Five alternative ways to make money from home in 2020 – AD

2020 has not been kind to us has it? Please don’t get me started on pandemics, politics or free school meals because I will be here all day but suffice to say that with people losing their jobs all over the place, financially we have probably all had better years. I imagine we all need a few alternative ways to make money from home in 2020 as a result.

Instead of complaining (which I am doing far too much of lately), I wanted to write something that might be of some use to those of us who are tied to our homes for one reason or another and especially for those of us with dwindling incomes. There are alternative ways to make money from home in 2020, you just need to know where to find them. Here are a few for you to consider.

Disclaimer – Not everything in this post will suit everyone so please bear that in mind but it is possible you might find something here that you hadn’t already considered. 

Matched Betting

Ok, before you run for the hills, first of all I would say that if you are the sort of person (like myself) who has zero interest in gambling and can see this for exactly what it is (a way to make money, NOT lose money) then this is something to stop and think about.

Despite the mention of ‘betting’, and the use of betting platforms, matched betting isn’t gambling – that’s because, when done correctly, you can’t lose. 

But what is it?

Matched betting is a way of making tax-free cash using the free bets and promotions that online bookmakers offer. You then use your bets to cover every outcome of an event so, not only does that mean that you’re always going to win, it also means that you don’t need any betting experience or sports knowledge to get involved. This is a legal and safe way to make some passive, tax-free income from home, one which is often discussed on money saving forums and parenting websites. I know lots of people who do this and have made a good chunk of cash in time for Christmas.

To find out more, and to get started for free, visit Team Profit today. It’s quick and simple to sign up and they’re happy to answer any questions or concerns you have before you start. Please make sure you watch all of the tutorials on their website so that you understand exactly what you need to do. 

Sell your skills

We have talked about this on the blog before but if you have a skill then you can sell it. Don’t be shy.

Try sites like Peopleperhour and Fiverr for any online skills you can think of and try sites like Copyfy if you have writing skills. You can build this up in the evening and whilst these sites don’t pay high rates, if you are prepared to work quickly and efficiently, they can be a nice side earner as a way to make money from home as a single parent. 

Home Tutoring

Can you teach? Almost all tutoring is being done online now so if you have Skype / Zoom or similar and you have an ability to teach or tutor, this can be a good side earner. There is a really helpful blog post here that will help you get set up.

Transcribing

Fun fact – I started working life tucked into a cupboard, transcribing for a coroner’s court (less gruesome or interesting than you’d imagine). As a result, I can type quickly and accurately and can make extra money doing so with websites such as TakeNote. If you have a laptop and fast fingers, you can make money doing this too – with people working from home, there is a higher demand than usual for this line of work. 

Social Media 

No, I am not about to tell you to start a TikTok channel but you certainly can make money from home evaluating social media platforms. Lionbridge apparently pay good money to work with users to improve social media sites and if you have the time then this can be a nice side earner.

I dip in and out of all of these income streams as a way to supplement my own wages and they provide a flexible way of earning cash quickly so I would recommend them all if they suit your skill sets. 

If like I was, you are looking for alternative ways to make money from home in 2020, then I hope this was useful.

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