Whether you want to generate a passive income, earn some fast cash or launch a multi-million-pound (or dollar) business idea, the internet is the perfect place to do it. Making money online gives you the option to work from home, abroad or even on the move.

The internet offers countless opportunities to earn, whatever your skill set or level of experience. It’s also quick and easy to start in most cases with no need for equipment or initial investment. You can access the web from anywhere in the world, meaning you can pick up and drop these ideas as and when you need to make money.

If you are ready to make money online, this article provides different ideas for you to utilize. Let’s get started.

• How Can I Make $100 a Day?
• How do I Make an Extra $1000 a Month?
• How Can I Genuinely Make Money Online?
• How Much Money do I Need to Invest to Make $100 a Month?
• Which Job is Best for Housewife?
• How Can I Get Rich Without a Job?
• Which Type of Website is Best for Earning?
• What is the Best Investment For Monthly Income?
• Are There Jobs That Pay You to Sleep?
• What Stock Pays Highest Dividend?
• How Can I Make Passive Income?
• Does GramFree Actually Pay?
• Is it Possible to Make 100 a Day Day Trading?

How Can I Make $100 a Day?

One of the best things you can do to make money fast is to invest in your networking at work, spend time learning as much as possible and get a raise or promotion. This alone could help you to make an extra $100 a day in no time.

But if you are still a student, a stay at home mum (or dad), or are looking for alternative ways to make money, here are some ideas.

If you want to reach your goal of making $100 or more a day online (or offline), simply combine a number of these money-making ideas.

1. Become a Shopper

If you love shopping around, how about doing it for others? With Instacart, you will work as an independent contractor delivering groceries for other people. There’s great potential to make good money, especially right now.

You could make up to $25 per hour during busy times, although the average is between $10 to $20 per hour. It couldn’t be easier:  you get offered the order, you shop the order, you get paid!

Read Also: How to Make Money Online (for Africans)

You make your own schedule and pick your orders, and the flexibility is what makes it so great, especially if you have limited time or are a stay-at-home mum or a student.

2. Get paid to watch videos online

InboxDollars is a cool website to make some cash with surveys. Plus, you can also make money by watching movie previews, TV shows, celebrity videos, the latest news, and many other videos. And you’ll get a $5 bonus just for signing up.

But how does it work?

That’s easy! Simply head to InboxDollars.com and login to see the list of videos available for you to watch. You’ll watch videos on your phone or laptop. InboxDollars then rewards you for watching them with your choice of free cash or gift cards for popular brands.

You need to watch all of the shows in a specific playlist, so be prepared and get the popcorn ready! You can check out how long the playlist runs before you start watching, and playlists range from a few minutes to about a half-hour.

3. Wrap your car

Do you own a car? How about placing advertising on it and get paid? With Wrapify you can get paid up to $452 for having your car wrapped with an ad.

You need to download the Wrapify app, and then they will track your journeys until you reach 50 miles. Once you reach 50 miles, you are eligible to take part in a campaign. Each campaign will place ads on your car for 1 to 12 months.

During that time you will be earning free money every month!

To be eligible to take part in a campaign, you need to:

• Be 21 or older
• Have a clean driving (and criminal) record
• Have a car that is from 2008 or newer

4. Sell your crafts

If you are a creative person, did you ever think about selling your crafts on websites like Etsy?

When Dan and his partner started, they came up with the idea of selling salt dolls for Christmas. Well, believe it or not, in a couple of months, they managed to make over $1,000!

By making and selling your crafts, you can set your own hours, spend your days producing items that you enjoy making, and earn some money in the process. 

The trick here is to make sure you actually make items that will sell.

5. Get paid to play games online

Do you spend endless hours playing games on your phone when you have nothing to do? How about getting paid to do that?

You can!

Mistplay is a legit Android app that pays you to play. It has over 78,000 reviews on Google Play, and it averages a score of 4 stars!

If you want to start making money:

• Download the app.
• Install a game in your list.
• After 2 to 5 minutes of playing, you will start earning units.
• Share your feedback on the game with developers to earn extra units.

Developers will use your feedback to improve the games before launching them on the market officially.

Once you reach enough units, you can redeem them for free gift cards, including Visa gift cards, Amazon gift cards, Google Play, iTunes, PlayStation gift cards, and more.

You will not get rich just by using this app, but it’s a great way to earn some extra money by doing something you already do!

How do I Make an Extra $1000 a Month?

If you’re looking for ways to make extra money online the fastest way to do it is to start with what you know. Odds are you have some money-making skills that you could leverage for extra income.

Here are some of the best ways to make $1000 a month or more with skilled side hustles.

1. Become an online teacher

If you have teaching experience or are just exceptionally knowledgeable about a particular subject you could make an extra $1000 a month as an online teacher.

Teaching English online has become a popular way to make money, for example. But it’s not the only thing you can teach.

Outschool is an online teaching platform that allows you to create courses for kids K-12 on just about any topic. You don’t need a teaching degree to get started either!

There’s a background check involved and your course idea has to be approved but otherwise, it’s pretty easy to get started teaching with Outschool. According to the company, the average teacher makes $35 an hour.

At that rate, you’d need to spend around 30 hours teaching online every month. But since it’s up to you to decide what to charge for classes, you have some control over how many hours it’ll take to reach your $1000 a month goal.

2. Start a money-making blog

It seems like everybody and their cat has a blog these days. But if you don’t, you might consider starting one of your own to make extra money.

Many bloggers are making five, six and in some cases, seven figures from their blogs. So there’s definite money-making potential.

You don’t have to set your sights that high in the beginning but with the right plan, you could get to a point where you make an extra $1000 a month consistently.

The main ways to make money blogging include:

• Ads
• Sponsored posts
• Affiliate sales
• Selling your own products
• Offering a service through your blog

3. Become a freelance proofreader

Proofreading online can be a great way to make money online and earn an extra $1000 a month or more easily. As a proofreader, you’re responsible for reviewing written documents, checking them for errors and correcting any errors you find.

Just like freelancing, proofreading is a flexible way to make extra money from home. You can find proofreading jobs online that fit your schedule.

4. Make extra money with online transcription jobs

If you’d rather type than read, you could make an extra $1000 a month or more as an online transcriptionist.

Transcriptionists take videos, podcasts or audio recordings and create a written document of what’s being said.

There are tons of companies that offer remote online transcription jobs so this is another profitable side gig you could from home on a flexible schedule. Like proofreading, transcribing is a little specialized so it helps to have some training beforehand.

5. Start a virtual bookkeeping business to make extra money

Are you good with numbers? Do you love math? If you said yes to either one, then becoming a virtual bookkeeper could be the perfect money-making side hustle for you!

Virtual bookkeepers help bloggers and small business owners manage their books so they can focus on other things.

Becoming a virtual bookkeeper is a great way to make extra money that doesn’t require a degree. All you really need to get started is the right software and some online bookkeeping training.

6. Become a Pinterest VA or social media manager

Pinterest is an important part of my efforts to drive traffic and make money to my blogs and it’s the same for lots of other bloggers.

Social media is the same way. If you aren’t promoting your content through Twitter, Facebook or other outlets, how will anyone know you exist?

