Nowadays, when we spend more time online than ever, it makes sense to take advantage of this technological surge and make money.
Even if you are unwilling or ready to quit your day job, you can still easily add some much-needed extra income to your bank account online.
Although no single clear-cut formula will work for everybody, there are ways to make money online if you have the time, perseverance, entrepreneurship, and motivation.
The good news is you don’t need to be a tech genius to do so.
Everyone can find their niche and a way to add income to their family budget by starting up their project or selling their products, services, or knowledge to others on the web.
Thanks to the shifts in the demand for online goods and services, you can start making money without leaving your home.
In many cases, all you need is a computer, an internet connection, and the desire to earn some extra cash.
Think about how much time you spend online every day for pleasure. Now think about the opportunity to start making money while you are online.
If you find a suitable way to add money to your income legitimately, you will soon start feeling the effect of those extra dollars in your account.
For those of you who are willing to start making money online but unsure where to begin and how exactly to do so, I have compiled this detailed guide with over 50 ideas on making cash online.
Remember, there is no quick fix, and if somebody tells you you can become a millionaire in weeks or months, they are probably scamming you.
Since this list contains ways to earn income online today and establish long-term profitability and sustainable revenues, there is an online job for just about anyone on it.
Why is now the right time to start earning money online?
With over 4.3 billion active Internet users, how we make our purchases, which we communicate, and in which we do business has been changing drastically.
Today, it doesn’t matter where you live and how much money you saved to start a successful business or earn cash online. There is a demand for just about any skill, product, or service from potential customers around the globe.
There are so many clever ways to receive additional income, so all you need to do is start making money online now!
Stay away from the promises of easy and fast money
If somebody offers you a get-rich-quick way to make money online, it is probably either a scam or completely illegitimate.
Yes, there are some ways to make a large but one-time profit on the internet, but our goal is to guide you through the process of making money long-term. This will allow you to have greater financial freedom and improve your lifestyle.
So, instead of focusing on these lucrative opportunities, which may damage your personal life, we suggest you focus on finding a niche where you can achieve long-term, continuous extra income.
Yes, this may require more time, effort, and some sacrifices, but in the end, you will find that you have a sustainable source of income for yourself and your family.
I will not offer solutions like completing online surveys or getting partial refunds for your online purchases. Instead, I am presenting you with real ways to earn that extra cash you need and become a full-time digital nomad.
So, read on to find the best legitimate ways to earn money online.
Become a valued remote freelancer
More companies and organizations are looking for freelancers for many of their services and products. This is a win-win situation both for the organizations and for the freelancers.
Depending on your skills, you can find the perfect niche to offer your freelance services to anyone who needs them and is willing to pay for them.
You can sign up for one or more leading freelance platforms like Upwork, Flexjobs, Freelancer, Fiverr, Guru, and multiple other websites dedicated to connecting freelancers with potential clients of their services.
By establishing yourself as a valued freelancer and creating a reliable network of customers, you can easily switch to becoming a full-time freelancer once you earn enough money to quit your day job.
The good news is that you don’t have to be a tech wiz or a writer like Hemingway to find someone willing to pay for your knowledge and skills, or services.
Once you find enough projects and clients, you can even set up your own company and hire your freelancers to take up part of your work.
On freelance job boards and communities like Upwork or Flexjobs, you can easily start earning sufficient income without spending days and weeks looking for clients for your work.
Thanks to the hundreds of websites focused on connecting freelancers with potential clients, you can find about any job you can apply for.
With websites like Amazon Mechanical Turk, you can even sign up to complete various manual tasks for companies from around the globe. And you can do that outside of your regular working hours too.
Many of the freelance platforms are free to sign up for, but most will require a fee to match you up with the best potential remote employers.
If you have skills like design, writing, marketing, app development, or any other popular ability currently in high demand, you shouldn’t have problems finding projects and customers for your work.
The best way to get started as a freelancer is to do some research on leading remote work websites like SolidGigs, Flexjobs, Greatcontent, or on specific skill-related online job boards to find jobs and projects which are suitable for you.
Also, make sure you check out the competition. Look at how many people are offering the same service or skill as you. If there are too many, you may want to think about alternative ways to add money to your income via freelancing.
Statistics show that about 36% of the working people in the US are part of the gig economy and 42% of the younger people freelance full-time or part-time.
U.S. Independent Professionals Earned $286 Billion in 2022, a Nearly 10% Increase Compared to 2021.
Overall, the basic steps that you should take when starting up as a freelancer are:
- Set your goal. Do you want to add some extra cash to your salary, or do you want to quit the whole 9-to-5 thing and start earning all of your income as a freelancer? Of course, this goal can change over time, and if your earnings from freelance work become sufficient and regular, you can decide to become a full-time freelancer.
- Find the best and most profitable niche for you. This is one of the essential steps in becoming a successful freelancer. Take the time to think about the specific skill set, knowledge, experience, and interest you have. Think about how you can use one of these or combine several to offer a service that people will be willing to pay for. Determining the appropriate niche should be your top priority and the first thing you showcase to your potential clients.
- Find those potential clients. Even though there is a demand for just about anything nowadays, it is essential to successfully target those people or organizations which might be interested in your specific skills. Do some online research to find companies, organizations, or communities of people who you should target. Then work on creating a portfolio and getting it to the right group of people in the right way.
- Set your prices. Depending on your services, experience, and skill level, you should set basic strategic prices for your work. Look at the competition. Also, think about how much time you will spend working on a specific project to set a price that is sufficient to add to your income and, at the same time, will not scare away your potential clients.
- Pitch your skills and yourself to your potential clients. Reach over via e-mail, LinkedIn, or suitable online platforms, and send them your LinkedIn page or your portfolio.
- Make sure you get a contract before taking up a job. It is essential to set up a habit of getting a contract prior to any freelance job you agree to complete. This will eliminate the risk of getting cheated and not paid for your work and give you peace of mind when spending your precious time on a particular project.
Take up a part-time or full-time remote job
The good news for those of you looking to earn additional income and also for those looking for ways to make a complete change to your career is that there are hundreds and thousands of organizations and companies that are looking to hire people remotely.
More businesses especially startups, are looking for ways to integrate remote work into their organizations.
It doesn’t matter where you live when finding a remote job. And you don’t need to be a young wiz to get a good remote job, either.
There are remote jobs for just about anyone, whether you are a college student, an experienced lawyer, a new mom, an advanced coder, an enthusiastic writer, a person with mobility issues, or anybody else.
There are thousands of listings for part-time or full-time remote jobs on the various freelance and other online job boards, communities, and platforms, including:
- The Muse
- Virtual Locations
- We Work Remotely
- Skip the Drive
- Virtual Vocations
- Authentic Jobs
- Remote OK
- HubStaff Talent
- Working Nomads
- Remote Jobs Club
- Stack Overflow
- 100 Telecommute Jobs
- Axiom Laws
- Remotely Awesome Jobs
- Ruby Now
- Toggl Hire
- Business Talent Group
There are many more general and skill-specific websites and platforms where you can find the perfect remote job for your needs and match your skillset.
So, go ahead and find that job that is the most suitable for you and get ready to join the growing army of digital nomads around the world.
Start your own Podcast
People have less time to read or sit and watch or listen to content. This is why Podcasts have become such a hit in recent years.
