5 Ways to Make Money Online
The sting of inflation may have you pondering how to make some extra income.
Newsloo rounded up 5 real ways to make money at home, online or out and about. For each potential side job, we list details like what it takes to get started, age requirements and how fast you can get paid. While most people want to make money fast, don’t discount the “slow” gigs, as they may pay more in the long run.
How to make money online
1. Pick up freelance work online
Make money online through websites such as Upwork, Fiverr and Freelancer.com. These sites offer opportunities to do a variety of freelance jobs, such as writing, programming, design, marketing, data entry and being a virtual assistant. Fluent in a second language? Check sites such as Gengo or Blend Express, or drum up business through a site of your own. No matter what freelancing you do, keep track of the going rate for the kind of work you provide so you know what to charge. Learn how to get started on Upwork.
A recent report from Freelancer.com found that creative writing jobs had the fastest growth in listings on its site in the second quarter of 2023, up 58%. And although generative artificial intelligence (AI) is being used more for content creation, it can’t fully do the work of human writers. Companies are looking for writers who know how to edit AI content and who have at least a basic understanding of search engine optimization — learning or beefing up SEO skills could be a lucrative side hustle. Some freelancers are charging $100 an hour or more for their freelance writing services.
Total time: It can take a while to get your first gig. Setup: 24-48 hours. How easy to start: Easy, if you have the expertise. How fast you’ll get paid: Varies by site.
2. Test websites and apps
Another way to make money from home is on sites like UserTesting.com. You get paid for your thoughts on how well — or not so well — certain websites and apps work. You’ll have to complete a short test to be accepted, then you’ll be paid depending on the test type.
Total time: Approval time can vary. Setup: Less than an hour. How easy to start: Easy, if you have the tech gear and complete a sample test. Age threshold: 18+. How fast you’ll get paid: 14 days.
3. Learn to use AI tools
The use of generative artificial intelligence is on the rise. A recent report from PwC estimates that the North American economy will see a $3.7 trillion impact by 2030, thanks to the AI market.
So there’s no better time to learn how to make money by using AI tools. Some AI-related side hustles include:
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Integrating AI tools as a freelancer, to help you create digital products or to edit AI content for a client.
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Improving your advertising, marketing efforts and management of your existing small business.
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Teaching others to use AI tools.
Total time: Depends on demand. Setup: Around 24-48 hours if using a site like Upwork or Freelancer.com. How easy to start: If you’re already familiar with AI tools, it will be easier to get started. Age threshold: 16+ for Freelancer.com and 18 for Upwork. How fast you’ll get paid: Varies by client or the number of products you sell and your chosen platform.
4. Make money from your blog with affiliate links
If you’re a blogger who gets decent traffic, you could make money by joining an affiliate network. Affiliates (that’s you) get paid when someone clicks through from the website to the partner site and buys something there. Some bloggers make a lot of money this way, particularly those who do affiliate marketing full-time. You can use social media or a platform like Pinterest to drive traffic to your blog. Read more about affiliate marketing and other ways bloggers can make money.
Total time: It can take quite a while to build an audience. Setup: With blog templates, building a site is easy. How easy to start: While getting started can be easy, creating regular content may be another matter. Age threshold: Any. How fast you’ll get paid: A month or two, on average.
5. Become an Instagram influencer
Companies are using Instagram influencers — people with large, dedicated followings on the platform — to rep their products. You can get in on the action by applying for opportunities via a marketing platform like Open Influence or Aspire, or by contacting the brands you want to work with. Read more about how to make money on Instagram. (You can also make money on TikTok this way.)
Total time: You’ll need to stick with it. Setup: Quick and easy. How easy to start: Not that easy. Read: Must build following to gain influence. Age threshold: 13+. How fast you’ll get paid: Varies on partnerships.
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