But time is one thing you don’t have a lot of when you’re running a business. So that’s where Pinterest VAs and social media managers come in.

Pinterest VAs handle all the behind-the-scenes stuff involved in managing a Pinterest business account. So things like:

• Pin creation
• Manual pinning or pin scheduling
• Researching Pinterest trends

Social media managers handle content postings for social media accounts. Either one is a low-cost business or side hustle to start — you really just need a laptop.

And if you can build up your reputation quickly, you could easily scale your side gig to make an extra $1000 a month or more fast!

7. Make extra money as a Facebook ads manager

Facebook ads are huge for bloggers and businesses that want to promote their sites. But who has time to create an ad campaign that actually converts and makes sales?

Not me. But if you know your way around Facebook, you could make a ton of extra money managing ads for bloggers or businesses.

8. Become an online stylist

Online stylist jobs can help you earn money by sharing your fashion sense.

With Stella & Dot, for example, you can earn money selling:

• Beauty and skincare products
• Clothing
• Bags
• Jewelry

This is one of the best side hustles for women who want to earn an income on the side while working full-time or raising kids.

9. Sell things for extra money

Chances are you’ve got some things around the house you could sell to make $1000 fast.

Whether you can do this every month depends on what you have but it’s a quick way to make some cash when you truly need it.

Ideas for things you can sell to make money include:

• Books
• Clothes
• Kids’ toys
• Sports equipment
• Tools
• Furniture
• Home decor
• Kitchen gadgets

You can sell locally through Facebook Marketplace or bargain groups. But if you’d rather do all your selling from home, these apps can help:

• Decluttr (Good for selling DVDs, video games, etc.)
• Second Sale (Great for selling used books)
• Gazelle (Sell your old electronics!)
• thredUP (Sell your clothes)

10. Get paid to to search Google

Whenever you have a question, where do you go? Duh, the obvious answer is Google. But did you know that you can get paid to answer questions?

Online research jobs essentially pay you money to find answers to questions people ask the most. Sites like Wonder pay you to do things like gather statistics, study industry trends, and recommend products or services.

According to Wonder, the most active researchers can earn around $2000 a month from home. So even if you don’t have a lot of time to spare you could still make an extra $1000 a month just for answering questions.

User testing is a similar money-making gig that pays you cash for your time. You test websites and then report back on what you liked or didn’t like about it.

It’s an easy way to make an extra $500, $1000 or more every month just for answering questions. Check out a site like UserTesting to learn what it’s all about.

How Can I Genuinely Make Money Online?

There are genuine ways you can earn online if you look in the right places.

1. Become a WordPress Expert

30% of websites on the internet run on the WordPress platform largely because it is easier than others CMS and also free. While it is one of the easiest platforms out there, WordPress is still pretty technical for non-tech savvy people.

And it seems a majority of people running websites on WordPress don’t know half of what to do about improving a websites SEO architecture, incorporating some features, troubleshooting problems, and generally improving on the default features of the website. These people typically seek the help of experts to help with this.

There are many platforms people turn to for help regarding WordPress. Some can afford to hire an agency to do the job, but not all will do that even those who can afford the usually exaggerated cost of hiring an agency. Freelances are a cheap and efficient way for most people.

They go to freelance market places like Upwork and Fiverr to hire freelances to fix their problems at a ridiculous fraction of what an SEO agency would charge, though still good enough for the freelancer.

You need to master some skills that include programming and be good at combining colours and fonts to best represent the spirit of a website. These are not difficult to learn even from scratch provided you are willing to commit the necessary resources to acquire the knowledge. Khan Academy is a good place for you to start by learning programming in an easy and enjoyable way for free.

2. Become an Online Researcher

Marketing, Advertising and other business agencies do not have all the time in the world to do tasks like in-depth internet research. A consultancy might be trying to estimate the market size of a particular product in a certain location, but might not have the time to do in-depth research to find the answer.

And without an accurate estimate of that market size, a large research project could have questionable credibility. These market research companies and industries might be unwilling to employ an in-house research assistant, so they look for freelancers.

If you are good at online research, you should check out Askwonder.com which is one of few companies offering freelance positions on research. They have thousands of freelance research analysts around the world working for them and some analysts make as much as $2,100 a month.

3. Offer Typing Service

This is another easy way to earn online for those who have little tech skills. you can offer to type people’s hand-written documents. Advertise your services on platforms like freelancer.com, Fiverr, and others to find clients. There is normally high competing for clients regarding easy jobs like typing, but there are many who make thousands of dollars every year doing just that.

4. Become a Freelance Writer

Freelance writers make a lot of money these days due to the never-ending demand on content. We live in a content-driven world and if you have good writing skills, you may be wasting it sitting at home and doing nothing.

We have written other articles about freelance writing opportunities in which we presented more details to this regard, but as a reminder, you can land high-paying freelance writing jobs by doing one of the following;

Look for serious clients on freelance market places or sign up with some online companies that work with freelancers to satisfy clients. You can leverage Upwork, Fiverr, iWriter, TextBroker, and many more.

5. Become a Self-Published Author

Self-publication has made it easier for anyone to publish their book without having to pay upfront for printing. A lot of platforms exist that will print your book as soon as someone buys a copy. You get a great percentage of the sale and the publishing company handle everything on your behalf, including delivery and handling returns.

Many authors have made millions of publishing on Amazon Kindle, and so can you. With good expertise in any particular field, or a knack to tell good stories, you can open a free Kindle account and start selling your books. Some platforms even have piracy control measures like PDF stamping.

6. Sell Courses Online

If you have a solid understanding of a skill that people want to learn, you can create video lessons of that course and have students sign up for it. A number of platforms allow you to do this without any upfront costs to you.

For example, Udemy has courses that get thousands of enrollments over the months, depending on popularity and fee. If you offer good courses and charge moderate fees, you are very likely to accumulate a large fan base, ensuring the success of other subsequent courses you may wish to launch.

7. Teach Online

Many platforms recruit teachers to teach certain subjects online. Websites like VIPKids, QKids, and many others are known to hire teachers to teach students online, and many of these websites pay at least $15 per hour with bonuses for an excellent performance.

8. Offer Visual Assistant Services

You can become someone’s or a company’s virtual assistant. There is a wide range of tasks that visual assistants do. You may take care of emails by reading and replying to them, you may receive and make calls on behalf of someone, or you can be a research assistant on some projects. Virtual assistants advertise their services on Fiverr, Upwork, Freelancer.com, and other websites.

9. Start Blogging

Although blogging typically takes some time to start generating revenue, it is the best way to build a steady source of income online without having to sell products or services. Bloggers around the world make thousands of dollars monthly doing what they love.

Provided you regularly publish useful content; you will get fans regardless of the niche you are in. Many have quit their jobs to fully dedicate time to their blog when it started generating more than what they could ever make from their full-time jobs.

The biggest challenge with blogging is providing consistent and useful content. Provided you do this; your website will gradually rank up the scales. You will also need to know what you are target audience is looking for and the keywords they use to search for it.

There is an infinite number of blog niches you can choose from. But make sure you have enough passion for any niche to be able to write articles without getting bored.

Don’t just pick a niche because people are making money there. It may seem easy, but then competition can grow and then you’ll lose because you can’t keep up with the content demand due to a lack of interest in the subject.