Research by The Podcast Consumer shows that 51% of Americans aged 12 or older have listened to Podcasts, and 32% listen to Podcasts every month.
Starting your own successful Podcast is a brilliant way to build an audience and make additional money online.
Keep in mind that building an audience can take some time, but if you can attract a sufficient number of people willing to listen to your Podcast, you will be able to attract advertisers too.
Starting a Podcast is relatively simple. You can create your own YouTube blog or channel and upload content that will interest people. Think about starting a Podcast about things you are competent in and which you are interested in.
To start up the Podcast, you will need the minimum required audio recording hardware and software. Thankfully, there are affordable Podcast plug-and-play setups offered on the market, so this shouldn’t be a complicated or overly-expensive task.
Some freelancers can help you set up your software and hardware and help you with audio editing if you have no previous experience.
Once you are ready with your podcast episode, upload it to SoundCloud, Buzzsprout, PodBean, SimpleCast, or another podcast hosting site. The hosting site will then store your episodes and share them with the major platforms, including Spotify, iTunes, TuneIn, and Stitcher.
You can advertise and attract new audience members, as well as potential interesting guests for your podcast, via your existing social networks or search for potential listeners for your specific niche in online forums and communities.
You should create a website for your show where you can share all episodes with your audience.
You can actually start earning money from your podcasts by attracting advertisers and sponsors, offering subscriber-only content, playing live shows, by asking for donations or funding, or selling your products via your show or on your webpage. The best idea is to combine all of these if you want to monetize your podcast.
Start your own blog for affiliate marketing or for selling digital products
Starting a blog and being able to make money from it is a serious commitment that requires a lot of work, persistence, and patience.
But if you are willing to do it, and you do it properly, you can make very good money from your blog.
The first step is to find the best niche for your blog. It would be best if you were experienced, knowledgeable about, or at least interested in this. The idea is to attract an audience and build it over time.
Until several years ago, the traditional way to start a new blog was to launch it, grow your traffic, and use Google AdSense.
It still can work, but remember that many people find misused ads very annoying, and they use ad-blocking tools and extensions and may even unsubscribe from your blog or avoid it because of these ads.
This is why it makes more sense to use affiliate marketing or to sell your own digital products on your website. You can also attract advertisers and write sponsored posts as well.
If you have loyal followers, they will trust you enough to take your advice about buying certain products or services.
You can also create your digital products, such as videos, podcasts, and special content requiring a paid subscription. You can also write and sell ebooks, guidelines, software, or anything your subscribers will be willing to pay for.
You can even ask for monthly subscription fees if you have readers and followers who will be keen on paying for reading your content.
If you want to start up a blog and make money out of it, the first thing to do is to register a domain. The other option is to choose a free platform like WordPress, Blogger, or Tumblr for your blog.
Having your own domain will provide you with complete authority over your website and blog. You can find very affordable and reliable companies like
Find which is the best cheap web hosting from our review
After you finish these technicalities, it is essential to pick a Content Management System (CMS) that will allow you to build your blog, update it, and integrate the services you need into it.
WordPress is the most popular CMS in the world, so you may want to stick to it, but once your traffic starts growing, investing in a WordPress-managed hosting plan will allow you to customize and optimize your settings.
Choose a WordPress theme, that will become your blog’s and website’s barebone design, so make sure you pick wisely. Picking a professional-looking theme is essential, so make sure you invest in a good one.
You will also need powerful marketing tools that will allow you to grow traffic to your website.
Once you are ready with this, you should start building and uploading content that will attract traffic to your website and also to your affiliate partner’s website.
Also, look for potential affiliate partners and advertisers suitable and willing to work with you.
Affiliate marketing is reviewing, promoting, and selling the products offered by another company and referring your readers to their online store. When a person clicks on your link and completes a purchase, you will get a percentage of each sale or a fixed commission from the affiliate partner.
Use Keyword Planner to check the organic search volume on the topics you are planning to write about to get the best ideas for keywords and topics in your niche.
Once you find the most suitable topic and keywords, then you can start working on creating unique, interesting, and useful content. This will prompt other reputable websites to link to your site, and thus help build the authority of your page.
Obviously, the higher the ranking of your page, the more interested readers will land on it via Google or another internet search engine, and the larger the chances are that they will click on your affiliate links, and eventually make a purchase.
This process may take a lot of time, but in the long run, if you manage to create and add other high-quality content to your blog, your traffic will grow, and your affiliate income can become pretty substantial.
You can join the Amazon Affiliate program and choose from the millions of products sold by the internet retail giant via Keyword Planner. With every sale through your affiliate links, you can receive up to a 10% commission.
There are many other reputable affiliate networks that you can partner up with as well, including Spocket’s Affiliate Partner Program, Shopify Affiliate Program, Fiverr Affiliate Program, Constant Contact, ClickFunnels, FATJOE, ThirstyAffiliates, ShareASale Network and many more you can work with.
You can also contact companies in your niche directly and ask them about their affiliate programs and practices too.
There are many very useful online resources, courses, and training programs on building a successful blog that you may want to check out too.
Sell products online via multiple channels and platforms
There are so many people and businesses selling products online nowadays, that it is difficult to enter this existing market without having either a brilliant and very specific product to sell or without spreading out across as many channels as possible in order to sell your products or services.
Then again, the demand for products offered online is increasing rapidly too, so if you find the appropriate products to sell, you can start making money online pretty quickly.
In order to start a successful online business with physical products, you need to find or create a product that your target audience will love and want to buy.
Then you will need to find where to buy the product at the least high price at e-commerce marketplaces like AliExpress, DinoDirect or Light In The Box and promote it and hopefully sell it at a higher price to your customers.
You can either rent your own storage space and find funding for buying your initial inventory of goods or choose the option of drop shipping instead.
With drop shipping, you partner up with a retailer or manufacturer and sell their products without having to invest in buying stock, storing it, or shipping it to your customers. All you need to do is create a website and fill it up with products that can be drop-shipped to your potential customers.
Your profit margins may be lower if you choose drop shipping, but it is a less risky endeavor and requires much less initial investment.
Some similar opportunities include:
- Fulfilled by Amazon – which will allow you to store your products at their warehouses and make them available for free 2-day shipping for Amazon Prime Members. Amazon has more than 2.5 billion customers and shoppers per month.
- Etsy – you can easily market and sell your crafty or homemade products on Etsy.
- Craigslist – you can find local customers quickly and easily via Craigslist.
- eBay – the online auction giant is another platform to find customers for your goods from all over the globe, especially if you sell apparel, gadgets, electronics, or accessories.
Also, invest in creating your own e-commerce store and if possible in developing your own mobile app.
You can also think about adding chatbots, messaging apps, or using specialized email marketing software to keep in touch with your existing and potential customers too.
Expanding your presence on more channels will give you access to more potential customers.
Rent your car, bike, room, or anything else online
These days you can rent just about anything online via the multiple peer-to-peer renting apps and platforms, so think about the opportunities for making some additional cash that you already have.
In the meantime, you can also rent out the free parking spot via JustPark.
If you have one or more spare rooms, you should consider renting them out short-term o the peer-to-peer rental platform Airbnb. Many people who have started up with renting a single room or property on the website are already making serious money out of it. Many have even started buying more properties and renting them out with the profits from Airbnb.
