Tag Archives: make more money

5 Ways to Diversify Your Income Streams and Make Money from Home

* This post may contain affiliate links.

If you consider yourself even the slightest bit interested in personal finance, you’ve heard it before — diversify your income streams. Whether you have a traditional 9-5 or work for yourself/freelance, new sources of income that can be made from home are often the goal. Especially if you don’t wanna tack on extra commutes (*raises hand*). ESPECIALLY if you’re introverted (*raises both hands*). In our super online world, there are all kinds of ways to make money without leaving your house, but finding the options that bring you joy can sometimes be tricky. 

Read on for some ideas that could help you boost  your income without feeling like too much work…

Turn a Hobby Into a Side Hustle 

If you have a hobby that you love and want to hone, consider how you might make money by turning this hobby into a side hustle, or even a full time gig. This is a great way to pull in a bit of extra cash along side a full time job. After-all, you’re already taking part in whatever this hobby is in your free time, right? Like to make cakes? Start a baking blog. Into scouting for vintage jewelry? Start an Etsy store. Painting savant? Start teaching an art class once a week. Even if you’re brand new to a hobby there are so many resources online to help you grow a side hustle. For instance, here’s how to become a microgreens farmer, a certified pet sitter, and an extra in tv and movies. Pay close attention to what makes you happy — whether that’s growing plants or hanging out with kittens or standing in front of a camera — and do more of it. Then, consider whether this could be a lucrative business option for you.

Use Your Expert Knowledge To Help Others

If you have substantial knowledge in a subject, you could use this knowledge to help others. How? Become an online consultant or even a tutor. There are lots of sites out there for you to market your expertise and look for clients. If you’re willing to do a bit more work upfront, consider creating online courses on your favorite subject matter. If you already have an online following or email list, you can easily send out info about your new class. Without an embedded audience, there are great websites like Teachable and CreativeLive to consider. Sharing your knowledge and expertise can feel great when you’re talking to people who really want to learn!

Create Content Others Can Enjoy

Many of us enjoy creating content for ourselves. You have full control over the message and you’re able to feel involved with the larger community of whatever your niche may be.  Some people enjoy writing Ebooks, others like writing blogs, some enjoy making videos, the list goes on. It’s now easier than ever with sites like Upwork and Fiverr, to put yourself out there and use the skills you’ve acquired making content for yourself and do it for others. This could be as simple as writing a blog post or two for a website you love or designing cool slides for an influencer’s Instagram stories. If there’s an aspect of content creation you love, there’s definitely a way to monetize that! 

Take Pictures

If you love taking pictures and consider yourself skilled with a camera, you could sell your photography to stock image sites. It can be a little bit trial and error to figure out what sort of images are accepted and do well on these sites. However, I’ve seen lots of folks make a killing once they hit a nice little rhythm. Even if you’re waiting to get accepted by the bigger sites, smaller, free stock image sites often offer incentives to photographers, like being able to link to a PayPal or Ko-fi account. That way, if someone really loves your image they can thank you for letting them use it. If you’re already walking around with a camera all day practicing photography, keep these stock image sites in mind. 

Clear Out and Sell Your Unwanted Stuff

There’s no feeling quite like clearing out all of your unwanted stuff and then enjoying the free space of a decluttered home. Once you have everything that you no longer want, you can use online platforms to list and sell these items. One person’s trash is another person’s treasure! 

What am I missing Do you have any ideas for making money from home that you think could spark joy?

Advertisements