Make Money at Home
In the olden days, the only way to make money at home was to build a forge or tavern on your property, or to offer washing services and the like to locals.
Fortunately, it’s not the Middle Ages any more. In fact, in today’s Digital Age, there are plenty of ways to make money at home. Whether you’re looking for ways to supplement your salary part-time or you’re simply looking to get away from the office jobs you’ve been working, there are plenty of options in this article to help you get started.
Some opportunities will only aid in making a few extra bucks a year, while others will successfully supplement your income or replace it entirely. The earnings you collect will depend on your dedication, availability, and skills. Let’s get started, shall we?
Favorite Make Money at Home Jobs
Our best suggestions for this section are a combination of jobs that will supplement your current salary, jobs that can become a lucrative part-time gig, and jobs that can (most definitely) be developed into full-time careers.
Depending on how many of these ideas you combine, you could make $15,002.10-$200,882.10/year.
1. Take Surveys
Making money off online surveys involves more than just trying to figure out if you’re a Hufflepuff or Slytherin, or whether your soul is purple or red. While those are fun distractions, if you truly enjoy wasting time on surveys, you can try your hand at paid survey gigs.
These survey gigs are usually hosted by companies conducting marketing research. When you take surveys posted on any of the resources we’ve listed below, you’ll be diving into the world of paid survey gigs! If you sign-up for all 3 of the listed resources, your potential earnings reach $3,482,10/year – which isn’t bad for some extra cash.
Survey Junkie is one of the best platforms for taking online surveys. Signing up is easy – simply use your Facebook, Google, or email account.
Next, you’ll have the chance to fill out some data. This is so Survey Junkie can match your profile with the demographics required by the surveys. Luckily, there are plenty of companies and brands using Survey Junkie, so you’re sure to get plenty of opportunities!
The average survey taker will make $3/hour on Survey Junkie. Even if you can only waste an hour a day on surveys, that’s still $1,095/year of (basically) free money.
Swagbucks is also very popular as a survey platform. Like Survey Junkie, you can sign-up using email, Facebook, or your Google account – and they’ll give you a $5 registration bonus!
Most Swagbucks surveys take about 3-20 minutes. Pay varies from survey to survey, mostly depending on how long they take. Still, you can expect to make $744.60/year doing surveys for only an hour a day.
As a bonus, Swagbucks offers a few other ways to make money on their platform – giving you the chance to stack that $744.60 even higher.
PrizeRebel has been around since 2007 and remains one of the top paid market research survey platforms in the world.
Once you’ve signed in (using Facebook, Google, or email), you’ll be taken to the dashboard. On the dashboard, you can choose between Daily Surveys, Your Surveys, PeanutLabs, and SaySoRewards surveys. There are also a host of other options for making money with PrizeRebel, including Offerwalls, their referral program, and some other simple tasks.
Just taking surveys, you can make $4.50/hour – that’s $1,642.50/year at just one hour a day! Imagine how much you can make if you stack all PrizeRebel opportunities on top of each other!
2. Start a Blog
More than 5 million new websites were launched in 2018 – many of which were blogs.
If you start a blog, it can take time to build a lucrative full-time income. In their first year, most new blogs only make around $1,280. However, considering there are plenty of ways to monetize your blog, by your third year you could be making $104,665-$170,000/year – if not more.
The first step to starting a blog is finding a suitable web host.
BlueHost is the web host that many successful bloggers use. The hosting company has a great $2.95/month special, which will give you server management by BlueHost, as well as a free domain name and SSL encryption security. Once your domain name has propagated (usually takes about 24 hours), you can install WordPress with just the click of a button!
As your blog grows, you’ll need more server space. Luckily, it’s super easy to upgrade your hosting package with BlueHost.
One of the easiest ways to make money with your blog is through affiliate marketing. When your readers follow a link from your blog and make a purchase, your affiliate partner pays you a percentage of their profit.
GiddyUp is a great marketing company based in the US. Using their platform, you’ll be able to find affiliate partners with ease – and the more partners you have, the higher your earning potential reaches! For the most part, the average blogger can make $80,655-$119,720/year through affiliate marketing.
Another fantastic way to make money as a blogger is to do guest posts for other blogs. While you’ll need to have an established blog to really make money doing guest blogging, you can make as much as $4,000/month!
You’ll need a great tool to help you reach that potential, though.
SmartBlogger offers exactly what you need: the Guest Blogging Certification Program. For $499 (once-off), you get lifetime access to the program. You’ll also receive a certificate badge upon completion, which will open a lot of doors for you – even if you aren’t fully established yet.
3. Virtual Assistant
Becoming a virtual assistant is a great way to make money at home. Even if you don’t have any prior experience as an in-office assistant, it’s a good market to break into. Better yet, you’ll never have to worry about sitting in traffic only to spend your day in an office. This is because virtual assistants interact with their clients via email, text, and occasionally over the phone.
Your income is going to depend on the number of clients you take on, as well as your hours. Full-time, you can make $39,600-$54,600/year; part-time, you’re looking at between $6,240 and $23,400/year.
