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6 Ways to Make Money Online

6 Ways to Make Money Online

Let’s get one thing out of the way: Working from home or online doesn’t mean you’ll end up making millions while sitting around in your underwear and barely lifting a finger. While it definitely is possible to make a living using some of the following tactics, they each require a certain amount of effort. However, unlike your average hourly job in which you get paid the same regardless of how much (or how little) effort you put into it, the best part about working online is you’ll be rewarded based on your willingness to commit to a specific task, and are free to create your own destiny. Here are some ways you can make money online.

1. Website Testing

Sites like UserTesting give you the opportunity to review new and upcoming websites, giving the creators feedback as you explore them. It’s possible to make a pretty decent hourly rate testing and reviewing websites, as a single task usually takes less than a half hour and pays around $10 per gig. However, sites like UserTesting often have a large pool of candidates, and you’ll only be asked to review sites that fit your interests, so the workload may not be steady enough to create a consistent cashflow.

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2. Data Entry

If your keyboarding skills are up to snuff, you might want to consider signing up for websites such as VirtualBee, which connects typists with clients in need of data entry transfers. After signing up, you’ll be given an aptitude test to determine your eligibility. It’s possible to make up to $20 an hour on gigs, but, like website testing, the work is sporadic and may not be enough for a full-time income.

3. Completing Surveys

You’ve probably seen sites advertising surveys for cash, and blown them off as a pipe dream. While many of them are full of empty promises, some sites actually do follow through with their pledges. Sites like iPoll and MySurvey make it possible to earn some side cash while you relax on the couch watching TV. Some websites even offer signup bonuses that will result with quick cash just for logging in. You probably won’t make a killing completing surveys online, but it is possible.

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4. Tutoring

Regardless of whether or not you’re a certified teacher, you can find ways to make money online by tutoring high school and college students in need of test prep. TruePrep is a site dedicated to connecting tutors with high school students who need help studying for the SATs. After completing an aptitude test and going through an audition, you’ll be able to set your own hours and rate of pay. Some tutors make around $50 per Skype session.

5. Proofreading

If you love poring over newspapers, magazines, and books looking for typographical and grammatical errors, you should look into getting paid to do it. While sites like Fiverr and Elance exist to connect proofreaders with clients, you’ll often end up underselling yourself due to the sheer volume of workers advertising their skills. Take a look at Proofread Anywhere, a site offering a course not only on how to become an expert proofreader, but how to find clients that pay well and will consistently need your assistance. Caitlin Pyle, the founder of Proofread Anywhere, makes a full-time income proofreading for less than 30 hours a week.

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6. Create a personalized online store

This is perhaps the most involved entry on the list, but it also has the most potential to end up becoming a full-time gig. An entry on Bitcatcha’s blog fully details the best methods for creating an online store in which you can sell your personal crafts, creations, or services. Again, this is in no way meant to be a get rich quick scheme. However, creating a business that operates almost exclusively online is the best way to ensure your fledgling company reaches a variety of audiences across the globe.

Featured photo credit: Paying attention to detail / Nic McPhee via farm1.staticflickr.com

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Last Updated on January 21, 2020

How to Develop a Millionaire Mindset in 6 Simple Steps

How to Develop a Millionaire Mindset in 6 Simple Steps

We all like to dream about being financially wealthy. For most people though, it remains a dream and nothing more. Why is that?

It’s because most people don’t set their mind to achieving that goal. They might not be happy in their current situation but they’re comfortable – and comfort is one of the biggest enemies of growth.

How do you go about developing that millionaire mindset? By following these simple steps:

1. Focus On What You Want – And Take It!

So many people are too timid to admit they want something and go for it. When there is something that you want to accomplish don’t think “I could never actually do that”, think “I could do that and I WILL do that”.

Millionaires play to win, not to avoid defeat.

This doesn’t mean to have to become a selfish jerk. What it means is becoming more assertive and honest with yourself. You don’t have to grab off other people. There is a big pot of unclaimed gold in the middle of the table — why shouldn’t you be the one to claim it? You deserve it!

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2. Become Goal-Orientated

It’s almost impossible to achieve anything if you don’t set firm goals. Only lottery winners become millionaires overnight. By setting yourself attainable goals, you will get there eventually. Don’t try to get rich quickly — get rich slowly.

Let’s take the idea of making your first million dollars and expand on what kind of goals you might set to get there. Let’s also say you’re starting at a break-even position – you’re making enough to get by with a few luxuries, but nothing more.

Your goal for the first year can be having $10,000 in the bank within a year. It won’t be easy but it is doable. Next, you need to figure out the steps you need to take to achieve that goal.

Always look at ways to make growth before cutbacks. With that in mind, you might want to see if you can negotiate a pay rise with your boss, or if there’s another job out there that will pay better. You might be comfortable in your old job but remember, comfort stunts growth.

You may also have other skills outside of your workplace that you can monetize to boost your bank balance. Maybe you can design websites for people, at a fee of course, or make alterations to clothes.

If this is still not enough to make the money you need to save $10,000 in a year, then it’s time to look at cutbacks. Do you have a bunch of old junk that someone else might love? Sell it! Do you really need to spend $10 on your lunch everyday when you could make your own for a fraction of the cost?

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If you are to become a millionaire, you need to start accumulating money.

Here’re some tips to help you: How to Become Goal Oriented and Achieve More in Life

3. Don’t Spend Your Money – Invest It

The reason you need to accumulate money is for step three. Millionaires tend to be frugal people, and that’s because they know the true value of money is in investing. Being your own boss goes hand-in-hand with becoming a millionaire. You’ll want to quit your regular job at some point.

Stop working for your money and make your money work for you.

Rather than buying yourself a new iPad, that $500 could be used to invest in the stock market. Find the right shares (more on that later), and that money could easily double within a year.

There’s not just the stock market — there’s also property, and your own education.

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4. Never Stop Learning

The best thing you can invest in is yourself.

Once most people leave the education system, they think their learning days are over. Well theirs might be, but yours shouldn’t be. Successful people continually learn and adapt.

Billionaire Warren Buffet estimates that he read at least 100 books on investing before he turned twenty. Most people never read another book after they’ve left school. Who would you rather be?

Learn everything you can about how economics works, how the stocks markets work, how they trend.

Learn new skills. If you have an interest in it, learn everything you can about it. You’d be surprised at how often, seemingly useless skills, can become extremely useful in the right situation.

Start developing the habit of learning continuously: How to Create a Habit of Continuous Learning for a Better You

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5. Think Big

While I advise to start off with small goals, you absolutely should have a big goal in mind. If you have a business idea, then that is your ultimate goal – to start that business and make a success of it. If you want to invest your way to millions of dollars and do little work other than research, then that is your big goal.

There is no shame in not achieving a big goal. If you run a business and aim to make $1 million profit in a year and “only” make $200,000, then you’re still significantly ahead of most people.

Aim for the stars, if you fail you’ll still be over the moon.

6. Enjoy the Attention

To be successful, you have to be willing to promote yourself and enjoy the attention to a certain extent. Now the attention doesn’t need to be on yourself, it could be on your brand, but attention definitely attracts money.

Never be embarrassed to get your name out there. That means finding a spotlight and being brave enough to step right up underneath it.

If you run a business, try contacting the local papers. You’d be surprised at how amenable they often are to running a story about you and your business, and it’s all free publicity.

Above all, remember: You control your own destiny. Push hard enough for anything and you’ll get it.

More About Thinking Smart

Featured photo credit: Austin Distel via unsplash.com

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