10. Transcription

Transcription is the act of transforming audio to text through an automated process or by typing on a device what you hear. It is one of the most popular online freelance jobs. Transcriptionists earn anywhere from $0 – $3000 a month depending on their expertise, equipment and dedication.

This is our topic pick for ways to earn online because of the abundance of transcription jobs available to people worldwide. You could start transcribing today if you wanted to. The challenge, however, is with knowing the right thing to do.

Being able to transcribe audio and video files correctly is a big challenge – particularly for ESL workers. But you can become an expert transcriptionist by going through some steps that we’ll explain in this post.

• GoTranscript

Our top pick for a transcription company that hires worldwide anytime and pays through both PayPal and Payoneer is GoTranscript. It is one of the best for Africans. All you need to do is sign up for an account and take a transcription test. You will hear from them within two to three weeks. If you are accepted as a transcriber you will receive email notifications whenever a new job has been posted. There is a steady flow of the job.

• Accutran Global 

This is also another good transcription company just like GoTranscript. The issue with this company is that it pays through PayPal only and many freelancers don’t have PayPal in their country.

• Appenscribe 

This company offers global transcription jobs online. transcribers are paid different amounts depending on expertise. Just like Accutran Global, this company also pays through PayPal, making it unsuitable for many freelancers.

How Much Money do I Need to Invest to Make $100 a Month?

1. Invest in Cryptocurrency

Risk level: High

Cryptocurrency is a term used to describe digital currency, like Bitcoin or Ethereum. Although crypto has been incredibly volatile, many experts believe the industry is still in its infancy, and that crypto will be adopted widely within the next few decades. For example, some industry analysts predict one Bitcoin will be worth $200,000 or more several years from now. 

How It Works: There are many reputable platforms that let you invest into Bitcoin and other cryptocurrencies. You can open an account and fund the crypto purchase of your choice in a matter of hours. 

From there, you can buy more cryptocurrency, trade, or sell depending on your needs and goals. Currently, BlockFi lets you invest into BTC, ETH, LTC, and PAXG, as well as USD-based stablecoins like USDC, USDT, GUSD, and PAX.

Where to Get Started: BlockFi is an excellent choice for investing in cryptocurrency due to the fact there are no minimum balance requirements. This means you can go ahead and invest your initial $100 into cryptocurrency today, but you could also get started with $5, $10, or whatever you have. 

2. Open a Roth IRA

Risk level: Varies

A Roth IRA is a type of retirement account you can open in addition to other accounts you have like a workplace 401(k). This type of retirement account lets you invest with after-tax dollars, and your money grows tax-free until you are ready to access it. The best part is, you can withdraw your Roth IRA funds without paying income taxes once you’re ages 59 ½ or older.

How It Works: You’ll need to open a Roth IRA on your own, which is easy to do with any number of online brokerage firms. Just keep in mind that income caps limit who can contribute, so it’s possible you may not be eligible if you have a high income. 

Also note that contribution limits apply. Most people can contribute up to $6,000 to a Roth IRA (and a traditional IRA, in total) in 2021, yet those ages 50 and older can contribute up to $7,000. 

Where to Get Started: The best places to open a Roth IRA include Betterment, Stash, M1 Finance, and more. Research online brokerage accounts until you find the best option for your needs and goals. 

3. Open a High-Yield Savings Account

Risk level: Low

If you have $100 to your name but you don’t have any extra cash for emergency expenses, then your best bet for now is saving that money. However, you can easily earn a better rate of return with a high-yield savings account from an online bank. 

This type of savings account works like other savings accounts from a traditional bank. Setting up an account is a breeze, and the biggest difference is that you can earn a higher interest rate on your deposits. 

How It Works: The best online savings accounts from banks like CIT Bank, Discover, and Ally Bank offer exceptionally high-interest rates when compared to the national average of just 0.04%. Just make sure you compare accounts until you find an option with the perks you want and no hidden fees. 

Where to Get Started: Discover offers excellent high-yield savings accounts with no minimum deposit requirement and no ongoing fees. You can also earn 5x the national average on your savings. That’s still not a lot, but earning something is still better than nothing.

4. Worthy Bonds

Risk level: Medium

Worthy is a company that offers bonds with a fixed interest rate of 5%. You only need $10 to get started, and interest compounds in your account on a daily basis. There are no hidden fees, and the money you invest is loaned out to businesses that can make a positive impact in your community.

How It Works: Opening an account with Worthy is easy, and there are no fees or penalties involved. Since each bond costs just $10, your initial investment of $100 can help you buy 10 bonds right off the bat. 

Where to Get Started: Head to the Worthy website and select the option to open a new account. From there, you can buy as many bonds as you want in $10 increments. Interest will accrue daily in your account, and there are no fees involved. 

4. Enroll in a Course or Certification

Risk level: Low 

There are thousands of different online courses you can take for less than $100, including ones that’ll expand your knowledge in any area you want. Whether you want to learn how to be a better writer, how to use Photoshop, or how to get paid to be a speaker — the options are endless!

How It Works: A variety of online platforms let you purchase online courses and certifications in almost any industry. Consider what skill can be useful in your professional or personal life. Perhaps a certification would help you get a promotion at your current job, or maybe a new skill would help you drop your 9-to-5 job and begin working in a brand new field. 

Where to Get Started: MasterClass is my top pick for enrolling in courses and certifications. With this online platform, you can pay a small weekly fee (just $3.45 per week) and enroll in hundreds of courses in arts and entertainment, music, business and more. Your initial $100 investment in this platform would currently pay for more than six months of unlimited learning.

Which Job is Best for Housewife?

There are many jobs you can do while sitting at home, jobs that are simple and flexible enough to give you the satisfaction you’re looking for without sacrificing the things that matter – like your family.

So to help housewives, and women in general, this list features jobs you can actually do while sitting at home (at a coffee shop, or wherever).

1. Travel agent/planner

This might be one of the most underrated jobs for housewives sitting at home. Since most people struggle to book their own trips, they often hire travel agents to do it for them. It can be a fun and exciting job that requires minimal effort.

While you can start out working for a company, you’ll have a lot more control and autonomy if you were a self-employed travel agent. There are many women who do this part-time and are making more money than a manager’s salary. For example, one woman has a service where she books Disney vacations for families.

So if you can find cheap flights, cheap family vacations, and other amazing travel deals, then you should definitely consider becoming an online travel agent.

2. Virtual assistance

Being a virtual assistant (VA) is like being a jack-of-all-trades. That’s because of the broad scope of jobs you can potentially do. In most cases, people hiring VAs don’t care about your age or education. You could say the same thing for the experience too (sometimes).

As a VA, you may be hired to do a variety of practical online tasks. These can be simple things like: scheduling, emailing, responding to customers, etc. For some jobs you may have to do phone-related tasks, but the job posting will let you know if that’s a requirement.

Virtual assistance is the perfect job that gives you the flexibility and freedom to choose who you want to work for.

3. Online tutoring

Want to teach other subjects besides English? You can do that too! However, depending on the subject, you may need to have the right degree and experience to do so. This makes sense for most STEM-related academic disciplines.