Horkey Handbook Course
Even if you have prior experience working as an in-office assistant – and especially if you don’t – it’s always a good idea to review the required skills before jumping in face-first.
The Horkey Handbook offers the 30 Days or Less to Virtual Assistant Success course to help you do exactly that. For just $397 (once-off), you’ll have a month to complete the course and learn everything you need to know. And, if you’re able to study at a faster rate, the course is doable in 2-3 weeks.
Red Butler is one of the best ways to make money as a virtual assistant, as they provide a platform specifically designed for freelance virtual assistants to connect with clients.
You’ll get to set your own pricing and have Red Butler set-up a monthly technical support subscription based on your hours per month. They also have a certification program to help supplement the Horkey Handbook course.
Working part-time at 10-30 hours a week, you can expect to earn $6,240-$23,400/year. Full-time, that shoots up to $39,600/year.
Upwork is the world’s largest freelancing platform, with a wide variety of jobs and clients available.
It’s free to sign-up to Upwork, but they do charge a sliding commission fee on your earnings. All you need to do is fill out your profile, complete a few of the skills tests, and start applying to job postings!
Your earning potential depends on a lot of variables, including your skill level and the client’s budget. However, even working 10-30 hours a week, you can still make $18,720-$54,600/year as a virtual assistant on Upwork.
4. Become a Fiction Author on Amazon
Everyone has a story to tell, and if you’re able to write it, you can become a fiction author on Amazon and make an extra $1,000/year!
It’s a lot of hard work, and you aren’t guaranteed to be making $1,000/year from the get-go. Often, even established authors with a following can struggle to make that much from time to time. It really helps if you’re able to publish more than one book – especially if you can write a series.
Amazon Book Publisher
The best part of becoming a fiction author on Amazon is that you won’t have to worry about the bane of every author’s existence – rejection letters. That’s why a lot of authors, including the well-established ones, have started choosing the self-publishing route.
And, with Amazon book publisher, self-publishing is easy. It only takes a few minutes to sign-up, and using Kindle Publishing, you can (almost) immediately start selling ebooks. Amazon only charges 30% commission if you’re selling it for $2.99-$9.99 each, which means you’ll make 70% royalty.
The Dragon Writers
It does help to have a few resources where you can interact with fellow authors, especially if you’re looking for actionable tips and advice before publishing your Amazon book.
The Dragon Writers is a Facebook group created by writers in order to help other writers. There are a lot of established authors in this group, including Melissa Delport, Christine Bernard, and William L. Hahn. These are authors who have gone through it all already, and are happy to help new writers figure things out. All you need to do is join the group and ask nicely.
If you’re looking to become a fiction author on Amazon, there are a variety of other resources to check out, including the platform Writing Forums.
As the name suggests, it’s an online forum for writers. You can create posts asking for advice, or browse through the existing posts, articles, and resources to find where other authors (as well as editors and publishers) have weighed in with some great advice.
Almost all the members on Writing Forums use pseudonyms, so it’s sometimes difficult to tell who you’re talking with. But the community is properly moderated, and members giving bad advice are corrected and removed.
5. Cashback and Receipt Scanning
Cashback portals and receipt scanner apps work in very similar ways – and both are used to help you earn and save money. They also both use affiliate partnerships with retailers (online and brick-and-mortar) to reimburse you a percentage of your spending expenses. While cashback portals use affiliate links to do so, receipt scanners require you to take a photo of your itemized receipt.
Lucky for you, you can use both at the same time to maximize your “earnings” – which can reach as much as $3,000 a year!
Ebates is the best cashback portal available. They offer a wide range of savings, as well as specials featuring double or triple cashback offers. As an extra bonus, Ebates will also give you $10 as a sign-up reward when you first join. All you need to do is spend $25 through the app to claim it. You can also make an extra $75 by successfully referring 3 friends to Ebates!
All told, if you do a lot of online shopping, you can earn savings of around $1,000/year – and the more successful referrals you make, the more extra cash you’ll make too.
Ibotta is one of the best (if not the best) receipt scanner apps. That being said, it can take a little work on your end to make the most of it, as Ibotta requires very specific items on your receipt in order to be eligible for a cashback.
Luckily, Ibotta also has such a wide variety of items they reimburse you on that you’re sure to make a few bucks with almost every receipt. When you join Ibotta, you’ll earn a $10 sign-up reward. You can make $500-$2,000/year – plus referral earnings ($100 for 3 successful referrals).
Make Money at Home Writing
If you have a knack for the written word, and especially if you have an eye for grammar, syntax, and spelling, you can make money at home via writing.
There are a host of ways to do so: as a freelance writer, resume writer, or doing freelance proofreading. If you focus on just one of these opportunities, you could earn $6,000-$71,760/year. Alternatively, you can stack a couple on top of each other and make around $74,200-$169,418/year.
6. Freelance Writer
It can be very lucrative work if you decide to make money at home as a freelance writer. For the most part, you’ll have the freedom to set your own schedule and rates.
You don’t need to have any formal training to become a freelance writer. However, it’s always a good idea to have a few resources – maybe do an occasional online course or workshop to make sure you’re still on top of things. As a freelance writer, you can make $60,000/year – or with a little dedication, even more.
