Fat Guy Skinny Wallet

[The following post is written to give you side business ideas that you can implement from the comfort of your own home.]

In today’s day and age, it can be very difficult to make ends meet. With the cost-of-living crisis in full swing, and ordinary hard-working families finding it difficult to make ends meet, even on solid, stable incomes, many are sourcing a second income to help out.

You might think that a second income would be hard to come by, but actually, if you have an internet connection and you’re the least bit savvy, you have everything you need to start making money.

So, with that in mind, we’ve put together this essential list of great ways to generate a side income. So pick your favorite and get to work – you’ll be surprised by just how much money you can make.

3 Side Business Ideas You Can Run From Home

Turn Your Passion into an Online Web Store

In today’s day and age, it isn’t possible to have a business without any sort of web presence. From social media accounts to a proper online web store, it’s possible to generate an income simply by accessing the global online marketplace.  If you’re looking to create some extra money for yourself, why not take one of your existing hobbies and then monetize it.

So, for example, if you like art and crafts, jewelry or general fashion, you could purchase what you usually do in bulk, and then sell it on for a higher price on an online marketplace like Amazon, eBay or Etsy. You can then market your products on your social media accounts, where you can interact with your fans and guide them towards a purchase.

Develop an Interest in Investing and Trading

A more risky – though potentially more financially rewarding – method of generating a second income would be to develop an interest in trading and investing. Whether you’re interested in property or the currency markets, there’s a lot of money to be made, but just remember: any form of investing is inherently risky, and although you might consider a particular investment safe, it doesn’t mean that it is.

Although property is less of a risk than currency trading, the barrier to entry is higher because of property deposit and mortgage rates (despite the government’s Help to Buy scheme). This means that, if you’re not working with a lot of capital, it might make more sense to learn about currency exchange – with an ECN Trader account, you can begin trading with only $200, and this means that it’s immediately more accessible than property – you can even learn from other more experienced traders and see how particular strategies play out in different circumstances.

Learn to Program and Get Creative

A final way you can generate money would be to learn to program and to develop an app, game or small piece of software. There is an almost infinite array of programming languages to learn, but some of the most popular are Javascript and C#.

If you want to make a game, there are plenty of great ways to start, but by using a development engine like Unity you’ll have all the tools you need instantly at your disposal.

So there you have it – three simple ways to generate a side-income in these uncertain financial times.

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