Showing posts with label making money. Show all posts
Showing posts with label making money. Show all posts

28 Aug 2022

Average Net Worth of the 1%: Here's how much the super-rich in the world are really worth!

 

Many people perceive being wealthy as having nice houses and a pleasure yacht. But the kind of money that the wealthiest 1% of the world's households has dwarfs this concept. This segment of the population large portions of major corporations, multibillion-dollar investment funds, islands in the Caribbean, and even rocket ships taking them into outer space.

The average net worth of the 1%, aka the richest 1% of the global population's households, has mushroomed over the past two decades. It now towers higher above the net worth of the average citizen than ever before. Here are some of the basic facts about how the 1% lives.

24 Aug 2022

10 Steps to Financial Security Before Age 30



Being financially secure before you reach 30 may seem out of reach for many people in their 20s, but it's possible. Working toward financial security need not be an exercise in self-deprivation, though many people assume it to be.


Attaining this goal even has some immediate benefits given that financial insecurity can be a serious source of stress.

The following are 10 steps to consider to achieve financial security before you turn 30.


KEY TAKEAWAYS

Knowing how much you spend can keep spending in check.

Live within your means, don’t use credit to fund a lifestyle, and set short-term achievable financial goals.

Become financially literate and save what you can for retirement.

Take calculated risks, such as moving to a city with more job opportunities or taking on a new job that pays less but has more upside potential.

Invest in yourself by continually upgrading your skills and knowledge.

Strike a balance—working toward financial security doesn’t mean you need to deprive yourself. 


1. Track Your Spending

Knowing how much you spend and on what keeps your spending in check. A free budgeting app like Mint can help you do this.

You might discover that ordering in food several times a week costs more than $300 a month, or recurring charges for streaming services and subscriptions you never use are a waste of your hard-earned money. If you can afford to spend hundreds a month on ordering in—great. If not, you’ve just discovered an easy way to save money in addition to canceling those streaming services you forgot you had.


2. Live Within Your Means

Keep your standard of living below what your earnings can accommodate. As you advance in your career and gain more experience, your pay should increase. But rather than using this excess income to buy new toys and live a more luxurious lifestyle, the best move is to put the money toward reducing debt or adding to savings. If the cost of your lifestyle lags behind your income growth, you will always have excess cash flow that can be put toward financial goals or an unexpected financial emergency.


3. Don't Borrow to Finance a Lifestyle

Borrowed money should be used when your gain will outrun your borrowing costs. This might mean investing in yourself—for your education, to start a business, or to buy a house. In these cases, borrowing can provide the leverage you need to reach your financial goals faster.

On the other hand, using credit for a lifestyle you can't afford is a losing proposition when it comes to building wealth. And the added interest expense of borrowing further increases the cost of the lifestyle.


4. Set Short-Term Goals

Life holds many uncertainties, such as an economic crisis or the loss of a job, and much can change between when you are in your 20s and, say, 40 years later when you may retire. As such, the prospect of planning far into the future can seem daunting.

Rather than setting long-term goals, set a series of small short-term goals that are both measurable and precise—for example, paying off credit card debt within a year or contributing to a retirement plan with a set contribution each month. If you set goals, you'll have a better chance of achieving them than you would if you merely said you wanted to pay down debt, but failed to set a timetable. Even the process of writing down some goals can help you to achieve them.

 As you achieve short-term goals, set new ones. The constant setting and achieving short-term goals will help you reach longer-term goals, such as having a solid nest egg when you retire.


5. Become Financially Literate

Making money is one thing, but saving it and making it grow is another. Financial management and investing are lifelong endeavors. Taking the time and effort to become knowledgeable in the areas of personal finance and investing will pay off throughout your life. Making sound financial and investment decisions is important for achieving your financial goals.


6. Save What You Can for Retirement

When you're in your 20s, retirement likely seems a lifetime away, and planning for it may be the last thing on your mind. If you can take a few steps now to start saving, compounding will work in your favor. Even a small amount saved early in your life can make a big difference in your future. Building a retirement nest egg becomes more difficult the longer you wait.

Try setting up automatic monthly contributions to a retirement plan, such as an employer-sponsored 401(k) if you have access to one, or an IRA if you don't. You can increase your contributions when your income rises or when you've achieved more of your short-term goals.

 If you implement the pay yourself first ideal, you won't have to worry about how much you're contributing. The most important thing is to develop the habit of saving.


7. Don't Leave Money on the Table

If you work for a company that offers a 401(k), make sure to contribute at least up to the maximum of what your employer will match, otherwise you are leaving money on the table. In addition, you can deduct your contributions in the year you make them, which lowers your taxable income for the year.

If you don't work for a company that offers a 401(k), contributing to a traditional IRA will result in tax savings too because you can also deduct contributions.


8. Take Calculated Risks

Taking calculated risks when you are young can be a prudent decision in the long run. You might make mistakes along the way, but when you are young, you have more time to recover from them.

Examples of calculated risks include:

Moving to a new city with more job opportunities

Going back to school for additional training

Taking a new job at a different company for less pay but more upside potential

Investing in high risk/high return stocks

As people get older, some may assume more responsibilities such as paying down a mortgage or saving for a child's education. It's easier to take risks when you have fewer responsibilities.


9. Invest in Yourself

Look at yourself as a financial asset. Investing in yourself will pay off in the future. Your skills, knowledge, and experience are the biggest assets you have. Increase your value by continually upgrading your skills and knowledge and by making smart career choices.

Though this investment often starts with going to college or a trade school, keeping skills up to date and learning new ones that are in high demand can help make you a more attractive and higher-paid part of the workforce. Investing in yourself should continue over the course of your lifetime.


10. Find the Right Balance

Striking a proper balance between your life today and the future is also important. Financially, we can't live as if today is our last day. We have to decide between what we spend today versus what we spend in the future. For example, set a short-term goal to save for a trip to a destination you've always wanted to see instead of using a credit card to finance it. Finding the correct balance is an important step toward achieving financial security. 


17 Aug 2022

How To Make $1,000+ Monthly: Everything You Need To Know

 

How can you earn more money?


You’d think a question this simple would have a simple answer.


Yet experts’ attempts to explain the nuances of earning — whether disguised as personal finance, business management, or the importance of education — could fill a file server.


You could read all the articles, watch all the how-to videos, listen to all the podcasts, and even attend the right business school, but still not know the best ways to make money.


Why is it all so complicated?


I have an idea: It’s because only you are qualified to answer the question of how you can make more money.


Think about it:


Just like our relationships, our time, our food preferences, and even our financial choices are personal.


What works for me may not work for you.


Likewise, I might not survive a day doing something you’d excel at.


And while education, knowledge, and experience matter a lot, they are only the ingredients.


You have to get into the kitchen to cook up your own recipe for financial success and independence:


Are you a people person? Then you should flavor your recipe with face-to-face interactions.

Are you an introvert? Maybe you need a dash of stay-at-home independence.

Are you short on time? Find a recipe with a short prep-time but an abundant yield.

Do you need a flexible schedule? Sprinkle in some freelance work — something like real estate or ad hoc computer programming, for example.

Whatever the case, your recipe must reflect the reality of your personal preferences, your daily challenges, and the way you live.


You can find ideas (and hopefully some valuable advice) in posts like the one you’re reading right now, but you’re the expert on you.


Also, take a look at the end of this article to learn more about our official guide to making money.


With that in mind, let’s get cooking (especially if you can make money doing it!).


Different Paths, But One Common Goal: Earning More Money!

As you know, finding your own path is essential, but let’s also make sure your path leads where we all want to go: a more profitable and financially secure future.


To do that, get to know more about your local economy (or the broader national or international economy) so you’ll know what skills or products are in demand right now and into the future.


In a dynamic economy like ours, any list of ways to earn money comes with an expiration date.


