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24 Tried and Tested Methods to Make Money Online
Written by Marko Kulundzic
Written on 14 Feb, 22
Updated on 09 Jul, 23

24 Tried and Tested Methods to Make Money Online

Find out how to make money online with 24 proven methods that can change your financial future.

If you're looking for ways to make money online, you've come to the right place. In today's digital age, making extra cash from home has never been easier. With our guide to the top 24 tried and tested methods, you'll have plenty of options to choose from. Whether you want to start a blog, sell your skills as a freelancer, or make money through affiliate marketing, we've got you covered. 

The best part? You can work from anywhere in the world and say goodbye to the traditional 9-5 routine. So keep reading to find out how you can make money online using a method that works the best for you.

Offering Freelancing Services

Freelancing can be a game-changer that allows you to take control of your career, and work on your own terms, as it offers great flexibility, autonomy, and earning potential. To get started, identify what are your skills and passions, and a way how to monetize them.

Make sure to select a niche that aligns with your skill level, your interests, and of course - the one which is in high demand in the market. You'll need to build a strong portfolio that showcases your work, highlights your skill level, and provides strong social proof of your expertise.

You'll also need to set competitive and realistic pricing rates that reflect your experience and expertise. Finally, you can choose between either registering on freelancing platforms or promoting your services through social media, networking, or forums. Over time, you'll be able to establish a strong personal brand, build credibility and increase your hourly rate or fixed pricing.

Time required to start earningDepending on your expertise level, it can take a while before landing the first gig.
Start-up timeLess than a day.
Difficulty levelDepends on your experience and expertise levels; the more skilled you are, the easier is to begin.
General Requirements/InfoYou’ll need to be at least 18 years old if you wish to register on nearly all freelancing platforms. 
A freelancer doing graphic design

Making Vlogs

Creating vlogs can be a great source of income, and with the right strategy, it can be both fun and rewarding. Although vlogging is oversaturated, you can always find some specific niche that resonates with you and your audience. Then, you can choose a platform on which you'd like to upload your content. Building an audience takes time, so keep in mind that it will take a while for you to build a community.

Once you have a following, you can monetize your content through advertising revenue, sponsorships, affiliate marketing, or merchandise sales. After you've built your audience, you can collaborate with brands, expand your reach with cross-promotions, and diversify your content offerings. With hard work, creativity, and patience, vlogging can become a lucrative business venture.

Time required to start earningIt’s going to take a while before earning, as it’s determined by multiple factors; most importantly, by the number of views
Start-up timeIt takes a long time - you’ll need to set up the equipment, record the videos, edit them, upload them, and much more.
Difficulty levelDifficult, especially since vlogging is oversaturated
General Requirements/InfoRequires investing in equipment, as well as technical knowledge, and making videos that stand out from the rest
A vlogger making video

Dropshipping Business

Dropshipping is a retail business model where the seller does not keep inventory but instead purchases items from third-party suppliers who ship directly to the customer. Unlike traditional retail businesses, dropshipping has minimal overhead costs and enables entrepreneurs to start with fewer resources and lower risks. 

For start, it's important to find a product that belongs to a profitable niche and select a suitable platform to sell it on. Afterward, it's crucial to select high-quality products and sell them for a reasonable price, in order to stand out at first. To promote the products, it's important to develop a marketing strategy, such as social media campaigns, SEO, and even influencer marketing. 

Time required to start earningAt least one year to build a full-time income, depending on how successful the business is
Start-up timeLess than one month
Difficulty levelRelatively simple
General Requirements/InfoYou’ll need to find a supplier, build an e-commerce store, and do marketing

Taking Online Surveys

Online surveys allow people to earn money from home by sharing their opinions on various products and services. Companies use online surveys to gather consumer insights, and in exchange, reward users. If you're interested in trying out the surveys, you can do so right here on Freecash! We offer numerous surveys for everyone, and signing up is completely free.

Completing surveys will award you with Freecash coins, which you can exchange for money, gift cards, and even cryptocurrencies! To make the best out of surveys, the best thing you can do is be honest with your responses, as some platforms may disqualify you for false responses. In addition, make sure to fill out the surveys promptly, and try out multiple offers on our platform.

Time required to start earningSome platforms allow instant withdrawals
Start-up timeA matter of minutes - you can usually begin right after you register on a GPT platform
Difficulty levelUsually very user-friendly and simple
General Requirements/InfoRequires answering surveys with honesty, to prevent being disqualified

Starting a Blog

Blogging can be an excellent way to turn your hobby or passion into a full-time job and career. Depending on the niche and effort you're willing to put in, the earning potential can be huge. Before beginning, you'll need to figure out your niche, as well as ask yourself whether it's profitable. To start earning money from your blog, you'll need to attract a loyal readership, which you can do using marketing strategies. But above all, you can do it by creating engaging content that will attract new readers. 

There are multiple ways to monetize your blog, such as using affiliate marketing, sponsored posts, advertising, and digital products. 

