Easy Ways To Make Real Money Online
The economy has been completely shaken up by COVID-19, with millions of Americans losing their jobs and having to find alternate ways of making ends meet.
The concept of saving money is not a new one. However, it is extremely easy to “dip into your savings” when you want something badly enough. The key to accomplishing your goal of amassing wealth is to actually try and save money. A different way of looking at your savings is to view them as taxes. HOW TO EARN MONEY ONLINE - 10 Easy Ways - How To Make Money Online If you want to know how to make money online fast you need to watch this video. You'll know the 10 easy ways to make extra cash.
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Since so many workplaces are closed or limited due to lockdown restrictions, more people than ever before are looking online to find ways to make extra money right from home.
Here, we’ve rounded up 10 of the best ways to make money online with the skills you have now.
Give an online course
One of the great things about the internet is how easily it allows us to share knowledge across borders. If you’re an expert in a particular subject or if there’s just something you think you can contribute to in your field, consider selling an online course.
Dozens of sites facilitate the process for you, like Skillshare, Udemy and Coursera, where you can create a course and upload the lesson videos and materials.
Depending on the site you go with, students can either buy your individual course or subscribe to the site and access all courses whenever they want. Most sites pay you per student, so the more popular your course gets, the more you’ll earn.
Start a blog
Another way you can share your knowledge with the world is with a blog dedicated to your area of expertise. Bloggers typically earn money by placing ads on the site.
The most popular way to do this is with Google AdSense — you decide where on the page you want the ads to appear and Google AdSense will match the content of your blog with advertisers looking for readers like yours.
Another way to make money blogging is by placing affiliate marketing links on your posts. With affiliate links, the URL has a unique code attached to it. When readers click on the link and make a purchase, you receive a commission.
Creating a blog doesn’t have to be difficult. Sites like WordPress, Squarespace and Wix can help you quickly create an attractive and easy-to-navigate website with integrated ads.
Sell your old clothes
Most of us have items in our closet that we’d like to get rid of, but throwing out an old dress or vintage pair of shoes may feel like a waste if it’s still in good condition. One great way of making some extra cash is to sell the items cluttering up your home.
For clothing, online thrift shops like thredUP, Poshmark and Depop can help you free up space and make a few bucks on the side at the same time. For most sites, you’ll take care of the selling and shipping yourself.
Other sites, like thredUP, will ask you to mail your items to their distribution center, where they’ll take care of the sale and send you the earnings.
Find gigs on freelance marketplaces
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These days, it’s easier than ever to work for yourself. One Statista report shows that 57 million freelancers were working in the United States in 2017. The number is expected to rise to 90 million in the next eight years, meaning that just over half of all workers will be freelancers —online and offline— at that time.
One popular way of finding freelancing gigs is through sites like Upwork, Toptal and Fiverr. There, you can advertise your work on any number of categories, from graphic design and web development to voice-over work and illustration.
Processes vary from site to site, but generally, clients will contact you with their request, and you can accept or turn down the job. Once the job is completed, you’ll submit it to the client and receive payment.
Sell stock photography
Stock photography is a great alternative for artists looking for a side hustle. If you have a professional-grade digital camera, you can sell your high-resolution shots on dozens of sites. Some of the most popular are Shutterstock, Getty Images, Dreamstime, and iStock.
To sell stock photos and videos online, you’ll need basic knowledge of the types of images clients are looking for. You’ll also need to determine whether your photos will be royalty-free (meaning there is no additional payment after the first purchase) or rights-managed.
If you’re using models, you may want to look into model releases to protect your models’ image and your own liability.
Offer online tutoring
With the recent rise in distance learning, there are many opportunities to create a side hustle in online tutoring with students of all ages. Math and science tutors may be the most popular, but tutors in all subjects are in demand, including ESL tutors for language learners.
Some popular online tutoring sites are TutorMe, Skooli, Wyzant, Chegg and Khan Academy.
If you are a native speaker of a language other than English, you may consider language tutoring sites such as Italki, Preply and Verbling, where students sign up to practice their conversational skills with native speakers of the languages they’re studying.
Become a lender
The rise of “crowdlending” is just another example of how the internet has shaken up practically every sector of the economy.
Before, someone looking for a personal loan had to go to the bank, credit union, or payday lender. If the person didn’t have good credit, they’d have to deal with high interest rates if they were approved for the loan at all.
Now, peer-to-peer (P2P) lending websites match borrowers with lenders who are just regular people like you.
Instead of taking the entire amount from a single lender, a loan can be pooled from multiple lenders. As the borrower pays back the loan, you will receive a portion of your investment back plus interest.