Earn More Writing
Earn More Writing is one of the best resources you can keep bookmarked in your browser as a freelance writer. Not only does the blog have plenty of helpful “how-to” articles and posts with great advice, but they also offer a twice-daily webinar.
The webinar is free to sign-up for and will give you actionable advice on how to get started as a freelance writer. Using the tips in the webinar, and especially the resources from their paid course, Earn More Writing can help you build a very lucrative career.
ProBlogger is by far one of the best sites for you to bookmark and subscribe to if you’re looking to make money as a freelance writer. Absolute beginners and seasoned writers alike will benefit from their newsletter, extensive posts, and tutorials.
The website also features a jobs board, where you can apply to writing jobs that are sure to pay well. ProBlogger also has some great online courses to supplement the Earn More Writing course. As you progress as a freelance writer, you’ll find that such resources are the building blocks of your success.
The unfortunate truth of ProBlogger’s jobs board is that you’ll be competing with thousands of other subscribers to get one of the few opportunities listed there. Thankfully, Upwork comes to the rescue once again.
By marketing yourself properly on the platform, expanding your portfolio and earning positive reviews from your clients, you’ll get to set a steadily higher rate and receive job offers. Over time, you should be able to make around $60,000/year as a full-time freelance writer on Upwork.
7. Resume Writer
Almost everybody is looking for work. If they’re not, they’re still looking to keep their resume up-to-date with the latest updates and requirements (just in case). This creates a surprisingly lucrative gap in the market for freelance writers looking to improve or create resumes as a career.
All it takes is a little training (to make sure you’re caught up with the latest resume requirements and trends). Just working on a part-time basis, you can earn as much as $6,000-$37,658/year as a freelance resume writer. And, with a lot of hard work and dedication, you can even turn that into $320,000/year full-time!
First things first – before you can expect to make $320,000/year full-time, or even only $30,000/year part-time, you’re going to want some training (or at least some refreshing).
Luckily, that doesn’t mean you need an expensive college degree to get there. Skillshare has a wide range of free and premium related online courses and workshops to choose from! Skillshare Premium only costs $99/year, but the free account also gives you access to many of these courses. If you sign-up now, you can enjoy 2 months of premium content for free.
Fiverr is the platform where – according to their PR representatives – one freelance resume writer built up a career that generates $320,000/year. It can take years of part-time groundwork to get there yourself, but it’s definitely a doable goal.
Fiverr is absolutely free to sign-up for. Immediately afterwards, you’ll be able to start posting your gigs on the platform. You’ll also be able to offer three-tiered pricing plans, with separate prices between $5 and $995 each, all as a one-gig post.
Bearing in mind Fiverr’s commission, you can expect to make $6,000-$30,000/year part-time, just starting off.
Another option is to register on Writing Creek as a resume writer.
The application process is very simple. It involves completing a skills survey and qualification test, submitting a sample essay, and getting your ID verified. From start to finish, it takes a maximum of 3 days (including their review of your submissions) before you can start making money.
You’ll be earning between $4-$12 per page on the platform, with your income rising in accordance to your level. Depending on how much time you spend on the platform, you can average earnings of $37,658/year.
8. Freelance Proofreading
Freelance proofreading is a great opportunity all on its own, but especially if you do it part-time to supplement your income as a freelance writer. The basic skills are almost the same, requiring expert knowledge of grammar, syntax, and spelling.
Proofreading – and its closely related career path, copy editing – aren’t always as lucrative as freelance writing. However, working part-time, you can still expect to make $8,200-$71,760/year depending on how fast you can work and where you find your jobs.
Proofreading is a fairly technical wordsmith job, so even if you’re a successful writer, it helps to make sure you know the nitty-gritty of proofreading. The same skills can be translated into copy editing. The only difference between the two is that while proofreaders merely highlight and identify errors, copy editors also correct them.
Proofread Anywhere is one of the best sites to get training and other resources as a hopeful freelance proofreader/editor. While their credited courses are $597 each, they also have a free introductory workshop that acts as a crash course to help get you started.
Domainite is one of the biggest content providers in the US, and they rely on a big team of freelance writers and copy editors alike. As one of their copy editors, you’d be applying the same skills as a proofreader, while using Track Changes (in Microsoft Word or your preferred word processor) to highlight the errors you’ve corrected.
With an average of 12,000 words a day, you can make $8,200/year. If you work faster and complete an average of 30,000 words daily, you can make as much as $27,300/year. Doesn’t sound too shabby, does it?
ProofreadingServices is another platform constantly looking to hire new proofreaders and editors. You’ll be allowed to set your own schedule, all while earning very competitive pay.
Generally determined first and foremost by your skill level, background (medical and legal proofreaders earn the most), and most especially your turnaround time, your earning potential working through ProofreadingServices is between $19-$46/hour. At 30 hours a week, that’s between $29,640-$71,760/year.
Bear in mind that the most urgent papers typically pay significantly more – the faster your turnaround speed, the more likely you are to be offered urgent jobs.
