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24 Easy Ways To Make Money On The Internet

24 Easy Ways To Make Money On The Internet

So it turns out that the internet is good for more than just porn and video games – you can make money off it too! Think of the internet as a giant country called Imaginationland. By playing your cards right, you can make some easy money online doing things you’re already doing. Here are some lifehacks to start you off:

1. Website Building

If the internet is a country, then websites are like real estates. I’m hoping by now you have a general understanding that real estates are valuable in the physical world – digital real estates work the same way. By building a website, you’re creating your own plot of online “land.”

You can fill this land with whatever you want, but you have to promote it through social media (and anywhere else you can think of) for this to be successful. When you build traffic to your land, you can sell people whatever you have to offer. In order to build a website, you need a host (i.e GoDaddy), a template (i.e WordPress), and content.

The first two parts are easy to find, and content is only as difficult as you make it. You can post blogs, items for sale, pictures, videos, or whatever you want. Opening up your own website gives you the potential to make money from the avenues I’m going to mention.

2. B2B Marketing

An online business model I love is utilized by GetVoiP, an affiliate marketer based in New York. GetVoiP acts as an agent for business communication providers. They maintain updated listings of VoiP providers, including ratings, comparisons, consumer reviews, in-depth knowledge of market and end-user trends, and expert opinions from business professionals on a variety of topics related to business consumers. By not only keeping abreast of news, but providing detailed analysis of products being offered, GetVoiP is able to generate traffic to their site and increase their clout with businesses.

The more online clout you have as a business, the more money you’ll make. If you’re known for making lasting connections (as is the case with GetVoiP above), then you’ll have no issues building your online brand. You’ll be recognized in your community and begin to build a buzz in your industry. Tracking your numbers (how many people view your site, click each ad, and make a purchase from that click) gives you the leverage to expand this part of your business, enabling you to continue building your online rep.

3. Google Adsense

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    If that sounds like too much technical information for you, there is an easy button – Google’s advertising platform is as simple as signing up, enabling (on Blogger) or pasting a small code on your website, and allowing the advertisements to automatically roll in. The problem with this program is that you don’t get any commissions – and you don’t get to control the ad content. This is useful for some, but powerful users will want something a little more robust.

    4. Amazon Associates

    Amazon has an Associates program for site owners and bloggers. They offer a search tool to find the right products and services from their site and a variety of ad styles to display on your site, including text-based and banner images (digital billboards) like this:

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    Each item purchased through your Amazon links give you a commission. It doesn’t take high volume traffic to achieve results, either. I began making money with the program when I only had 1,000 hits per month on my site. They can apply your earnings to your Amazon account balance, issue you a check, or direct deposit into your bank account. If you love Amazon, you’ll love their associate’s program. Click here for another Lifehack dedicated to Amazon Associates.

    5. Rakuten Linkshare

    Amazon and Google are far from your only options for online advertising. Rakuten Linkshare is a great place to search for other affiliates for your ads. Through their program, you can get customized ad links, email links, and banner ads for Starbucks, Walmart, iTunes, and a slew of other popular brands. With this program, you can also find smaller companies, regional or specialized brands, and more. I run a combination of Google, Amazon, and Rakuten’s programs, and my monthly income is approximately $150 from these programs. It’s not a lot of money, but it’s also not a lot of work for residual (it means recurring…since the ads are permanent…) income.

    6. Company Referral Programs

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      Speaking of the benefits of permanent ads, banners and links aren’t the only ways to earn a little bit of dough off your online endeavors. By having a website, you gain the power of emailing companies to ask them for things. I have no shame in letting the yoga company whose mat I’m looking into purchasing know that I have a blog and write for yoga publications – it sometimes gets me discounts.

      Other times, I gain a valuable business contact in PR, advertising, or other aspects of corporate sales. Sometimes I just get a free drink. Either way, money in and of itself is worthless. Ditch the middle man and use the internet to barter what you have and can do for what you need.

      7. Klout

      If you have a social media account, try out Klout. The company tracks your social media usage, determines how big and what type of audience you draw based on the subject matter of your updates and posts. Using this information, you’re qualified to receive free items, tickets, etc. Check their website often to find ways of earning free stuff by doing what you’re already doing online…boring the rest of us…

      8. EBay

      If you have anything you want to sell, then EBay is the place you need to seriously consider doing it first. Personally I’m not a fan of the site because of the work it takes to build up a reputation. If you’re willing to grind through that process, you’ll be rewarded with many privileges – people have gotten rich selling books about how they got rich selling everything on EBay: Click here for a few tips from the pros.

