Sign in
Download Opera News App

Economy&Finance

 

Investing

 

Stock investment

How To Make Money On The Internet - Ideas To Get You Started

There are an infinite number of ways to make money online thanks to the internet. Here are a few ideas for earning some spare cash on the side.

Making more money would almost certainly fix all of your problems. We've discussed ways for teenagers to make money in the past, but for those of us who are a little older, we need something a little more sophisticated than $10 from mowing lawns.

Make extra money (or your entire paycheck) online is surprisingly simple in the age of the internet if you know where to look.

Here are some online money-making (and money-saving) ideas:

What's Next:

1. Participate in online surveys 

2. Work as a freelancer 

3. Invest in a robo-advisor

4. Invest in real estate 

5. Use a broker to support you.

6. Take on the role of a virtual assistant.

7. Rent or sell your possessions


8. Start a blog 

1. Participate in online surveys

Although taking online surveys will not make you wealthy, it will allow you to earn a few extra dollars in a short period of time.

Swagbucks

Swagbucks lets you earn points that you can then exchange for gift cards or cash. Additionally, over 1500 stores, including Amazon, Starbucks, and Target, give cash back. There are various choices!

It works like this: you gain points by shopping through their portal, taking surveys, watching videos, and so on. The best part is that signing up is absolutely easy! In addition, they are currently offering a $10 welcome bonus.

2. Work as a freelancer 

Chances are, if you have a talent, you will sell it. There's a freelance job for everyone, whether you're a blogger, artist, graphic designer, photographer, or something else. Let's look at a few different freelance options for you.

Writing for a living

It's now more accessible than ever to work as a freelance writer (all of our writers at Money Under 30 are freelancers). With that said, it can be tough to find a writing job that pays more than pennies if you're just starting out.


We've got tips on how to get hired for a freelance job right here. Fiverr is also a good place to start looking. It's called Fiverr because most people used to charge $5 for their services—some still do, while others charge far more.

Carry out minor tasks

Even if you're not particularly imaginative, you can still make money online by using TaskRabbit to advertise your handyman (or woman) services.

Many of the tasks mentioned on TaskRabbit include things like:

Putting together furniture

Getting around and doing errands


Purchasing groceries

3. Invest in a robo-advisor

Robo-advisors manage your savings for you. All you have to do with several robo-advisors is choose your risk, your goals, and fund your account. The rest will be handled by the robo-advisor. Robo-advisors may assist those who want to invest but are unfamiliar with the ins and outs of the operation.

Here are a few of our personal favourites when it comes to robo-advisors.

MI FINANCE

M1 Finance is a combination robo-advisor and conventional brokerage, which ensures you have a little more leverage over your portfolio than with a robo-advisor alone. M1 lets you pick and choose the "pie slices" (different investments) you want to include in your portfolio.


M1 Finance is absolutely free to use, so every new investor can take a look.


4. Invest in real estate

If you're willing to take a chance, investing in real estate online can be a perfect way to generate passive income.

Many investors invest small sums of money in real estate projects through real estate crowdfunding.

In the real estate crowdfunding industry, there are a few firms that are the frontrunners.

Roofstock is one of them. They specialize in single-family homes that can be leased and rented out. There are no costs to enter or check their assets since it is a forum for investors and built by investors. See our Roofstock analysis for more detail.

Fundrise is another well-known brand in the real estate crowdfunding world. Fundrise has a low minimum investment of $500 (almost unheard of in the real estate industry), and their annual returns range from 8.7% to 12.4 percent, according to their website. Take a look at our Fundrise analysis.


5. Use a broker to support you.

Many people are scared of the stock market, but it's becoming easier and easier to invest in stocks, even if you don't have much experience.

But no longer – with so many excellent opportunities available, there's no need to be afraid of the investing environment. Here are four good places to begin your research.

If you invest in a company like E*TRADE, you'll have access to a wealth of trading resources, as well as the ability to trade stocks, futures, and ETFs for pennies on the dollar.

Zacks Trade makes day-trading simple and cost-effective for slightly more experienced investors. You will invest in stocks and bonds, as well as ETFs, options, and other financial instruments. Their pricing is clear and simple: stock and ETF trades cost $0.01 per share (with a $3 minimum).


6. Take on the role of a virtual assistant.

Virtual assistants can earn up to $16 per hour in some cases. You can work part-time or full-time, and the schedule can be very flexible as long as it aligns with the needs of the company you're working for.

To be a virtual assistant, you'll need the following skills:

Laptop machine

Cellphone or headset?

Good communication skills

Flexible schedule


7. Rent or sell your possessions

This could include selling a few items on Ebay, running a full-fledged online shop, or renting out your home (which isn't completely online, but it starts there).


Airbnb allows you to rent out your house.

You've never heard of Airbnb unless you've been living under a rock. You could make a lot of money as a side hustle if you have an extra space or even a whole house to rent out.

When it comes to listing on Airbnb, you will be charged 3% of the total booking amount. However, since you can set your own rates, you'll have a lot of leverage over how much money you can make as an Airbnb host.


8. Create a blog

You can make an entire paycheck if you can create a niche audience for your blog—just ask our creator.

To begin earning money from your blog, you'll need to employ those advertisement techniques, the best of which are:


Affiliate marketing and advertising

Small blogs are able to remain alive due to affiliate marketing. Affiliate advertising includes an advertiser paying an affiliate publisher (your blog) when it refers a paying client, rather than being paid per 1,000 page views or per click, which is the conventional middle.

Content created and supplied by: Desiredadzie12 (via Opera News )

Internet

COMMENTS

Load app to read more comments