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Making money online – is it for real?

by Madhuri Boinwad
Making money online – is it for real?

With the advent of the internet, many things in our lives have been reshaped, including the way we work and earn money. Making money online for some has been a reality for more than a decade or so. 

But, with the latest events related to the health crisis and lockdowns, earning extra cash thanks to the internet became a new, preponderant reality. If you need an additional source of income and want to try alternatives, here is a mini-guide through the viable ways of improving your finances via the internet. 

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On freelancing platforms, there are opportunities for any skill set

People from almost every educational background can find opportunities in a digital world. Be it art, languages, informational technologies, finances, education, or whatever… you can find the job that fits your preexisting knowledge and skills. You may have the impression that the predominant field these days is IT, marketing, or web design. 

But we assure you that even with the specialization in civil engineering, tourism, or even medicine, you can find a freelance job with the job description that will match your needs. 

The trick is to pick up the right platform for the specific job, register, and make a profile. Some charge commissions from your earnings, some not. Anyway, you set your own rates and, in that way, become the master of your business. 

Trading online – a holy grail of making money online

For those with a financial background but also for those with any, trading online became a holy grail of making money online. And here, the trick is to find the best brokerage company since it’s the prerequisite to trading online. Make sure to check the broker review and make sure the company is reliable and regulated.

Monetize your hobbies

The saying says, turn your hobby into a job, and you won’t work one day in your lifetime. Simply said, turn your hobbies and passion into the money-making machine. It’s not a rule that you have to start from the skillset your regular nine to five job requires. 

For instance, you are great at sewing, knitting, and other kinds of handicrafts, and you like to do it in your spare time. Why not make an online shop and sell your creative items. 

Or if you like to catch the unique moments with your smartphone camera, beware that by selling the copyright of your best shots on specialized platforms such as Fotolia, you can make a couple of bucks every month or even more.

Turn your social media time into profit.

It could be particularly of interest for all of you scrolling on Instagram or TikTok. Maybe you knew, maybe not, but if you figure out the original and new concept of your social media profile, start publishing specialized content such as fashion, food, fitness, or whatever, you can earn money from sponsored posts. How does it work? Briefly, you simply create a post including a branded hashtag, you share it, and you get paid.

Everything is on you.

Earning money online means that your success depends on your self-discipline, dedication, and initial efforts put on upgrading skills, managing risks, and of course, choosing the right niche. Starting from what you already know is usually the best option.

But sometimes, leaving your comfort zone and trying your hand in a new field such as online trading, the dropshipping business could lead you to the point of leaving your regular job and start living your dreams. 

And from that, with your online money-making machine put in place, you can even think of starting a digital nomad way of life as the ultimate goal of many remotely working people these days. 

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