How to Make Money Online And Get Paid in 2024

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You want to start making money online in 2024, right? Of course, you do.

And there are thousands of online jobs you can do from any part of the world to make money online.

Except, some of these websites and methods to make money online often talked about on the web do not guarantee payment.

And if you find online jobs that pay, they end up paying peanuts thus making them less lucrative and sometimes a waste of time.

In today’s post though, we will not only talk about online jobs that you can do to earn money online but also mention a few that guarantee these payments in a short time.

Top 9 Side Hustles That you Can do to Make Money Online And Get Paid in 2024

  1. Online Trading.
  2. eCommerce/Dropshipping.
  3. Blogging.
  4. Freelancing.
  5. Create, grow, and sell social media accounts.
  6. Start a YouTube channel.
  7. Write and Sell eBooks.
  8. Become a TikToker.
  9. Flip domain names and websites.

How to Make Money Online And Get Paid in 2024.

While you can make so much money with all the methods mentioned above, there is no guarantee that you will be paid soonest.

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Depending on what you decide to do to make money online in 2024, you may have to wait a minute before earning your first coin.

I guess what I’m trying to say is, that a site like YouTube is guaranteed to reward your efforts for posting quality videos, but that’s only if your site meets the set criteria for partnership.

In this section, we will discuss each of the listed gigs in-depth and try as much as humanly possible to show you how to get paid for doing these gigs.

Beginning with: –

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  1. Online Trading.

What is trading?

Trading is an activity that lets you earn money on price fluctuations of different assets such as currency pairs, commodities, and stocks.

These assets may include – for the stock market – McDonald’s, BMW, Facebook, and Nike among the others shown in the image below.

For currency pairs, you can trade GBP/CAD, EUR/USD, and GBP/CAD among other assets available on your preferred trading platform.

Olymp Trade Trading

To explore all the available assets to trade, register for a FREE trading account and navigate for more.

In case you click on the link above and create a demo account for trading, you will see a chart as shown in the image below.

Olymp Trade

The chart shows how the price of an asset changes in real-time.

If the line on the chart is going down, it means the price is falling.

If it’s going up, the price is rising.

Traders who want to make money online make forecasts on how the price will change shortly.

Such a forecast is called a “trade”.

Should you make trades of a fixed duration that offer a fixed profit, then that type of trading will be referred to as fixed-time trading or FTT trading.

All said, how can you make money trading FTTs in 2024?

Simple.

First, choose an FTT asset to trade as shown in the image below, and note that FTT assets vary in profitability.

Olymp Trade 2022

For example, in the image above you will receive 92% of the profit if, when your trade expires, the chart will still be moving in the correct direction.

Follow the steps outlined below to place a trade-in in your preferred direction.

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Step 1. 

Set the investment amount as shown in the image below.

And don’t worry if you just created your trading account.

All new trading accounts come with $10,000 demo units which you can use to practice how to trade.

Olymp Trade

If you are new to trading, I recommend that you use this demo account to: –

  1. Figure out the trading platform.
  2. Come up with trading strategies to improve your winnings.
  3. Test new strategies that you have just learned.
  4. Reduce the risk of exposure in the real market.

Step 2.

Select 1 minute as the duration of your trade.

You can achieve this by either using the – or + buttons as shown in the image below.

Olymp Trade

Step 3.

The last thing that you need to do to place your first trade is to look at the chart and decide where it will go next:

Up or Down.

Place your trade by clicking on either of the buttons shown in the chart.

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Red to predict that the price of the asset that you are trading will fall over the duration that you have picked.

Green tp predicts that the price of the same asset will rise over the set duration. Could be 1 minute, 2 minutes up to 23 hours.

Olymp Trade

Congratulations.

You just placed your first trade.

Wait for the trade duration to lapse to take your profits.

Should you win on your trade, you will make up to 92% in profits.

For example, if you invested $100 in this trade, you’d earn $92 — a 92% return in just 1 minute.

Interesting, right?

Now, this is one of the simple ways to consider if you want to make money and get paid in 2024.

It’s how I made my first million (KES) as you can see in the image below.

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Olymp Trade Withdrawals

2. eCommerce/Dropshipping.

If you don’t fancy buying and selling non-tangible assets, why not spend your start-up capital to start an eCommerce/dropshipping business?

As an eCommerce business owner, you will be buying and selling goods over the internet – which can be costly because you have to deal with: –

  1. Clients.
  2. Keep inventory.
  3. Make deliveries.
  4. Among other things that should help your business succeed.

But that’s the hard way of getting involved in the eCommerce space.

The easy way is to join as a drop shipper.

Dropshipping is an order fulfillment method where a store does not keep an inventory of the items it sells.

Instead, it purchases items from third-party suppliers who then ship the items directly to the customer.

Doing this helps you avoid dealing with customer complaints, order tracking, and renting warehouses among other expensive stuff in starting an online business.

So, how does dropshipping work?

Assuming you start dropshipping in 2024, you will need to create a website with either of these eCommerce platforms for dropshipping.

  • Magento.
  • WooCommerce.
  • Shopify.
  • OpenCart.
  • BigCommerce.

Once your website is live, customers will buy and make payments to you. In this case, we will use Sh 1,500 as a sample payment.