Regardless, you’ll need a bachelor’s degree at a minimum to start tutoring. You can expect to have a similar teaching experience that involves using an online platform.

The same thing goes for the level of flexibility. This means you’ll be able to work as little or as much you want, so you can focus on other important things – like your family.

4. Chatting with people online

Although some jobs require you to have a degree in order to teach English online, there are many that don’t. These types of jobs allow you to chat online with people from different language backgrounds, who want to learn English (or another language).

And if you’re multilingual, that’s usually all the experience you need to get started. Of course, you’ll also need the necessary equipment to chat with students online.

The other benefit of getting paid to chat is that there aren’t many restrictions regarding your schedule. You can easily hop online when you want, connect with someone, and chat with them for a few minutes.

5. Copywriting

Copywriting is another job where education (and sometimes experience) doesn’t matter. This job is all about using words to sell. If you’ve never heard about copywriting before, that’s fine. Companies hire copywriters to create ads or sales letters for their products.

You’ve actually seen the work of copywriters before in magazine ads, online, on television, etc. Unlike traditional writing jobs, copywriting is like writing a letter to a friend. It’s also an easy job that anyone can learn to do. You just need the right course to teach you the necessary skills.

6. Testing and reviewing websites

Getting paid to test websites and surf the internet is a pretty easy job. In order to make improvements to their websites, companies hire people like you to spend time browsing their websites and documenting your experience.

Your feedback will be essential to helping them figure out what changes are needed to increase their website’s traffic, user experience, and online revenue.

There are no specific education or experience requirements for this job. You just need a good computer and wifi to get started.

7. Content management

For this job, you’ll be responsible for managing the website’s content. Companies and established bloggers hire content managers to help increase their revenues and brand awareness.

Your work may include tasks like: overseeing freelancers, managing editorial calendars, collaborating with team members, handling email marketing and social media posts, and other site-related activities.

Ideally, you should have experience managing and maintaining a website. If you’re going to eventually start your own blog, I think this is a great way to make some money until your blog starts to take off.

8. Working as a translator

This is another job where you can use your multilingual skills. You’ll be hired to translate a variety of audio or written content. You’ll find many jobs for translating popular languages like French or Spanish into English.

However, some of the highest paying translation jobs are for much more difficult languages such as: Asian, Arabic, Russian, Korean, and Middle Eastern.

If you can speak any of those, people will be lining up to hire you in a heartbeat. You’ll also have the luxury of choosing who you want to work with and for how long.

Since you’ll be working from home as a translator, you won’t need any specific education. That only matters if you apply to jobs where it’s a requirement. Your biggest asset is your ability to read, write, and speak multiple languages.

9. Internet analysis/research

Here’s another online job that offers flexible, home-based work you can do via a computer or phone.

Companies hire smart people like you to participate in a variety of online evaluation projects such as: local web search, automation, social media evaluation, etc.

You’ll receive instructions or minor training for these tasks, depending on the objective of the job. Some jobs may require a bachelor’s degree but they aren’t usually super strict about it.

As long as you’re self-motivated, internet-savvy, have strong English skills and can work alone, this could be an easy work-from-home job for you.

10. Performing data entry

Data entry is one of the most common work-from-home jobs you can find.

Many housewives and single moms start with data entry for two reasons:

• It’s easy, and
• They didn’t know about the other jobs on this list.

That second reason is actually true.

You see, even though data entry is easy and some jobs offer decent pay, it’s kind of predictable and repetitive. But if you’re looking for that level of simplicity, then you’ll enjoy this.

As a data entry specialist you’ll be moving data from a word document (or paper), and input it into an Excel table or some other form. Although a high school diploma is the minimum educational requirement, you do need to be able to type fast and accurately.

Most companies will usually give you a test to gauge your skills before hiring you. It may not be the best job on this list but it may be the job you need right now.

How Can I Get Rich Without a Job?

Whether you’re unemployed, disabled, a stay-at-home parent, retired or simply want some extra income, here are ways real people have made money without a typical job.

1. Share Your Opinions

These days, too many people resort to social media to share their opinion — wanted or not. But some companies do want to hear what you have to say. And they’ll pay you.

Survey sites are a great place to snag some extra money and gift cards.

One option? MyPoints.

You can earn gift cards for taking polls and filling out surveys. Once you complete your first five surveys, you’ll earn a $5 bonus.

2. Help Small Business Owners

Have you ever thought about launching your own business? Sure, this is a “real” job, but you’ll be your own boss and set your own schedule.

It’s not as difficult as it might sound. Tons of online programs will teach you the tools of the trade and how to get started.

For example, after years as an accountant, Ben Robinson started Bookkeeper Business Launch to help bookkeepers get their own businesses off the ground.

3. Invest 15 Cents Into the Stock Market

Yeah, we know what you’re thinking: 15 cents? How’s that going to do me any good? Well, that leftover change from your morning coffee and evening grocery hauls could turn into more than $1,000.

That’s what happened when Penny Hoarder reader Jeremy Kolodziej opened an investment account with Acorns. The app’s round-up feature bumps each of your purchases up to the nearest dollar and puts the spare change into the stock market, which helped him mindlessly save $1,076 in about 20 months.

“It’s a virtual coin jar,” he says. “You don’t even think about it.” He used the spare change to pay for two vacations.

Plus, Acorns invested the money for him, allowing him to grow his savings — without studying stock prices or managing trades. The app is $1 a month for balances under $1 million, and you’ll get a $5 bonus when you sign up.

4. Spend $1 to Own a Piece of Amazon, Google or Other Companies

Take a look at the Forbes Richest People list, and you’ll notice almost all the billionaires have one thing in common — they own another company.

But if you work for a living and don’t happen to have millions of dollars lying around, that can sound totally out of reach.

That’s why a lot of people use the app Stash. It lets you be a part of something that’s normally exclusive to the richest of the rich — buying pieces of other companies for as little as $1.*

That’s right — you can invest in pieces of well-known companies, such as Amazon, Google or Apple, for as little as $1. The best part? When these companies profit, so can you. Some companies even send you a check every quarter for your share of the profits, called dividends.

It takes two minutes to sign up, plus Stash will give you a $5 sign-up bonus once you deposit $5 into your account. Subscription plans start at $1 a month.

5. Invest in Real Estate

Want to try real-estate investing without playing landlord? Oh, and you don’t have to have hundreds of thousands of dollars, either. You can get started with a minimum investment of $500. A company called Fundrise does all the heavy lifting for you.

Through the Fundrise Starter Portfolio, your money will be split into two portfolios that support private real estate around the United States.

This isn’t an obscure investment, though. You can see exactly which properties are included in your portfolios — like a set of townhomes in Snoqualmie, Washington, or an apartment building in Charlotte, North Carolina.

You can earn money through quarterly dividend payments and potential appreciation in the value of your shares, just like a stock. Cash flow typically comes from interest payments and property income (e.g. rent).

Which Type of Website is Best for Earning?

Want to know which kind of website is going to earn the most money with Google AdSense? Knowing which type of website is most likely to generate ad clicks will help you monetize your site and maximize your ad revenue.

In this article, we’ll show you what kind of website you should create if you’re looking to earn with Google AdSense.

1. Blogs

Blogs are known for having consistent and unique content published on them all the time. In fact, some blogs post new content daily, or even hourly.

