Are you looking for ways to earn money from home in order to thrive as a highly sensitive person? In this article, guest writer Christopher Davey shares tips on how highly sensitive people can start earning money without ever leaving their home!
Estimated reading time: 4 minutes
Working from home is a mixed bag for highly sensitive people (HSPs). On one hand, it’s a situation wherein separating work from personal life can be tricky. This may cause a build-up of negative energy in an HSP’s home.
But on the other hand, the biggest advantage of working and earning money from home is that you have virtually full control of your working environment.
It’s not always easy to do, but creating and maintaining a healthy work-from-home setup is not only possible, it can be your key to true work-life balance.
Apart from having a good Internet connection and a dedicated space where you can work uninterrupted, you also need to pick the right job that fits with not just your skills but your personal needs. Not every job, career, or method of earning from home can work for someone who is highly sensitive.
So, what are the options for highly sensitive people to earn money from home?
Here’s What You’ll Discover:
Foreign exchange or forex trading is the biggest and most liquid market in the world. Apart from the fact that new traders are always welcome to forex trading, it’s also arguably perfect for empaths who tend to notice things that others don’t.
HSPs are highly observant and tend to take their time and reflect before taking action. These characteristics can be very useful when assessing the profitability of forex trading decisions. A wide array of factors can affect the prices of world currencies. For instance, this includes minute details that non-sensitive traders tend to miss.
In fact, FXCM details how trading platforms typically come with customizable charts, indicators, and other tools for observing and analyzing both big and small market movements. Combined with the detail-oriented perspective of an HSP, these tools can be very useful for making the right trades.
All of these platforms are also accessible on virtually any mobile device. Consequently, this makes forex trading much more convenient for HSP’s trying to earn from home.
If you’re the type of HSP who likes consuming large amounts of information, you might excel in stocks. Like forex trading, stock investing leans on considering different factors and events before making decisions.
In order to succeed, an investor needs to be focused on the data and able to identify subtleties – characteristics of many HSPs. Furthermore, the Financial Times outlines how investment platforms, firms, robo advisors, and other tools and technologies for wealth management are more widespread now than ever before.
In the new normal, there’s no shortage of ways to put your money into a variety of stocks and diversify your portfolio. That being said, be aware that stock investments can be very risky, expensive, and slow to turn a profit. But if you invest in the right companies, you might just be able to turn your investments into a profit and create some passive income.
High-Yield Savings Accounts
Banks offer high-yield savings accounts as a way to get people to put as much money as they can into their vaults. The more money you put into this type of account and the longer the money stays in there, the more you can earn in interest.
While this is true for most savings accounts, a high-yield savings account is designed for high earning potential over long periods of time. It’s certainly not a quick method to create profit. But for HSPs, it can be a good way to make an investment with zero pressure or risk.
Indeed, creating a high-yield savings account, never withdrawing money from it, and periodically feeding it more cash is a surefire way to earn from home. However, you will need to wait several years before seeing significant earnings.
The Sky Is The Limit!
There are many other ways for highly sensitive people to earn money online and from home. But if you’re an HSP, these are some of the financial options that can allow you to leverage your innate strengths and hedge against your weaknesses.
About the author
Christopher Davey is a finance writer with a passion for helping everyone with their money management. Whether you are new to earning and saving or a veteran there are always new finance tips to learn. In his free time, he is an avid chess and poker player.