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5 Fun Ways to Make Money Online That You Should Try

5 Fun Ways to Make Money Online That You Should Try

The internet is so imperative these days that it turns into a piece of your daily schedule. You can read the daily paper, check your email, update your Facebook status, shop online, Skype with companions, and learn from Google. Today, you can do practically anything through the internet. Did you know you can earn money online too? This is an extraordinary open door for anyone, whether you want to earn a little extra pocket change or want to turn it into a full-time career from home.

There are plenty of legitimate and fun ways to make money online. Some of them include beginning your own small business, while others include working for someone else using your home as an office. Here are five real ways to work from home and make extra cash through the internet.

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1. Freelance writing

You can become a freelance writer, and can get writing assignments that very same day. The better your writing skills are, the better your freelance writing project rates will be.

A freelance writer can choose the niche market. You can start writing for magazines, online blogs or newspapers. You can even blog by building your own site, or by writing for other websites. The market for freelance writing on the internet is massive, and there’s plenty of work to go around.

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If you are interested in freelance writing, consider these factors before you get started:

  • Samples. You need to build your own profile before you can really begin marketing yourself. Choose the market you want to approach in writing, and then find or create some related writing samples. For instance, write a few posts of your own to use as samples.
  • Tools. As a home-based freelance writer, you need a computer and fast internet access. Some clients might want to reach you by email or Skype, so have both set up and accessible.
  • Job Boards. You have to look for work, and places like Freelancer, GuruUpwork, and oDesk are a freelancer’s best friends. These platforms allow individuals and businesses to post assignments or projects, and freelancers can bid on them.

2. Using your skills

Everyone has skills in different things! Perhaps you can teach the principles of a foreign language with ease, or are a master mechanic. Perhaps you are just a sports-obsessed fan who is really into fantasy sports. Regardless of skill, the internet is so far reaching that any and all skills are welcome and can be used to make a profit.

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  • Teaching Classes. There are many online platforms that allow people to teach or learn online. With your expertise, you could wind up teaching classes online. Say you are fluent in English, French, and Spanish. Creating your own language class online can help you master the language through teaching, help interested people learn, and create an online side job for yourself at the same time!
  • Develop apps. Today, organizations and associations create applications for their business advancement. Numerous organizations, particularly gaming software companies, hold bimonthly competitions in which individuals can not only win a monetary prize, but can also be part of the product group. You can even take app development projects from freelance job boards if you are a masterful developer without a good idea.
  • Competing at online games. If you’re interested in any type of sport then you’re probably familiar with fantasy sports. Numerous websites offer the chance to build your own sports team for massive cash prizes. Fantasy sports have taken off into a billion dollar industry so get your cut! By finding and using deals and coupons, like a draftKings promo code, will allow you to get incentives when signing up to help you get ahead of the competition.

3. Sell your creativity

If you are an artist or have a talent for creating beautiful things, then you can make some serious income from home. There is a growing trend of selling antique and homemade products online. Etsy,for instance, is a platform for artists where they can sell items at a fair price. The site claims over 40 different categories, from clothes to gifts to edibles, with thousands of listings.

Here are some recommendations to getting started:

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  • Investigate. Do your research and investigate other sellers on Etsy and see what they’re offering, and then decide how you can do it differently.
  • Show Commitment. Blog about your site, spend time trying to think of new ways to promote your business. To be a successful seller, you have to treat it like a full-time job.
  • Give Evidence. To gain the trust of your customers, give them visual evidence for the products through photographs. These pictures have to be good and make the item look fantastic.
  • Options. One of the keys to success on Etsy is giving options and vast selection. Most serious shop owners on Etsy have at least 200 items for sale. The more options your customers have, the higher the chances that you’ll make a sale.