Make Money at Home Teaching
Not everyone is able to handle the high-demand, high-stress work of being a full-time in-house teacher or professor. Still, most of us possess the basic skills and knowledge necessary for teaching, even if we don’t realize it.
Whether you’ve got any previous experience as a teacher or not, there are a variety of ways for you to make money at home as an online teacher or tutor. Some of these opportunities are more demanding than others, and some of them are more lucrative than others. Depending on how many of the following ideas you’re able to combine, as a general rule, you can expect to make $321,924-$547,210/year.
9. Create and Sell How-To Courses
A great way to make money at home is to create and sell how-to courses. All you need is some expertise on your chosen topic and the right tools to make it work. If you’re also running your own blog, you can conceivably boost that income by creating how-to courses to sell on your blog as well!
Naturally, the expertise you’ll be needing isn’t only on your course materials. You’ll also need to know how to create your course and how to sell it effectively. Luckily, the next section has got you covered.
How to Create Your How-To Course
While there’s always going to be a measure of trial and error when creating your how-to course (whether it’s your first or your fiftieth), learning the nitty-gritty before you begin makes it so much easier. The next two resources listed below also make the process incredibly streamlined, but it’s always best to start off with some great info.
You’ll be better equipped to start making $300,000-$480,000/year with your courses once you’ve read through ByRegina’s post on how to create an online course that sells – and maybe checking out their free workshop!
Teachable is easily one of the best platforms you’ll ever come across for setting up, packaging, and promoting the how-to course you plan on creating. Simply sign-up for their Basic Package ($39/month plus 5% transaction fees) to get started. You’ll be able to set-up your course and upload your course material(s) with just a few clicks.
If you’re creating a lot of courses and find the Basic Package no longer works for you, Teachable also has a Professional Package ($99/month) and a Business Plan ($499/month), neither of which charge a percentage of your transaction fees.
Although creating and hosting how-to courses on Udemy is free, the platform does use an instructor revenue share module to generate income for themselves. This is just a super fancy way of saying they charge you a commission fee based on your sales. The system is also a tad complicated. Take a look at what Udemy has to say about that here.
10. Online Teaching Jobs or Home Tutoring
Online teaching jobs (or home tutoring) are one of the most popular options for those wanting to teach from the comfort of their own homes. You can either opt to become an English tutor or try your hand at helping students doing their K-12. In the latter’s case, this can include students supplementing their regular school curricula, as well as students doing online learning as part of their home schooling.
Using the following platforms, you can make $21,924-$67,210/year with online teaching and tutoring.
VIPKID connects you with Chinese students looking to learn English as a foreign language. The platform puts you in touch with students one-on-one, and provides you with lesson plans that are in accordance with the US Common Core State Standard.
You’ll need a Bachelor’s degree or higher in order to apply, but VIPKID pays $14-$22/hour, and it doesn’t matter what field your degree is in. That means at just 6 hours a day, 261 days a year, you can make between $21,924 and $34,452/year.
K12 is a platform that helps parents to supplement their child’s regular schooling program (including home schooling, public, and private schooling). The site also offers online public and private tutoring, and individual courses.
To apply for a position with K12, you’ll need to check their job board, as only certain subjects or courses are looking for new tutors and the board changes on a somewhat regular basis. Depending on what subject you’re teaching, your earning potential is an average of $32,000-$43,000/year.
Chegg offers another great opportunity for those looking to focus solely on teaching English online.
You’ll start off tutoring students going through their K-12 schooling, but over time Chegg typically asks tutors with a good track record to also work with college students and even professionals already in the work place (typically foreigners). You’ll get to choose your own schedule and earn $20/hour.
Chegg also give tutors the occasional bonus, and estimates that with 8 hours a day, you can expect to make $42,670-$67,210/year working for them.
Make Money at Home Designing Things
Let’s be honest – there are a lot of ways to be creative and earn a decent living other than just becoming a freelance writer or proofreader/editor.
If you’re more of a visual creator and have a good head for technology, there are a few great options worth considering. As such, we’ve listed a variety of ideas and resources in the section below to help you get started.
Whether you try your hand at graphic designing, web designing, or app designing, you can expect to make $26,000-$120,000/year. And, if you decide to do web and app design, you can push that up to $227,000/year!
11. Graphic Designer
Becoming a graphic designer is one of the easier options you’ll find listed in this section. That’s not to say it’s incredibly easy, of course – but with the right resources, you can definitely make a successful career as a freelance graphic designer.
All the job entails is developing and designing visual concepts according to brief. Most of the time, companies will then use your designs in their advertising campaigns. If you prove to be a good designer, they might pay you an additional amount to come up with the layout and product labelling for their campaign too. Additionally, you might also find work creating visual aids for websites and blogs.
Graphic designers can make a pretty penny at around $25.85/hour. That translates to an average of $26,000-$41,000/year part-time, or full-time earnings of about $41,500-$120,000!
But it takes a lot of skill to get to that level. Thankfully, it doesn’t have to cost you an arm and a leg to get the training you need. Simply sign-up today for 2 free months of SkillShare Premium to access Graphic Design for Beginners Part 1 – Learn and Apply Graphic Design Principles in Projects.
