you earn, but why not earn a little side cash answering questions and/or trying fun products?
10. Deliver Groceries
If you love to shop, some people despise it and will pay you to do it for them. Sign up with PostMates or Instacart and deliver groceries. All you need is the app, a car or other method of transportation, and the ability to shop.
You pick up orders as you want – working only when you can. You communicate with the customer through the app, asking questions while you shop if something isn’t clear or you must substitute an item. Instacart and PostMates pay you a fee, plus most customers tip for the service.
11. Get a Babysitting Gig
Do you love kids? Make money watching them in your free time. Using a site like Care.com, you can get matched with families. Care.com thoroughly vets babysitters, reassuring families that the sitter is safe for their children. This reassurance is worth its weight in gold to parents, which means they’ll often pay higher prices than you could earn advertising your services on your own.
12. Sell your Photographs
Like taking pictures for a hobby? Why not make money on them? You don’t have to take specific photos, just take what you love to take and your photos will sell. When you focus on what you love, the pictures show it, allowing you to sell them for more.
Sites like SmugMug, PhotoShelter, Shutterstock, and iStockPhoto all allow you to list your photos for sale. You set the prices and even the size prints allowed ensuring top quality photos. You use the platform’s large audience to make more sales.