4. Call centers: Sell your time and voice

If you have command over foreign languages with a great telephone voice, and the ability to organize information quickly, you can make money working for a call center. These call centers provide services to businesses that outsource services to answer their phones 24 hours a day. These calls are directed to a call center where they are routed to individuals who work from their homes. The average compensation for these call center jobs is about $9 per hour, and some companies even offer health benefits. Here are a few tools you should have to be successful:

  • Persistence. In the call center industry, the line between scams and honest businesses is very thin, so you should do your homework before accepting a position. Alpine Access is one of the well-known companies in this field, and Call Center Careers is a great place to search for legitimate call centers jobs.
  • Call Center Tools. You have to own equipment before starting work with as a call center agent. You will need a computer, earphones, a fast internet connection, and a landline telephone to apply.
  • Multi-tasking. In this industry, call center agents receive a lot of calls, and one must have the capability to handle them all efficiently.

5. Sell your knowledge: Use social media

There are lots of consultants available online who offer their services or advice for a fee. For instance, if you’re a publicist like me you may help a new organization develop a communication plan, or you may help them get media attention by writing articles or press releases and then distributing them to the proper media channels. If you have great computer skills or are a social media expert, you might be able to work from home by opening up your own website or creating your social media pages to make money from some of these avenues:

  • AdSense. This is a Google product that puts advertisements on your website. It further gives the alternative of pay-per-click or pays each time somebody sees the promotion. This is a great way to generate cash for FREE!
  • Youtube video/Facebook feature. If you have a bubbly and fun identity, then kick back and feature the craziest minutes of your life and transfer them on YouTube or Facebook account. The higher the quantity of followers you have, the more the possibility you have to gain income in the contending business sector.
  • Blogging. Fashion web journals are everywhere throughout the internet, and fashionistas have transformed their websites into a full-time work. This is only one example of how you can turn your hobby or passion into a blogging career. The more quality content you have, the more organizations will reach out to place their advertisements on your site.

Featured photo credit: Internet/Ministerio TIC Colombia via flickr.com

More by this author

Tayyab Babar

Tayyab is a PR/Marketing consultant. He writes about work, productivity and tech tips at Lifehack.

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Published on January 8, 2021

How To Pay Off Credit Card Debt Fast: 7 Powerful Tips

How To Pay Off Credit Card Debt Fast: 7 Powerful Tips

Ever wondered whether your credit card debt is the reason you’re in a bad financial situation? You can’t enjoy any fun activities because a good chunk of your money goes toward debt payment. Heck, you’re even behind on some of your monthly bills.

The effects of clumsy debt management are too many to list here. This guide is going to help you discover how to pay off credit card debt fast and start chasing your financial goals.

Debt problems are the last thing anyone wants to encounter. But things can get out of hand when all the “little debts” you take accumulate in interests.

What if you knew some simple and proven ways to be debt-free quickly? Implementing them would mean better financial health for you. It becomes possible to free up cash for your “wants.” These include taking a trip or buying something you’ve always desired. All that while paying your bills on time!

Let’s not wait any longer. Here are 7 powerful tips for paying off credit card debt fast:

1. Pay More Than the Minimum Credit Card Payments

Many people only pay the monthly minimum on their credit cards. Truly, that’s the right amount for staying on good terms with your credit card company. But you need a different approach if you’re looking to achieve financial independence within a short time.[1]

Most of your payments go toward interest costs when you only pay the minimum amount. A substantial sum of your balance remains standing. As a result, it becomes more expensive to eliminate your debts.

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You don’t want to wait more than 10 years to get rid of debt while it’s possible to do it sooner. All you have to do is double that $100 minimum payment to $200 or go higher.

The good thing is that minimum credit card payments are affordable in most cases. By paying a higher amount, you reduce your interest costs, lessen your borrowing period, and boost your credit score.

2. Start With High-Interest Credit Card Debt

If you have more than one credit card debt, prioritize putting the extra money toward the ones with the highest interests. This debt pay-off strategy, known as the debt avalanche method, is essential for being debt-free quickly.[2]

First, you need to list down all the credit card debts you have in the order of their interest rates. Next, you choose the one with the highest interest and pay a significant amount toward it each month. It can be an amount twice or even thrice larger than the minimum payment.

At the same time, you make monthly minimum payments on the other debts. Their interest charges won’t be as costly as that of the first debt on your list. You only move on to the next high-interest debt after the first one is gone. Remember that your focus is on the interest rates and not the balances.

