While there are ways that you can make quick cash, there are also a variety of growth opportunities for those who are interested in making money long-term, having a side hustle, or even starting their own business.
In 2021, it was reported that more than a quarter of Americans earned money from side gigs, and that is only predicted to grow. The world is changing, and more people have the desire to work online, from the comfort of their own homes.
While making quick money sounds appealing to most people, taking your time to dedicate your skills and energy to the slower gigs, can have a much better payout and provide long-term opportunities.
The great thing about working online is that you can do it from anywhere in the world, and you can do it as a side hustle to supplement your income, or replace your full-time job with it. The choice is yours.
Benefits of working online
Many benefits come with working online, for example:
- Supplement your income and increase your savings, make it easier to pay bills, or use it to travel
- Learn and master a new skill that can help you in your career or other areas of your life
- Have multiple sources of income that can act as a safety net and secure your future
- Pay off debt quicker and reduce the chances of getting into more debt
- Build your wealth faster
- Reach your financial goals quicker
- Have full control over your job and have the opportunity to turn it into a role that you love
- Work your own hours
- Work from the convenience of your own home
If you are looking to make money, but you’re not sure where to start, here are some top tips and a variety of ways that you can make money online long-term.
4 ways to make money online
Playing and reviewing games
There are a range of different companies that are offering money in return for playing and reviewing games online. It has become a viable income stream over the years, as the gaming industry continues to grow to new heights. This is an excellent way to earn income on a regular basis, especially if you already enjoy playing games.
Another popular money-maker in the gaming industry is by making video game content on YouTube, becoming a video game journalist, live streaming your gameplay, or participating in live professional gaming events.
Each of these can easily be monetized, by partnering with brands, using affiliate links, and using advertisements on Twitch and Youtube. You can also make a profit by playing online casino games such as leovegas sport.
Using an existing skill that you have, or learning a new skill, is a great way to market yourself as a freelancer. The freelancing industry is booming, and there has never been more demand for work.
Working as a freelancer comes with many benefits, such as the ability to work your own hours, pick up as much or as little work as you like, and you can decide what skills you would like to sell. This means you can only do what you enjoy, and what you are good at.
You can build your own business around it and create a website, or you can simply advertise your services on websites such as Upwork and Fiverr. These websites have a variety of opportunities available from companies that are looking for skills, and they enable you to pitch for jobs.
Whether you enjoy organizing people, making spreadsheets, writing website copy, editing blogs, translating documents into a different language, editing photos in LightRoom, producing music, or writing ebooks, there is a freelance opportunity for virtually any skill.
If you don’t feel you have any, you can simply learn a new skill and build a portfolio that will help you get started.
Do you have a hobby or an interest that you are extremely passionate and knowledgable about? If so, then you could make money from it. Many people are taking their hobbies and creating content about them, in the form of a blog, TikTok videos, or YouTube content.
Some individuals share content about their unique experiences and participation in their hobbies, and gain the title of social media influencer, while others use their skills and knowledge to teach people how to get into the hobby.
This kind of content is extremely popular, and can quickly make you a lot of money, and benefit you in the long term.
There are currently 4.3 billion users worldwide that use Google, 2.6 billion users that are active on YouTube, and there are approximately 1 billion users on TikTok per month. These are significant numbers, and by creating content on these platforms, you can grow a business audience quickly, and on a long-term basis.
The content alone does not make you money, but by monetizing your content through the use of brand deals, advertising, ebooks and guides, affiliate links, and more, you can secure a great future for yourself.
Dropshipping is a model of business that enables you to source a product from a wholesaler who stores, packages, and sends products directly to consumers, and it is your job to set up a shop and sell the product.
This can all be done from your laptop, and all you need to do is build a brand and market the product, and the supplier deals with the rest.
Your main jobs will be to find and list the products, write product descriptions, manage the social media, market the products via search engine optimization and paid advertising strategies, and deal with customer queries. It is common for businesses to outsource many of these tasks when the business starts earning money.
With a laptop, internet connection, and a little determination, it is possible to make a steady income for yourself. This can then be used to supplement your income and kept as a side hustle, or you can transform it into your full-time job.
With the access and information you have available at your fingertips on the internet, the possibilities to make an income online are endless.