This is attractive to advertisers paying to have their ads displayed on a website through the Google AdSense program. The reason is, popular blogs that are optimized for SEO rankings generate a lot of daily traffic that will see the ads being shown and actually click on them. This means more money in your pocket.

You might consider placing AdSense ads in the top generating spots on your blog to generate the most revenue possible:

• Within blog content
• Under the navigation menu but above the content
• To the left of the blog title
• Below blog content in the form of a native ad
• All whitespace areas on your website

From there, you can use MonsterInsights to track Google AdSense clicks using MonsterInsights ads tracking:

• Find out how many clicks your blog’s ads are getting
• Find out where on your blog the most clicks are happening
• Remove the low performing ads so others can get more clicks

2. Forum Sites

For some, writing blog content and attracting loyal readers is not something they want to do. However, many find that forum sites are a great way to give others a platform to speak their mind, while also generating AdSense revenue.

Instead of writing extensive blog posts, all you have to do is list forum discussion points and let users interact.

From there, drive traffic to your site, establish yourself as an authority, and create a brand, just by getting people together to talk about a variety of topics.

For a great forum example, take a look at CatForum.com. This simple forum site dedicated to cat lovers uses Google AdSense below the navigation menu and above the content.

There are also some ads seen at the footer of the forum section. This further monetizes this highly-trafficked forum site.

3. Free Online Tool Sites

Have you ever thought about the type of traffic a website that offers a free online tool might see? If not, you better believe if the tool you offer is valuable, lots of people will visit your site daily.

And, those site visitors are going to click on relevant ads at some point, which makes you easy money.

For example, GIFmaker.me is a free online tool that lets you create animated gifs, slideshows, and video animations, complete with music. And, since this tool is free for everyone to use, they use Google AdSense to make some money.

What is the Best Investment For Monthly Income?

Are you looking for the best smart investments that pay monthly income? We are going to show you where to invest your money to get a monthly income and maximize your profit return.

Of course, the more money you have to invest, the faster you can expect to see a return on your investment.

In most cases, investing is a deliberate strategy that takes time; especially in the beginning. It’s certainly not a get-quick-rich plan.

That being said, making wise investments will eventually pay off; and could earn you monthly income without you doing a thing. This is what we call passive income.

1. Invest in Real Estate

Real Estate is one of the best ways to invest your money, and for a good reason. That’s because you can financially benefit from generating wealth appreciation and equity building. Also, through renting, you can generate passive income; providing you with a steady cash flow every month.

In most cases, investing in real estate requires a significant amount of cash upfront to get started. That being said, there are a few ways you can make smaller investments to earn monthly income using real estate.

Airbnb

Do you have a spare room available? If so, you could list that room on Airbnb to generate some monthly income.

If you live in a busy town or city, this can be a great way to earn some extra cash flow each month; without having to invest much upfront.

Joint Venture

Many wealthy individuals invest heavily in real estate for property appreciation. For them, being a landlord and renting a property may be more hassle than it’s worth.

If you’re starting and you don’t have much cash to invest; you can partner up with someone who does have the money, but lacks the time. That way, they can enjoy the benefits of house appreciation and equity over the years, and you can earn monthly cash flow from renting out the property — a win-win for everyone involved.

2. Affiliate Marketing

With affiliate marketing, you earn a commission for selling another person’s product or service. When you’re an affiliate, you don’t have to worry about stock, deliveries, customer service, or refunds. You’re simply the middle man who is paid for recommending products.

If you don’t have much money, but you have your time to invest, affiliate marketing could be the perfect strategy for you.

3. Invest in High Paying Dividend Shares

Some of the world’s wealthiest people, such a s Warren Buffet TK, have made their riches from high paying dividend shares. In a nutshell, dividends are a payout that companies make to their shareholders (usually every quarter), as a sign of appreciation for investing and holding their stock.

If you choose wisely, over time, investing in high paying dividend shares can be a great investment strategy.

However, it does require some knowledge to pick the right shares to invest in and a great deal of patience. Also, you will need to invest a significant amount of money to see any noticeable return.

That being said, I do think it’s one of the safest and best long-term monthly income investments for retirement.

The trick to this method is to re-invest the dividends you earn. This will have a compounding effect; leaving you with a nice sum of the money for when you retire.

4. Bonds

A bond is a loan an individual will give to a company or organization in return for interest. You will gain interest (usually at a fixed rate) over several years. These are called coupons. You’ll also receive your original loan back on an agreed date.

Bonds are usually considered one of the safer investment strategies; however, there is still small risk involved. The riskier the company you have bonds with, the more chance the company will default before your loan in return. To compensate for this, the higher the risk, the greater your potential return will be.

You can also invest in government bonds, which involves less risk; but equally and lower potential return. Low-risk bonds are an excellent investment for retirement.

It’s important to note that bonds are a long term investment strategy; that requires a large amount of cash upfront.

5. Social Media

When you think about where to invest money to get monthly income, I bet social media doesn’t spring to mind. But, think about the many social media influencers and stars who were wise enough to invest their time and energy into social media when no one else was.

The good thing is, it’s not too late. There is still massive potential to grow a social media following which could end up paying you a monthly wage.

Build an Instagram Account

Instagram is currently the world’s most popular social media platform. As of today, there are over 1 billion active users on the platform, and it’s still growing. If you can capture just the smallest fraction of the attention on Instagram, you can easily earn a monthly income.

Making money on Instagram is not as hard as you think, and you don’t need thousands of followers. You simply need to know how to target a specific niche,

Start a Youtube Channel

Youtube is another excellent investment; that could easily provide you with a monthly income.

Millions of Youtube videos are watched every day. If you invest the time to grow your own Youtube channel, over time, it could turn into a reliable source of passive income.

Are There Jobs That Pay You to Sleep?

Sleep is a magical thing that offers so many benefits, from improved mental and physical health to sharper memory to better mood and cognitive function.

Aside from the health benefits, many of us absolutely love sleep! There’s nothing better than climbing into bed after a long day, knowing that you’ll get between seven and nine hours of delicious, uninterrupted sleep. And while sleep is something we look forward to each night, others get paid to sleep!

So, if you love sleeping and the idea of getting paid to do it, read on to discover 10 jobs that pay you to sleep.

1. Bed and mattress tester

Average salary: From $80 per hour to $39,350 per year

This is a dream job for people who love sleeping!

Bed and mattress testers are people who test beds, mattresses and bedding for companies during the development phase of new products. These individuals are paid to sleep as they test out each product.

Bed tester salaries may vary from job to job, but according to Salary.com, a bed tester’s medium annual salary can reach $39,350 in the US.

Numerous companies offer bed and mattress testing roles. For instance, a mattress company, Sonno, was looking for participants that would use their mattresses for 100 nights and report back on the quality of their sleep. UK bed brand, Olivia’s, was also in search of ‘comfort connoisseurs’ who were paid £60 ($80) per hour to test out a range of beds.

Another mattress review company, Sleep Junkie, was looking to hire a ‘Sleeping Beauty’ to test out and evaluate mattresses over two months. The successful candidate was offered $3,000 to report on their sleep quality and mood, and the comfort of each mattress.

