Learn 5 Ways to Make Money While Unemployed

Finding out how to make money without a job seems almost too good to be true, but it is a definite possibility for many different job seekers out there.

All it takes is some knowledge and preparation.

Finding and keeping a job is becoming more and more difficult as time goes on, mostly due to the fact that so many other workers are looking for jobs at the same time.

Employers and recruiters often have hundreds of candidates per open position, which can make interviews hard to come by.

This can leave many people across the country struggling to find a job to pay for their family’s needs.

However, not being able to find a steady job should not prevent you from providing for your family.

If you are unemployed and need money fast, there are a number of different ways that you can go about freelancing while searching for jobs online.

While these money-making tips do not necessarily last forever and usually should not be used as a permanent replacement for a full-time job, they can be excellent tools to utilize whenever you are in-between positions and need to make some cash to pay for food, rent, healthcare and more.

This article will help to give you five of the most common money-making strategies for those who are still looking for a job, so that you can use them when you need help the most.

Tip #1: Make your Own Business

Out of all of the ways to earn money without a job, starting your own business may be the most ambitious. However, it is also the strategy with the biggest potential for huge returns, as long as you put in the time, effort and have a bit of luck.

Starting a business requires a good idea with a concept that makes it different from others, a bit of starting capital, a business model and a place to run it from. While this is not a cheap or fast process, the professionalism and inventory of your business can slowly grow over time.

Related Article: Preparing for a Job Interview and Discussing Your Layoff

While startups can come and go over time, the ones that succeed usually do so with investors and public support. Social platforms like Etsy and Pinterest can be useful for posting your online business, while crowdfunding platforms like Kickstarter and GoFundMe are essential for drumming up funds and support for a new venture.

Tip #2: Sell Things that You Do Not Need

If you are jobless and need some quick cash, there is perhaps no easier way to do so than by selling things that you own but do not necessarily need.

While this could work with smaller things such as toys and video games, the real cash can come from bigger investments that you have made but can no longer afford.

Trying to earn money while not having a job can be a huge financial drain, so there are often certain sacrifices that you will have to make in order to get the money that your family needs during your job search. Common things to sell if you need cash fast include:

  • Additional cars.
  • Jewelry, gold and silver.
  • Expensive clothes or accessories.
  • Furniture.

Garage sales can be a great way to accomplish some of these, while you may need to contact professional resellers for more expensive items.

Tip #3: Complete Surveys Online

If you would like to make money while unemployed and would like to stay home while doing it, the internet has made that idea a reality.

Online opportunities for money-making are plentiful, but it must be noted that they usually do not pay very much.

Even so, many would prefer to not have to go anywhere and can deal with the sometimes low amount of money that they make every week.

The easiest way to make money online is by completing online surveys that are looking for consumer feedback and data.

These surveys can sometimes be on the long side, but they often pay in cash or in the form of redeemable gift cards.

You can also sometimes participate in academic studies online or in person, which are required to compensate their participants in some way by law.

Tip #4: Turn What You Love into Profit

There are also ways to make money without a job that you can take advantage of if you have some sort of special skill or passion.

This can sometimes be hard to do, depending on how popular this skill or talent is, but properly advertising your passion project can allow for others to potentially ask for your services. Some examples of this type of self-employment could be:

  • Teaching musical instrument or dancing lessons.
  • Tutoring students in a particular subject.
  • Teaching English as a second language online.
  • Selling your photographs or artworks.
  • Advertising yourself as a personal chef.

The possibilities for this kind of work are endless, and you could certainly make some money in these ways while you organize your job search.

Tip #5: Look into Freelancing Gigs

Learning how to make money without a job can be easy for those with the intelligence and aptitude to use their skills.

The gig economy found online is huge, with thousands of employers looking to hire people for temporary projects.

These projects can range from a wide variety of topics, from blog writing, coding, editing, data entry and more.

However, if these traditional freelancing opportunities are not right for you, there are plenty of other gig-based opportunities out there.

While classic examples of temporary gigs could include taking jobs like babysitting or dog walking, there has also been a recent rise in the ridesharing industry in cities and towns all across the country.

By driving for popular “on-demand transportation” services such as Uber or Lyft, you can earn money on your own schedule, for as many hours per week as you wish.

If you take advantage of these and other ways to make money while unemployed, you can confidently support yourself and your family while you are looking for a more stable job.

Related Article: Self-Employment Assistance

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