20 Ways To Earn Money In Malaysia During Lockdown

In the event of COVID-19 pandemic and lockdown, it is important to be prepared financially. There are many unfortunate events and the public is suffering.

This article will explore several ways you can prepare financially in case you are unable to work for a period of time or if your employer goes out of business. Some people may be able to use these tips as a way to earn money during the COVID-19 pandemic. There are many ways that someone could potentially make some extra cash when they need it most. The following 20 ideas were chosen based on their popularity and relevance within the past few years. More importantly, these are ways you can earn some money and stay afloat during the COVID-19 pandemic in Malaysia.

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    1. Other people's trash is your treasure.

    Many countries on Earth are filled with garbage, so selling scrap metal and similar items can earn you some extra money. Try searching for local online adverts or perhaps post a wanted post on Facebook or Twitter to see who is willing to pay good prices for unwanted goods.

    Use this time as an opportunity to earn some cash while recycling all the junk that has been laying around at your house or workplace.

    Unwanted Items Malaysia

    2. At-your-service IT help

    You may earn money by charging friends, family members, neighbours and other acquaintances a fee for helping them set up their new personal computer system (PC) after they have lost everything during the COVID-19 pandemic.

    If possible, ensure that you charge extra for installing any software, such as popular games or photo editing software. You can earn even more by adding certain digital media in CDs/DVDs/USB to the package as well. Keep in mind that people will be less picky about the condition of these items since their current belongings have been destroyed during the COVID-19 pandemic.

    3. Buy and sell (and make a profit)

    buy and sell to make money in malaysia

    If you are good at building things, consider purchasing durable items from local hardware stores (such as nails, screws and various sizes of wood) during your preparation time and then selling them online when the COVID-19 pandemic goes viral all over Malaysia and other regions around the world.

    Although it may seem like a lot of work in order to earn money this way, you will earn a profit from reselling any items that were bought at reduced prices. For this method to earn money during the COVID-19 pandemic, it may be beneficial to contact many online trading sites and/or auction sites in order to earn maximum benefits.

    4. Stepping into *ahem* industry

    You may earn some extra cash by becoming involved with the so-called "Black Market." This is usually an illegal underground market where people sell both legal products as well as underground items such as *ahem ahem* stuff.

    Although there are risks involved (such as being caught by police officers), this is one way that people have been able to make extra money during the COVID-19 pandemic all over the country.

    Personally, I don't suggest or encourage you (in anyway) to choose this option. EVEN IF YOU ARE DEAD DESPERATE!

    5. Buy and save money

    buy to clear malaysia

    Many grocery stores have a section of "miscellaneous goods" where you can earn some extra cash by selling any unwanted items that are still in decent condition.

    This is another way to earn money during the COVID-19 pandemic if your home or office has been affected and you cannot find any other ways to save money (not earn money) during the pandemic.

    As an added bonus, this method may earn you great discounts when purchasing additional groceries from the same store!

    6. Leverage online eCommerce platform (and make some money)

    You might earn some extra cash by putting up an ad on Mudah, Shopee or Lazada. Although there is no guarantee how much business will be generated online, it could potentially earn you some extra cash for selling unwanted items that you have collected in the past.

    make money in malaysia with shopee and lazada

    The best way to earn money using this method during the COVID-19 pandemic is by staying organized, replying to all emails and setting up an online payment system (such as Paypal) so that people can pay for their goods and services easily while both parties earn maximum profits.

    6. Start an online store and sell things online

    You might earn some extra cash by putting up an ad on Mudah, Shopee or Lazada. Although there is no guarantee how much business will be generated online, it could potentially earn you some extra cash for selling unwanted items that you have collected in the past.

    The best way to earn money using this method during the COVID-19 pandemic is by staying organized, replying to all emails and setting up an online payment system (such as Paypal or Stripe) so that people can pay for their goods and services easily while both parties earn maximum profits.