Time required to start earningMore than one year to start earning, with constant work and the right approach
Start-up timeLess than an hour to start a blog, it takes much more for writing and other stuff
Difficulty levelRelatively simple, it gets more challenging for those who wish to earn a lot from a blog
General Requirements/InfoRequires investing money, effort, and time

Writing an eBook

Earning income through eBook writing and publishing has become an increasingly popular option for writers seeking to build their careers. Self-published authors are able to earn up to 70% of royalties on sales, making it a highly profitable venture. By honing in on a specific niche and conducting thorough research to develop compelling content, authors increase the likelihood of reaching a wide audience. 

Utilizing social media, email marketing, and paid advertising can also significantly boost visibility and sales. Whether your niche is self-help or romance, the potential for success through eBook writing and publishing is vast. With determination and hard work, building a career through eBook writing and publishing is an attainable goal for writers.

Time required to start earningUnder the right circumstances, you can start earning as soon as you publish your eBook
Start-up timeUp to four days for the book to get published
Difficulty levelRelatively simple to publish your eBook
General Requirements/InfoPromoting your eBook is the key to success

Developing and Selling an App

Creating and launching a mobile application is a great way to earn money online. To do so, you can either utilize your coding skills or invest money and hire a developer to create the app for you. Once the app has been designed, tested, and launched on the app store, you can earn money in various ways such as through in-app purchases, subscriptions, or advertising. It's important to market and promote the app to attract users, using social media, paid advertising, and optimization strategies. It's crucial to continually update and improve the app based on user feedback and trends, so this is an ongoing work.

Time required to start earningUsually a couple of months, under the right circumstances (a good user base, marketing budget, etc.)
Start-up timeCouple of months for a profitable app
Difficulty levelVery difficult
General Requirements/InfoRequires testing before releasing, meaning it will take more time before profiting

Doing Online Tutoring

Online tutoring is a great way to earn money from the comfort of your own home while making a difference in someone's life. To become an online tutor, you must have the relevant qualifications, experience, and subject matter expertise. This job offers the flexibility of choosing your own working hours, which is great for those who have busy schedules or commitments - and it can be a side job as well.

To start, register with online tutoring websites, social media platforms, and freelance job boards. These platforms have a wide range of tutoring opportunities available, which will allow you to showcase your expertise. Create a tutoring profile that showcases your relevant experience and qualifications, and set competitive rates. Remember that positive reviews and feedback from students are crucial in building a strong reputation, which can lead to more opportunities and increased earnings. 

Time required to start earningDepending on how fast you land your first gig
Start-up timeRelatively fast
Difficulty levelMedium difficulty; depending on the subject being taught to students
General Requirements/InfoRequires equipment such as a webcam, microphone, and setting up a classroom
Online Tutoring

Sharing Your Social Media Expertise

In today's digital age, social media platforms offer vast opportunities for individuals to monetize their expertise and make money online. Many companies and individuals are seeking social media experts to help them reach out to more audiences, and this is where you can leverage your social media skills. This job consists mostly of creating high-quality and engaging posts which attract followers, but it goes way deeper than that. 

Another approach is to use your social media expertise for yourself, which you can do by selling digital products, offering online courses or coaching services, or even leveraging your influence to secure sponsored partnerships. With dedication, strategic planning, and a strong social media presence, you can turn your expertise into a lucrative online income stream.

Time required to start earningDepending on how fast you’ll find your client
Start-up timeDepending on whether you already have sufficient skill level or not
Difficulty levelIt can be quite challenging, as some clients will have high demands
General Requirements/InfoRequires portfolio and at bare minimum certifications of completed courses

Testing Websites

Website testing is another great way to earn money. Testing ensures a seamless user experience, which is vital for the success of a website. There are different types of testing, including usability testing, functionality testing, and cross-browser compatibility testing. By identifying and addressing any issues, you help businesses provide an optimal experience to their users. In terms of testing tools, options like Selenium and Google PageSpeed Insights can help you perform thorough assessments.

Time required to start earningDepending on the platform, payouts are usually weekly, sometimes even monthly
Start-up timeVery fast, requires registering on a platform
Difficulty levelSimple, but repetitive and requires attention to details
General Requirements/InfoYou will need a device such as PC or Laptop that meets the certain requirements

Investing

Investing involves putting your money into an asset with the expectation of generating returns over time. To get started, consider setting up an account with a reputable online trading platform, such as Robinhood or E*TRADE. It's also a good idea to consult with a financial advisor to determine your risk tolerance and investment goals. Note that investing comes with both risks and benefits. While it can potentially yield high returns, there's also a chance of losing your investment. It's important to do your research and due diligence before making any investment decisions.

Time required to start earningFrom six months to more than a year
Start-up timeVery fast
Difficulty levelQuite simple, even for beginners
General Requirements/InfoThis can be a risky venture; profit is not guaranteed

Selling Your Photographs

Online platforms that allow photographers to sell their work have gained a lot of popularity in recent years. These platforms include stock photo sites, print-on-demand services, and marketplaces, among others. 

When deciding where to sell their photos, there are a few factors to consider, like pricing, licensing, exclusivity, etc. Photographers should also research online platforms that cater to the specific niche of photography they are proficient in, as this can increase their visibility and sales potential. 

One of the main benefits of selling photos online is that it generates passive income, where the photographer can earn money long after they have initially taken the photo. Additionally, it gives photographers exposure and a chance to connect with a global audience, which increases their chances of getting more photo assignments, leading to more income.