And, I could spend days listing all the possibilities for earning more money and still not include the one thing you’re looking for.


For those of you even vaguely familiar with stock options, you’re probably aware of how you can essentially turn a small sum of money into a sizable payoff if things go the right way for you.


As an example, if you bought out of the money call options on Apple a few years ago, the return would have been over 1000%.


What if you could apply this concept to your career and earning power?


You can!


Still, we need some kind of order for organizing possible paths to earning power.


I like the following three categories:


Entrepreneurship

Education-related

Side hustles

Let’s explore these categories as you determine where to begin or continue your journey toward making more money.


Earning Through Entrepreneurship

To earn your living by owning your own company is part of the American Dream. If watching Shark Tank doesn’t get your creative juices flowing, perhaps consider just re-assessing your skill sets and how you might build a business around it.


And we’ve all heard the legendary success stories about people such as:


Sam Walton, whose family barely survived the Great Depression. He opened his own tiny grocery store after World War II with financial help from his father-in-law. The store, of course, grew into Walmart (along with Sam’s Club and a few other variations).

Oprah Winfrey, who was raised in poverty and became one of the most successful TV stars of all time while also offering reading advice to millions.

Andrew Carnegie, who, as a child, worked as a bobbin boy in a cotton mill (before child labor laws prohibited it). He earned billions in steel and helped transform our economy for the industrial age.

Steve Jobs, a college dropout who likely invented the phone or the computer you’re holding right now.

You may be thinking: But these people are the exceptions.


Nobody ever mentions the thousands of inventors, industrialists, retailers, and entertainers who fell flat on their faces.


You’d be right, of course.


More importantly, though, I also didn’t mention the thousands of people who have enjoyed success on a more moderate scale — all the people who went from living paycheck-to-paycheck at a job they hated to supporting their families by owning a business.


This list is longer than you may think, and it’s full of people like you and me — ordinary people who had a vision for a better future and worked hard to make it happen.


I’ll spare you the motivational speech about how you can’t succeed without the possibility of failure, and about how even today’s billionaires can tell you about their ever-growing lists of failures.


Instead, let’s look at some possible paths to entrepreneurial success, all of which allow you to be your own boss and, in most cases, to make your own rules:


Franchising

Let’s say you love Five Guys Burgers & Fries, an East Coast hamburger place, but the chain doesn’t have a location near you.


As you drive along looking for someplace to eat, you may tell your significant other: “You know, somebody really ought to open a Five Guys on this side of town. They’d make a killing.”


Well, that “somebody” may be you.


You could look into franchising requirements for Five Guys (or whatever your favorite store or restaurant actually is) and open your very own location.


Most stores require some personal investment, and they may have some other requirements, too. You also wouldn’t have total freedom over every decision you make since the corporation you’re partnering with will have its own set of standards.


But, if you have a flair for business management but not necessarily a niche product that’s all your own, this could be your path.


Selling Stuff Online

If you need a lower bar for admission into entrepreneurship than opening a franchise, online sales may be your thing. It’s not all knitted scarves or unneeded football tickets these days.


People shop all the time on Craigslist, eBay, Amazon, and countless other sites for used and new products.


To succeed, you need to be an expert on a product so you can make a profit by connecting others with exactly what they’re looking for.


If you’re an expert on guitars, for example, you could spend your weekends shopping garage sales, estate sales, and auctions. You’d see a lot of junk.


But, since you know your product line, you’d also recognize the vintage Gibson J-200 someone is selling for a song, and you’ll know how easy it will be to find a premium buyer online.


Along with expertise in your product lines, you’ll need great customer service chops and some patience as you get your business rolling.


Selling Your Advice

It’s not all about tangible products.


You can also sell your expertise, whether you are an expert in business, the arts, engineering, industry, retail, etc.


Thanks to Skype, FaceTime, Google Hangouts and similar services, you can even offer advice online, whether you’re teaching painting lessons or showing someone how to integrate a drone into their wedding videography business.


Just look at YouTube.


Whether you’re fixing a washing machine or changing your spark plugs, chances are you can find a video of someone else doing the same thing.


What do you know an awful lot about?


Whatever it is, someone else may need your advice. Whether you charge for one-on-one sessions or cast a wider net with more general videos, you can turn your smarts into a source of income.  


Offering a Service

Do you cut your own grass?

Shop for your own groceries?

Pick up your own dry-cleaning?

More and more people are turning to services to do these sorts of things, which means there may be a growing market in your community for someone to perform these services.


By developing a steady clientele and setting some reasonable limits (no 2 a.m. runs to Taco Bell, perhaps?) you can have your own courier service.


Start by placing an ad in your community’s newspapers or free weeklies, and mix in some patience, some flexibility, and a pricing plan that’s fair to you and your customers.


Other Entrepreneurial Ideas

We’ve hit some high points, but this is by no means an all-inclusive list. If you have a business idea, you’ve already caught the entrepreneurial spirit.


Maybe it’s time to start looking into financing, business partners, or marketing strategies. 


If you’re in the type of role at work where you have the ability to affect change or have some latitude in your responsibilities, you could morph an idea or concept into an entirely new business unit.


Sometimes you can parlay being in the right place at the right time into a leadership role of an entire organization or act as an “agent” to fill a need and collect a premium for doing so.


Not everyone is destined for business ownership, though.


Keep reading to learn about other routes to financial success.


Using Education to Unlock Earnings

For several generations it was almost a given: A college degree would open doors for the rest of your career.


Federal labor statistics showed (and still show) higher earning power for people with a four-year degree. So college became a rite of passage across the country.


But what happens if you’re not in a position to pursue higher education?

What if you already have a family and a full-time job?

Or, what if taking a bunch of English and philosophy courses just isn’t your thing?

There’s good news for you, too.


You can still unlock higher earnings through education without going the traditional college route.


Let’s take a look at some traditional and alternative educational paths to show what I mean:


Certificate Programs

College can teach critical thinking skills, helping you succeed in a variety of professions.


However, a four-year degree may not teach specific trade skills.


In many professions, employers value specific, hands-on skills over more general thinking skills.


I think it’s best to have both, but to provide employers with skilled employees, many community and technical colleges offer certificate programs for professions such as:


Welding

Dental assistants

HVAC

Web design

Nursing assistants

Plumbing

Electrical work

Auto technicians

Information technology

Cosmetology

Manufacturing

Certificate programs usually cost a lot less than traditional college courses, and they may require less of your time.


It’s also possible the community college in your area offers night classes and other ways to accommodate classes to your work schedule.


In many professions, getting “certified” unlocks higher wages.


Traditional College Degrees

Of course, skilled trades aren’t for everybody.


Some of us need more time to figure out a suitable profession.


One of the neat things about traditional, four-year college programs is the opportunity to learn a little bit about a lot of things, which means you may come across the right fit when you least expect it.


I remember a friend who started college with no firm plans for the future. She signed up for classes, got her parking pass, and all that.


Then, on the first day of classes, she became enamored with the whole concept of chemistry. She declared chemistry her major, graduated with a degree, and started a successful (and high-paying) career as an industrial chemist.


Most of us will need more than one day of college to find our calling. For some people, it takes two years to decide on a major. Others may go all four years without finding the answer.


For those folks, graduate school for advanced degrees may be on the horizon.


Advanced Degrees

Physicians, high-level business executives, researchers, college professors, and most lawyers have one thing in common, and it’s not necessarily their tax bracket: They hold advanced degrees in their fields of study.


Advanced degrees offer a level of specialization (and earning power) beyond what a four-year diploma or a certificate can give you.


People who research the effects of school nutrition on academic performance or who diagnose medical conditions using a microscope most likely have advanced degrees.


Usually, you need a bachelor’s degree before starting on an advanced degree and expect to spend upwards of $100,000 in tuition for some advanced degrees.


It could all be worth it, financially, when you land your first degree-specific job.


