Making money online can seem like a daunting task. There are so many scams and get-rich-quick schemes out there that it’s hard to know what is legitimate and what isn’t. But don’t worry, we’re here to help! In this blog post, we will discuss the easiest (and least scammy) ways to make money online. So whether you’re looking for a side hustle or want to start your own business, we have you covered!
Before we get started though, let’s try to answer these questions as they play a major role in picking make-money ideas or business ideas that are legit.
How much money do you want to make online?
While this is a simple question that requires a simple answer, it can also end up being a trick question and your downfall as a freelancer or an online worker.
You see, how much you want to make can completely change the game. It can shift your focus from long-term to short-term gains, it can make you more desperate, and it can cloud your judgment.
How much would you like to invest in your online business?
Do you want to invest $1 Million and you have made the information public? Guaranteed, you will end up falling for thousands of Scammy online courses or investment platforms designed to steal that $1 from you.
With these questions out of the way, what’s the chance that you will make money online without money? And what are the chances that you can make money by investing money online? And which investment or work-at-home gigs should you go for to get value for your time and money?
Here are 3 easy ideas to try if you want to make money online legitimately in 2024.
Blogging is hands down one of the easiest ways to make money online.
You can start a blog for free (not recommended for professional blogging), and once you have built up a following, you can monetize your blog by selling advertising space or by recommending products/services to your readers.
Another great thing about blogging is that it’s a relatively low-risk investment. You can start a blog with little ($70) to no money, and if it doesn’t take off right away, you haven’t lost too much.
If you’re interested in starting a blog, we have a tutorial that will help get you started! Read it here.
How much money can you make blogging?
I have at one point earned a little over $3,000 blogging in Kenya. And it didn’t take much effort. I used affiliate marketing which by the way is also free if you want to start.
What do you need to start a successful blog in 2024?
To start a blog in 2024, you will need the following:
- A domain name (this is your blog’s address on the internet, e.g. example.com) – costs $5 or more depending on its TLD extension. You can get a domain name for FREE on Bluehost.com.
- A web hosting account (this is where your website’s files are stored). Bluehost webhosting starts at $2.65 per month. Claim your offer here.
- Content management systems (CMS) like WordPress or Blogger – are free regardless of the company you choose to buy your domain name or hosting from.
- Basic computer skills – you don’t need to be a tech wizard, but you should know how to use a computer.
- Traffic (people who visit your blog). This can be achieved through SEO (search engine optimization), social media marketing, and guest posting on other blogs in your niche. Create good content to get free traffic through SEO.
How long will it take you to make money blogging?
This depends on the niche you choose, your traffic source, and the monetization methods you go for. I made my first $57 during my first week of blogging.
What’s to stop you from making more within a shorter period?
2). Affiliate Marketing.
Have I already mentioned that I made over $3,000 in one day of blogging? Perhaps what I didn’t mention is, that I achieved these results through affiliate marketing.
Affiliate marketing is selling other people’s stuff in exchange for a commission.
It’s one of the easiest ways to make money online because it doesn’t require you to create a product, and there are thousands of companies with affiliate programs that you can join.
The best part is, you don’t need a website or blog to start affiliate marketing. But in my case, I already had lots of content ideas so I started my affiliate marketing business with blogging just from the word go.
It didn’t take a week before I earned my first commission for $57. Three years down the line, I have earned a little over Ksh. 8,000,000 with affiliate marketing with only one platform. Kingfin.
Lest I forget. It’s free to register for any affiliate marketing program or network.
What might not be free is the traffic that you need for your affiliate marketing success.
Will you be using your blog to promote affiliate marketing offers? Then it’s safe to say that you can get free traffic through search engine optimization.
Do you want to use Facebook and/or other social platforms to drive traffic to your offers? Then, you might have to part ways with a couple hundred or a thousand dollars.
How much money can you make with affiliate marketing?
Depending on the program you sign up for and your spending power on traffic sources, you can make upwards of $100,000 in a month with affiliate marketing.
I’ve never spent any money on any traffic source to generate revenue for my affiliate marketing business. It just happens. And I can comfortably make $10,000 a month without doing so much.
What do you need to become a successful affiliate marketer?
- A laptop, computer, or even a smartphone – for accessing your affiliate offers.
- An internet connection – this will enable you to access training materials and your affiliate marketing account(s).
- An email address – most affiliate programs will require you to have an active email so they can communicate with you regarding updates, payments, etc.
- Patience – affiliate marketing is not a get-rich-quick scheme. You need to be patient enough to see results.
- Perseverance – there will be challenges along the way. The key is not to give up.
- Time – you need to dedicate time to learning and implementing what you’ve learned.
- A willingness to learn and take action – this is perhaps the most important quality you need to succeed as an affiliate marketer.
Affiliate marketing is one of the easiest and most profitable ways to make money online. Thousands of people are making a full-time income from it, and you can too!
How long will it take to make money with affiliate marketing?
Again, this depends on a lot of factors including the niche you choose, your traffic source, and the monetization methods you go for.
But I can say with certainty that if you’re willing to learn and take action, affiliate marketing is one of the easiest ways to make money online. You can start making money within days or weeks of starting. Sometimes even immediately.
3). Online Trading.
And of course, my list of genuine ways to make money online can not be complete without talking about trading considering that this is one method I have recently used to earn $800 plus in a record 2 minutes.
?Unlike anything else you will read on the internet, this is an interesting way to make money online because it doesn’t require any selling or convincing.
You simply buy low and sell high, making a profit in the process.
What will you be buying you ask? You will be buying and selling shares of companies listed on the stock market, currency pairs, indices, or crypto.
Now, you don’t need to have a lot of money to start trading. You can begin with as low as $10 and grow your account from there.
The best part is, you can do all this from the comfort of your home or office. All you need is a laptop, smartphone, or tablet and an internet connection.
What are the best trading platforms for 2024?
You can learn more about online trading here.
What do you need to start online trading?
Just like affiliate marketing, all you need to start online trading is a laptop, smartphone, or tablet and an internet connection.
You will also need to open an account with a broker and deposit some money into your account before you can start trading.
Most brokers have minimum deposit requirements of $250, but some allow you to start with as low as $10.
If you don’t know how to trade, you can use the demo account offered by these brokers to learn how to trade and to also access the knowledge base of the trading platform you choose to work with.
Do you want to open an account right now? Open your account with Olymp Trade to get $10,00 demo units.
There are thousands of easy and legit ways to make money online but these are the best that I have tried and made my fortune doing.
I hope this list has helped you in some way and I wish you all the best in your journey to making money online.
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