WITH the worsening haze, thanks to our beloved neighbors, many revenue generating activities are jeopardized, and can affect our livelihood. But not many realize that you can still make an earnest living indoors, without leaving your home.
Here are top 4 things you can do at home, and still generate a modest income.
1. Freelancing as a Linguist
Being a linguist involves jobs that includes translation (translating a source language to a target language), transcription (converting audio speech into text), subtitling (translating audio dialogues in source language into target language text), copy writing (creating text content for multiple purposes), editing (editing of translated, copy written text), proofreading (going through a translated / copy written text and detecting / correcting errors of text, grammar, art), and many more.
Off course, you will have to be multi-lingual (able to speak, comprehend and write multiple languages) in order to be a linguist, but a PhD in language is not necessary for most of the work offered. In Malaysia, a few of the most demanded language pairs are English - Malay, Mandarin - Malay, Arabic - Malay, Tamil - Malay. With the boom of Korean pop culture in Malaysia, this will also include Korean - Malay.
What you need: A decent computer (desktop or laptop), with a decent RAM and processing speed, and most importantly, access to the internet.
Payment Rates: Starting from RM 0.13 per word (if you're a newbie) and up to RM 0.45 per word (if you have many years of experience)
Websites to visit: Proz.com, freelancer.com, upwork.com, translatercafe.com
2. Online Drop-Ship Agent
Drop-Ship means you become a reseller of a product without having the need to keep stock or capital. You simply market the product through your channel/blog/audience/friends on your friendlist, sell at the original price, and buy them from the manufacturer at a discounted price (between 5% up to 15% of retail price). Once your customer makes payment to you at retail price, you then pay the manufacturer at the discounted price, and tell the manufacturer to ship the product to your customer directly. With that simple act, you gain profit!!
What you need: A good computer (desktop or laptop), with a good RAM and processing speed, and access to broadband internet.
Monthly income: Dependent on your marketing and promoting skills, it starts from RM 500 per month (if you're a newbie) and up to more than RM 10,000 per month (if you have many friends and followers on your social media accounts).
Websites to visit: salevalue2u.com.my, summer-glitz.com.my/drop-ship, dropship.net.my.
3. Trade in Stocks / Forex / Crypto
For those who likes the financial markets, investing and trading yourself online can be an option for consideration. Be it stocks (local or international), currencies, commodities or even cryptocurrencies, there is an abundant of platforms available for you to learn, try, sharpen your skills and trade your own money.
Please do not do this blindly, and be sure to get the right guidance and knowledge beforehand. There are also plenty of resources available that provides analysis, reports, news and signals that you can subscribe to, as well as automated bots and trading systems (a computer software that executes trades automatically for you based on rules determined by you) that you can buy, which will definitely enhance your profit making capabilities.
What you need: A good computer (desktop or laptop) with external displays, with a good RAM and processing speed, and access to broadband internet.
Monthly income: Dependent on your trading skills and knowledge, it can generate of up to more than RM10,000 per month.
Websites to visit: babypips.com (beginner's guide), investopedia.com (investment encyclopedia)
4. Content Writing
With the boom of social media, many blogs and marketing platforms have exploited such vast opportune by piggy-bagging their respective followers, and with the increase of viewers, comes the demand for content. Nowadays, content of various nature are highly in-demand (provided that it is well written, and the content nature captures the viewer's attention).
With that, you can easily write about something that you know, or have experienced yourself, and offer such content to these platforms. Contents that are related to brands, products or services tends to do better compared to political related contents.
What you need: A decent computer (desktop or laptop), with a decent processing speed, and access to the internet.
Payment Rates: Starting from RM 0.08 per word (if you're a newbie) and up to RM 0.30 per word (if you have many years of experience)
Websites to visit: freelancer.com, upwork.com, peopleperhour.com.
So with this 4 ways of working from your comfy home, you'll definitely enjoy more time with your loved ones, avoid having stuck in a traffic jam, and stay indoors away from the haze. Once it's clear, maybe you can go back to all those chaos.. Or will you?
- Financial SithLord -
