20 ways to earn money online
I have been a financial advisor and entrepreneur for many years, and have been very successful along the way. In the days when I get a great day of leadership or one of my ideas works well, it’s hard not to just completely be proud.
Still, none of my previous successes compared to the first day I made $ 100 online in 24 hours. Something about getting a $ 100 check from Google just blew me away - even though I was earning more than six bucks in my career.
Now that you know my backstory, it's time to dig into some of the ways you can start earning income or working online. If you're interested in making money online and in your spare time, here are 21 ways you can earn $ 100 or more a day:
# 1: Google Adsense
When I started my blog, I faced many limitations as a financial advisor. As a result, one of the ways I can make money right away is to use Google Adsense. With this payout strategy, you just sign up and Google will give you a code that you can copy and paste into your website. From there, Google stays and gets paid whenever someone clicks on your ads and / or makes a purchase.
When I finally installed Google Adsense on my website, I was able to get my first $ 100 payment in three months. This is really good, but a lot of people have asked me how much money I made with Adsense in the beginning.
You should know that, as a financial advisor, most of the ads on my website are for well-paid financial products. If your blog is in a different niche like food or fashion, it may take you a long time for your ads to pay for your first $ 100 check.
# 2: Text Links
The second way I made $ 100 in the beginning was text links. If you are wondering what the text links are, check out any article on the web and you will see bold words that you can click to take you to another web page.
While I may not have noticed for a while, there are a ton of companies willing to pay $ 100, $ 200, and even $ 1,000 or more to connect from your website to theirs. But I was badly offended when a few companies could pay me $ 100 or more just by posting a link to one of my blog posts.
Unfortunately, I eventually learned that selling text links is against Google's terms and conditions. If you do this consistently, your website will last longer.
For that reason, selling text links is not a good long-term strategy for making money. You can do it from time to time without any negative impact, but you will live with regret if you become greedy and overreact.
# 3: Sponsored Post
With sponsored posts, the company pays you to talk about their product or service on their website. When I started making $ 100 to $ 200 for each sponsored post I made on Good Financial Cents, I kept increasing my prices over time.
How much do you earn? Blogger Alexis Schroeder of FITFinancials says he usually earns $ 3,000 a month in sponsored posts. However, some high-traffic blogs can easily earn $ 20,000 per sponsored post or more.
If you plan to make a sponsored post, I recommend that you only work with companies you believe in and feel good about yourself. If you promote anything and everything other than making sure it matches your values, you will probably not gain much trust from your readers. Over time, this could jeopardize your efforts to grow your website in addition to revenue from sponsored posts.
# 4: Affiliate Marketing
Affiliate marketing is one of the most profitable ways to make money online. When I was able to add relevant links to my website, I was looking at the big money I was earning in a few weeks!
In the financial planning niche, contacts include companies such as online brokerages, online banks and financial tools. These types of companies pay very good money if you are willing to advertise yourself.
While the type of partners you work with will vary depending on the niche you are in, keep in mind that some companies will pay you up to $ 100 per conversion. It is not too difficult to start earning real money with that kind of return on your own time.
If you don't believe me, check out Making Sense of Cents. Michelle Schroeder-Gardner is the entrepreneur behind this blog, and is the founder of a course called Making Sense of Affiliate Marketing. Through her website and marketing courses, Michelle regularly earns more than $ 100,000 a month. No, that is not a storm.
# 5: Show ads
Display ads are very similar to Google Adsense except that the reader does not have to click on the ad to monetize. Think of display ads as billboards on your website instead of on the sidewalk.
With display ads, you get paid based on the number of your ads being viewed no matter what. For that reason, these ads will work better for you as traffic to your website grows over time.
# 6: Independent Writing
Private writing is another way to earn money online if you are not worried about earning some of your money for an active job. Another benefit of freelance writing is that you can get exposure by writing to major websites.
One of the websites I wrote for paid me $ 150 for each article. This was not a lot of money, but I used this opportunity to improve my writing skills and get my name out there. I don't write much for other people, but I know many freelance writers who earn $ 250, $ 500, and even $ 1,000 or more per article.
