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The 5 Best Websites To Make Money Online

The 5 Best Websites To Make Money Online

The internet is a beautifully simple marketplace for people to make money, and get paid for their services. We’ve compiled the five best places for you to make money online, whether you want to start your own business – or just make a little extra on the side.

Site 1: Elance

elance screenshot

    Elance is the Internet’s biggest marketplace for legitimate freelance work. And, it’s my personal favourite of all the websites in this list.

    It provides a simple interface that allows you to search for jobs in any kind of niche. From Writing and Translation, to Web Design and Programming.

    Basically, people post jobs they want doing on the website, and you submit a proposal for it. It’s that simple. 

    Regardless of how much money you want to make, the possibilities are endless: there are freelancers on subscribed making $1,000 to $100,000 a year.

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    Pros: Free service. Simple to use. Easy to manage Tax Documents. Verified, trustworthy jobs.

    Cons: Can be slow to become established. Bad Freelancers willing to work for $1-$2 an hour.

    Site 2: Fiverr

    Screen Shot 2014-08-25 at 08.36.25

      Fiverr is a long established freelance site where everything costs a $5 minimum. It’s a simple and easy to use website, where you post the services you can provide: and if someone needs them, they’ll pay you to work.

      It takes the traditional Freelance way of working and turns it on it’s head. It also ensures you get paid before you complete any work so that you never find yourself ripped off.

      There is also scope to earn more than your $5 per job, with different levels for different services, such as: early delivery dates, extra work or ‘bolt-on’s for your services.

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      Pros: Protected payment before work. No marketing required. Work is on your terms. Quick and Easy to set up.

      Cons: Lots of competition for work. Hard to establish a business. Have to do your own accountancy books. Not much scope to build a solid income.

      Site 3: oDesk

      Screen Shot 2014-08-25 at 08.40.02

        oDesk is somewhat of a sister company to eLance, that helps freelancers find work in a wide range of areas. Out of the two sites, it’s down to your personal preference: but the oDesk’s design and Payment tracker app set it apart from the competition.

        This is a great website to get started on as a beginner as the average prices for jobs is lower, and it’s much easier to establish yourself as an up and coming freelancer.

        Pros: Good design. Simple set up. Great for beginners. Easy to use interface.

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        Cons: Prices can be too low if you’re looking to build a big business.

        Site 4: Craigslist

        Screen Shot 2014-08-25 at 08.45.54

          Craigslist isn’t a site you’d think synonymous with Freelance Work – but it’s actually a hub of jobs and work to apply for.

          It’s a simple and easy to way to start to build a portfolio and make some money in the process. The normal client can vary between local businesses, college students and someone looking to get work done as quickly as possible.

          Air on the side of caution though, as sometimes you can find yourself chasing money for work you’ve done.

          Pros: Easy to get started. Low pressure environment. Constant stream of new jobs. Easy money.

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          Cons: Not always reputable clients.

          Site 5: Freelancer

          Screen Shot 2014-08-25 at 08.41.55

            Freelancer is a ‘gameified’ version of the sites eLance and oDesk mentioned earlier. You have the ability to ‘level up’ by earning experience points from the projects you complete and the milestones you hit. There are no shortage of jobs on these sites and everything is channelled depending on your skills and abilities.

            Freelancer doesn’t have a free option that is as flexible as it’s competitors, and you find yourself paying to take tests and complete certain tasks.

            This plays into the hands of people posting projects, as it shows you’re committed and established, but it doesn’t really help you if you’re just getting started.

            Pros: Fun and easy to use interface. Interactive spin on normal freelancing. More reliable jobs than any other source.

            Cons: Paying for tests and membership makes it hard to access for low-budget new starters.

            Featured photo credit: Sanjay Kalyan via flickr.com

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            Last Updated on June 26, 2020

            25 Easy Tips on How to Save Money Fast

            25 Easy Tips on How to Save Money Fast

            “How to save money fast?” This is the question asked by all of us not in the top 1% of rich people.

            If you are looking for ways to drastically reduce your expenses immediately, first look at what you need to spend money on every week. And I mean really need.

            You don’t really need to order in food. You don’t really need to buy expensive perfume.

            Building from that, you can work out how your regular expenses can be reduced.

            As for irregular expenses, they can also be deceptively costly in the long run. Once-off buys can also be tackled with some prudent planning and a little extra research.

            And remember: a budgeted lifestyle does not mean a bad or boring one!

            But first, understand what budget you can cut down on daily:

            • Regular expenses for the average adult (can be trimmed but not eliminated):
              • food
              • rent/mortgage
              • cell phone
              • insurance
              • socializing/entertainment
              • transportation
              • hygiene products
              • household bills
            • Irregular expenses for the average adult (can be eliminated or cut down a lot):
              • travel
              • clothing
              • medication (*depends)
              • grooming (hair, nails etc.)
              • gifts

            Now, let’s dive right into the 25 ways to save money fast:

            Save Money on Food

            1. Bring a stock of food to the office/work

            Instead of popping out for an overpriced salad and a smoothie, leave a set of basic utensils at the office as well as a stock of non-perishable goods such as tinned fruit, tuna, rice crackers and so on (try to avoid the junk food and this can turn into a pretty great diet!).

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            Stocking up means you won’t forget or say “I didn’t have the time” when you rushed out to work in the morning.

            2. Buy the store-brand version

            Many basic foods, such as bread and milk, will taste exactly the same as their branded alternatives. Go for stuff with minimal additives and preservatives. Meat in a tube is probably insanely unhealthy!

