Top 15 Legit Ideas to Earn Money Online in 2020

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Here’s how you can earn money online using the internet that has created an upheaval in our everyday lives and has changed the way we eat, live, work and entertain ourselves. Technology is ever pervading and has touched every aspect of our lives. The internet has also enabled people to work online and earn money online. But most people are still perplexed on how they can make use of the internet and developing technologies to earn money online.

Well, the truth of the matter is that earning money online is not an easy task. With the increasing competition and with so many people vying to make use of the internet to make money online, it is not easy to find the right source from where money can be earned using the internet.

Working online to make money is basically for people who work for the least initial returns. To earn money the right way using internet technology, it is essential to have patience. This is mainly because it takes time to build authority and create an audience. These two are considered the most essential elements of succeeding online and making money.

So, you want to work and earn money online? So, how do you find the right idea to work?

To find the right idea to earn money online, you need to consider a few things so that online money making can be successful. The most important of these include:

Find the right niche: It is essential to find out what you are good at and what ideas you cannot work upon when you want to earn money online. It is not essential to be an expert but you must always consider the ideas for making money online that are of interest and that can be easily worked upon.

Always add value: People who want to earn money online must always add value and create authority and an engaging audience over a period of time. It takes time to gain the trust of the audience as well as the organization you may be working for.

Never sacrifice morals: For people who want to make money online, it is essential to know that morals must not be sacrificed to earn money quickly.

When you are planning to work online or when finding ideas to make money online, it is essential to consider the long-term aspects of the work. It takes time and maybe frustrating in the beginning but if you work with patience and keep the long-term benefits in mind, working online can help you earn enough money.

So, here are the best of the several legit ideas available for you if you are ready to work hard to earn money online:

#1 Work as a Freelancer To Earn Money Online

Becoming a freelancer is a great idea for making money online. For becoming a freelancer, you need to be a good programmer or a designer or a writer or a marketer. With these core skills and also great marketing abilities, you can get a lot of paid jobs online.

You need to be a good marketer and have great communication skills to get to the clients. A great thing about freelancing is that you do not need to invest money to get paid jobs.

TOP FREELANCING SITES:

Upwork	Highly reputable Freelancing Sites	Sign Up
Fiverr	$100 Sign Up Bonus	Sign Up
Indeed	Best For Freelancing Writing job	Sign Up

#2 Survey Sites Help you Earn Money Online Simply and Quickly

Taking surveys and getting paid is a great idea to earn money online. You can join various survey sites and build a profile and then take surveys based on your choices and preferences.

Survey sites pay a nominal amount. But continuously working on these sites can make this nominal amount into a big one. Making money by taking surveys is easy, simple and also a flexible option.

TOP SURVEY SITES:

Survey Junkie	Highly reputable for online surveys, redeem for cash.	Sign Up
Swagbuck	$5 Sign-up Bonus	Sign Up
Inbox Dollars	$5 Sign-up Bonus	Sign Up

#3 Offer Consultancy Services

You can also work as a consultant online. Working as a consultant can help you to earn money on an hourly basis online. You can sell advice or knowledge to others online to earn money.

So, do you need special skills to work as a consultant? Well, as a consultant, you need to be an expert in a specific domain and find clients online. However, you may not get many clients at once and need to gain trust and build a reputation.

#4 Use YouTube for Earning Money Online

The popular platform YouTube can be used for making money online. Yes, it’s true!!! And many people are already using this social network to earn money.

The idea behind making money from YouTube is to create videos and upload them. People can successfully earn money on YouTube by creating funny videos. You can also create helpful and informative videos for a niche audience.

Making a YouTube channel and creating and uploading videos can be time-consuming and requires you to put in a lot of effort. Also, once the channel is created, it is required to keep adding valuable content to it so that it can grow in popularity and get more audiences.

#5 Become a Writer

Writing is a great idea to earn money online. People with great communication skills and writing abilities can write for the internet and earn money. Writing blogs, articles, e-books, or reviews can help you earn money.

There are many companies out there who need good writers who can write for their products and services. A lot of companies require ghostwriters and pay them well. If you are good at grammar and have good writing abilities, writing for sure can help you earn money.

#6 Affiliate Marketing- An Easy Way to Earn Money Online

Affiliate marketing– a term you must have heard about but do you know that this can be used to make money online.