      9. Amazon

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        If you start getting too big for EBay or decide you want to try a different flavor, Amazon has a marketplace as well. I prefer using Amazon because I can depend on their shipping, have a Prime account, and trust their reviews (overall, not usually singularly, although occasionally that as well). Learn more about Amazon’s marketplace by clicking on this Lifehack, and delve into the marketplace.

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        The difference between Amazon and EBay is that EBay (though still filled with new items) is seen as a used marketplace between individual parties, whereas Amazon (which is filled with offers for new and used merchandise from the 3rd parties) is viewed as a Wal-Mart-type superstore. As a consumer, this difference leads me to use Amazon, so it only makes sense to target on my own demographic.

        10. Etsy

        If you’re crafty (and I mean that in more than one way, wink wink), you’ll enjoy Etsy. Handcrafted items are the bread and butter here. Plenty of people make decent side money on the site, which is basically an EBay for crafters and artists. Set up a sellers account with Etsy, and you’ll be asked to set up your virtual storefront and put up at least 5 goods for sale.

        Once you have this down, you’ll be a budding Etsy entrepreneur. Provide great quality to your customers, and they’ll often return. Many people are willing to pay a premium for quality handmade designs. Etsy (like EBay and Amazon) takes a cut off the top for selling items through their site. PayPal takes another cut, and you have to be careful with taxes on all income, so be diligent while building your online business.

        11. Craigslist

        Craigslist is the modern equivalent of the classified ads that dominated the days of newspapers. These quick ads are easy to navigate and use, and they’re geographically linked. Whether you’re selling something or offering a service, this lifehack is a great place to start learning the intricacies of Craigslist.

        Posting ads on Craigslist is technically easy, but people often have fears about posting their personal information on the site. I communicate mostly through email when doing business on Craigslist, and I’ve never run into any issues. I’ve never been ripped off, nor have I been murdered or raped for using the site. It takes common sense, so use your best judgment, but don’t assume someone is a thief just because of their preferred communication method. For an extra bonus, google “funny Craigslist ads” to see some delightful examples of guerilla and grassroots marketing.

        12. Indeed

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          Maybe what you need is a job. It doesn’t matter which job search site you prefer using (even Craigslist) – Indeed tracks them all, and then some. You can find jobs posted on company websites, through temp agencies, and more at Indeed. If money is something you really need, Indeed is most definitely the place you want to visit to browse career opportunities.

          13. Upwork

          Where Indeed excels at finding job postings across the web and acting as a search crawler for employment, maybe a full-fledged career is too big of a commitment at this point in your life. Elance is a site to find freelance work of all types. I’ve used it for quick writing, editing, copywriting, resume building, and other odd jobs and temp gigs. The experience has been great.

          Elance offers a wide array of technical, data entry, accounting, and other freelance and temp gigs. If you’re just looking for something short and sweet, log in, input and showcase your marketable skills, and begin searching through their job database, using any parameters you desire. Once you submit a bid, you’ll receive an acceptance or denial – you may get a few rejections, but don’t sweat it. Negotiate the terms of your bid, and get to work. You have money to make.

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          14. Mturk

          If you’ve heard of crowdsourcing (and even if you haven’t), Amazon’s Mechanical Turk program is a great place to get involved. Much like at Elance, you input your info and skills. You then are able to search for different menial tasks ranging from identifying inappropriate web content to transcribing audio recordings to basic data entry work.

          Just like at any other job, the more work you do, and the better your quality, the more opportunities you’ll have to make money. The payouts are often small, and your payment is received in Amazon credit, but Mturk is a great place to make mindless money while veg’ing on the couch watching TV.

          15. LinkedIn

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            LinkedIn is a social media site for professionals. This isn’t a direct way to make money, but it’s a great way to connect to your current and potential peers, customers, clients, vendors, and more here. You’ll build a reputation and get in the loop on important developments in your chosen career path and/or industry. One day an old college buddy may hit you up for a dream job you never considered at the exact moment you are looking for a new vocation. Whether you like it or not, keeping your LinkedIn profile current is a great way to get surprised with new work opportunities out the blue.