Time required to start earningDepends on various factors; from the quality of your photos to the platform where you’re selling them; there’s no specific time
Start-up timeVery fast - requires setting up a profile on a platform, uploading photos, and setting up the payment details
Difficulty levelDifficult, due to the very high competition
General Requirements/InfoRequires a lot of skills, including the photo editing skills
Photographer taking pictures

Becoming an Online Translator

Making money as an online translator is a great opportunity with increasing demand in the globalized world that we are living in today. Online translators can work remotely and select their own preferred working hours. There are various opportunities to monetize translation skills, including freelance platforms, translation agencies, or setting up a personal translation business. Experienced and specialized translators with strong language proficiency have the potential to earn a competitive income. 

To increase the chance of success, it's important to continuously develop language proficiency, create a strong portfolio, and network with other translators.

Time required to start earningDepending on whether you’re using a platform to find a job, or you’re working without a third-party
Start-up timeDepending on your portfolio and experience level, it can be very fast
Difficulty levelCan be difficult due to high competition
General Requirements/InfoRequires proof of having language proficiency, such as academic papers, a college diploma, etc.

Creating a Podcast

Podcasting offers numerous benefits, allowing individuals to share their expertise, stories, or interests with a global audience and build a loyal following. Monetizing your podcast is possible through various strategies such as sponsorships, advertisements, and affiliate marketing. Creating valuable and engaging content is crucial for attracting potential sponsors and advertisers.

Additionally, selling merchandise or offering premium content or subscriptions to loyal listeners can generate revenue. With the increasing popularity of podcasts and the booming online audio industry, now is the perfect time to start your podcasting journey and seize the opportunity to earn money while doing what you love.

Time required to start earningSix to twelve months
Start-up timeIt can take a while - requires setting up equipment, recording and editing a podcast, uploading it online, etc.
Difficulty levelEasy to begin, but difficult to earn a decent amount of money from it
General Requirements/InfoRequires investing in high-quality equipment, technical knowledge, hosting provider, and consistency in uploading episodes
Recording a podcast

Selling Your Wares on Etsy

Selling on Etsy is a great opportunity to monetize your creativity and craftsmanship. Etsy is a popular e-commerce platform that caters to a global audience and specializes in unique, handmade, and vintage items made by independent sellers. Setting up a shop on Etsy is simple and straightforward, and sellers can list their products in a matter of minutes by following the platform's guidelines. One of the main benefits of selling on Etsy is the low overhead costs, where sellers can easily operate the shop from their homes without the need for significant investments. If you have a unique product to offer, you too can join the ranks of successful Etsy entrepreneurs by taking the first step to set up your own shop today.

Time required to start earningAnywhere from a few weeks to a few months
Start-up timeVery fast
Difficulty levelMedium difficulty
General Requirements/InfoRequires designing and creating various handmade items, art, craft, DIY, or digital products.

Monetizing Your Twitch Channel

Monetizing your Twitch channel can turn your hobby into a lucrative venture. Twitch offers content creators various ways to earn money, even if you're not a technical expert. The three main methods of monetization on Twitch include ad revenue, channel subscriptions, and donations. Furthermore, you can select between numerous categories; from gaming to music, and stream what you're best at.

The way you can earn money on Twitch is through ads, which run during your streams, as well as through subscriptions, Twitch bits (virtual currency), direct donations, as well as selling merchandise or sponsorships. The key factor here is to build an audience, by offering quality and engaging streams, and being consistent.

Time required to start earningMore than a few months, with constant streaming and quality streams
Start-up timeIt can take more than a day to set up the equipment (hardware and software) and a Twitch channel
Difficulty levelVery difficult, especially for total beginners
General Requirements/InfoRequires investing in proper hardware, promotion, and 

Selling Unused Gift Cards

Selling your unused gift cards online is an easy and profitable way to declutter and put extra cash in your pocket. You can easily sell them by finding a reputable gift card marketplace or reseller, in order to ensure secure transactions. Some great examples include CardCash, Raise, ClipKard, Gameflip, and CardSell. To create a compelling listing, always make sure to submit your gift card details, as well as clear descriptions and images. Furthermore, set a competitive price and bundle multiple gift cards, making the gift card prices lower than their regular price. And lastly, make sure to answer any questions from potential customers briefly.

Time required to start earningDepending on how fast you’ll sell gift cards
Start-up timeVery fast
Difficulty levelVery easy
General Requirements/InfoRequires registering on a certain platform

Making Music

To earn money online by making music, there are several avenues you can explore. First, consider promoting your music on streaming platforms like Spotify or Apple Music, where you can earn royalties based on the number of streams your songs receive. Another option is to offer music lessons online or provide services as a session musician or producer for other artists. Lastly, you can create and sell your beats, or offer your music for movies and games.

Building a strong online presence through social media and YouTube can also attract opportunities for sponsored content, collaborations, and live-streaming performances, which can generate income through ad revenue, donations, or ticket sales. Ultimately, a combination of these strategies and constant promotion and networking can help you earn money online through your music.

