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5 Fun Ways to Make Money Online That You Should Try

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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:

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  • 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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Last Updated on July 20, 2021

Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

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Financial Freedom is Not a Fantasy: 9 Secrets to Get You There

Have you ever considered your life now, and how it would be if you had more time to spend with your family and less worries about money?

Nowadays, financial stress is one of the most troublesome weights in life. If you’ve ever encountered financial stress, you know the difficulty of not having enough income to pay your obligations or bills.

Many people say that money is not the ultimate goal of life. While that’s true, money certainly plays a very significant role. The meaning of financial freedom changes with the different phases of our life, but ultimately, it is something that many people strive for.

In this article, we’ll explain how to capture that financial freedom you’ve been looking for. Read on to learn the secrets to financial freedom.

Break Free of Your Finances

Financial freedom is about having a constant flow of cash from your assets to cover all your regular needs.

When you are not worried about your income, or living paycheck to paycheck, you gain a great sense of freedom. It’s the freedom to be obtain and do what you truly need to make your way through everyday life.

Gaining financial freedom, though, is a process of growth, making small improvements and gaining emotional strength.

Though it seems hard to believe, it is really very simple to get financial freedom.

To do so, you simply need to make sure that your assets exceed your liabilities. In other words, you’ll need to find the sweet-spot where your residuals meet or surpass your expenses. This is something that you can achieve with the proper plan.

While not every person will accomplish financial freedom, the potential for anyone to do so is certainly there. Anyone can achieve this success, regardless of their income level.

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Outlined below are 9 secrets that will help you in your goals of achieving financial freedom.

1. Stop Unnecessary Spending

We often spend money inwardly, instead of objectively.

For example, you may spend when you’re anxious, depressed, restless, exhausted, from fear of missing out, or to please others. This is a very unhealthy way to handle your finances.

To stop this habitual spending, log down all your spending over the course of a month.

Just as some people keep a food diary, keep an expense diary. Remember not to just write down how much and what you spent the money on, also include the circumstances of why you spent the money. Was it an impulse buy at the checkout line or was it something you planned to purchase?

This increased self-awareness could enable you to avoid triggering situations in the future when you are considering an impulse buy.

2. Plan a Monthly Budget

This is a great opportunity to get serious.

Take a seat with your spouse or partner and make a monthly budget based on your income, not your expenses. You are never again going to spend more cash then you have on hand.

Overspending is the thing that led you to more financial obligations. Make sure you decide every month what is coming in and what will be going out and stick to that budget… no matter what.

3. Cut-up Credit Cards

Perhaps you are the type of person who always pays your credit card balance in full before the end of your billing cycle, and enjoys the reward points you gain. If this is the case, then you’re already way ahead of the game.

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If not, you may want to consider ridding your life of the burden that credit cards bring.

Many cards have strategies set up so that if you make a certain number of late payments, they will raise your interest rate much higher. This can really add up in the long run and you won’t be doing your financial situation any favors. If you’re prone to late payments or have a large balance due on your cards, cut them up!

Without proper self control on credit card spending and payments, you are basically throwing your money away. To ensure that you have better control over your spending, use only cash or debit for all future purchases (and don’t forget to pay at least your minimum payment on your cut-up cards each month!).

4. Increase Savings

There is no doubt that for a comfortable retirement you must accumulate satisfactory savings throughout your working life.

It’s good practice to save up to 15% of your income.

Start with your workplace 401(k), if you have one. If not, a Roth IRA (if you are eligible) or a traditional IRA (if you are not eligible for the Roth) are the next logical steps.

Increase in longevity means you might be able to look forward to 25 to 30 years in retirement, or possibly even significantly more. Investing now in good retirement plans will ensure that you have a guaranteed a stable monthly income when the time comes to stop working. [1]

5. Invest Wisely

Consider investing in funds.

Specifically, you will gain higher returns if you invest in different types of mutual funds such as Debt funds, Equity funds and Hybrid funds with a proper balance, although it absolutely relies on your personal preferences and sense of risk taking.

To get the most of these benefits, make sure you are investing in a variety of assets. Another resource of investing in mutual funds is SIP (Systematic Investment Plan) where you invest some money every month in funds. SIP works by averaging the per unit price of the stock.

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Mutual fund investors are aware of the benefits of an SIP (Systematic Investment Plan). For one, it is the most secure way to invest in equity mutual plans so that wealth is created over a long period of time. This plan also helps you to gain a better sense of financial discipline, which will come in handy in all your financial endeavors.

6. Invest in Gold

There isn’t really a better way to invest in gold than to have the physical gold itself in your possession.

You can purchase gold coins and bars from mints as well as from coin dealers and other private sellers.

Another way to invest in gold is through ETFs (Exchange Traded Funds).

These are is similar to mutual funds but they are exclusively investments of gold. ETFs are great because they offer more liquidity; the ETF owns the actual physical gold, stores it, and retains the value of the shares. These shares can then be bought and sold in the stock market, and one big benefit is that the transaction costs of gold ETFs are much lower than the that of physical gold.

With its consistently-increasing demand, investment in gold can be very wise long-term investment to make.

7. Stash Emergency Funds

Whether it’s a cash gift or a work bonus, always try to save any extra money that comes your way rather than making unneeded purchases.

If you get paid every other week, you’ll get an “extra” paycheck (three rather than the usual two) twice a year. Either save those paychecks towards your emergency funds or utilize the money to pay down other obligations, such as loans, credit cards or other debts.

Make it hard to get your cash.

Put your savings in an alternate bank, maybe an online bank that forces you to delay for several business days before transferred money hits your regular bank account.

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8. Find Fabulous Mentors

Find a mentor, such as a friend or family member, who has exceptional control over their finances and pay attention to everything they do.

If you do not have any friends or family that are enjoying financial freedom, then find a mentor online! There are numerous blogs and guru websites featuring the advice of many people who have reached financial freedom, and they exist primarily to let you in on how to achieve it for yourself.

There are also plentiful forums available that share tips and tricks on how to best achieve financial freedom. Read as much as you can and start changing your habits for the better.

9. Be Extra Patient

Patience is the key of financial success.

Being patient can be quite tough, especially when you’re struggling with your finances, but having faith is worth it. You’ll continuously be on the right track if you are taking the proper steps above.

So don’t be discouraged, even if you are only saving a few dollars a month; it all adds up. Within just a few years you’ll look back proudly at your accomplishments and be glad that you had the patience to get there.

Financial Freedom for All

Anyone can achieve financial freedom, regardless of their financial circumstance.

Use the tips provided above to get yourself on the track to financial freedom and toss your monetary concerns out the window. If you wish to achieve a life with financial freedom for yourself and your family then you must adopt a disciplined approach towards your finances.

Following the simple secrets above is a great start to making your money work for you, so you can work less and live more!

Featured photo credit: rawpixel via unsplash.com

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Reference

[1] Hartford Gold Group: IRA Retirement Accounts

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