8 Ways to Make A Living When You Are Unemployed

Unemployment is one issue and problem in the world today. Statistics show that global unemployment from 2010 to 2020 amounted to 5.4%. In South Africa, 32.5% are unemployed, while in Nigeria according to the bureau of labor Statistics unemployment rate rose from 27.1% in 2020 to 33.3% in 2021. You were just sacked from your work, or you have been looking for a job for a long time, or you are just a fresh college graduate, been unemployed is a frustrating factor.

As a person living in this world where you have different and lots of responsibilities to attend to. You need to be financially capable to meet up your responsibilities in life and you need to earn money to be financially capable. In a world where there is lots of unemployment, what should one do when you can’t find a job. Should you kill yourself, should you commit crimes, should you engage in illegal activities? The answer is a big NO. you don’t need to get yourself into all these things to make a living when there other humble and legit ways you can make a living without having a job.

So, you would be asking yourself right now, can I really earn a living without been employed. The answer is another big YES.

Something to note is that is not about doing something to earn a living, but doing something that is relevant in this era that would aid you in earning a living.

In this article we would be diving into different ways you can make a living that is relevant in this generation while been unemployed;

#1. Cryptocurrency

Cryptocurrency or crypto are digital assets or currency that can be used as a medium of exchange (buy & sell) for goods and services. Blockchain is the technology that cryptocurrency work on. Are you wondering, ok, so where can I get these cryptocurrencies? For you to be able to buy and sell crypto, you need to have a wallet, i.e. you need to be registered on an exchange platform. There are some popular exchange platforms such as Binance, Gate.io, KuCoin, Coinbase, eToro,  etc. you don’t need to obtain a degree or have any special skill to trade crypto. To trade crypto, you just need a phone/laptop, access to the internet, a wallet, and relevant information or knowledge in regards to crypto. One important thing to note is that cryptocurrency is very volatile, you can make a huge profit in a second and lose so big too. So, it’s advisable to trade crypto with your spare cash.

#2. Own a Blog

A blog is an online house or website or journal or depository that provides information. Blogging is the displaying or provision of content either written or media that is made available online. The popularity of blogs and blogging has grown so much over the years because of its flexibility to start. For instance, you don’t need any capital to start a blog unlike the other things you can do to earn money, all you need is a phone/laptop, then a website, and of course access to the internet. Blogging would always be in trend because information is important in every aspect of life, and is needed in our day-to-day activities. With internet accessibility, you can get access to any information on any blog, just like you are getting from this blog now. You can make good money from a blog if you are focus and consistent, you can make a minimum of $100 to $10000 and more depending on how determined you are.

#3. Online Tutoring

This is another way you can make a living. Especially in this Corona Virus Pandemic, the demand for online tutors was high since most schools were not opened and parents might not meet up tutoring their kids. Tutoring is a way you can put any skill or knowledge you have into making money. You can teach about anything and everything from school subjects to extracurricular activities like dancing, games, etc. what is the skill or talent you have? Don’t let it lie dormant, go online like Facebook, YouTube, or other online and social media platforms where you can teach these things and earn extra cash for yourself.

#4. Freelancing

Freelancing is simply where a person is not committed to any company in form of employment but works for him/herself. Many young people involve in freelancing, and they are called freelancers. If you are a freelancer or aspiring to be, here are some website for freelancing:

  1. Fiverr
  2. freelancer
  3. Upwork
  4. Toptal
  5. guru

The services you can offer on some of these are graphic design, website design, SEO (search engine optimization), content writer, etc.

Read Also: 5 Signs of a Toxic Work Environment, Negative Effects, and How You Can Manage Them

#5. Affiliate Marketing

This is another way we can earn money. Affiliate marketing is the process by which an affiliate (influencer/marketer) earns a commission. This commission is marketing another person’s business or company’s goods and services. Amazon is one of the most popular affiliate programs. You can register with them and start earning.

#6. Have an online store

This is another effective way to make a living. Online stores are in the trend now. The world has migrated to a place where you just have to order something and it gets delivered to you on your doorstep. People love getting their stuff online because of easy accessibility and flexibility. Amazon, an online store is one of the richest businesses in the world today. With an online store, you would be able to connect a buyer and a seller.  We have different online stores like Shopify, Amazon, Jumia, Alibaba, Konga, etc.

Read Also: The Best Way to Find Companies to Work For…

#7. Research Work

Everyone, every organization or business needs information. Information is very essential to every aspect of life. As important as it is, not everyone knows how to get information. Most people don’t even have the time to search for information. You can earn a living by doing research work for people, organizations, and big companies. This kind of work is good because it’s not only on a specific area. Information/knowledge is in diverse areas.

#8. Learn a skill

All these ways have been listed above on how you can make a living without been employed is good. Whether you are a student or not, it is necessary to learn a skill or skills if possible. Having a degree is not enough in this generation. It is important to learn a skill that is relevant to this modern-day era.

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