Next, you will forward the order details and customer’s address to the supplier and pay the wholesale price of say Sh200.

Do the math.

You will have made Ksh. 13,000 profit.

Having received the order, the supplier will then ship the ordered item directly to the customer.

Notice something?

You didn’t have to do so much work and you still made good money.

3. Blogging.

A blog is an informational website where writers share their views on subjects of their choice.

As a blogger, you can write about anything. Anything from: –

  1. Food.
  2. Fashion.
  3. Personal Finance.
  4. Lifestyle.
  5. Blogging.
  6. You name it.

Once your blog grows, you can monetize via either of the methods outlined below.

a. Adsense.

Google AdSense is a program run by Google to serve text, images, video, or interactive media advertisements to audiences.

As a blog owner, you can partner with Adsense and you will be paid based on a cost-per-click (CPC) payment system.

This is where you receive part of Google’s payments when someone from your audience clicks on one of Google AdSense’s targeted ads.

If your traffic is good, you will easily make $300 to $5,000. And, your earnings will be sent by Google to your bank account on the 21st of each month.

b. Affiliate marketing.

Affiliate marketing is a marketing arrangement by which an online retailer pays a commission to an external website for traffic or sales generated from its referrals.

As a blogger, you can use both Adsense and affiliate marketing to monetize one website and each of the methods will pay you when you meet the requirements.

If you are a beginner in affiliate marketing, consider creating an affiliate account on: –

  1. Clickbank.
  2. Or digistore24 to get started.

c. Sell merchandise on your blog.

Depending on your niche and the liking of your audience, you could start selling branded T-shirts, pens, mugs… you name it.

Make sure the designs are appealing and only print on demand if you want to make money with this method.

d. Sell membership on your blog.

You can also sell membership on your blog to make consistent income monthly. Or, accept sponsored posts in your blog.

4. Freelancing.

Make money online with freelancer

 

Freelancing means working as an independent company rather than being employed by someone else.

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Freelancers are generally self-employed individuals using different skills to make money remotely.

Depending on what you are good at, you could start a freelancing business in: –

  1. Article writing
  2. Bookkeeping
  3. Data entry
  4. Logo design
  5. Web design.
  6. Transcription
  7. Captioning
  8. You name it…

Some of the freelancing sites even pay directly to Mpesa.

5. Create, grow, and sell social media accounts.

Social Media Accounts are any websites, applications, and similar electronic means by which users can create and share information, ideas, personal messages, and other content.

While it is free to create a social media account, for example – TikTok, Facebook, Instagram, and Snapchat…, it is not always easy to grow these accounts so fast.

For that reason and for the reason that some people, brands, and companies want fast growth, they would easily buy any social media account that has: –

  1. A good following.
  2. Good engagement.
  3. Resonates with their brands
  4. Or has some rich content in their niche.

If you are good at growing social media accounts, you can create accounts across all platforms, grow them, and sell them online.

6. Start a YouTube channel.

Start a YouTube channel - Make Money Online And Get Paid

How much time do you spend on YouTube daily?

Did you know that owners of those YouTube channels end up making money at your expense?

How do you ask?

YouTube has a program known as the YouTube Partners Program or YPP which allows creators to make money on the platform when ads are served on their channels.

To start making money with this method you will need to: –

  1. Have a YouTube channel that anyone with a Gmail account has.
  2. Have no active Community Guidelines strikes on your channel.
  3. Get more than 4,000 valid public watch hours in the last 12 months.
  4. Have more than 1,000 subscribers.

You can achieve all these in a few days if you start working on your channel today.

7. Write and Sell eBooks.

Now, this is a very easy way to make money and get paid online and it can also be one of the hardest if you: –

  1. Don’t know how to write.
  2. Don’t have a budget for marketing your eBook.

Not to worry though, you can hire freelancers on content milling sites such as Upwork or Guru to write for you at a small fee.

Once the content is ready and the design is done, use tools like click funnel to promote and sell your eBook.

8. Become a TikToker.

While it is true that TikTok no longer pays through their partner’s program, it is also true that you can still make money on TikTok via other methods.

Those methods include but are not limited to: –

  1. Promoting affiliate products via the TikTok business account.
  2. Go live and ask your followers to donate coins.
  3. Getting endorsements.
  4. Promoting and selling your products on the platform.
  5. Dropshipping.

Among other methods.

9. Flip domain names and websites.

Ideally, you only need Ksh. 2,000 to design a new WordPress website. And at least Ksh. 500 to buy a new domain.

But what is a website, what is a domain name, and what is flipping?

A website is a collection of web pages and related content that is identified by a common domain name and published on at least one web server.

For example, wikipedia.org, google.com is a website, and Joon.co.ke is also a website.

Domain name on the other hand is the address where the website is found.

For example, to access this website, you type in Joon.co.ke in your browser.

A domain name can cost more and it can also cost less depending on demand.

Now to make money off this demand, we can buy domain names or ready websites at lower prices and resell them for profits.

When you do that, you become a flipper.

Website and domain flippers can buy and resell both websites and domain names on websites such as flippa.com.

It’s just like buying and selling land/houses. And sometimes, the profits in the web flipping business match real estate too.

Conclusion.

To make money online and get paid for doing either of these gigs, you will need to be patient and/or invest some money to get started or to catalyze your success.

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