There are few feelings worse than the gut punch surprise of losing your job. It can be a tremendous blow not only to your finances and your family plans, but to your psychology. Losing your job can make you feel like the world around you is crumbling. It throws plans for family trips and vacations up in the air, compromises your ability to enjoy the comforts that make life so enjoyable and give your kids everything they need to live happy, healthy lives. It can also take its toll on your self worth, especially if you have define yourself by your job and your career. You need to start earning again and soon. There was a time when this meant that you’d have to sign up for welfare benefits while you trawled the classified ads looking for a new job and career. Fortunately, however, the sharing economy may well have your back. Even if you don’t use it to launch a new career for yourself as a freelancer, it can still enable you to make good or even excellent money in order to keep the roof over your head.

What is the sharing economy?

The sharing economy represents a move away from the vertical means of production, distribution and sale upon which retail and other markets have relied for so long and towards the peer to peer sharing, buying or selling of goods and services. For example, you may notice fewer people buying physical media since the Netflix model integrated digital streaming, allowing people to share a huge repository of digital movies and TV shows without ever owning them. This has also enabled people to become self employed to work in a range of fields working gig jobs. The benefit of this is that it has made it easier than ever to find work quickly without the administrative delays of finding and starting a new job. Of course, this also means that you won’t enjoy a regular salary or the benefits that usually come with full time employment. Nonetheless, the sharing economy may prove lucrative to you in a number of ways.

Monetise your motor

If you own a car or motorcycle, there are a huge range of ways you can make money with your vehicle. You could become an Uber driver and make good money transporting passengers to or around your hometown or become a delivery driver for the taxi giant’s sister company Uber Eats if you want to monetise your bicycle or motorbike. The money is pretty good and the tips can be very generous. Plus, all those maintenance costs which you’ve paid for all these years will now be tax deductible. If you choose to monetise your vehicle, it’s important to be safe. An accident on your motorbike could leave you seriously injured and cripple your earning potential. If you are injured as a result of someone else’s negligence visit for more information on making a claim against them. Remember that your reputation is all important in the sharing economy so your behavior on the road must be flawless.

Monetise your spare room

If you have a spare room that’s used for little more than storage, a lick of paint and a freshly made bed could turn that space into a money spinner thanks to services like AirBnB.

Market your digital skills

If you work in digital media and have a talent for writing, blogging, web design, or graphics you have highly monetizable skills that could prove very lucrative on your own terms. Sign up to People Per Hour and set up a profile. Once people see your portfolio they’ll be falling over themselves with offers.

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