With the cost of living in South Africa increasing annually, with food inflation seeing one of the highest monthly increases, you might be wondering how you can easily make money online. Whether you’re one of the 15% who’s currently self-employed and needs their wage subsidizing, you’re currently looking for work and need an easy way to support yourself, or you’re simply looking to have an extra bit of cash at the end of the month, we’ve got some simple ideas to help you boost your bank balance.
With the rise of the digital nomad, becoming a blog writer is a great way to earn a bit of extra income. You’ll need to think about the sort of blog you want to start and how your experience and expertise can lend itself to your blog. Maybe you have a passion for travel, interior design, or gardening, or perhaps you’re a whizz at electronics or web development. Whatever it may be, find your passion – and start writing!
As your blog grows in popularity, you can increase your earnings by reaching out to companies about writing a sponsored post for their brand. Helping both with their SEO and your cash flow.
As we move towards a more digital world, so too is our reliance on digital currency. Whether you’re new to trading or you’ve dabbled opening a forex account with a welcome bonus is a great way to start.
Thanks to many forex platforms having an easy to navigate app, buying low and selling high has never been easier.
Sell unwanted clothes and furniture
Households in South Africa spend around R82 billion on clothing and footwear, accounting for just under 5% of total consumption expenditure. But how much do we really need these items? Check your home – and be honest with yourself – and create a pile of clothes, electronics, furniture and other household items that you don’t use or need.
Once you’ve created that pile go through and decide what can be donated, thrown away, and most importantly sold! Sites like eBay, Facebook Market Place and GumTree are the perfect platforms for you to sell these unloved items.
If you’re an expert in a certain subject, why not teach others your skills. Online tutoring is a great option to earn an extra bit of cash online. You don’t need to have a teaching degree, just a passion for what you do. You may even find that you enjoy it so much, you might make it your fulltime gig.
Manage social media accounts
Many businesses are now starting to realize that social media can have a real impact on their brand. If you know how to use digital marketing to build a following, increase sales and grow brand recognition, then managing social media accounts is a great place to start.