You can add other services to your Airbnb guests, such as tours, bar crawls or whatever suits your lifestyle and area. This will attract more people and will bring you even more money.
But be prepared to be on call whenever someone books your room or home. You will need to find a way to keep it clean and safe, and welcoming to your guests at all times.
Create an online course, tutor, or sell your knowledge
Do you know that people will pay you to teach them something you already know or have mastered? We all know that knowledge is power, but it is a great way to make money online too.
Boards like Teachable have millions of registered users and students willing to pay for online courses.
You can create a course of your own and publish it on Thinkific where others may want to sign up and pay for getting access to it.
You don’t need to be a person with years of professional experience to start selling your knowledge. In fact, you can teach people how to do their taxes, calculate their daily calories, write, draw, and just about anything you know.
If you are an expert in a certain field, you can also offer consulting and coaching services online on Facebook Live, Zoom, Skype, or another platform.
You can find people from around the world who are more than willing to pay for English lessons or for training their conversational or written English by a native speaker as well. The same goes for all other languages you may know.
Online tutoring of children and students is another possibility to earn extra cash. There are multiple website boards for online tutoring, including Skooli, TutorMe, Chegg, GoPeer, Preply, Take Lessons, ZEQR, wyzant, and others, which you can sign up for.
So, you probably already know that somebody is willing to pay you for.
You can start your new job as an online tutor, coach, or consultant by setting up a profile page on a platform for landing pages like Wishpond.
So, if you are an expert in a certain task or line of business, you can easily make money online by coaching others in the field to be more efficient rather than selling them your ready service or product.
Online coaching and tutoring are some of the easiest online jobs to set up and earn money. This is true if you are already an expert or confident in a certain subject.
Think about the knowledge you have acquired from your education and your work, and start selling your expertise online now.
If you manage to create a valuable online course, an ebook, or a whole package of them, this could lead to making a lot of passive income in the future. Setting up an online course can take more time and effort, but it will pay back if you can provide the interested public with the information and training they will be willing to pay for.
Of course, you must follow certain steps to ensure that your online course will be of interest and is worth setting up in the first place. Here are the basic steps to follow:
- Do some research and find a topic that is of greatest interest to your target audience and clients
- Make sure people will be willing to pay for it by doing online surveys or by offering pre-orders
- Create the content of your course and edit it
- Get it to the right audience via your subscriber email list
- Decide on the form of your course – will it be in the form of chats, video tutorials, e-mails, or other
- Use Keyword Planner and Google Trends to find the topics and keywords which are at the greatest demand in your field of expertise
- Look for partners, guest experts, and other influencers who can help you make and promote your course
- Analyze how people are taking to your course and whether they like the pace, form, and content
- Start building an audience for this and for future courses
- Sell your courses on platforms like Udemy or Skillshare
- Promote your online course on LinkedIn, Facebook, Reddit, or other relevant social networks and other websites
Invest your money online to make more money
Investing the money you already have is not as risky and complicated as you may think, thanks to the new platforms and apps developed to assist you.
You can try out The Robinhood app, which allows you to invest your money in options, stocks, cryptocurrency, and EFTs. Look for index funds that have the most diverse and broadest ranges on the market.
You can also try investing in international companies too, by using FOREX or other tools for global trading.
Investing in a broad range of stocks will protect your invested money from any downturns in the long run.
You need to be patient and brave enough to withstand the urge to sell when a short-term market fluctuation occurs because investing in stocks is a long-term money-making strategy.
You can choose a service that will allow you to manage your own investments if you don’t want to pay somebody else management fees for the job.
Deliver things and make money
Moving people and things is a niche with growing demand in the USA. Nowadays when many people prefer not to own cars, they use Lyft and Uber to get around instead.
Other services like TaskRabbit will allow you to offer moving families from one point to another for a fee.
If you are not ready or willing to drive people, you can deliver products instead. You can join UberEats, or DoorDash and deliver pizza or other food instead.
You can also earn money by applying at Amazon Flex to deliver packages to customers.
If you prefer to deliver services to customers locally, you can use TaskRabbit or other specialized apps and platforms made for hiring local people for carpet or window cleaning, pest control, electricians, HVAC installers, handyman jobs, and many others.
If you dedicate a certain amount of time and effort to providing such delivery or other services, you can quickly start adding additional income to your budget.
In fact, if you become a regular, you will be able to enjoy being your own boss and setting up your own working hours.
Earn money by writing, transcribing or self-publishing
If you have a gift for writing and have always wanted to write a novel or short story, now is the time to fulfill your dream, and hopefully make money from it online too.
You can use Kindle Direct Publishing to publish your written work, and offer it on Amazon. This way, there is no need to look for agents or publishers to take up and sell your work.
You can also make money online by transcribing audio and video files for others at Way With Words Jobs, or another similar platform.
Many people are already making quite a lot of money working as freelance writers for other people or for companies online. There are literally thousands and more jobs for freelance writers online.
You can offer your services to write guest posts on blogs at ProBlogger, or you can find projects at Upwork or Fiverr, or the hundreds of other Freelancer boards and networks.
Over time, you will learn to write stronger, unique content, and will be able to find more customers and projects for your written work.
The richer and better your portfolio, the more opportunities for find well-paid freelance writing jobs.
Some of the best freelance platforms for writers include Contena, Freedom with Writing, Paid to Blog, Media Bistro, Contently, Hirewriters, Blogging Pro, Morning Coffee Newsletter, Freelance Writing, and many others.
Multiple online resources can help you become a better writer and sell your work online.
Make money online by coding
Having coding skills in this day and age is a very valuable resource to have. Coding skills of all kinds are in high demand globally.
The fact is that the growth rate of coding jobs is 50% faster than most other jobs on the market. So, no matter whether you have a suitable education or you are self-taught for coding, you can easily find a way to make money through your coding skills.
You can find jobs and projects for developing apps, platforms, chatbots, and others easily. Coding in the sphere of artificial intelligence and natural language processing is especially highly valued right now.
If you have the skills, or the willingness to learn you can make quite a lot of money by online coding new skills for Amazon’s Alexa assistant. In fact, Amazon has its own Alexa Developer Rewards program for people working on coding new skills for Alexa.
You can start coding online even if you are still a student in college or if you are working full time somewhere. The money from this type of work which you can earn is much better than from selling other work and other services online.
You can find suitable projects and jobs for coding on the many freelance platforms like Upwork, Fiverr, Gun.i.o., Joomlancers, Rent a Coder, Gigster, Codeable, Programmer Meet Designer, 10x Management, YouTeam, and others.
Code and sell software online
Developers are highly sought for professionals because of the never-ending demand for useful software around the world.
If you can think of and actually develop a useful consumer application for a particular problem, a specialized app, a game or software which your niche customers will find useful, and will be willing to download and use, then you can make a massive amount of money online.
The fact is, that a large portion of the apps you are using daily, although available or sold at the official Google Play Store or Apple Store, were actually developed by individual freelance or independent developers and small businesses.
There are several basic ways to start making money online from developing software products.
One of them is the idea outlined above which includes you getting a brilliant idea about a very useful app, followed by testing your idea with real potential customers, before developing it or hiring somebody to develop it for you.
