With the new school year upon us, families are looking for ways to make extra cash and save money. One way is to take a second job or freelance work. But maybe you’re looking for a way to make a little extra cash without leaving the comfort of your home. You can certainly try making money online and there are many ways to do this. But which ones are worth your time and effort? We’ve compiled a list of the best ways to make money online with Grand Theft Auto 5 (GTA 5).
1. Create an Online Store
There are lots of online marketplaces that allow you to sell your goods, whether they are physical products or digital downloads. If you’re looking to make some quick cash, you can start an online store in no time at all. You can even use Shopify, one of the most popular e-commerce platforms, to build an online store and get it up-and-running in no time.
If you have a specific product that you can make a lot of money off of, such as an eBook, you can put together a solid business plan and make significant amounts of cash without too much effort. But if you’re looking for a more general business, such as selling your photos on Etsy or having a store where you can sell your art, pick your niche and build your audience.
2. Start An Online Newsletter
If you’ve been blogging for a while or had a popular Instagram account, you might consider using your influence to start an online newsletter. You can use your platform to spread the news about upcoming products that you’ve tested or curated. You can use a service like Mailchimp to easily create an online newsletter and start sending out newsletters to your subscribers.
Blogs and Instagram accounts that have over 100,000 followers can join the newsletter monetization program, known as the Digital Marketing Charette. This program allows you to connect your blog or Instagram account to a relevant newsletter and earn a commission from every person who subscribes to that newsletter. You’ll need to have a sales page and get traffic to this page to make sure you can make money this way. Try out the Digital Marketing Charette for yourself.
3. Start An Online Magazine
You can use your Instagram account or your blog to start an online magazine. You can interview famous people, cover trending topics, or just showcase your own photos and stories. Most magazines are printed quarterly and you can learn a lot from them. You don’t need a lot of money to start a magazine. With a few hundred dollars, you can fund your first issue. Once you have your first issue, you can use editorial calendars and social media to get more subscribers and make more money.
If you’re looking for an even more passive way of making money online, you can look into investing in a stock portfolio that generates passive income. For example, the iShares Edge Performance Fund, which trades under the symbol EFT, pays you monthly dividends that are roughly equal to your initial investment. Plus, you get the benefit of capital appreciation. In other words, the value of your investment increases due to market performance.
4. Start An Affiliate Marketing Program
This is one of the more common ways to make money online. Essentially, you’ll be gaining access to a large audience and you’ll be given an affiliate account that you can use to promote products that you’re passionate about. Some of the more popular affiliate marketing programs include Amazon Associates, Commission Junction, and eBay Partner Network.
Once you have your account set up, you’ll be given a special link that you can use to get people to click through to purchase the products you’re promoting. When someone clicks on that product, you’ll earn a small amount of money based on the sale. You can use this method to make money online without a lot of initial investment cost. Just make sure that you keep building your audience.
5. Start A YouTube Channel
If you have a video camera and a good microphone, you can make money online simply by recording yourself discussing a particular topic or passion. You can then use software like Rev. to create video tutorials on virtually any subject for money. You don’t need a lot of viewers to make a lot of money, either. Just make sure that you build a following in your niche.
6. Start A Twitter Account
If you’re active on social media, you can use your account to get paid to promote certain products or services. You’ll simply need to follow the instructions that Twitter gives you to do this. After you’ve followed these steps, you can enter the information that’s required to get started. Then you can choose either to have a free account or to pay for a premium one. Once you’ve paid for a premium account, you’ll be able to promote and get paid to promote various products and services.
7. Start A Blog
Blogs are a great way to make money online. You’ll simply need to get yourself a website and then use various plugins to make it look like a professional blog. You don’t need to have a lot of traffic to make money from a blog. Just make sure that you build a small audience and then use affiliate marketing to make money from a blog. Some of the more popular platforms to do this are WordPress and Shopify.
8. Start An Escrow Account
If you’re looking for a way to make money online without having to deal with any of the legal or regulatory issues that come with being a traditional bank, you can open up an escrow account with an online brokerage firm like Acorns. Once you’ve set up an account with them, you’ll have the ability to purchase stocks, exchange-traded funds, or short-term Treasury instruments. You can also look into getting involved in Forex, CFDs, and futures trading if you want to get more involved.
You should consider all of these options before you make your final decision. The key is finding a way to make money online that you enjoy and that will serve your needs. If you’re looking for a way to make money online that’s likely to be around for the foreseeable future, consider starting a blog. You can then use affiliate marketing to make money from your blog. Or, if you feel that you’ll be able to get more subscribers to your newsletter than you’ll be able to sell through your blog, you can consider using a service like Upwork to find freelance writing jobs.