Best Ways to Make Money Onlne
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Make Money By Side Hustling
Filling Online Surveys
Filling online surveys is a great option if you only have a spare hour or two. There are lots of panels that make it easy to earn $50 or more a week. For example, Survey Junkie helps you to make $0.50 -$3 in your first 15 minutes. InboxDollars, MyPoints and PrizeRebel all not only have surveys, but other tasks. You can expect to earn a dollar or two for tasks. However, since these tasks only take a few minutes, you can slot them around your other commitments.
To get started on these platforms, you’ll need to set up your profile. The companies use the information you provide to match you with appropriate surveys and tasks. When you reach the minimum cash out threshold, which is typically modest, you can claim your earnings via gift card or PayPal.
Companies need feedback from consumers to develop products and services. So, one of the easiest answers to the question, how to make money online, is to answer questions.
There are a number of platforms where you can get paid for product testing. You’ll be sent or need to purchase a product and then try it before answering questions about your experience.
You can get paid anywhere from $3.
For example, Pinecone Research pays approximately $6 for each product test and you get to keep the product.
Inviting Friends to Use Apps/Services
If you enjoy using apps and services, one of the easiest ways to make money online is to invite friends to join. Most companies offer to refer a friend bonus that can be a one off payment or a percentage.
So, it is well worth looking at the companies, apps, and services you currently use to see if they have a referral program. After all, if you enjoy using these companies, why not share them with your friends and make some extra cash?
Watching Movies & Trailers
If you already spend your free time watching random videos and trailers, you can enjoy a few cents for each video through platforms such as InboxDollars. This is often the solution people consider when they first start asking what kind of work can I do from home. However, you can take it further.
The above task tends to pay very little, but since it is quite fun and not time consuming, this is enough for some people.
If you prefer to tackle a more serious gig, you could consider creating video subtitles. This involves watching the movie, trailer or video and transcribing what you hear.
There are lots of internet creators who want to make more accessible content. You can even set yourself up as a freelancer on platforms such as Fiverr. Although the base rate will only provide you with $4, you can upsell your services to make a decent rate.
Switching Service Supplier (Electricity, Insurance, Bank account)
Many companies take their customers for granted. They tend to reserve their preferential rates and deals to attract new customers. So, you can easily earn money online simply by switching service suppliers.
However, this need not be a hassle. There are platforms such as Rocket Money that can help you save money on your costs. This is a free sign up service, as you’ll simply pay a commission on any savings the company can negotiate for you.
Rocket Money’s commission is a steep 40%, but this is only charged when savings are secured. So, if Rocket Money is unable to save you any money, you won’t pay a fee. However, if they can save you $100, you’ll need to pay $40.
If you enjoy playing games, you could use this to earn some extra cash. The Mistplay app is designed to help game developers test the functionality and user experience of their products. You’ll get to play games and provide feedback to help the developers and get paid for your time.
After registering, you can browse the available games and each one has different play periods and achievements. After you complete the achievement or game, you’ll receive a notification from Mistplay.
This will require responses to questions or feedback on the game. You’ll earn up to 200 points per game and you can then convert your points into cash. Approximately 1500 points are worth $5.
If you find that you’re picking up errors on websites or feel frustration when a site is not intuitive, you have the eye for testing websites.
UserTesting is a platform that helps web developers check for errors and evaluate user experience. When you create an account, you’ll see a prompt to download the testing software. You’ll then visit sites and answer questions about the user experience. The sites UserTesting will offer you will depend on your demographics. The company matches members to the target users of specific sites.
The testing typically takes up to 20 minutes, and UserTesting pays $10 for each test via PayPal.
Reviewing Search Engines
Search engines also rely on feedback. The companies use this feedback to improve their services and update the algorithms. Reviewing search engines can be a legit way to make money online.
You’ll be instructed on what you need to research and review. Most platforms also require that you complete a feedback form.
Search engine evaluators often need to pass a test to join a testing platform or meet certain requirements. For example, Appen requires excellent web research skills, comprehension and analytical abilities.
However, you can earn $10 to $30 per hour on a flexible schedule.
