If you want to make money online in your leisure time, have a look at these 21 methods to make $100 or more each day:
1: Google AdSense
As a financial counselor, I had a lot of limitations when I first started my blog. As a result, Google Adsense was one of the few methods I could make money at the time. Simply sign up for this income-generating method, and Google will provide you with a code to copy and paste onto your website. The rest is handled by Google, and you are compensated whenever someone clicks on your advertisements and/or makes a purchase.
I was able to make my first $100 reward three months after I finally enabled Google Adsense to my website. This is fantastic, but many people have asked me how I was able to earn so much money using Adsense at initially.
Keep in mind that, as a financial adviser, the majority of the advertising on my website are for high-yielding financial products. It may take longer for your advertisements to pay off with your first $100 check if your site is in a different area, such as cuisine or fashion.
2: Text Links
At initially, the second method I made $100 was through text links. If you’re not sure what text links are, look at any article on the internet and look for highlighted words that you may click to get to another page.
There are a lot of firms ready to pay $100, $200, or even $1,000 or more for you to link from your website to theirs, something I didn’t understand for a long time. However, I was ecstatic when a couple firms offered to pay me $100 or more simply for including a link in one of my blog entries.
Unfortunately, I discovered that selling text links is against Google’s terms of service. If you do this on a regular basis, your website will suffer long-term consequences.
As a result, selling text links isn’t a viable long-term revenue stream. You may do it once in a while without harm, but if you grow greedy and overdo it, you will live to regret it.
3: Sponsored Posts
A firm pays you to write about their product or service on their website in a sponsored article. While I originally made $100 to $200 every sponsored article on Good Financial Cents, I gradually increased my rates.
How much money can you make? FITnancials blogger Alexis Schroeder claims that sponsored posts make her $3,000 per month on a regular basis. Some sites with more readership, on the other hand, may easily earn $20,000 or more each sponsored article.
If you’re going to conduct sponsored articles, I strongly advise you to only work with brands you believe in and are proud to promote. You won’t acquire much trust from your readers if you promote everything and everything without making sure it matches with your beliefs. This might eventually damage your attempts to expand your website more than the revenue from sponsored content helps.
4: Affiliate Marketing
One of the most lucrative methods to generate money online is through affiliate marketing. When I was able to add affiliate links to my website, my earnings skyrocketed in only a few weeks!
Affiliates in the financial planning area include internet brokerages, online banks, and financial tools. If you’re willing to promote these businesses, you may earn a lot of money.
While the affiliates you work with may differ based on your niche, bear in mind that certain firms will pay you up to $100 for each convert. With that type of return on your time, it’s not difficult to start earning real money.
5: Display Ads
Display advertisements are comparable to Google AdSense in that you don’t need the reader to click on the ad to generate money. Consider display advertisements to be online billboards rather than billboards on the side of the road.
With display advertising, you’ll always get paid depending on how many times your advertisements are seen. When a result, as your website’s traffic rises, these adverts will become more effective for you.
6: Freelance Writing
If you don’t mind working for a portion of your money, freelance writing is another method to make money online. Another advantage of freelance writing is the opportunity to get visibility by contributing to larger websites.
One of the earliest websites for which I contributed articles compensated me $150 each piece. This wasn’t a large sum of money, but it allowed me to enhance my writing abilities and publicize myself. I don’t write for other people as often as I used to, but I know a lot of freelance writers who make $250, $500, or even $1,000 every piece.
Some of the freelance writers I know make six figures or more per year working from home. Blogger Holly Johnson, for example, earns more than $200,000 per year producing posts for various websites. If you want to become a freelance writer but need some help getting started, Johnson also offers a course.
7: Getting New Clients for Your Business
I started my blog with the intention of using it as a marketing tool to attract new clients for my financial planning firm. This technique worked well since my internet presence allowed me to establish authority and connect with people I would not have met otherwise.
If you run a service-based business of any type, I strongly advise you to start a blog or establish an online presence that you can utilize to attract new customers. This may help you expand your customer base in the same way that it helped me, and it’s a lot more enjoyable than cold-calling or dull lectures.
You may also utilize the internet to create a tutoring company if you have knowledge in a certain subject. This was an unintentional occurrence for me. As I developed my blog and brand, a flood of individuals approached me, wanting to know how I did it and how they could apply the same concepts to their own businesses. While I used to give free advise because I loved it, I ultimately began charging a consultation fee.
The amount you make is determined by the sort of specialty you choose. Executive coaches make approximately $325 per hour, while business coaches make around $235 per hour, according to current figures. Life coaches, on the other hand, can charge between $160 and $180 per hour.
You should start charging people if you’re an expert in your industry and they regularly want to “pick your brain.” Your time, as well as your advise, is really useful!
9: Selling Leads
I established an website to generate our own leads, but I quickly reached a point where I couldn’t manage them all on our own.
After a while, I discovered that a few insurance firms were ready to pay for leads provided by my website. These businesses would pay anywhere from $35 to $100 per lead, which is ridiculous. I had no clue this was possible, so this was a real eye-opener for me.
It’s also worth noting that lead buyers aren’t limited to life insurance firms. There are a lot of various lead generating outlets and methods out there, so make sure you look into them all.
