Starting a blog has multiple benefits making it a worthwhile money making idea. You can use it to build out your portfolio to land higher quality positions. Or you could build it to earn money online. It’s an asset. With a blog, especially a personal one, you could build up your brand to become an industry expert. And if you’re thinking about how to make money from home, try blogging. As you become more popular, you can potentially land speaking opportunities, book deals and other cool gigs.
Set up an account on Rover.com. Enjoy furry company once in a while? These days, many professional pet-sitters set up an account on Rover.com. With Rover.com, you can reach people in your area who are actively looking for someone to watch their dogs, cats, hamsters, or turtles, either in their home or your own. You can set your own rules and schedule and come up with your own pricing through the Rover.com pet-sitting platform.
WeReward: This iPhone and Android app allows you to complete small tasks (ex. taking a photo of yourself with your favorite beverage or eating at a new establishment) for points that translate to cash. Though the per-task reward is small, there are millions of participating businesses and the points can add up quickly. The location-based rewards are best if you already have an active lifestyle and won’t have to force yourself to starting eating/drinking out all the time.
If you're not self-employed and work for a company, find out if they have a retirement plan. If you're lucky, employers will sometimes match contributions you make into a retirement fund. Retirement plans also often have the benefit of being tax-deferred. The longer you get to keep your money (and make interest on it) the better. It's never too early to start planning for retirement.
Like mentioned in a previous section, you’re going to need to do a lot of outreach to ensure you make money fast. You can’t expect to land a client with every attempt. If you’re desperate for money, you need to be desperate to find clients. So apply to at least 20 postings per day if you’re holding a full-time position. More if you’re currently unemployed. By sending personalized messages, you’ll have a better chance of landing a client which means a better chance to make money online.
Whether you want to become your own boss, start a side hustle, or earn extra money on the side, any of the strategies listed above can help. By finding ways to increase your income, you can free up more cash to pay down debt, save for the future, or invest for retirement. Saving money is only half of the equation. And if you truly want to get ahead, you might want to figure out how to make money – and hopefully, lots of it.
Another kind of dividend to collect is from real estate investment trusts, or REITs. A REIT is a company that owns apartments, office buildings, shopping centers, medical buildings, storage units, and/or other real estate properties and is required by law to pay out at least 90% of its earnings as dividends. REITs aim to keep their occupancy rates high, collect rents from tenants, and then reward shareholders with much of that income.
Sell blood or donate plasma. Plasma is a component of blood, and the process of extracting it is similar to donating blood: your blood is drawn, the plasma is separated, and the red blood cells are returned to your body. Laws may not technically permit you to sell your plasma, but you can be compensated for your time spent donating. In the United States, you can make about $200 a month by registering with a plasma center near you.
Write and publish an eBook. You don’t need a traditional publisher and financial backing to publish your own book anymore. In fact, Amazon.com makes it possible for you to publish your own eBook and sell it independently – with no financial investment on your part. And with Kindle eBook publishing, your book will appear on Kindle stores worldwide within 24-48 hours. Just be prepared to market it yourself on social media, your blog, or elsewhere if you expect to generate sales.
Mow lawns or plow driveways. If you’re willing to mow yards or shovel or plow snow in the winter, you could easily start your own snow removal and lawn mowing business on the side. While you can usually find work by reaching out to your local community via word-of-mouth, flyers, or online message boards, the website Plowz & Mowz allows you to set up an online profile and reach more customers in your area.
Moreover, one has the freedom of dressing and can work in casual clad, not necessarily suiting up. For the parents who have to split between home chores like childcare responsibilities, are able to create balance between work and home. One does not have to commute thus saving on gas and also commuting time. Convenience for example in sales where one is closer to clients than when at work. Finally, there is access to a wider pool of applicants for example the disabled who prefer to work from home.
6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following. Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).