If everything goes right through the planning and execution of your project, you should be able to make your app available on the Google and Apple Stores, where you will receive money for each download, as well as every time a user pays for a premium feature.
The less expensive way to go is to develop your own software, retain the ownership of it, and promote it to potential customers yourself.
Although asking for money to download your app is not a good idea, you can still earn a lot of money from it if it is being downloaded and used. You can use advertising, offer in-app subscriptions, or in-app purchases, and you can use it to sell merchandise too.
Suppose you are a novice in software development but are interested in learning the latest development skills. In that case, you can sign up for various online courses on learning platforms like CodeAcademy, Skillcrush, or Treehouse.
Test websites for some additional income
Many organizations are ready to pay you for your objective thoughts on certain websites. You will be asked to test how easy the website is to navigate, how clean the design is, and also to share your overall experience when visiting and browsing through the website.
You can easily earn about 10-30 dollars for testing websites for 20 to 60 minutes.
Become an audiobook performer
If you have voice acting or acting skills, you can find an online job as an audiobook narrator. Although the audiobook industry is booming today when fewer people have the time or opportunity to read, only about 5% of all books on the market have been made into audiobooks.
This is an excellent opportunity for making money online for people with the necessary skills and abilities.
Get paid for voice-overs
Another way to make money online via your voice and acting talent is by offering to do voice-overs for educational videos, corporate videos, animations, documentaries, and others.
Use Amazon Mechanical Turk to perform micro-jobs for money
Amazon Mechanical Turk is an online crowdsourcing service that allows people to make money by performing various paid micro-tasks online.
These tasks are usually pretty simple, like checking the spelling for certain search terms, rating search results, doing basic translations, categorizing articles and others.
By crowdsourcing on the website, the customers are able to save time, money, and effort for hiring an oversized workforce to perform a job by dividing it into micro tasks and letting different people online complete these micro-tasks instead.
Sell your specific service on niche websites
If you have specific skills like photography, marketing, project management, software development, translations, or others, multiple specialized niche websites and marketplaces suit you.
The best part is that you can easily reach your target customers if you join one or more of these specialized niche websites.
Become a graphic designer for your local businesses
You may have noticed just how horrible the design of certain local businesses is as you walk around your town or area. So, why not help these businesses improve their branding and image, and make some money out of it?
Use email marketing to make money
Sending a niche newsletter to a selected group of interested subscribers via email is a great way to make money online.
Just like the very successful and profitable Mister Spoils and TheSkimm email newsletters, you can easily create a newsletter of your own that will be of interest to your list of subscribers and also of interest of advertisers and affiliates to join in and make some money.
There are some pretty straightforward tools that you can use to start this new online business today.
Sell your handcrafted products and art on Etsy
Etsy is the biggest and most popular marketplace where you can sell all types of crafts and handmade products online. You can sell just about any product which you have created on Etsy, which makes it the perfect platform for those of you who are creative and who enjoy working on home handmade projects and creations.
This is an easy way to start making money online by offering something you enjoy doing as a hobby. Plus, it will not require too many initial investments.
Once you have built up a larger audience and customer base, you can move your products to your own Shopify store in order to make more profit from the goods you are making and selling online.
Sell your artwork and designs on Society 6
You can sell your awesome designs on Society 6 for free. So, if you have created great designs that will be suitable for phone cases, home decor, t-shirt, art prints or any other product, you can easily set up your own shop on Society 6 for free. There you can display your designs and hopefully sell them.
You can also choose which types of products your designs will be most suitable for in order to attract larger numbers of interested customers.
The products are printed and then shipped when somebody buys it online, so you will not need to spend money on buying T-shirts, printing them, and storing them beforehand. Everything is done on demand.
Sell T-Shirts Online
For whatever reason, it is a fact that people around the world love T-shirts. With the proper target audience, niche, and marketing, you can easily start up a profitable online t-shirt business.
You can use the excellent TeeSpring service to start your own t-shirt drop shopping business. TeeSpring will take care of the printing, the shipping, and the sales. All you will need to do is design those ingenious t-shirts and market them to more customers.
Sell your stock photos and make money online
You will receive royalties every time someone licenses one of your photos.
In order to become more successful in selling your stock photos, and your other photographs, you may want to set up your own website and portfolio where you can showcase your work, and attract customers willing to hire you for higher paid jobs and photographs.
Become an Instagram influencer
If you already have a solid following on Instagram, own a good quality camera, and post high-quality content on the platform on a regular basis, you can easily become an influencer.
You will not believe what kind of money major brands, companies, and startups are willing to pay for getting their names and brands viewed to your audience.
So, start polishing your Instagram skills and building your profile right away!
Make money online by becoming a virtual assistant
If you are the type of person who is good at organizing things and people, you can start offering your services to others in need by becoming a virtual assistant.
These days, people and companies need virtual assistants for managing their e-mails, booking their travels, bookkeeping, doing research, database entry and for various other services you can provide them online.
Becoming a virtual assistant will not only help you make extra cash, but it is also a great opportunity to create useful contacts with more people and to build your professional network over time.
There are many websites where you can find the perfect project and job as a virtual assistant. Try out platforms like Fiverr, Indeed, Upwork, Belay, Remote.co, Amazon Mechanical Turk, Time Etc., ClickWorker, Assistant Match, VA Networking, Fancy Hands, Zirtual, or Boldy.
Offer local consulting services
If you are an expert in a certain field of business and have the necessary experience and certifications, you can easily start making money online by offering consulting services to the local business owners in your area.
No matter whether you are a quality assurance expert, a marketer, an engineer, a business strategist, it is very likely that there is a company or other business in your area that is willing to pay for your expertise.
Some of the most common types of online consultancy services that are in demand include – business consultancy, sales consultancy, accounting consultancy, legal consultancy, marketing consultancy, PR consultancy, technology consultancy or others.
In order to start a successful online consultancy service, you will need to identify your area of expertise, set your goals, create a website, get certification (if you don’t have it already), find your target customers, network with potential customers and set your rates.
An important aspect of becoming a successful online consultant is, to be honest with your customers. Only take up jobs that you know you have the time, knowledge and skills to handle.
Use Clarity.fm to sell your knowledge and expertise
Just like with the local consulting services you can sell online, you can also sell your specific expertise to businesses and people around the country and worldwide, who would love to pay for your expert opinion or consultancy service.
With websites like Clarity.fm, you can quickly create a profile, and any interested entrepreneurs and businesses can book a phone call to you which is for a set time and is pre-paid.
There are thousands of experts registered at the website, and thousands of businesses interested in hearing their thoughts or opinions on various topics and matters including entrepreneurship, social media, marketing or business strategies, business development, marketing, strategic planning, digital marketing, start-ups, public speaking, and others.
So, you can sell several minutes of your time to get that additional cash that you need by signing up for Clarity.fm.
Plus, your advice may be extremely helpful and useful to other people, so why not share your knowledge and get paid by the appreciative customer?
Give your professional answers to questions on JustAnswer
If you prefer online communication rather than talking on the phone like on Clarity.fm, you can easily earn money for your professional expertise and knowledge by answering questions on JustAnswer.
Thousands of professional questions are being asked by people looking for expert assistance and advice from doctors, vets, lawyers, mechanics, and many other professionals.