There are plenty of opportunities in bed and mattress testing where you can earn money while you sleep!

2. Sleep research subject for clinical trials

Average Salary: From $100 to $3000 

There are plenty of hospitals, clinics, universities and research facilities worldwide offering money to participants in clinical trials that involve sleeping. For opportunities of this nature, you’re usually paid incrementally, depending on how far along you get in the process.

For instance, one study carried out at the University of Colorado Boulder paid participants $2,451 for two laboratory visits that nearly lasted four days each.

Sleep studies concentrate on a range of factors, including brain waves, respiration and heart rate, all while the person is asleep. They are intended to delve into sleep issues and discover ways to fix them. 

However, while participants usually are paid to sleep, bear in mind that roles of this nature will also likely assess an individual’s ability to function whilst sleep deprived.

Another consideration is that research subjects have to remain on-site during their stay, which could be difficult for those with family obligations. 

To find available opportunities, you could use sites such as ClinicalTrials.gov, where countless studies you can partake in are listed.

3. Exhibitionist sleeper 

Average salary: $10 per hour

While this may sound like one of the strangest jobs out there, it’s real. In 2009, New York artist, Chu Yun, hired 100 women aged between 18 and 40 to take sleeping pills and sleep in the middle of a gallery while people walked around the exhibition. Their job was to lie in beds and fall asleep with the intention of remaining asleep for a six-hour stretch.

Sleepers were free to wear whatever they were comfortable in and worked between 12 pm and 6 pm. And while this vacancy has been and gone, other similar opportunities may arise – so keep your eyes open (if you haven’t fallen asleep by then)!

4. Environment sleep tester

Average salary: $2000 

Yes, this is a real job!

This very unusual job was created for a study by Sleep Standards, and its purpose was to determine how different environments affect sleep quality. It involved sleeping in a different environment every night for five nights – including a five-star hotel! 

Each night, several environmental factors were carefully adjusted in a controlled way. Afterwards, the individual was asked to write up a report about their sleeping experience each night, highlighting how each adjustment affected their quality of sleep.

5. Line sitter 

Average salary: $25 for the first hour and $10 for subsequent 30-minute periods

If you’re one of those people who can literally sleep anywhere, this might be the job for you. As the job description suggests, it involves waiting in line on behalf of someone else.

Certain product launches, including those for the latest iPhone, require arduous waiting time in line – often overnight. As a line sitter, your job is to stand in line in someone’s place so they can skip the long wait.

Queuing company Same Old Line Dudes offers professional line waiting services (which have proven to be incredibly lucrative). 

From 40+ hour waits for auditions to midnight queues prior to mega sales, there are plenty of opportunities if you’re willing to wait outside in a range of weather conditions.

What Stock Pays Highest Dividend?

1. Iron Mountain (ticker: IRM)

Technically considered a real estate investment trust, or REIT, Iron Mountain is a longtime purveyor of corporate data and information management services. The go-to company for physical document storage – think sensitive records and document destruction – the company has increasingly pivoted to offer digitization services, data center and cloud storage solutions in the digital age.

As a REIT, the business is required to pay out at least 90% of taxable income to unit-holders in exchange for the ability to legally forego corporate taxes. The company expects adjusted funds from operations, or AFFO, a key profitability metric for REITs, to grow between 6% and 11% on a per-share basis in 2021. The company also trades at around 13 times 2020 AFFO, an entirely reasonable multiple.

Current yield: 6.22%

2. Kinder Morgan (KMI)

As the second-largest publicly traded “midstream” oil and gas company in the U.S., the Houston-based Kinder Morgan is an established energy gathering, storage and transportation company. It owns and operates about 83,000 miles of pipelines crisscrossing the country.

The company raised its dividend payout by 5% even in the challenging environment of 2020 and expects to raise it another 3% in 2021.

Last quarter, Kinder Morgan comfortably generated enough distributable cash flow to cover its hefty dividend, with $652 million to spare. In addition, about 15% of the company is owned by its own management, revealing a strong insider belief in its future.

Current yield: 6.3%

3. AT&T (T)

AT&T has long been one of the highest-dividend-paying stocks in the S&P 500, with shares of the regulated telecom and media giant rewarding investors with regular dividend income rather than plowing its cash back into growth. Generally speaking, that means stability for the wireless giant and leading player in the 5G revolution.

Looking ahead, shares seem reasonably priced at less than 10 times forward earnings, and the company’s streaming service, HBO Max, offers some modest growth potential.

The acquisition of Time Warner also gives AT&T a compelling degree of vertical integration, combining its status as a cable provider with the ownership of a number of popular channels, including CNN, TNT, Comedy Central and MTV, among many others.

Current yield: 6.91%

4. Williams Cos. (WMB)

Williams Cos. is a large-cap pipeline company based in Tulsa, Oklahoma. Its bread and butter is the transportation of oil and natural gas – a service that will be in demand as long as fossil fuels are consumed. With more than 30,000 miles of pipelines, WMB’s infrastructure is almost impossible for rivals to replicate; in that way, the company resembles the sustainable competitive advantage enjoyed by railroad companies.

Regulated rates and long-term contracts mean WMB has some of the same cash flow predictability that utilities enjoy, and although the company has a fair amount of debt on its books, it should be able to pay some of that down with what analysts expect to be rising profits as the energy sector recovers.

Current yield: 6.95%

5. Altria Group (MO)

Like a number of other stocks on this list, tobacco behemoth Altria Group doesn’t have the trailing earnings to justify its current dividend, which works out to $3.44 per share annually, despite trailing earnings of just $2.41 per share. Although not ideal, that’s OK, since 2020 was a tough year for much of corporate America and because analysts expect the future to be brighter.

Wall Street expects earnings per share (EPS) to hit $4.88 next year. One thing that should be of concern: the Biden administration is reportedly considering banning cigarettes with addictive levels of nicotine, as well as banning menthol.

Understandably, this caused tobacco stocks like Altria to plunge, contributing to a corresponding surge in its dividend yield. If Marlboro-maker Altria can only sell cigarettes that aren’t addictive, much of its customer base would likely erode.

Current yield: 7.22%

How Can I Make Passive Income?

With passive income you can have money coming in even as you pursue your primary job, or if you’re able to build up a solid stream of passive income, you might want to kick back a little. Either way, a passive income gives you extra security.

1. Selling information products

One popular strategy for passive income is establishing an information product, such as an e-book, or an audio or video course, then kicking back while cash rolls in from the sale of your product. Courses can be distributed and sold through sites such as Udemy, SkillShare and Coursera.

Alternatively, you might consider a “freemium model” – building up a following with free content and then charging for more detailed information or for those who want to know more. For example, language teachers and stock-picking advice may use this model. The free content acts as a demonstration of your expertise, and may attract those looking to go to the next level.

2. Rental income

Investing in rental properties is an effective way to earn passive income. But it often requires more work than people expect.

If you don’t take the time to learn how to make it a profitable venture, you could lose your investment and then some, says John H. Graves, an Accredited Investment Fiduciary (AIF) in the Los Angeles area and author of “The 7% Solution: You Can Afford a Comfortable Retirement.”

