Making Money During Quarantine: 7 Great Ideas
The Wealth Gang team writes about financial information, passive income ideas, apps, programs, cash management tools and other wealth gadgets that we think you might want to use or learn more about. Sometimes, we write about products, services or items that might be associated with affiliate partnerships. In these instances, we will earn a small percentage of the revenue from sales. There is, of course, no cost to you.
Thank you for all your support! Without you, we could not keep this site running. Gang Gang!
Over the last few weeks, coronavirus has spread rapidly. As a result, governments all over the world are enforcing strict social restrictions to prevent its spread. From Rome to London, from Moscow to Madrid, people are being told to stay inside. Passive Income Ideas have put together this Making Money During Quarantine post.
For many of us, this is a hugely stressful time. People have lost their jobs and fear they won’t be able to support themselves. However, being at home doesn’t mean you can’t make money. Here are seven creative ways of making money while in quarantine.
Complete Online Surveys
Market research is big money. In fact, many companies are willing to pay just to hear your opinions. So, a great way of making some pocket money is taking online surveys. Surveys will ask you questions on everything from your pets to your favourite crisps. Doing these surveys won’t make you a millionaire but you can expect to make £3 – £5 per hour. Not bad when you can do it with Netflix on in the background.
Here are some of the best companies:
Branded Surveys: https://surveys.gobranded.com/uk/
Quarantine is a great time to go through your providers and check if you’re really getting the best deal. Whether it’s gas, insurance or your mobile phone contract, there could well be a plan which is not only cheaper than your current one but better suited to your lifestyle. Thanks to comparison websites, this has never been easier.
Here are some great sites for switching providers:
Compare the Market: https://www.comparethemarket.com/
Go Compare: https://www.gocompare.com/
Do Some Freelance Writing
If you have a gift for the written word, freelance writing is a good way of making some extra cash while stuck at home. There are numerous websites which allow you to set up a profile and apply for writing contracts. Fortunately, there’s a huge demand for writers of all sorts. Whether you’re best at blog posts, academic essays or even business proposals, your skills will be put to good use.
Here are some of the most popular freelance writing platforms:
Become a Bicycle Courier
Being a courier might be more physically demanding than sitting at your laptop. However, if you like the great outdoors and want to make some decent money during quarantine, it’s an excellent option. Due to Covid-19, people are minimizing their time outside. Consequently, there’s huge demand for couriers who can bring food straight to your door. Companies such as Deliveroo and Uber Eats have begun a recruitment drive, offering up to £11 per hour plus commission. Whether you have a car, moped or bicycle, they’re looking for couriers using means of transport. Not only would you be earning good money, but you’d also be contributing to the fight against coronavirus.
Here are some companies that are hiring:
Uber Eats: https://bit.ly/2QKfAkq
Clear Out Your Wardrobe
Self-isolation is a great time to do some wardrobe admin. Why not sell those ballet shoes which you’ve never used? How about seeing how much you can get for that jacket you got for Christmas? Fortunately, here at Passive Income Ideas, we’ve already got you covered.
Check out our guide on how and where to sell your clothes online: https://wealthgang.com/wardrobe-into-wonga/
Teach English Online
Due to measures brought in to combat Covid-19, over 300 million children are out of school. Step forward, online tutors. Online tutoring is already a huge industry and it’s only set to grow over the coming months. Essentially, you use the webcam on your laptop to give lessons to kids from all around the world. You can tutor in any subject for which you have expertise or are qualified to teach. Particularly lucrative is teaching ESL (English as a second language). To teach English online, you’ll need TEFL certification. You simply sign up, undergo an interview and then do some very brief training. Then, you’re ready to start teaching lessons. Many of these platforms pay up to £12 per hour. Furthermore, you can choose when you teach so you can fit the work around your daily schedule.
Here’s a list of some of the best online tutoring platforms:
Check Your Expenses
If coronavirus means you have time off work, you can finally get around to all those odd jobs you’ve been putting off. One of these should be checking your expenses. Begin by writing up five categories. We recommend rent, utilities, food, leisure, transport and any others you can think of. Then, go through your bank statements from the last three months and sort each one of your payments into those categories. This is a great way of working out where you’re overspending and coming up with a future budget plan. In the words of Benjamin Franklin: “Beware of your expenses. A small leak will sink a ship”.
If all the above fails, you could sell toilet roll….