99designs is a top-rated platform for freelance graphic designers to find clients. In fact, a new design is sold on 99designs every 2 seconds on average!
You’ll be working directly with clients that 99designs helps you to connect with, based on their provided briefs and your listed skills. Alternatively, you can also enter design contests that clients put up.
The average design will sell for $170 or more, but the competitions often pay much, much higher. Some of the Platinum level competitions pay as much as $2,000 for a single design.
DesignCrowd is a great alternative – or, better yet, supplement. After all, as the saying goes, you don’t want to put all of your eggs in one basket.
The platform works in a very similar manner, allowing you to sign-up with your email address and populate your profile with listed skills and a portfolio.
You won’t get paid for every design you submit, as you’ll need to enter competition projects created by clients (and no matter how good you are, you can’t realistically expect to be chosen every time you apply). But on average, DesignCrown graphics designers make as much as $10,000/month.
12. Web Design Services
If you have a more technical mind and feel like graphic designing doesn’t provide enough of a challenge, you can always offer web designing services instead.
Remember how we mentioned that more than 5 million brand new websites were launched in 2018? Add to that the uncounted websites that also relaunched new designs, and you’ve got a pretty good idea of just how much demand there is for web designers.
Even if you’re only a beginner, the good news is that you can very quickly build up to an income of $120,000/year.
SkillShare yet again comes to the rescue with a wide selection of web design courses. As a beginner, these courses are invaluable – and considering web designing trends change every second quarter (more typically every year), it’s a good idea to brush up on your skills even as an experienced veteran.
As always, many of the courses are available for free – but the best ones are only open to SkillShare Premium account holders. If you missed out on the opportunity to take advantage of their 2 free months special, then the $99/year investment is still well-worth it.
Again, if you’re a beginner, finding clients can be a tricky job all on its own. Luckily, there’s a solution.
Hubstaff Talent has been described as “Upwork for web designers.” The big difference is that instead of responding to posted jobs (which you can also do), you’ll have clients approach you. That does mean you’ll need to keep your profile updated fairly regularly and be brutally honest about your skill level and experience, as well as availability and location.
While it is free to join, Hubstaff does charge a commission on your earnings.
Chances are, if you’ve done any research into different designs and software in the past, you’ve come across Stack Overflow. Did you also know that you can find design work with Stack Overflow Jobs?
While most of the positions posted are full-time, there are also a variety of freelance projects that you can apply to. You’ll also be able to set up job alerts for when new jobs are posted, as well as filter results based on contract length and requirements, and what kind of website design you do (front-end, back-end, etc).
13. App Designer
Perhaps even more technical than web designing, but certainly just as lucrative, is app designing.
Most websites – especially service platforms and e-commerce stores – also offer mobile apps, typically for Apple iOS and Android (about 99.3% of the mobile app marketplace), but occasionally for platforms like Mobile Windows, Psion, and Symbian as well.
The average mobile app developer in the US earns an average of $65,000-$107,000/year, but the more experience and skill you have, the more you can make.
If you don’t have the resources to study for a Bachelor’s degree in computer science or some similar field, don’t worry!
Google Developers Training (for Android) offers a wide range of absolutely free workshops and courses for app developers of all skill levels, from absolute beginners, to veteran app developers looking to brush up their knowledge on the latest trends and practices.
And, for those wanting to focus on (or also provide) Apple app design services, there’s the Apple Developer resources page to help you learn everything you need.
As a platform for all sorts of design work – including mobile app design – AuthenticJobs is one of the best places to look for freelance designing jobs.
Apple, the Brooklyn Museum, NPR, and Mercedes-Benz have all hired various designers off of AuthenticJobs, so you can rest assured knowing that even though it’s absolutely free to sign-up, you’re still guaranteed to get well-paying app designing jobs. You can toggle the postings results to filter for remote work, skill level, compensation, and so much more.
Remote.co is possibly the best platform for finding a whole range of freelance work, especially if you’re looking to work remotely (as the name implies).
While there are a variety of different job types curated by the platform, Remote.co remains an ideal place to find mobile app development and design work. They also offer a host of resources to help you make the most out of any remote work field, and you can search for specific types of jobs with ease. All you need to do is sign-up for free with your email address.
Make Money at Home Investing
In recent years, the stock market has garnered a lot of attention (no surprise there). Everybody is looking to invest, and in this technological age, there are many ways to make money at home via investing.
Dividend paying stocks, robo-advisors, high-yield savings accounts, peer to peer lending, crowdfunded real estate, and investment properties – this section deals with them all. No matter your experience level, investment can be a daunting prospect. Luckily, by using these resources, you can earn decent return rates (exact figures vary depending on the avenue you choose).
14. Buy Dividend Paying Stocks
A popular investment model, buying dividend paying stocks is one of the easier ways to dip your toes into the world of stock brokerage.
Dividend paying stocks work by dividing company profits into percentages, which are sold as stocks. These are then sold to investors, typically on a quarterly or annual basis. While growth stocks are a similar and equally popular avenue of investment, dividend paying stocks are less volatile and carry less risk.
You can join the market using these resources and earn $175-$225/year.