            16. Care.com

            If you’re an experienced nanny or babysitter, Care.com is the place you want to make money. By listing yourself on the Craigslist of Childcare, you’ll broaden your reach and increase your odds of finding the right gig at the right time. You can be pickier with what kids you watch when you have the reputation and traffic to pull in more customers. Join Care.com and start making money by investing in the future of our youth.

            17. ThePirateBay

            I support bootlegging – I don’t see it as being immoral or unethical in any way. I used to bootleg quite a bit in my youth, and I still do on occasion today (although not yet today in particular, I more meant “in the present”). If you want to hustle for your money, do what you must, baby. Download some software, music, movies, or other assorted digital goodness here and start slangin. It’s not an easy life, but sometimes you gotta do what you gotta do.

            18. iTunes

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              If you’re a musician, writer, artist, tech nerd, pundit, or can produce any type of audio, video, or text worth consuming, you may be able to sell some stuff in Apple’s flagship iTunes store. By selling your work here, you’re able to stand next to the marketing clout of big business. You can make a healthy living off the iTunes store, and there’s no better time than now. Learn more about iTunes with this lifehack.

              19. Yelp!

              If you have a business, you want to get listed on Yelp! You may not use the software, but some people do, and they use it religiously (and I don’t mean they’ll kill you over it). By listing your business on Yelp!, you’re putting yourself on the map. From here, you also need to start using Yelp! Write reviews of places you go. It’ll be worth it in the long run.

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              Soon, you’ll have a dozen or so reviews under your belt and can hire yourself out as a Yelp! reviewer. There are ethical and moral questions to doing this, but the title of this piece is “ways to make money,” not “ethical ways to make money,” and I am a former Bank of America/Countrywide employee, so what’d you expect?

              20. Wikipedia

              Another seemingly free site you can make money from is Wikipedia. People who say it’s easy to edit Wikipedia have clearly never tried editing Wikipedia – it’s a pain. Thankfully it’s a pain for companies as well, so many of them are willing to pay editors to assist them in the editing process. You’ll become a bounty hunter in a way, choosing your own lines to cross and keep. If editing is something you like to do, and you’re willing to put in the work it takes to learn Wikipedia’s dispute process, roll up your sleeves and try this one out.

              21. Blogging

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                I make the bulk of my money from blogging. In addition to the advertising revenue streams mentioned above, I also receive flat rate payments for blogging from various blogs throughout the web. I’m paid to write as a whistleblower, financial analyst, reviewer, commentator, and more. Writing for other sites builds traffic to my personal blog. The traffic for this blog gives me clout to present to advertisers.

                To create your own blog, you don’t even need a web domain. You can start a completely free blog on either WordPress or Blogger. Each of these sites has its ups and downs, but you can’t beat the price. You generally want to keep blog posts between 150-500 words until you have a few dozen under your belt. Links between your blog posts encourage people to stay on your blog once they find it, increasing traffic. Once your blog is up, promote it on social media for the greatest effect.

                22. Kickstarter

                If you have a passion project, Kickstarter may be exactly what you need to get it off the ground. Celebs like Zach Braff and Melissa Joan Hart have used this site in attempts to fund their movie projects. Some crack dealers in Canada inspired a “crackstarter” campaign from Gawker for pictures of the Toronto mayor smoking crack with them. All you need is a dream, a goal, a budget, and a great pitch to convince people to come to the site and donate to your Kickstarter campaign. Panhandling isn’t dead – it’s gone digital…

                23. Extreme Couponing

                If you’ve never heard of extreme couponing, check out this lifehack on the subject. Once you’re versed on the idea, what you have to do is a bit difficult at first, but it’s a great way to both save and make money: go to hip2save.com and get a feel for the types of deals that are out there (both online and in the physical world). Once you’re comfortable with the process, start searching for the best deals in grocery, retail, and online shopping. After a month or two of extreme couponing, you’ll have enough cleaning, hygiene, and food supplies stocked up to save a noticeable amount of money. Now maybe you don’t need to make as much…?

