Have your savings turned into necessary spending in the last few years? You might not be alone in postponing dreams to survive the daily struggles. The post-pandemic economy suggests that regular jobs can’t meet the needs anymore when home prices in the US alone increased more than 44% after COVID, not to mention the cost of groceries.
If inflation hasn’t hit you hard yet, you might get more concerned about a potential financial crisis amidst rising challenges of automation and artificial intelligence in upcoming years.
Fortunately, with wise strategies you can monetize all the changes in this gig economy. Try freelancing, online sales, creating content, or doing simple tasks, such as sharing your internet connection on the Pawns.app. This article will guide you to pave the way to your financial freedom.
Best Ways to Make Money Online
Become a Freelance Writer
Freelance writing is a dynamic and rewarding pursuit. As a freelance writer, you’re not bound by the confines of a traditional office; your workplace could be your favorite coffee shop or the comfort of your home.
In contrast to working as a writer attached to a single company, freelancing allows you to select the subjects you write about. This autonomy will help you retain and grow your passion for writing.
- Skill requirements: rich vocabulary, good usage of the written word, ability to learn fast, knowledge of search engine optimization
- Age thresholds: no restrictions
- Expected earnings: anything between $0.05 to $1.50 per word, depending on your experience
Become a Web Developer or a Designer
Since everyone from individual freelancers to international corporations tries using online availability to present themselves in the most approachable way, the demand for web pages has never been so high.
However, not everyone has enough resources to hire high-profile developers. That’s where you kick in to offer your services. You won’t need a lot of skill, but with enough time and keenness to detail, you can make a fortune from developing websites and creating eye-catching designs.
- Skill requirements: basic knowledge of WordPress or Wix and graphic design tools ( such as Photoshop, Figma, Zeplin, Sketch, or Canva)
- Age thresholds: no restrictions (unless you are creating a website for R-rated content)
- Expected earnings: $33-$45 per hour on average for juniors
Start Managing Social Media
As a social media manager, you step into a dynamic world of hashtags, likes, and shares, where every post has the potential to ignite engagement and foster meaningful connections. Your focus will be on finding the best strategy to attract reactions and followers.
By knowing how to match pictures with short captions and choose the right words to create a buzz around the post, you will achieve your goal of earning money online, and you will succeed in receiving more attention and creating a better profile for future opportunities.
- Skill requirements: knowledge of online trends, ability to write and understand what hooks will work on the audience
- Age thresholds: younger people might succeed better, but there are no restrictions
- Expected earnings: between $500 and $5,000 per month
Become a Virtual Assistant
Virtual assistant jobs are not much different from regular assistant’s daily tasks. You will sort and distribute tasks, answer emails, manage dashboards and customer queries, and schedule appointments.
More innovative firms can save space and other resources by hiring virtual assistants instead of regular staff. And you can save time while doing all those tasks that will help you earn money online!
- Skill requirements: good time management, attentiveness, fast reaction
- Age thresholds: no restrictions
- Expected earnings: from $10 per hour for beginners to $50 or more per hour for highly skilled
Teach and Coach Online
If you have the know-how for a particular field that others lack or are a talented educator who can advise those in need, online tutoring might be the way to go if you want to sell digital products.
You can share your knowledge through any channels for paid content or use educational platforms such as Udemy, Coursera, and Skillshare. A YouTube channel might help tease your courses to the broader public before monetizing their engagement in your lessons.
- Skill requirements: clear and consistent speech, expertise in any field
- Age thresholds: no restrictions
- Expected earnings: from $10 to $20, you can earn more with increasing expertise or popularity
Data Entry and Other Microtasks
These are among the most easygoing tasks that will occur regularly but will not require many resources. That’s why no company will want to hire a separate employee for it. However, you will get money online effortlessly by completing these tasks for different clients without long-term commitments.
You can quickly translate, collect, or enter necessary data, label images or sort lists, and get your payments without ever caring about volumes or more difficult processing.
