When you’re searching for ways to make money online, you’ll notice there are a lot of options. Although there are a range of opportunities, from selling your photos to become a social media influencer, to renting out your vacation property to earn rental income, not all of these opportunities are going to generate the same amount of revenues. Which is why it’s important to understand how to make money online for free, as there are certainly ways to do this that don’t require investing large sums of capital.
1. Sign up for a gig-working platform.
The first step to making money online for free is to sign up for a gig-working platform. These platforms take the hassle out of finding freelance work by connecting you with clients who are in need of your specific skills. All you have to do is complete some small tasks for these clients and get paid for them. It’s a win-win scenario, as you’re getting paid to learn new things and contribute to the platform’s community. One of the best platforms for freelancers to find work is Amazon Mechanical Turk. Not only does it have a larger freelance community than most other platforms, but it also offers a higher pay rate. The downside is that you’ll need to have a strong internet connection and sufficient daily activity to be eligible for a payout. But if you’re looking for truly free money, this is the best option available.
2. Join a royalty-free YouTube channel.
YouTube creators can earn hundreds of thousands of dollars per day from ads placed on videos created by them. Although you won’t get rich from creating videos, you can join this community of digital nomads and make enough money to cover your monthly expenses. How? By creating videos that answer specific questions and respond to consumer queries. If you can become the go-to source for information on your niche, you’ll be able to build a community around your channel and attract potential sponsors, who might pay you to appear in their videos.
3. Start an online store.
If you’re the creative type, or simply enjoy putting your thoughts and words to use, you might want to consider starting an online store. Online stores that sell digital goods, such as clothing, bags, and accessories, have increased in popularity over the past few years and offer an easy way for consumers to purchase the items they need. You’ll be able to build your own store with the help of platforms like Shopify, which makes it easy to set up an online store in no time at all. The downside is that you’ll need to have a steady stream of customers to make any significant amount of money, as the average online store makes around $500 per month.
4. Start an online tutoring business.
If you’re an expert in a certain area, such as mathematics, science, or English, you might want to consider setting up an online tutoring business to help others improve their understanding of the subject matter. You’ll need to have a good knowledge of the subject matter to effectively teach it, so if you don’t have that particular niche skill, you might consider researching and mastering several different subjects, such as history, math, and science. Once you’re effectively knowledgeable in all three areas, you can start an online tutoring business with confidence that you’ll be able to effectively teach any topic to others.
5. Start an online survey company.
An online survey company will pay you to take surveys that usually only take a few minutes to complete. Companies like Survey Junkie and Swagbucks will pay you to take their surveys, so long as you’re qualified to do so. You’ll need to have a decent amount of disposable income to invest in these types of businesses, as you’ll need to have an initial investment of around $500 to qualify for basic surveys and a few dollars per day, up to $600 per month, to continue taking the best paying surveys available. The downsides to this are similar to those of the other freelance work-based opportunities, as you’ll need to be available to take survey jobs when they come in, and you won’t be able to predict when these jobs will come in. But the ability to make extra money online without any previous experience is what makes this work for so many people.
Keep in mind that although all of these suggestions for how to make money online for free are legitimate ways to make money online, some may require more work than others. If you want to make quick cash, you may want to consider looking into the world of affiliate marketing, as you’ll be offered commissions on products that you promote online. But if you want to create a business that you can grow and potentially put your name behind, consider looking into the other suggestions above to see which one suits you the best.