                24. Social Media

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                  No matter what you do to make money online, promote it on your social media accounts. You have a base of people who are already interested in you and have a vested interest in your brand – why would you not want to take advantage of that? By promoting yourself and your projects on your social media accounts, you’re greatly increasing the chances of people actually giving you money in exchange for your goods and services. Stop being shy and get out there.

                  photo credit: Pinterest

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                  Published on May 7, 2019

                  How to Invest for Retirement (The Smart and Stress-Free Way)

                  How to Invest for Retirement (The Smart and Stress-Free Way)

                  When it comes to stocks, I bet you feel like you have no idea what you’re doing.

                  Everyone who’s not a financial expert has been there. I’ve been there. But, time is passing and you need to be crystal clear with how you’re investing for your retirement.

                  Otherwise, it’s back to work until you can afford not to. So, how can you invest for retirement when you’re not a financial expert?

                  You take the time to learn the fundamentals well. If you do, you can grow your wealth and retire happy. The best part is that you don’t need to be a financial expert to make smart investment decisions.

                  Here’s how to invest for retirement the smart and stress-free way:

                  1. Know Clearly Why You Invest

                  Odds are you already know why should invest for retirement.

                  But, maybe you know the wrong reasons. It’s time you get clear on why you’d like to retire. Here are some questions to help you get started:

                  • Will you spend more time with your family?
                  • What does retirement mean to you?
                  • Are you looking to launch that business you’ve been holding off for years?

                  Everyone wants to retire but not for the same reasons. Once you’re clear for why retirement is important for you, you’ll focus on making it happen.

                  Investing in the stock market allows you to take advantage of compound interest.[1] All this means is that your money earns money on top of its interest. A reason why investment in the stock market is one of the best ways to plan for retirement.

                  2. Figure out When to Invest

                  “The best time to plant a tree was 20 years ago. The second best time is now.”– Chinese Proverb

                  It’s true if you’d had started investing when you were 10 years old, you’d have a lot more money than you do today.

                  The reality is that most people don’t start investing until it’s too late. So, if you’re currently waiting for the perfect time to start an investment, it would be today. Open your calendar and block out 2 to 3 hours to choose how you’ll invest for retirement.

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                  A quick way to get a snapshot of where you stand is to use Personal Capital. Input all your personal information and spend some time setting your retirement goals. Once completed, you’ll know where you stand with your retirement.

                  Having a savings account for retirement isn’t planning for retirement. Why? Your money loses value when you factor in US inflation.[2]

                  3. Evaluate Your Risk Tolerance to Create the Perfect Portfolio

                  Investing your money well depends on your emotions.

                  Why?

                  Because when the market drops most people panic and withdraw their money. On average, the US stock market yields an annual 6% to 7% ROI (return on your investment.) But, this won’t happen if you’re worried about short-term loses.

                  Before you invest your next dollar, know your risk tolerance.[3] Your risk tolerance determines the number of risky and safe investments you’d have.

                  Regardless of your investing style, you need to view investing for retirement as a long term game. Know that some years you’ll lose money but recoup this in the long-term.

                  Avoid watching market-related new. Also, create a double authentication to log in your investment account. This way you’re less likely to withdraw your money.

                  4. Open a Reliable Retirement Account

                  Depending on your circumstance, you may need to open a new brokerage account. This is the account is where you’ll invest your money.

                  If you’re currently working for a company, odds are that they offer a 410K investing account. If so, here’s where you’ll invest most of your money. The only problem with this is that you’re limited to the stock options that are available.

                  You do have the option to open a separate IRA (individual retirement account.) Here are some of the best brokers:

                  1. Vanguard
                  2. TD Ameritrade
                  3. Charles Schwab

                  5. Challenge Yourself to Invest Consistently

                  Committing to invest for retirement is hard, but continuing to do so is harder.

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                  Once you’ve started investment for your retirement, you run at risk from stopping. Often you’ll want to contribute less, so you’d have more money in your pocket.

                  That’s why it’s important that you create a budget that allows you to invest each month. If you’re working for a company, you can set a percentage for the amount you’d like to contribute each month. Most people by default contribute 1% but aim to contribute 10% to 15%.

                  Be the judge for how much you can afford to contribute after covering important expenses. To stay motivated, use Personal Capital to view your net worth.

                  A benefit to contributing money to your retirement account is not taxed. For example, if you earn $100 and invest 10%, you’d contribute $10, then get taxed on the remaining $90. As of 2019, the most you’re able to contribute towards your 401K is 19K but this can change.