            3. Eat cheaper cuts of meat

            Learn how to tenderize and flavour cheaper meat and fish, and save on the (typically) most expensive item on your grocery bill.

            4. Have group dinners

            If 10 friends put $5 each in the kitty, it’s pretty easy to make a giant lasagne and get refreshments, as well as hang out with your favourite people.

            Save Money in Transport

            5. Get a bicycle

            Save on gas money and bus/metro fares with this underrated mode of transport.

            6. Use public transport and/or don’t get taxis

            Some places can only be reached by car. But as a good practise, check your public transport website and see if any routes pass nearby where you need to get to. Walk as much as you can.

            7. Find the cheapest gas

            Regularly check out where the cheapest gas can be bought.

            Save Money in General Shopping

            8. Shop online

            Not only will you save on the gas or transport fares from going to the shopping mall but you will also find better deals

            9. Sell your old stuff

            Get your unwanted belongings up on eBay ASAP and earn a few dollars.

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            Here’re more ideas for you: 25 Things to Sell to Make a Lot of Money

            10. Bulk buying stores

            For regular non-perishable/slow perishable purchases such as toilet paper, cat food, pasta, washing powder and so on, do an epic stocking-up trip to a co-op or equivalent (my mum used to go to a place that restaurants buy from).

            Be wary of supermarket “deals”, as some have been found to be fraudulent after working out a simple calculation.

            11. Become a flea market/car boot sale/street market guru

            You can find original gifts and develop good negotiation skills at these places.

            12. Generic brand medication

            More often than not, the generic version of paracetamol and other basics work the same as the branded version.

            13. Choose deodorant, not perfume

            It blows my mind when someone drops $70 on a bottle of spray. Stick with a nice deodorant, and not only will you smell just fine but you’ll be sweat-free as well!

            Cut Down on Household Expenses

            14. Printing

            Ink is one of the most expensive substances in the office and coloured ink is doubly so. B

            e more efficient and choose black and white, and if your printer doesn’t have a print-both-sides options, just print odd pages first, re-insert the paper and print even pages.

            Expand the margins of what you are printing as often as you can to save on paper.

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            15. Minimize SMS and phone calls

            A combination of a free chat service such as WhatsApp and a free call service such as Skype can reduce your bill to nothing (so long as you have a decent Wifi connection).

            16. Shop around for insurance

            Most people don’t spend enough time searching for the best insurance deal.

            Keep a watchful eye out for deals and new competitors in the market.

            17. Try re-negotiating your rent/mortgage

            If you have built up a good credit history or a good rapport with your landlord, then chances are a frank chat about needing to tighten your spending could result in lowering your payments. You’ve nothing to lose from trying.

            18. Don’t get a TV

            Invest in a computer/laptop and an internet-only package. You can watch more (and often better) entertainment on the web, and skip the advertisements as well.

            19. Pool your internet bill with a neighbour

            My apartment building is basically a big old house split into three apartments. There are five of us in total. We pool the internet bill, making it crazy cheap.

            Save Money in Socializing, Entertainment And Travel

            20. Have house parties

            Instead of paying for overpriced drinks, set up a series of in-house get-togethers with your friends. Everyone takes a turn, so it’s not always your house that needs cleaning.

            For sound insulation, hang heavy drapes on the walls and windows. For music, invest in a good second-hand set of speakers which you can connect to your computer. Let Spotify or Grooveshark playlists do the rest.

            21. Open festivals, meetups and events

            It never fails to surprise me how much underground stuff goes on around me for free or for very cheap. Find out who runs the blogs and websites that list all the less well-known cultural activities.

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            22. Volunteer

            If you can’t pay for a ticket, volunteer and get to be there anyway.

            23. Housesit

            There are multiple housesitting websites offering you the possibility to avoid paying hotels and skip the discomfort of crummy hostels.

            Save Money on Hygiene and Beauty

            24. DIY beauty

            French manicures, pedicures, waxing, eyebrows… pretty much all of these can be achieved at home (and done well) with some practise. There are plenty excellent blogs and YouTube tutorials to help.

            25. Fewer haircuts/volunteer at a trainee hairdresser

            If you can’t bear the risk of a trainee touching your locks, learn more ways to manipulate your hair as it grows and get haircuts sparingly. Women’s haircuts are outrageously priced in many cities.

            Bonus: Effective Money-Saving Tips for Everything

            Here’s a summary of what you can generally do to save more money:

            • Share/pool resources. Organize a neighbourhood sharing scheme, common resources for your apartment block or with your friends. Not everybody needs an individual lawnmower.
            • Buy energy-saving everything. The easiest way to lower your bills – replace those lightbulbs!
            • Buy in bulk. Be sensible about it (i.e. make sure you have space!), and drastically reduce weekly expenditure.
            • DIY. Skill up using YouTube tutorials on plumbing and many other essential services so you never have to pay for simple problems again.
            • Research a lot before making a decision. Most money-wasting is the result of poor preparation and planning. Don’t shirk this part just because you don’t like it!
            • Use your network. Your network is full of resources that can ease the pain of budgeting. Ask for help.
            • Stop and think. Do I really need it?

            Unfortunately, there are some things that require plain ol’ giving up for the time being. This can include high-cost sports such as skiing, the latest versions of some technologies, the finest brands of food/drinks, premier seats at the opera and most other indulgences.

            What is important to remember during lean times is that when you look back on your life, it will be the experiences that stand out, not the extra comforts.

            Living on a budget can teach you a lot about how much you can really get out of your paycheck. We only live one life, so make the most of every penny you earn!

            More Tips for Personal Finance Management

            Featured photo credit: Unsplash via unsplash.com

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