Online Entrepreneur? Here are 5 Ways on How to Earn Money Online

How to Earn Money Online

When you talk about money, many will probably shy away. Money is a sensitive topic because not everyone has enough of it…me included. Working is obviously the main answer to our financial problems but what happens when your salary just isn’t enough to make ends meet. Or as is the case for the majority of us, our work isn’t satisfying for us and thus make our lives miserable. 

On the other hand, there are also cases where employees cannot physically come to work and thus rendering them unemployed. This could be due to different circumstances such as a physical or mental disability or having kids. Students are also a part of the population that are unable to get a traditional job given the heavy workload that comes with studying.

Gone are the days when there is enough money to go around. Today, even adolescents feel the need to earn their keep. Because of the crashing economy and inflation, the prices of basic commodities such as food, rent, and utilities are steadily increasing while the wages or income of the common man is decreasing. This dilemma is a universal experience. No matter where you are, be it first world or third world, unless you have family money, you will feel this financial drought.

Thankfully, the internet has provided us with countless avenues to earn money without the painstakingly long hours or our physical presence. What this means is that we can earn said money without disrupting our daily lives. This is perfect for people whose lives are already taken up by different responsibilities such as having a job, a kid, or are studying.

Earning money online can be a full-time job or a part-time job that is meant to just boost your income a little bit. Of course, you can scale your efforts depending on the free time that you have. Here are some of the best examples of ways to earn cash online.

How to Earn Money Online

1. Create An Online Course

Perhaps one of the best ways to earn passive income is to create an online course. Becoming a Udemy instructor can allow you to earn hundreds of dollars a month by doing nothing after you have uploaded your online course. This is perfect if you are knowledgeable on a topic that you think many are interested to learn. The topics you can choose can range from academic subjects (Calculus, Molecular Biology, Physics), hobbies (Photography, Drawing, Programming) and special life skills (Photoshop, Computing for Taxes, etc). 

Uploading a course on an online learning platform is mutually beneficial to all parties involved. Online learning platforms earn through their subscribers. On the other hand, subscribers have the avenue to learn the topics that they are interested to learn. You, as a course creator, also earns a commission for every student that you have.

Complete Online Surveys

This method will not let you earn the big bucks. However, it is perfect for students who just want to augment their allowance with a few dollars a week. For just a few minutes of answering online surveys, you can pocket up to 5$ per form. There are online websites that allow you to earn points which you can save up to redeem gift cards.

Affiliate Marketing

Affiliate Marketing is perfect if you have a great online presence both on social media and as a blogger. You can immediately start raking in the dough by promoting multiple companies and their products and services. Signing up as an affiliate will allow you to gain commissions for every time a follower of yours subscribe or avail of their product or service. Being an affiliate is easy as you can just share a link to your friends, family, and followers.

Freelancing Writer

Another great way to earn extra money online is to become a freelance writer. Many websites lack content and its owners would definitely pay a decent sum of money for third parties to create content. Blog Posts are a great informational resource to have on a website which is why the demand for freelance writers is not going down soon. Freelance writing is great for students or stay-at-home moms as it requires a laptop and stable internet. Writing a few hundred or thousand words will allow you to rake hundreds of dollars. In fact, there already are thousands of writers who have resigned from their day jobs just so they can focus on becoming freelance writers.

Here are 17+ Freelancing websites for beginners

Sign up on Fiverr

Fiverr is the world’s largest online marketplace that allows its users to earn money by rendering small services. The services can really be anything — writing, translation, social media consulting, social media posting, etc. It can be as small as writing a love note to someone to creating voiceovers for a movie project. The default price for the services is $5 but you can definitely increase the price of your services. Many have already made a living off of Fiverr and other similar websites. Just like freelance writing, all you need here is a  laptop and a stable internet connection.

Click Here to Learn more about making money on Fiverr

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Last update on 2024-04-24 / Affiliate links / Images from Amazon Product Advertising API

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Mysson
As an SEO freelance writer for hire, Mysson creates compelling content in online business, SaaS, and Digital Marketing niches for clients just like you. Hire Mysson for powerful business storytelling, crispy copy for service business or insightful articles that spark online conversations, attract links and boost conversions. Connect on LinkedIn @Mysson
Picture of Mysson
Mysson
As an SEO freelance writer for hire, Mysson creates compelling content in online business, SaaS, and Digital Marketing niches for clients just like you. Hire Mysson for powerful business storytelling, crispy copy for service business or insightful articles that spark online conversations, attract links and boost conversions. Connect on LinkedIn @Mysson

Guestposting on The PennyMatters has since been discontinued. Do not contact us on the same.

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