Little or No Post-Secondary Education

What happens if education beyond high school just hasn’t worked out for you?


All is not lost. Recent data shows 72 percent of people with only high school degrees had jobs in 2017.


You could start your own business, as I discussed above, or you could apply for more general labor jobs which don’t necessarily require a certificate or a diploma — jobs in traditionally labor-heavy fields such as:


Restaurant work

Assisting in construction sites

General manufacturing

Custodial work

Retail sales

Expect to start out in the lowest level at a company and with a lower pay rate. With hard work and by becoming a reliable employee, you may be able to start climbing the wage ladder.


But statistics tell a discouraging tale. Recent Pew Research data says people with a college education will earn, on average, $1 million more over the course of their careers than people with only a high school education.


What’s worse is that automation in manufacturing and the transition to online retail has made competition for these kinds of jobs more fierce.


Simply put, the economy is growing less friendly toward workers with little or no training.


Side Hustling Your Way to Greater Success

Let’s say you have a job, or you own your own business, and you’re pretty happy with what you earn.


However, you just can’t seem to stay ahead of the curve financially. In August, when the kids need school supplies, your whole budget gets knocked out of whack.


And at year’s end you have to decide whether to contribute to your IRA or buy your wife a Christmas present.


Maybe it’s time for a side hustle.


One side-hustle that has proven very lucrative for many people is running Facebook Ads for local businesses.


What is a Side Hustle?

When you start marshaling your free time toward making extra money, you’re working your side hustle.


My favorite side hustle ideas make the best use of your existing habits so you don’t have to think about work all the time.


For example, let’s say you work at a bank downtown and you paint houses as a side hustle. City Hall is near your bank branch.


So on your lunch break, you stop by City Hall to see who has taken out building permits for remodeling their homes. Someone who is remodeling, you think, may need to hire a painter.


In other words, you’d be able to generate job leads for your side hustle without going out of your way or making special trips.


That level of scheduling elegance isn’t a necessity, though. It matters more to be good at the services you’re offering, whatever they may be:


Real estate

Multi-level marketing

Contracting

Consulting

Freelance writing or editing

At-home manufacturing

At-home data entry or billing

Interior decorating

Video editing

This list could go on for days, but you get the general idea: Find something you like to do and find a way to fit it into your schedule.


Here are some other tips to remember:


Create business cards, which you can do easily online. You never know when you’ll come across someone who needs (or knows someone who needs) a service you provide.

Set boundaries to preserve your work-life balance. When things get rolling, it can be hard to tell a potential client “no.” But if you say “yes” to everybody, you may find yourself working around the clock.

Be upfront with your steady gig. Make sure your full-time employer or your business partners know about your side hustle to avoid misunderstandings. Avoid treating your co-workers like a built-in customer base, and don’t use your company’s copying machines or other office equipment to support your side hustle unless you’ve made prior arrangements.

Be transparent with your side hustle customers, too. Let them know you have a full-time job and are not necessarily available 24/7.

Keep up with your expenses and your earnings via receipts, invoices, or 1099 forms so you can report your figures properly at tax time. Ask a tax professional for advice before you start spending your earnings.

I also recommend setting some earnings goals.


How much you’d like to earn should influence the kind of job and the ferocity level of your side hustling.


For example…


If You’d Like to Earn an Extra $100 a Week

You could probably earn an extra $100 a week through Multi-Level Marketing (I’m not a huge fan, but hey, maybe it’s your thing) or by selling a line of products to your friends (think candles, beauty products, or environmentally friendly weed spray).


This kind of work takes an outgoing personality. If that’s not you, keep looking.


Some sort of at-home clerical work or light home repair, maybe.


Be careful about up-front costs, though. A lot of these opportunities — especially at-home clerical work or Multi-Level Marketing — require an investment, and if things don’t go well, you won’t recoup those costs.


Before spending any of your own money, make sure you’ve talked to some other people who have given it a try. Online message boards can also give you some insight into the real cost of doing business.


Other ideas for earning about $100 a week:


Become a tutor: So you’re good at math or you’re a history buff? Put those interests to use by helping students in your neighborhood excel. Ask the staff at your local schools, put some cards out at the library, or put an ad on Craigslist or Facebook to get started.

Sell your stuff: Do you have boxes of books or DVDs you don’t really need? Find a used book store and sell your extra stuff. If you run out of stuff, go to some yard sales to get more or offer to help your neighbors go through and sell their extra stuff for a commission. You can also sell clothes, yard equipment, or children’s toys. The list goes on and on.

Clean someone’s house: Cleaning up isn’t much fun, but earning extra money is. If you can get a couple regular customers, you’ll likely earn $100 or so a week. Be sure to factor in the cost of cleaning supplies.

Become a mystery shopper: Do you have a keen sense for detail? Put it to use as a mystery shopper. Essentially, you’re sharing your experiences as a customer with retail store managers. 

If You’d Like to Earn $1,000 a Month

We’re getting more into part-time job territory here, but with side-hustling, you’re limited mainly by your time and determination.


You can take the $100-a-week ideas above and do them more aggressively — tutor more children, clean more houses, sell more stuff, etc.


Or, you could…


Start a blog about a topic you enjoy, be it cooking, yard work, interior design, reading, train travel, computer networking, music, appliance repair, electronics reviews, mountain climbing, parkour, gardening, water conservation — you get the idea! Develop an audience and monetize it. See my post about starting a blog here.

Be someone’s virtual assistant. Not all administrative support staff work on-site and take notes in-person at meetings. You can also help an executive from the comfort of your home by scheduling appointments, typing letters, ordering supplies, and preparing presentations. Zirtual may be able to connect you with someone who needs your help, though it may ask for a fee to get you started. You could also send some emails to companies near you offering your services.  

Become a substitute teacher. It’s a tough job, but if you like variety in your schedule and work locales, and you enjoy working with children and teens, check with your local school district; most districts have frequent openings. If you can find six or so hours a couple of times a week, it could be worth your time.

If You’d Like to Earn an Extra $10,000 a Month

There comes a point when a side hustle becomes your main hustle. If you’re shooting for $10,000 a month, maybe you’ve reached that point.


If you’re serious about it, though, here’s something to keep in mind: To earn this kind of money on the side, you may need more inspiration than perspiration.


Can you think of a new way to do something which will make an existing process more efficient?

If so, your new knowledge will be worthwhile to others:


Can you develop an app to make car shopping more seamless?

Can you find a chemical process to make composting easier and more efficient?

Can you add a new layer of automation to an existing manufacturing process?

Innovations like these — combined with good business sense and the right kind of marketing — can put you on the map as an earner/entrepreneur.


Sometimes, You Just Need More Money

For most of us, more money equals more freedom.


Some people can cut costs to come up with more flexibility in their monthly budgets. You can do things like:


Getting a basic phone to avoid cellular data charges.

Cutting the cable TV bill and getting a cheaper streaming service.

Putting off that new car to avoid a regular payment and higher auto insurance.

Keeping the AC set to 75 degrees to reduce energy bills.


Sometimes, though, you just need more money, plain and simple.

If your need is immediate, a side hustle may be the way to go.

Who knows? Your side hustle may turn into your full-time business.



If you’re planning the next 10 years and have some career goals, consider mixing in some education. Getting the right certification, diploma, or advanced degree should open some doors.

And, of course, if you’ve caught that entrepreneurial spirit, you may already have the skills you need.

Maybe it’s just a matter of getting the right financing to start your business growing.

Whatever your case, make sure you’re making a plan to meet your specific needs — financially, personally, and professionally.

I’ve heard it said, and I’ve found it to be true: Once you find your true calling, you no longer feel like you’re working.

Instead, you’re just turning what you enjoy doing into a steady flow of earned income.


27 Jul 2022

5 Easy Ways to Make $2,000 Every Month from Twitter

 


Twitter is a key part of any social media marketing campaign.


