Want to make money without leaving home during the coronavirus pandemic? Or do you want to figure out ways to make money online so that you can fund your travels when coronavirus subsides? (Note that the following article was published in 2020; to see the latest version of this story with even more exciting ways to earn money, go to How To Make Money Online In 2021: 21 Easy Ideas.)
International Living—a website dedicated to helping people live and travel abroad—has issued an insightful report on 50 ways to make money in retirement. The report is aimed at retirees who want to fund their lives overseas, but here’s the secret gem: Hidden between the advice on opening a gallery, becoming a tour guide or joining the craft beer revolution, you’ll find smart advice that anyone can use to make money online. “No matter your skill set, no matter what you do now or did in the past, there is an option that will align with your own skills and passions,” the InternationalLiving.com editors explain.
According to Jennifer Stevens, executive editor at International Living, the list is vast, but it isn’t comprehensive. “We created it to give people a sense for the scope of opportunity out there,” says Stevens. “We’ve written lots about the different ways ex-pats abroad fund their lives. Sometimes it’s with online work—like writing or drop-shipping. Sometimes it’s in-person services they provide, from running a consignment store to wedding planning. Certainly, online opportunities provide great flexibility and portability. But it’s worth pointing out that business owners in many places tell us that it’s much easier to start a business abroad because it’s often less expensive and less bureaucratic than it is at home.”
There are many reasons why people want to make money online. Besides being able to work from home with a flexible schedule, you can reach a global market with a low startup cost.
Some methods of making money online don’t even require creating products or holding inventory.
In addition, due to the COVID-19 pandemic, more people are shopping online. As a result, more businesses are joining the eCommerce industry.
If you want to learn about online money-making ideas, this article is for you. We will discuss 35 ways to make money online – 10 quick methods and 25 strategies for long-term earnings.
Though it might seem like an unusual time to start a new career, Jeff Opdyke—the Prague-based editor of The Savvy Retiree and contributor to International Living—says that “it’s up to us to learn how to take back control of our own lives, of our lifestyles and our personal happiness.”
Opdyke also points out that for all the damage coronavirus has wrought and all the damage still to come, it might have some positive outcomes when it comes to the work world. “What this crisis is demonstrating is the capacity for so many workers to untether themselves from cubicles and work from home—or wherever,” he says. “In the cold, corporate calculus of a post-corona world, I think we’re going to see an increasing number of visionary companies realize that there are vast cost savings to be had in letting workers work from wherever. There’s no need to pay the costs of running a cubicle farm when workers already have places they can work—their home, a coffee shop, wherever. And I think we will see increased productivity from this because workers will be motivated.”
So the lesson here is that while you might be working from home now, this might eventually translate into living and working abroad—and living the dream. Opdyke’s advice? “Be as productive as you possibly can. Be over-productive. Step up your game so that when all of this over, you have some potential leverage to talk to your bosses about trying a work-at-home life. That’s assuming, of course, you like your work-at-home life. Not everyone will. But if you feel the freedom those of us working remotely feel, then now, amid this crisis, is a great opportunity for you to shine so that bosses take note.”
So whether you’re looking to live in a foreign country some day, just want to work from home in the current coronavirus environment or want to restructure your career to be able to work remotely forever, read on for 17 ways you can make money online. It’s valuable information to have during this current economic crisis—and beyond.