    Important: Starting an online store is actually much easier than you think. Since MCO 1.0 in Malaysia, selling your products online allows you to be visible all the time (thanks to the Internet) and having a wider range of potential buyers. For example, the availability of PosLaju and J&T allow you to courier products to buyers across Malaysia in just a matter of days (instead of weeks). If you have no idea how to start an online store and start selling online, get in touch with me here and I'll show you how you can start for free.

    7. Work part time to earn money

    One of my favourite ways to earn money is by getting involved with local companies such as bakeries or restaurants. Many businesses are looking to hire more part-time workers during MCO and EMCO as it is cheaper than hiring a full-time worker. If possible, try asking your current boss for a permanent part-time position (after you perform the work well).

    8. Bid, win and sell merchandise

    shopee contest

    You may earn some extra cash by entering the end of year raffles that are usually done in many countries (such as Malaysia, Singapore and Japan).

    Although you have to be lucky enough to win first or second place prizes, there is no harm in trying your luck with this method since it's free to enter!

    The best way to earn money using this method during COVID-19 pandemic is by watching out for popular products such as digital cameras and smartphones that are being sold at low prices as well as electronic gadgets that can make life easier for anyone who has just lost all their belongings from COVID-19 pandemic.

    9. Sell newspapers and magazines

    One of the easiest ways to earn money during COVID-19 pandemic and lockdown in Malaysia is by selling newspapers and/or magazines in popular areas (such as housing area). You do not necessarily have to carry around a large bag full of magazines since many similar products can be merged into one package that people will find more convenient; for example, you could sell a combination of ten or twelve different magazines instead of carrying them all around individually.

    Although your profit margin will be slashed if you go this route, it's still an easy way to earn extra cash during COVID-19 pandemic when it comes into effect!

    Important: You may not be able to sell newspapers and magazines (like sending house to house) due to lockdown and movement control. Make sure you follow the latest guidelines provided by the government to avoid breaking any law.

    10. Freelancing during lockdown and MCO

    You can earn some extra cash by doing freelance work for local businesses or individuals during the COVID-19 pandemic. If you do an awesome job, your reputation will definitely help earn more profit in the long term! The best way to earn money using this method during the COVID-19 pandemic is by marketing yourself as someone who can make a difference in people's lives when it comes to building websites and other online projects.

    If you are looking for ways to start freelancing with no investment, I suggest you take a look at Income Stream Experts for some freelancing tips for Malaysians.

    11. Selling cheap homemade meals

    One of my favourite ways to earn money is by selling homemade meals at a discounted price (such as RM5 per plate). During the first few months, you'll have to spend time preparing all your ingredients to ensure that all the food you make is both healthy and delicious.

    Once you earn a good reputation, more people will be willing to pay more money for your meals so that they don't have to cook their own at home during the COVID-19 pandemic.

    12. Start a blog and earn money during COVID-19 pandemic

    start a blog malaysia

    One of the easiest ways to earn money is by blogging about interesting things (such as popular products or events) that people will definitely relate to during the COVID-19 pandemic.

    Since this method requires a lot of research as well as consistent effort (even after getting fired from your current job), it's worth considering if you want to earn extra cash in an easier way!

    The best way to earn money using this method during the COVID-19 pandemic is by learning the basics of search engine optimization through a series of videos that are available for free on popular websites such as YouTube.

    13. Working as contract workers

    Retrenchment is real in Malaysia. As long as businesses are open, there will always be demand for contract workers. In this case, you can apply for contract workers with government agencies or even local companies. These contracts usually offer anywhere between 3 to 12 months of work opportunities.

    14. Continue to look for jobs (and be open minded about it)

    recruitment in malaysia during covid 19

    Although some jobs may earn you more money (such as freelancing), working for an employer is a lot easier since it's less stressful and can earn you a steady income during the COVID-19 pandemic.

    Before you become desperate for this kind of job though, make sure that your skills match the requirements so that your efforts won't go to waste! The best way to earn money using this method during the COVID-19 pandemic is by applying to hospitals or medical centres in your city/town.