Time required to start earningMore than 10 months for royalties, much less for music lessons and production
Start-up timeSeveral weeks for the music to become available on streaming platforms
Difficulty levelVery difficult
General Requirements/InfoRequires a combination of talent, dedication, and effective promotion of your work
Producing music

Becoming a Virtual Assistant

Becoming a virtual assistant is an increasingly popular option for earning money online. Virtual assistants provide services to clients such as administrative duties, social media management, or customer service. The job requires effective communication, organization, and time management. The benefits of being a virtual assistant include flexibility and the ability to work remotely. You can look for work opportunities on popular platforms like Upwork and Fiverr. Success depends on having a strong portfolio, networking, and continuously improving your skills. With dedication and hard work, becoming a virtual assistant can be a lucrative online career.

Time required to start earningAnywhere from a few days to a few months
Start-up timeDepending on your experience and expertise, relatively fast
Difficulty levelDepending on the task, it can be simple or difficult. 
General Requirements/InfoRequires various skills; from communication, technical, and research, to personal skills, as well as equipment and tools.

Sharing Your Internet Bandwidth

Monetizing your internet bandwidth can be a smart way to earn extra income. By sharing your unused internet data, you can tap into a growing market of users looking for reliable and affordable connectivity. Several platforms and services, such as Pawns, Honeygain, and PacketStream, allow individuals to sell or lease their idle bandwidth, turning it into a passive income stream. Earning potential can vary based on factors such as location and the platform used. However, it's important to consider potential concerns, such as security and privacy.

Time required to start earningA long time to earn a decent amount of money
Start-up timeVery quick
Difficulty levelVery simple and user-friendly
General Requirements/InfoRequires registering on a certain platform and installing a software/app which must keep running

Offering Consulting Services

Online consulting services offer a convenient and lucrative way to make money. Whether you're an expert in marketing, finance, or technology, you can offer consulting services online. To attract clients, leverage social media platforms like LinkedIn to showcase your expertise and connect with potential customers. 

You can also build an email list of interested leads and send them regular newsletters with helpful insights. When setting rates, make sure to research your competitors and consider offering a free consultation to sweeten the deal and make yourself stand out. As you build a portfolio of satisfied clients, you can always ask for testimonials and referrals to strengthen your reputation, and potentially bring new clients.

Time required to start earningDepends on the client, platform, etc.
Start-up timeIt can take a while to find a first client
Difficulty levelDepending on a task, it can be very difficult
General Requirements/InfoIt’s possible to set up a consultancy in the form of a website, video lessons, etc., and generate passive income

Creating and Selling a Course

Creating and selling an online course is a great way to turn your expertise and passion into profit. First, make sure to choose a topic that has high demand and matches your interests and skills. Develop a comprehensive curriculum that addresses the needs of your audience and incorporates engaging multimedia content. 

Then, select a hosting platform such as Udemy, Teachable, or Skillshare. Market your course through social media, email, and paid ads. Continuously improve your content by taking feedback and following market trends. 

Time required to start earningDepending on how fast your course starts selling
Start-up timeRequires a lot of time for making a course, editing it, uploading it, etc.
Difficulty levelDepending on the course, it can be difficult to pass your knowledge with this approach
General Requirements/InfoYou can sell your course on multiple platforms, potentially generating extra revenue

Offering Transcription Services

Transcription involves converting audio or video recordings into written text, a process that is becoming increasingly in demand across various industries. By offering transcription services online, one can potentially earn a high income while having the flexibility to work from anywhere and take on multiple projects simultaneously. 

However, essential skills such as strong listening abilities, accuracy, and attention to detail are required to succeed in this field. Various online platforms provide transcription projects for freelancers, including transcription-focused websites and companies offering transcription services. 

Time required to start earningDepends on how fast you’ll find a client and get the job done
Start-up timeUsually quick; you’ll need to offer your services on various platforms, social media, etc.
Difficulty levelEasy, especially with the help of certain tools
General Requirements/InfoOftentimes, requires strict deadlines.

Offering Proofreading and Editing Services

Offering proofreading and editing services online can be a lucrative way to earn money on your terms. With the flexibility to work from anywhere and a high demand for these services, you can set your own schedule and control your income. Start by creating a portfolio of your work and setting competitive rates to attract clients. Platforms like Fiverr or Upwork provide a convenient way to showcase your skills and find potential clients. Remember, delivering high-quality work is key to building a positive reputation. 

Time required to start earningDepends on time requ
Start-up timeDepending on factors like skill, experience, and demand for editing and proofreading services, there’s no specific time 
Difficulty levelThe difficulty varies and is based on factors such as expertise on a subject, client's demands, etc.
General Requirements/InfoSome clients will require you to be specialized in a certain niche

FAQs

What are the easiest and most effective ways to make money online?

Some of the easiest and most effective ways to make money online include freelance writing, affiliate marketing, selling products on e-commerce platforms, and completing tasks on Freecash.

What are some common mistakes to avoid when trying to make money online?

Common mistakes to avoid when making money online include falling for scams or get-rich-quick schemes, neglecting market research, not investing enough time and effort, and not building an online presence or brand.

What are some long-term strategies for building a sustainable online income stream?

Long-term strategies for building a sustainable online income stream include building a loyal customer base, diversifying your income sources, continually improving your skills and knowledge, and adapting to changes in the online market.

