Spoiler alert: I make money online a lot of ways. Blogging isn’t currently one of them. That’s right. I’m writing a post about how to make money online, and I’m not encouraging you to start your own blog (though I’ll gladly add yours to my reading list if you do!). Instead, I wanted to shed some light on how virtually anyone can make money online.
Ebates – $100-$200/year
No one is going to get rich using Ebates, but it is a simple tool get a small kickback from most online shopping. Now that I finally installed the Google browser extension, I don’t even have to remember to use it. Fancy pants technology does it for me.
Credit Card Rewards – $500/year
In the spirit of full disclosure, some of this comes from brick and mortar shopping, too. This also doesn’t include points or miles that I earn churning credit cards. Nope, this is plain old swipey swipey to buy things that we need and want. If you pay the slightest bit of attention to bonus categories throughout the year, you can earn anywhere between 1-5% cashback on your purchases. If you couple that kickback with Ebates, you’re doing pretty well for a few clicks of your mouse.
Poshmark and More – $1000+/year
Of all the ways that I make money online, this one takes the most effort. Don’t fret. It’s pretty minimal, especially once you get going. I’ve written about how I make money on Poshmark and how to get over a selling slump before, so I’m not going to repeat myself here. In fact, I’ll come clean and admit that I’ve gotten a little lax—blame the baby!—with Poshmark this past month. Instead, I’ve focused more on selling textbooks for our grad classes on Half.com. The moral of this story is that even if you’re not a clotheshorse like I
am was, you can still use different sites like Half.com, eBay, and more to discard your duds and any other castoffs.
Vanguard – $7000+/year
From last August through this August, my Roth IRA with Vanguard is well over $7,000 in investment returns. Now, before I become that blogger who tells you I did nothing to earn this money, let’s get a few facts straight. I am a chickenshit investor. Truly.
It took me what amounts to forever in blogger years to move my money from a cobweb-laden CD to an actual investment account. I was terrified that I was going to lose money. In fact, if we’re being totally honest, I was fairly convinced that I was going to somehow end up owing the market money. Yup. Not only was I a nervous nelly, I was also more than slightly misinformed.
If investing is new to you or seems a lot like taking a spin on the ol’ Roulette wheel (put it on red!), earning money with Vanguard—or any other investment group, app, or doohickey—will require something of you. It requires you to ask questions, inform yourself, and take a leap. After that, we can white knuckle our way to riches together while time, the stock market, and our fine friends at Vanguard who management my Target Retirement Fund do the heavy lifting.
So Tell Me…How do you make money online?