Self-Directed Trading offers one of the lowest trading fees in the industry, with the added benefit of having no hidden costs. However, for the initiate investor, Alley Invest Managed Portfolios is the better option. While there is a minimum starting investment of $2,500, Ally Invest will help you manage your portfolio so that you can earn an extra $175-$225/year.
Dividend.com is a fairly corporate website, but includes a host of free resources. These include extensive lists detailing pre-screened high dividend paying stocks, online tools (only available to premium members), a newsletter, and a rating system for dividend stocks. You’ll also be able to view past performance of dividends to make a better selection when choosing where to invest.
The site also includes a list of online brokers they’ve vetted and are confident in recommending to their clients, complete with the Dividend.com rating score (out of 5 stars), which can help investors find better opportunities.
Robo-advisors help you make smart investments by limiting (or even removing) human interaction. This gives you less room for human error, which is often the number one reason for making bad investment choices.
As an anomaly of the modern world, robo-advisors base their input and advice on computer-based algorithmic data analysis. On average, investors can make $177.75/year using one of the following robo-advisors and a small investment.
Acorns is an extremely attractive app-based robo-advisor trading platform. You’ll get $5 as a sign-up bonus when you join, and can choose between direct deposit investment or automated investment once you’ve linked your bank card.
The Round-Up automated feature uses a “set it and forget it” model. Acorns rounds up your spending expenses to the next dollar (for example, if you spend $23.45, Acorns lets the transaction round up to $24) and invests the “change” automatically for you.
You should see around $30/year in returns with as little as $100 in round-up investment each month.
When the robo-advisor industry was first pioneered, Wealthfront was one of the two companies that were involved in its inception. Since then, Wealthfront has developed their model expansively, and now offers 100% computer-based advice with zero human interaction.
Wealthfront does require an account minimum of $500 and charges 0.25% in management fees. But with a starting investment of $2,500, you ought to see $177.75/year in returns, depending on the investment account you choose (of which there is a wide range to select from).
While the two robo-advisor platforms we’ve listed above have a variety of investment accounts to choose from, Blooom makes its mark by focusing solely on workplace retirement plans (such as the 401k, 403b, 457, and 401a).
It’s a simple and straightforward model, with no minimum and a flat management cost of $10/month. You can even get a free analysis before you start investing, by signing up for a free account and inputting relevant data on their site. Their robo-advisor will then let you know of ways to improve your fees and asset allocation.
16. Open a High-Yield Savings Account
High-yield savings accounts allow you to earn interest on the money you’re investing in your own future.
The greatest advantage to high-yield savings accounts is in the name – they’re high-yielding. That means you’ll earn a higher interest rate than what regular savings accounts offer.
Depending on how much you start off with, as well as your monthly deposits thereafter, you can save an average of $51-$109 in your first year alone by using any of the account options we’ve listed below.
CIT Bank’s Premier High-Yield Savings Account is easily the best option on the market. If you need to dip into your savings at any point, you’ll be able to do so with easy access, without your interest rates suffering too much.
All you need is a $100 deposit, with no opening fee or maintenance charges. With an opening deposit of $100 and monthly installments of $50, you’ll have earned an estimated $51 by the end of your first year. As time goes by, your savings will steadily grow accordingly, especially if you make no (or very few) withdrawals.
Aspiration Summit Accounts are very similar, but have one major advantage: you can get started with as little as $10. As an added bonus, you’ll never have to pay ATM or transaction fees.
With an account balance of $2,500 or more, you’ll enjoy an annual percentage yield of 1%. If you’re able to start off with a deposit of $2,500 and add $50 each month, by the end of your first year you’ll have earned $77. While it may not seem like much, bear in mind that it translates to $6,560 earned over 10 years.
Another lucrative option is Disover Bank, which offers a high-yield savings account free of monthly charges. While their average annual percentage yield does fluctuate, you can expect a rather impressive average of 2.10%.
Discover Bank has an interactive chart where you can estimate total account balance based on your starting and monthly deposits. Assuming an opening deposit of $2,500 and monthly installments of $50, your account balance is estimated to be $3,159 by the end of your first year. This translates to a truly impressive yield of $109.
17. Peer to Peer Lending
Peer to peer lending is a relatively old model of investment that has only recently become digitized. Based on communal money pots (which some African tribes still practice), peer to peer lending allows you to earn money by contributing to the loans other ordinary citizens apply for.
Using the 2 platforms we’ve reviewed below, you too can invest in peer to peer lending. Sticking to our example of $2,500 as an investment, you can earn $353.25/year.
The Lending Club, like other peer to peer investment platforms, uses “notes” that correspond to loans fractions. Simply register as an investor and purchase however many notes you can afford, and when borrowers request a certain amount, Lending Club facilitates the loaning process. They do so via WebBank, which is an FDIC member.
Lending Club screens all borrowers beforehand, so every investment is a safe one. However, as an extra precaution, Lending Club will also insure your notes. You can expect returns of $75-$200/year on $2,500 in notes.
Prosper works according to a very similar principle, facilitating all loans via WebBank and screening every individual applicant borrower to ensure your investment won’t go unpaid. 92% of Prosper’s employees are also registered as active investors on the platform, which serves as the best possible testimony for the company.
