How to make money online from home
If you are here, because you want to find out how to make money online, you are in the right place. No need to pay any hideous fees of around $100 for a seminar, or course, where you won’t even know what to do afterwards. House of Banks has prepared free and detailed article just for you. We have gathered many ideas together and decided to give you 17 legit ways to make money online. All of the ways can help you build your passive income.
I would also like to help you, before you even start reading this article. The first step/advice is to think about what you like, or dislike doing, what you are good and bad at. Write it down and do some kind of brainstorming. Human brain is performing better in most cases if it sees things visually. Many of us have better visual memory, so if you see something, you are more likely to remember it, than just hearing it.
Second advice is to actually start doing it. Lots of times we get motivated and want to change whole world. After a short period of time, we lose motivation and we even forget about it. Don’t do that! If you really want to start making money online, do it now.
Okay, that’s enough of my motivational speech and let’s take a look at all the examples below. Enjoy.
As you already know, there is thousands of bloggers online and they keep coming. They are like flowers during a rainy spring. Yes, it is much harder now, than before, but if you pick a niche, something unique, you can definitely make money online. It takes some time and hard work, but if you are good at writing and you feel confident while doing it, you should definitely do it. If you are looking for a platform to create your own website, we recommend WordPress, Wix or Squarespace.
2. Write and publish
If you are good at writing, but you don’t want to create your own blog website, you can either start writing for other websites, or you can write a book, article, or statistics and publish it on Amazon Kindle store. You will earn 70% of the sale, which is considered a fair price, when you think that it’s Amazon – a website focusing on people to spend money.
3. Sell online
We all have some things we have purchased, but we have barely used it, or we didn’t use it at all. It’s not just waste of money, but it also takes a lot of space to store it.
Have a day off and try to clean your whole apartment/house. It will help you in many ways, but the main reason why we recommend this for you, is to realize what you are not using and you can sell it, to get some money. You would be surprised how much you can actually make, by selling your old things.
4. The "sales secret"
In order to sell more, attract more customers and increase sales, companies put products on sales. But we already all know that, right?
Now, imagine a scenario. There is a new product coming on a market and it’s most likely to be a higher price. After some time, the price should go down and that’s when you can buy it. If you purchase the right product at the right time, you will be able to sell it later for a much higher price. Obviously, it’s much easier in theory, but if you invest some time into it, do a research before and decide which product to buy, you can earn quite a lot!
5. Buy and sell domains
A domain name is a website address, which is shown in a tap. For instance our websites’ domain name is houseofbanks.com. The best way to buy domains is to do a research, which companies are coming to a new market, which of them could expand etc. It certainly takes some time to understand how it works, but it’s definitely not as hard as it might seem. Some of the domains cost as little as $0,99 and you can sell them later on for $1000, or even more. A small suggestion for you would be to visit these sites, GoDaddy, NameCheap and BlueHost, where you can find out more how to buy and sell domains.
6. Sell your photos online
Most people think they have to be professionals to sell photos. Not true!
You don’t need to be a professional to sell your photos. If you have an eye for taking a good pictures, they are of a good quality and they are attractive for a human eye, share them instantly.
There is several websites, where you can upload and sell your photos online.
7. Sell your songs online
If you are a singer, song writer or a producer, you can share and sell your piece of art online. Many musicians start sharing their content on Soundcloud in order to be more visible and hoping, that somebody will notice them and make them a start. You can do that too, or you can go on SoundBetter, where you can sell your services to thousands of customers a month.
8. Sell your knowledge and experience
Similar to freelancing, you can also sell your knowledge and experience online. If you specialize in a specific area, you can share your knowledge and give an advice to people, who need help with a project. You can find several platforms for that purpose, such as coach.me, savvy.is or clarity.fm. All of these platforms provide you with a network full of potential clients.
9. Sell your handmade goods and crafts
I have compared several websites, but Etsy is probably the best one on the market right now. You can easily sell your handmade goods and crafts on Etsy. The only thing needed is a bunch of good ideas, creativity and the actual transformation from idea to an actual “product”. If you are doing good on Etsy and you feel like you can earn more, go on Shopify, where you can increase your income even more.
Getting paid by completing a test review on an online website? That sounds great, doesn’t it? One of the best platforms to use is UserTesting.com. You are able to earn up to $60 per test! It’s pretty easy and you can do it easily from your comfort zone. In case you don’t like UserTesting, there is many more platforms to choose from.
11. Online surveys
Earning extra money by filling out surveys is getting more popular, especially among students. Research companies always seek for new members to answer their surveys, in order to test and get a feedback on their products. You will get paid by cash or rewards, depending on the survey criteria and for a few minutes of filling out surveys, you can get around $5. If you think this is a great way to get extra money, check out these platforms:
Probably, you have heard of freelancing, but you don’t have enough knowledge about it. Basically, you can earn money doing what you are good at and all from your home. You can create a profile, tell people what you are good at and then you can start searching for projects and people who need a help with something. After a few successful projects, your name will be known and you can start earning more and more. The most well-known platform is Freelancer.com, but we also suggest two more platforms; FlexJobs and SolidGigs. Pay more attention to freelance, however, it’s a very popular way to get extra money.
13. Start an eCommerce
If you think you are good at sales, have some knowledge and you are super passionate about it, start an eCommerce and sell products online. You can legally buy many things online from, for instance China, and sell it in USA for a much higher price. Clearly, you cannot set an extreme price for the product. The price has to be reasonable, so people will buy your products. The type of the product is totally up to you. Don’t forget to make a plan before, calculate how much would you need to “invest” and what would your return on investment be. We highly recommend platform Shopify.
14. Launch a YouTube Channel
It’s true that YouTube has been the favorite platform for sharing videos online and entertaining people. If you want to entertain, educate or just simply share something people want to see, create an account and start uploading videos. YouTube is the second largest search engine, after Google, so you can easily take advantage of it.
15. Share inspiring stories (Podcast)
The demand for Podcasts has increased rapidly lately. Many of us don’t have time to watch videos, so we prefer just to listen and learn. If you have really interesting stories regarding business, or you are good at entertaining people, start recording yourself and share it on websites, built exactly for that purpose. You can even create your own website, which is a bit more complicated, than just sharing it on specific podcast platforms. Take a look at Blue, Focusrite and Behringer, all focusing on selling studio-quality podcast set ups.
16. Become an influencer on Instagram
Instagram is still a super efficient way to share a good content for your audience. It might be a bit difficult at the beginning to reach your audience and get followers, but believe me if you post regularly, only good-quality content and you somehow attract people to visit your profile and make them stay or even share your profile, you win. Some major brands are willing to pay $500-$5000+ per post. Now, imagine sharing just a few posts per month for several brands. You can easily earn a crazy amount of money each month.
Another way to earn extra money is to translate texts and articles for companies, who need to translate something specific. I’m sure there is lots of companies around you, that need to translate something from one language to another one. If you speak different languages, you don’t have a problem to communicate and translate, you should definitely start doing it. You are usually getting paid by one word translated, which is usually low, but it will definitely add up in total.
Have you heard of affiliate marketing? If not, then get some information about it. Affiliate marketing is kind of hidden part of marketing and it’s a great way to earn money.
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