About ten years ago, I started a blog called Good Money Cents. While my website was making tons of revenue now, I first built my blog as a marketing tool for my money planning practice.
At the time, I knew nothing about online marketing, social media, or SEO. In fact, I was just not aware of the fact that you can make money online. Luckily, I met some mentors along the way who showed me that I could use my online presence to earn real money.
This was a great change of mind for me from, until then, the only way I knew how to make money was to go out and get more customers. I did not know it at the time, but eventually I would have to change my full-time job for personal blogging.
Now that you know my history, it is time to dig into some of the ways you can start earning a living or working online. If you would like to make money online and in your spare time, here are 21 ways you can earn $ 100 or more a day:
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When I started my blog, I faced many limitations as a financial advisor. As a result, one of the ways I made money at the time was using Google Adsense. With this revenue stream, just sign up and Google will give you a code that you can copy and paste into your website. From there, Google does the rest and gets paid whenever someone clicks on your ads and / or makes a purchase.
When I finally added Google Adsense to my website, I was able to earn my first $ 100 payment within three months. This is great, but a lot of people have asked me how I made so much money with Adsense in the first place.
You have to remember that, as a financial advisor, most of the ads on my website are well-paid financial products. If your blog is in a different place like food or fashion, it may take you a long time for your ads to pay for your first $ 100 check.
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The second way I made $ 100 at first was with text links. If you are wondering what the text links are, check any topic on the web and you will see highlighted words that you can click to take you to another web page.
Although I haven't seen you in a long time, there are many companies that are willing to pay $ 100, $ 200, and even $ 1,000 or more to link your website to theirs. But I was very happy when a few companies paid me $ 100 or more for posting a link to one of my blog posts.
Unfortunately, I eventually learned that selling text links is against Google's terms and conditions. If you do this consistently, your website will last longer.
For that reason, selling text links is not a good long-term strategy for making money. You can always do it without bad influence, but you will live with regret if you become greedy and overreact.
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For sponsored posts, the company pays you to mention their product or service on their website. Although I originally made $ 100 to $ 200 for each sponsored post I made on Good Financial Cents, I kept accumulating my prices over time.
How much can you earn? Blogger Alexis Schroeder of FITnancials says he usually earns $ 3,000 a month for sponsored posts. However, some blogs with extra traffic can easily earn $ 20,000 per sponsored post or more.
If you are planning to make a sponsored post, I definitely recommend working with companies you believe in and feel better about advertising. If you promote anything and everything other than making sure it matches your values, you will probably not gain much trust from your readers. Over time, this can hinder your efforts to grow your website in addition to revenue from sponsored posts that help.ย
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Affiliate marketing is one of the most profitable ways to make money online. When I was able to add relevant links to my website, I watched my earnings rise dramatically in a matter of weeks!
In the niche of financial planning, contacts include companies such as online brokerages, online banks, and financial instruments. These types of companies pay very good money if you are willing to improve them.
While the type of partner companies you work with will vary depending on the niche you are in, keep in mind that some companies will pay up to $ 100 per conversion. It is not too difficult to start earning real money with that kind of return on your time.
If you do not believe me, see Making Sense of Cents. Michelle Schroeder-Gardner is an entrepreneur who runs this blog, and is the founder of a course called Making Affiliate Marketing. With her website sales and tutorials, Michelle is always earning more than $ 100,000 a month. No, that's not a typographical error.
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Display ads are very similar to Google Adsense except that the reader does not have to click on the ad to make money. Think of advertisements displayed as billboards on your website instead of on the highway.
With ads displayed, you get paid based on the number of times your ads are viewed no matter what. For that reason, these ads will work better for you as your website traffic increases over time.
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Independent writing is another way to earn an income online if you are not interested in earning some of your income through active work. Another advantage of free writing is that you can get exposure to writing for large websites.
One of the first websites I wrote paid me $ 150 per article. This was not a lot of money, but I used the opportunity to improve my writing skills and get my name out there. I donโt write much for other people, but I do know a lot of freelance writers earning $ 250, $ 500, and even $ 1,000 or more per article.
Some freelance writers I know earn even six or more figures writing at home each year. This includes blogger Holly Johnson, who earns more than $ 200,000 a year by writing articles on other websites. Johnson also offers courses that you can explore if you want to be a freelance writer but need help getting started.
๐: Finding New Customers for Your Business
When I started my blog, I imagined my website as a marketing tool to get new customers for my financial planning experience. This strategy has worked well as my online presence has helped me build authority and reach people whom I may not have otherwise reached.
If you have a business-based business of any kind, I would totally recommend starting a blog or building an online presence that you can use to get new customers. This can help you build your customer base as I do, and it is much more fun than calling or holding boring seminars.
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If you have experience in a particular field, you can also use the Internet to build a training business. This is something that happened to me by accident. As I built my blog and my product, a lot of people started reaching out to me to learn how I do it and how they can apply the same ideas to their business. Although at first I offered free advice because I enjoyed it, I eventually started charging a consultation fee.
How much you earn depends on the type of niche you are going to enter. According to the latest figures, top coaches make about $ 325 per hour while business coaches make more than $ 235 per hour. On the other hand, life coaches can afford to charge about $ 160 per hour.
If you are an expert in your field and people are constantly asking you to "choose your mind," you should start charging people. Your time is important as well as your advice
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When I was just a few years into the Good Financial Cents, I started a second website called Jeff's Life Insurance. When we started this website to build our own tracks, we came up with a lot of leaders that we could not control on our own.