In order to apply for JustAnswer, you will need to provide the site with your resume, a form of identification and a professional verification document.
Teach English online to make cash
If you are a native English speaker or have English as a Second Language accreditation, as well as of course the time and ability to teach, and a bachelor’s degree, then you can easily start earning money online by becoming a virtual English language tutor.
There are customers in countries like the UAE, Hong Kong, China, and others willing to pay $25 per hour or more for online tutoring via Skype.
You can sign up as an online English teacher on the specialized platforms like Chegg Tutors, Teach Away, VIPKID, DaDa, QKids, or VerbalPlanet, or find tutoring jobs on Indeed, Remote.co and Learn4Good.
Help people with their taxes online
While it may not be the most glamorous online jobs, helping people or businesses prepare their annual tax returns is a great way to earn cash online.
Since people and small businesses often lack the time or the knowledge to prepare their own taxes, you can offer your services and help them with this often arduous task.
When tax season comes, you will be able to charge your customers an average of $230 per return as an online freelance tax preparer.
If you want to polish your tax prepping skills and get the appropriate certification to offer this type of service online, you can take advantage of the training programs offered by the Income Tax School, and get certified in less than 10 weeks.
Become an online bookkeeper
You don’t have to be a CPA to start your own online bookkeeping service. You can sign up for an online course in accounting, and once you complete it, you can start earning some excellent extra cash. The average salary for bookkeeping is about $34,000. But depending on the number and type of customers you have, you can earn over $70,000 per year.
Become a virtual recruiter
You will be doing the same things as in-house recruiters, but from anywhere you want. You can earn pretty good money by finding and screening employees for different positions. You also will be part of or lead the interviews and the negotiations.
You can choose whether you want to work for an agency or as an independent virtual recruiter. Keep in mind that recruiting does require software and subscriptions for the biggest job boards, which can be pretty expensive, so it is a good idea to start working as a virtual recruiter for an agency that will provide you with the backing you need to start off.
As a recruiter, you can make money for creating resume templates as well. Look at Upwork for suitable projects, which can pay you an average of $125 per hour.
Be a photographer or videographer
Although just about everyone has a camera on their phone, there are times when professional photographers and videographers are needed. If you have the necessary skills and gear, you can land jobs at weddings, parties, and various other events.
If you own a drone and the necessary equipment you can get good money for taking aerial photographs or videos which you can sell to real estate companies or other interested parties.
You can always sell your photographs online on Foap or other photography platforms as well.
Become an online juror
Believe it or not, various law firms and attorneys are willing to pay for your opinion as a juror on the various mock jury websites available. You can earn from $5 to $150 for your opinion on a trial, which will help the attorneys prepare for the case, and will help you earn extra cash.
Transcribe interviews and other audio online
Since experts and professionals give interviews every day, there is a need for people willing to transcribe what is being said. If you don’t mind listening to an audio recording over and over again, and writing down what is said, you can earn some money online by doing such transcriptions.
Most services are willing to pay 15 to 25 dollars per hour for transcribed audio recordings and interviews.
If you become specialized in a specific niche like medical or legal audio transcription you can earn even more money online for your services.
Write guest posts for specialized websites
If you are an expert in a specific niche and writing comes naturally to you, you can easily earn some extra money online by writing guest posts in your area of expertise.
There are many websites which will gladly pay you for an interesting and useful article.
Make sure you research your specific niche for the most sought for keywords and then write and pitch your articles.
A lot of the website which will pay you for your guest posts have contact links or submission forms, where you can contact them and discuss the articles you have for them.
Use Medium’s Partner Program to get money when someone reads your article
Now you can make money online by registering at the new Medium Partner Program, and uploading your articles. You can choose whether users can read your work for free, or only those who are paying a $4 monthly fee for premium membership can access your article.
You will get paid on a monthly basis, depending on the number of people who have chosen to read your articles and who have engaged with your post.
Proofread and edit articles for money
There is a huge need of editors for all the content which is being written on a daily basis. You can make money online by offering freelance proofreading and editing services.
You can earn a pretty good hourly wage while reading all kinds of articles online.
There are hundreds of job postings on various freelancer websites for proofreading and editing positions.
Of course, you need to have impeccable skills in English grammar, and an eye for details if you want to earn money by editing and proofreading written content online. Having a Master’s degree in Journalism or another related field will also help you land the job. Plus, if you are specialized in medical, legal or other professional fields you can find even better-paid editing and proofreading jobs online.
Become a private travel consultant
If you love traveling and have experience in finding the best deal for flights, hotels, trips, and destinations, you can easily start making money by offering your private travel consultancy services online.
You can help people plan and organize their dream trips and vacations and make some cash.
The way to get started is to create a LinkedIn, Facebook, or other page and start inviting people and attracting them with great deals and ideas for trips.
Help improve internet search results
You can sign up at websites like Lionbridge, Appen, or others to make money from what you are probably already doing – searching for specific things online.
You will need to do the search and check whether the results are correct.
You can also sign up at Scour.com and get paid for evaluating the results of 3 different search engines for a particular query.
Qmee is a browser extension that you can download and install, and get paid for checking and clicking on the results of web searches with various search engines.
Participate in contests for slogans or company names
If you can think of witty slogans and unique and attention-grabbing company names, you can participate in the many online contests available.
Check out Squadhelp, where you can participate in competitions for the most suitable names for products, brands, slogans, and logos.
If your idea wins – you will add some extra cash to your bank account.
Get paid for staying fit and healthy
If you are already counting your steps and using fitness tracking devices, you can easily make money from being healthy.
You can earn cash by downloading and using apps like Pact, GoodCoins, FitCrown, Charity Miles, Achievmint, We Fitter, HealthyWage, Earthmiles, and others.
You will earn extra cash and have even greater motivation to stick to your walking, running, cycling, and other exercise regimen once you start using these apps.
If you are on a weight-loss mission, you can make a one-time profit out of it by signing on to HealthyWage. This website offers a prize of up to $10,000 if you manage to achieve your goal in time. You can place a bet by setting the amount of weight you expect to lose and the time it will take on this fun and motivating website.
You can also get paid for walking, so if you enjoy walking your dog, walking to work, hiking or simply walking anywhere you should download the Sweat Coin App which will allow you to earn prizes and money for your walking achievements.
So why not make money and get fit at the same time?
Write online reviews for any place you go to
Since most of us check out the reviews for restaurants and places before actually visit them, reviews do really count. There are websites that will pay you for writing your objective reviews about various places.
Enter data online for money
If you have the patience, the quick typing skills, the attention to detail, and the time to enter data correctly, you can easily earn some money online doing this task for various companies.
You can find hundreds of data entry jobs and projects on freelancer platforms like Upwork, Indeed, Craigslist, etc.
The good news is that you don’t need expensive hardware or software to work as a data entry freelancer. All you need is a computer, an internet connection, and Excel and Google Sheets. In some cases your employers may provide you with the specific form they use for data entry too.
Take care of people’s pets
If you love pets and have the time to do some pet sitting, or walk people’s dogs, you can easily make money online. There are nearly 100 million pet dogs in the US, and most pet parents will gladly pay you if you provide the care they expect for their furbaby.