- Skill requirements: attentiveness, quick reaction, precision
- Age thresholds: there might be restrictions for minors regarding data entry
- Expected earnings: from $10 to $20, you can earn more with increasing expertise or popularity
Go for Dropshipping
While online shopping is still on the rise, with more of the market shifting to e-commerce, you can open an online shop without needing to store any merchandise. That is a cost-effective way to start an online business.
You can become the proxy between the buyer and the supplier and earn money online from retail, thus building your brand and saving all the space and time you would waste for an actual shop.
- Skill requirements: market analysis, collaboration, finding online resources
- Age thresholds: might be legally challenging for a minor, but there are no restrictions
- Expected earnings: profit margin ranges from 10% to 30% from sold merchandise
Do Print-on-Demand (POD)
You will need to find the service to print when an order is received, but you will never lose money or items for not selling them. That is a way of conducting business without making the actual item.
You will only take care of the design and fulfill the visual desires of your customers. The printing company will take care of printing and shipping to the customer. Similarly to dropshipping, this online business will require no space or resources to store the products, saving your time and money to focus on making new products.
- Skill requirements: graphic design, visual thinking, and digital marketing
- Age thresholds: no restrictions
- Expected earnings: from 20% to 40% of the price from sold items
Sell Your Crafts on Online Marketplaces
If you have any secret talents for making stuff, it might be the best time to bring these talents to the daylight. Online selling platforms such as Etsy, eBay, or Amazon Handmade broaden the possibilities to sell the products of your crafts online without waiting for crafts fairs or other events that would help monetize your endeavors. Whether you make jewelry, wooden toys, or other items, you can profit from it without opening a store.
- Skill requirements: craftsmanship, good communication, ability to attract attention
- Age thresholds: no restrictions
- Expected earnings: depend on the quality and appeal of your crafts
Create a Blog
Starting a blog and writing about virtually anything is an easy part. Nevertheless, after starting to control the mastery of your words and doing some research on the market, you can start earning money online from writing about your trips, struggles at work, various products, disseminating advice on the field of your expertise, or even ranting about what you hate. You only need to find your audience and make them interested enough to pay for your content.
- Skill requirements: good writing, marketplace analysis, being informative, knowledge of search engine optimization
- Age thresholds: no restrictions
- Expected earnings: from $300 to $400 a month after you build your audience, later earnings will grow together with the audience
Start a YouTube Channel
A YouTube channel can make you a fortune if you know how to use it. These days, you can make a vlog and earn money online from talking about random stuff if you do it attractively enough.
You can engage in serious talks about politics or finance or create reaction videos for others to enjoy with you. A YouTube channel can eventually pay off by helping you get money online from subscribers or YouTube ads or advertising something in your videos and getting even more money.
- Skill requirements: clear and consistent speech, having what to show or how to do it charmingly
- Age thresholds: no restrictions
- Expected earnings: depend on your viewers base; YouTube can pay around $0.01 to $0.03 per view
Make Your Mark as a Photographer
If you cannot stop taking pictures and have an eye for the ones with good quality, you might receive money online from selling the images that you make. You only need to find an agency such as Shutterstock, Adobe Stock, or Getty Images and show your worth with a rich portfolio that could catch an eye.
Your photos must be unique and visually captivating. If you manage to do that, you can sell digital products and continue taking pictures everywhere while getting revenue for it.
- Skill requirements: knowledge of photography, visual thinking, artistry
- Age thresholds: no restrictions
- Expected earnings: depend on the quality and appeal of your photos
Share Your Internet Connection
If you want to put aside all the efforts needed to earn money online, you can share your internet connection on the Pawns.app and get rewarded for literally doing nothing!
You only need to install their app and share your connection through it. That’s it! You can watch your favorite TV show or sleep and still get passive income.
- Skill requirements: no requirements
- Age thresholds: no restrictions
- Expected earnings: $0.2 per 1 GB
Try Taking Online Surveys
Another way to get money online without any skills is to simply put your time into taking surveys. Big companies invest a lot of money into paid market research studies to lure people to answer more questions about their products and what changes would make them more appealing.
