I’m sitting here writing this post to share with you how I have researched and came to the conclusion that there are endless ways to make money online for free even if you're a beginners.
The digitization era has made it possible to have ways users can makemoney part-time or full-time. We are living during hard times and the economy demands we have more than one income stream.
That where the internet comes in. In this post, you will learn about various ways to make money for beginners.
Here how you can make money for free even if you are a complete beginner.
#1 Download Money Making apps
Do you often shop online? If so, you can download money making apps to earn points every time you buy something from online stores.
Best apps to make money online
MyPoints is one of the best apps I know. It is possible to earn up to 40%of your purchases. Stores like Walmart, Best Buy, Amazon, and Home Depot. You can also get promo codes when buying items from these top stores.
My points are incredible as it allows you to redeem points whenever you want. The points are converted into gift cards or cash and deposited to your PayPal. It is as easy as that.
Acorns is another great app that allows you to invest with all your purchases. Whenever you buy something, the price is rounded up to the next whole number.
Every time you reach a minimum threshold of $5, it is invested back in ETFs. Is it that incredible? It is indeed convenient.
All you have to do is choose a plan to become an investor and Acron will only take a few rates as a service pay. The plan cost either $1, $2, or $3 per month. It is one of the cheapest options there is that allows the young investor to start somewhere at a young age.
We also have Swagbucks that allow you to earn cash back by earning gift cards to shop online after you watch videos, search on their search engine, or answer surveys.
#2 Open an online saving account
An online saving and checking account has a higher potential in terms of interest rates. It is much higher compared to traditional backs.
For instance, The Barclays online banking and savings account is paying 1.70% APY which compared to the national average is a good option.
It is the best option to go with since you don’t require any deposit to open an account nor do you get charged for the monthly service fee.
To receive the APY, you need to have at least $1 in your account. That is not too bad to start with.
The Discover Bank Online and Saving account is another good option to gain some money after a while. You will get 1.60%APY for the amount you deposit in the savings account.
This saving bank account doesn’t require you to have any balance in your account to keep your account open.
The more you save the more the chances to make more to your account. It is good when you are planning for things such as traveling, spending during Christmas, buying a new car, or purchasing a new house. Save with this bank and you will be happy to realize your set goals in the future.
The accumulation of the interest rate especially when you are saving a large amount of money will be of benefit for you.
Why do you need to save with Discover?
The savings account is ideal for you if you have a two-year set development. The bank allows six successful withdraw in a year.
You need money for car repairs and other unexpected expenses which may require an emergency fund. The six-time you can withdraw money from your savings account is ideal when you require an emergency fund.
However, after withdrawing, you will need to deposit some money as soon as you earn more as you will need some emergency funds at any given time. You should deposit it so that whenever you need it will be available.
Short term savings
Discover savings account is excellent whenever you have a short-term plan such as a wedding which many not exceed two years.
How to open the discover Saving account?
It is simple and direct. It takes a few minutes to open. You only need to fill in your name, address, phone number, email address, and taxpayer ID.
After a successful process, you can transfer your money from another account to this particular saving account. You will receive an email confirmation and that how easy it is to open a savings account with Discover online bank.
#4 Unsubscribe from online services that are dormant
It is easier to make money online, spend it and at times you may apply for auto service and forget about it. And to make the matter worse, you no longer use the service, this is a loss on your end.
However, there are services that screen your subscriptions and notify you to check the ones you require and cancel the ones you no longer need.
Trim is an example and it even goes the extra mile to negotiate some bills on your behalf. It’s a perfect app to make use and save some money.
#5 Start a podcast
Today podcasts and blogs are the popular ways to make passive income as a side hustle or even turn to a full-time income.
Podcasts are as useful as blogs and they have great potential to make money. All you need is to pick a niche and with time attract an audience.
Once you have gained a steady audience, you can reach out to advertisers and start advertising their products. In return, you will start making money from affiliating the products by getting commissions.
If you want to increase your earning, there are other ways to monetize your podcast. Some work well when you are starting while others are better when you are more established.
No matter the stage, you will find one that best suits you.
Apart from advertising and affiliate marketing, there is also the creation of a course. You may choose to create a course similar to what you talk about in your podcast.
A course helps your followers to learn step by step how to do a specific thing and at the end of it, they get results. It is a great way to make money with your post cast. Whether you are experienced or a beginner, you certainly can make money online.
It will help if you get an email list to notify your audience whenever you publish a new podcast or a course.
Offer services
offering services that are in line with your podcast will be an added advantage to make more money.
Show your expertise and in return, you will yield returns by building trust among your audience.
Coaching or consultancy
Coaching or consultancy is a way where you can offer guidance to your clients on a certain thing you are experienced. It may be fitness, IT, finance, or web designing.
It does not matter which industry you are on, you can offer your consultancy services to your followers.
Donations or Crowdfunding
It possible to ask for donations to support your podcast. It best suits an industry such as entrainment and it perfectly fits this type of monetization.
A better place to accept donations is via Patreon. The platform makes it easier to get donations plus additional bonuses which depends on the amount donated to your site or podcast.
Offer Premium Content
Premium content can be anything you may offer. The most common things podcasters offer include:
Ad-free RSS feed
Additional interviews
Content that is behind the scene
Q&A with a host
Or early –access RSS feed
Be creative and also enjoy while you create some useful material to your audience and in return get some money every day or every month.
#6 Sell E-books
Writing and publishing an e-book is not as complicated as we may think. There is an option where you can create a short story and publish an e-book on Amazon Kindle and make sales.
Choose the topic or hobbies you are interested in as this will make it easy to write without any difficulties.
Apart from selling e-books on Amazon Kindle, you can also set your site, promote it and sell your books. You will get more profits when selling from your site. Selling on Amazon is an advantage as it’s well known although you will share profits.
You may also sell more copies as compared to any other place.
With time you can have your site get a place on the internet and you will attract more visitors and potential clients.
Closing remarks
Making money online is becoming easier daily. Gain some little know-how on specific areas to make things easier when you decide to start the online business. You will require less time to get started in any specific area. These money making ways are just a few as the list is endless. You can find one that suits you.
Also Read: Genius Ways to Make Money the Easy Way
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