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Written by Marko Kulundzic
Written on 14 Feb, 22
Updated on 09 Jul, 23

24 Tried and Tested Methods to Make Money Online

Find out how to make money online with 24 proven methods that can change your financial future.
Content table

If you're looking for ways to make money online, you've come to the right place. In today's digital age, making extra cash from home has never been easier. With our guide to the top 24 tried and tested methods, you'll have plenty of options to choose from. Whether you want to start a blog, sell your skills as a freelancer, or make money through affiliate marketing, we've got you covered. 

The best part? You can work from anywhere in the world and say goodbye to the traditional 9-5 routine. So keep reading to find out how you can make money online using a method that works the best for you.

Offering Freelancing Services

Freelancing can be a game-changer that allows you to take control of your career, and work on your own terms, as it offers great flexibility, autonomy, and earning potential. To get started, identify what are your skills and passions, and a way how to monetize them.

Make sure to select a niche that aligns with your skill level, your interests, and of course - the one which is in high demand in the market. You'll need to build a strong portfolio that showcases your work, highlights your skill level, and provides strong social proof of your expertise.

You'll also need to set competitive and realistic pricing rates that reflect your experience and expertise. Finally, you can choose between either registering on freelancing platforms or promoting your services through social media, networking, or forums. Over time, you'll be able to establish a strong personal brand, build credibility and increase your hourly rate or fixed pricing.

Time required to start earningDepending on your expertise level, it can take a while before landing the first gig.
Start-up timeLess than a day.
Difficulty levelDepends on your experience and expertise levels; the more skilled you are, the easier is to begin.
General Requirements/InfoYou’ll need to be at least 18 years old if you wish to register on nearly all freelancing platforms. 
A freelancer doing graphic design

Making Vlogs

Creating vlogs can be a great source of income, and with the right strategy, it can be both fun and rewarding. Although vlogging is oversaturated, you can always find some specific niche that resonates with you and your audience. Then, you can choose a platform on which you'd like to upload your content. Building an audience takes time, so keep in mind that it will take a while for you to build a community.

Once you have a following, you can monetize your content through advertising revenue, sponsorships, affiliate marketing, or merchandise sales. After you've built your audience, you can collaborate with brands, expand your reach with cross-promotions, and diversify your content offerings. With hard work, creativity, and patience, vlogging can become a lucrative business venture.

Time required to start earningIt’s going to take a while before earning, as it’s determined by multiple factors; most importantly, by the number of views
Start-up timeIt takes a long time - you’ll need to set up the equipment, record the videos, edit them, upload them, and much more.
Difficulty levelDifficult, especially since vlogging is oversaturated
General Requirements/InfoRequires investing in equipment, as well as technical knowledge, and making videos that stand out from the rest
A vlogger making video

Dropshipping Business

Dropshipping is a retail business model where the seller does not keep inventory but instead purchases items from third-party suppliers who ship directly to the customer. Unlike traditional retail businesses, dropshipping has minimal overhead costs and enables entrepreneurs to start with fewer resources and lower risks. 

For start, it's important to find a product that belongs to a profitable niche and select a suitable platform to sell it on. Afterward, it's crucial to select high-quality products and sell them for a reasonable price, in order to stand out at first. To promote the products, it's important to develop a marketing strategy, such as social media campaigns, SEO, and even influencer marketing. 

Time required to start earningAt least one year to build a full-time income, depending on how successful the business is
Start-up timeLess than one month
Difficulty levelRelatively simple
General Requirements/InfoYou’ll need to find a supplier, build an e-commerce store, and do marketing

Taking Online Surveys

Online surveys allow people to earn money from home by sharing their opinions on various products and services. Companies use online surveys to gather consumer insights, and in exchange, reward users. If you're interested in trying out the surveys, you can do so right here on Freecash! We offer numerous surveys for everyone, and signing up is completely free.

Completing surveys will award you with Freecash coins, which you can exchange for money, gift cards, and even cryptocurrencies! To make the best out of surveys, the best thing you can do is be honest with your responses, as some platforms may disqualify you for false responses. In addition, make sure to fill out the surveys promptly, and try out multiple offers on our platform.

Time required to start earningSome platforms allow instant withdrawals
Start-up timeA matter of minutes - you can usually begin right after you register on a GPT platform
Difficulty levelUsually very user-friendly and simple
General Requirements/InfoRequires answering surveys with honesty, to prevent being disqualified

Starting a Blog

Blogging can be an excellent way to turn your hobby or passion into a full-time job and career. Depending on the niche and effort you're willing to put in, the earning potential can be huge. Before beginning, you'll need to figure out your niche, as well as ask yourself whether it's profitable. To start earning money from your blog, you'll need to attract a loyal readership, which you can do using marketing strategies. But above all, you can do it by creating engaging content that will attract new readers. 

There are multiple ways to monetize your blog, such as using affiliate marketing, sponsored posts, advertising, and digital products. 