However, you don’t have to have a blog in order to make money through Twitter.


There are several ways that you can make money through the social network without trying to sell your own products or services.


Twitter is a powerful platform unto itself, not just a conduit for marketing another site. You can create a Twitter account around a profitable niche — making money online, online education, or motherhood, for example — and amass a large number of followers interested in that niche. Then you can tweet links to interesting content from around the web, offering your followers something of value without ever having to create content yourself.


So how do you make money? The same way you do on a blog: Selling advertising, sponsored links, and affiliate marketing. Here are a few programs that can help you make money on Twitter:


Tip: To make money on Twitter, you would also need an efficient way to publish, schedule, monitor, listen, comment, and so on. Jeff uses Agorapulse to maximize all these in less time.


#1. Sponsored Tweets

Sponsored Tweets is a well-known ad service for Twitter allows you to set your own price-per-click for ads that you tweet. You can choose the ads you tweet from a list of available ads that are updated regularly. You must have at least 50 followers, 100 tweets, and an account that is at least 60 days old to sign up for this service.


#2. MyLikes

MyLkes is an extensive ad platform can be used on Twitter, Tumblr, YouTube, and your blog. You get to choose ads from thousands of advertisers, and you get to schedule the time the advertisement will be tweeted from your account. You can earn as much as $0.42 per click, and you can get a payout weekly.


#3.  Ad.ly

Ad.ly is another ad service that lets you send out advertisements in your tweets. However, you don’t get paid-per-click. Instead, you create a profile of your interests, then advertisers can choose your account to publicize a campaign. You agree to send out a specific number of tweets on a specific schedule, and you get paid a lump sum.


#4. Rev Twt

Rev Twt is a  Twitter-based advertising service and is a pay-per-click platform. The more followers you have and the higher reputation you have, the greater access you will have to higher-paying campaigns. Payout is made via Paypal when you have reached $20 in earnings.


#5. Twittad

The Twittad  platform claims to be one of the first sponsored-tweet networks. You are able to set your own cost-per-click, but you have to wait for advertisers to accept your bid. You will also have to identify your niche so that advertisers can match their products with you appropriately. Payment is made via Paypal when you have reached $30 in earnings.


There are many other ways you can make money with your Twitter account, including selling banner ads on your profile page, setting your own rates and selling direct sponsored tweets, charging to send a personal message to your followers, or charging for access to your private list of followers. These advertising services can also help you make money through pay-per-click advertising, which can be especially lucrative if you have a large following.


What About You?

Do you have any experience with any of these ad platforms? Were you successful with any of them?


Tell us about your experiences in the comments! Look forward to hearing your stories


TIP: If you are too busy, you can always hire a Twitter expert or a freelancer on Fiverr.


Author: Carlina Yepinski is the primary researcher and writer for networkmonitoring.org. Her most recent accomplishments includes graduating from Kentucky State with a degree in communications and computer science. Her current focus for the site involves server monitoring and it monitoring software.


24 Jul 2022

Simple Ways to Make $5k Every Month on Amazon


If you’re worried that you’ve missed the e-commerce boat, don’t worry. It’s just getting moving.


While several ecommerce companies like Ebay, Shopify, Walmart, and Etsy can make selling products online easy, in my experience, the best way to make money online is with Amazon.


Amazon is a huge opportunity for those who want to join the world of e-commerce. In 2020, Amazon raked in $386 billion in revenue — over half of which was fueled by third-party sales. 


But what can you do to get a piece of the Amazon pie?


There are tons of great ways to earn cash on Amazon, so to help you find what method might work best for you, this article dives into the top ways to make money on Amazon in 2022.


Let’s get to it!


 


1. Sell your own private label products on Amazon

The best way to make money on Amazon in 2022 is still through private label sales using Amazon’s Fulfillment by Amazon (FBA) network. Around 67% of all Amazon sellers run their business using the private label method. 


Private label is a process of manufacturing a pre-existing item (preferably, with product improvements), putting your branding and logos on it, and selling it to consumers. Sometimes it is referred to as white labeling or brand creation. (The process has been around for years and is common in countless retail stores; Target’s Mainstays brand and Walmart’s Great Value are two examples of private label brands.)


Thanks to FBA, Amazon is able to deliver your products (typically in two days or fewer — what you likely know as Amazon Prime). This is how e-commerce business owners —l ike you and me — can list goods on Amazon and make money from the sales.


How much money can I make selling private label products on Amazon?

Approximately $625 to $1,875 per month per product.

Over half (56%) of private-label sellers earn $5,000 or more in monthly sales, and nearly two-thirds (59%) have profit margins over 16%. Among private-label sellers who have more than a year of selling experience, 20% have earned over $10,000 in lifetime profits.


Note: To learn more about how much Amazon private label sellers spent to get up and running, how long it took them to become profitable, and what categories they’re selling in, check out Jungle Scout’s The State of the Amazon Seller Report.


 


2. Publish your own books on Kindle Direct Publishing

Amazon Kindle Direct Publishing (KDP) allows you to publish your own books on Amazon.


In addition to digital format, you can print actual copies of your book too. 


The only catch with this option is that you usually need to write somewhat prolifically in order to find success. Though it is possible to publish one or two wildly popular books, volume is the true name of the publishing game.


The more you write, the more you make.


How much money can I make writing for KDP?

Up to $40,000 per month.

I’ve heard that some authors make as much as $40,000 per month. These writers, however, tend to be prolific and write topically to gain notice.


Once you write the material, you don’t have to write it again! Nor do you have to worry about inventory.


How can I learn how to make money on Amazon with KDP?

While I don’t know of any specific course I trust for teaching this particular method, I do trust Tim Ferriss.


And, coincidentally, the serial entrepreneur wrote an interesting article on how to become a Kindle millionaire.


It’s definitely worth a read if you want to make money on Amazon with KDP: How to make $1,000,000 selling e-books tactics and case studies.


 


3. Sell wholesale goods on Amazon


Similar to Private Label, selling wholesale involves purchasing bulk quantities of product to sell using Amazon’s FBA network.


The primary difference, however, is that you are selling other companies’ products. Therefore, you don’t have to worry about manufacturing and branding the products.


For a lot of sellers, it’s one of the most popular ways to make money on Amazon.


How much money can I make selling wholesale goods on Amazon?

Up to $3,000 – $4,000 per month.

While wholesaling on Amazon has become notoriously more difficult in the last few years, it’s still a great way to earn money.


Note that it is a lot more competitive than the private-label market — since you’ll likely be sharing the Buy Box with other resellers. So it can sometimes be a “race to the bottom” on prices where the only “lever” sellers have to compete with each other is through lowering their price relative to their competitors.


Plus, the profit is all in the buy. If you can’t buy your goods for a low enough price, you won’t make money.


Still, 61% of wholesale sellers on Amazon make $5,000 or more in monthly sales — which is nothing to sniff at.


How can I learn to make money on Amazon selling wholesale goods?

Check out our guide to selling wholesale on Amazon. Once you’ve learned the basics, you can use Jungle Scout’s Product Database to sort and find worthwhile products to sell.


 


4. Deliver goods for Amazon

By now, you probably know that Amazon has its own delivery service. But did you know that you can join Amazon’s delivery fleet as a driver?


Amazon’s Flex program allows you to do just that. All you have to do is answer a quick questionnaire, download their app, and if you’re accepted, you start making money.


Think of it as Uber, but for Amazon deliveries.


How much money can I make on Amazon working as a Flex driver?

Approximately $100+ per day.

According to Flex’s homepage, Amazon pays drivers between $18 – $25 per hour, and the shifts are typically five hours long.


I’ve also read stories that even if drivers finish their shifts early, they still get compensated for the entire five hours.


Not a bad deal for $100+ per day.


How can I learn to make money on Amazon as a Flex driver?

Naturally, the best way to learn how to succeed with Flex is through their site: Amazon Flex.


