The need for people to make money from home has become necessary as the government urges people to stay home.
Stats from the Kenya National Bureau indicate that over 350,000 people have lost jobs since the onset of the Coronavirus pandemic.
This poses a risk of more Kenyans falling into poverty.
Nonetheless, if you are smart, there are many ways you can still make some money from home.
Here are some of the easiest and smartest ways to make money from home:
Money Market Funds
Money Market Funds are low-risk investments that give investors high-interest returns.
In Kenya, money market funds let you make money from home by investing a small amount of money, approximately Ksh 1,000 for most funds, and earning daily interests.
Here are some of the best Money Market Funds in Kenya:
- CIC Money Market Fund
- Cytonn Money Market Fund
- Zimele Money Market Fund
- Nabo Africa Money Market Fund
Online writing is probably the most common way in which Kenyans make money from home.
There are so many freelancing websites to start your online writing career nowadays. The most important thing is just to know which one works and which one doesn’t.
Start a blog
Starting a blog on WordPress has become as easy as drinking water. However, most people don’t know that they can make money from home on their blogs.
Here is how you can monetize your blog:
- Placing ads on your site via Google Adsense
- Selling private ads and sponsored posts
Write and Sell eBooks
Writing and selling ebooks can also be a way that you make money easily from the comfort of your home.
If you are a savvy writer and believe in your skills, you can write a downloadable eBook that helps people start a business, learn a new skill, or even advance their careers.
You can then sell these eBooks on Amazon.
With a computer, average to excellent typing skills, and a good language command you are all set to making money from home transcribing.
This task involves listening to transcribed tapes, most of which are verbal and writing them out in a language that is preferred.
It is important that you have a keen listening skill and a great understanding of different language dialects as this will be crucial in your translation of the correct info when typing.
Some great transcribing websites are Speechpad, Castingwords, Verbit etc.