Some popular P2P lending platforms are Lending Club, Prosper, Perform and Upstart.
As with any investment, there are risks associated with P2P lending. The borrower may default on the loan and leave you and the other lenders in the lurch. But if you have extra money earning pennies in a savings account, crowdlending could be a way to make some passive income.
Start a streaming empire
It’s hard to imagine the internet before live-streaming became so widespread. Once, it was restricted to gamers playing live and talking to their viewers.
While gaming is still at the core of live-streaming, you don’t have to be a gamer to make money online as a streamer.
Creators of all kinds are broadcasting their lives across the internet, from cosplayers making their costumes on camera to groups of friends running a live Dungeons & Dragons session, to just regular people talking about their lives.
Income for streamers comes from subscriptions, donations, affiliate marketing, advertisements and third-party sponsorships.
The most popular streaming site is Twitch, but other sites like YouTube and Facebook offer user-friendly streaming tools. Similarly, social media apps like Periscope, Instagram, Snapchat and TikTok also allow you to stream from your mobile.
Sell your creations
If you’re crafty or artistic, there are so many ways to earn money from your hobby.
Etsy is the most popular site for selling handmade products like leather purses, wall prints, custom phone covers, sewing patterns… the list goes on and on. Whatever quirky, weird thing you make will probably find a home there.
If you’re an artist looking to sell prints of your work, print-on-demand sites like CafePress, Big Cartel, RedBubble and Society6 can simplify things for you by printing and shipping products whenever customers purchase.
If you’d rather skip a marketplace’s transaction fees and handle all aspects of the business yourself, e-commerce sites like eBay, Shopify, Big Commerce, Squarespace and Wix can help you set up your own online store, complete with payment processing.
Amazon is also a great choice if you’re interested in dropshipping.
Get support from your followers
Finally, if you’re a creator of any sort, you can receive financial support from your followers to pursue your projects.
Sites like Patreon allow you to set up a membership program with multiple tiers so you can produce exclusive content for your subscribers that other people can’t see. It’s a great way of showing off works in progress and sketches, or workshopping an idea with the help of your fans.
Another popular site is OnlyFans, which is mostly known for not-safe-for-work content; however, the site is open to creators in any field.
If you’d rather receive money for a specific project, then crowdfunding is the solution for you.
Sites like Kickstarter, Indiegogo and GoFundMe let you create a project proposal with a funding goal. Supporters can back you and, once you reach your financial goal, you receive the money (minus a central processing fee) with the promise to deliver to your backers.
Before you start hustling
There are countless options for making money online, but you should always make sure you’re dealing with a reputable company. Beware of scams that ask you to make a large cash investment to purchase merchandise to sell.
Also, watch out for clients and customers who want to take advantage of you. Know what your work or product is worth and advocate for fair compensation whenever you can.
It’s possible to make good money working a full-time job online and at home. Making your own way in the online job market will be hard at first, but it will be worth it.
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Most people, if not all of us, want to live in financial comfort and stability. We want to be rich, to be able to buy anything we want, and to have access to a premium lifestyle. While the end goal is clear, it’s hard to know where to begin your journey to being wealthy.
Before you get started, it’s important to acknowledge that becoming rich takes time and effort. There are very few ways to instantly have large amounts of wealth, and all of them are luck-based. Not all of us can win the lottery or inherit a fortune from a mysterious rich relative. Becoming rich in most cases involves a lot of hard work, patience, and time. There are some tried-and-true things you can do that can help you get rich, but the key is to constantly and consistently work hard, keep track of your personal finances, and keep your eyes on the prize.
1. Add Value
Something many self-made wealthy people have in common is that they are valuable in specific ways. Even when millionaires and billionaires are taken out of the equation, many rich people — doctors, engineers, filmmakers — have gotten rich after adding value to themselves and then adding value to the world. For example, a rich neurosurgeon may be specially talented and skilled. This surgeon added value to the world after improving their own skills and quality of life.
Adding value to yourself is a good foundation to begin your journey to being rich. Develop some knowledge or skills that justify someone paying you a good amount of money. Convince people that you are worth a large paycheck because you will add value to their lives in return.
2. Tax Yourself
The concept of saving money is not a new one. However, it is extremely easy to “dip into your savings” when you want something badly enough. The key to accomplishing your goal of amassing wealth is to actually try and save money.
A different way of looking at your savings is to view them as taxes. Once you pay your taxes, you never get the whole amount back. Treat your savings the same way. Set money aside in a savings account or transfer it to a totally separate account where you cannot touch it. Treat your savings like money that you will never get back, until the day that you get it all back at once.
