The gig economy continues to grow in size each and every year, with its current workers contributing an impressive £20 billion per annum to the UK economy.
Interestingly, some 48% of this number also hold a full-time job, as people continue to turn to the gig economy as a way of making secondary income from home.
We’re also seeing a growing number of people look to establish the primary income stream and make money from home as a result of the pandemic and its associated lockdowns. Here are some of the best options to keep in mind:
#1. The Various Ways of Making Money Online

Not only does the gig economy represent big business in 2021, but it’s also largely underpinned by a huge and fast-growing digital economy.
This is increasingly driven by concepts such as agile and hybrid working, as employers continue to seek out flexible and project-oriented workforces that are more cost-effective.
Because of this, some of the most in-demand work from home roles include copywriting, web design, SEO and graphic design, while those of you with more entry level skills could even look to work as proof readers.
Social media account management is another highly coveted and competitive space in 2021 and an easy way to make money from home, with larger corporations and businesses willing to pay inflated hourly rates to the most skilled practitioners.
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#2. Trading and Investment

In the digital age, we’ve also seen the sustained evolution of the global financial market. More specifically, the rise of online trading platforms and brokerages has made the markets more accessible to aspiring and retail traders, levelling the playing field between them and institutional investors.
There are many different ways to leverage the markets, depending on your risk profile and outlook.
For example, you may have a healthy risk appetite and decide to seek out derivative assets such as forex, in order to speculate on price movements and profit directly from market volatility in real-time (with assuming ownership of the underlying instrument).
If you’re a little more cautious or risk-averse in your approach, we’d recommend seeking out more traditional, buy-and-hold assets such as stocks and gold. This affords you a secure and appreciating store of wealth over time, although the returns in place here are typically lower than those associated with derivatives.
#3. Dropshipping

Ever since the turn of the century, people have been able to engage in online marketplaces such as Amazon and eBay and sell both bespoke and second-hand goods to customers.
The market has evolved, however, to the point where individuals can now engage in the practice of dropshipping and elevate their online marketplace activity to create a more entrepreneurial model of operation.
Dropshipping has certainly become more popular in the wake of Covid-19, as demand in the ecommerce market has boomed and previous trends have been accelerated.
With dropshipping, you’ll buy in-demand goods at wholesale prices, before selling and shipping these to customers at retail value. You’ll then bank the difference between these two prices as profit, relying on volume to increase your profits over time.
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