    15. Become a freelance writer in Malaysia

    You can earn some extra cash by becoming a part-time copywriter for popular websites! Be sure to promote yourself as someone who is experienced in this field (such as receiving awards from previous jobs) so that your efforts won't go to waste during the COVID-19 pandemic.

    freelance writing in malaysia

    The best way to earn money using this method during the COVID-19 pandemic is by researching the latest trends and marketing strategies in the digital world before applying for a job (even if it means doing internships).

    As a freelance writer, you can earn anywhere between RM20 to RM500 depending on your experience and expertise in writing the given topic.

    16. Investing into mutual funds

    If you earn enough cash along the way, consider investing some of your savings in mutual funds or stocks so that you earn more money once the economy is stable again.

    The best way to earn money using this method during the COVID-19 pandemic is by starting out small (by just investing RM100 or more) and allowing it to grow into something bigger as time passes (which means you earn more money).

    Important: Investing in mutual funds or other bank funds are always a long term goal. You won't see the profit or results immediately and those are geared more towards future saving.

    Make sure to read about recent events before making any decisions so that you earn money in the best way possible.

    17. Coaching and helping others

    You can earn some extra cash by becoming a part-time life coach for people who are struggling during the COVID-19 pandemic (it's no surprise that most to all of them will start online).

    For example, there are business owners who are struggling right now and they are desperate to get help in order to grow their business during the COVID-19 pandemic in Malaysia.

    18. Investing into businesses

    buying over business during covid 19 malaysia

    If you earn enough money, consider investing some of your savings in a small business (such as opening up a corner cafe near your area that sells hot coffee).

    The best way to earn money using this method during the COVID-19 pandemic is by choosing popular products with high demand so that customers are willing to pay for them.

    By doing these things, not only will you earn cash but also earn the trust of other people who need items right away.

    19. Buying over businesses altogether

    This may sound strange, but if you earn enough cash along the way through hard work and determination during the COVID-19 pandemic (when most people are panicking in shopping malls), consider buying businesses that earn you profit. You will earn money once the COVID-19 pandemic has ended and the economy is stable again.

    The COVID-19 pandemic had led to severe economic issues in Malaysia where small business owners are selling off their businesses at low prices. If you have the money to invest, this is an excellent time to do so.

    20. Investing digitally and virtually

    investing digitally and virtually

    If you earn enough cash along the way, consider investing some of your savings in virtual items that can earn you more money as time passes (such as stocks for a company).

    For instance, if a popular video game company launches their next instalment after the COVID-19 pandemic, sell those items at online forums like eBay or local trading websites for profit (since the demand for them during this period is high).

    The best way to earn money using this method during the COVID-19 pandemic is by buying stock in a brand newbie company that has recently received funding from investors.

    BONUS: Make some money by investing in cryptocurrency

    Investing in cryptocurrencies is one of the most popular ways to make money (but one that is high risk).

    Since the drop of Bitcoin prices, Malaysian had flocked to various cryptocurrency exchange to buy some Bitcoins. The trick here is to buy and store cryptocurrencies such as Bitcoin and Ethereum from reliable and regulated exchanges in Malaysia such as Luno (you can sign up for a free account and get RM25 credit).

    In order to earn money from investing in cryptocurrency, the best way is to buy when the price is low and sell when the price is high. Plus, avoid being greedy and only buy what you can afford.

    Summary: Making a living during COVID-19 and lockdown in Malaysia

    Here are 20 ways to earn money during COVID-19 pandemic that can earn you steady income once this event has ended! Remember, the important thing is to stick with your plan and keep pushing through until everything is over.

    If you earn enough cash along the way (whether it's by being a freelancer or investing your savings), consider furthering your education at a university so that you earn more money in the long run.

    Good luck and feel free to share this article on social networks using the buttons below if you liked what you just read.

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