4 Ways Millennials Are Making Money Online – 2020 Guide
Today, many of us have been thinking of new ways to start making money from home. Even before the self-isolation period began, most of us loved the idea of staying at home, working online and having lots of free time. What is there not to like, right? But, finding the right job or understanding how all of this works is not easy. I, myself, personally, never had the time to do searching through the internet to find a side-gig, but once I found a bit of free time throughout the day, I managed to finally find the job of my dreams.
However, I may have been lucky with my search because there are millions of people doing what I did right now. If you want to make money online then you will need to provide services that are better than what most of the other people have to offer.
To help you create your own unique job business or to help you find one, I have made this guide that will prove very helpful for 2020.
Why should I start working from home?
Just the idea of not having to get up early in the morning is a good enough reason to convince why you should start making some cash at home, but if you are still unconvinced, there are several other benefits I can think of.
The biggest advantage has to be the fact that you will have plenty of free time throughout the day. You will not have to spend 8+ hours in an office and you won’t have to bother with commuting because everything you need is at home. This extra time will allow you to spend it with your partner, your children, and even your extended family. You may use some of those extra hours focusing on art, music or whatever your hobby is.
Another advantage of online working is that you may be able to score a position that will provide you with a big paycheck. Some people have reported making more than $4,000 a month which is great considering that you never have to put your pants on in the morning to get outside.
1. Start a blog
Assuming that you are the type of person that likes to be his/her own boss then you will want to create your own business and not depend on someone else. The easiest way to do this is to create a blog. The potential revenue from a well-established blog can be huge, reaching tens of thousands of dollars if you do everything right.
Keep in mind, even if you do hold the best blog on the Internet, the chances that no one sees are still high. You are competing with millions of other blogs.
The best way you can pull people into your creation is to be unique. Talk about the things no one else talks about, post whatever you want and be yourself. Finding something that is blatantly honest online is very rare and that is something that people will definitely appreciate. If you are looking for secrets on how to grow your brand and make more cash online, you should check out FinancialWolves.com.
The costs for running your own blog are very low. A web hosting service cost will cost you just a couple of dollars a year. Of course, the more customers you get, the better the web hosting service you will need.
2. Become an influencer
Every time I open Instagram, I am met with dozens, if not hundreds of female or male models that are promoting some kind of product. These online models have a following of about ten to twenty thousand people, but that is more than enough to attract businesses to advertise their products through them. It seems like becoming an influencer in 2020 is easier than most people think
Of course, it is not just about being pretty on your profile’s photos. You will need to consistent with your timing, you will need to follow trends and post relevant photos. Once you have built a small community of reliable followers, you can start asking business for sponsorship. It might not be much at first, but a couple of hundred dollars a month extra for a couple of pictures is a great deal, right?
Some influencers claim that they have made thousands of dollars in just a week or two with only a dozen sponsored posts.
3. Start a YouTube career
Creating a YouTube channel in 2020 while there are already huge YouTubers such as PewDiePie, Mr. Beast, Markiplier and many others that have more than 10 million subscribers seems like an idea in vain, but there is still a chance of becoming very relevant. People love unique and creative content. If you manage to properly portray your creativity in your YouTube videos, you might actually manage to build your own follower base.
All you will need is a computer to edit all of the videos you record and an HD camera for recording. Once you start to understand how the whole platform works, you can start investing in other pieces of equipment.
The money potential from this kind of career is almost infinite. It can be anywhere from a thousand to millions of dollars a year.
Do you have a certain set of skills that people will be able to use? Can you draw? Can you sing? Can you professionally edit videos? There are hundreds of skills that people are looking for on various platforms such as Fiverr or Upwork. Instead of getting tied to one company by getting hired, you can just get onto one of these websites and get hired for just one project. Once you are done with the project, the website will ensure that you are paid in full.
Many Upwork users claim that they have started making just a couple of dollars a month, but evolved into making thousands of dollars a week. If you are truly good with your set of skills, you will be to use that to your advantage.
Of course, all of these ways to make money we mentioned above are not the only ones. There are a lot of other options out there that you might find appealing. In other words, don’t be afraid to explore the Internet and find your passion.