                  6. Consider Where to Invest Your Money

                  The most common way to invest your money is in stocks, but it’s not the only way. Here are other ways to invest:

                  Robo Advisors

                  Robo-advisors[4] are fancy algorithms that’ll choose the best investments for you. Sites like Wealthfront make it easy for first-time investors to invest their money. You’d input information about yourself and set your risk tolerance.

                  Then, set your monthly contribution amount and your robo-advisor would do the rest. Robo-advisors charge a fee to manage your money, but less than regular advisors.

                  Bonds

                  Think of bonds as “IOUs” to whomever you buy them from.

                  Essentially, you’re lending money and charging interest. Like stocks, not all bonds are equal. Some will be riskier than others depending on their rating.

                  Here are the different types of bond categories:[5]

                  1. Treasury bonds
                  2. Government bonds
                  3. Corporate bonds
                  4. Foreign bonds
                  5. Mortgage-backed bonds
                  6. Municipal bonds

                  Mutual Funds

                  Picture a group of people dumping all their money in a jar that’s managed by a professional. This is how mutual funds work. The fund manager manages the money looking to earn capital gains (interest.)

                  One of the best types of mutual funds is index funds. Since these funds don’t try to beat the market and instead follow it, they need less research. Because of this they often charge the lowest fees and yield the best long-term results.

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                  Real Estate

                  Yes, buying a home is an investment when done correctly.

                  Imagine buying a home and using it as a rental property. After repairing it, you receive a monthly surplus check of $100 to $200.

                  This may not sound like a lot, but repeat this process enough times and you’d earn a large amount of passive income. That’s why real estate is one of the best investments to not only retire but become wealthy.

                  But, it requires a lot of money to start and you should expect losing money along the way as you learn the process.

                  Savings Accounts

                  Your money can still grow in a savings account. Nowadays most online banks offer a 2% annual return. Although the average inflation is higher your money will be available when you need it.

                  7. Master Disincline to Dodge Short Success

                  Investing for retirement is a long-term strategy. That’s why you need to master delayed gratification. All this means is delaying short-term pleasure for something bigger in the future. Research shows that those who have delayed gratification are more successful.[6]

                  So how can you master delayed gratification?

                  By building your discipline.

                  Think back to what retirement means to you. A clear purpose will help you avoid withdrawing your money during a market downturn. It’ll help you contribute more towards retirement when you’d want to waste it instead.

                  Your journey towards retirement will be long, so reward yourself along the way. Choose a reward that’s relevant and meaningful, so that you reinforce positive behavior. For example, after contributing more towards retirement, treat yourself to dinner.

                  8. Aggressively Invest on This One Investment

                  I’ve mentioned several types of investments but haven’t covered the most important one.

                  It sounds cliche but here’s why you’re your best investment towards retirement. The more you know, the more money you’ll be able to make. The more good habits you adopt, the more secure your retirement will be.

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                  More importantly, investing in yourself is an investment that no one can take away. There’s no market downturn nor tragic circumstance that’ll wipe your knowledge and experience.

                  But, how can you invest yourself?

                  Reading books, blogs, and anything that’ll help you learn new topics daily. Listen to podcasts and audiobooks on your commute to/from work.

                  Save money to buy courses and hire coaches. I used to believe hiring coaches was a waste of money when I could learn the subject alone.

                  But, coaches see your blind spots and hold you accountable. Hiring the right coach will help you achieve your goals faster than you would’ve alone.

                  Retire Happy with Excess Money

                  The key to a secure financial future doesn’t only belong to financial experts.

                  It’s possible for you and I. What if you were able to retire earlier than most people and weren’t a financial planner? What if you were able to focus on what you enjoy doing the most while your money was working hard for you?

                  I know this sounds impossible now, but the truth is you’re capable of taking charge of your retirement. I’m not a financial expert but I’ve learned how to invest my money by reading books and learning from others.

                  Investing your money is scary. So start small and invest a small amount of your money with a robo-advisor. Feel your money drop and rise for a month or two. Then, invest more and keep this up until you’re aggressively saving for retirement.

                  One day, you’ll wake up with a net worth you’re proud of – confident about your retirement. You now know a few strategies you can use to invest in your retirement. Will you take action to retire happy?

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                  Featured photo credit: Matthew Bennett via unsplash.com

                  Reference

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