5 Ways to Make Money Online

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Have time on your hands and want to make some money on the side online? Here are some ways with which you can start earning some money – with varying degrees of hard work and investment.

Forex Trading

  • Forex Trading

To begin your Forex trading journey, you will first need to learn all the basic terminology of the industry. Once you know what is an ‘ask price’ and a ‘spread’, decide which currency to buy and sell. Next, research and open an online forex brokerage account where you start looking at how much and where you want to invest. After placing your order online, start monitoring your profit or losses on your end.

Freelance Work

  • Freelance Work

Freelance work can be found easily online. Sites such as Upwork offer a platform for employers to state what work they need done and how much they will offer, something which people in the online community bid for in return. At the end of the process, someone is hired and a contract between the two parties is agreed. Upon completion of the work, payment is sent directly into your bank or Paypal account.

  • Surveys

Companies need a sense of public opinion of new products or new services and use survey sites such as YouGov, Global Test Market or Swagbucks. By registering yourself on any of these sites, you then earn points for each survey you take. At the end of the day, the accumulation of points can then be exchanged into a cheque headed your way.

  • Blogging

Do you love to write content? If so, this is the one for you! Choose a topic which you have a keen interest or in-depth knowledge about and start your blogging journey. Write detailed instructions on posts teaching readers how to get something done – how to start a blog, how to code etc. Once done, you can start to monetize your site through Affiliate advertisement – where you allow third parties to place advertisements on your blog and you get a portion of the revenue based on each click on these banners.

Online Store

  • Online Store

Have crafts you love? Start an online website for an e-store selling your goods! Be it handmade cards, leather goods or wood carvings, there is a market for your goods out there. Start your website and make sure to take photographs of your goods. With this, you are all set!

 

Now you’ve got a lot of different opportunities to start making money online. If you found something that interests you, try it out and learn more about it. If you’re really wanting to make a full-time income online, you need to be dedicated to learning how to do what you want to do. There are tons of free resources out there, you just have to search for them! Good luck!