The rise of digital (search and social) has given rise to many new and lucrative economic opportunities. This means that you do not have to leave your normal 9-5 job to use digital means and approaches to earn on the side.
By devoting just a couple of hours every day, you can earn handsomely through online platforms. You can use the earnings from part-time digital vocations to-
- Fund an exotic vacation
- Do the kitchen makeover that you had planned
- Buy a new car
- Create a fund for your kids’ college education
- Increase your Savings for a post-retirement life
In this article, we will help you know about the top five online money making opportunities that you can explore in 2020.
Best Online Money Making Opportunities to try in 2020: The List
1. Teach something Online on the numerous Education Platforms-
If you have been to college and have a degree, you can easily sign up to become an Online Tutor in the numerous education platforms. Online education is now a multi-billion industry and platforms are always on the lookout for teachers.
If you do not have a college degree, that is not an issue. You can teach music, cooking, dancing, and fitness by being part of many such platforms, which offer these types of online classes. All you need to do is invest a couple of hours every day and get paid instantly.
2. Become a Bitcoin Trader-
There are numerous online cryptocurrency trading platforms where you can invest as low as $250 USD and start trading. This has opened up the opportunity for normal people to earn from crypto. You do not need to get into mining to earn from Bitcoin and other cryptocurrencies.
Sign up on a credible and reputed platform, and you are good to go. The software informs you of the best trades available. Buy, sell or even exchange denominations of Bitcoin as you would on a stock trading platform. This has made it very easy to earn money with Bitcoin.
3. Live Streaming on Social Media (Influencer)-
If you have watched the movie ‘The Truman Show’ or the recent ‘Keeping Up With The Kardashians’ you know what I am talking about. If you have an interesting family and want the world to share your life, jokes, and passions, a career in Live Streaming can be for you.
This is an advancement over being a social media influencer. Many platforms can help you in this regard. You can also use Facebook, Instagram, and other social media platforms to live stream aspects of your life that can engage and attract viewers.
4. Sign up for Freelance Work on platforms-
If you have some skill, for example, say content writing or graphic designing, you can make decent money. All you need to do is sign up on freelance work platforms and create a small portfolio of your work. This needs to be followed up by submitting bids for jobs.
If you are good and committed, you will get a number of offers from people looking to outsource their digital work requirements. This will not only enable you to work according to your own timings, but also be connected to a professional ecosystem.
5. Start an Affiliate Blog-
Everyone among us is passionate about something or the other. It might be automobiles, or food, or technology or even pets. No matter what your interest area, there is a huge audience for that. You can easily start a WordPress Blog and integrate an Affiliate Marketing model.
This will enable you to earn from various channels. We are talking about guest posting services, link building, Google Ads and Affiliate links from websites like Amazon, eBay, and Walmart among others. In no time, you will be earning more than $200 USD per day!
In order to be successful at any one of the above tips, all you need is a laptop and an internet connection. If you are smart and intelligent, the online offers numerous earning opportunities, which are not only fast, but also highly profitable in nature.
Can you think of some other online money making opportunities? Let us know in the comments section below.