We can use other ways to generate income along with our career, some of which are as follows:
1. Freelancing
2. Online Course
3. Affiliate Marketing
4. Blogging
5. Consulting
6. Selling Products
7. Renting
8. Stock Market
9. Peer to Peer Lending
10. Royalties.
Short description about all the options are available for generating income following here:
1. Freelancing
You can do freelancing work using whatever skills you have. On some websites like upwork, freelancer and fiverr, you can find work according to your skills and provide service.
2. Online Course
You can share your expertise through online classes on platforms like unacademy, Teachable and sell your courses on skillshare.
3. Affiliate Marketing
Nowadays everyone is going digital in which marketing is moving very fast towards digital, so we can earn good commission by promoting products or services. Join affiliate programs on websites like Amazon, Flipkart and others.
4. Blogging
Share your passion through blogging. Income is generated from ads, sponsored posts and affiliate marketing on your blog.
5. Consulting
If you have any kind of expert knowledge, then you can offer consulting services using it.
6. Selling Products
Sell your products or services online or offline on platforms like E-commerce websites like Amazon, Flipkart, Meesho and Etsy.
7. Renting
Rent your property, vehicle two wheeler or four wheeler, equipments on websites like Airbnb, Oyo rooms, and rentify.
8. Stock market
If you have a little knowledge of stock market, you can earn dividend by investing in it.
9. Peer to peer lending
You can generate interest income by giving loans. This facility is available on some platforms like lending club, invest in prosper and upstart.
10. Royalties
You can earn a good amount of royalties by selling your intellectual property.
Important tips for income generation
1. Update your skills according to the present market need.
2. Expand your network circle.
3. Manage your finances.
4. Set a goal of what you want to achieve in your future.
5. Track your progress from time to time.
Recommended Website:
1. Upwork
2. Udemy
3. Teachable
4. Skillshare
5. Amazon.
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Recommended Courses:
"Income generation by Cousera"
"Interprenuership by edX"
"Financial Management by LinkedIn Learning ".
Conclusion - Side income can also be generated along with career, you just need to keep your skills, your network and yourself updated so that your income can be generated more.
If you more interested in this topic please connect us @anufinance.com