Time required to start earningMore than one year to start earning, with constant work and the right approach
Start-up timeLess than an hour to start a blog, it takes much more for writing and other stuff
Difficulty levelRelatively simple, it gets more challenging for those who wish to earn a lot from a blog
General Requirements/InfoRequires investing money, effort, and time

Writing an eBook

Earning income through eBook writing and publishing has become an increasingly popular option for writers seeking to build their careers. Self-published authors are able to earn up to 70% of royalties on sales, making it a highly profitable venture. By honing in on a specific niche and conducting thorough research to develop compelling content, authors increase the likelihood of reaching a wide audience. 

Utilizing social media, email marketing, and paid advertising can also significantly boost visibility and sales. Whether your niche is self-help or romance, the potential for success through eBook writing and publishing is vast. With determination and hard work, building a career through eBook writing and publishing is an attainable goal for writers.

Time required to start earningUnder the right circumstances, you can start earning as soon as you publish your eBook
Start-up timeUp to four days for the book to get published
Difficulty levelRelatively simple to publish your eBook
General Requirements/InfoPromoting your eBook is the key to success

Developing and Selling an App

Creating and launching a mobile application is a great way to earn money online. To do so, you can either utilize your coding skills or invest money and hire a developer to create the app for you. Once the app has been designed, tested, and launched on the app store, you can earn money in various ways such as through in-app purchases, subscriptions, or advertising. It's important to market and promote the app to attract users, using social media, paid advertising, and optimization strategies. It's crucial to continually update and improve the app based on user feedback and trends, so this is an ongoing work.

Time required to start earningUsually a couple of months, under the right circumstances (a good user base, marketing budget, etc.)
Start-up timeCouple of months for a profitable app
Difficulty levelVery difficult
General Requirements/InfoRequires testing before releasing, meaning it will take more time before profiting

Doing Online Tutoring

Online tutoring is a great way to earn money from the comfort of your own home while making a difference in someone's life. To become an online tutor, you must have the relevant qualifications, experience, and subject matter expertise. This job offers the flexibility of choosing your own working hours, which is great for those who have busy schedules or commitments - and it can be a side job as well.

To start, register with online tutoring websites, social media platforms, and freelance job boards. These platforms have a wide range of tutoring opportunities available, which will allow you to showcase your expertise. Create a tutoring profile that showcases your relevant experience and qualifications, and set competitive rates. Remember that positive reviews and feedback from students are crucial in building a strong reputation, which can lead to more opportunities and increased earnings. 

Time required to start earningDepending on how fast you land your first gig
Start-up timeRelatively fast
Difficulty levelMedium difficulty; depending on the subject being taught to students
General Requirements/InfoRequires equipment such as a webcam, microphone, and setting up a classroom
Online Tutoring

Sharing Your Social Media Expertise

In today's digital age, social media platforms offer vast opportunities for individuals to monetize their expertise and make money online. Many companies and individuals are seeking social media experts to help them reach out to more audiences, and this is where you can leverage your social media skills. This job consists mostly of creating high-quality and engaging posts which attract followers, but it goes way deeper than that. 

Another approach is to use your social media expertise for yourself, which you can do by selling digital products, offering online courses or coaching services, or even leveraging your influence to secure sponsored partnerships. With dedication, strategic planning, and a strong social media presence, you can turn your expertise into a lucrative online income stream.

Time required to start earningDepending on how fast you’ll find your client
Start-up timeDepending on whether you already have sufficient skill level or not
Difficulty levelIt can be quite challenging, as some clients will have high demands
General Requirements/InfoRequires portfolio and at bare minimum certifications of completed courses

Testing Websites

Website testing is another great way to earn money. Testing ensures a seamless user experience, which is vital for the success of a website. There are different types of testing, including usability testing, functionality testing, and cross-browser compatibility testing. By identifying and addressing any issues, you help businesses provide an optimal experience to their users. In terms of testing tools, options like Selenium and Google PageSpeed Insights can help you perform thorough assessments.

Time required to start earningDepending on the platform, payouts are usually weekly, sometimes even monthly
Start-up timeVery fast, requires registering on a platform
Difficulty levelSimple, but repetitive and requires attention to details
General Requirements/InfoYou will need a device such as PC or Laptop that meets the certain requirements

Investing

Investing involves putting your money into an asset with the expectation of generating returns over time. To get started, consider setting up an account with a reputable online trading platform, such as Robinhood or E*TRADE. It's also a good idea to consult with a financial advisor to determine your risk tolerance and investment goals. Note that investing comes with both risks and benefits. While it can potentially yield high returns, there's also a chance of losing your investment. It's important to do your research and due diligence before making any investment decisions.

Time required to start earningFrom six months to more than a year
Start-up timeVery fast
Difficulty levelQuite simple, even for beginners
General Requirements/InfoThis can be a risky venture; profit is not guaranteed

Selling Your Photographs

Online platforms that allow photographers to sell their work have gained a lot of popularity in recent years. These platforms include stock photo sites, print-on-demand services, and marketplaces, among others. 

When deciding where to sell their photos, there are a few factors to consider, like pricing, licensing, exclusivity, etc. Photographers should also research online platforms that cater to the specific niche of photography they are proficient in, as this can increase their visibility and sales potential. 

One of the main benefits of selling photos online is that it generates passive income, where the photographer can earn money long after they have initially taken the photo. Additionally, it gives photographers exposure and a chance to connect with a global audience, which increases their chances of getting more photo assignments, leading to more income.

