HOW TO START EARNING
Making more money could likely solve a lot of your problems. In the past,
Luckily, in the age of the internet, making extra money (or your whole paycheck) online is incredibly easy if you know where to look.
Here are 10 ways to make (and save money) online:
1. Take surveys online
Take surveys online
While taking online surveys won’t make you rich by any means, a few minutes of your time can earn you a few extra dollars.
Swag-bucks
Swag-bucks allows you to earn points and then redeem them for gift cards or cash back. And the cash back option is available for over 1500 retailers including Amazon, Starbucks, Target etc. Lots of options!
Here’s how it works: you earn points by shopping through their portal, filling out surveys, watching videos, etc. The best part is it’s free to sign up! Plus they are currently giving a $10 sign up bonus
2. Become a freelancer
If you have a talent, chances are, you can sell your skill. Whether you’re a writer, artist, graphic designer, photographer, etc., there’s a freelance gig for you. Let’s cover a few possible freelance angles for you to take.
Freelance writing
It’s easier than ever to become a freelance writer (all of our writers at Money Under 30 are freelancers). With that being said, if you’re just starting out it can be difficult to find a writing job that will pay you more than pennies.
Teach online
If you like to teach and have some free time, consider teaching English as a second language. EF, an online teaching company where you could earn up to $2,000 a month, making it a pretty great side-hustle.
Many of the tasks advertised on Task-Rabbit involve tasks such as:
Putting furniture together
Moving
Running errands
Picking up groceries
3. Invest with a robo-advisor
Invest with a robo-advisor
Robo-advisors put your investments on auto-pilot. With many robo-advisors, all you have to do is choose your risk, your goals, and fund your account. The robo-advisor will take care of the rest. For those who are looking to invest, but may not understand the ins and outs of investing, robo-advisors can help.
4. Invest in real estate
Investing in real estate online is a great form of passive income if you’re open to a little risk.
Real estate crowd-funding involves many investors investing small amounts of money into real estate ventures.
There are a couple of companies that are the frontrunners in the real estate crowd-funding industry.
Another well-known name in the real estate crowdfunding world is Fundrise. They have a super low minimum investment of just $500 (which is almost unheard of in the real estate industry), and Fundrise states that their annual returns generally range from 8.7%-12.4%. Read our Fundrise review.
5. Become a virtual assistant
Virtual assistants can make up to $16 an hour. You can work part-time or full time, and your schedule can be relatively flexible, as long as it lines up with whomever you’re working for.
What you need to be a virtual assistant:
Laptop
Headset or cell phone
Good communication skills
7. Sell or rent your belongings
Sell or rent your belongings
This could mean selling a few things here and there on Ebay, running a full-fledged online store, or renting out your home (okay, so that’s not entirely online, but it starts out there).
8. Create a blog
If you can create a niche audience for your blog, you can make an entire paycheck—just ask our founder.
To start earning money by blogging, you’ll need to use certain advertising tactics, the best for start-up blogs is:
Advertising and affiliate marketing
Affiliate marketing makes it possible for small blogs to stay in business. Rather than getting paid per 1,000 page views or per click—which is the traditional middle—affiliate advertising involves an advertiser paying an affiliate publisher (your blog) when it refers a paying customer.
9. Open an online savings account
Open an online savings/checking account
Opening an online savings and checking account can earn you a much higher interest rate than at traditional banks. Our favorite banks are below
Open piggyvest
Barclays Online Savings is currently yielding a 1.15% APY which is better than 18x the national average.
There is no deposit required to open an account and there are no monthly maintenance fees to worry about. To receive the APY you must have at least $1 in your
Discover Online SavingsDiscover Bank Online Savings Account
10. Become YouTube famous
If you’re good at talking in front of a camera and have an idea/product you want to discuss, YouTube could be the perfect platform for you. You can earn money on YouTube in a variety of ways:
Become a YouTube partner
The big money on YouTube is if you meet the requirements to become a partner. This year, YouTube changed the requirements to become a partner. You need to have a channel that has reached 4,000 watch hours in the previous 12 months and 1,000 subscribers.
When you’re a partner, you start earning by how many views you receive. Here’s how it works: “YouTube takes around a 45% slice of advertising revenue, although the CPM (cost per thousand) that advertisers are charged varies. Most partners earn anywhere between $0.30 to $2.50 CPM.”
Connect to Google AdSense
Once you become a Youtube partner, you can connect to Google AdSense, their advertising system. You’ll be paid based on the number of “impressions” your videos get. That’s when someone clicks on or watches an ad.
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