3. Create a Plan and Follow It
The likelihood of suddenly stumbling upon unlimited riches is extremely low. While it may seem that a lot of the success stories you hear are luck-based, this is actually not true. There is probably some chance and luck involved, but most rich people became rich through meticulous planning and discipline.
This includes things like budgets and timelines, as well as a plan of what to do at every step of the way to success. It is important not to get complacent and do your best to keep going, and having a plan helps without wasting unnecessary amounts of time. Creating a budget and following it is only one part of this process.
4. Invest
The core principle behind investing is that you end up making more money than you spent. However, it is important to choose your investments wisely. There are plenty of places for you to sink your money into, but figuring out which one of these will result in you profiting is difficult.
Real estate is sometimes a good investment, but it is expensive. Investing in the stock market does not have to be expensive, but it can be risky and unstable. A 401K is a wise investment that you should invest in, but it can depend on how well the business you work for is doing. There are plenty of factors to consider when investing, so make sure you think about it rationally. Talk to experts or friends who are experienced in investing before making a decision.
5. Start a Business
This is much easier said than done, but the last four steps lay the groundwork to be able to start your own business. If you have a knack for business or want to be your own boss, this can be a great step to making some money. However, as many entrepreneurs will tell you, creating your own business requires massive upfront costs and low revenue in the beginning.
Being an entrepreneur is not a quick way to get rich — it is a massive change in lifestyle. It has its unique trials and rewards, and in many cases is totally worth it. However, this is not a choice to be taken lightly. It requires commitment, grit, and some luck to be successful. While it may take some time, it can certainly help you get wealthy.
6. Be Grateful
Becoming rich does not only require external factors to fall into place — many personality factors have to align for you to succeed at whatever venture you’ve started. Staying humble and grateful for the progress you’ve made at every step of the way is essential.
People do not want to give their money to someone who does not appear to appreciate it, or gets too carried away with any moderate amount of success. Keeping your life in perspective and having a considerate, thankful, and humble attitude is the way to go.
7. Develop Patience
Another important personality trait to being successful and rich is patience. Nothing big is accomplished overnight, and you cannot and will not get rich in a matter of days. All the efforts you put towards accumulating wealth could take months or even years to pay off. It’s easy to get frustrated early on, especially when it seems like there’s a new wealthy person in the news every other day. However, realizing that your pace of success does not have to compete with theirs is crucial.
In the long run, patience can be extremely rewarding. This does not mean that you should get complacent or wait things out instead of taking risks. Success can take some time, and getting frustrated is detrimental to your efforts.
8. Educate Yourself
It is key to try and educate yourself, not only in your chosen field but also in the ways of the world. Keeping up with the news, for example, is extremely important if you want to make a decision about investing or find out about upcoming trends. Ignorance is the prime killer of any efforts to make money.
This means you have to constantly educate yourself. You cannot let major events or trends slide, because in each of them there is a threat or opportunity for you. Staying aware and educating yourself about current events is essential.
9. Take Calculated Risks
There is no money made without a risk taken. Whether it’s starting a business or investing in stocks, every avenue to making money requires some risk. Even selling your old furniture requires you taking the risk that the buyer will show up and will pay you. It is a comparatively small risk when compared to deciding whether to spend millions of dollars on a new product line, but it is still a risk.
In order to make money, you have to take a chance that a venture or idea you have will pan out. Therefore, it is important to think deeply and evaluate multiple possible outcomes before you decide that an investment is worth it. Taking risks without thinking about them beforehand is an incredibly quick way to lose money. To earn, you should take risks, but they should be calculated.
10. Give Back
It is important to give back to the community. This leads back to the first point about adding value to the world around you. If you earn some money, give some back to a cause you believe in. This way, you are adding value to the world after having added value to yourself.
Another benefit of giving to charity is that people perceive you as a better person when you give to causes they care about. They are likely to trust you more when they see that you aren’t intent on hoarding the money they give you, and that doing so will benefit their community in turn. Of course, the tax benefits of giving to charity are also a great incentive to do so.
Being rich means something different to every individual. Some people are happy with a decent-sized home and a moderate-income job, while others want to be millionaires and billionaires. Regardless of where you feel you fall on the spectrum, these steps can help you achieve the level of wealth you want. Before you get started, though, make sure to sort out your current finances so your bank account is ready to expand.
Free Ways To Make Money Online
Sources:wikiHow: How to Get Rich I Will Teach You To Be Rich: 4 Steps to Become Rich Anyone Can Take Forbes: How To Get Rich: A 7-Step Blueprint For Success
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