The beginning of a new year usually makes people stop and reassess their lives in general. Many people make various New Year’s resolutions in hopes of making the new year more successful than the previous one. Most commonly those resolutions revolve around improving physical and mental health. However, another very common resolution includes improving personal wealth.
Since there are virtually so many ways you can nowadays make more money, the only thing left is to choose which way you want to achieve it. With that in mind, here are some of the best ways you can make money in 2020.
Make home videos
Initially, this may sound a bit weird. However, if you manage to make an interesting video that has the potential to drive some engagement you can really make some sweet cash. All you will need is a good camera, a fun idea and a YouTube channel. The videos you choose to make don’t need to be particularly long and you don’t need to be a professional editor. What’s interesting is that currently some of the most popular videos on the platform are actually vlogs with minimal to no editing at all.
Podcasts also started gaining in popularity in recent years. This is, it is estimated that their popularity will only continue to grow. So, if you feel like you have an interesting personality and a unique take on some of the most trending topics, why not share it with an audience? For starters, you will only need a good recording software and a working microphone – there’s really need to go big right from the get-go. However, once you reach more success – and greater revenue – you should start reinvesting some assets in your podcast equipment.
Try your luck
If, on the other hand, you really don’t feel like becoming a sort of an online celebrity, you can take things a completely different route. For instance, if you’re someone who enjoys playing online games, do know you can also earn cash by doing just that. As an example, there are so many different types of online casino games you can try out and earn some money is Lady Luck is on your side. The best thing is that the offer is so diverse you can easily find something that’s right up your alley.
Make homemade goods
Furthermore, if you have exceptional kitchen skills, you can make home cooked or baked goods instead and sell them to your local audience. Like any modern business, you will need to set up a business website and promote your offer to anyone interested. Since so few people nowadays actually have the time to prepare home cooked meals and baked goodies, chances are your business will blossom in no time.
Turn your hobby into profit
The internet offers so many opportunities for people looking to make some extra cash. And the best part is that it’s such a wide creative hub that almost anyone can find something suited for their personal taste. So, for instance, if you’re a passionate photographer, but you’ve only ever taken photos for your personal enjoyment, do know that you can nowadays monetize on this hobby. There are numerous stock photography sites that are always looking for new shots. Once those sites manage to sell your work or it gets used in some publications, you can expect some revenue coming your way. Of course, the more you decide to reinvest in thins hobby-becomes-business, the greater the revenue you can expect.
Give blogging a shot
For those people who like to write about anything and everything, the age of the internet brings forth another interesting career option – blogging. So, if you’re particularly passionate about something and you feel like you can offer invaluable insight into matters considering the niche of your interest, you should consider starting your own blog. Once you manage to find the appropriate platform for your blogging efforts and generate a sizeable following you can look for different ways to monetize your blog. You can do this by either accepting ads on your blog or joining an affiliate program that corresponds to your niche.
Become an online reseller
Finally, you can earn some pretty penny by reselling things online. However, in order to be able to start off, you will need to first invest some money into your new business. You can resell virtually anything online. But, lately, it seems like vintage clothes and branded goods are in high demand. So, what you can do is hit your local thrift stores in search of branded clothing pieces, accessories and even shoes and sell them on websites, such as Poshmark. If clothes and fashion are not your jam, however, you can hit your local flea markets and be on a lookout for anything you can easily resell for a somewhat bigger price.
Living in this day and age leaves plenty of opportunities for anyone to earn some extra cash on the side. The best thing about the aforementioned business ideas is that all of them can easily be done as a side hustle and none of them requires a full-time commitment. So, if any of these ideas appealed to you – give them a shot and enjoy boosting your personal finances.