There’s no denying that 2020 is a financial rollercoaster for many. Knowing how to make money fast can be handy if you’ve been laid off or furloughed.
Plot your path towards financial freedom with our Hero’s Journey tool!
MyWalletHero is here to help you learn about taking control of your money, whether that’s paying off debt, working towards a short-term money goal, or investing for your future.
This tool can help you understand the next steps on your journey – simply choose a goal that best describes your current interests to get started.
While some ways to make money might require a small investment in software and gear, others may only require a home computer and an internet connection. Check out our recommendations for the fastest ways to make money from home in 2020.
1. Do online paid surveys
Online paid surveys may be the first option that pops up when you do an online search for fast ways to make money. But they’re there for a reason. Sites such as I-Say and Swagbucks ensure that consumers are rewarded for their opinions and time.
It’s important to know that not all survey sites are created equal. These are a few pointers to consider before signing up:
- Check to see whether you’re paid in cash or vouchers
- What is the minimum withdrawal rate?
- How long does it take on average to reach the minimum withdrawal rate?
- Whether the site pays instantly or whether there’s a waiting period
- If the surveys are accessible through an app or desktop only
- Are there reviews on trusted platforms?
Online surveys are great for those who have lots of time on their hands and are patient enough for their money bucket to fill slowly. This is not a get-rich-quick method, but definitely a way to fill a few holes in the budget.
2. Be a Jack of all tasks
While surveys may work for some, others prefer more direct tasks to earn fast money. Sites such as Remotasks and TryMyUI allow users to perform various tasks that will improve the future functionality of sites. Users make money relatively fast on these sites, but even diligent workers tend to reach the ceiling of their earning abilities fairly quickly.
Remotasks trains users to tag pictures and videos to allow artificial intelligence to work more accurately. The tasks range from really easy ones, such as simply naming objects in a room, to more difficult tasks that include colour blocking. this type of work makes around £4 per hour.
Could you be rewarded for your everyday spending?
Rewards credit cards include schemes that reward you simply for using your credit card. When you spend money on a rewards card you could earn loyalty points, in-store vouchers airmiles, and more. MyWalletHero makes it easy for you to find a card that matches your spending habits so you can get the most value from your rewards.
TryMyUI pays users to give them honest feedback about the functionality of a website. This includes whether it’s hard to find information, whether the layout works, and other aspects of the page that may need improvement. It’s possible to earn around £8 per hour.
3. Sell it!
For many, 2020 is involving lots of time at home. This opens up a door of opportunity to get into storage sheds, attics, and spare closets to get rid of unwanted items and gifts from years ago that you’ve simply never used. You can sell almost anything online through sites such as eBay, Craigslist, and Amazon.
But old or unused items aren’t the only things you can sell online. Platforms such as Misi allow crafters to display and sell their wares online and make some money faster than waiting for craft markets to reopen. If you’re out of ideas for what to sell, we’ve recently done the hard work for you to compile a list of fresh approaches to crafting that sells.
4. Make money from your photos
Smartphones and entry-level DSLR cameras produce surprisingly good photo quality. If you’re a budding photographer, you might just be able to make some money on the side. Stock photo sites such as Creative Market provide the everyday photographer with the opportunity to market their photos to business owners, web designers, and more. This site is great for those who are new to photography and are still building their skills.
The site also guides budding photographers in terms of stock photo best practices such as minimum image quality and recommended selling price. Images that are popular include photos of food, cars, and people doing certain actions such as walking or swimming.
For newbies, it’s essential to brush up on which images can be sold and to make sure that the right permissions are in place when taking photos of certain buildings or people.
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