For example, if your goal is to earn $10,000 a year in rental cash flow and the property has a monthly mortgage of $2,000 and costs another $300 a month for taxes and other expenses, you’d have to charge $3,133 in monthly rent to reach your goal.

3. Flip retail products

Take advantage of online sales platforms such as eBay or Amazon, and sell products that you find at cut-rate prices elsewhere. You’ll arbitrage the difference in your purchase and sale prices, and may be able build a following of individuals who track your deals.

Opportunity: You’ll be able to take advantage of price differences between what you can find and what the average consumer may be able to find. This could work especially well if you have a contact who can help you access discounted merchandise that few other people can find. Or you may be able to find valuable merchandise that others have simply overlooked.

Risk: While sales can happen at any time online, helping make this strategy passive, you’ll definitely have to hustle to find a reliable source of products. Plus, you’ll have to invest money in all of your products until they do sell, so you need a robust source of cash.

You’ll have to really know the market so that you’re not buying at a price that’s too high. Otherwise, you may end up with products that no one wants or whose price you have to drastically cut in order to sell.

4. Peer-to-peer lending

A peer-to-peer (P2P) loan is a personal loan made between you and a borrower, facilitated through a third-party intermediary such as Prosper or LendingClub. Other players include Funding Circle, which targets businesses and has higher borrowing limits, and Payoff, which targets better credit risks.

Opportunity: As a lender, you earn income via interest payments made on the loans. But because the loan is unsecured, you face the risk of default, meaning you could end up with nothing.

To cut that risk, you need to do two things:

• Diversify your lending portfolio by investing smaller amounts over multiple loans. At Prosper.com and LendingClub, the minimum investment per loan is $25.
• Analyze historical data on the prospective borrowers to make informed picks.

Risk: It takes time to master the metrics of P2P lending, so it’s not entirely passive, and you’ll want to carefully vet your prospective borrowers, and because you’re investing in multiple loans, you must pay close attention to payments received. Whatever you make in interest should be reinvested if you want to build income.

Economic recessions can also make high-yielding personal loans a more likely candidate for default, too, so if COVID-19 continues to hurt the economy, these loans may go bad at higher than historical rates.

5. Dividend stocks

Shareholders in companies with dividend-yielding stocks receive a payment at regular intervals from the company. Companies pay cash dividends on a quarterly basis out of their profits, and all you need to do is own the stock. Dividends are paid per share of stock, so the more shares you own, the higher your payout.

Opportunity: Since the income from the stocks isn’t related to any activity other than the initial financial investment, owning dividend-yielding stocks can be one of the most passive forms of making money. The money will simply be deposited in your brokerage account.

Risk: The tricky part is choosing the right stocks.

For example, companies issuing a very high dividend may not be able to sustain it. Graves warns that too many novices jump into the market without thoroughly investigating the company issuing the stock. “You’ve got to investigate each company’s website and be comfortable with their financial statements,” Graves says. “You should spend two to three weeks investigating each company.”

That said, there are ways to invest in dividend-yielding stocks without spending a huge amount of time evaluating companies. Graves advises going with exchange-traded funds, or ETFs. ETFs are investment funds that hold assets such as stocks, commodities and bonds, but they trade like stocks. ETFs also diversify your holdings, so if one company cuts its payout, it doesn’t affect the ETF’s price or dividend too much.

“ETFs are an ideal choice for novices because they are easy to understand, highly liquid, inexpensive and have far better potential returns because of far lower costs than mutual funds,” Graves says.

Another key risk is that stocks or ETFs can move down significantly in short periods of time, especially during times of uncertainty, as in 2020 when the coronavirus crisis shocked financial markets. Economic stress can also cause some companies to cut their dividends entirely, while diversified funds may feel less of a pinch.

6. Create an app

Creating an app could be a way to make that upfront investment of time and then reap the reward over time. Your app might be a game or one that helps mobile users perform some hard-to-do function. Once your app is public, users download it and you can generate income.

Opportunity: An app has huge upside, if you can design something that catches the fancy of your audience. You’ll have to consider how best to generate sales from your app. For example, you might run in-app ads or otherwise have users pay a nominal fee for downloading the app.

If your app gains popularity or you receive feedback, you’ll likely need to add incremental features to keep the app relevant and popular.

Risk: The biggest risk here is probably that you use your time unprofitably. If you commit little or no money to the project (or money that you would have spent anyway, for example, on hardware), you have little financial downside here. However, it’s a crowded market and truly successful apps must offer a compelling value or experience to users.

You’ll also want to make sure that if your app collects any data that it’s in compliance with privacy laws, which differ across the globe. The popularity of apps can be short-lived, too, meaning your cash flow could dry up a lot faster than you expect.

7. REITs

A REIT is a real estate investment trust, which is a fancy name for a company that owns and manages real estate. REITs have a special legal structure so that they pay little or no corporate income tax if they pass along most of their income to shareholders.

Opportunity: You can purchase REITs on the stock market just like any other company or dividend stock. You’ll earn whatever the REIT pays out as a dividend, and the best REITs have a record of increasing their dividend on an annual basis, so you could have a growing stream of dividends over time.

Like dividend stocks, individual REITs can be more risky than owning an ETF consisting of dozens of REIT stocks. A fund provides immediate diversification and is usually a lot safer than buying individual stocks — and you’ll still get a nice payout.

Risk: Just like dividend stocks, you’ll have to be able to pick the good REITs, and that means you’ll need to analyze each of the businesses that you might buy — a time-consuming process. And while it’s a passive activity, you can lose a lot of money if you don’t know what you’re doing. Like any stock, the price can fluctuate a lot in the short term.

REIT dividends are not protected from tough economic times, either. If the REIT doesn’t generate enough income, it will likely have to cut its dividend or eliminate it entirely. So your passive income may get hit just when you want it most.

8. A bond ladder

A bond ladder is a series of bonds that mature at different times over a period of years. The staggered maturities allow you to decrease reinvestment risk, which is the risk of reinvesting your money when bonds offer too-low interest payments.

Opportunity: A bond ladder is a classic passive investment that has appealed to retirees and near-retirees for decades. You can sit back and collect your interest payments, and when the bond matures, you “extend the ladder,” rolling that principal into a new set of bonds. For example, you might start with bonds of one year, three years, five years and seven years.

In a year, when the first bond matures, you have bonds remaining of two years, four years and six years. You can use the proceeds from the recently matured bond to buy another one year or roll out to a longer duration, for example, an eight-year bond.

Risk: A bond ladder eliminates one of the major risks of buying bonds – the risk that when your bond matures you have to buy a new bond when interest rates might not be favorable.

Bonds come with other risks, too. While Treasury bonds are backed by the federal government, corporate bonds are not, so you could lose your principal if the company defaults. And you’ll want to own many bonds to diversify your risk and eliminate the risk of any single bond hurting your overall portfolio. And if overall interest rates rise, it could push down the value of your bonds.

Because of these concerns, many investors turn to bond ETFs, which provide a diversified fund of bonds that you can set up into a ladder, eliminating the risk of a single bond hurting your returns.

9. Invest in a high-yield CD or savings account

Investing in a high-yield certificate of deposit (CD) or savings account at an online bank can allow you to generate a passive income and also get one of the highest interest rates in the country. You won’t even have to leave your house to make money.

