Places You Can Make Legit Money Online

Inflation has reached record levels across the globe and although it is not yet clear whether this is a short-term or long-term phenomenon, one thing is for certain: it is relentless! In fact, according to economists from the University of Chicago, record numbers of people are turning to alternative means of payment because…

…they fear that their traditional bank accounts are at risk of getting zero wearing interest. Fortunately, as difficult as it may be to believe, there are still places where you can make true cash money. Sometimes it just takes a little research and planning, but ultimately this is a lucrative activity.

Get A Part-Time Job

This is the most obvious place to make extra cash but it is also the most challenging. After all, who wants to work for cash when you can make much more money by investing your time in a side-hustle? Investing your time is always a viable option, but it requires a little bit of planning. For example, if you look at the American diversified corporations, you will see that over half of these companies list side-hustles or part-time employment as a source of investor interest. This certainly does not mean that you have to become an investment  banker to make money, but it simply indicates the degree to which side-hustles have become an integral part of the business landscape.

The advantage of getting a part-time job is that you can still follow your passionate side-hustles while making enough cash to support yourself. You will not only be able to pay off your student loan but you will also be able to save money for future investments. The downside is that you lose a lot of free time that you can hardly get back. If you want to make legitimate money, you will have to negotiate several part-time jobs to make the most of your available time. This may mean giving up some of your passion, but it will certainly be worth it.

Start A Blog

Blogs are an extremely accessible source of legitimate income. The key to making money from a blog is to find a niche and build your audience. Once you have gathered a decent sized audience, you can negotiate with larger platforms to get your content published. Building a following is not as easy as it seems and it takes a bit of research, plenty of passion, and a few hundred or thousand of dollars to achieve. However, the effort will be totally worth it.

It is easy to get started with a blog. All you need is a niche, some writing skills, and a computer with internet access. To find your niche, you will first need to figure out what topics your audience most wants to read about. Search for hot topics on social media and look for niches in the following:

  • Finance
  • Marketing
  • Personal Finance
  • Homeschooling
  • Travel
  • Family Life
  • Athletics
  • Cooking
  • Fashion
  • Health
  • Technology

If you can become a go-to source for information on your niche subject, you can definitely charge money for your content. Make sure to build a blog around a passion point. When people visit your blog to learn about your niche, you will be able to convert them into paying customers for your content via affiliate programs. Start a blog around a personal passion point such as cooking, finance, or health. You can use a tool such as Mr. Marketer to find your blog ideal niche.

Sign Up For An Online Brokerage Account

Signing up for an online brokerage account is another method of generating passive income. Online brokers allow you to buy and hold stocks, options, and other investment vehicles without risking large amounts of money. They are perfect for people with smaller investment portfolios or for those who want to make more consistent revenues from investing.

The downside to this option is that you need to have the time to research the stocks, options, and other investment vehicles possibilities available through your brokerage account. It is not an easy task to fully understand all the fine print associated with every contract and security that you have access to through your brokerage account. However, the effort will be totally worth it. Just remember: patience is key.

Start A Podcast

A podcast is similar to a blog in that it is an educational source of information. The difference is that a podcast is a live platform whereas a blog is entirely digital. In other words, a podcast is a serial audiobook where your audience comes together to listen to your expansive knowledge. Your podcast will be an enriching experience for your audience as you discuss advice, tips, and fundamental market information on current events, money management, and more.

The great thing about a podcast is that it is highly portable. This means that even if you are unable to publish your podcast for some reason, you can still make money from it. The reason is that all you need to launch a podcast is a mic and a computer with internet access. Even if you don’t have a podcast launching tool, like some of the other options discussed here, you can get one for free from the marketplace. Simply find a niche, figure out the information you will discuss in your podcast, and start producing content. Once you have a podcast launched, you can look for monetization opportunities such as Amazon AJUICE or iTunes Affiliate Programs to see how you can make money from a penniless podcast. Remember: content is the key to monetization on the internet.

There are many more ways to make cash money online. Some of the more traditional means of earning money include: