Smart ways to make money in 2021
So, you are looking to make money in the most efficient way possible. Whether you are stuck on cash or are wondering where best to invest, you need to look no further—read on to discover effective ways to improve your monetary situation.

Photo by David McBee from Pexels
Create an in-demand service or product
Take a look around you at the zeitgeist. What is happening in the world? What products or services are people pining for, or how could the ones in place be improved? Asking these questions is the first step towards coming up with a money-making idea. In 2021, for example, most people are wearing masks in public places—you could develop a multipack of reusable fashionable masks in different colors, patterns, and materials to complement a range of outfits.
Invest in a digital currency
Currencies like bitcoin, ethereum, dogecoin and SafeMoon hold the same value in every country as there is no exchange rate. Although volatile in price reduction and increase, buying and holding cryptocurrencies is a relatively easy money-making opportunity. Bitcoin is the market leader of cryptocurrencies. Launching in 2009, its market capitalization is $1.017bn, as of April 28, 2021. If you are not sure how to invest in bitcoin—first, get a Bitcoin wallet, buy BTC, and then hope that the Bitcoin price spikes.
Invest in property
Making money through rental income is an excellent money-making opportunity that does not require as much time and energy as a 9-5 day job. Suppose you have the patience to wait for your return on investment; buying off-plan properties will allow you to raise even more cash by selling off properties still under construction.
Flog your old stuff
Let’s face it, creating an eBay account isn’t difficult. Or even better, selling Facebook Marketplace requires no fees, so you harness the power of social media and keep all the profit while you’re at it. Once you have sorted through any clothes, gadgets, or furniture in your home that you aren’t using or don’t wish to possess anymore, it’s time to list those items for sale! Remember, what you think is junk could be a priceless item to somebody else out there, and they may be willing to pay a lot of money for it, too.
Enter free competitions and giveaways
Entering competitions is not a consistent or reliable way to make money, but entering competitions advertised on social media requires little to no effort from you. If you win, the rewards can be extensive. Before entering, ensure the prize draw or giveaway is legitimate and does not require personal details.
Host an Airbnb
Is there a spare bedroom in your home that sees no use? You could rent this room out on Airbnb and start earning money fast—this is a particularly lucrative option if you live in a city, a coastal area, or anywhere of interest as many people will book to stay. Top tip: if your room is clean and welcoming, people will be more likely to leave a good review, and that high star rating will encourage more holiday-makers to stay.