Eventually, I found out that a few insurance companies were willing to pay for the tracking done through my website. These companies will pay between $ 35 and $ 100 each lead, which is crazy. This really opened my eyes as I did not know this was possible.
Also note that it is not just health insurance companies who are willing to pay for the trail. There are plenty of different production methods and techniques out there, so make sure you consider every opportunity.
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There are all kinds of digital products out there, but there is always more space. I even have a few of my own!
If you sign up for my free Make 1K Challenge where I show you how to start a blog and make your first $ 1,000, for example, I have a $ 7 upgrade that includes some PDFs and video behind the scenes. Although $ 7 doesn't sound like a lot of money, this one product still helps me earn another $ 1,500 to $ 2,000 a month by doing nothing!
Another example of digital products is the vast world of printing. Many online entrepreneurs make digital products that their customers can print at home, and often make a bank by doing so. Although many bloggers have printable budget templates, diet plans, or checklists, you can find examples at Etsy.com.
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I've talked about my digital products before, but remember you can do almost any digital product on your own. It could be a PDF, a video series, or a tutorial - anything you think fits your business model. Just remember that you have to deliver goods and make sure your product is of the highest quality. If you sell crap just to make money, you will lose stred cred very quickly.
In a post I wrote about how much YouTubers really do, I shared that some YouTube stars have their lessons. For example, the famous YouTuber real estate agent Graham Stephan earns a ton of money by selling real estate lessons through his Real Estate Agent. How do you earn that much money? His courses start at $ 497 each. This is just one example, but there are many more.
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Like anyone else, you can set up an online merchant account and buy ETFs or shares. I was able to make at least $ 100 a day from my long-term investment, and this income is one of my favorites as it does nothing.
There are so many ways to invest online these days that there is no reason not to do so. I'm tired of excuses, so start investing your money to grow long-term wealth today. #RantOver
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For a long time now I have been making money through peer lending. With websites like the Lending Club, borrowers and investors can connect to create equally lucrative financial services. On the investment side, you can invest on loans for most people who need to borrow money across the United States. Repayment is usually high on these loans, and you can use these forums to generate income while helping someone.
Which peer-to-peer borrowing forums should you sign up for? David Galland of Gallan Research is throwing in all the options over the past few years. Finally, he said the best peer forums for investors were Lending Club, Prosper, Upstart, and Funding Circle.
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There are many real estate investment websites out there, but the one I still use today is Fundrise.com. With Fundrise, you add money to your account and professional investors will invest in your behalf and pay you dividends. If you want to invest in real estate without the hassle of owning a property, this is a great way to start with a small investment of up to $ 500.
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Like blog-sponsored posts, sponsored community shares are often the company pays you to post about them on social media. This can be on Facebook, Instagram, Twitter, or any other social media platform.
I donโt do much of this, but my wife gets paid a lot of money to post pictures and talk about things like furniture, rugs, and baby clothes. It's almost ridiculous for me how much money you can earn, and it's amazing the kinds of things people will pay for!
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One way my wife always makes money by selling things online. You often sell our stuff online through various Facebook groups. For example, we recently sold this wooden coffin that someone gave him for free as part of a social media platform.
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A day later, my wife and a business associate had a product of a subscription box called Happy Mother's Box. They had 1,000 customers who paid $ 35 a month in these beautiful boxes full of favorite products for happy moms.
In the end, it all came down to him and he and his colleagues decided to close the business. However, this only shows what kind of opportunity there is.
For example, a few popular YouTube users have their own stores that they use to sell visual products. Jeffree Star sells makeup, for example, and Jake Paul sells all kinds of fan goods through his online store. You can also head to Etsy.com and find all kinds of entrepreneurs selling home soap, unique home decor, T-shirts, and much more you can think of.
The bottom line: Visual products can also help you earn real money, so be sure to check out the different products you can sell. This may mean reducing the shipping products you market as an ambassador, but it may also mean coming up with your own product to sell.
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Although I used YouTube back in 2011, I did not open ads until 2017. When I finally opened the ads, I started making $ 5,000 for $ 6,000 a month!
YouTube ads are easy because all you have to do is open the ads every time you publish a video. Obviously, you will earn more money with this strategy as you build your audience.
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People buy and sell websites all the time for a variety of reasons. Also, if you know what to look for, it is easy to buy websites that can help you earn an income over time.
Personally, I have purchased several sites over the years including FinanceforTeachers.com. I haven't done anything with the site since I bought it last year, but it still helps me earn $ 100 to $ 150 a month without any effort at all.
If you want to check out websites and URLs currently on sale, go to Flippa.com.
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This strategy is associated with sponsored posts, but is more involved. Most brands want more than just sponsored posts when working with you. In fact, they are often willing to pay for a particular type of support package that includes written content, videos, social sharing, and more.
I have done a few of these over the years, and they can be very beneficial but also very painful! But, if you are willing to skip certain hoops and have a great following, you can look at product support as another way to make money online.
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Finally, you might consider writing a book. I wrote the book Soldier of Finance several years ago, but I still sell them to this day. The growth of my YouTube channel has been a big part of that, for which I am very grateful.
The great thing about a book or eBook is that, once it is out, you can keep selling it over and over again. Also, you can write a book on any topic you want! If you are interested in any subject, hobby, or idea, other people may be too.
Bottom Line
While these are some of the ways to make money online, this list does not cover everything. We did not mention Facebook ads, sales arbitrage, membership groups, or a ton of other tricks!
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If you need to make extra money on the side, remember to consider all the different ways you can earn money online. Even if most of these strategies do not sound exciting to you, there is a good chance that one of these ideas will fit your lifestyle and goals. Start making money online and I guarantee you will not regret it.
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