Making money is a concern for many people these days, and with the advent of the internet, there are now more opportunities to earn an income than ever before. However, with so many options available, it can be challenging to know where to start. In this article, we will explore 100 ways to make money that are legitimate, easily accessible, and don’t require any specialized skills or qualifications.
We will start by looking at ways to earn money online. The internet has opened up a vast array of opportunities for people to earn money from the comfort of their own homes. From selling products online to offering your skills and services as a freelancer, there are many options to choose from. We will also look at ways to make money offline, such as renting out your belongings, participating in paid surveys, and completing odd jobs. While some of these methods may not make you rich overnight, they can be an excellent source of additional income and can add up significantly over time. We will also provide some tips and advice on how to maximize your income and avoid scams. By the end of this article, you’ll have a comprehensive list of 100 ways to make money and a better understanding of which methods might work best for you. So, let’s dive in and start exploring the possibilities!
Ways to Make Money Online
There are countless opportunities to make money online. Below are some examples of active and passive income streams:
Active Income Streams:
- Sell products online on websites like Amazon, eBay, and Etsy
- Freelancing on websites like Fiverr and Upwork
- Online tutoring through websites like VIPKid and Chegg
- Creating an online course and selling it on websites like Udemy
- Offering your skills as a virtual assistant or transcriptionist
Passive Income Streams:
- Becoming an affiliate marketer and selling other people’s products online
- Monetizing a blog or website through ads and sponsorships
- Investing in stocks, cryptocurrencies, and other assets
- Selling digital products like eBooks or stock photos on websites like Creative Market
- Creating an app, software, or game and selling it on platforms like the App Store or Steam
These are just a few examples of ways to make money online. With some effort and dedication, you can turn your skills and interests into a valuable income stream.
What are active income streams examples?
Active income streams are those that require ongoing work or effort from the individual to generate revenue. Examples of active income streams include:
- Freelance work, such as writing, graphic design, or consulting
- Working a traditional job, where income is earned by trading time for money
- Providing services, such as dog walking or lawn care
- Direct sales or network marketing
It’s important to note that while active income streams can provide a steady income, they may not be as scalable or passive as other forms of income. To achieve financial freedom, many people also work on developing passive income streams through investments, real estate, or creating digital products.
Ways to Make Money Offline
If you prefer to earn money offline, there are still plenty of opportunities. Check out these options:
Active Income Streams:
- Driving for ride-sharing services like Uber or Lyft
- Babysitting or pet-sitting for neighbors or friends
- Cleaning homes or offices as a housekeeper
- Working as a personal chef or caterer
- Offering your skills as a personal shopper or stylist
Passive Income Streams:
- Renting out your home or a spare room on websites like Airbnb and VRBO
- Investing in rental properties or real estate
- Participating in a rental service like Rent the Runway, where you can rent designer clothing and accessories to others
Did you know that the average Uber driver earns approximately $364 per month? Or that the global vacation rental market is expected to surpass $170 billion by 2019? Consider these interesting facts as you explore your offline income options.
|Income Stream||Average Earnings||Pros||Cons|
|Uber/Lyft Driver||$364/month*||Flexible schedule, easy to get started||Requires a car and insurance, can be risky|
|Airbnb Host||$924/month**||Can earn passive income, meets new people, flexible schedule||Requires a spare room or property, can be stressful to manage|
|Personal Chef/Caterer||$42,000/year***||Personal fulfillment, opportunity to showcase culinary skills||Requires culinary expertise, must handle business management tasks|
*Based on data from a 2019 survey conducted by Earnest
**Based on data from a 2017 survey conducted by SmartAsset
***Based on data from a 2019 survey conducted by PayScale
How can kids make money offline?
Here are some ways that kids can make money offline:
- Offer to do odd jobs such as yard work, pet-sitting, or babysitting for neighbors.
- Sell handmade crafts or baked goods at local craft fairs or farmers markets.
- Lemonade stands or car washes can be a fun way to earn money on a sunny day.
- Offer to walk dogs for busy neighbors or family friends.
- Become a mother’s helper by assisting parents with young children for a reduced rate compared to babysitting.
Remember, it’s important to always get permission from parents or guardians and to stay safe while earning money offline!
Ways to Make Money Through Money-Saving Strategies
Earning money by saving money may sound counterintuitive, but there are several ways to do just that. Here are some ideas:
Use Cashback Websites:
- Earn cashback when you shop online through websites like Ebates, Honey, and Swagbucks
- Install browser extensions that automatically apply coupon codes at checkout (like Honey and Rakuten)
- Take advantage of sign-up bonuses when you create new accounts (like Swagbucks, which offers $5 to new members)
Charge Rent to Your Friends:
- Rent out your couch or spare room to a friend or acquaintance in need of a temporary place to stay
- Agree on a nightly, weekly or monthly rate that is less than what they would pay for a hotel, motel or Airbnb
- Offer additional services or amenities, such as a home-cooked meal or personal tour of the area
Collect and Re-sell Items:
- Collect cans and bottles, especially during events or gatherings, and return them for a deposit
- Sell items you no longer need or use, such as clothing, electronics, or furniture on websites like Letgo, Facebook Marketplace, or Craigslist
- Buy items in bulk and resell them for a profit (such as snacks, drinks, or souvenirs)
By using cashback websites, charging rent to friends, and reselling items, you can earn money through money-saving strategies. Did you know that Ebates offers up to 40% cashback at over 2,500 stores? Or that Facebook Marketplace has over 800 million monthly users? Consider these options as you explore ways to earn money by saving money.
