How to Make Money when Times are Tough

 

There’s no shame in wanting to make money when times are tough. You have to support yourself and your family. It’s actually commendable that you are willing to go the extra mile to make ends meet, put food on the table, and heat your home. So here are some popular ideas.

Consider Selling Land or Your Home

Some people make a living buying and selling land and property. It’s a challenging industry that requires experience. But there’s no reason you can’t do it. If you feel like you need to, you can sell a property you own through inheritance, for example. By checking reputable real estate listings sites like The Wall (https://www.callthewalls.com/listing) you can get a rough estimate of the kinds of prices you can ask for concerning your property in specific locations.

Make Money when Times are Tough with Seasonal Services

The seasons, of course, come and go each year. And with them comes varied demand for different products. You can, therefore, capitalize on these demands by offering products and services related to each season. For example, you can create and sell greeting cards on Etsy during the festive period. Or stock up on thermal products just before autumn to sell to people as the colder weather sets in. Timing is everything, but you can use Google Trends for ideas.

Drive in Your Spare Time

Almost anyone can learn to drive, and you can use that to your advantage. For example, many Uber and Lyft drivers make enough money they can quit their jobs and do it full time. The good thing is that you are your own boss and can choose when you want to work. This is great if you have to take care of your family. You can also choose which area to serve. For example, you can make money on short trips, but you could also wait for longer trips from wealthy clients.

Supplement Your Income with a Side Hustle

You’ve probably heard of side hustles. Many of them won’t make you much money. But if you are good at something, you can put your knowledge and skills to good use. The Internet is a great way to make money. And some popular web-related side hustles are as follows:

  • Creating a podcast that includes paid ads in-between segments.
  • Write an eBook to sell directly on your website and through Amazon.
  • Compose paid newsletters for websites such as SubStack.
  • Find a niche market and corner it with an eCommerce website.
  • Bid on freelancing gigs such as photography, writing, and web design.

You can charge a substantial amount of money for something if you are talented, which means more income. However, even if you are willing to put in the effort, smaller multiple gigs can add up to a good amount of extra cash. For example, you can write small articles for a few dollars.

Build a Network of Money-Minded People

Almost every rich person will tell you that you need to hang out with people who know about money. Like attracts like, as the old saying goes. And there is a lot to learn. Best of all, you don’t even have to leave your house to do this anymore. You can, for example, join Facebook groups about making money, saving, or investing money. A typical social media agency is run by young entrepreneurs who come up with clever ways to reach audiences to make money online.

Sell Unused Stuff to Make Money when Times are Tough

Sites like eBay and Amazon Marketplace are well-known. You can sell both new and used things. And since the average American home has about 300,000 things in it, there are probably some things you can get rid of. You can sell anything, including baby clothes, evening gowns, video games, and old things. And if you’re lucky, you might have something worth a lot of money, like a copy of the original NES Super Mario Brothers that sold for more than $2.5 million.

Learn to Market a Small Business

If you want to make money as a small business, you must advertise yourself and your goods. You have to tell people about your services or products if you want them to buy them. Not everyone can do this easily, but a little advertising can get you a lot farther than you think. Use social media to get your name out there. So many different websites are out there. And you can choose to advertise on any or all of them, such as Facebook, Twitter, and even LinkedIn.

Summary

There are always viable and legal ways to make money when times are tough for most people. You can sell land or property you own, begin a side hustle and sell unused items online.