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Karthik @Karthik5 · Nov 11, 2020

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Having a second source of Income is as important as having an education today. It

not only provides you with extra money but also helps you to tackle all your

financial responsibilities with ease.

The money you earn is never enough of your expenses and investments at the

same time. Having a second source of income solves this all for you by

providing extra funds.

 

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Here are some ideas which can be the second source of income for you.

Content Writing

Digitization has led to the popularization of Content writing in recent days.

The job can be done from home as you need to write as per your client’s

requirements. This job gives you a decent amount of money and can be

definitely a second source of income for those you have great writing skills. 

For IT Professionals Freelancing 

Freelancing can be said as the best source for second Income for the IT

professionals in India. Where you can get the projects and can work at any

time as per your convenience, no need to go to the office and work. You can

work after your office in your free time while sitting at home. Even getting a

project as a freelancer is also not tough, here your network works, moreover,

you can get these projects from the online website also.

Art and craft

This is one of the current trending jobs which helps you make your hidden

talent as your income source. This might sound unrealistic to many, but

pursuing your hobbies may help you to earn some extra amount. For example-

if you are good at painting and left it because of your busy life, you can start it

all over again. You may think even if you start, how will you earn from it. But,

this is also not tough now, as in India e-commerce websites such as Flipkart

and Amazon easily allow you to sell your product and earn a profit.

 

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Rent your House or Flat

Renting your empty house, flats on Airbnb and Oyo rooms can seriously give

you a good amount of money. This is because when you rent your house

normally you get normal rents but renting for these platforms can give you

much more. This is because platforms such as Airbnb and Oyo charge rent on a

per-day basis and secondly the rent is based on commercialization. 

Online Teaching

Due to the ongoing corona pandemic and online teaching has got a massive

success. So, if you are good at any subject or have a hidden talent for teaching

you can definitely try this. The process is simple and you don’t need any funds

to start this, having a mobile and good internet connectivity is enough.

With the ongoing pay cuts and job losses having a second source of income is a

must these days. Adding extra money to your pocket not only reduces your

financial stress but also secures your future. Additionally having extra money

always reduces your chances of taking loans.