8 Ways to Supplement Your Income with the Skills You Already Have

Even if you already have a full-time job, finding a way to make some passive or active income on the side can foster some legitimate ways to make extra cash. There are many ways you can create a safety net for you and your family by using skills you’ve already used in the past or are expecting to learn in the near future.

Determine Your Skill Set

First, narrow down a skill that you have professional training in. This could be from an apprenticeship trade (electrical, mechanics, sheet metal), a university degree (tech, engineering, psychology), or from skills you learned as you grew up (art, writing, sculpting). If you can’t narrow it down based on that, think of a skill you’re well known for.

Even if you don’t have a degree in certain areas, you can definitely share advice based on your own experience. For example, someone without an accounting degree or experience in the banking sphere can talk, write, blog, or podcast about paying off debt, living paycheck to paycheck, or how to survive early retirement in a post-COVID-19 world.

Think about how many people have been in your position. Was it challenging to find information on a topic that you had to learn yourself? There are likely thousands of people who want to learn from you, an expert, in a given topic.

Best Ways to Supplement Your Income

Using their knowledge, a personal trainer, for example, can offer macro calculation services, become a health and wellness consultant for corporations, and start online coaching courses. There are many possibilities; you just need to think outside of the box.

Remote Work from Home

Probably the easiest way to make money quickly, finding a legitimate work-from-home job will allow you to do tasks on your off-time. Many positions can work around your existing schedule, and you may even find better opportunities than your current one. Try websites like Power to Fly, SolidGigs, Woking Nomads, and Jobspresso as they have a good track record.

Create an Online Course

As long as you have some sort of social media presence, you’ll be able to sell an online course. However, since creating and launching a course is complicated, I recommend reading this article for more information. With all the free time you have due to lockdown, you can launch your course in a few months.

Start a Blog

Introverts will benefit from starting a blog, even if you don’t make any income immediately. Using your skills, you can coach others on how to do a specific task. Creating a blog can take as little as a week, but it will likely take you a month if you want to start making content. You can earn money through affiliate marketing, sponsored content, selling products, and ads.

Start a YouTube Channel

If you’re interested in getting your ideas out on a video platform, try YouTube. Although it’s unlikely you’ll become a massive success with millions of subscribers, you don’t have to be to make money. You only need 1000 subs and 4k hours of watch time to become a partner, which is easier than it sounds. You’ll start making at least 100 dollars a month in no time.

Get a Real Estate Licence

Getting your real estate license requires you to take a few courses, pass a test, and obtain sponsorship from a real estate brokerage. After that, you make your own hours and sell as many homes as your desire. You do need to have excellent communication skills and some degree of marketing knowledge. If you have that, you can make a decent living.

Start a Coaching Business

Have a passion for teaching or guiding others? Becoming a coach can be really fulfilling because you’re helping others achieve their highest potential and to live extraordinary lives. If you have the drive and determination to be a coach, you will likely succeed. Pick a topic you’re already good at, whether it’s public speaking or business, and teach that to others.

Start a Social Media Management Company

Writing copy is its own skill, but if you’re looking to step up your game, you can try your hand at managing Facebook, Pinterest, or Instagram business accounts. There are plenty of people who don’t have enough time or aren’t knowledgeable about the social media sphere. You can use your talent to help other businesses be more successful and sell more products.

Donate Blood Plasma

Donating blood plasma not only saves lives, but it can net you $400 a month. As a positive, you don’t need any specific skills to donate blood. As long as you’re a healthy adult, they won’t say no to your donation. Just make sure you aren’t squeamish around needles or feel faint after giving blood because you won’t be able to donate.

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