COVID-19 Crisis And How To Make Money

COVID-19 Crisis And How To Make Money

COVID-19 crisis on the forefront of everyone’s minds at the moment, and rightfully so. Life as we had previously known it has ceased to exist leaving only uncertainty and fear for millions of people worldwide. COVID-19 has proved to be not only a risk to people’s health but has also had a detrimental effect on the world’s economy, with most countries expected their economy to lose at least 2.4% of their value throughout the course of 2020.

 

While the effect that this crisis has had on the world economy is daunting it is actually the effect that it’s had on an individual level which is truly terrifying. Individuals worldwide now find themselves facing potential unemployment and economic uncertainty which in term can bring stress and severe mental health issues such as depression and anxiety. It is therefore important that we all do as much as we can during these COVID-19 crisis times and to find other avenues to help us save and make money. In this article, you will find helpful tips and tricks which will help you save and make money during this crisis as well as ensuring that you remain mentally healthy.

COVID-19 Crisis And How To Make Money

Government Schemes and Grants

Take the time to research Government Schemes and Grants that are available to you! – Due to the worldwide nature of this crisis, many Governments have implemented schemes and grants in order to help those of us who may now find themselves unemployed or temporarily ‘let go’. If you’ve recently been made unemployed then you may be entitled to some form of redundancy pay, while those of us who are only temporarily ‘let go’ may be entitled to some form of ‘Furlough’ pay which means that the Government might pay up to 80% of your usual income.

While this isn’t necessarily a way of making money, it is a quick and easy way of ensuring that you will still have access to money that you are entitled to. A simple Google search will help you identify what you may or may not qualify for, however for more information it is a good idea to check your Government’s website.

Get rid of all your unwanted clothes or ‘Junk’! in COVID-19 crisis On eBay, Depop, and Webuybooks

Do you have a wardrobe full of old clothes and shoes? Or maybe you have a bookshelf full of old books that you no longer read. No matter what ‘junk’ you have lying around, now is definitely the time to start sorting through it and selling any items you no longer use. There is now a huge demand online for old or vintage clothes so therefore what you deem as ‘unwanted junk’ could actually be quite a lucrative source of income.

There are a lot of different apps and websites which are free to use that provide people a platform to sell their unwanted items. If you think you have any unwanted items in your house that may be worth selling then why not take a look at some of the ‘Apps’ and websites that are available to help you sell your ‘junk’:

  • Depop’ is an app that is currently available to download for free on both i0S and Android and is easy to use online marketplace specializing in vintage clothes, however, it can also be used to sell old phones, watches and other pieces of technology.
  • eBay is another example of an online marketplace where you can sell any items that you may no longer have a use for. You may also be interested in using the auction function of the website that lets you put up items for auction so that interested buyers can bid on your items.
  • Webuybooks’ is a website that can be used to sell any old CDs, games or DVDs that you may have lying around the house.
  • Music Magpie is another online website that specializes in buying CDs, DVDs, and Games.

Use the spare time afforded to us all at the moment to clear out your house and you may just find that there are plenty of items that you have forgotten about which will help provide you with a source of income.

Get Paid to Answer online surveys that pay During COVID-19 crisis!

Are you bored of passing your day watching Netflix or Television? Now could be the time to start completing online surveys – and getting paid to do so! There are a lot of websites that now offer members of the public money and other benefits in exchange for answering quick and easy online surveys.

While the reward for completing these types of surveys may be relatively low in terms of money, they require very little effort and can be easily completed while sitting in front of the television. Websites such as ‘Swagbucks’, ‘Survey Junkie’, and ‘Life Points’ are all examples of easily-accessible websites which you can utilize to bring a little bit of extra money into your bank account.

write online articles and get paid

Have you always had a passion for writing? If so, then now could be the time to utilize that passion to make money online. It is important to realize that this is a very competitive environment, and therefore a lot of online writing jobs don’t pay. However, these jobs can be used to gain experience and develop your writing skills in order to obtain jobs that do pay. If you are new to writing then it is a good idea to join Facebook groups and online forums that may offer work to aspiring writers in order to build up your portfolio.

These jobs may vary from creating content for businesses to writing articles for online blogs. If after completing a few jobs you realize that this is an area that you would be interested in exploring then you can start submitting articles to paying websites. These websites include:

  • ‘Income Diary’ – A website that focuses on making money online and will pay from $200-$500 for accepted articles.
  • A Fine Parent’ – A website specializing in parenting experiences that offers up to $75 per article.
  • Listverse’ – An online writing website that will pay up to $75 for accepted articles.

There is no better time to finally get into writing than during lockdown, so if reading and writing have ever been an interest of yours then it might be that passion and the spare time available to you into an extra source of income for you and your family.

Get Rid of Unnecessary Subscriptions!

Due to the COVID-19 crisis, many of us now are facing the uncertainty that unemployment brings and as a result, are now looking for new sources of income, it is important to not overlook the importance of being smart with the money that you do have available to you. Now is the time to start being careful with your money and while some of you may be benefiting from reduced daily spending it is important to ensure that your money is not being wasted in other ways.

One of the easiest ways to save money during the COVID-19 crisis is by simply getting rid of subscriptions that you no longer benefit from. Now is the time to start looking at your bank account in search of subscriptions that you may longer be using, but still may be getting charged for. These subscriptions can be in the form of:

  • ‘Apps’ – Do you have a subscription to an ‘app’ on your phone which you used to benefit from but now no longer use or have?
  • Streaming Services – Whether it be ‘Amazon Prime’ or ‘Netlflix’, these subscription services may be taking money out of your account on a weekly or monthly basis despite the fact that you no longer use them.
  • Magazine Services – We have all been guilty of subscribing to a magazine that we used to love, however now when it arrives it never gets looked at.

If you can relate to any of the above scenarios then now is definitely the time to do a banking ‘clear-out’ and stop spending money that no longer benefits you.

These are uncertain times for everyone, and while some may still have secure jobs and income, this is not the reality for everyone. It is therefore important for us all to realize that this doesn’t have to be the case and that by following the simple steps above we can start to benefit from the range of online services available to us to help bring in some extra income during this COVID-19 crisis.

Suggested Read: China Coronavirus Cover Up:15 Reason Why Everyone Feels That China Is Responsible For Massive Pandemic

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