Tips to Increase Your Savings in 2023
During the worldwide pandemic, people have been stressed about a lot of things, including social distancing, lack of entertainment, and financial situation. Even though there are a lot of companies that can give you the opportunity to work remotely, still many workers have lost their jobs.
More to it, it can be more than stressful to lose your main source of income, especially if you had a 5-year saving plan that led to buying a house or paying off student loans.
However, during the lockdown, people have come up with a lot of creative ways to find another source of income online and even increase the amount of their savings. In this article, we will share some tips about how you can do that as well.
Sell Print on Demand Products
Nowadays, you can find a huge print on demand product selection to fit your needs. For example, if you like clothes and fashion, you can easily create your own t-shirt or hoodie line. Or maybe both.
The main advantage of using a print on demand platforms is that you can build a proper business and additional income without large investments. All you need to do is come up with a few designs and choose a platform to sell them on.
For example, you can build a website using a website builder tool or sell your items on the Facebook marketplace. You won’t have to worry about producing, storing, or delivering the products.
Start Building Websites
Building a website can be much easier than it looks at the beginning. Nowadays, there are a lot of website builders and additional tools online that can help you build a representable website without much coding skills.
More to it, during the pandemic, the online business market is striving, and a lot of people are looking for someone who could create a simplistic landing page type website for them.
As you work on multiple projects, you will build your knowledge and become a more experienced website builder over time. However, to make your customers happy, you need to focus on building responsive websites because, according to the statistics, 44% of shoppers use their smartphones to shop or research while in physical stores.
Thinking about the needs of your customers will help you build a great portfolio with a WordPress portfolio template and even bring you some recommendations.
Take Photos for Photo Stocks
Technology has advanced a lot in the past few years. For example, the cameras that we have in our smartphones today can easily take a picture that’s worth selling on photo stock. Nowadays, smartphone cameras create large, high-quality files that can be used for multiple purposes.
Therefore, if you are looking for an additional source of income to increase the amount of your savings, you can use your phone to help you with that.
Before uploading just any beautiful pictures to a photo stock, make sure you perform proper research and build an understanding of what kind of pictures sell the best. You will notice that you can take a lot of pictures at home; such as of your computer, workspace, and similar.
In addition, if you like taking pictures of nature, you can use a print-on-demand platform to create printed posters and sell them on platforms like Etsy. If you have photo editing skills, you can even come up with some interesting photo manipulations.
Look for Freelance Gigs
Depending on the skills that you have, you could participate in occasional freelance gigs. If you have graphic design, content writing, programming, or social media management skills; you can easily make some extra money by browsing such freelance websites as Fiverr or Upwork.
Also, you can find projects to work on by looking for Facebook groups that are dedicated to helping freelancers and companies find one another.
However, if you don’t have any specific skills but would still like to earn some side money as a freelancer; you can work as a virtual assistant. The job varies depending on the company you are working with, but usually, it requires attention to detail and willingness to learn.
The more projects you work on as a virtual assistant, the more skills and experience you will gain; which will enable you to charge more for your services in the future.
Create Educational Content
The demand for online education is quite high. Even if you lack an educational background, it is still possible to make money by picking a niche, collecting information; and creating an online course you can sell on Skillshare, Udemy, or another similar platform.
So long as the content quality is high and valuable; eager learners should be happy to spend their money on your courses.