Since pet owners are gladly spending billions of dollars on their pets, you can find other ways to make some money out of it too, including pet training, grooming, pet boarding, pet photography, pet party planning, pet transport, and many others.
Sell your old phone or other tech
The used smartphone and tech market is a thriving industry. You can earn some serious money from selling your old smartphone or another tech item which you are not using anymore.
Even if your phone is not in pristine condition, or is damaged, there is still a chance that someone will be willing to buy it. So instead of letting the phone remain forgotten in the drawer, make some money out of it today.
Sell your books online
If you have been collecting books for years, and have a problem with storing them, you can easily sell the old books and textbooks you don’t really need anymore online.
You can also sell them on Amazon through the company’s trade-in program. All you need to do is check out the 13-digit code on your book (the ISBN) and check out whether Amazon is willing to pay you for your old book.
Perform online data analysis for money
If you are good at math and good with numbers, you can look for an online job or project for data analysis. Many companies need expert help for this task, so there are multiple job postings on platforms like Digiserved or Upwork for freelance data analyzers. And they are quite well paid too.
Make money online by editing videos
Just like audio content, video content is becoming increasingly popular. In this busy world, where people don’t have the time and patience to read so much, many prefer watching a video or listening to the audio instead. If you have the skills and the appropriate software you can make some serious money from online video editing projects and jobs.
Become a freelance or remote customer service provider
There are hundreds of job opportunities for those of you willing to add some extra income or work part or full-time as a customer support assistant. Because of the nature of online business, many companies need to be able to provide 24/7 support for their customers from around the world. This is why they are looking for people who can take up such a job for them.
If you have experience in retail or in serving customers, you might be perfect for an online customer service provider.
You can find job offers on all major and smaller freelancer platforms by searching for “Customer service jobs” or “Customer service specialist”.
Become an online personal trainer
With people becoming increasingly aware of their health and fitness, offering online personal training advice or services is a great way to make money.
If you are already a personal trainer in real life, you can earn extra cash and find more customers from around the country and world online by becoming an online personal trainer.
It is a good idea to get the appropriate certification for your training skills, so you can earn the trust of more people who will be willing to pay you for your services.
You can use various methods to provide your training services, including making videos, preparing PDFs, blogging, messaging, Skype, live video chats, email, and others.
This will allow you to expand your circle of customers within the boundaries of your own town or area.
Earn money online by cooking
There is a huge demand for cooking videos, recipes, lessons and other cooking-related online services.
You can make extra money by teaching an online cooking class, starting up your own home-based party business, writing recipes, writing reviews on restaurants and food, becoming a food blogger, creating your own YouTube cooking channel, sell gourmet treats, open your own in-home restaurant, or earn cash by simply watching other people cooking at Swagbucks.
You can also start your own bakery or cooking business and cater to local businesses or sell your products to your neighbors or people in the area.
Work as an online notary
There is a constant need for notaries in the USA, because various documents, forms, and applications need to be notarized on a daily basis.
You can start your online notary business if of course you are already a notary.
If you are not but are interested in such a prospect, you can check out the procedure and requirements for becoming a certified notary at National Notary.
Work as a freelance animator
If you are artistic and have the knowledge and skills to create animations, you can make very good money as a freelance animator. You can find jobs and projects on Upwork which pay from $25 to $106 per hour.
Once you start building up your portfolio and your list of clients you can start charging a lot more money for freelance animation projects and per hour.
This may take some time to happen, and you may need to complete your first projects at a low price, but when you get going and people start seeing your work, you can ensure a very good monthly income.
Organize and run online workshops
If you are an expert in a certain field, you can start running corporate online workshops from home. Companies and other organizations are always looking for ways to educate and improve their workforce, so if your online workshop is well-planned and developed, and is useful for employers, you can easily start earning money by selling your online corporate workshops.
You can start by reaching out to different companies on LinkedIn and presenting them with your portfolio to find new potential customers for your online service.
Become a social media manager
If you are already active on social media, why not make some money from it by offering to manage the social media platforms of various businesses and companies.
You will need to have the time, as well as communication, time management, and organizational skills for this online job, but depending on the number of customers you have, and your skills, you can earn from 22,000 to 115,000 dollars or more per year.
As a social media manager, you can offer your clients content marketing, customer service, public relations, community growth, and management and social media strategy planning services.
You can make money by scheduling social media updates, sourcing and sharing viral content, setting up social media profiles and creating social media images, share popular posts and ads regularly, respond to customer service issues, and so on.
Become an online life coach
If you are interested and enjoy helping people, and have experience in being a life coach, you can easily start up an online life coach business.
Depending on your experience and your skills, you can earn from $45 to up to $300 per hour for your services.
Of course, you will need to set up your website, or a Facebook or other page, where you can showcase your abilities, your success stories, and post reviews by your satisfied customers.
Buy items from thrift shops, garage sales or flea markets and sell them for a profit
If you enjoy buying interesting stuff from flea markets, thrift stores or other similar places, you can easily make money by flipping the items you have found online on eBay or other platforms.
You can profit by buying cheap stuff, which people from the country or around the world will be willing to pay much more money for.
Offer at-home childcare
If you already have one or more young children, you can easily earn extra money by offering your services as a local in-home childcare provider.
Of course, you must check out the legal requirements and get the necessary permits and licenses to set up a home daycare business in your state or area before you start offering such a service.
Depending on where you live you can charge $600-$900 per month.
Make money from participating in research studies
You can get paid for signing up as a participant in different research studies. You can find different offers at Respondent and Vindale Research. Unlike getting paid small bucks for taking online surveys, being a paid participant in research can bring you up to $400 per study.
Run Facebook ads
Facebook ads have been proven to be very effective, which is why they have been gaining popularity in the last few years. Companies around the world spend billions and more dollars trying to attract larger audiences, and a large part of the advertising and marketing budgets are spent on Facebook.
You can start running Facebook Ads for small or bigger companies if you are familiar with the process.
If you have experience running Facebook ads, you can reach out to the small businesses around you and offer your services. Often times, they do not have the expertise or time to it by themselves, so they will likely be happy to let you run their ads for them.
You can charge your customers a monthly fee for running their ads based on the budget they have set for this marketing technique, or charge them a fixed fee no matter how much they will be spending on advertising on Facebook.
Earn money by scrapbooking for others
Did you know that many people are willing to pay someone to create scrapbooks of their wedding day, the birth of their child and for various other events?
Well, there are such customers, so if you like scrapbooking, you can find customers for your creative scrapbooks.
You can also sell your creative designs on Etsy, eBay or other platforms.
You can also offer an online scrapbooking class because many people are willing to learn how to create these wonderful memories for themselves or as gifts.
You can also make and sell scrapbook-styled greeting cards, notebooks and others.
Offer floral arrangements online
If you have a talent for arranging beautiful bouquets or other flower arrangements, you can create and offer your products and services online. Make sure you take high-quality artistic photos of your ready work and add them to your website or portfolio every time.
You will be amazed at the money you can earn for creating flower arrangements for weddings, anniversaries, and other events.
You can promote your products on Facebook or at local community websites or other sites.
Become a freelance event planner
Event planning is a lucrative business idea for people looking for making money online. People look for event planners for all kinds of events like weddings, birthdays, baby showers, bachelor/bachelorette parties, retirement parties, and so on.