Listening to Music
If you enjoy music, you could spend time listening to music and helping artists online. Slicethepie is a platform where you can review pieces of music from unsigned bands. This isn’t a massive earner, as you’re only likely to earn $40 to $50 per month. However, you’ll be spending your time doing what you enjoy.
To get started on the platform, you’ll need to complete the online application with some personal details. Once you’re logged in, you can choose music categories. You just need to play a track and comment on what you like and dislike. You need to listen to at least 90 seconds and provide a rating out of ten.
As with websites and search engine companies, app developers need to know that their app is ready for launch or if it needs to be modified.
You can download and test apps, before providing feedback. For example, Tester Work pays evaluators for finding bugs. Tester Work displays the amount you’ll receive on each project before you start work. However, you can expect to earn $50 or more per hour.
Tester Work does require evaluators to pass an assessment before they can join. However, there is a chance of a second test if you fail the first time.
Doing Small Jobs Online
If you don’t want to commit to doing one thing online, consider doing small jobs. This is often known as micro tasking and can be quite lucrative. Although the tasks tend to pay very small amounts, they only take less than a minute.
For example, Amazon Mechanical Turk has HITs or Human Intelligence Tasks. There are millions of HITs on the platform, but you need to pass qualification tests before the platform will allow you to take on a task.
This can vary from filling in Captchas, categorizing videos, transcribing audio files or completing surveys. Most tasks pay less than $0.50, but they can be done in less than a minute.
If you’re crafty or can make things, you could sell your items on Etsy. Etsy charges a $0.20 listing fee and a 5% commission on every item you sell. This allows you to sell personalized items or items you can mass produce.
The average price of Etsy listings is $25, but you can set your own prices.
If you’re not confident in your crafting skills, you could still sell stuff online. You can clear your unwanted items and list them on an auction site. However, you can also find items to sell on Craigslist, at yard sales or local events.
It is even possible to collect boxes of items for free from people who lack the time to sell their unwanted things.
Renting Your Stuff
If you have items you’re not constantly using, but don’t want to sell, you could make some cash renting out your stuff.
Platforms such as FriendWithA or Fat Llama allow you to rent out items from an ever expanding list of categories. From mountain bikes to digital cameras, power tools to sports equipment, you can list your items and wait for renters to contact you.
These platforms also have coverage of up to $10,000 against damage, theft or loss of your items.
The more things you list, the more likely you’ll create a decent income. According to FriendWithA, lenders can make up to $1,000 per month.
No-risk Matched Betting
Matched betting allows you to earn cash from free bet promotions. Most of the major bookmakers have these offers. They are designed to encourage customers to place their bets with them.
You may see promotions such as “bet $30 with us, and we’ll give you a $30 free bet.”
This will allow you to bet for and against something, so there is no risk; you’re guaranteed a win. For each of your matched bets, you’ll be left with as much as 95% of the free bet amount. Since most bookmakers charge a commission on winnings. There may also be a small loss due to minor odds differences on the various websites. However, you can recoup this when you use the free bets.
Write & Publish a Kindle eBook
The Amazon Kindle platform makes it easy for budding authors to get their books out to a wide audience. The platform is free to use. You simply upload your book with cover on to the publishing dashboard.
Amazon will list your book on the Amazon sites you choose and will pay you a percentage when your book sells. You’ll earn 70% if your book is $2.99 to $9.99 and 35% on books outside this price range.
You can set your own book prices, participate in promotions and appear on best seller lists.
While you will need to promote your books, there are Kindle authors making thousands of dollars a month.
Claim Tax Back
If you’ve been working as a student, or paid taxes in different states, you may be able to claim some tax back. There are agencies that can help you to claim any rebate due to you. However, you can also deal directly with the IRS. The IRS has a special website for tax refunds where you can track the progress of your refund.
How much you can claim will depend on your specific circumstances, but if you think you’ve overpaid, it is worth checking.
Build a Sales Funnel with ClickFunnels
ClickFunnels is a platform that makes it easy to build sales funnels to promote products or services. If you like the idea of being an affiliate marketer, but lack programming skills, this could provide a great solution for you.