 


5. Become a blogger

Ever wanted to start a lifestyle blog, publish how-to videos or recipes, or otherwise get your thoughts and ideas published? You can make money from Amazon while doing that! 


Picture this. You find a cool product on Amazon, send your friends the link, and – if they buy it – you get paid a commission. On your blog (or social media page or even in email), that link goes out to quite a few more folks, so you can make quite a bit more money in commissions. 


That’s how Amazon’s Associates program works.


Amazon Associates is an affiliate program where you sign up to get special links that only you can share.


Once you share the link and a purchase is made, you earn a percentage of the sale.


How much money can I make as an Amazon affiliate?

This money-making method varies greatly in its returns.

The Amazon Associates program is probably the most popular affiliate program on the internet.


While the commission percentages aren’t particularly high – usually only 3-5% – the conversion rates and volume you receive from sharing those links make up for it.


The downside is that you need to be an internet influencer. If you don’t have a decent social media following (or blog), making a lot in sales commissions will be difficult.


How can I learn to make money on Amazon as an Amazon affiliate?

Check out our comprehensive guide on How to Make Money as an Amazon Affiliate.


This guide will teach you everything you need to know about the Amazon Associates program and how you can get started making money promoting Amazon products.


  


6. Flip store-bought products with retail arbitrage

If you used to watch the U.S. version of “The Office,” you might remember the episode where Dwight bought up all the Princess Unicorn dolls around Christmas time. His plan was to sell them for $200 (or more) to last-minute shoppers.


And that, in a nutshell, is how retail arbitrage works.


For arbitrage, you go to a retail store like Walmart, Target, Barnes & Noble, etc. to find and buy discounted products. Then, you resell those items on Amazon at a mark-up.


How much money can I make doing retail arbitrage on Amazon?

The earning potential for this method varies.

Retail arbitrage can be competitive and difficult to scale but is still a fast and low-cost way to start making money on Amazon  You can make as much or as little as you want with retail arbitrage. 


Though to be an arbitrage seller, you need to have patience. Many times, sellers can spend the better part of a day or weekend searching retail stores for products only to come up empty-handed.


But don’t let that deter you—A lot of people start their Amazon selling journey using this method.


How can I learn how to make money on Amazon with retail arbitrage?

Frank Wealth has a great guide on selling retail arbitrage that goes over how to get started finding great products to flip on Amazon.


 


7. Flip online retail store products using online arbitrage

With online arbitrage, you’re buying products to flip on Amazon from other e-commerce stores, versus buying products in-store as you would with retail arbitrage. 


With retail arbitrage, you’re limited to physical stores in your area but with online arbitrage, the possibilities for purchasing inventory are nearly endless. There are opportunities to flip products from many online retailers such as eBay, Walmart, Target, CVS, Home Depot, and so on.  


How much money can I make on Amazon with online arbitrage?

The earning potential for this method varies.

The amount you can make with online arbitrage really depends on how much effort you put into the business. If you have trouble finding products online that will return a profit, you obviously won’t make any money. 


There are profitable deals out there, you just have to go find them!


 


8. Work from home as an Amazon rep

Make money on Amazon while working from home.

Amazon is quickly becoming one of the largest employers in the world. Following their purchase of Whole Foods in 2017, Amazon now has approximately 650,000 employees.


Naturally, not all of those employees work at Amazon’s headquarters in Seattle, Washington.


In fact, many of Amazon’s employees are remote employees who work from the comfort of their own home.


How much money can I make on Amazon as a work-from-home employee?

Around $30,000 per year, as a full-time rep.

The income you make as a work-from-home employee with Amazon depends on the position.


Doing a quick look on Google, it looks like most of the jobs offered are in data entry and customer service. 


Furthermore, Amazon established a $15 minimum wage in 2018. So, at the very least, you could make $30,000 per year as a full-time, work-from-home Amazon rep.


How can I learn how to make money on Amazon as a work-from-home employee?

A Google search will help you find Amazon jobs. But, if you prefer, you can also go straight to the source: Amazon jobs


 


9. Join the Mechanical Turk program

Amazon Mechanical Turk (MTurk) is a crowdsourcing marketplace.


Amazon has a little program with a funny name called Mechanical Turk (MTurk). Whether it’s data validation, research, or participating in surveys, Mechanical Turk works as a hub for outsourced tasks.


While the name might imply artificial intelligence, Mechanical Turk is actually the combined efforts of hundreds (and thousands) of remote workers like you.


How much money can I make on Amazon with the Mechanical Turk program?

Approximately $120 – $200 for a 20 hour workweek.

Mechanical Turk is a little more low-maintenance than some of Amazon’s work programs, so it pays a little less.


Nonetheless, online reports say that Mechanical Turk workers can still expect to make between $6 to $10 per hour.


How can I learn to make money on Amazon with the Mechanical Turk program?

Just like their jobs and Flex program, the best place to learn more about Amazon’s Mechanical Turk program is through Amazon itself: Amazon Mechanical Turk.


 


10. Handcraft your own items to sell on Amazon through Amazon Handmade


If you’re creative, Amazon Handmade may be the spot for you!


By invitation only, Amazon Handmade allows artisans to craft and sell their own goods using Amazon’s platform.


Obviously, this method takes a bit more work to stay on top of your orders, since you would be producing them yourself. But, the exposure Amazon offers your brand is massive.


Amazon Handmade can really help a large audience discover your unique products.


How much money can I make selling handmade products on Amazon?

Upwards of $30 per day.

63% of Handmade artisans earn over $1,000 per month in sales, though with Amazon’s massive audience to market to, your earning potential with Amazon Handmade is limitless.


Even with Amazon’s fees, Handmade sellers are profitable. 33% of Handmade sellers have seen profit margins above 20%.


How can I learn how to make money on Amazon with Amazon Handmade?

Jungle Scout has a great article on this topic. We go over in-depth on how to get started selling on Amazon Handmade, along with the best categories to sell in.


 


11. Sell your own shirts, hats, coffee mugs, and more through Merch by Amazon


Have a clever idea for a shirt or coffee mug, but don’t want to spend the money to create hundreds of them?


Then Merch by Amazon is for you.


Merch is a print-on-demand service that allows you to upload designs into Amazon’s database. Then, those designs can appear on shirts, tote bags, coffee mugs, hats–whatever you want!


When a sale is made, Amazon creates the item for you, ships it, and you make money.


How much money can I make on Amazon through Merch by Amazon?

This money-making method varies greatly in its returns.

When you sell an item with Merch by Amazon, Amazon will pay you a royalty fee on that sale. The royalty you earn will be anywhere from 13% to 37%—depending on the product’s price. Basically, the higher the sold price, the higher the royalty you earn. 


You can see Amazon’s full schedule of Merch royalties by viewing the Royalties resource page. 


How can I learn how to make money on Amazon through Amazon Merch?

To learn more about how you can get started selling Merch on Amazon, check out our in-depth guide: What is Merch by Amazon? A Step-by-Step Guide.


 


12. Sell items without owning any inventory by dropshipping 

If you don’t have much money to start with but want a way to earn money with Amazon, dropshipping may be that way! 


Dropshipping allows you to list products for sale without ever taking ownership of the inventory. Meaning, you simply list products for sale and once a customer places an order, you buy the product from your supplier at a lower price and have them ship the order to your customer. 


You as the seller earn money without ever touching or seeing the product! Your supplier will handle all of the logistics for you. 


How much money can I make on Amazon through dropshipping?

This money-making method varies greatly in its returns.

The trick with dropshipping is finding a reliable supplier. Without one, it will be difficult to consistently make money with dropshipping though it is possible.


How can I learn how to make money on Amazon through dropshipping?


To learn more about dropshipping and how you can get started, check out our Dropshipping on Amazon in 2022 guide. 


