In this day and age, managing one’s personal finances in a secure manner that allows the user to have a real-time visual representation of their money is easier than ever before. With the numerous applications that are out there — both free and subscription-based — there’s no reason that every person can’t take control of their money and ensure they’re making smart money moves.
I started reading your e-newsletter since I found out about you from Mo Money Podcast. I love this content and I can tell you what my side hustle is that was not mentioned here. I have been a virtual translator via Upwork (freelancing platform). Since I’m originally from Japan, I started offering beginner to intermediate level translation last year. Since then, I have delivered over 6 dozens projects all satisfactorily. I like that each and every project is so unique and it really stimulates my brain and challenge myself to deliver high quality translation services. My hope is that one day when I get pregnant or want to stay home with my babies, I can just do this freelancing job and quit my 9-5 job. Upwork offers so many types of freelancing jobs other than translation, so I recommend to anyone who wants to capitalize their underutilized talents.
Ratings. Whenever someone buys a book from you, they will have the opportunity to give the transaction a rating. This is when they’ll tell other potential buyers whether the book was in the condition that you described, whether it was mailed on time, and if your communications were pleasant and helpful. One bad rating can hamper sales, and a couple of them can downright stop them. Excel at customer service and your ratings will help your company grow.
Develop a content-based website. A content-based website provides information on a specific subject such as baking pies, designing kitchens, or repairing bicycles. You don’t need a product or service to get started - just a good idea. If you know a lot about a particular subject, consider sharing your knowledge with the rest of the world. And while you’re at it, why not make a few bucks?
pro tip: don't get sucked into all the shinny objects IM people like to sell because it's usually just an expensive distraction at best. Use common sense at all times. Having said that... don't be too closed minded because they're is that 10% that can take you to the next level. The real trick is knowing the difference which is part experience and part having a good mentor.
For many years, freelance writing has been a great opportunity to earn extra cash with a flexible schedule. The latest online content need is video. If you can turn your client’s written content into professional, high-quality video, you may find yourself with no shortage of business. And these don’t necessarily need to be you in a “talking head” video. They could be PowerPoint presentations, screencasts, photo montages, animations and more. Use an optimization service like TubeBuddy to help them get even better rankings and engagement on YouTube.
I wrote an entire article about this, but I generally tell people to wait it out for 6 to 12 months before you start seeing any revenue. Most of this really depends on YOU. Some people are able to learn quicker than others, but the main thing is how quickly you can create kick-butt content for your site. The more content you write, the more likely you will begin ranking in the search engines. Just notice that my websites have 100’s of pages of content and I continually add more. How long will it take you to write 100 to 200 pages of content? That’s about how long it will take.
tomlgfouremom …so with that logic, you’re saying that roughly ONLY 319 people in the US have become rich by messing with youtube in some way? You really are a certain kind of special aren’t you. The top 1000 hell maybe even 10,000 or more youtube account holders are what most people would consider rich in some part due to youtube…so please tell me where you get your low standards from. Don’t believe BS that people tell you, especially when it’s negative, if someone says it can’t be done, it only means it can’t be done in THEIR mind, doesn’t mean it’s impossible, or even close to impossible. If you love something, go for it, jump, and maybe you might land on the other side…regardless if you do or not, there’s no loss. You either die doing what you loved for most of your life, or you died rich doing what you love….so screw the negativity!
You don’t need to buy an expensive camera or drone. You can produce top notch quality videos using just your smartphone. One thing that you do need to work on though, is the editing. Get very good at editing or pay somebody to do it for you. It would be great if you took the trouble to learn to edit well. it’s a useful skill that will pay off very well in the long term. Psst…it’s not that hard – really!
If you have a knack for organization, you can make money online as a virtual assistant helping people to keep their days in order. A virtual assistant will do everyinthing from bookkeeping to research, database entry, booking travel, and managing email. It can also be an awesome way to rub shoulders with some very important people, build up your professional network, and of course grow another stream of income. You can find great gigs on UpWork, Fiverr, Indeed, and Remote.co.
Choose a product that is relevant to your audience. Think about the traffic that will be visiting your blog. If you are writing a blog about sewing, it might not make sense to have affiliate links to weight lifting equipment. Chances are your readers wouldn’t be interested in that product. This means they would be less likely to click on the affiliate link, let alone purchase something through it.
Research other listings in your city on AirBnB and see what the going rate is for a place like yours. You could also just rent out a private room as well or even a bed in a shared room. In fact, that's how AirBnB got its start. However, you might find it hard in the beginning without reviews, but as long as you take really good care of your guests and provide a lot of value, the reviews will eventually come rolling in.
It's the perfect option for videos managed by charities and nonprofits, but even for-profit businesses and independent creatives can publish videos and YouTube Live streams that encourage contributions from their audience. Streaming platforms such as Twitch.tv, which webcasts video games and general interest content, sees accounts that are two years or older make $80 in "tips" per year on average.
If you're looking to address some immediate financial needs, then the app economy is likely right for you. Thanks to the global sharing phenomenon, launched in part by our smartphones and ever-burgeoning global connectivity, you could easily opt for some quick active income by using well-known apps. From ride sharing to deliveries and even quick tasks, there's an app for that today, as the saying goes.
Until last month, pretty much any random person could enable the “monetization” setting on their YouTube account and get ads on their videos, allowing them to earn a fraction of a cent for every time a person viewed or clicked on their content. That all changed in January, however, when Google (YouTube’s owner) announced new standards to merit those ads. Now, to be accepted into the “YouTube Partner Program” and monetize your channel, you need a minimum of 1,000 subscribers and 4,000 hours of watch-time over the past 12 months; your videos will also be more closely monitored for inappropriate content. Meanwhile, YouTube also promised that members of “Google Preferred” — a vaunted group of popular channels that make up YouTube’s top 5 percent, and command higher ad dollars because of it — will be more carefully vetted. (These shifts followed the Logan Paul controversy, as well as a brouhaha about ads running on unsavory content, such as sexually explicit or extremist videos.)
How much will you make? I think my best month with Google AdSense was almost $5,000 over the last ten years. That amazing month blew my mind since it was actually near the beginning of my blogging journey. When you go from making zero to $5,000 in a month, that will rock your world. For me, it also got me even more excited because I knew there were other ways to monetize.