Laid Off? Here Are Some Ways To Take Advantage Of Your Time

In these uncertain economic times, there is a lot of anxiety going around. People lose their jobs and then wonder how to make ends meet.

These are extraordinary times, but it needn’t be such a desperate time, either. There are so many ways to make money and save money that this unexpected time off can be put to good use.

You may even find yourself making more money than you were when you had a job! There has never been a better time to work for yourself than right now.

Work productivity

In this article, I will go over several ways you can use the internet to make and save money. 

1 – Save money

The first thing to do when you are laid off is to look for ways to save money. With the help of apps and some websites, there are a number of ways to get discounts on everyday items. There are even ways to get points or even cash in rewards when you buy essentials. 

For instance, there are a lot of reward shopping apps that will either give you points worth discounts towards many stores where you already do your shopping. Some will even give you literal cash back that you can use to save, pay bills or do more shopping.

2 – Sell your stuff

One man’s trash is another man’s treasure. This is an ideal time to do some downsizing. Go through all of your closets, attic and garage and you are sure to find stuff you no longer need that can be sold.

You can do it all in one bang by having a yard sale, or use any number of apps to post your stuff for sale or barter. 

3 – Start a business

Starting an online business is easier than it has even been. Costs to start are usually low and operating one can be done yourself in the comfort of your own home. As long as you have an internet connection and an idea, you can start a business.

Some people are using Amazon and becoming sellers when they have an idea for a product. You can source the product directly from a factory, put in an order and send it to Amazon where they will ship it for you when it sells.

If you are crafty and like making useful and artistic items, then you can sell them on Etsy. Once you have a good following and built a brand, you can make your own website and sell it with Shopify.

4 – Become a coach

If you have been working for years in a particular industry then you have an expertise that others would like to learn from. It doesn’t really matter what you used to do, there are ways to make money off of your experience.

Find forums, Facebook groups or a Reddit community and post often. You will eventually be seen as an expert in that field and can find clients that will want to pay you to teach them about it.

About Mohit Tater

Mohit is the co-founder and editor of Entrepreneurship Life, a place where entrepreneurs, start-ups, and business owners can find wide ranging information, advice, resources, and tools for starting, running, and growing their businesses.

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