This will help you to generate leads and capture details to make sales. The company even offers a free 14 day trial, so you can check it out for yourself with no risk. If you have a good product to promote, ClickFunnels could help you to generate thousands of dollars each month.
Sell Your Photography
If you’re a keen photographer, selling your photos online is a great way to generate some extra cash. Many businesses use stock photos on their websites or blogs and you can provide these images.
For example, Shutterstock offers a percentage for licensing the images of contributors. You can earn 15% to 40% depending on the level. Generally, stock photos will earn you $0.25 to $0.45 per image per month.
The great thing is that you can take pictures of practically anything and still sell them online. So, whether you like landscape photography or prefer to photograph items and people, you’ll still be able to make an income.
Make Money Online by Investing
Peer to peer lending is a relatively new concept. It allows people to borrow money directly from borrowers. Lenders and borrowers come together via a lending platform or company. This creates advantages for both borrower and lender.
There is less paperwork, faster approval decisions and competitive rates for the borrower. Lenders can also invest small sums and attract a better rate.
For example, Peerform is a popular platform that offers rates of 6.44% and 28.33% for investors. You can invest from $25. You can also create a diverse portfolio to minimize your risk.
There are thousands of indexes tracking the movement of markets, sectors and strategies each day. These are necessary to determine the health and performance of the market. Indexes are a mathematical construct, so you can’t directly invest. However, you can invest in an index fund.
These are passively managed, so they typically rarely change to minimize costs and maximize returns. You should be able to get the same return as the index with a low average commission of 1.3%.
There are lots of investment companies and platforms that make investing in index funds easy. For example, Betterment is a robo advisor that has an investment fee of up to 0.50%.
Online Savings Account
While many consider an online savings account to create a fund for emergencies, it can also be a way to make money online. You’ll often need a minimum deposit, but you’ll effectively get some free money.
For example, Chase is currently offering a $150 bonus if you open a Savings account and deposit $10,000 within 20 business days.
You can also find similar bonuses for opening up current accounts with various financial institutions. So, it is well worth looking at your bank account requirements to see if you can make some free cash.
Robo Advisors are online investment services that select portfolios and manage them according to your risk. This is a great tool for newbie investors who may be concerned about the complex terminology and processes of a traditional broker.
For example, Fidelity Go has a simple user interface and allows small investments from $10. You can set up an account by answering five basic questions. You’ll then see an overview of a proposed portfolio based on your profile.
Fidelity Go also has a very low commission structure. You’ll only pay 0.35% commission on your investments.
Employer’s retirement plan (401k)
If your employer offers a 401k retirement plan, you can maximize this to make money for your future. Many employers will match your contributions. This means that for every dollar you put into your 401k, your employer will also put in $0.50 to $1.
So, you can get extra cash in your retirement fund by topping up your contributions. You’ll need to pay attention to the specific terms of your 401k, but this is a good way to make some money online.
Digital Real Estate
Real estate is a common investment platform, but you may not have heard about digital real estate. In the physical world, you can invest by buying a house or plot of land to sell for profit or rental income. A similar thing can be experienced in the digital world.
Domain names, websites and blogs are all internet property. You can buy and sell this digital real estate just like you would an apartment or house. Some domains and websites even sell for hundreds of millions of dollars.
You can either build your own websites or buy an established site and flip it. You will need to make improvements to the website to make it more appealing and profitable.
If your website generates $300 a month in profit, this is $3,600 a year and you could sell the website for $7,000 to $10,000.
Dividend Stock Funds
Companies on the stock exchange regularly use a portion of their profits to reward stockholders with a cash payment or dividend. These payments are usually every three months, but they can occur at different intervals depending on the company.
To benefit from dividend stock funds, you will need to buy stocks and keep hold of them for a while. You can purchase them from a broker house, but you need to ensure that you still own the shares before the ex-dividend date. This is the date when the company checks who owns shares and are eligible to receive a dividend payment.
IRAs are another investment tool that can help you to make money online. This type of investment is easy to manage and less expensive than many others. You can allocate assets within your IRA so you can accomplish your financial goals.
Traditional IRAs allow contributions that may be deductible on your tax return. You can also tax defer earnings until you make a withdrawal in retirement. This can be helpful if you drop into a lower tax bracket after you retire.
