Earning money has typically been associated with and restricted to traditional 'offline' route. With the Internet taking over a large part of our lives, more people are looking to ways to earn money online to increase their financial inflows, with secondary income streams.
You should be mindful of the platform that you choose. While there are numerous ways to earn money online, some of these might be fake. Also, do not expect to earn a huge amount quickly when using online avenues to earn money.
Below are how to earn money online
When I started my blog, I faced a lot of restrictions as a financial advisor. As a result, one of the only ways I could monetize at the time was by using Google Adsense. With this income-earning strategy, you simply sign up and Google gives you a code to copy and paste onto your website. From there, Google does the rest and you get paid any time someone clicks on your ads and/or makes a purchase.
When I finally added Google Adsense to my website, I was able to earn my first $100 payout within around three months. This is pretty cool, but a lot of people have asked me how I earned so much with Adsense at first.
You have to keep in mind that, as a financial advisor, most of the ads on my website are for financial products that pay out rather well. If your blog is in a different niche like food or fashion, it may take you longer for your ads to pay off with your first $100 check.
Affiliate marketing is one of the most lucrative ways to make money online. When I was able to add affiliate links to my website, I watched my income surge in a big way in a matter of weeks!
In the financial planning niche, affiliates include companies like online brokerages, online banks, and financial tools. These kinds of companies pay very good money if you’re willing to promote them.
While the type of affiliate you work with will vary depending on the niche you’re in, keep in mind that some companies will pay you up to $100 per conversion. It’s not too hard to start earning real money with that kind of return on your time.
Freelance writing is another way to earn online income if you don’t mind earning some of your money with active work. Another benefit of freelance writing is that you can gain exposure by writing for larger websites.
One of the first websites I wrote for paid me $150 per article. This wasn’t a lot of money, but I used the opportunity to improve my writing skills and get my name out there. I don’t write as much for other people anymore, but I do know plenty of freelance writers who are earning $250, $500, and even $1,000 or more per article.
Some freelance writers I know are even earning six figures or more writing from home each year. This includes blogger Holly Johnson, who earns over $200,000 per year writing articles for other websites.
4.STARTING YOUR OWN WEBSITE
There is enough material available online to help you put together a website. This includes choosing the domain, templates, layout and the overall design for your website. Once ready to service the visitors with the relevant content, sign up for Google Adsense, which when appear on your website and clicked on by visitors, help you make money. The more traffic you get on your website, the more will be the potential for higher earnings.
There are various websites offering money to undergo online surveys, carry out online searches, and write reviews on products. To get the credit, one needs to disclose certain information to them including one's banking details. This is why you should use this route with utmost care. Some of them may even ask you to register with them before working on projects. The most important watch out in such projects is to stay away from websites offering money that appears too good to be true. Be careful while evaluating the reputation of the website as many of them could be a scam. Most sites promote businesses showing copies of cheque payments which may have been given to the middlemen only.
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