Time required to start earningDepends on various factors; from the quality of your photos to the platform where you’re selling them; there’s no specific time
Start-up timeVery fast - requires setting up a profile on a platform, uploading photos, and setting up the payment details
Difficulty levelDifficult, due to the very high competition
General Requirements/InfoRequires a lot of skills, including the photo editing skills
Photographer taking pictures

Becoming an Online Translator

Making money as an online translator is a great opportunity with increasing demand in the globalized world that we are living in today. Online translators can work remotely and select their own preferred working hours. There are various opportunities to monetize translation skills, including freelance platforms, translation agencies, or setting up a personal translation business. Experienced and specialized translators with strong language proficiency have the potential to earn a competitive income. 

To increase the chance of success, it's important to continuously develop language proficiency, create a strong portfolio, and network with other translators.

Time required to start earningDepending on whether you’re using a platform to find a job, or you’re working without a third-party
Start-up timeDepending on your portfolio and experience level, it can be very fast
Difficulty levelCan be difficult due to high competition
General Requirements/InfoRequires proof of having language proficiency, such as academic papers, a college diploma, etc.

Creating a Podcast

Podcasting offers numerous benefits, allowing individuals to share their expertise, stories, or interests with a global audience and build a loyal following. Monetizing your podcast is possible through various strategies such as sponsorships, advertisements, and affiliate marketing. Creating valuable and engaging content is crucial for attracting potential sponsors and advertisers.

Additionally, selling merchandise or offering premium content or subscriptions to loyal listeners can generate revenue. With the increasing popularity of podcasts and the booming online audio industry, now is the perfect time to start your podcasting journey and seize the opportunity to earn money while doing what you love.

Time required to start earningSix to twelve months
Start-up timeIt can take a while - requires setting up equipment, recording and editing a podcast, uploading it online, etc.
Difficulty levelEasy to begin, but difficult to earn a decent amount of money from it
General Requirements/InfoRequires investing in high-quality equipment, technical knowledge, hosting provider, and consistency in uploading episodes
Recording a podcast

Selling Your Wares on Etsy

Selling on Etsy is a great opportunity to monetize your creativity and craftsmanship. Etsy is a popular e-commerce platform that caters to a global audience and specializes in unique, handmade, and vintage items made by independent sellers. Setting up a shop on Etsy is simple and straightforward, and sellers can list their products in a matter of minutes by following the platform's guidelines. One of the main benefits of selling on Etsy is the low overhead costs, where sellers can easily operate the shop from their homes without the need for significant investments. If you have a unique product to offer, you too can join the ranks of successful Etsy entrepreneurs by taking the first step to set up your own shop today.

Time required to start earningAnywhere from a few weeks to a few months
Start-up timeVery fast
Difficulty levelMedium difficulty
General Requirements/InfoRequires designing and creating various handmade items, art, craft, DIY, or digital products.

Monetizing Your Twitch Channel

Monetizing your Twitch channel can turn your hobby into a lucrative venture. Twitch offers content creators various ways to earn money, even if you're not a technical expert. The three main methods of monetization on Twitch include ad revenue, channel subscriptions, and donations. Furthermore, you can select between numerous categories; from gaming to music, and stream what you're best at.

The way you can earn money on Twitch is through ads, which run during your streams, as well as through subscriptions, Twitch bits (virtual currency), direct donations, as well as selling merchandise or sponsorships. The key factor here is to build an audience, by offering quality and engaging streams, and being consistent.

Time required to start earningMore than a few months, with constant streaming and quality streams
Start-up timeIt can take more than a day to set up the equipment (hardware and software) and a Twitch channel
Difficulty levelVery difficult, especially for total beginners
General Requirements/InfoRequires investing in proper hardware, promotion, and 

Selling Unused Gift Cards

Selling your unused gift cards online is an easy and profitable way to declutter and put extra cash in your pocket. You can easily sell them by finding a reputable gift card marketplace or reseller, in order to ensure secure transactions. Some great examples include CardCash, Raise, ClipKard, Gameflip, and CardSell. To create a compelling listing, always make sure to submit your gift card details, as well as clear descriptions and images. Furthermore, set a competitive price and bundle multiple gift cards, making the gift card prices lower than their regular price. And lastly, make sure to answer any questions from potential customers briefly.

Time required to start earningDepending on how fast you’ll sell gift cards
Start-up timeVery fast
Difficulty levelVery easy
General Requirements/InfoRequires registering on a certain platform

Making Music

To earn money online by making music, there are several avenues you can explore. First, consider promoting your music on streaming platforms like Spotify or Apple Music, where you can earn royalties based on the number of streams your songs receive. Another option is to offer music lessons online or provide services as a session musician or producer for other artists. Lastly, you can create and sell your beats, or offer your music for movies and games.

Building a strong online presence through social media and YouTube can also attract opportunities for sponsored content, collaborations, and live-streaming performances, which can generate income through ad revenue, donations, or ticket sales. Ultimately, a combination of these strategies and constant promotion and networking can help you earn money online through your music.