As an added benefit, Prosper allows you to have a direct say in which loans you agree to fund. They’ll also give you an exact projection of your return yield. For example, by investing $2,500 in 3- and 5-year notes, projected seasoned returns average $135.25-$353.25/year.
18. Invest in Crowdfunded Real Estate
In the days of The Wolf of Wall Street (or at least, the period in which the movie was set), real estate was an investment opportunity limited to the wealthy. Luckily, you can now invest in crowdfunded real estate thanks to these 3 resources, which brings the opportunity to the rest of us.
It can still be a difficult market, but crowdfunded real estate is one of the most lucrative investment opportunities available on the market. Depending on which of these platforms you choose to invest through, your returns could be as high as $620/year.
The Fundrise Starter Portfolio allows you to break into the notoriously exclusive market of commercial real estate with a starting investment as low as just $500.
Your projected running costs will be surprisingly low – a mere 1%. Under special circumstances, Fundrise occasionally waives their advisory fee of 0.15%/year, which can drop your expenses to 0.85%. This makes their Starter Portfolio one of the most cost-effective public investment opportunities.
While there’s no guarantee you’ll see any returns, at a rate of 8.7%-12.4%, your investment of $500 could yield $43.50-$62/year.
RealtyShares is admittedly more difficult to register with, both as an investment opportunity (fewer than 10% of those that they review end up on the platform) and as a potential investor. The platform only accepts a limited number of investors at a time, so you’ll need to keep an eye on their application form if you find it’s currently closed.
There’s also a minimum investment of $5,000, making RealtyShares even more exclusive. At an average of 9%-11% in returns, you can expect to make $450-$550/year investing in commercial real estate on the platform.
Peerstreet is another platform worth considering, as you invest in private real estate loans rather than directly into real estate. In a way, Peerstreet is a mix between crowdfunded real estate investments and peer to peer lending.
All you need to get started is a deposit of $1,000. Peerstreet returns typically average at 6%-9%, so if all you have to invest is that $1,000, you ought to earn $60-$90/year. While it may not seem like a very profitable option, it’s a great way to get started or supplement one of the other opportunities listed.
19. Buy Your First Investment Property
Investment property works on the premises of buying property that will generate a passive income, so you end up earning more money than you initially spent. Put simply, you purchase real estate that you then rent out to generate income.
But of course, it’s a little more complicated than that. You also need to be sure you’re earning enough in returns to cover any loan payments you had to take out, as well as taxes, utilities, maintenance, and insurance.
Still, it can be an excellent opportunity if you play your cards right.
Roofstock is the best marketplace for buying and selling investment property. You’ll have access to 40 different markets in the US, utilizing trusted technology (tested and proven with over $1 billion in successfully completed transactions), and benefit from the industry-leading Roofstock guarantee.
You can buy your first investment property with as little as 20% in down payment, while seeing your projected returns. For example, a property worth $148,000 with a current rental rate of $1,327 can be invested in for as little as $15,220, with projected returns of $57,218 over 5 years.
A strong competitor to Roofstock, HomeUnion doesn’t limit you to single-family properties, but lets you choose from an array of residential properties – from single-family units to four-family complex properties.
You’ll need to complete a 3-question survey to get started (this simply helps their system identify ideal properties), but HomeUnion will also guide you through every step of the process. HomeUnion property selling at $121,990 with an investment of $39,457 and projected rent of $1,200 gives you a net operating income of $8,544 at 10.91% gross yield.
Other Money Making Freelance Jobs
Still looking for other other ways to make money at home on a freelance basis? Not to worry – we still have another 2 home-based job opportunities (complete with resources) to help you do exactly that!
As with investment opportunities, these money making freelance jobs offer a fairly wide range of income potentials. Depending on how many of them you choose to capitalize on, you can make $84,000-$156,571/year or more.
20. Perform Small Tasks
Performing small tasks is a great way to earn some extra cash every month. On a part-time basis, you can enjoy an earning potential of around $7,320/year by stacking both of the platforms we’ve included in this subsection.
On the other hand, if you’re looking to make this a full-time career (rather than a way to supplement your other income in your free time), using either (or balancing both) listed site offers a minimum estimate of $91,000/year!
Fiverr is a very popular Israeli-based platform for all manner of freelance gigs, with opportunities for music and audio, tech, programming, writing, digital marketing, lifestyle, graphics and design, and business.
As mentioned earlier (in relation to freelance resume writing), you can charge anywhere from $5 to $995 for a gig on Fiverr. Depending on the niche you work in, as well as the number of small task gigs you sell, you can make $6,000/year part-time. Full-time should yield at least $84,000/year, though there’s always the possibility of earning a six-figure income.
TaskRabbit takes a different approach to making money with small jobs. Instead of selling gigs (like you do on Fiverr), TaskRabbit lets you view and apply for odd jobs that are posted in your area.
After getting in touch with the client and confirming the hire, you’ll have to travel to their home or office to complete the task. For the most part, you’ll be doing things like helping to assemble new furniture or helping them to pack the truck when they move.
