Fight Inflation by Earning Extra Income from Home

income from home

Are you tired of dealing with rising retail prices at grocery and household goods stores? Does the continual increase in energy prices make you want to take on a second job? If so, why not explore the many options available in the online, at-home field? The beauty of choosing a computer-based part-time job is that there’s no need for extra driving or commuting. Plus, nearly all remote positions offer flexible hours and decent pay.

With utility bills hitting record highs and inflation looking like it’s here to stay for more than a few months, hard-working adults are considering their options. Besides earning money via online trading, people are doing things like tutoring high school kids for standardized tests, helping college-bound youngers and their parents find scholarship money, reselling clothing items acquired from local sources, learning and teaching reiki therapy remotely, and assisting unemployed adults to find full-time jobs. Here are details about some of the most lucrative ways to build a second income stream during economically challenging times.

Test Prep Tutoring

There’s a great and ongoing demand for remote tutors who can guide high schoolers through the basics of SAT, ACT, and other major pre-college examinations. In fact, standardized tests are one of the universal factors for US-based teenagers who are headed to college. Whether they want to attend an elite school, a state university, or a local community college, millions of youths want to do their very best on these exams, and so do their parents.

You can take tutor training courses online and become familiar with the modern versions of exams you probably took years ago. Anyone can learn to master the tests and teach youngsters how to build a study program, overcome psychological pitfalls, and hone in on subjects they find most challenging. There are several large companies that hire test prep instructors. Hours are flexible, pay is above average, and teachers can work as many or as few hours as they like.

Online Trading

Online traders can earn a steady income if they follow a few rules and are patient enough to learn the basics during the first few weeks of operating an at-home business. Everything begins by locating a reputable, experienced broker who caters to newcomers. But after clearing that hurdle, it’s imperative to use a trading platform that suits your chosen asset class and style of doing business.

Most traders use the metatrader 4 download page to experiment with the leading and most widely used platform. Be sure to spend time researching and studying the markets in which you’ll be doing most of your buying and selling. It’s a good idea to specialize, at least in the early stages, to acquire in-depth knowledge about a single asset class.

Scholarship Search Service

There are numerous scholarship search platforms available to youngsters who need extra money to cover educational expenses. The challenge for most kids and parents is that the platforms are of varying quality and don’t all do a good job of uncovering unique, new, or worthwhile offers for students from varying backgrounds. Your job as a searcher is to interview clients and discover which kinds of scholarships they’re most likely to qualify for.

Expect to spend a modest amount on advertising for your first customers. But after learning how to navigate the top search platforms, inquire directly with schools about unique offers and grants, and gain the confidence to locate several realistic scholarship offers for each of your clients. Operating a search service can be a rewarding way to earn a high hourly wage doing part-time work.

Clothing Reseller

If you like to scout the local estate and garage sales, reselling clothing, particularly infant and toddler wear, can be a profitable side gig. Most who devote 10 or more hours per week to the endeavor discover that they can bargain with local sellers and buy large quantities of kids’ apparel items at very low prices. After laundering all the inventory, doing a few minor repairs, and photographing each piece, they offer them for sale via online consignments, auctions, or independent websites. Clothing resellers spend most of their time checking out garage sales in their towns, prepping items for sale, and packing them for shipment to buyers. Active part-timers in this field can earn full-time income after they get the hang of the process.

Reiki Therapist

Reiki therapists can work in person or remotely. After the COVID pandemic hit, most professionals began offering treatments via video connections. Newcomers to reiki, which is an energy-based healing method, spend time taking three courses to get certified as practitioners. You can then solicit customers online via healthcare and energy work discussion groups and forums.

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.