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Become an online tutor

If you’re looking to earn money on your own schedule, consider becoming an online tutor. Companies that hire tutors often provide the flexibility to set your own hours, allowing you to work when it’s convenient for you.

You’ll need a strong understanding of the subject you plan to tutor, as well as effective communication skills to explain concepts clearly to students. Additionally, having a teaching degree or relevant experience in the field can increase your chances of landing a tutoring position.

You can find online tutoring jobs on platforms such as:

    TutorMe
    Yup
    Cambly
Become a Twitch streamer

While Twitch started as a gaming platform, it’s quickly evolving to include other types of content. Nowadays, Twitch streaming is an increasingly popular way to make money online.

You’ll need to find a popular game or channel that isn’t overly competitive so people can easily find your content. In order to get people to notice your streams, you’ll need to have a consistent style for your channel: Is it going to be funny, educational, or entertaining? Choose your path and stick to it.

There are five ways to monetize your Twitch channel:

    Sell products
    Offer brand sponsorships
    Accept fan donations
    Offer subscriptions
    Run Twitch ads

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Invest in stocks

Investing in stocks can be a way to make money quickly, but it’s not without risk, especially if you’re inexperienced. While the rewards can be high, you might also face losses.

If you have a 9-to-5 job, consider exploring your company’s financial programs. Does it allow investment in company stocks? If so, this could be an option. With company stock programs, your role as an employee may influence the organization’s success. Additionally, if your company offers an RRSP matching program, consider this as a way to save for retirement or a down payment on a home.