In most places in the Philippines, home quarantine has been in effect for over a week (perhaps more for some). For the first few days, you probably enjoyed staying home, binging on your favorite Netflix Korean dramas and YouTube channels. However, as days go by, you are getting more and more bored and worried. Perhaps you are concerned about getting the dreaded virus, especially if there are a few PUM's in your neighborhood, but something else is more worrisome-money. You may be asking yourself" How to earn money during COVID-19 home quarantine?"
Since we all appreciate the extension in payment of taxes, bills, and even loans provided by the different banks and government agencies, the fact remains-by the time the quarantine is over, so will our finances. It is also likely that we will run out of money before we can go back to work again! Like the widespread internet, the meme goes, "we won't die of the virus, but we'll die of hunger." What can you do to earn money while staying at home?
When severe limitations are in place that don't allow you to do traditional work, it's time to try something new. You are already out of your comfort zone, stuck in the four corners of your home, so why not go a little bit further and try something you’ve never done before? You may read more updates about taxation.
We've put together seven ways you can start paving the way for future income while you are at home. You may have heard about them before but brushed them aside, but now that you have nothing 'productive' to do, why not give them a shot?
7 Ways How to Earn Money During COVID-19 Home Quarantine
1. Start your own YouTube Channel
Think about it-how many hours have you spent daily watching nonessential YouTube videos just to pastime? Now think about this: instead of watching other channels, why not create yours? With all the time in your hands, you can quickly start a channel about something you are passionate about. Just don't make the mistake of jumping into the water without having a plan in mind. Remember, your ultimate goal is to earn money. Here are some useful tips to get started:
- Do your research. There are hundreds of beginners guides out there on how to get started on your YouTube channel success- take time to read them. (You don’t have anything better to do after all).
- Put together your equipment. In the current situation, it may not be possible to invest in high-end video equipment (you can hardly afford rice), so stick with the basics. All you need for now is a smartphone with reasonable video quality, a selfie stick, and a microphone. You may also need a simple video editing software to edit your videos.
- Find your inspiration. Remember that earning money from YouTube takes time and effort. If you are to get there, you need to be passionate about whatever you are vlogging, so carefully decide the topic or interests you have.
2. Have an Online Garage Sale
This is probably one of the easiest ways you can start earning money. Although meet-ups and deliveries may not be possible due to the strict quarantine measures, you can always find a way around. For example, how about taking orders as a reservation to be paid and delivered when the lockdown is over? That way, you have sure money is coming your way soon. What items can you put on sale? Practically anything! Gadgets, utensils, toys, clothes, shoes, bags- you name it, someone else may want it. Of course, make sure the items are in good condition and take a clear photo of them.
There are many sites you can upload your pre-loved items to such as carousell.ph and eBay. Or you could even create your own Facebook page and sell your stuff there. Facebook also has marketplaces and other pages where you can sell goods. If these two ways on how to earn money during COVID-19 home quarantine are not of your type, start having an online job.
3. Try virtual assistant jobs
Remember that the VOVID-19 problem is global, which means many companies abroad also have limited workforces. With this in mind, there is a greater need for virtual assistants who can work from home and help their business. Virtual assistant jobs include encoding, writing, editing, programming, selling, graphic design, and other assistive jobs.
So how do you get a virtual assistant job? We won't lie- virtual assistant jobs are in high demand, and getting one is far from easy. However, with the amount of time you have, it is possible! First, you want to take a good, honest look at your skills and discover what your strengths and weaknesses are. Then, create a CV that highlights those strengths and finally find a place to advertise your skills.
Facebook has pages like Upwork Philippines, where those looking for assistants in different fields. Some websites are designed for those online searching work like onlinejobs.ph or upwork.com and many more. Considering the tight competition nowadays in the area of online work, it is always good to go through a course teaching you how to get a job online. A simple Google search will introduce you to online "coaches" who offer tutorials on the dos and don'ts of applying.
4. Sign up for referral programs
These programs do not offer as much income as the others but are also very straightforward. All you have to do is sign up for such a plan, and every time you recruit someone. One local example of such referral programs is PayMaya. For every referral, you get 50php. How does it work?
All you need is the PayMayaAppp and a phone number. Once you register and load money into your account, your account is verified, and you get an actual card that you can use for paying instead of cash. But before you can earn 50php per referral, you will need to get your PayMaya account upgraded. Once this is done, simply go to the Menu and select the "invite friends" option, which sends an invitation to friends to register to theAppp. When a friend registers with the "Upgrade for Free" option, both they and you get an extra 50 bucks in their account!
Sure 50php is not much, but if you can get even just one friend to sign up each day, you have one kilo of rice to contribute to the family! Not bad, right? And since people can't go out to pay bills or buy things, they NEED online payment methods now more than ever.
5. Start your blog or website
If you are camera shy or don't' feel comfortable showing yourself to the world, a blog is a great alternative. Of course, you would need to have a little interest and skill in writing for your blog to be attractive. Like the YouTube channel, your blog needs to about a specific topic or niche and ideally about something you are passionate about. The only problem with a blog is earning money from your blog will take some time and you may need to do a lot of research to figure out how to increase your visitors.
In terms of design, you can sign up for a free word press site that offers free templates to choose from. Or you could use platforms like Wix that allows you to create a website using customizable templates with drag and drop options. Click here to start creating your own free website.
Although your website won't earn you money in the near future, now is a good time to get started and pave the way for future earnings. Take time to learn about SEO, social media marketing, and other strategies that will qualify your website for Google Adsense (google ads placed on your website that earns you money per click). Even if your blog doesn’t generate funds, it does give you something productive to do in your lockdown.
6. Sign up for affiliate programs
Before you can sign up for affiliate programs, you first need to have a website running with a reasonable amount of content. Once you have that, you can look for affiliates like Amazon, Lazada, and the like who will pay you commission for all the sales they get from your site. Here's a quick preview of how it works:
Then, you need to build quality content on your website. Different affiliates have different requirements in terms of the number of visitors your site gets to how many posts you need to have. So make sure you know what to achieve before signing up.
Next, find a program or product that you want to promote. Of course, it ought to be related to your website niche, so for example, your website is all about make-up tutorials; you could promote specific brands and products you use on Amazon.
Earning money from affiliate programs may take a lot of time, and some go for years before being able to have a steady amount of money flowing, so don't expect results overnight.
7. Sell services online
Instead of actively looking for jobs online where you may have tremendous competition, another idea is creating a website page or YouTube channel and selling services there. For example, if you are tapping into your creative side and have a knack for handmade items, why not advertise your services online? You can easily create a Facebook page where you showcase all your works of art, or if it is a service you offer like bookkeeping, why not offer it online?
The great thing about selling services or products online is you can start earning money immediately from your current circle of friends and family.
Home quarantine doesn't have to be a stressful time. If you play your cards right, you can use these few weeks as a stepping stone to earning money from the comfort of your own home. Who knows-a a few months from now, you may decide to quit your office job and focus on your booming online business! So instead of wasting data and precious time, make the most of your time at home. Learn how to make money online, keep your spirits up, and turn this ‘curse’ into a blessing.
Another way to earn money is to know how to reduce your taxes this year. Read here to learn the tips on how to do it.
If you have a question on the 7 ways above on how to earn money during covid-19 home quarantine, make sure to drop it in the comments section.