Working from home has become part of our everyday life. Since the onset of Covid-19, which forced companies to rethink how their workforce operates, things have shifted significantly.
Now, over two years on from the start of the pandemic, many of us are home at least some of the working week. In fact, by February 2022, 84% of workers who’d been working from home because of Covid-19 said they planned to continue to work from home for most of the week.
Home working is the ideal opportunity to set up a side hustle. With the cost-of-living crisis affecting everyone right now, many of us are looking for ways to make extra money. And for many of those who pick up income through a hobby or other venture, it can become possible to take this side project and make it a full-blown career.
If you’re considering your options, read on for some home working ideas.
Why work from home?
We’ve already seen the benefits of home working in the last few years. It opens up the door to flexibility and allows us to be more productive – especially as we’re not having in order to commute to get started with work.
Working on a side hustle from home is ideal as you can work on your own time outside of your day job. This is especially advantageous if you have a hobby and want to explore the idea of earning money from the skills you’ve picked up.
How to make money from home
So, how can you make money from working from home? If you’ve not already got a hobby that could be transformed into a money-making opportunity, here are some ideas to get you started.
Some freelance work can easily slot around your day job from the comfort of your own home. If you’ve got a keen eye for poor grammar, you could try your hand at charging for your proofreading abilities. Or maybe you’re skilled in the world of social media and can offer your services as a consultant? There’s plenty of freelance work that can be done from home.
- Trading and investing
Have you always wanted to dabble in the markets? Technology now allows you to access your trading account wherever you are in the world. All you need is a good Wi-Fi connection and some rehearsals using the demo options before you go for the real thing.
You might opt for trading forex, which allows you to profit on changing currency values on the foreign exchange market. Alternatively, you might opt for investing in stocks and shares. These can both be good ways to add to your income and increase it – just be wary of the risks involved before you begin.
- Selling items
Many people make money using accounts like Depop and eBay to sell their wares. For some, what starts out as a way to declutter becomes a fully-fledged business operation, as they begin to buy in bulk and sell for a profit.
This can easily be done from home. The only thing to be aware of is keeping track of what you’re selling and meeting promises to get items to people when you say you will.
What business enterprises will you try from home? Do you think you could turn your side hustle into your day job?