10 Great Ways to Make Money Online From Home
Some of the links in this post are from our sponsors. Read our disclosure to see how we make money.
Finding ways to make money online from home seems like a hot topic these days. If you ask me, the craze over work from home jobs is understandable because you can make good money doing it. Today, I cover some of the reasons why you’d want to look into how to make money online and what some the benefits are to earning income this way.
Why it’s simple to Make Money Online from home
Aside from the obvious reason of having more money, making money online is something you can do from anywhere with a laptop and an Internet connection. That may be your home but it could also be a coffee shop or library too. Being able to work from home can mean flexibility if you can create your own schedule, work as little or as often as you like, or work online and earn money from anywhere in the world.
The best part about earning extra money is that you can use it for so many goals. When you make money online, you can put it toward paying off debt, saving for retirement, saving for a car or house, saving for your child’s college education or even just to have some play money for entertainment or guilt-free travel.
There are many unique ways to make money online from home so you can try out different options to match your skills so you can see what works for you.
legit ways to make money online from home
If you’re interested in making legit money online from home, here are ten ideas to consider.
1. Become a Teacher
If you’ve always wanted to teach but didn’t know if you’d be able to support yourself with the job seeing as how many teachers earn a lower salary, consider becoming an online instructor.
You can teach through sites like EF Education First and make up to $20 per hour. What you need is to be fluent in English, have a desire to teach, and a college education, along with basic computer skills.
Cambly is another great option that allows you to teach English from home via video where you chat with students wanting to learn the language. Cambly pays $10 per hour for your time,
Read our guide on other top online tutoring companies to learn about more opportunities to earn cash in this role.
While it won’t allow you to earn a full-time income, taking surveys is a simple way to make money online from home. Taking surveys is a great, mindless way to monetize your down time that will let you pad your wallet.
Below are some of our favorite survey sites:
Survey Junkie: One of the top survey sites and they pay cash directly to your PayPal account
Pinecone Research: They pay $3 per survey and they pay cash directly to your PayPal account
Opinion Outpost: One of the top survey sites in the space and they have quarterly $10,000 prize drawings
InboxDollars: Earn money for taking surveys, watching TV or making purchases online. Get $5 just for signing up
To improve your earning potential, you can sign up for a few different sites and take surveys regularly during your spare time, whether you’re watching a television show or listening to music.
3. Investing in the Stock Market
Investing may seem like an odd way to make money online, but since you’re likely going to use an online brokerage to do that, investing definitely fits. Investing plays a key role in your overall financial health and growing your net worth.
Whether you’re saving for retirement, saving for college or something else, the stock market can help you accomplish those goals.
Thanks to the growth in the robo-advisor space, anyone can start investing as they manage your investments. Brokers like Betterment let you start with no minimum balance and aligns your portfolio with your goals.
4. Invest in Real Estate
Like the idea of investing, but hate dealing with the stock market? You can invest in commercial real estate from the comfort of your home – and you don’t need tens of thousands to start.
You can invest in commercial real estate through Fundrise, starting with as little as $500. You often need to be an accredited investor to invest in commercial real estate. That’s not the case with Fundrise, making real estate investing possible for more individuals looking to create a stream of passive income.
RealtyMogul is another good option to invest in real estate. You need to have $1,000 to start, but has lower fees than Fundrise.
5. Run an E-commerce Store
E-commerce is a big business, racking up trillions of dollars in sales each year. You can be a part of the e-commerce space by selling products from your home. While this does take time to get up and running, it can be a lucrative business.
No, this does not mean your storing products in your home. Thanks to drop shipping you don’t have to store a single item in your home. When a customer orders a product from your e-commerce site, you get the item from your wholesaler and it’s shipped by a third party.
Shopify is a platform that helps you set up and run an e-commerce site. They provide a wealth of training resources to help you launch your site, and they also help you design the site so it looks professional.
They also help you manage many of the administrative aspects of running the business from handling payments to managing taxes on purchases.
Shopify offers a free 14-day trial to test out the platform and they offer a variety of paid plans after your free trial is over. You get to pick which one meets your needs and can upgrade or downgrade at any time.
