Best ways to make money online
Top 10 Money Methods
There are many different ways that you can make money online. I have created a list of the top 10 most popular options to earning a new income stream below:
- Casual job: Look into doing a casual job such as social media marketing on the side for additional income.
- Passive Income: Generate ad revenue to earn extra money and create a passive income stream.
- Investing: Research and learn how to start investing in the share market.
- Affiliate Marketing: Work on building affiliate marketing on a website.
- Blogging: Start a blog on your own website.
- Coaching: You can coach or tutor others on YouTube as a way to get additional funds.
- E-commerce: Create an e-commerce store through Amazon
- Freelancing: You could start freelancing on Fiver offering services to design websites.
- Trade: You can buy and sell goods on Etsy to generate an income.
- Mystery Shopping: Complete mystery shopping jobs as a way to your boost income.
Offer an Online Service
One of the easiest ways to start earning money online would be to provide online services to businesses. The reason is that the outlay is generally low and is focused on investing your time. Provide a service that can harness your expertise. For instance, you could be a bookkeeping, virtual assistant, social media marketing or website design that businesses are willing to pay for. These options are not a quick fix to solve money issues rather a long term strategy to build passive income. consistency and high-quality service can allow you to reach your financial goals sooner. Whether you start a business, side hobby, causal job or invest you are making an effort to invest in yourself. These side hustles can help streamline your path to achieving financial independence.
Before you can build a base of followers you first need to build a brand presence. This would require promoting your services on websites such as Fiver or reaching out to groups and businesses via social media. It can be done but you first need to invest in your own skills first so someone is willing to hire you. Once people know and understand your brand they are money likely to return and become repeat customers. Therefore, it is crucial that you go above and beyond to ensure that you are offering premium customer service. If people have had a great experience they will be inclined to refer your business to others needing a similar service.
How can I earn $10 a day?
You can earn $10 per day by tutoring a class. There are many websites that offer online tutoring from languages to maths or science classes. You could offer services on fiver being a virtual assistant, writing blogs or offering social media services. Being an expert in social media tools such as Pinterest can enable you to promote links from your website to a new audience. These Pins are designed to capture the attention of viewers. From there they can click through to read the article or website that the pin is linked to. By posting regularly you can drive a new traffic source to your website and increase the ad revenue that you generate.
Paid Online Surveys – Pureprofile
Another method to easily start earning money online is through paid online surveys. Pureprofile offers access to short paid surveys with cash incentives. The cash reward is instantly recorded in your account with Pureprofile that is transferred to your bank account on a periodic basis. You also have the chance to enter competitions with great prizes and gift vouchers just for providing your own opinion. By completing some initial questions when setting up your account you can receive more tailored surveys. Therefore you are more likely to be engaged and enjoy completing the surveys while getting paid.
If you would like to get started follow the Pureprofile signup and create an account. As this is an affiliate link I would receive a small commission on signup. Earning an extra $10 is easily achievable once you have put the right steps in place. Alternatively, if you are looking for another paid online survey website, try Humaniti. It only takes 2 minutes to sign up and you can easily earn $5 just for completing the first survey within 5 minutes.
I have included a list of some popular ways to make money below:
What is the fastest way to earn money through blogging?
It is important to consider a blogging niche that appeals to the most basic of needs will always be in high demand (Maslow’s Hierarchy of Needs). This is because people will always need to manage their money, look after their health or search for the next best place to eat. You should focus on a niche that appeals to you, for me that is personal finance and using passive income as a means to reach financial independence.
The fastest way that I have found is through affiliate marketing. This is because you can offer targeted links to your audience who will want to engage with the product if it is related to your niche. You will need to partner with reputable brands. This will ensure that the products you are promoting align with your values. To learn more about using affiliate marketing to monetise your blog, I have included a link to the review of affiliate marketing.
Earn money by saving money
Aside from jobs and services to increase your income you can also adopt more passive methods. One example of this is by saving more. A smart budget can allow you to stay on track with your spending and maximise the funds that you have already earned. With these funds, you can then seek passive investments to grow your income. I have included a list of steps to consider when tracking your spending habits:
- Firstly, you can reduce spending, save money and increase your income by tracking your expenses with a budgeting app. Earn a $10 bonus for signing up with either Cashrewards or ShopBack.
- Secondly, whilst reducing spending isn’t always the answer it is one method to ensure your finances are in order. So, make sure to have a look at WeMoney. ‘
- The WeMoney budgeting app automatically allocates your expenses into categories. For instance, Ttese include groceries, food and drink, travel, insurance, home expenses and general.
- You can also get a snap shot of your money coming in and out. The visual line graph makes it easy to track your spending against your set budget.
- Finally you can get a summary snapshot of your credit score. The dashboard helps to show you where you need to improve for becoming a better borrower. To get started, find the app on the app store and make sure you enter the code LIUH1533 to receive a $5 signup bonus.
FIRE Guide
To get started in investing have a read of the FIRE Guide. It provides an introduction to a long term investing community. Here you can discover ways to improve how you set and track your financial goals to achieve your targets. You can decide if this is a long term strategy that you would like to adopt to grow your income into the future. To get started in your investing journey, read the Wage Investor FIRE Guide below.
