There are lots of different ways to make extra money online. Earning extra income can help you pay off debt faster, break the cycle of living paycheck to paycheck, and more.
For example, with the extra cash, you can:
- Rest well, knowing your utility bills/mortgage payments will be paid on time;
- Experience less financial strain on your relationships;
- Build an emergency fund for unexpected medical/dental issues;
- Build an investment portfolio and save for your kids’ college or your early retirement. If you’re in the UK, the USA, or Canada, check out our Wealthsimple Review 2020 and learn more about saving and building your investment portfolio today;
- Make charitable donations;
- Have more fun: go on more exciting family vacations, book a couple’s massage or try out that new restaurant downtown. The opportunities are endless!
All in all, earning extra money (on top of your day job) can change your life for the better and increase its quality.
Therefore, check out this list of 11 legitimate ways to make money online and earn an extra $100 this month.
#1 Get paid to take online surveys
Did you know that businesses are willing to pay you for your opinion on their products and services?
Just sign up for several survey websites (to maximize your earning) and start making money today. After a while, choose the surveys which pay the most money and continue to earn more cash.
Best online surveys to start making money today:
- Survey Junkie
- My Points
- American Consumer Opinion
#2 Start a proofreading gig
If you’re good at spotting grammatical mistakes, then consider starting a proofreading hustle from the comfort of your home.
According to indeed.com, the average proofreader salary in the United States is $22.48 per hour as of September 2020.
Of course, the amount of money you make will depend on your skills, previous experience, education and other factors. But it’s a good start!
#3 Make money by decluttering your closet
If you have clothes just sitting in your closet that you no longer wear, consider selling them online. This can be a fast and easy way to make extra money.
Best places to sell your clothes online:
- Depop (Depop charges 10% of each sale (plus PayPal fees)
- Vinted (No charges)
- eBay (There’s a small listing fee plus 10% charge on all sales)
- For those in the UK – ASOS Marketplace (£20 a month, 20% charge on all sales)
- Preloved (No charges)
- Etsy ($0.20 listing fee, 5% transaction fee)
#4 Make money as a virtual assistant
A virtual assistant provides services to companies and/or individuals. It can be a great way to make extra money online. Whether it’s responding to emails or phone calls, scheduling meetings or making travel arrangements, there’s a wide range of tasks a virtual assistant can offer.
According to indeed.com, the average virtual assistant salary in the United States is $18.18 per hour as of September 2020.
However, companies like the One Contact Center are willing to pay up to $78.78 per hour.
#5 Teach English as a second language online
If you’re a native or near-native English speaker, you can offer private English lessons to people who want to improve their skills.
According to a 2016 survey published by the China Youth Daily, nearly 70% of Chinese parents have their children learn English before they are 5 years old due to giving children an early advantage.
One thing is clear: English language teachers are in demand, especially in countries like China, South Korea, Japan, the United Arab Emirates and others.
Best websites to start teaching English as a second language today:
#6 Cut subscriptions
Before you try every side hustle under the sun, take some time to go through your current spending. Where can you easily cut back?
Bills people often overpay for include:
- Car insurance
- Credit card interest
#7 Create an online course on something you know and then sell it
For example, suppose you’re a marketing expert.
In that case, you can create an online course on search engine optimization (SEO), content creation or social media training/management.
If 10 people bought the course for $25 each, that is a quick $250 you just made.
To give you more ideas, check out this short list of topics you could create an online course about:
- Building a website
- Graphic design
- Meal planning/cooking
- Muscle building/working out at home
- YouTube video creation, and more!
#8 Become a video game tester and get paid for playing
Video game developers use beta testing to uncover bugs in their work before releasing it to the public.
If you have a talent for spotting mistakes and enjoy playing video games, beta testing could be a fun way to make extra money.
For many tests, you’ll be asked to write about your experience in trying out the game.
Best websites to start getting paid for playing video games:
#9 Start online market trading
While this isn’t necessarily an easy way to make money online, investing in stock markets can be profitable if you learn to do it correctly and safely.
Be aware that you may suffer financial losses if you don’t take it seriously.
To learn more about online trading, including how to start, the benefits and risk, check out our guide on Forex trading.
#10 Sell your photos
Are you a professional photographer? Or maybe you enjoy taking pictures in your spare time? Did you know that you can sell your photos to stock photo agencies and make money?
You will get paid based on the number of downloads. Every time someone downloads one of your photos, you’ll get a commission.
Best websites to sell your photos online:
- Adobe Stock
#11 Sell your videos (stock footage)
If you have a slightly newer mobile phone that captures at least 1080p (HD) quality (better yet 60fps / 4K) – then you can create video content on your phone and sell it on stock footage platforms without any initial investment.
The good news is that there is a company called BlackBox that automatically distributes your uploaded video footage for the largest stock footage platforms like Shutterstock, Vimeo, Pond5, Adobe Stock, and more. This can save you a lot of time and maximize the chances of selling your video. Moreover, you no longer have to upload the same video to several different platforms.
The company takes a 15% commission for such services, but this is totally worth it. When working with the stock footage – creativity often beats the technical specifications behind it, so the more creative your shots are – the more chances you have to sell it and get paid.
Please note: It is mandatory to read their comprehensive FAQ/manual which you will find on your dashboard once you register. Also, be sure to join “BlackBox.global Members” Facebook group that currently has over 16,000 creators who share their insights on a daily basis. They can also answer all the questions you may have.
Here’s a cool video that explains how stock footage works and what kind of videos do sell. On average, creators earn $20 – $150 per shot.
Sign up for a free BlackBox account and start your stock footage journey now.
As you can see, there are many different ways you can start to make extra money today. No matter what your skill sets are, there’s an opportunity waiting for you to boost your income. You’ve got this!