Although this is a long term strategy, it is a good way to make some money online to boost your retirement fund.
Cryptocurrencies have only been around for just over a decade, but they offer another investment avenue. Crypto tends to evolve in a cycle with an increase in prices creating a media buzz, which brings more people and prompts the creation of new projects.
You can make money with cryptocurrency by investing or trading. Investing is a long term strategy that involves buying and holding on to your currency. You can purchase cryptocurrency through platforms such as Robinhood.
Cryptocurrencies tend to be volatile in the short term, so they can have dramatic shifts in value. However, they have great potential in the long term.
There are some great investment apps around today. These can provide access to lower investment fees, easy saving and investment learning.
Regardless of your financial goals, there is an investment app to suit your requirements.
For example, Acorn allows you to link your credit or debit card to your account. Acorn will round up the value of your purchases and invest the difference into an ETF portfolio.
If you prefer to learn more about investing, you can use the Robinhood app. This offers learning tools and fee free trading, so you can develop your investment skills in a secure environment.
ETFs or Exchange Traded Funds are like mutual funds. The investor capital contributes to a pool fund that can be invested on shares traded on national stock exchanges.
ETFs are actively traded throughout trading days. You can watch price fluctuations and pick the price points when you want to buy or sell.
There are a number of platforms that can assist beginners wanting to invest in ETFs. For example, You Invest by J.P Morgan offers a fee free environment with no annual or trading fees. There are also no account minimums.
Make Money Online by Starting a Business
Blogging is an interesting online job where you can earn anything from a few dollars to $10,000 or more a month. A blog will not produce an immediate return. However, you can work on it according to your schedule, dedicating a few hours a day or week.
You’ll need to enjoy writing and have a topic in mind that you would enjoy talking about in the long term.
To obtain an income from your blog, you can put ads on your website, get paid affiliate commission for products that you recommend or review or sell your own product or service.
Generally, it takes up to 18 months for a blog to start providing some cash, but it has great long term income potential.
Open E-Commerce Store
If you have your own products or can source items to sell, you could open your own e-commerce store. You’ll need to be code savvy or pay someone to design your online store, and you’ll need to spend some time building up your brand.
However, you can sell practically anything that appeals to you.
Like blogging, your store could earn you anything from a few dollars to thousands of dollars each month. If you’re selling a physical product, you will also need to calculate your shipping expenses and stock costs to determine your profitability.
Amazon Private Label
Amazon is perhaps the largest global marketplace, but it can also answer the question how can I make money from home? Fulfilled by Amazon or FBA is a marketplace that simplifies selling. The process is a little tedious, but there is a potential to earn as much as $100 per hour.
You will still need to source products you can sell at a profit. You’ll need to calculate the fees and shipping expenses to determine your potential profit margin.
Amazon also has a comprehensive list of terms and conditions, which you will need to check or you could end up being deplatformed.
Create a Dropshipping Business
If you lack space or don’t like the idea of holding stock, you could create a dropshipping business. Dropshipping involves advertising products for sale in your own e-commerce store or other platform. When you make a sale, the products will be packaged and delivered directly to the customer from the supplier.
While finding a supplier can be a little challenging, it is possible to make $1,000 or more a month. Again, it is a good idea to choose products that you like or enjoy using. This will allow you to write product descriptions, blog posts and other promotional material more naturally.
Launch Youtube Channel
YouTube channels can generate an impressive income level. You can base your channel around your hobbies or interests. From reviewing items and unboxings to gaming or comedy content, you can transform this into an income.
The top earners on YouTube are earning millions of dollars a year. However, it is possible to earn approximately $5 for every 1,000 views. This may seem like a small amount, but when you have hundreds of videos on your channel and develop a following, you can start raking in some serious cash.
As your subscriber count grows, you may also attract sponsorship deals.
Make Money with a Podcast
If you don’t like the idea of being on camera, you could create a podcast. There are podcasts on practically any subject and you can discuss your interests with like minded listeners.
