There may be a long list of reasons why you would really appreciate the opportunity to earn yourself a bit of extra money this year. Perhaps you’ve recently got married, had more children, or become a grandparent for the first time. Although money does not buy you happiness, having more money can make life easier. If you are interested in boosting your bank balance, carry on reading to find out more in our guide to modern ideas for ways you can make yourself extra money in 2022.
Create a Thriving Online Retail Business
E-commerce is an industry that has quite simply exploded in recent years. In 2020, E-Commerce sales worldwide hit a staggering 4.28 trillion US dollars. Are you looking into smart ways to increase your salary and make some additional money alongside your main paid job? Deciding to set up an online retail business can be a great little earner. Just make sure you do plenty of product research, look into the marketing strategies that could be a hit with your customers through market segmentation, try to understand consumers’ online spending habits in 2022, and look out for ways to be cost-effective and increase your profits.
Invest in Bitcoin
Bitcoin is one of the most popular forms of Cryptocurrency. Cryptocurrency provides interested parties the opportunity to invest in a digital currency that is not influenced by banks or governments, also known as a decentralized currency. Unlike in the past, you no longer have to make investments in stock and shares, bonds, and cash through a bank. Digital currencies like Bitcoin have offered investment opportunities throughout recent years, and looks set to continue in 2022. Interested in learning more about Bitcoin and how to invest? Check out this article from Paxful, to learn more about the trading space and how to make money with bitcoin in 2022.
Buy and Sell NFTs
NFTs (non-fungible tokens) are essentially unique one-of-a-kind digital assets stored on a blockchain. NFTs are often digital files such as photos, videos, and audio clips. Unlike bitcoins which have the same value, NFTs all have different values due to how they represent different assets. A digital signature will provide you with proof of who owns an NFT. So, get involved in the exciting NFT trading space to earn yourself some extra money this year. Do lots of research into the latest market trends in NFTs before you commit to investing your money.
Tutor Others Using Your Existing Skills
Are you a teacher in your day job? Do you have a wealth of academic qualifications and experience in a specific field of education? Do you think you could be good at motivating students on a one-to-one basis and making learning fun? An excellent way you can earn extra money in 2022 is by setting yourself up as a private tutor. Some people are willing to pay up to $80 an hour to hire a private tutor. Whether they are casual learners or preparing for vital formal examinations, tutoring can be a great side earner and something that provides you with an immense level of job satisfaction and pride. You can also be flexible in how you deliver your classes. You can carry out lessons online over video calls or in-person with clients.
So, these are a few suggestions we’ve come up with on some ways you can go about earning yourself extra money in 2022. Get creative with your thinking, and making yourself some extra cash shouldn’t be too difficult.