10: Digital Products
Although there are several digital items available, there is always space for more. I’ve even got a couple of my own!
The vast world of printables is another example of digital items. Many internet businesses generate money by creating digital items that their consumers may print at home. While many bloggers have their own printable budget templates, food plans, or checklists, Etsy.com has plenty of options.
11: Online Courses
I’ve already discussed my digital items, but bear in mind that you may create almost any digital product on your own. It might be a PDF, a video series, or a course — anything you believe would work best for your company. Just remember to deliver the items and ensure that your product is of great quality. You’ll quickly lose street cred if you sell garbage merely to earn a profit.
In an article on how much YouTubers actually make, I mentioned that some of them have their own courses. Graham Stephan, a well-known real estate YouTuber, makes a lot of money offering real estate courses through his Real Estate Agent Academy. How did he manage to make so much money? Each of his classes costs $497. That is only one example; there are many others.
12: Investment Gains
You may open an online brokerage account and buy ETFs or equities just like anybody else. For a long time, I’ve been able to generate at least $100 each day from my investments, and this income is one of my favorites because it’s completely passive.
Keep in mind that having traditional assets as well as an internet business that may help you earn passive income is essential.
There are so many options for investing online these days that there is almost no reason not to. I’m tired of making excuses, so start investing today to build long-term wealth.
13: Peer-to-Peer Lending
For a long time, I’ve been making money using peer-to-peer lending. Borrowers and investors can interact on platforms like Lending Club for mutually beneficial financial transactions. On the investment side, you may put your money into crowdsourced loans for people who need money all around the country. The returns on these loans are typically large, and you may utilize these platforms to generate additional passive income while simultaneously assisting others.
Should you join any of the peer-to-peer lending platforms? Gallan Research’s David Galland looked at every possibility a few years ago. Finally, he stated that Lending Club, Prosper, and Funding Circle were the finest peer-to-peer platforms for investors.
14: Crowdfunded Real Estate Investing
There are a number of real estate investment websites out there, but Fundrise.com is the one I still use today. You deposit money into your Fundrise account, and experienced investors invest it on your behalf and give you dividends. If you want to get started investing in real estate without the headaches of being a landlord, here is a wonderful way to do it for as little as $500.
Sponsored social shares work similarly to sponsored blog articles in that a company pays you to promote about them on social media. This may happen on any social media network, including Facebook, Instagram, Twitter, and others.
My friend is paid to upload photographs and chat about stuff like furniture, rugs, and children’s clothes, which I don’t do much of. It’s almost comical to me how much money you can make, and it’s amazing what people will pay for!
16: Selling Stuff Online
Another way my friend gets money is by selling things on the internet. She usually sells goods on Facebook in various groups. For instance, she recently sold a free wooden hutch that was given to her as part of a social media promotion.
Selling goods is a wonderful method to utilize the internet to generate extra money if you have items to sell and don’t mind spending some time making free advertisements on Facebook or a website like craigslist.org.
17: Sell a Physical Product
My friend and one of her business partners used to have a subscription box called Happy Mommy Box. They had 1,000 clients paying $35 per month for these adorable boxes filled with items that happy moms like.
She eventually became overwhelmed by it all, and she and her business partner decided to close it down. This, however, just serves to demonstrate the scope of the potential.
Several well-known YouTubers, for example, have their own storefronts where they sell real goods. For example, Jeffree Star offers cosmetics, while Jake Paul’s web store sells a variety of fan merchandise. You may also discover all kinds of businesses offering handcrafted soaps, unusual home decor, T-shirts, and just much anything else you can think of on Etsy.com.
Bottom line: Physical items may help you earn actual money, so be sure to look into the many products you could offer. This might mean selling drop-shipped items as an affiliate, or it could mean creating your own product to sell.
18: YouTube Ads
Ads on YouTube are simple to set up because all you have to do is enable them every time you post a video. Obviously, as your readership grows, you’ll make more money with this method.
19: Buying and Selling Websites
Websites are frequently bought and sold for a variety of reasons. It’s also simple to acquire websites that can help you make some passive money over time provided you know what to search for.
Over the years, I’ve purchased numerous websites. I haven’t done anything with the site since I purchased it a year ago, yet it still allows me to earn $100 to $150 each month with little work.
Flippa.com is a great place to look for websites and URLs that are presently for sale.
20: Brand Sponsorships
This technique works in conjunction with sponsored articles, but it’s a lot more complex. When it comes to working with you, many businesses want more than just a sponsored article. In fact, they are frequently ready to pay for a sponsorship package that includes written material, videos, social media shares, and other elements.
I’ve done a number of them over the years, and they can be quite profitable but also extremely inconvenient! However, if you’re prepared to jump through some hoops and have a sizable following, brand sponsorships are an excellent method to supplement your online income.
21: Book or eBook
Finally, you may think about writing a book.
The great thing about a book or an eBook is that you can sell it again and over again once it’s out there. You may also write a book on any subject you choose! If you’re passionate about a topic, a pastime, or an idea, chances are that others are as well.
If you need to supplement your income, keep in mind all of the many methods you may make money on the internet. Even if most of these ideas don’t sound like much fun to you, there’s a high chance that one of them will fit your lifestyle and aims perfectly. You will not be sorry if you begin making money online.