How can I make money by saving money?
There are several ways you can make money by saving money:
- Invest the money you saved in a high-yield savings account or invest in stocks, mutual funds or bonds.
- Use cashback apps or websites like Rakuten, Swagbucks or Ibotta to earn cashback on purchases you make.
- Save money on grocery and household essentials by using coupons, shopping during sales or buying in bulk. The money saved can be used to invest in other areas.
- Consolidate your debts to save money on interest rates and fees. The savings can go towards investments or savings accounts.
Make Money through Short-term Work and Specialized Skills
If you have time, skills or resources to offer, there are many ways to turn that into cash. Here are some ideas for additional ways to earn money:
Do Task-based Work:
- Get paid to do micro-jobs online, such as data entry, transcription, or website testing, by joining platforms like Clickworker or Amazon Mechanical Turk
- Become a delivery driver or a courier using websites like Uber Eats or Postmates
- Offer pet grooming, house cleaning, yard work or other home services, using websites like TaskRabbit or Thumbtack
Use your Skills:
- Become an online tutor or teacher by joining platforms like TutorMe or Skillshare
- Design graphics or create logos for companies using websites like 99designs or Upwork
- Offer language translation services or interpretation services to individuals, businesses or organizations using websites like Unbabel or Gengo
Create and Sell a Product:
- Create an eBook or audiobook and sell it on platforms like Amazon or on your own website
- Create a digital product like a course, app, software, or website template using websites like Teachable and Gumroad
- Sell handmade crafts or vintage items on websites like Etsy or eBay
By doing task-based work, utilizing your skills, and creating and selling a product, you can earn money through short-term work and specialized skills. Did you know that top-rated freelancers on Upwork earn $60 per hour on average? Or that some successful Etsy sellers earn over $100,000 per year? Consider these options as you explore ways to earn money through short-term work and specialized skills.
How can I make money with my skills?
Here are a few ways to make money with your skills:
- Freelancing – Offer your services on platforms like Fiverr, Upwork, or Freelancer
- Blogging – Combine your skills with writing and start a blog. Monetize your site with advertising, affiliate programs, or sponsored content
- Teaching – Create online courses on websites like Udemy, Teachable, or Skillshare
- Selling digital products – If you specialize in graphic design, photography, or writing, create digital products like stock photos, templates, or eBooks and sell them on platforms like Etsy, Creative Market, or Amazon
Investing Your Money To Earn Money
One of the most passive ways to earn money is to invest your money. Investing is the process of allocating your money in stocks, bonds, mutual funds or other securities with the goal of generating a profit. Here are some ways you can invest your money and earn money passively:
Invest in Stocks:
- Invest in individual stocks or ETFs (Exchange-Traded Funds) using online brokerages like TD Ameritrade, E-Trade or Robinhood
- Invest in dividend-paying stocks for steady income
- Consider using robo-advisors like Wealthfront or Betterment to automate your investments
Invest in Real Estate:
- Invest in physical real estate properties such as rental properties or vacation homes
- Invest in real estate through Real Estate Investment Trusts (REITs) that pay dividends
- Invest in real estate crowdfunding platforms like Fundrise or Roofstock
Invest in Business:
- Invest in a small business in your area or start your own business
- Invest in a business opportunity like a franchise or a network marketing company by joining sites like Franchise Direct or Amway Global
- Invest in private equity or venture capital by joining online platforms like AngelList or CircleUp
Investing your money responsibly can yield huge returns over time. The average stock return is around 10% per year, while some high-yield dividend stocks can even pay over 5% annually. With real estate, you can earn rental income, tax benefits and long-term appreciation. Returns can sometimes be even greater with small business and venture capital investments. Research your options and invest your money wisely to earn passive income and potentially grow your wealth in the long run.
What is a passive way to make money?
If you’re looking for a way to earn some extra income without actively working on it, here are some passive income ideas:
- Investing in stocks, bonds or real estate
- Renting out property, such as a vacation rental or parking space
- Creating online content, such as a blog or YouTube channel, and monetizing through advertising, affiliate marketing or sponsorships
- Selling digital products, such as e-books or courses, that can be downloaded and sold repeatedly
While these options require some initial work and investment, they can potentially generate income on an ongoing basis with minimal effort or maintenance.
Earning money can be a challenging task, but nowadays, we have access to many opportunities to earn money from different angles. While some ways of earning money offer a more active approach, some allow for passive income. From participating in paid surveys to teaching online classes, you can find something you enjoy and earn money in the process. Investing your money wisely can also create the opportunity for passive income and growth over time.
Tips to Keep in Mind
- Take time to research the different opportunities available before committing to one
- Consider focusing in on an area or skill that you are more experienced in
- Understand that earning money will always require time and effort
- Be patient and persistent as it may take time to earn a steady income
Remember, finding a viable way to earn money takes time and effort, but you can achieve success through perseverance and dedication.
Try different methods, explore new opportunities and find the way that works best for you. Combine your skills with your interests – and you’re bound to find a way to earn money that you enjoy. Good luck!