 


13. Offer your services through Amazon Services


Amazon isn’t just a platform for e-commerce. They’re jumping on board the gig economy, too.


Essentially, Amazon Services allows entrepreneurs to sell their services online.


So, if you’re a plumber, a lawn care specialist, a dog walker, or a piano teacher, Amazon Services can help connect you to people who want your help.


How much can I make through Amazon Services?

This money-making method varies greatly in its returns.

The sky is the limit! What you make is what you ask for, if the market is willing to pay it.


Yes, it is competitive. But with the right attitude and determination, you can scale your service-based business quickly using the Amazon services platform.


To learn how to make money with Amazon Services, check out their homepage.


It gives you the information you need to get started, as well as all the requisite application forms: Selling your professional services on Amazon.


 


14. Do seasonal work for Amazon with CamperForce

Did you know that Amazon has a force of full-time RVers who help with seasonal rushes?


It’s called CamperForce, and it brings together a community of enthusiastic RV-ers. Long story short, you can drive around the country, work a quick job in an Amazon warehouse, get paid, and then head to your next RV vacation destination.


As a CamperForce associate, you’ll be able to choose your assignments based on your availability, and from a variety of locations. As for responsibilities, they fall into the categories of picking, packing, stowing, and receiving.


How much money can I make as an Amazon CamperForce associate?

Around $600 per week, as a full-time seasonal associate.

All of Amazon’s warehouse associates earn a minimum of $15 per hour. But for CamperForce workers, Amazon also pays for RV campsites.


And because they are Amazon employees, CamperForce associates benefit from Amazon’s 401k, health insurance, and other bonuses, too.


How can I learn to make money on Amazon as a CamperForce associate?

Amazon’s CamperForce homepage tells you everything you need to know about the program: Amazon CamperForce.


 


15. Work in one of Amazon’s fulfillment/distribution centers

Finally, this is one that’s been in the news a lot lately: working in one of Amazon’s massive fulfillment centers.


Amazon associates pick, pack, store, and ship products for Amazon and its first- and third-party sellers.


How much money can I make working in an Amazon fulfillment center?

Around $30,000 per year, as a full-time associate.

Amazon’s warehouse associates earn a minimum of $15 per hour. They also receive benefits from the company.


How can I get a job as an Amazon warehouse associate?

You can learn more about becoming an Amazon warehouse associate and apply on their jobs page: Amazon jobs


 


Make that money this year!

So there you have it. Fifteen fantastic ways to make money on Amazon.


I’d go as far to say that there are probably even more ways than the 15 I have listed (for example, dropshipping might be more your style), but for now, this list should get you started on the right path.


If you know of additional ways to make money on Amazon, be sure to let us know in the comments below. Good luck!


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16 Jul 2022

25 Easy Ways to Make Over $2,000 US Dollars Monthly with your Smartphone

 


Do you want to learn how to make money using your phone? Today I’m sharing 25 easy ways to make money from your smartphone. The best part is, many of these mobile apps are free to use. This can be a great way for teenagers and students to earn extra money.

How much time do you spend each day on your phone? A recent survey says that we spend an average of 3 hours and 15 minutes per day on our phones.

We’re spending more time online because many of our pastimes, such as socializing is shifting from offline to online.

Since we’re spending so much time on our smartphones anyway, why not use this as an opportunity to make extra money through your mobile phone?

If you’re been thinking about how to boost your income, this list of money-making ideas is a great place to start.

Whether you’re a teenager, a stay-at-home parent, or you just want to make money fast — many people are looking for ways to make money from home. Today I’m going to show you how it’s possible to make money from your phone.

Whether you have an Android or iPhone, there are many ways to make extra money on the side simply by using your cell phone. Use this list of mobile apps and side hustles to get you inspired!
1. Swagbucks
✓ Get a $5 welcome bonus
✓ Earn cash back at over 1,500 stores online
✓ Earn free gift cards for shopping, taking surveys, playing games, and more!

If you enjoy playing games or watching funny videos on your phone, why not get paid for it? Companies like Swagbucks, are willing to pay you with free gift cards for things you already do online.

This includes watching videos, surfing the internet, playing games, and shopping online. Swagbucks is one of the best apps to make money doing tasks. This is a great way to get paid daily through your cell phone.

This can be a great way to earn FREE gift cards to your favorite retailers like Amazon, Starbucks or Walmart without too much effort. Check out how I use Swagbucks to get free Starbucks drinks.

Prefer to get paid in cash?
Simply redeem your virtual points to get cash back from PayPal. This is one of the easiest ways to make money from your phone. If you’re not already a member, you can join Swagbucks for free and receive a $5 Welcome Bonus!

Don’t forget to confirm your email address after signing up so you can start making money right away.

2. Flip stuff for profit
✓ You need to make quick money
✓ You love finding a good deal
✓ You need something that’s recession proof

Do you enjoy finding deals and hidden treasures at thrift stores or garage sales? You could buy these items and resell them for cash!

Flipping means finding things for free (or at a discount) and selling them for a profit. There has never been an easier time to resell and flip items to make money from your phone.

Selling stuff online can be a great way to make money fast. That’s exactly what Rob and Melissa do. They make over $100,000 a year by flipping items for profit. Here’s a crib that Rob and Melissa found at a thrift store for $40. They sold it on eBay for $400!

FREE Workshop for beginners:
If you’re interested in learning more, Rob has put together this free workshop to help you learn how to find hidden treasures at thrift stores and turn them into maximum profit online.

He also offers a comprehensive course that will teach you everything you need to know about buying and reselling items on eBay, Facebook Marketplace and other online platforms. This can be worth taking if you want to fast-track your success and learn from an expert in the business of flipping.

The 18 best items to flip for profit
How to make a full-time income flipping furniture for profit
Flea Market Flipping – How to resell things for profit
3. Branded Surveys
✓ Over 2 million happy memebers
✓ Get paid in cash and free gift cards
✓ 100 points sign-up bonus!

If you like sharing your opinion on new products, Brand Surveys is willing to pay you cash. When companies want to collect market research, they turn to Branded Survey’s Community for feedback. It’s free to join and can be an easy way to make money in your spare time.

How to make money with Branded Surveys:
Sign up: You can sign up here to create your free account. The more details you provide, the more surveys they’ll provide.
Verify: Verification of your account and honest answers are key to providing market research on behalf of Fortune 500 companies. This will help you unlock more survey opportunities which means more ways to earn extra money.
Participate: Collect points for every survey you complete. Points are redeemed for gift cards, cash, or Branded Pay™ (for US panelists only). This is an easy way to make money from your phone.

PRO TIP:
The key to making the most money with surveys is to sign up for several top-rated survey sites. Then you’ll get to choose the highest-paying surveys to save time and earn more cash!

Some of the rewards you can earn from Branded Surveys include e-gift cards to popular retailers such as DoorDash, Uber, Old Navy, Starbucks, Amazon, Wayfair, and more!

4. Survey Junkie
✓ Over 10 million members
✓ Get paid to share your opinion
✓ Redeem virtual points for PayPal or gift cards!

How to make money from your phone
If you enjoy giving your opinion, companies like Survey Junkie are willing you to pay you cash. Survey Junkie is one of the best paid survey sites, with over 10 million members.

It’s free to join and only takes around 5-15 minutes to fill out each survey. Then you’ll get paid via PayPal cash payments or e-gift cards. This can be a great way to make money from your phone for FREE!

How to make money with Survey Junkie:
Take Surveys: Sign up here to create your free account. This process takes only a few minutes to complete. Then you’ll be matched with surveys.
Earn Rewards: Complete surveys and you’ll earn virtual points.
Get Paid: You can redeem virtual points for PayPal cash payments or e-gift cards.

5. Toluna Influencers
✓ Free to join
✓ Get paid in cash and free gift cards
✓ Each survey takes around 15 minutes to complete

how to make money online with toluna influencers
If you have 15 minutes to spare, you could get paid to share your opinion. As an online Toluna Influencer, you’ll get rewarded for each survey you complete. This is a great way to make money from your phone.