3. Revisit Your Budget

Budgeting is useful for tracking your financial moves. Once you create a budget, some tweaks along the way can make it work for you better. One situation that requires you to revisit your budget is when you’re struggling with debts. It might hurt a bit to slash some expenses. But you also don’t want to miss out on achieving financial freedom in the long run.

You can reduce some variable expenses to free up more cash for credit card debt payments. They’re the ones that change from time to time. Some examples are groceries, fuel, and clothing.

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Other opportunities for cutting down your spending lie in non-essential expenses. Instead of dining out all the time, you can cook at home more to save money. You can also share some subscriptions with friends and pay a fraction of the cost.

If you’re determined enough, you can eliminate all your unnecessary expenses and focus on paying off your credit card debt first.

4. Avoid Using Your Credit Cards

Do you want to know how to pay off credit card debt with a low income? One simple way is to stop using them. Having your credit cards everywhere you go means that you’ll be more tempted to buy unnecessary stuff. In this case, you spend money that you don’t really own and get deeper into debt.

The quickest fix to stop the debt build-up is spending with cash. You’ll be more aware of everything you can afford at any particular time. If you decide to keep one or two cards to ease the transition, always make wise choices. For instance, only use them when experiencing financial difficulties.

It’s best to categorize your fun activities under “discretionary spending” in your budget. This way, you won’t need more debt to kill your boredom. By halting your credit debt from accumulating, it’s easy to pay down what you already owe and be happy with the progress.

5. Start a Side Hustle to Boost Your Income

You’re probably turning away a lot of money by not monetizing your skills. Everyone has something that they’re good at doing. And you can use that to generate extra income for attacking your credit card debt.

If you look around your neighborhood, you can find several side hustle opportunities. It can be pet sitting, tutoring, or lawn mowing. You can start an online business by offering services such as digital marketing, content creation, and web development. Such skills go in high demand on freelance sites and job boards.

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Finding clients on social media is also a good strategy to utilize your skills and make more money. Facebook groups, Quora Spaces, and subreddits are some places to look for side jobs. You only have to join a niche-specific platform, share your services, and respond to any opportunities.

It’s possible to learn a skill, practice it, and earn from it. Use the free resources online or purchase some e-courses to get started.

6. Sell Your Used Items for Extra Cash

Starting a side hustle isn’t the only way to generate extra money. You can turn unwanted items into cash for paying off credit card debt. Whether it’s an old TV, book, or furniture, there is always someone itching to buy your used stuff.

A garage sale, as much as it’s old-fashioned, is perfect for getting your neighbors and passers-by to buy from you. You keep all the money because there are no business permits or taxes involved. While you may not make much cash, it’s better than leaving your stuff to go defunct in your storage.

Other than that, you can sell your used stuff on online marketplaces. Facebook groups are great places to start if you want quick approvals and hence sales. You only have to ensure that your listing follows Facebook’s commerce policies.

When selling any pre-owned items online, ensure they’re in good shape to avoid problems with your buyers.

7. Know When to Seek Help With Your Debt

Asking for help with your credit card debt can be challenging to do. But letting it drown you is a road you don’t want to take. While you may feel embarrassed at first, it’s the best way to get back on track when you run out of options.

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There are tons of non-profit credit counseling organizations that can offer you free guidance on how to escape the debt trap. An example is The National Foundation for Credit Counseling. They simply review your finances and help you determine the source of your financial problems. After that, they match you with an actionable debt management solution.[3]

In extreme cases, the debt solution can be:

  • Debt relief – where your debt is partially or wholly forgiven
  • Debt consolidation – taking out one loan to repay others
  • Debt settlement – the creditor forgives a significant portion of your debt
  • Bankruptcy – legal process for seeking relief from some or all your debts

It’s necessary to carefully weigh your options before deciding on the way to go. Find out how it might affect your credit score and any other risks.

Wrapping It Up

Debt is a major setback when you’re trying to prosper in life. Paying off credit card debt is essential if you want to reach your financial goals. That means having more free income, a good credit card score, and even a chance to retire early. You become more productive each day because of the peace in your mind.

So, you now have some tips on how to pay off credit fast. Go ahead and get rid of that good life progress killer!

More Tips on How to Pay Off Debt

Featured photo credit: rupixen.com via unsplash.com

Reference

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