The COVID-19 pandemic has taken a toll on the finances of millions. Many people have been laid off or have had their pay cut as a result of the economic devastation. Those in the event planning, restaurant, and entertainment industries have taken a huge hit because of the restrictions on mass gatherings, and these trades heavily relied on people converging in one area to achieve optimal earnings.
If you have been badly hit by the recession, don’t fret; there are a lot of ways you can get some extra cash without depending on a steady paycheck to see you through. Here are some methods you can try.
A low interest loan
If you are in need of emergency money to get you through a couple of days or weeks, there is a way you can get cash quickly without having to go through too much bureaucracy, and that is through online title loans. You can secure these via the internet, and get approval as quickly as within the day. The best part is you can continue using your car while you are on contract.
Sell items you no longer need
This hits two birds with one stone – you get to clean up, and you get extra cash while you’re at it! There are bound to be things around your home that you don’t need anymore. Gather them all and put them up on selling sites so you can get rid of them and earn some money while you’re at it. You can price your items reasonably so other people who are in need won’t hesitate to take your offer. In the process, you are also able to help those who need essential items who may also be tightening their financial belts. As they say, one man’s trash is definitely another man’s treasure.
Rent your car out
There isn’t much movement happening right now due to stay-at-home orders, so there is a possibility that your car is just sitting in your garage. You can put your vehicle up for rent so that anyone who may need it can borrow from you with a certain fee. Make sure you sanitize your car properly before and after each use. This is a great way to help others and make extra money on the side while you’re at it.
Monetize a hobby
Is there a hobby of yours that could possibly be of service to another person? Maybe you are good at making websites. You can offer your services up to e-commerce business owners, especially now that everything is migrating online. Maybe you are a visual artist. You can be sure that there are several people who need to make digital flyers of their home businesses or other hustles. If you are proficient in writing, you could offer up copywriting services for those who need their social media pages managed, or those who need to put witty captions on their social media posts. Check with your friends, put your services up on outsourcing sites, and who knows – you may find a legitimate way to earn some money.
The pandemic and the resulting quarantines may have felt limiting in the beginning, but there are ways you can adjust and turn the situation around to make it work for you. Try out these band aid solutions and see if it can evolve to provide you with a good source of income in the long run.