A leading English daily in Pakistan has recently claimed that since January 26, 2023, the Pak Rupee has lost almost 20 percent of its value. This is a scary prospect given what has happened in countries like Sri Lanka, Lebanon and Venezuela. There is also talk of job losses in a variety of sectors. Hundreds and thousands of skilled workers have apparently already left Pakistan since April 2022. All in all, no matter what you read and choose to listen to, it’s bad news.
There is another side of the coin as well. Not everyone wants to leave Pakistan or can leave Pakistan. For them, the best advice would be to maximize their earning potential so that at least the immediate adverse effects of inflation can be offset. While it may not be possible to manage two full-time jobs at a time, it is certainly possible to manage a side job along with a full-time job. Maximizing your earning potential through online resources is one of the best ways to go about living a decent living in these trying times.
In this blog, we’ll explore some of the online options available in Pakistan and their earning potential. However, before we list down the choices, we have a pro tip.
PRO TIP→ Try to find the same job or task online that you perform in your daily life.
5 Best Ways To Earn Money Online Without Investment
Here are your five best options to earn money online from Pakistan.
Freelancing – Restrictions imposed during Covid-19 turned many into freelancers. The idea of freelancing isn’t new. However, not many may know where to freelance or where to look for freelance jobs.
In Pakistan, the following are some of the most popular freelancing sites:
Now that you know where you can look for online jobs, the question you must be asking yourself is: should you apply for a freelance job?
The answer is YES, given that you have the following skills:
- Sales
- Marketing
- Virtual assisting
- Mobile development
- Consulting
- Customer service
- Accounting
- Design
- Website development
- Writing
- More
According to an estimate, almost $1 billion is being earned every year from Upwork alone. You should seriously give it a shot.
Start a Youtube Channel – Nowadays, everyone seems to have a Youtube or TikTok channel of their own. Though an exaggeration, it goes without saying that many consider having a channel of their own as a shortcut to success, fame and fortune.
Did you know, only about one-third of one percent with Youtube channels can support themselves solely from this platform? As it is very competitive on this platform, therefore it may take you some time to make it big on Youtube. So, it may not be an instant source of income for you.
Having said this, if you have unique ideas around the following, you should seriously consider starting a channel of your own. Some people make millions of dollars from Youtube alone.
- Tutorials
- Product tutorials
- Explainer videos
- Behind the scenes
- LIve streams
- Webinar
- Interviews
- Tech unboxing
- Tech reviews
- Traveling
One of the biggest reasons why many do not make it big is the reason that they aren’t ready for the challenges this platform throws at them. If you want to know if Youtube is for you, we would seriously recommend that you read Before You Start: Understanding the Pros and Cons of Launching a YouTube Channel.
E-Commerce – This simply means selling your products online. OLX Pakistan is your best option in Pakistan. Here, you can list your products, receive offers from buyers and sell when the price is right.
In addition, you can sell on Amazon and Etsy. If you are interested in selling your products internationally, the following skills do well on platforms like Etsy and Amazon.
- Handmade jewelry
- Digital artwork
- Party decorations
- Stickers
- Printables
- Knitted wear
- Handmade clothes
- Personalized cards
- Handmade beauty products
- Personalized gifts
Start a Blog – Though a long term source of earning money, it is ideal for those who love to write. It is particularly suitable for content writers with at least some basic knowledge of SEO. You can start a blog for free on WordPress, LinkedIn, Weebly, Wix, Medium and many other such platforms. With regular updating of content and SEO optimization, you may also rank it high on Google. Once you start to gain organic traffic, you can monetize it and make money.
If you are looking to hire the services of SEOs and digital marketers, you can look them up on OLX Pakistan.
Teach – Are you a teacher in a school, college or university? Do you run a tuition academy or center? Or do you love reading books? Can you review them and record the same in a video? Then why not take your skills to the next level and sell them in the digital world.
Teaching is a skill in demand and if you think you have what it takes to teach online courses, then why not give Preply a shot. Preply claims that the average hourly rate for an online tutor is $18.30.
These were some of the ways to earn extra money nowadays. The best part is that you do not need to invest money upfront. Most, if not all, of these platforms pay in the US Dollars which is a great way to not only beat inflation but also save a little extra for the rainy day.
We hope you found this writeup helpful. Do leave a comment for other readers as to how they can make extra money in current economic conditions.
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