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.
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.)
Well, I live frugally. I'd be happy with 50k a year currently but would like to attain 100k if possible. My thought is if I make 1k a month off something with almost no effort making 4-8k a month is something I can attain, however I haven't researched much in this field so If I go back to college I will have the tools needed to obtain what I would like. The more work I put in the more my client/affiliate base will accumulate so next year that 1k a month could be 2k and within 4-5 years the site I market could be up to 5k a month.
Once you have created an AdSense account (or tied your YouTube channel to your existing account), you are taken to your Upload Defaults screen. About halfway down the list of options is a tick-box labeled “Monetise With Ads.” You need to click this box, and you will be asked to confirm that you own the copyright to your videos and that you understand what you're doing.
Tools. You don’t need much to work as a home-based freelance writer, but there are some tools that you must have. The most important will be your computer. Get the fastest Internet access that you can afford. It doesn’t matter what kind of computer you get. Just make sure you’re comfortable enough to spend a lot of time with it. Most clients will request that you submit your work as a Microsoft Word document, so make sure that whatever programs you use are compatible. In addition, because you’ll be spending so much time at the computer, make sure that you have a good work area with proper lighting. Some clients will want to be able to reach you by phone or Skype, so have both set up and accessible. You’ll need an invoicing program, such as Freshbooks, and a good bookkeeping system to keep track of sales, orders, and accounts receivables.
We all know we should be investing money, but it isn’t always as easy as it sounds. This is especially the case for those with limited dispensable cash or inconsistent income. Acorns (get $5 to invest when you sign up through this link) is an app that will allow you to round up your everyday purchases and invest that spare change. While you may be unable to write a sizeable check for investing each month, you may not notice an extra $.25 tacked onto your morning Starbucks. Stockpile is another micro-investing platform I love. Get $5 to invest free when you sign up here.
Affiliate marketing is an effective money-making strategy for countless online entities – however, as straightforward as it is in theory, success is rarely as easy as it looks. The best way to build a dedicated audience for any blog is to carefully and clearly define its target audience right from the start, and then create content that caters to that audience. It is also considered as important strategy for creating and publishing a successful blog is to develop content that isn’t readily available elsewhere in the blogosphere or on the web. Eventually, thanks for sharing your experience with us.
Listen guys, everyone has a different experience with YouTube and Adsense. The best way to see how much you’ll make is to try it out for yourself. But I can tell you, I’m a full time college student who pays all his bills from Adsense money. It is possible to live off of. Just make your videos about popular topics, i.e. Parodys, movie reviews, fan films, etc.
Show you love your content: You need to be creating videos about something you love. Having a passion for your videos will make an affect on how they're received - if you seem interested, chances are your viewers will be too. If you don't love what you're doing you'll soon get bored and the videos will start to reflect that. Passion comes first, and the money comes second!
Improving communication, which leads to business growth. We all know what it’s like to have an avalanche of messages waiting in our inbox or voicemail, which makes it hard to stay up to date on everything necessary. As a virtual assistant, your job could be to make sure every important email gets a good reply in good time, which can help a business build trust among its customers and employees.
So, where are we supposed to turn to make money the legitimate way online? This isn't just about generating passive income; this is also about finding ways and means to create an active income through the conveniences afforded to us by the internet that will not only help us with our debt obligations, but also empower us to save, invest and get really rich in the future.