As with blogs and YouTube channels, a podcast can take some time to gain a following. However, once you have regular listeners, you can make some serious money with sponsorships, affiliate commissions and even selling your own products or services. Although your earnings will vary, if you have 10,000 downloads of your podcast episode, you can expect to make $500 to $900.
Build an Online Community
You can also create a decent income stream by building an online community. There are lots of popular online communities based on particular interests, such as the gaming community IGN. Once you have a following, there are lots of ways that you can harness this potential to generate income.
For example, you can host adverts, sell t-shirts and merch, charge for membership and exclusive content, creating a board, or selling services.
While you can create your online community on a social media platform, if you want exclusivity, you can create a branded community. This is a community that requires more than a password and email address to gain access.
Again, you can base your community on your interests and passions, finding like minded individuals who share your enthusiasm.
Become an Influencer on Instagram
In this age of social media, companies are moving their advertising budget away from conventional advertising to influencers. As an influencer on Instagram, you can provide access to a specific community that matches a company’s target audience.
Your earning potential will depend on your engagement rate, and the size of your following. However, popular profiles can command thousands of dollars for sponsored posts.
It is not easy to become an influencer. You will need to choose your niche carefully and create an attractive bio. You’ll also need to post new content and interact with your followers regularly. It will take time to build your audience, but once you have a following, you can negotiate sponsorship deals.
Open a Membership Site
Membership sites have become more commonplace. While you can offer free content on social media, your overall aim is to get people to pay for exclusive membership content. Again, you can create your membership site around your interests.
If you’re a personal trainer, you can create exercise and diet plans, offer one to one guidance and provide a forum for mutual support. Although there will be some overheads, if you have 100 people paying $10 a month for their membership, you’ll be generating $1,000 a month.
As with an e-commerce store, you can build your website yourself or pay a web designer to help you. However, you can tailor the site to complement your brand aesthetic.
Create a Course
If you have skills and interests, you can translate this into a passive income stream by creating a course. Whether you can teach people how to cook vegan food, learn a language or build a website, there is limitless potential for your course.
Once you have written your course, there are some great platforms to market and sell it online. For example, Teachable offers different plans for course creators. This ranges from basic to business. All plans provide access to unlimited students, with third party integration, product support and instant payouts.
According to Teachable, the average course creator earns $5,400 per course.
Sell on Amazon Merch
Merch has become a popular item for businesses and brands around the world. However, you don’t need to have a high profile to earn an income selling on Merch by Amazon.
This is a print on demand service, so you can create T-shirts, hoodies, caps and other merch with your designs. There are no upfront costs and you can set your own prices. When you make a sale, Amazon will handle the printing and distribution and you’ll receive a royalty.
The top sellers on the platform are earning hundreds of thousands of dollars. However, as a newbie with good designs, it is relatively easy to make $200+ per month.
Make Money Online By Freelancing
If you’re an organized person, your skills are in high demand as a virtual assistant. Essentially, you’ll be helping professionals to organize their schedules, appointment books and emails. You may also need to complete data entry, write content and do transcription, according to your client’s requirements.
You’ll need a reliable internet connection, and a computer. Some clients may also require that you have access to certain software programs.
There are a number of platforms where you can find virtual assistant jobs. The pay can vary depending on what is required and your skill set. However, it is possible to earn $20+ per hour even as a beginner.
If you have decent grammar skills and enjoy writing, you could freelance. This is one of the best ways to make money online, as there is a high income potential and high demand. Most people are looking for web content, which requires an informal style. However, it is possible to specialize in white papers and other technical writing.
The average rate for beginners is $15+ per hour. It can be tricky to get started, but there are lots of platforms where you can find remote writing jobs.
As you gain experience and reviews from happy clients, you can increase your rates and there is the potential to earn $100 or more per hour.
If you have an interest in teaching and like helping others, another solution of how to make money online is tutoring.
There are lots of platforms that can connect you with students. While many platforms require a degree, there are others that don’t require formal qualifications. However, many platforms require you pass a skills test before you can sign up.
For example, VIPKid is a platform connecting tutors with children in Asia who need to learn English. The company only hires native English speakers in countries such as the USA.
You can expect to earn $15 or more per hour.
If you speak two or more languages, you could offer translation services. You may be translating web pages, documents or other materials.