Their online community shares their opinion by answering surveys, which has a direct impact on companies and how they market, distribute or advertise new products and services to consumers like you. It’s free to join so you’ve got nothing to lose!

How to make money online with Toluna Influencers:
Inspire: You can click here to join Toluna for free. You’ll be asked to provide some basic information when creating your account. Then you can start participating in surveys, content and games to get rewarded.
Share: You’ll receive invitations to fill out surveys by email. For each survey you complete, you’ll earn between 15 and 50,000 points, depending on its length.
Gain: Redeem your points for your choice of PayPal payments, Amazon gift cards, and more.
Sign up for Toluna Influencers here to start making money!

Click here to subscribe
6. ySense
✓ Earn cash for taking free paid surveys
✓ Get paid for trying new products & services
✓ All funds are in US Dollars

ySense is a popular online community that can help you make money in your spare time. This means you can make money from your phone while watching Netflix. There are multiple earning options with ySense, such as:

Paid Survey – You can earn cash while taking free paid surveys. Get rewarded while influencing the next generation of products and services. It just takes a few minutes of your time to create a free ySense account.
Cash Offers – You can get paid for trying new products and services, watching videos, downloading apps, signing up for websites, and more.
Referrals – You boost your earnings by sharing ySense with your friends. This is one of the best platforms to earn money oneline from your phone.
7. Opinion Outpost
✓ Free to join
✓ Earn rewards every time you take part
✓ Currently for United States of America residents only

Opinion Outpost helps big brands collect your opinions about products. Sharing your opinion through their surveys can influence the way something is made, how much it costs, or a way a company is going to do something.

Opinion Outpost currently has a TrustScore rating of 4/5 on Trust Pilot, which makes them one of the highest rated survey sites.

How to get started with Opinion Outpost:
Register for free: You can click here to create your free account. You only need to provide basic information like your name, email address, and gender.
Participate in surveys: You’ll receive invitations to complete surveys.
Earn cash and rewards: Each time you complete a survey, you’ll earn points you can redeem for rewards and free gift cards. The more surveys you complete, the more rewards you’ll earn!

8. Earn cash back with Rakuten
✓ Get a $10 welcome bonus
✓ Earn up to 20% cash back
✓ Earn cash back at over 2,500 stores online

If you enjoy shopping online, you could be earning up to 20% cash back on your purchases. Websites like Rakuten offer a one-stop shop to earn cash back at 2,500+ stores and find thousands of coupons, promo codes and discounts online. This is my favorite app that makes you real money.

Is Rakuten a scam? No, this cash back website is legit! Below are some real purchases I made through Rakuten to earn cash back. While each amount may seem small, it can quickly add up!! As you can see this can be an easy way to make money from your phone.

Is Rakuten legit?

Yes, it’s a one of the best legit money making apps to earn cash back.

Rakuten currently has a TrustScore rating of 4.5/5 on Trust Pilot, which makes them one of the highest-rated cash back websites.

I personally use Rakuten whenever I shop online. It’s free to join and for a limited time, you’ll receive a FREE welcome bonus for new members.

How to claim your free welcome bonus:
Step 1: Start here to sign up for Rakuten. (It’s free to join)
Step 2: Find your store on Rakuten next time you need to buy something. It’s connected to over 2,000 stores, including Amazon, Target, and Walmart. You’ll need to spend at least $25 on your first purchase within 90 days.
Step 3: Your Rakuten account will be credited with reward points. Get this cash sent to a PayPal account or choose to receive a Big Fat Check from Rakten. It’s up to you!
For Canadian shoppers, you can click here to sign up for Rakuten (free $5 welcome bonus).

9. Doordash
✓ Get paid to delivery food to customers
✓ Available in over 4,000 cities in the US, Canada and Australia
✓ Be your own boss, set your own hours

If you have a smartphone and you’re at least 18 years old, then you can make extra money delivering meals with Doordash. This is a great way to make money from your phone.

Doordash is an app that offers delivery service from the best local restaurants to customers. As a Dasher, you can be you own boss, set your own hours and choose how much you earn. Simply use a car, scooter, or bicycle to deliver take-out meals to start making money.

Get paid $23 per hour while on a delivery and have the potential to make more money during special DoorDash promotions.

This includes making deliveries during peak hours, doing challenges and driving. You also get to keep 100% of your tips, which can boost your income even more.

If you’re interested in learning more, you can sign up for free here.

10. Investing made easy with Acorns
✓ Get a $5 welcome bonus
✓ Over 4,000,000 members
✓ Simple and straightforward platform

If you’re interested in making money with investing, but are unsure how to get started, Acorns can be a great option for beginners.

How to make money with Acorns: Every time you make a purchase, Acorns will automatically round it up to the nearest dollar and invest that change towards your future. Your spare change can quickly add up and every nickle and dime counts.

With Acorns, you can also earn cash back on your everyday shopping or set up recurring investments. You’ll even get a $5 welcome bonus just for signing up. You just need your phone to get started.

11. Drop
✓ Get rewarded by shopping at the brands you love
✓ Earn points for every purchase you make
✓ Redeem points at places like Amazon, Starbucks and Netflix

Drop is a free app that makes it easy to turn your everyday purchases into cash rewards. Each time you make a purchase at one of your favorite retailers, you’ll earn points.

This means you can get rewards on your everyday purchases such as grocery shopping, taking an Uber, grabbing a snack, and more.

Every 1,000 points is worth $1. You can redeem your points for gift cards to your favorite retailers, such as Amazon, Starbucks, Walmart, and more. This is an easy way to make money with your smartphone.

How to get started with Drop:
Download the App: After you download the app, link your debit and credit cards. You’ll automatically earn points whenever you spend with any of your linked cards.
Shop at Your Favorite Places: Whether it’s grocery shopping or taking an Uber, you’ll easily earn points.
Get Cash Rewards: Redeem your Drop points for gift cards to where ever you want. It’s that easy!

12. Ibotta
✓ Get up to a $20 welcome bonus
✓ Earn cash back at over 280 retailers
✓ Open to residents of the US only

Ibotta is a free mobile app that lets you earn cash back on your everyday purchases. In a nutshell, it’s a rewards app that pays you to shop. Ibotta can be a great option if you’re the grocery shopper for your household or you enjoy shopping in general.

How to get started with Ibotta:
Join for Free: Simply download the Ibotta app.
Browse Offers: Before you go shopping, add offers that you’re interested in buying. These offers will qualify for cash back. The more offers you add, the more cash you can get back!
Go Shopping: Buy these featured products at your favorite store.
Redeem and Get Paid: To redeem your offers, take a photo of your receipt. Your cash back will be deposited in your Ibotta account within 48 hours. Once your account has $20 or more, you can get paid via PayPal, a linked Venmo account, or by purchasing a gift card through the app.

13. Rent out your space on Airbnb
✓ Get paid to rent out your space
✓ Set your availability, prices and house rules
✓ Airbnb covers every booking with $1M in property damage protection

Do you have a spare room in your home? Or a cottage that you’re not regularly using? Turn that extra space into cash by listing it on Airbnb.

Airbnb is a global travel community, available in over 190 countries. Millions of hosts choose to create a free Airbnb account so they can rent out their extra space for cash. No matter what kind of home or room you have to share, Airbnb makes it easy and secure to host travelers.

If you’re curious, head to Airbnb’s calculator to see how much money you could be making as an Airbnb host.

14. Sell books online
✓ Sell textbooks and used books for the most money
✓ Compares offers from over 30 buyback sites
✓ Ship for free and get paid

Do you have textbooks or used books that you no longer need?

Consider selling your old books on Bookscouter to make extra cash. Bookscouter is a legit company that will help you sell your textbooks and used books for the most money. They compare over 30 buyback vendors with a single search.