Opportunity: To make the most of your CD, you’ll want to do a quick search of the nation’s top CD rates or the top savings accounts. It’s usually much more advantageous to go with an online bank rather than your local bank, because you’ll be able to select the top rate available in the country. And you’ll still enjoy a guaranteed return of principal up to $250,000, if your financial institution is backed by the FDIC.

Risk: As long as your bank is backed by the FDIC and within limits, your principal is safe. So investing in a CD or savings account is about as safe a return as you can find. However, while these accounts are safe, they’re returning even less these days than before.

And with the Federal Reserve targeting 2 percent inflation, you’re likely to lose out to inflation in the short term at least. Nevertheless, a CD or savings account will yield better than holding your money in cash or in a non-interest bearing checking account where you’ll receive approximately zero.

10. Rent out your home short-term

This straightforward strategy takes advantage of space that you’re not using anyway and turns it into a money-making opportunity. If you’re going away for the summer or have to be out of town for a while, or maybe even just want to travel, consider renting out your current space while you’re gone.

Opportunity: You can list your space on any number of websites, such as Airbnb, and set the rental terms yourself. You’ll collect a check for your efforts with minimal extra work, especially if you’re renting to a tenant who may be in place for a few months.

Risk: You don’t have a lot of financial downside here, though letting strangers stay in your house is a risk that’s atypical of most passive investments. Tenants may deface or even destroy your property or even steal valuables, for example.

11. Advertise on your car

You may be able to earn some extra money by simply driving your car around town. Contact a specialized advertising agency, which will evaluate your driving habits, including where you drive and how many miles. If you’re a match with one of their advertisers, the agency will “wrap” your car with the ads at no cost to you. Agencies are looking for newer cars, and drivers should have a clean driving record.

Opportunity: While you do have to get out and drive, if you’re already putting in the mileage anyway, then this is a great way to earn hundreds per month with little or no extra cost. Drivers can be paid by the mile.

Risk: If this idea looks interesting, be extra careful to find a legitimate operation to partner with. Many fraudsters set up scams in this space to try and bilk you out of thousands.

12. Create a blog or YouTube channel

Are you an expert on travel to Thailand? A maven of Minecraft? A sultan of swing dancing? Take your passion for a subject and turn it into a blog or a YouTube channel, using ads or sponsors to generate your income. Find a popular subject, even a small niche, and become an expert on it.

At first you’ll have to build out a suite of content and draw an audience, but it can create a steady income stream over time, as you become known for your engaging content.

Opportunity: You can leverage a free (or very low cost) platform, then use your great content to build a following. The more unique your voice or area of interest, the better for you to become “the” person to follow. Then draw sponsors to you.

Risk: You’ll have to build out content at the start and then create ongoing content, which can take time. And you’ll need to be really passionate about the product, since that can help you maintain the motivation to continue, especially at the start as your followers are still finding you.

The real downside here is that you can outlay a bunch of your time and resources, with little to show for it, if there’s limited interest in your subject or niche. Your area of expertise may be too niche to really draw a profitable audience, but you won’t be sure of that until you experiment.

13. Rent out useful household items

Here’s a variation on renting out an idle car: Start even smaller with other household items that people may need but that may be collecting dust in your garage. Lawnmowers? Power tools? Mechanics tools and tool box? Tents or large coolers?

Look for high-value items that people need for a short period of time and where it might not make sense for someone to own the item. Then put together a way for clients to discover your inventory and a way for them to pay for it.

Opportunity: You can start small here, and then scale up if there’s interest in a particular area. Do people suddenly want a tent for weekend camping when the weather gets warmer or cooler? Figure out where the demand is, and then you could even go buy the item, rather than having it right on hand. In some cases you might be able to recoup the value of the item after a few uses.

Risk: There’s always the possibility that your property is damaged or stolen, but you can mitigate this risk with contracts that allow you to replace the item at the client’s expense. If you start small here, you’re not exposed to many risks, especially if you already have the item and you’re not likely to need it in the near future.

Pay particular attention to liability issues, especially if you’re renting out equipment that has the potential to be dangerous (e.g., power tools.)

Does GramFree Actually Pay?

On GramFree’s website, you are given ‘grams’ as a form of currency. Users are told they can exchange grams for real money, but this barely true.

Let’s take a look at the REAL value of a gram.

While grams have an exchange value outside of the website, they are not a proper cryptocurrency until they have been fully developed. As of 2020, 1 gram is equal to 1.78USD, but the grams you earn on GramFree are worthless until you “cash out”.

In order to withdraw the money you have earned, you need to makeover 500 grams. That means you would need to make the equivalent of $280 on Gramfree to be able to cash out.

But how easy is it to make 500 grams? Not very.

If you WERE to generate enough cash top ‘cashout’, it would take you over 60 days to make 500 grams doing the daily tasks. These daily tasks include:

• Signing SMART contracts (you earn 0.5 GRAM per contract).
• Recruiting other people (less than 10 grams per person)
• Watching videos (0.1 gram per video).
• Entering the daily lottery (an average of 1 gram per entry).

Many GramFree fans have tried to make money from new recruits by promising the website can make you rich. That’s a lie.

Read Also: How to Make Money on the Side While Living in Japan

Get Paid To websites give people rewards for saying positive things about them online – so be careful when reading positive reviews of GramFree. It’s very likely the person who is telling you you will get rich will profit off of you.

While GramFree may sound appealing, it is extremely difficult (if not impossible) to make any money from this website – which has lead to many websites (like mine) assuming GramFree of operating a scam.

Every task on the website is designed to trick you into buying Grams.

GramFree is a scam because the platform promises users money they have no intention of providing. They use false advertising, tricks to get you to buy grams and cheat users into bringing other users into the scam.

Is it Possible to Make 100 a Day Day Trading?

The short answer is yes. The long answer is that it depends on the strategy you plan to utilize and the broker you want to use.

Technically, you can trade with a start capital of only $100 if your broker allows. However, it will never be successful if your strategy is not carefully calculated. For this reason, you should support the idea to trade with only $100 through detailed research, a thorough calculation of your strategic outcomes and strict risk management rules.

• Step 1: Select a brokerage. Finding an online broker that allows you to trade in the style you want will help you successfully conduct trades.
• Step 2: Pick the securities you want to trade. Do your research and decide what you want to start trading.
• Step 3: Work out a strategy. Before you begin making your trades, decide what strategy you want to stick to.
• Step 4: Begin trading. Once you have your account set up and have taken the necessary prerequisite steps, you can start day trading.

Day trading could be a stressful job for inexperienced traders. This is why some people decide to try day trading with small amounts first. Trading with a bankroll of only $100 is possible but will require some extra amendments in order to reflect your account on an acceptable pace.

You can always try this trading approach on a demo account to see if you can handle it. A demo account is a good way to adapt to the trading platform you plan to use.

Closing Thoughts

By now you understand how you can make money online. Whether you just want to earn an extra couple hundred bucks a month or start a new career, everything depends on you.

Don’t let the list above overwhelm you, but instead ask yourself what you would enjoy doing? Take your current skills into consideration and see how you can apply them to one of the opportunities on this list.

Remember, just like any way of earning money, it might not happen right away. But, with persistence and dedication, you will get there