Affiliate marketing is a great way of earning money online. Affiliate marketing is more like running a retail shop. You just need to sign up with a few online retailers and then promote your favorite products on the websites and social media to earn money.

Affiliate marketing allows you to earn a decent amount of money and this work is easy as well.

Another way of earning money by using affiliate marketing is to write product reviews. Affiliate marketing is one of the most popular and convenient means that enables people to make money online.

#7 Digital Store

You can also open a digital store to earn money. However, it is essential to have a few products that you can sell online before a digital store can be opened.

You can sell anything via this digital store be it handkerchiefs, electronics or designer jewelry. However, it is essential to validate the idea, procure the products and find customers who would buy the products. Running and operating a digital store is a time-consuming process. For this work, you need to keep patience before you can find the right target audience.

#8 Start a Podcast

Audio content has become very popular off late. Starting a podcast can be a great idea for earning money online.

You can launch a podcast with attention gaining audio content. Here you can discuss ideas that are of interest to a large audience. You can thus build an audience and monetize the podcast with advertisements and sponsorship.

#9 Develop a Niche Blog

Blogging is not a new idea but is sure one of the best ideas that help people make money online. Creating a blog about niche products and for niche audiences can be a profitable venture in the long term. Launching a blog and growing traffic takes time. This, however, works as an effective strategy to help you to make money online.

#10 Renting

So, you have stuff you don’t use but don’t want to throw away? Or do you have space that can be rented for some time to other people? If yes, you can earn money by giving these things or space on rent.

For instance, you can rent out your bike or garage space in return for money. This is a fairly new idea and you need to put in efforts to attract the attention of the audience to whom the rented stuff may appeal. You need to make sure that you have clear pictures of everything that you can rent out. You also need to provide all the necessary details and the rental price to the audience.

#11 Sharing Knowledge

A legit idea that can help make money online is by sharing knowledge about a specific subject on the online courses available with the audience. The growing demand for online courses by students as well as professionals requires expert content. You can share this content and publish courses online to earn an income.

#12 Coaching and Tuition

Providing online coaching and tuition can also help make money online. A lot of students are turning to online platforms for taking tuition and coaching in different subject areas.

You can earn money by tutoring students online in a specific subject on a one-to-one basis or in groups.

Online coaching and tuition pay well and offer great comfort and convenience to people who want to work from their home.

#13 Coding

If you possess coding skills, you can easily make money online. In today’s digital world, coding skills are the most sought after and therefore people with these skills can get several jobs.

Such people can also start apps or chatbots to successfully earn money using technology.

#14 Buying and Selling Domain Names

When you think of earning money online, buying and selling domain names is not a likely option. However, buying and selling domain names can be a great way of earning money online. It is essential to promote good quality domain names in the right manner so that a good amount of money can be earned.

#15 Stock Trading

If you are good at stock trading or have knowledge of how to trade in the stock market, you can make enough money online. Trading online in stocks requires a little investment if you want to deal in stocks. It is also essential for you to have knowledge about how to pick the right stock.

It is also recommended to keep adding to stock trading skills and knowledge so that you do not end up losing money.

With the ever-growing advent of the internet and more and more people using it for various purposes, an on-demand economy is developing for individuals. This economy offers great opportunities for entrepreneurship, making money and work and time freedom. With so many legit ideas for making money online, you can choose an idea that best suits your interests and the skills that you possess. For great success in this area however you need to keep adding value and stay on the cutting edge in this arena. It is also essential for you to market the skills one possesses in the right manner so that you can earn as per your potential.

The question however is does working online entail any benefits for you? The answer is yes!!! The following are the advantages that you can get by working online to earn money:

• First things first, when you want to work online to earn money, you usually do not need to appear for interviews and also do not need to possess specific experience.
• When working online to earn money, you can work anytime you want as these jobs are usually flexible with their timings.
• You sure have several options to choose from as we have already seen above.
• When working online to make money, you do not need to follow a formal dress code and can work in your casual attire to suit your comfort.
• You can decide your income when working online depending on how much time you can give to the work.
• You can control your work environment making it comfortable. You can feel relaxed thereby lowering work-related stress and increasing productivity.

Working online to make money sounds easy and fun but you need to put in a lot of hard work and effort. It is not a piece of cake to earn money online. You need to be efficient, disciplined, passionate about your work and have a lot of patience to earn income on a long-term basis by working online.