Gone are the days when people slogged 8 straight hours, for 5 days a week and sometimes 6 days a week, 12 months a year, to earn money. The way of making money has changed significantly over the last decade.
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Now, there are many individuals who make a considerable amount of money just by sitting at home. This may not be the traditional way of making money, but sure is effective and gaining popularity these days. Making money by sitting at home is not as easy as it sounds. This requires immense talent, patience and willingness to do multiple jobs at once. Following are the 5 smart and easy ways to earn money from home:
1) Start A Blog Or A Video Channel: We are living in an era in which almost all youngsters want to start a blog or video channel about something or the other at some point of time. Information, experience and guidance are extremely critical for self learning. But, these are rarely found and are invaluable. In this era of artificial intelligence AI, video blogs also referred to as ‘vlogs’ are in demand.
Vlogs are highly penetrative and are easily transferable, which allows you to earn a good amount of money.
SEE ALSO: Earn Money From Home
You can start your own vlog or blog which is dedicated to a certain field. You can give your opinions, share experiences and review products. Your earnings directly depend on the number of followers or subscribers to your channel. Logan Paul from USA earns a huge sum of money through his vlogs. He can be idolized by those who consider vlogs as a viable source of money.
2) Look Towards Capital Markets: This requires in depth knowledge on capital markets. Capital markets are not everyone’s cup of tea. The number of people who gain by trading in capital markets is way less than the number of people who suffer losses. You must remember the fact that capital markets work on the principle of ‘someone’s loss is someone’s gain’. Investing in capital markets with no or minimum knowledge is equivalent to gambling or speculation.
Capital markets have the potential to offer returns as high as 80% over a short period of time, which is more than enough to cover monthly expenses. But for this, you must have in depth knowledge on capital markets. Explore different stocks and diversify your investment to mitigate losses. You can reinvest the returns earned to increase returns.
3) Find Mistakes: There are a lot of individuals who get pleasure by spotting and commenting on other’s mistakes. But, little do they know that this so called skill of finding mistakes yields money. Software giants like Facebook and Google pay people who find bugs in their operations, a whopping sum of $1,000 to $10,000 which roughly is around Rs 71,000 to Rs 7,10,000! Bugs could be found on Facebook while scrolling through your newsfeed, chatting on messenger and posting updates. You will have to closely observe the changes.
Software giants are open to criticism and appreciate people who find mistakes with a huge sum of money in their operations.
4) Be A Reviewer: Groups of friends review movies, products, services and what not among themselves? If there is a new movie released, you would ask for a review from someone who has watched it. You decide on whether or not to watch that movie based on the reviews you get. Being a reviewer of movies, products, online games, organizations, websites and so on, yields a lot of money. There are organizations that pay for reviewing certain products. You can take this up as a part time profession. This can be easily done in leisure time. You get entertained by watching movies, web series and so on and at the same time you get richer by writing reviews on them.
5) Sell Your Services: Each individual is gifted with a skill at which they are really strong. It’s up to you to discover that skill. This skill may be writing, designing, painting and so on. Get stronger in that skill by gaining in depth knowledge. Once you feel you are impeccable, you can start selling your services.
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Though there are people who do this on a part time basis, you can take this up full time, once you get the desired number of service seekers. You need to be patient to earn a sizeable sum of money out of this.
SEE ALSO: Easy Ways To Earn Money From Home
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