If you have successfully planned such events in the past, and you are resistant to stress and are communicative, you can try making money by organizing events for others. You also need to like engaging with people and be flexible, a fast thinker and a good negotiator in order to deal with your customers and the companies providing the goods and services for the event too.’
You can start locally, by planning events for people you know. If they are happy with your service, they will no doubt recommend you.
Remember to take pictures of all the beautiful details of such events to add to your online event planning portfolio or Facebook page.
This type of business can earn you some serious extra income.
You can also rent out party props, decorations, chairs, tables, bounce houses and everything which people are willing to pay for when organizing parties for their loved ones.
Rate products and services at 2023 Panel for money
Getting a product or service offered by a business is a key part of the marketing process and strategy. You can apply for various rating jobs and tasks at 2023 Panel, and get paid $50-$150 for your evaluation and for your opinion.
2023 Panel offers fees for taking part in in-person studies and evaluations in the towns where it has its own facilities, but you can also apply to become a participant in their online evaluations too.
You can expect to receive from $50 to $150 per evaluation.
Rent out your musical instruments
Chances are that you have an old guitar, or another musical instrument lying around the house which you don’t really need or use anymore. Instead of flipping it on the market for a one-time profit, you can rent it out to other people via Sparkplug. You can use the specialized platform to sell or buy musical instruments as well.
Many people are looking for buying second-hand musical instruments or renting them, because of the ridiculously high prices of new ones.
Rent out your camera gear
With camera gear being so expensive it comes to no surprise that there and thousands of people interested in renting certain types of gear for specific jobs and events.
You can list your camera gear at KitSplit, where over 40,000 users are looking to rent or earn some money from their cameras, lenses and all other types of gear.
Offer translation services online
With the globalization of the world, the need for translators of various languages is growing. If you are bilingual or are proficient in even more languages, you can easily earn money online by translating documents, conversations, files, and others online. You can find various translation jobs and projects at ProZ or Translators Café, and simpler translation projects on Upwork, People Per Hour and Fiverr.
If you specialize in a certain field of translation like medical, legal or other, you can make even more money online as a freelance translator.
Buy a website and flip it
If you have a good potential for monetizing on it, you can buy an existing website as an investment. You can earn money by the website generating traffic advertising, as well as sell it when the time is right and make a good profit.
You can check out some of the biggest website marketplaces for available lucrative offers or for opportunities to sell your own website for a profit. For buying and selling websites – go to Flippa and to Flipping Enterprises.
Buy and sell domain names
You can also buy cheap domain names with potential and sell them later on to a rich interested party. Although this is a relatively risky endeavor, you can still get lucky if you pick the right domain names to invest in on time.
Some people have made millions from selling domain names, and others have not been so lucky.
The profitability of this type of endeavor largely depends on the quality of the domain name, and the way you promote it to potential buyers.
It is essential to invest in domain names in a business or industry with which you are familiar. This will make finding potential customers much easier.
You should use Google Keyword Planner to check out the search terms with the highest volumes in the field.
Sell your songs and tunes
If you are a musician or songwriter, you can sell your music and songs online to musicians, web series, TV shows, and movies. Check out Musicbed, Marmoset, Music Vine, and Song Freedom to license your songs and music.
If you are looking for ways to make money online as a session musician, producer, or songwriter, you should go to SoundBetter.
Subcontract your freelance work
Once you have established yourself as a valued freelancer and have created a network of clients, or have found a way to land jobs and projects which pay enough, you can start subcontracting your jobs and projects to other freelancers, while you remain focused on finding new projects and making sales of the work.
This will give you more time to focus on the business aspects and will lessen the time you spend working on the actual projects and tasks.
You can also become a broker for an online service by finding freelancers who can help you complete a project for customers you have found on Upwork or the various other freelance platforms.
This means you can take up projects which are out of your expertise, and rely on other freelancers to complete the different parts, while you worry about organizing, managing and selling the end product.
This is an excellent way to earn substantial amounts of money.
Sell online for a commission
If you are a brilliant salesperson, you can easily earn money online by making commission-based sales for other companies and for startups.
If you reach a reasonable agreement, you can make substantial amounts of money per sale you complete.
You can also ask the startup to pay you via some equity so that you can get part of the profit when the product and the startup become successful.
Check out for any sales positions on Angel List.
Become an SEO or marketing consultant
If you are already skilled in marketing or SEO, you can easily make money by offering your professional services and expertise to small and big local or global companies.
You can offer to audit websites, improve the page ranking, increase the website traffic, make the company’s marketing strategy more efficient, and many other services that any company that cannot afford to have its own marketing expert in-house will be willing to pay good bucks for.
Establish a startup
If you have a brilliant idea about solving a problem that many people need to be resolved, you may be ready for your own startup.
Once you have nailed the perfect solution to an existing need or problem, you can start working on validating your idea with real customers and testing the market.
When you are sure that your product or service will sell, you need to find a source of financing for your startup.
One way to go is to fund your own business and retain 100% of its ownership. This can be incredibly risky, but also incredibly profitable if your company becomes successful.
Another way is to pitch your idea to potential investors who would pay for it and receive a stake in it.
The third way to ensure financing for your startup is to join a startup accelerator like 500 Startups, Y Combinator, or TechStars. There you will receive coaching by investors, get connected to potential partners, and also receive cash to start your company in return for a stake in it.
Establishing a startup may be more complicated than most other ways to make money online, but if your idea is right, and your timing and organization are right, you may not need to work another day for the rest of your life.
Write news and columns online
You can make money online from writing relevant news or columns without even being an actual journalist. You can find such paid jobs at your local websites which often need help with local news coverage.
Many of them will pay you based on the ad revenue your articles has generated.
YouTube offers to pay you if you have at least 1,000 subscribers and 4,000 hours of view time for 12 months.
It is the largest video search engine and the second-largest internet search engine among the world’s top three most visited websites.
Even though millions of YouTube videos and channels are already uploaded and running, you still have the chance to earn some serious cash by starting your own YouTube channel to entertain or educate people worldwide.
If you get approved by the YouTube Partner Program, you can add ads to your videos and receive money for every 1,000 views. The more videos you upload and the more views you get – the more money you will receive.
You can make thousands of dollars by creating a successful “How to” educational video channel or by establishing your entertainment vlog.
You will need to keep creating and adding new interesting and good quality content at a consistent pace, as well as promote your YouTube channel to get more views and increase the number of your subscribers.
You can promote your videos on other platforms and also interact with your subscribers to promote even more interest in your work.
Once you have it set up and going a successful YouTube channel can bring you a steady income.
You can monetize your YouTube channel and direct your viewers to your website to earn additional cash.
Monetize your gaming experience via Twitch
If you are an avid video gamer, you can add extra money to your budget by streaming your gameplay, writing game reviews and much more on the Amazon-owned platform Twitch.
You can become a Twitch affiliate once you get 50 followers.
Once you are set and already streaming to Twitch, you can work on creating and selling your own merchandise for your followers and fans.
You can also look for sponsorship among the video game companies to review and stream their games for a fee.
You can also ask your followers to donate.
The ultimate goal is to become a Twitch partner when you will start earning some real money.
