Income options when you are unable to work

Life holds a lot of uncertainty, and things can change at the drop of a hat, preventing you from continuing your daily routine that you’ve been used to for a number of years.

If you have recently been diagnosed with a long-term illness, or an illness that will or has led to a disability, applying for ssdi benefits can be complicated. Money stress is something you really don’t need to add to the equation, and not being able to work can fill a lot of people with anxiety.

However, many people are making a living from home, and there is no reason why you cannot join that community. Here are a few options of how you can make money, without needing to sign up to 9 am – 5 pm job that your health will hinder.

Blogging

Many people have turned their love for blogging into a small business/full-time career. If you have a particular niche you like to read about or watch on Youtube; then there is already a market for you to delve into. You can create a business that encompasses what you are passionate about in life and spend time doing something you love. This will not only help your morale but keep you focused on other things whilst coming to terms with your illness or disability.

Investing in the stock market

Though this may take a little longer to create an income from, and does not replace the need for a monthly income, you can make a lot of money from the stock market if you know how to. You should only invest money that you can afford to lose, but if you can stomach the risk, the potential earnings are incredible. Penny shares are quite high-risk, but carry the potential for huge growth in a short period of time.

You could buy $500 of shares in a company that only costs a penny per share, and if they raise in price by a penny that you have doubled your money. Companies in this pool tend to be startups (hence the potential for growth) or companies on the way out. So be careful where you invest, you could end up losing everything if the company goes into liquidation.

Online tutoring

If you are a lover of education and had a particular subject that you carried into higher education, you may want to look into tutoring. With the increasing pressure of high grades in schools, tutoring is very much in demand – especially if you can tutor a core subject such as Maths, English, Science or a language.

If you don’t feel well enough to be tutoring one on one with a student in your own home, online tutoring has been growing in popularity due to the flexible nature. You can tutor students from anywhere in the world, at any time of day due to time differences. So you can have a packed working day and successful business from the comfort of your own home.

Hopefully, this has helped to open up some potential career paths for you and help to paint the future with a positive brush.

There are plenty of people who have not let their illness or disability get in the way of having a successful and happy life, and you don’t have to either.