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How to Boost Your Income Through the Gig Economy

The gig economy, which is characterised by independent work as opposed to permanent jobs, has made it possible for just about anyone to increase their income, pay off debt faster and enjoy a more flexible work-life balance. It has also provided an endless range of opportunities for people to make us

Freelancing Income
Freelancing Income

The gig economy, which is characterised by independent work as opposed to permanent jobs, has made it possible for just about anyone to increase their income, pay off debt faster and enjoy a more flexible work-life balance. It has also provided an endless range of opportunities for people to make use of their unique skills, assets, and experience.

Whether you’re a hardworking student or an ambitious professional, you can likely leverage the gig economy without sacrificing your current study or work obligations. Conversely, it’s equally possible to make a full-time living from the gig economy if you wish to do so. Regardless of which route you take, the following methods can help you make it happen.

Deliveries

Got a bike or scooter lying around? You can use apps such as Deliveroo, Just Eat and UberEATS to deliver food to people’s doors. It’s as simple as taking on an order, heading to the restaurant to grab the food and dropping it off. This is an ideal form of evening and weekend work, which is when demand (and therefore pay) is highest.

Freelance Platforms

The likes of websites such as Fiverr, Upwork, PeoplePerHour and a range of others with more specific focuses serve as an ideal way to sell your skills. Whether you’re an avid writer, expert programmer, creative artist or something else altogether, you can market yourself on freelance platforms to earn an additional income.

Most websites follow a similar process – set up a profile, decide your hours, bid on job offers, complete the work and receive your payment. Unless your offer is completely unique, chances are that there will be some competition, so you’ll need to get creative and find a way to stand out.

Accommodation

If you have a spare room or you’re always travelling, consider renting out your space at home via Airbnb. Great customer service is key to your success, so think of it like running your own little hotel.

Driving

Provided you own a four-door car and don’t mind picking up strangers, apps like Uber, Lyft and Bolt are considerable ways to make use of your automobile. Starting your own private taxi business is also an option. Granted, there are a few prerequisites, such as having a car made after a certain year and legal aspects like taxi insurance.

Fortunately, the latter can be sorted out easily through websites like Quotezone, which provide quick and easy insurance quotes for your taxi. You simply need to fill in a form and the site will list the most suitable insurance options for your budget and needs.

Childcare

Apps such as Care.com and Babysits have proven that childcare is no longer just a teenager’s job. In fact, it’s a lucrative and respected profession that serves as a great way to make some extra cash on the side. Keep in mind that parents prefer people with experience and certifications such as first aid and CPR.

Find a gig that best suits your unique skills and circumstances. From there, it’s simply a matter of putting in the time and effort.

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