Start a membership website
If you have already established yourself in your line of work and have more than 5,000 subscribers, it makes sense to start a paid membership website.
This is a website where you will provide exclusive content only to users who have opted for a paid subscription.
As long as you can provide your audience with useful, interesting and unique content, you can be sure that they will happily pay their monthly fees to keep accessing the content.
You can keep and increase the number of paid subscribers to your membership website by offering useful online courses, informative guides, webinars, workbooks, action plans, ebooks, cheat sheets and also support a community forum.
If you manage to establish a successful membership site, you will a resource for recurring revenue. The idea is that people will continue paying to access your new and your older content, so you will be getting money for something you have already created over and over again. Especially if you update the existing content periodically, you can rely on getting that cash flowing in.
Use a Robo investor to make money for you
While you have probably heard of investment gurus and trading experts, Robo advisors are still not as popular.
Robo advisors are software that can automatically manage your investments and finances.
They are suitable for those of you who do not have large sums of money to invest and cannot afford to hire a human financial or investment advisor.
These smart software programs are also not prone to making human mistakes often caused by emotions, gut feelings or made in critical times.
These automated financial advisers work in a pragmatical way so you can avoid making serious or drastic mistakes when using them for your investments.
Also, using a Robo advisor investment is quicker and easier than ever because the software will take care of your account instead of you.
Here are some of the best Robo advisors available online:
- Betterment – With Betterment, you can choose the mix of stocks and bonds, set your goals, and let the program do its work. It will save you the hassle and frustration of having to delve into the confusing world of mutual bonds and the stock exchange, and the price for the service is only 0.25% per year.
- Acorns – this app will allow you to invest even the smallest amount of money (as little as $5), and is easy to use Robo Advisor app suitable for youngsters and beginners. The program will ask you what your comfort level with risk is, what your goals are and what your time limit expectations are, and then it will invest your money accordingly.
- Wealthfront – This automatic investment advisor is popular among the middle-aged population, has low fees on accounts, and offers tax reductions for larger accounts. Wealthfront will interact with you more regarding some of the most complex aspects of the investing business, so it is more suitable for people with some experience in investing.
Lending money peer-to-peer
If you are too anxious or for other reasons do not want to invest in the stock market, you may try investing via peer-to-peer lending.
This online financial system allows you to lend money directly to borrowers, without intermediates like banks or lending institutions.
If you decide to become an individual investor, you can find potential borrowers on the various specialized online platforms.
To make your first steps in individual investing, you should choose the most suitable peer-to-peer lending platform, register an account and search for appropriate borrowers.
With this individual investment program, you can invest as small as $25.
Once you review the profiles of the borrowers, you will get an idea for their reason for the loan, their interest rate, the term of the loan, and the risk assessment for it.
Depending on the peer-to-peer you make, you can earn up to 12% interest per year.
Some of the best peer-to-peer lending platforms include:
- Prosper – with average returns over 5.3%, a wide choice of credit-worthy borrowers, and a nifty auto-invest tool to build your portfolio automatically. Prosper also deposits your income directly to your bank every month.
- Lending club – This was the first online peer-to-peer lending forum and offers returns of 3-8% per year, automated investment, a positive record of positive returns for more than 99 of the portfolios, and a minimal sum of only $1,000 to start lending and investing.
- Funding Circle – You can use this lending platform to lend small British companies funds directly and earn an annual interest of 5.5-6.4% per year. You can use their ISA program to earn tax-free returns; the platform is extremely easy to navigate and use.
Sell sponsored content and ad space
When done correctly, advertising can be useful rather than annoying. Plus, it can pay pretty well when done properly.
If you have a successful blog or website with a specific niche and a loyal audience, you can earn cash by selling ad space to companies in the field within or related to your content.
You can also find companies in your area of expertise willing to pay you for writing and posting sponsored posts and content, promoting their products, services, and brands.
Launch your own business with Kickstarter
If you want to start a new company or project but find funding is stopping you, you should apply to get crowdfunded on Kickstarter.
If you are one of the lucky 25% who gets approved by the platform, you can make your project seen by millions of people and potential investors.
The platform has already helped crowdfund over a thousand projects in various industries and spheres.
It does not offer long-term investment but initial funding for a creative or great idea. In return for the investment made by individual audience members, they receive small incentives.
Once Kickstarter is approved, you must set your goal for the monthly money you need to raise. Failing to raise the money in the set timeframe will lead to your project not getting any donations.
Kickstarter is an excellent opportunity to get the initial funding you need to develop a great idea and promote your project to thousands and millions of potential customers and investors.
Once you get the initial funding, you will need to think about the long-term funding of your idea, company or project too.
Invest in real estate crowdfunding
This exciting and relatively new investment model suits people with considerable savings and looking for the best investment opportunities.
The fact is, if you buy shares in suitable real estate crowdfunding projects, you will have enough money for retirement.
There are two types of real estate crowdfunding – equity and debt crowdfunding.
Equity crowdfunding involves investing in a company raising money, and getting company shares in return. This means you will not be loaning money to these companies, but you will invest and buy shares in them instead. This, of course, is done with hopes of making significant profit from the dividend in the future. You can also wait for the right moment and sell your shares at a good price.
Debt crowdfunding is when you invest in a company looking for funds but to receive an interest rate on your money within a certain timeline. This is loaning the money rather than buying shares.
There are many real estate crowdfunding platforms where you can find the most suitable companies and projects for you, including:
- Fundrise offers annual returns of 8.7-12.4%, asks for a low fee, and allows you to diversify your investment portfolio. The minimum sum you can invest is $500.
- Realty Mogul – Among the first real estate crowdfunding platforms, Realty Mogul offers transparent dealing, has multiple well-leased properties to invest in, and through screening ensures you get the best returns on your investment. The minimal investment sum is $1,000.
- Equity Multiple – This platform offers low-risk returns and offers carefully selected projects. The minimum investment is $5,000.
Now that you know how to make money online in 2023, you can immediately start earning that extra cash.
As you can see, there are opportunities to make money for people with all skills, expertise, and knowledge.
You can start by selling or renting things you don’t use or need and doing micro jobs online for money.
Of course, more serious projects may take up most of your time and quite a lot of effort, but we have tried to be honest about all of these legal ways to make money online for you – with their pros and cons.
Jobs and methods are available for those of you looking to earn some quick extra cash and long-term projects with sustainable revenue-producing results on our list.
So, while some of my suggestions may lead to immediate results, you will need to spend more time and effort and have more patience for others.
But no matter which method for making money you choose, remember that it is time that counts and not money that is easily spent, invested, and earned, so keep in mind the time that your online work will take and whether you are ready to spend it before diving into a particular online money-making opportunity.
Those of you who have decided to provide online jobs and services as a primary source of income will need to be ready to put in some hard work and effort and be patient and consistent at what you do.
The goal is to work on ways to create sources of long-term passive income while earning active income along the way.
So, while you are working on building up the traffic and audience to your website, blog, vlog, or other, so you can start monetizing on them, you can take up short-term online jobs and projects that can help you keep going.
Whichever of these endeavors you choose, I wish you good luck and welcome you to the wonderful world of digital nomads!
If my list lacks a great idea for making money online, I will happily hear your thoughts. So please, share your experience as an online entrepreneur with me and my readers when you can!