There are a number of sites where you can find translation work or you could freelance. For example, you could set up a profile on Upwork and bid on translation jobs. Depending on your skills, qualifications and confidence, you could command $35 or more per hour.
Transcribing involves listening to audio files and turning them into a text document. You’ll need good listening skills and typing skills. Many companies require a minimum typing speed and you may also need a pedal and other equipment.
However, transcription is a well paying career. As a beginner, it is possible to earn $15 or more per hour. But, as you establish your reputation and garner reviews, it is possible to increase your rate to $30 or more per hour.
You can find jobs through platforms, such as TranscribeMe or work as a freelancer.
If you have excellent grammar skills, you could offer editing services. There are lots of platforms that require editors. For example, Scribbr is open to people in the USA, Canada, UK, Australia and South Africa. You need to be a native English speaker and pass the qualification requirements. However, you can expect to earn $25+ per hour.
You can also find freelance editing positions on job boards or offer your services on Fiverr.
If you have a keen eye for detail, you could also provide proofreading services. While editing requires altering the structure of the content to improve flow, proofreading is checking for errors. You’ll need to have great concentration skills and a solid understanding of grammar and the rules of the English language. You typically don’t require any specialist equipment.
Since there are so few proofreaders around, you can command a high price. Freelancing newbies can command $15+ per hour, but this can quickly increase to up to $50 per hour.
Proofreaders are in high demand and there are lots of places to find proofreading jobs.
If you have great graphic design skills, you can make money from home designing. From logos, flyers and letterheads to merch, and book covers, graphic designers are in high demand.
You can set up your own designing business on Fiverr or freelance on work platforms. This will allow you to work around your other commitments while boosting your reputation.
Depending on the project, you can expect to earn $35+ per hour.
Answering Phones & Messages
Many businesses appreciate the personal touch of having someone answer their phones and taking messages outside of their normal operating hours. You can work hours to suit your schedule and there is the potential to earn $300 to $400 per week if you work everyday.
If you have technical skills, you may be able to command a higher rate dealing with helpline issues. There are jobs posted on several platforms including ZipRecruiter. Each job has its own requirements and you’ll typically need to submit your resume to apply.
If you have a pleasant speaking voice, you could consider becoming a voiceover artist. This will involve narrating audiobooks and other tasks. You can expect to earn up to $40 per hour. However, this will depend on your experience and the project you’re working on.
Although it is possible to sell your services on Fiverr, you can use Voices.com to find work. This platform is a community of voice artists with new jobs on the boards every day. It is possible to sign up as a guest, which is free, but you can upgrade to premium, which makes it easier to find and secure jobs.
If you have skills accumulated from your career, you could freelance as a consultant. You can expect to earn $20 or more per hour.
You’ll need to specify your niche and decide on your platform. This could be your own website or you could use a freelance marketplace.
To develop a successful consultancy, you will need to network online within your industry. This will include online communities and professional social media, such as LinkedIn. When you engage with other professionals, you can start seeking referrals for your services.
Coding is another skill that is in high demand. Websites, apps, and blogs all require coding to make them look great and function correctly. Whether you can code in HTML, Python or other languages, you’re sure to find that you’re in demand.
You can find coding work on freelance platforms or look for work on job boards. The average rate for coders is $40 per hour, but it is possible to earn more if you can demonstrate more experience. For this reason, it is a good idea to develop a coding portfolio that you can share with potential clients.
If you spend your spare time on social media, you could manage social media accounts for businesses.
While large businesses can often afford to have a department dedicated to their social media management, smaller businesses often need to outsource this task.
Managing business social media accounts is similar to your personal accounts. You’ll need to post content, answer questions and engage with followers.
Your earning potential will depend on the number of clients you have. The average salary for social media managers on PayScale is $50,000 a year.
While data entering is not the most exciting way to make money online, it is possible to earn up to $17 per hour without any special skills or equipment. Data entry projects tend to be flexible. So, you can fit your work around your other commitments. You can also work as little or as much as you need.
There are plenty of platforms where you can find data entering jobs. You’ll need to set up a basic profile and then you can start earning.