Best Ways to Make Money Online in 2023
From taking online surveys to starting an online store, there are many ways to make money online. Most only need a computer or mobile device and a reliable internet connection. These earning methods not only require minimal start-up costs, but also allow you to work independently from the comfort of your home. With all these benefits and the rise of e-commerce due to the COVID-19 pandemic, it’s no surprise that more people are looking for ways to make money online. This article collected 35 ideas to make money online in 2023. We have divided the ideas into two lists, consisting of 10 ways to make money fast and 25 strategies for long-term money. I hope this article will help you learn how to make money online.
Legitimate ways to make money online
Some ways to make money online pay more than others, so choose the ones that best suit your lifestyle. Here are some ideas and resources to start learning how to make money online for free.
1: Participate in market research
Online surveys won’t bring you much income, but you can earn a few dollars here and there. Many survey sites pay with gift cards, but some, like Branded Surveys, allow you to cash out your earnings via PayPal or direct deposit. By consistently completing surveys and earning points, you will become a Branded Elite member and be eligible for additional bonus points and rewards.
We have evaluated dozens of paid survey sites, many of which are scams claiming to represent legitimate individuals, so be careful giving personal information to a brand you have heard little about.
2. Get cashback and rewards online
Cashback apps and browser extensions help you save on everything from groceries to books. You won’t make a fortune, but if you shop a lot online, the savings can really go up.
For example, I can automatically receive $10 to $20 every month with the free DollarSprout Rewards browser extension. He refunds me at my favorite stores like Overstock, Walgreens, and Walmart, and searches the web for promo codes and coupons for extra savings at checkout.
Once you install the browser extension, DollarSprout Rewards will let you know if there’s an offer on any of the 15,000+ different retailer websites. One simple click activates the money back offer and there is no “trick” to using it. If your income balance exceeds $5 at any time during a given month, you will automatically receive a payout on PayPal the following month.
3:Sell your unused internet connection
Sounds weird, but listen to me. Companies like Honeygain literally buy your idle data and internet resources so they can provide their content delivery services to the Fortune 500 partner companies they work with. Your computer becomes part of a larger hive of computers and Internet connections that help power the network.
By installing the app on two devices and sharing about 5 GB per day, Honeygain estimates that the average user will generate passive income of $45 per month.
If you have an unlimited mobile data plan, cable, fiber, or DSL, chances are you will have extra bandwidth to donate. What’s more, new users also get a free $5 gift when they sign up online. Visit their website to find out more.
4: Start a blog
Making money blogging is more realistic than you think. Bloggers make money by advertising the companies they are associated with. When users click on an affiliate link and make a purchase, the website owner earns a commission. There are other ways to make money blogging, such as running ads, selling your own products, or writing sponsored content.
Blogging platforms like HostGator provide an easy and affordable way to start your own digital business from home for less than a cup of coffee a month. (In the same way, we turned Dollar Sprout into a seven-figure brand.)
5: Monetize your location data
Have you ever received one of those push notifications from Starbucks asking if you want a drink if you’re within a stone’s throw of a physical location? Remember the apps on your phone that ask for permission, can they use your location data?
Chances are you have over a dozen apps installed on your phone that are currently tracking your every move. Now it’s time to monetize it.
With Tapestri, users can earn up to $25 per month simply by turning on their location sharing.
Tapestri then partners with big brands to help them gain insights into consumer behavior and shopping patterns. Location data is completely anonymous, and as we mentioned earlier, you already share it with a number of other apps – at least with Tapestri you get paid to do so.
Pro tip: Tapestri has a very handy referral program that pays out passive money monthly for every person you refer to the app (which also agrees to location sharing). For every month a referral keeps the app on their phone, you will earn $1.
6:Become a proofreader
Proofreaders help writers, bloggers, and even court reporters ensure that their content is grammatically correct and error-free. The role of the proofreader is to be an extra pair of eyes after the author and editor have finished their work. They review the content for errors that might have been overlooked before. With a modest list of clients, a freelance proofreader can reasonably expect to earn anywhere from a few hundred to several thousand dollars a month by working in their spare time.
Tory Gellino, a DollarSprout reader and avid sidekick, earns an average of $1,200 a month as a virtual proofreader. She recently shared her top tips for finding stable 5 to 10 trustworthy clients and the training she went through before getting them on board.
Ready to start? Caitlin Pyle offers a free webinar and proofreading anywhere course for people interested in starting a freelance proofreading business from home.
7: Manage Facebook Ads for Business
One of the ways Facebook makes money is by allowing companies to advertise their products and services in users’ news feeds. Most small business owners don’t realize the value of displaying Facebook ads to their businesses. By learning how to communicate the value of advertising in attracting new customers and building brand awareness, you can earn between $1,000 and $2,000 per month for every customer you refer.
Start by reaching out to small business owners in your area, or take an online course that will teach you how to manage your Facebook ads and start booking clients.
8: Work as a virtual assistant
Virtual Assistant is an all-encompassing name for those who offer online services for companies and small businesses. Services can range from graphic design to blog management and email marketing.
My good friend started working as a virtual assistant when she had a baby
Virtual Assistant is an all-encompassing name for those who offer online services for companies and small businesses. Services can range from graphic design to blog management and email marketing.
A good friend of mine started working as a virtual assistant when she had her first child. She makes $35 an hour offering copywriting and email management to local businesses. Freelancing will increase your hourly rate, but it also comes with the downside of having to look for work on your own. Another option is to work with reputable virtual assistant companies that have a steady stream of clients but at lower hourly rates.
9: Decrypt audio files
The most common transcription works fall into three categories: legal, medical, and general. Companies in the medical or legal field may require you to have certain knowledge or experience in the relevant field. As a transcriptionist, you will listen to audio files and transcribe them into written content. Pay varies depending on the industry and your level of experience. If you’re interested in transcription, here’s a free 7-day course that includes more details on what it takes to work as a transcriptionist and how to get started.
10: Shore jump
Bank jump is one of the smartest ways to make money online, but it often requires a bit of capital to work. The gist of it is pretty simple: banks offer significant deposit bonuses if you open an account – often with a minimum deposit – and hold the money at the institution for a set period of time, often around 90 days.
For example, Citi Bank is currently offering up to $2,000 in bonuses for opening a new Citigold account and keeping money in it for only 60 days (then flush and repeat at a new institution). Tiered Bonus: You will earn $200 for deposits between $10,000 and $29,999 and $2,000 if you deposit $300,000 or more.
