For all those who believe that their spending habits aren’t as big of a problem as their lack of adequate income, there are several things that can be done to improve the latter. Selling assets and downscaling when it comes to your lifestyle habits are viable, yet, unpleasant choices. Instead, you might want to try finding a part-time job. Of course, in 2018, this doesn’t have to mean finding another office to moonlight at but merely capitalizing on your own digital skills and passions. Here are five viable suggestions you might want to take into consideration.
If you find pride in your language skills, believe yourself to be a great web developer of trust in your understanding of digital marketing, you can always try to monetize on these skills by freelancing. The advantage of this lies in the fact that you can do this as a side-project, next to your full-time job and that you can work as much as you want or need. What this means is that you can take one or two clients each month and then take a break until you feel like you’re up for more work.
The next benefit of freelancing lies in the fact that you’ll be building your own portfolio and online reputation as you go. Imagine a scenario in which you work that same job at a professional web design agency. All the work you do gets attributed to the company or a department. On the other hand, if you decide to work on a freelancing platform, the more positive reviews you get, the more chance you have to increase the cost of your services. In other words, instead of building someone else’s reputation, you stand to make a future for yourself.
Another thing you can do part-time is to try your hand at online trading. Day-trading on the forex market is something you can do with modest means and with the help of forex leverage, you, stand to earn more money than you ever could by investing in stocks. Apart from being efficient at boosting your income, online trading is also quite dynamic and fun. In time, if your online trading efforts become profitable enough, you can even quit your day job and become a full-time forex trader. Alternatively, you can merely use this method as another way of boosting your investment portfolio.
Start a blog
Sometimes, just having a passion or a strong opinion on a topic may become profitable skills. We’re of course talking about the blogosphere. Keep in mind, however, that the career path of a blogger is the one that needs to be taken in small steps. Sure, posting a viral piece of content may give you your five minutes of glory, however, what happens when your audience realizes that you have only three more posts on your entire domain? How long will it take it for them to go through all of this? To make the long story short, in order to achieve success as a blogger you need to be sure that you can provide your audience with a satisfactory quantity and quality of content.
Become an online tutor
The next thing you can do is become an online tutor, which is a career choice that you can take in several directions. First of all, you can get an employment in an agency and later, once you get confident enough, you can start looking for clients on your own. For this, you either have to possess a certain skill that people are looking for or at least teach foreigners about your native language and culture. Either way, by working independently, you will earn a bit more, yet, it’s usually worth starting through an agency in order to adopt those business practices.
Earlier on we talked about blogging and this too is something you can combine with this trend. Namely, if you aren’t comfortable holding one-on-one lectures, you can simply start a YouTube channel or a blog with educational content. The reason why this can rightfully be considered a compromise between the two is due to the fact that while you aren’t directly tutoring anyone, you’re still earning by transferring your skills to others.
Every person who has ever lived has a story to tell. On the other hand, never before was it so easy to sell this story than it is today. Through programs such as Amazon Direct Publishing, you can upload your story without investing a single dollar in it. Moreover, you can download free stock images and turn them into adequate covers with the help of Photoshop, or even further reduce your costs by using a free book cover maker. With $0 investment, by selling just one copy of your book you will create a positive ROI.
At the end of the day, these are just some of the things you can do in order to boost your budget. Aside from this, you can also become an Uber driver or a part-time pet-sitter (both can be done via an app). All in all, where there’s a will, there’s always a way and it was never before easier to start moonlighting.