Imagine a future that’s not driven by a pandemic or even something as fantastical as a zombie apocalypse or World War III. The urgency of these extreme situations pushes us to explore our options for financial stability from the comfort of our own home. Whether it’s personal financial emergencies or new family expenses, the need to secure our financial future is clear.
Before the world was turned upside down by the virus, many of us were already attempting to navigate our way through the online financial jungle. In my family’s case, my son’s second birthday in 2019 marked the beginning of a new expenditure: preschool fees of $1,950/month. Add to that a monthly healthcare premium of $2,200, and I felt a heavy burden settling on my shoulders.
Preschool was not just a childcare solution; it was an environment where our son could learn vital social skills. With another child on the way, and the anticipation of further challenges ahead, preschool was our planned support system for 2020. But then, the virus hit.
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With the online world at your fingertips, the opportunities to earn from home are virtually limitless. In my personal journey since 2009, running a personal finance website has proven to be the answer. The scalability of starting your website is immense, making it an apparent choice. If you’re looking to dip your toes into the online world, a blog is the simplest place to begin.
My experience with Financial Samurai, which I’ve been nurturing since 2009, allowed me to face the pandemic’s uncertainties with a steady workflow. Even after 11 long years, the disruptions of 2020 didn’t throw me off balance.
Having children, though a joyous experience, brought its own upheavals. It’s not a decision to make lightly. I encourage you to define your financial goals and evaluate your relationships before taking the plunge into parenthood. Raising children is a beautiful but demanding journey!
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While the pandemic did briefly hinder our lifestyle and income flow, I maintained my thrice-weekly publishing routine without a hiccup. The ever-changing world never ceases to be fascinating, and quitting was never an option.
Indeed, earning money online seems to be the path of the future. I encourage more people to grasp the opportunities now, build their websites, and embrace virtual consulting.
The Sustainability of Online Income
The fluctuating advertising rates during the pandemic highlighted the resilience of Revenue Per 1,000 sessions (RPS). After initial declines in March and April 2020, advertisers bounced back to normal spending levels. It’s worth noting that RPS generally peaks during the holiday season.
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The defensibility of online income underlines the attractiveness of blogging as a viable money-making option. If writing is your passion, any earnings from online advertising are icing on the cake. The intrinsic value of writing can be rewarding in itself, and the ability to create a stable income source is an added bonus.
The Pleasure of Earning from Home
During the pandemic’s most terrifying phase, I penned three articles to help make sense of the chaos:
- How To Predict A Stock Market Bottom Like Nostradamus (3/18/20)
- The Economy Or Maybe Your Life: How Much Pain Are You Willing To Endure? (3/22/20)
- FIRE Confessionals: How A Bear Market Has Impacted The Financial Independence Movement (3/27/20)
These posts were not only a joy to write but also a balm for my troubled soul. I initiated Financial Samurai in the thick of the 2009 global financial crisis, and writing has been a therapeutic way to articulate my worries.
Even the dip in online advertising during March and April 2020 didn’t dampen my spirits. Since the ads are programmatic, I could concentrate on what I love the most – writing.
Persist in writing with passion and belief, and your website will inevitably resonate with others. In a world populated with almost 8 billion people, you’ll undoubtedly find your audience.
The Ideal Work-from-Home Job
While the easiest way to make money from home might be through a website, the best work-from-home job requires more nuanced considerations. Running a blog demands a multifaceted approach, including dealing with spam comments, website design, content optimization, tech glitches, plagiarism issues, social media posting, business development, and even more.
These tasks consume time, often diverting attention from the primary joy of writing. That’s why the most rewarding work-from-home job may lie in activities that enhance a website’s growth or user experience.
Ranking the Best Work-from-Home Jobs
- Author or Writer: The timeless value of written communication makes authors or writers a top choice. Freelancing or self-publishing offers promising income potential.
- Editor: As online content proliferates, there’s a growing need for editors to polish and perfect content.
- Virtual Assistant: Offer administrative services from home, such as email handling or social media management.
- Graphic Designer: Design engaging visuals for websites, social media, or advertising.
- Online Teaching or Tutoring: Utilize your expertise to teach subjects online. Platforms like VIPKid and Coursera are notable examples.
- Search Engine Optimization (SEO) Specialist: Help businesses or individuals improve their online visibility.
- Social Media Manager: Manage, create, and publish content on social media platforms.
- Financial Advisor or Consultant: Offer financial advice or consulting services remotely.
- Life or Business Coach: Guide clients towards personal or professional growth from the comfort of home.
- Medical Transcriptionist: Transcribe medical records from home, a growing field with the continuous expansion of healthcare services.