Why You Should Have Multiple Income Streams

Posted by lee on January 26th, 2021

Last year was rough for everyone. Some people lost loved ones without being able to see them or hold their hand in their time of need. Some people lost their homes and businesses. Covid-19 I think we can all agree had a profound effect on the way we live our lives then and possibly into the future.

So what did we learn, Well we learned to live each day as if it is our last and we learned to perhaps spend more time with loved ones and to cherish every little thing about them as they won't always be around forever.

One of the biggest things that I think some of us learned was how important it is to have multiple income streams. So many of us lost our main jobs and this has led to financial hardship which we should not have had to endure.

So how do we achieve multiple income streams? Well, this is a question you need to ask yourself. Im, sure recently you have become far better with a computer as most of have had to due to working from home or homeschooling our children.

You can earn various income streams from working online with your laptop. As long as you are willing to put the work in the money is there to be earned.

Some of the best ways of making money online at the moment are as a teacher. Due mainly to the fact that so many children are being homeschooled and a lot of parents are struggling with this.

You don't have to be a teacher in your everyday job you just have to have a certain skill set. You can sign up to be a virtual teacher at www.teachaway.com which can help you find a perfect remote teaching job which you can also do at the weekends.

There are also lots of jobs in the virtual assistant world at the moment due to lots of businesses being online-based and needing help to maintain their scheduling or emailing tasks. 

I have worked as a virtual assistant to a blogger before and was simply replying to emails and creating beautiful Pinterest Pins for her to use on her Pinterest account to get traffic to her blog.

The best place to start looking for virtual assistant type jobs is on Facebook. Try your local area first and reach out to small businesses that you think may need a hand even if for an hour or two. The best way to build a good reputation online is to perhaps give out your time for free, to begin with, but after you have done a few jobs and built up a good profile on social media word should spread and you can start charging for your work.

One last way to make a good income stream online is Matched Betting, Dont worry you are not technically risking anything or betting in the traditional way just rather using techniques to profit from the bookmakers sign up offers. It is 100%legal and above board and also in the UK it is tax-free profit.

You just have to sign up with a members site who will then walk you through your first 2 matched bets and you will in a matter of an hour two make around £40 profit. This can then be used on further matched bets to make even more money. At one point I was earning over £500 per month using Profit Accumulator and their great support.

Good luck with earning your extra money and creating your extra income streams.