*Related: Looking for other ways to make money? Check out our guide of passive income mobile apps that let you grow residual income.*
Shopify also integrates with Amazon and eBay so you can get in front of as many customers as possible. If you’ve ever thought of running your own business, Shopify can be a great option to sell products online.
6. Affiliate Marketing
If you have a blog, YouTube channel or another type of audience large or small, affiliate marketing is an option to make extra money online. Affiliate marketing involves promoting a third party product through a review, link or advertisement. When a click or sale is made, you earn a commission. Over time, those commissions can add up to some nice passive income.
The main rule is to disclose that you’re using an affiliate link and how affiliate marketing works so your audience is aware. Once you embed the affiliate link into your content or use an ad, you can just set it and forget it.
In order for affiliate marketing to work, it’s important to only post links that are relevant to your audience for products and services that are legit and helpful. If you are just posting spam or referring shady companies, your audience might get turned off and not trust you. Affiliate marketing needs to be as natural as possible.
I saw a good example of this when watching a YouTube video from one of my favorite vloggers. I am a huge Game of Thrones fan and I follow this YouTube channel that highlights a ton of theories for the show.
The host of the episodes recently referred a book to viewers that the show was based on in order to learn more about the series and where he gets his theory ideas from.
He quickly disclosed that his link in the description was an affiliate link and he also explained how affiliate marketing works. I thought it was very tasteful and relevant so I didn’t mind. Plus, I felt no pressure as a viewer to make a purchase and that’s key. Affiliate marketing can be very lucrative if done right.
If the idea of making money through a blog seems impossible or overwhelming, don’t let that hold you back. You can start a blog for as little as $2.95 per month, when you sign up through our link, with Bluehost and they’ll get you do all the work for you to get a site up and running.
7. Create Courses
Do you have expertise in a particular area? You can make money creating courses to sell online.
There is a lot of demand for online courses. Creating the materials for an online course does take a good bit of work in the beginning, but once you get everything done it can be the best source of extra money – passive income.
Teachable is a great platform to host and market your course. Once someone buys your course, everything is automated through the Teachable platform as they take care of all the work.
8. Freelance Writing
Freelance writing is probably one of my favorite legit ways to make money online from home because it’s flexible, fun and the income potential can be limitless. I recently left my traditional job to freelance full-time; now, the bulk of my client work is freelance writing and I love it.
If you like to write, you can earn money writing articles or blog posts for other websites or ghostwriting pieces as well that don’t include your byline. What I like about freelance writing is that you can find clients in any niche.
It’s best to write about subjects you are knowledgeable about and have some interest in so all you have to do is find niches that match your interest and start writing. If you need help getting started writing for clients, check out Holly’s course on how to get paid for freelance writing.
9. Virtual Assistant
Virtual assistants are definitely a growing need as more and more business owners are outsourcing tasks. What I love about VA work is how flexible it is. If you have several different online skills or even just one, you can find work as a VA.
VAs often earn an hourly rate so this promotes a steady income. VAs do everything from managing emails and scheduling social media posts to managing blogs, sending out invoices, doing research and booking appointments.
My friend Kayla started out as a part-time VA and now runs her freelance VA business full-time. She earns over $10,000 per month while working from home as a VA. If you’re interested in starting your own freelance VA business, sign up for her course.
10. Data Entry
If you have accurate and quick typing skills, you can make money with part-time data entry jobs from home. Data entry work involves taking data provided by a company and entering it into some type of system or spreadsheet to be organized.
The work and pay could vary but it’s a common way to earn money from home and you can find gigs on sites like Upwork.com.
bonus – 11. proofreading
Want to work from home, but hate writing? You can also make money from home, or anywhere else, proofreading a variety of items.
Proofread Anywhere provides free courses to help you learn how to land general proofreading and transcript proofreading jobs you can do from the comfort of your home, or anywhere else you choose.
With the right training, all you need is a laptop and you can land proofreading jobs.
Have you tried any of these work-from-home options to make money online? What would you add to the list? What are some of the things you do with the extra money you earn in your side hustles?
Latest posts by Choncé (see all)
- 7 Best Baby Registry Sites and How to Build Your List - September 25, 2020
- 5 Best Phone Plans for College Students for 2020 - September 18, 2020
- Pinecone Research Review 2020: Is it A Scam or Legit? - September 16, 2020