Simply download their free app, search for the book you want to sell using the ISBN, compare prices to decide where you want to sell your book, then ship your book free and get paid via PayPal or a mailed check.

15. Get paid to grocery shop
✓ Earn extra money shopping for others
✓ Flexible schedule – Work whenever it works for you
✓ Earn more money by delivering groceries

Instacart is looking for people to become a personal grocery shopper. This can be an easy way to make extra money in your spare time. Plus, it’s free to sign up as an Instacart Shopper.

It’s similar to Door Dash. Simply choose the hours that work best for you. To maximize your earnings, Instacart recommends working peak days.

As a shopper, you’ll be grocery shopping for people. You can choose to be an in-store shopper (shopping only) or a full-service shopper (shop and deliver orders to customers). During busy shifts, you can earn $20 or more an hour depending on tips. This can be a great way to make money from your phone.

16. Rent out your garage on Neighbor
✓ Make money from home by storing vehicles and belongings
✓ Rent out any storage space, no matter what size
✓ All you need to do is clear a space

If renting out your spare room to strangers on Airbnb doesn’t sound like your cup of tea, then consider becoming a Neighbor Host instead.

When you become a Neighbor Host, you can make money by renting out any storage space, no matter what size. Some of the possible options include:

Garage / Carport / Driveway / Street parking
Parking lot
Basement
Bedroom
Shed
Warehouse
Self-storage unit
Closet
Attic

17. Get paid to share pins on Pinterest
Online business owners and bloggers are looking to hire Pinterest virtual assistants to help them grow their reach on the platform.

As a Pinterest virtual assistant, you can make between $25-$35 per hour by sharing pins on your client’s account. This can be a great job for beginners because you don’t need expereince to get started.

To learn more, check out this free workshop put together by Kristin, a Pinterst expert and creator of Become a Pinterest VA.

18. Get paid to play games on your phone
✓ Watch quick videos from brands you like
✓ Earn from e-gift cards
✓ Buy whatever you want from the retailer

If you enjoy playing games on your phone, considering using the Dabbl app. This mobile app lets you earn money by completing simple, fun interactive games, quizzes, and videos.

If you want to learn how to make money fast as a teenager using only your phone, Dabbl can be a good choice.

How to make money with Dabbl:
Simply download the app, choose what brands you want to engage with, and earn free gift cards for your time. You can earn free gift cards to retailers such as WalMart, Target, Amazon, and more great stores. This can be a fun way to make money from your phone.

19. Pet sitting on Rover
✓ Set your own schedule and prices
✓ Great side hustle opportunity for dog lovers
✓ Offer any combination of pet care services

If you like dogs, you could get paid to pet-sit and play with dogs. Rover is an online network that connects dog walkers and sitter to pet owners in your area. All you need is your phone to get started making money.

As a dog walker or pet sitter with Rover, you can set your own rates to make sure you’re charging a fair price. Looking for how to make money with your phone as a student? Rover can be a great choice.  Plus, it’s free to sign up. You can learn more and get started here.

20. Handy
✓ Earn up to $45 per hour (or job)
✓ Flexible schedule
✓ Must have paid experience with the service you’re applying for

Are you good at fixing things? I wish I was good at fixing things. Instead I just usually hire someone to make it easier for me.

If you’re handy, you could make extra money by helping others with special services. This includes painting, assembling furniture, mounting a TV on the wall, hanging a mirror or painting on the wall, installing lights and so on.

Websites, like Handy.com can help you find work as a handyman in your neighborhood. This is one of my favorite money earning apps.

You can earn up to $45/hour/job as a handyman. The top pros on Handy make over $1,000 a week! This can be a great way to make extra money by helping people with their everyday to-dos.

21. Fetch Rewards
✓ Over 500,000 5-star reviews
✓ Scan your receipts and save on groceries
✓ Redeem points for free e-gift cards

Don’t throw out your grocery receipt — you could scan it with your phone and earn free rewards!

Fetch Rewards is a free app that helps you earn digital gift cards for scanning your physical or digital receipts. You can redeem these gift cards at hundreds of retailers, such as Target and Amazon.

Simply snap a photo of your grocery receipt using your phone, and Fetch will award you points on all participating purchases and offers. It’s an easy way to make money from your phone..

22. Earn cash back with Ampli
✓ Easy and safe to use
✓ Shop and earn cash back on your purchases
✓ Available in Canada

For my fellow Canadians, Ampli is known as the Golden Goose of cash back apps. This free app helps Canadians get rewarded for their everyday purchases, both in-store and online.

Step 1: Connect your cards – Download the Ampli app and securely connect your Canadian debit and credit cards to the app.
Step 2: Shop & earn – Shop and pay with your connected card online or in-store at partner brands and earn cash back.
Step 3: Cash out for free – Once you accumulate $15, then you send yourself a free Interac e-Transfer. This is one of the best apps to make money fast.

23. Sell your old stuff on Facebook Marketplace
If you have some gently used clothes, furniture, books, or kitchen gadgets that you no longer use – consider selling them online. This can be a fast way to make money from you phone. I recently sold over $2,000 worth of old stuff on Facebook Marketplace and Kijiji.

How to make money as a Neighbor Host:
List your space – Tell Neighbor about your spaces and how much you’d like to earn.
Respond to renters – Review renters requests (including what they want to store and when) and approve them.
Schedule a move-in – Schedule a move-in time with your new renter. That’s it!
24. Sell your clothes on Poshmark
✓ Join millions of people on the largest social marketplace for fashion
✓ List your items for sale on the app
✓ Pre-paid shipping label and get paid

Do you have gently used clothing that you don’t need anymore? Consider selling your clothes for cash on Poshmark. This is a great way to make money from your phone.

Poshmark is a free app that lets you list items for sale. Just sign up for a free account, take a photo of the item you want to sell with your phone, fill in the description, set the price, and you’re done!

When you make a sale on Poshmark, they provide you with a pre-paid, pre-addressed label ready to be put in the box. It’s super simple and you don’t have to worry about dealing with stamps. You can learn more and create your first listing here.

25. Slash your monthly expenses with Truebill
Truebill is a popular app that can help you optimize your spending, find and cancel subscriptions, lower your bills, and stay on top of your finances.

While this isn’t a money-making app, it can help you reduce your monthly expenses, which adds up to extra money in your pocket.

26. Invest in real estate
✓ Get started with as little as $10
✓ Good for beginners 
✓ Good for accredited or non-accredited investors

Fundrise is one of the most popular real estate investment platforms. It’s great for beginners or non-accredited investors and you can get started with just $10.

This platform uses crowdfunding to pool funds with other investors in order to buy properties. This makes private real estate investing more accessible, since you don’t require a lot of capital to get started.

Other popular real estate crowding funding platforms include Realty Mogul and Happy Nest.

Realty Mogul is best for accredited investors and requires a minimum investment of $1,000. Happy Nest is good for beginners because you can get started investing for as little as $10, but I prefer Fundrise.

Make Money on Your Phone FAQs
Below are some common questions about how to make money on your phone fast and the best money-making apps.

Which app gives you real money?
Each app on this list can give you real money. For apps that instantly give you money, check out the ones below:

Swagbucks (Get $5 as soon as you sign up)
Ibotta (Get up to $20 welcome bonus when you join today)
My Points (Get a $10 Amazon or Visa gift card when you sign up)
Rakuten (Get a $10 welcome bonus when you make your first purchase)
What jobs can you do from your phone?
There are many jobs mentioned in this post that you can do on your phone. Below are some of the most popular ways you can earn an income from your phone:

Door Dash (deliver food to customers on foot, bike, or car)
Instacart (Get paid to grocery shop and deliver items to customers)
Rover (Get paid to pet sit or walk dogs)
Handy (Get paid to do odd jobs such as cleaning or lawn care)