If you were laid of due to the coronavirus quarantine, if you had to close your business, or you have fewer work hours and consequently less income, how will you make money?
My work hours have also decreased, which means a lower pay. I’m grateful, though, that I still have work. Instead of teaching in school, I now teach online. Despite this, I still lost two classes.
How Can You Make Extra Money?
There are several options. Some may provide you with some extra cash while others could supplement your income a great deal. Here are the three best ways to make money on your free time (which we have an abundance of nowadays).
- Write articles on Medium
- Affiliate marketing
They will not make you rich. Surveys can get you a little extra cash, some pocket money to buy medicine or other necessary items. Let’s hope we won’t need them.
I don’t recommend surveys a lot, because they can be time-consuming, restricted to certain countries, and sometimes you answer several questions only to find out that you don’t qualify for that particular survey. Can you earn a few extra bucks with this? Yes, you can, just don’t expect loads of money.
There are many survey platforms, too many to list, but which ones are actually worth it? Swagbucks is definitely one of them. It has a very interactive home page and there are several ways to make money. Basically, you get Swagbucks (reward points) for filling out surveys, and doing other activities.
Besides surveys, what other activities does Swagbucks reward you for?
You could also watch videos and get Swagbucks for it, yes, just for watching videos. Sounds good, doesn’t it? Searching the web with their toolbar (which you will have to install) also earns you points.
The home page always indicates how many Swagbucks you have. They can be redeemed for gift cards or cash.
If you love to write, you can publish articles on medium.com and get paid for it. Medium is a great site where people can share articles or short stories. This platform has over 60 million active users – readers and writers. The good thing about Medium is that it gives your article or story great exposure. Subscribers also get a Medium weekly digest sent to their emails. Having your article featured in that newsletter is another great opportunity to get exposure.
You can get paid for your articles. You just need to set up your profile, and indicate your payment settings, and you’re all set. However, – and this the one thing I don’t like about Medium – payment is restricted to some countries. They use Stripe to pay their writers and Stripe has a list of supported countries. If your country is not on that list, you can still write articles, but you won’t get paid for it …
Stripe apparently only supports 31 countries. If you’d like to know whether your country is included, you can check in this link.
This is what I recommend the most. Although it may take time before you start earning money, once you start making an income, affiliate marketing can turn into a lucrative side and even main business. There are many success stories of people who did so well that they ended up leaving their day jobs.
It may sound daunting to some. Affiliate marketing includes setting up a website and connecting with sales platforms, but creating a website nowadays is easier than you think. In fact, you can do it in under a minute.
Then, you write content and build your audience. Finally, you insert affiliate links, and if someone clicks on your link and buys a product, you can earn a commission. Even if the customer buys something you did not promote, but gets there by clicking through to other products via your link, you can still earn a commission. Sweet, isn’t it?
If you’d like to find out more, click on my previous article in which I explain more about affiliate marketing.
Of course, there are other ways to make money online. We have all heard of MLM’s (also known as pyramid schemes), YouTube, etc. While MLM’s certainly work for many, it is not always easy to get your recruits, and frankly, I’m not a huge fan of them. The three platforms I reviewed here can surely make you money. Just remember, surveys won’t make you rich 😉 They can be fun though, and now that we’re all stuck in the house, we can use a little entertainment, right?
YouTube is also a wonderful platform. You need to get lots of likes and subscribers, and once you have achieved 1000 subscribers, you can monetize your YouTube account. Pretty cool, right?
Now that we are all staying indoors (and please do, stay safe and healthy, OK) we have plenty of time on our hands to write articles on Medium, and also to dabble in affiliate marketing. Why not? Create your website right now and see it take shape in under a minute.
If you have any questions about Swagbucks, Medium, or affiliate marketing, please let me know.