Time required to start earningMore than 10 months for royalties, much less for music lessons and production
Start-up timeSeveral weeks for the music to become available on streaming platforms
Difficulty levelVery difficult
General Requirements/InfoRequires a combination of talent, dedication, and effective promotion of your work
Producing music

Becoming a Virtual Assistant

Becoming a virtual assistant is an increasingly popular option for earning money online. Virtual assistants provide services to clients such as administrative duties, social media management, or customer service. The job requires effective communication, organization, and time management. The benefits of being a virtual assistant include flexibility and the ability to work remotely. You can look for work opportunities on popular platforms like Upwork and Fiverr. Success depends on having a strong portfolio, networking, and continuously improving your skills. With dedication and hard work, becoming a virtual assistant can be a lucrative online career.

Time required to start earningAnywhere from a few days to a few months
Start-up timeDepending on your experience and expertise, relatively fast
Difficulty levelDepending on the task, it can be simple or difficult. 
General Requirements/InfoRequires various skills; from communication, technical, and research, to personal skills, as well as equipment and tools.

Sharing Your Internet Bandwidth

Monetizing your internet bandwidth can be a smart way to earn extra income. By sharing your unused internet data, you can tap into a growing market of users looking for reliable and affordable connectivity. Several platforms and services, such as Pawns, Honeygain, and PacketStream, allow individuals to sell or lease their idle bandwidth, turning it into a passive income stream. Earning potential can vary based on factors such as location and the platform used. However, it's important to consider potential concerns, such as security and privacy.

Time required to start earningA long time to earn a decent amount of money
Start-up timeVery quick
Difficulty levelVery simple and user-friendly
General Requirements/InfoRequires registering on a certain platform and installing a software/app which must keep running

Offering Consulting Services

Online consulting services offer a convenient and lucrative way to make money. Whether you're an expert in marketing, finance, or technology, you can offer consulting services online. To attract clients, leverage social media platforms like LinkedIn to showcase your expertise and connect with potential customers. 

You can also build an email list of interested leads and send them regular newsletters with helpful insights. When setting rates, make sure to research your competitors and consider offering a free consultation to sweeten the deal and make yourself stand out. As you build a portfolio of satisfied clients, you can always ask for testimonials and referrals to strengthen your reputation, and potentially bring new clients.

Time required to start earningDepends on the client, platform, etc.
Start-up timeIt can take a while to find a first client
Difficulty levelDepending on a task, it can be very difficult
General Requirements/InfoIt’s possible to set up a consultancy in the form of a website, video lessons, etc., and generate passive income

Creating and Selling a Course

Creating and selling an online course is a great way to turn your expertise and passion into profit. First, make sure to choose a topic that has high demand and matches your interests and skills. Develop a comprehensive curriculum that addresses the needs of your audience and incorporates engaging multimedia content. 

Then, select a hosting platform such as Udemy, Teachable, or Skillshare. Market your course through social media, email, and paid ads. Continuously improve your content by taking feedback and following market trends. 

Time required to start earningDepending on how fast your course starts selling
Start-up timeRequires a lot of time for making a course, editing it, uploading it, etc.
Difficulty levelDepending on the course, it can be difficult to pass your knowledge with this approach
General Requirements/InfoYou can sell your course on multiple platforms, potentially generating extra revenue

Offering Transcription Services

Transcription involves converting audio or video recordings into written text, a process that is becoming increasingly in demand across various industries. By offering transcription services online, one can potentially earn a high income while having the flexibility to work from anywhere and take on multiple projects simultaneously. 

However, essential skills such as strong listening abilities, accuracy, and attention to detail are required to succeed in this field. Various online platforms provide transcription projects for freelancers, including transcription-focused websites and companies offering transcription services. 

Time required to start earningDepends on how fast you’ll find a client and get the job done
Start-up timeUsually quick; you’ll need to offer your services on various platforms, social media, etc.
Difficulty levelEasy, especially with the help of certain tools
General Requirements/InfoOftentimes, requires strict deadlines.

Offering Proofreading and Editing Services

Offering proofreading and editing services online can be a lucrative way to earn money on your terms. With the flexibility to work from anywhere and a high demand for these services, you can set your own schedule and control your income. Start by creating a portfolio of your work and setting competitive rates to attract clients. Platforms like Fiverr or Upwork provide a convenient way to showcase your skills and find potential clients. Remember, delivering high-quality work is key to building a positive reputation. 

Time required to start earningDepends on time requ
Start-up timeDepending on factors like skill, experience, and demand for editing and proofreading services, there’s no specific time 
Difficulty levelThe difficulty varies and is based on factors such as expertise on a subject, client's demands, etc.
General Requirements/InfoSome clients will require you to be specialized in a certain niche

FAQs

What are the easiest and most effective ways to make money online?

Some of the easiest and most effective ways to make money online include freelance writing, affiliate marketing, selling products on e-commerce platforms, and completing tasks on Freecash.

What are some common mistakes to avoid when trying to make money online?

Common mistakes to avoid when making money online include falling for scams or get-rich-quick schemes, neglecting market research, not investing enough time and effort, and not building an online presence or brand.

What are some long-term strategies for building a sustainable online income stream?

Long-term strategies for building a sustainable online income stream include building a loyal customer base, diversifying your income sources, continually improving your skills and knowledge, and adapting to changes in the online market.

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Marko Kulundzic
11 Sep 2023

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