Some people call them side hustles, others call them the grind, and some just don’t talk about it at all. Making money online has never been easier than it is now. But it is still competitive and takes work. It isn’t a magic button to make your financial hopes materialise, but it will get you there a little bit faster.
It is better to set some goals for your extra income. That motivation can keep you coming back to your extra work and making money. It might be that you want some month to explore the world, you’re trying to calculate mortgages, or there is a car you have your eye on.
It can also be smaller things like saving a few pounds a month, paying debt down or covering events like Christmas without worrying about your normal income.
“Making money is a hobby that will complement any other hobbies you have, beautifully” -Scott Alexender
Yes, let’s start with lightening your whole life. Selling clothes, you don’t love or don’t wear. There is a lot to be said for getting rid of things you don’t love or use. It’s good for you mentally to have less to think about. It’s a strange thing, but the more you have, the harder it is to make a decision. It is called the paradox of choice.
You might wonder how we relate this to make money? Well, selling the clothing brings in cash, but spending less time over decisions like choosing outfits? Go with time = money.
Test websites and apps
There are a few schemes that pay people to test out there website and mobile phone apps before they roll them out to the public. You don’t have to be able to code, or need technical language. You only need to be able to use the app or website like the average user. UserTesting.com is one of the most popular. Although there are other website and app testing platforms:
The pay varies from $10 to $100s depending on what you are required to do in terms of testing. You might also be required to record your screen or record answers. Testing website and apps can be more time-intensive, but if you are doing in your ‘spare’ time, it can add up pretty quickly.
“Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we’ve got 24 hours each” -Christopher Rice
Blogging can be lucrative, but it also takes some work to keep it going and make a profit. Technically, when you consider hosting is relatively cheap, as is the running of a website – everything you make over what you paid for the domain + hosting is profit. Many people try to make blogging their fulltime income, and others are happy with whatever it makes.
Here are some of the ways you can make money from your blog once it is established:
- Affiliate links – if you talk about products then have them listed using an affiliate link or a badge. Each time someone makes a purchase using them, you get a little bit of cash.
- Adverts – AdSense being the most commonly used one, but there are many advert platforms. Every time a user sees or interacts with the adverts, you will get some money.
- Sponsored blog posts – these are when an SEO, PR or brand asks to place content on your blog and will pay you to do so. They get a backlink and advertising. You get the money, but some prewritten content (super easy) or to create some fun content for yourself.
- Courses – you can create courses and guides related to your blogging journey to help others on that path too. These can be sold for as little as 99p, or hundreds if they are comprehensive and provide a lot of value to readers.
- Memberships – if you are creating high-quality content, and people are reading it, then it might be time for you to consider creating a membership style program and offering a quality service in exchange for a set amount per month.
Think about your experience in life. Is there anything that you feel like you could help other people with? Coaching is a popular way to make money and can be completely online. Coaching can often feel like the softer version of a consultant. This is exactly why it feels more accessible to regular freelancers and business owners. What would you do as a coach?
- Setting goals
- Helping clients sort through their needs from wants
- Creating a clear road for your client to achieve their goals
You can choose to have face to face meetings, or you might prefer to have email only contact. Coaching is flexible, and there are many niches.
If you have an iPad, a laptop and hour a day – you can create artwork to sell. There are so many places that you can upload your artwork to sell.
- Cafe Press
- Fine Art America
Once you have a stocked store, you can get to work on promotion. It is essential to keep in mind that the price people are paying isn’t going to be what you make. Instead, you will be making a lesser %.
However, when you consider that you don’t need to have the full cost of printing, hosting the store and products. If you spend just a short amount of time making the designs and have a clear idea of what you want to sell in the stores, it can be a nice passive income.
“As the economy is shifting, you need to have legitimate and creative sources of extra income. There are opportunities available that people have been using for years now” -Franklin Gillette
Etsy, eBay and Amazon
While these are technically selling online, rather than working online, they still work. If you have a love of making resin art, candles, jewellery or art prints, then you can sell them on Etsy, eBay or Amazon. It is important to remember they will all take a cut, and you will have some serious competition.
Promoting often and well will bring sales in.
It can be very competitive to sell your wares on Etsy, so you should read a few guides:
If you have a lot of experience in something and don’t want the hands-on the responsibility of coaching, you can create courses instead. They should have plenty of value of the person who buys the course, and you will need to have a website and some other supporting materials to show that the course is worth buying.
Here are a few places that you can sell your course:
- On your own website
There are other places that you can sell your course online. It is critical that if you decide to sell courses online, you need to make sure they are worth what you seel them for. You need to take into account marketing the course, and how many people in your network may already opt to buy a course from you. You can either leverage the mailing list you already have, or build on to match your new path.
Making extra money each week is totally possible, and you can use your own creative flair to increase that bank balance with a few of the ideas above.
Need more inspiration? Check out these podcasts about making money online.