Sometimes, researchers go for a smaller scale, and you can find surveys online and answer in your spare time to get an extra few bucks. Pawns.app covers a variety of topics, such as politics, health, products, and current events, so it’s a nice place to start.
- Skill requirements: no requirements
- Age thresholds: no restrictions
- Expected earnings: from a few cents to a few dollars per survey
Sell Online Courses
Similarly to online tutoring, you can sell educational content online even if you are not the one educating others in these courses. For instance, if you have a business or work in a company that provides educational courses that you can sell, you can make it an additional bonus for the company to deliver these courses to the general public on educational platforms. Or even more so, you can help others find their niches to sell digital products to their audiences.
- Skill requirements: educational talent, market analysis, good communication, worthy knowledge
- Age thresholds: no restrictions
- Expected earnings: depending on the quality and worth of the courses, the revenue might range from hundreds to thousands a month after you build your audience
Start a Podcast
Podcasts are so trendy in this day and age that they have become more popular than regular TV talk shows. If you always wanted to host a TV show, now is the time.
Either on a YouTube channel or any other video platform, you can monetize those engaging discussions you regularly have with your friends. Just put some effort into analyzing the Facebook marketplace to see what potential viewers are eager to hear about.
You only need to have immersive things to say, even if they are polarizing. As long as you get enough reactions and views, you will make money online.
- Skill requirements: clear and consistent talk, having what to show or how to do it charmingly
- Age thresholds: no restrictions
- Expected earnings: depending on your viewer base and the platform you use, you can earn from a few hundred bucks a month to thousands
Play Games for Money
If you can start a podcast or a YouTube channel or write a blog, you can get money online the same way by streaming the games you play. You only need to create your channel on Twitch or a similar platform and let others watch how you play. Of course, you have to invest time and develop skills in these games.
You must add charm while commenting on your games to attract more viewers. If you don’t want that, you can try testing games for money or esports and start earning money to win against other players who live in these games. Well, you can outlive them for the money!
If you don’t want to invest too much time into testing and reviewing, you can also play paid games without having to do anything except play.
- Skill requirements: gaming skills, good communication, knowing a lot about games
- Age thresholds: no restrictions
- Expected earnings: depending on your viewer base and the platform you use, you can earn from a few bucks a month to thousands
Use Passive Income Apps
Passive income apps allow you to earn a little extra money online by completing simple tasks requiring no skills or by shopping online and sharing your data or internet connection on the Pawns.app. You won’t make a career out of it, but additional savings will be added to your account by simply making a few clicks.
- Skill requirements: no skills required
- Age thresholds: no restrictions
- Expected earnings: depending on your activity and the app you are using, you can get from $10 to $100 a month
Participate in Market Research
Paid market research studies are a win-win situation for companies eager to get more information about the marketplace and those participating because they are getting paid for expressing their opinions.
You can get money online by simply venting your frustrations about the products you use. You can join an online focus group for more money to discuss some products or information provided by particular institutions.
- Skill requirements: no skills required
- Age thresholds: no restrictions
- Expected earnings: from $10 to $275 per session
Conclusion: Maximizing Your Online Income Potential
Although, as you can see, there are multiple and equally promising choices to increase your income, you should not get too hyped. At first, any of these money online sources can only be additional to your regular job. Regardless of the effort, it takes time to establish yourself as a professional or a trustworthy brand among customers.
For instance, virtual assistant jobs only give you extra money without stability. A YouTube channel that can become your sole income source in the future still cannot be built swiftly. However, this guide should give you a vision of how firm determination in the long term can lead you to financial independence.
FAQ
Are there any hidden costs involved in these “free” online money-making methods?
All of the strategies above impose no hidden costs, except for the electricity and devices that you will need to work on any of these strategies.
How do I ensure the online platform I choose to earn money is secure?
The best way to guarantee your earnings are secure is by reading reviews about these platforms. Unbiased opinions are available on Trustpilot and Product Hunt.
Can I rely on online earning methods as a stable source of income?
Not in the beginning. Building your stability for money online will take time. It might not succeed at first. If possible, you should have other sources of income before deciding to go all online with lots of heart and no secure recourse.