10 Ways to Earn Money Online From Home
Can you make money at home? Is the Internet a money-making tool?
10:43 01 June 2020
In essence, there are many ways you can make money using the Internet. The methods listed in this article are both feasible and are able to earn you a fair amount of money. There are many promising ways to make money at home that turn out to be a scam or incredibly low paid. Some of these less-desirable methods are covered in the conclusion.
1 - Data Entry and Data Scraping
Speaking of freelance work, you can easily find data-entry and data-scraping work if you use freelancing websites. On the plus side, the jobs are easy to get. On the downside, they are boring and are often poorly paid. If you would like to push your clients for a better price, then have Resumeble.com write you a brand new resume so that clients can see your level of experience and expertise.
2 - Mine for Cryptocurrency
You can mine from your personal computer, but it is very slow and you will have a hard time. If you have the technical skill, you can buy and set up a cryptocurrency miner. It ticks away as it soaks up your Internet and returns cryptocurrency into your account. You may then sell the cryptocurrency for fiat currency at a legitimate exchange.
3 - Become a Graphic Designer or Accountant
If you have accountancy qualifications or graphic design qualifications, then set up a website, get whatever permits, licenses or insurance you require. Tell the government you are going self-employed and become a freelance graphic designer or accountant. Getting clients is tricky at first, but the money is good.
4 - Sell on eBay and/or Amazon
Start by selling your second-hand stuff, and then maybe move onto making your own stuff and selling it. There are also some people who buy bulk batches on eBay, and then sell each item in the bundle for a profit. It is a lot of hassle but is a legitimate way of making money online.
5 - Invest in the Stock Market or Cryptocurrency
Got any spare cash? You can invest your money into shares or into cryptocurrency. Your money is at risk, but it is possible to make a lot of money in a short space of time, and you can do it online too. There is no need to leave the house, and in many case you do not even need to call a broker because it is all done online.
6 - Sell Your Photos
If you are able to take high-resolution and high quality images, then you should try selling them on an online marketplace. The best one so far is ShutterStock, but there are plenty of other less popular sites you can try too.
7 - Join a Freelancing Website and Start Writing Papers for Students
Being a freelance writer is pretty darn low paid...unless you are writing papers for students. High School assignments start at around $2 per 100 words, all the way up to PHD levels that pay as much as $65 per 275 words. PeoplePerHour is a pretty good freelance website, followed by Freelancer.com. Stay away from Upwork because it costs more than it pays, and there are too many trolls on Fiverr to warrant your time or effort.
8 - Join a Peer-to-peer Lending Service
If you have spare cash, then invest it into a peer-to-peer lending scheme. You can get back around 1%+ for as little as a two-year investment in some cases. RateSetter has a good reputation, and Zopa is slowly proving itself since it was created.
9 - Sell Your Story to Online Magazines
It used to be that you could write and sell your real-life stories to paper magazines for around $25 and $50 at a time. These days, there are online magazines, and they do not pay as much. Nevertheless, if you find a heavily syndicated online magazine, they will pay around $20 for your story and much more ($250+) if you have photos or video as proof.
10 - Become a Cartoonist
Why are cartoonists required these days? There are many reasons, from novelists to brand managers, cartoons and artistry are still in demand. You have to remember that many scenarios cannot be photographed, so they need to be drawn. For example, if your book calls for an angel with black wings to land on the spire of a church, it is going to be cheaper to have it drawn rather than have it staged, photographed and photo-shopped.
Conclusion - What Not To Do
There are many things you shouldn't do to make money online, but here are the most common scams. Do not fill out surveys, you will never be paid. Do not take off your clothes or make adult content to earn donations because you will earn nothing. Paid-for searching, video views, and website views will never pay you, and even if they do, the money you earn is pitiful. Also, you can spend all day entering competitions, but the most you will win is a discount-with-purchase code that has no resale value.
About author: Ava Williams is a career development specialist. She is interested in traveling, online learning and courses, and the job industry. Ava enjoys writing on education, career, and blogging tendencies. Find out more about Ava’s work by visiting her career blog. You can also follow her on Twitter and LinkedIn.