Category - easy ways to make money online

Extra Income Ideas From Home 2020

Extra Income Ideas From Home 2020

While we all have some extra time, it often doesn’t feel like it. But it also doesn’t take too much effort to make some extra dough on the side. We’re not talking about millions upon millions here — we’re mostly talking about doing small, bite-sized projects to generate some fast cash.

1. Create online courses.

Take whatever skill you have and find a way to build a course around it. Use sites like Udemy, Ankur Nagpal’s, Teachable or Jonathan Cronstedt’s Kajabi to build those courses then begin marketing.

2. Affiliate marketing

You can find affiliate marketing offers on sites like ClickBank, CJ.com and Rakuten LinkShare, amongst many others. Search for the right offer and ensure that you present it to the right audience and don’t spam people about it. Do your marketing ethically.

3. Create webinars

Webinars follow a specific template and format. They’re formulaic. If you can master that formula, you can quite literally dominate in this space. Find a great business idea or opportunity that you can sell that delivers massive amounts of value.

4. Build a side hustle business

While you could launch a regular business selling someone else’s products, you could also invent your own product. While businesses based on inventions might seem more complex to create, they do present attractive investment opportunities as depicted on popular shows like Shark Tank.

5. Start a blog

Blogs are quite possibly one of the best ways to earn a passive income, even while traveling the world. While starting a blog might be simple you will need to put in the work and the effort in order to reap the benefits. Plant the seeds now to enjoy the harvest later.

6. Launch an ecommerce site

While Amazon takes the lion’s share, consumers are buying by the droves when they can scoop up great offers. In fact, some of the leading online marketers like Neil Patel, Frank Kern, Dean Graziosi, David Sharpe, John Reese and many others, are using free-plus-shipping ecommerce and book funnels to make small fortunes.

7. Online tutoring

Websites like Skooli, Tutor Me and Tutor.com provide resources for entering into the online tutoring space. While you don’t need to use a platform like these, they provide a lower friction entry point into the market. You could also search for online tutoring gigs on a variety of other sites like Upwork, Freelancer and many more.

8. Trade cryptocurrency

While cryptocurrency is still relatively new, it will ultimately become the standard. Bitcoin and Etherium might be the primary cryptocurrency platforms today, but the US Dollar will eventually become the Digital Dollar by leveraging the blockchain. You can take advantage of the current boom in cryptocurrency by trading it through platforms like eToro and Kraken, amongst many others.

7 Proven Ways To Make Real Money Online In 2020

7 Proven Ways To Make Real Money Online In 2020

There are different ways to make real money online. In the past years, we have tried most of these money making methods. While some are seasonal, a few of them are evergreen, being able to constantly put money in our wallets at all times.

1. Open an online store.

Platforms like Shopify make it easy for you and me – people without any retail experience – to open an online store and sell physical or digital products. If you’ve already got a blog with decent traffic and loyal readers, you might want to use EDD plugin if using WordPress.

2. Use your website like a job application.

Freelancing is hardly a new thing, but I see so many freelancers spending most of their time trying to find work instead of actually working! A system I stumbled into (that’s been very effective) is using my website like an application. I write publicly – for sites like ShoutMeLoud – and share how to reach me in my bio or in the article. People read these articles, and then go to my website.

3. Live stream for cash.

If you’re already active online – especially if you’ve ever live-streamed or shared videos of yourself – Peeks might be a great option for you. You can live stream advice, expertise, events, entertainment, and more, and people will pay you for it! As with your blog, Facebook page, or anything else, you’ll want to encourage current friends and followers to keep up with you on Peeks.

4. Review apps and websites.

Brands want to make sure their products create great user experiences, and they need real people like you and me to help them. Use a platform like UserTesting and get paid to share your thoughts as you navigate websites and other digital products.

5. Consult online daters.

It’s a mix of those trying to find lifelong companionship and those trying to find… something more short-term. Either way, there’s a huge market for writing effective profiles. And people are often willing to pay you to make sure that short profile represents them well.

6. Become an Online Coach

You can use online services such as Thinkific, Kajabi, or Teachable to launch your online course. For WordPress, you should look at membership software & plugins to launch your course. One of them is Learndash which is a popular solution for launching your video-based membership site.

7. Affiliate Marketing

The product owner does all the hard work (before and after sales), and all you do is drive traffic to it and earn commissions from sales. In most cases, the author goes as far as providing the promotions materials (banners, PPC Keywords, Articles, etc.) for affiliates to simply copy and paste.

Extra Income Ideas 2020

Extra Income Ideas 2020

Passive income is money you can earn on a recurring basis from doing little to no work. Unlike active income, where the more you work, the more you earn, passive income has an initial level of work or money up front, then has a flat return after that without the same level of work going into it.

1. Invest in Real Estate Properties

The cost to invest in real estate can get high. But there are new options to invest in real estate besides buying physical properties or investing in REITs. Now you can use crowdfunding to become a partial investor in a much larger real estate deal. To invest in crowdfunded real estate, you can look into sites such as Realty Mogul and Fundrise.

2. Invest in Dividend-Paying Stocks

Most stocks that pay dividends are the sexiest investments, but they generate passive income. In most cases, your broker will encourage you to re-invest your dividends but you have the option of having your dividends dumped into your account for withdrawal. Ally Invest: Best for new investors, TD Ameritrade: Ideal for more experienced traders and E*TRADE: Great for any investment style.

3. Loan Money via Peer-to-Peer Lending

Peer-to-peer (or P2P) lending became popular about 14 years ago when Prosper first came onto the scene. It marketed itself as a way to borrow money without having to go to a bank. Instead, you can borrow money from someone else–who will loan it to you at a competitive rate.

4. Sell Your Photography as Stock Photos

If you’re one of the millions of people who love photography as a hobby, you can quickly turn it into passive income by selling your photos as stock photos. Instead of setting up a tent at a local art fair, hoping someone will buy one of your glorious photos of Ireland, you can turn it into a profit with sites like iStock Photo and Getty Images.

5. Write and Self-Publish a Book

Many people recommend starting a blog as a way to earn passive income. I don’t agree with that approach, as it can take a long time (and a lot of money) to build and grow a blog from the ground up (more on this below if you have an established blog). Instead, you might consider writing and self-publishing your own book.

6. Rent Your Home Out with Airbnb

Whether you have a rental home on the beach, a home that you aren’t at all the time, or just a vacant room in your home, you can rent it out on sites like Airbnb and VRBO. Now, this comes with a little more work and isn’t entirely “passive” all the time, but it can be if you set yourself up correctly.

7. Sell Products on Etsy

There are now two ways to sell on Etsy–physical and digital products. With physical products, you can either create something unique such as jewelry or buy and resell something–for example, vintage clothing. Etsy has been a great marketplace for a long time, helping creative people sell their goods. The problem is, selling physical products isn’t exactly passive income.

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