Some freelance writers I know earn even six or more figures to write home every year. This includes blogger Holly Johnson, who earns more than $ 200,000 a year by writing articles for other websites. Johnson also offers a lesson to explore if you want to become an independent writer but need some help to get started.
# 7: Finding New Customers for Your Business
When I started my blog, I thought of my website as a marketing tool to get new clients through my financial practice planning. This strategy has worked well because my online presence has helped me build authority and reach out to people I may not otherwise have reached.
If you have a service business of any kind, I would totally recommend starting a blog or building an online presence that you can use to find new clients. This can help you build a foundation for your client as I did, and it’s a lot more fun than calling cold or holding boring conferences.
# 8: Training
If you have experience in a particular field, you can also use the Internet to build a training business. This is something that happened by accident to me. As I built my blog and my product, a lot of people started helping me learn how to do it and how to apply those ideas to their business. While at first I offered free advice because I enjoyed it, I eventually started charging consultation fees.
How much you earn depends on the type of niche you end up in. According to the latest figures, top coaches make about $ 325 per hour and business coaches make more than $ 235 per hour. Health coaches, on the other hand, can afford to charge about $ 160 per hour.
If you are an expert in your field and people are constantly asking to “choose your brain,” you should start charging people. Your time is important as well as your advice!
# 9: Sales Leads
When I was a few years old at Good Financial Cents, I started a second website called Jeff's Life Insurance. When we first started this website to build our tracks, we came to a point where we had too many guidelines that we could not manage on our own.
Eventually, I found out that a few insurance companies were willing to pay for the leads made through my website. These companies would pay between $ 35 to $ 100 for each, which is ridiculous. This opened my eyes a lot because I didn’t know this could happen.
And be aware that it is not just life insurance companies that are willing to pay for leads. There are a ton of different methods and production strategies out there, so make sure you look at every opportunity.
# 10: Digital Products
There are all kinds of digital products out there, but there is always room for more. I have a few of my own!
If you sign up for my free My 1K Challenge where I show you how to start a blog and make your first $ 1,000, for example, I have a $ 7 upgrade that includes some PDFs and a post-video video. While $ 7 doesn't sound like a lot of money, this one product still helps me earn another $ 1,500 to $ 2,000 a month in less!
Another example of digital products is the world wide print. Many online entrepreneurs produce digital products that their customers can print at home, and they often make the bank do it. While many bloggers have their own printable budget templates, diet plans, or checklists, you can also find examples at Etsy.com.
# 11: Online courses
I've talked about my digital products before, but remember that you can make almost any digital product on your own. It could be a PDF, a video series, or a tutorial - anything you think fits your business model. Always know that you have to deliver goods and make sure your product is of the highest quality. If you sell jewelry just to make money, you will lose street credit very quickly.
What I wrote I wrote about how much you really make YouTubers, I shared that some YouTube stars have their lessons. For example, the famous YouTuber Graham Stephan earns a ton of money by selling real estate courses through his Real Estate Agent Academy. How do you earn so much? Her studies start at $ 497 each. This is just one example, but there are many more.
# 12: Investment Profits
Like anyone there, you can set up an online brokerage account and buy ETFs or shares. I was able to make at least $ 100 a day with my long-term investments, and this income is one of my favorite things as I do nothing.
Keep in mind that it is more important to have a traditional investment than an online business that can help you save money. Just open an account with Scottrade, TD Ameritrade, or another online brokerage and you will be able to travel.
There are so many ways to invest online these days that there is no reason not to make it a reality. I'm tired of excuses, so start investing your money to grow long-term wealth today. #RantOver
# 13: Peer-to-peer lending
I've been making money through peer lending for a long time. With websites like Lending Club, borrowers and investors can link profitable financial transactions. On the investment side, you can invest in loans that are available to most people who need to borrow money across the United States. Reimbursements are often high on these loans, and you can use these platforms to make more money for yourself while helping someone get out.
What peer-to-peer lending platforms should you sign up for? David Galland of Gallan Research dove delved into all the options over the past few years. Finally, he said the best peer forums for investors were Lending Club, Prosper, Upstart, and Funding Circle.
