Etsy: While Etsy's popularity has declined recently, it's still a great resource for selling handmade items online. No need for complex ecommerce sites or merchant accounts or any sort of automation. The company takes a commission of every sale and charges a small listing fee per item. But many still use Etsy as their primary source of income. The best part is that you can also sell digital products on here such as poster designs.
Participate in medical studies. If just the thought of this frightens you, know that the intensity of such studies varies greatly. Some studies ask participants (particularly those with medical conditions) to test treatments or medications that can have adverse side effects, but others ask participants to perform physical tasks with no lasting effects. If you are able-bodied and paranoid about keeping it that way, you can even participate as a control in a study at a nearby medical research facility or medical school.
Sell photos. If you have a decent camera and a good sense of light, color, and composition, you can take and sell stock photos – i.e. nondescript images that lend themselves to many applications and are commonly used to illustrate online articles or products – with minimal effort. Stock photos of locations (a fire hydrant, a bare wall near an interesting tree, or anything you might find as a default background image on your computer) are easier to take, but stock photos of people (i.e. people arguing, people kissing, people laughing) usually sell for more, as they have more uses and require the written legal consent of your subjects. Hunt for a reputable stock photo dealer or database that will pay you fairly before signing on with anyone.
Set up an account on Rover.com. Enjoy furry company once in a while? These days, many professional pet-sitters set up an account on Rover.com. With Rover.com, you can reach people in your area who are actively looking for someone to watch their dogs, cats, hamsters, or turtles, either in their home or your own. You can set your own rules and schedule and come up with your own pricing through the Rover.com pet-sitting platform.
Last but not least, you can also earn money online by building an online community, although the monetization strategies you can pursue will vary a lot depending on your goals. You can build a community with a blog, for example. You can also build an online forum and charge people for membership. You could even build up a Facebook group and use your influence there to sell and promote products.
“I dreamed of creating a community that empowered people and gave them the tools to achieve their dreams. At the time, I felt unfulfilled and unhappy with my job and life, so TNC rapidly became my after-work obsession...I am crazy about helping others find that same “something” in their lives. Whether it be sharing all of my lessons learned so you can grow the biz of your dreams or reminding you why you’re ready, even when you think you’re not, I hope TNC unlocks something BIG deep inside you.”
The second step is to get your web hosting. There are a lot of hosting companies out there, and Bluehost seems to be one of the best. Hosting starts at around $2.95 a month. It’ll most likely cost you around $60 a year, which is really good deal! If you pay for more than one year at a time, you also get a free domain through Bluehost if you buy through my link.
Once people find your blog, they are going to want to come back and read the next thing you have to share. Now, if the next thing that you want to write about is three months later, they are going to forget about you. If the next thing that you want to write about is just a poorly written article, that just doesn't connect with your people anymore, your customer avatar, etc. Your audience is going to leave and not come back.
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.
Whether you want to become your own boss, start a side hustle, or earn extra money on the side, any of the strategies listed above can help. By finding ways to increase your income, you can free up more cash to pay down debt, save for the future, or invest for retirement. Saving money is only half of the equation. And if you truly want to get ahead, you might want to figure out how to make money – and hopefully, lots of it.
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Housing bubble-era mortgage loans were especially attractive to subprime borrowers with little demonstrable income or assets, and lenders were only too happy to accommodate them. Hedge funds employ tremendous borrowing, which is needed to achieve the superior returns needed to justify high fees for investors. Private equity funds also use heavy borrowing, typically loading the corporations they take private and clean up with heavy debt and using the proceeds to pay dividends to their investors.
For those with a large Twitter following, you can make money from your Tweets alone with Sponsored Tweets. You could be paid for sharing a business’s information, recommending restaurants or hotels, or tweeting pictures of you using or wearing products. As with all sponsored posts on social media, businesses will only be prepared to pay you to Tweet if you have a large following that you can influence. So work hard on building up a loyal fan base.
How much will you make? I think my best month with Google AdSense was almost $5,000 over the last ten years. That amazing month blew my mind since it was actually near the beginning of my blogging journey. When you go from making zero to $5,000 in a month, that will rock your world. For me, it also got me even more excited because I knew there were other ways to monetize.