How to Make Extra Money Online

How to Make Extra Money Online

7 min read

Are you looking for how to make extra money online? Are you fed up with the 9-5 day job? I sure know I am, and you likely are as well. For those of you wondering how to make extra money online, the timing couldn’t be better. I must admit, I’m somewhat obsessed with making money outside of my 9-5. My ultimate goal is to live the “laptop lifestyle”; working from anywhere with an internet connection and cell receptions. As it turns out, there’s literally hundred’s of ways to make enough to replace your office job or a little extra cash on the side. Not to mention, millions are making money online every day. Here’s a few possibilities available to you. 

  1. Trading stocks
  2. Teaching a second language 
  3. OnlyFans
  4. Social media influencer 
  5. Selling stuff online
  6. Freelancer 
  7. Trade crypto’s like Doge Stock (just kidding, don’t do that!)

Trading Stocks

Ok, I had to start with this one for obvious reasons. But seriously, the world is your oyster when it comes to making money from the stock market.

And, you don’t need to be in the pits on Wall Street to do so. With the introduction of ECN’s (electronic communication networks), you can trade from the comfort of your bed. And pretty much 24/7 for those who dabble in futures. With futures contracts, six points a day is $6,000 a month. Is it hard to get six points a day? Not if you join Rose in the futures trade room. With a subscription to the room, you learn pure price action trading at a fraction of the price other rooms charge. 

Teach English

Did you know you don’t need to have a teaching degree to teach English online? I follow See Nic Wander on Instagram, and it was how I first found out about teaching English online.

She works for VIPKID, which pays a base pay rate between $7-9 per class. Since classes are 25-minutes each, you can earn the equivalent of $14-18 per hour plus incentives.

What’s neat about VIPKID is that all lesson plans and materials are provided for you. The majority of your students live in China and range in age from 4-12.

With classes only 25 minutes long, you can make your own schedule with no weekly maximum or minimums. I could see why this is appealing to many. 

Unfortunately, you need a bachelor’s degree or higher to teach for VIPKID. However, if you don’t have a degree, you still have options.

Check out this post with some popular VIPKID alternatives where you can teach English online without a degree! Your welcome. 

How to Make Extra Money Online With OnlyFans

With over 30 million users, 200,000 new users every 24 hours and 7,000 to 8,000 new creators joining every day, Only Fans is a force to be reckoned with.

According to the site itself, OnlyFans is a “subscription site that enables content creators to monetize their influence.” Since its inception in 2016, Only Fans is widely used by those in the world’s oldest profession but no longer. Only Fans is popular among Models, musicians, actors, physical fitness experts, and influencers. The average amount of money one might earn from OnlyFans is thought to be around $1499 and $7495 per month, but some people make a lot more. They can receive money directly from fans every month or tips and the pay-per-view feature. For example, Blac Chyna charges fans $50 a month to access her OnlyFans page. 

And get this, rapper Rubi Rose made $100,000 in just two days by posting photos from her Instagram. Buckle up for this one. 

Jem Wolfie, an Australian Instagram model, currently takes home the biggest paycheck from her OnlyFans account, which amounts to approximately $30,000 a day. Excuse me while I go open up an Only Fans account. 

How Can I Make an Extra $1000 a Week?

  1. Fill out online survey’s  
  2. Become a secret shopper
  3. Clean out your closet and sell online
  4. Start a blog
  5. Write a book
  6. These are just a few ideas for you to make extra money online

Become An Influencer

If you’re wondering how to make extra money online, have you considered becoming an influencer? Basically, an influencer is someone because of his or her authority, knowledge, position, or relationship with his or her audience, has the power to affect the purchasing decisions of others. It’s a common misconception that you need to be famous to be an influencer; you don’t. They can be anyone. What makes them influential is their large followings on the web and social media.

An influencer can be a famous travel photographer on Instagram, or a well-read stock market guru who tweets, or a respected financial executive on LinkedIn. 

As long as you build up a trusted following and provide quality content and material, you can become an influencer. But how do influencers make money? Influencer marketing involves a brand collaborating with an online influencer to market one of its products or services.

Top 5 Platforms to Make Money as an Influencer

  1. According to Forbes, the top 5 platforms to make money as an influencer are:
  2. YouTube
  3. Facebook
  4. Instagram
  5. Snapchat
  6. Twitter

It’s wild the grip that social media has on us. PewDiePie, the YouTube star, made $12 Million in the year 2017. Fitness influencer, Michelle Lewin, made her career by showing off her fitness routine. 

As the time of this blog post, Lewin has 13.5 million followers and makes around $33,900 per post. That’s mad money in my opinion.

Her net worth is close to $3 million thanks to her personal training and workout programs, among other business ventures. Perhaps it’s time to break out the dumbbells? 

And it keeps getting better for those Instagram influencers.

At 29 years old, Zach King makes a staggering $82,900 per Instagram post. Thanks to his Vine and YouTube videos, King became well-known and now showcases his material on Instagram.

Not only does he have 22 million followers, he and loves to create film and videos together with his family.

Freelance

Do you have a skill, talent or some other specialty people will pay money for? Do you dream of setting your own hours? As a freelancer, you have the luxury of setting your hours and your rate.

Going freelance is becoming ever more popular as the desire to pursue a healthy balance of work and life is at the forefront of our minds. Some high-value skills right now are coding, web development, social media marketing and SEO optimization.

According to CareerKama, The average web developer salary is $75,430 per year. Freelance web developers charge an average of about $60 or an hour. 

Some Other Ways to Make Extra Money Online

I could probably write 100 pages describing all the different ways how to make extra money online. But since I don’t have the time (I’m busy trying to make extra money online myself, here’s a list to explore at your leisure.

  1. Participate in market research surveys
  2. Sign up for cashback and rewards when you shop
  3. Start a blog.
  4. Online editing.
  5. Be a virtual assistant
  6. Host a digital course
  7. Private tutoring
  8. Sell on Etsy
  9. Mystery shopping
  10. Buy and sell domain names
  11. Drop shipping 
  12. Create an app
  13. Sell personal photos 
  14. Self-publish an ebook
  15. Become a voice-over artist
  16. Transcribe audio files
  17. Maybe you are Amway material?
  18. I could go on and on but I think you get my point

How to Decide What to Do

To be brutally honest, your goal should not be to pick one of these only for the money—that’s a strategy for failure. Instead, you should know what you are passionate about—then be passionate about it, and the money will follow.

I know for me, my passion is writing and trading. Both of these I am able to do with Bullish Bears. They provide me with a solid base of professionals to learn from and the forum to write. With top-notch training, what more can a girl ask for? 

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