The average “tasker” only earns $110/month, but by going full-time you can easily make that $7,000/month.
21. Social Media Manager
Social media managers are tasked with the administration of a company’s marketing and advertising on social media platforms such as Facebook, Twitter, and Instagram. This includes duties like cultivating leads and sales, content management, search engine optimization (SEO), developing brand awareness and reputation online, and deliberate planning and goal setting.
It sounds like a lot – and it is – but once you’ve got the hang of it, you can easily maintain 2-5 companies at the same time, especially as a freelancer. And with an average income of $32,432-$156,571/year, the hard work certainly pays off.
Udemy has a great course on Social Media Management. The course is absolutely free – all you’ll need is a current web browser, a gmail account, and social media accounts for Facebook, Twitter, and LinkedIn.
You’ll get lifetime access to 3 hours of on-demand video, 4 hours of on-demand audio, and 3 downloadable resources. These are specially designed to teach you a host of must-knows on being a social media manager, such as the basics of SEO and how to use social media for business and public relations campaigns. Once you complete the course, you’ll also receive a certificate.
CloudPeeps was launched in 2015 and has since cultivated a community of freelance workers across a wide range of talents – including freelance social media managers.
All you need to do is sign-up to join the marketplace community. It’s as simple as entering your basic details, including email and contact number, and agreeing to CloudPeep’s terms of service.
As a sample of their recurring monthly retainer rates, Peeps typically earn $300/month and up per client, and Pro Peeps earn $1,000/month and up per client. Depending on how many clients you take on, you can easily earn above the average!
Once again, Upwork offers another viable solution for freelance social media managers looking to find work.
The sample estimate of what you can expect to earn as a social media manager on Upwork is quite convoluted, with average project costs ranging from $200 to $10,000 a month, based on the size of the company hiring you and what they expect from you. It’s definitely worth taking a look at, as even with 1 large business asking you to manage 3 social media accounts, you could earn an average of $15,000/month (minus Upwork’s sliding commission fee).
Make Money at Home Selling Stuff
In order to make money at home selling stuff, you’re basically going to be starting a business of your own. That does mean you’ll have to make an investment in the form of your start-up capital, but it gives you a lot of freedom.
For one thing, you won’t be reporting to a boss or generating profit for them while making peanuts yourself. Instead, you’ll be your own boss and reaping all the rewards of your own endeavors!
So if you have an entrepreneurial spirit, take a look at how you can earn $64,000/year or more with the following resources.
22. Build an e-Commerce Site
The average American spends 24 hours online every week, and buying things from online retailers is a major part of that. In fact, e-commerce is the largest growing market.
Which means it can be a very profitable niche to break into. All you need is a product to sell and an e-commerce site to sell it on. You can either create and sell your own products, or act as the middle-man by selling another retailer’s products through dropshipping.
Using either format, you can earn at least $64,000/year.
Before you can get started selling, you need to actually build an e-commerce site. This is highly similar to building a blog, but with a bit of a difference.
If you plan to focus solely on e-commerce and don’t already have a blog you want to add an e-commerce store to, then Shopify is the best way to do it. Their Basic Package has it all: domain name, SSL encryption, and all the tools you need to set-up your e-commerce site in a few minutes – at just $29/month!
If you already have a blog on WordPress (perhaps with BlueHost?) and want to add an e-commerce store to that, the ball is now in your court. Instead of spending extra money with a second site using Shopify, you can simply install the WooCommerce plugin.
Designed specifically for e-commerce on WordPress, WooCommerce is the best free-to-use plugin you’ll find. There aren’t any extra expenses involved, and it works in a fairly similar way to Shopify. All you need to do is login, design your store using one of their templates, and publish it to get selling!
Dropshipping – where you sell via direct delivery, ordering products from a cheaper retailer using your customer’s address – is actually more profitable than selling your own product. While most e-commerce sites only make $28,000 in their first year, dropshipping can push that up to $64,000/year from the get go.
Still, you’re going to need some resources. First, you can complete this free dropshipping course to help revitalize your skills. Then, you’ll need to find a retailer you can trust. That’s where AliExpress comes is: the Chinese marketplace is full of retailers who are familiar with the dropshipping model.
23. Sell on Etsy
Etsy is one of the best sites for selling unique craft items, specializing in handmade, custom, and vintage clothes, notebooks, jewellery, and other miscellaneous items.
If you have a collection of vintage items, or you’re a creative person who makes crafts, you can easily sell on the platform instead of building your own e-commerce store. Your costs are going to be a lot less, and Etsy will help you set prices and include shipping costs for customers all over the world.
Depending on what you’re selling, you could easily make an extra $500/month on Etsy.
Just because Etsy is a fairly easy platform to use for selling your unique items, doesn’t mean you won’t still benefit from doing a course designed to freshen up your skills.
Udemy comes to the rescue once again with a great selection of courses, such as the ETSY 2018 Marketing and SEO Mastery Course. For just $19.99 (with a 30-day money-back guarantee), you’ll learn everything you need to know about marketing yourself on Etsy in order to make the most of the platform.
24. Sell on Ebay
Ebay is one of the two biggest online retail platforms (along with Amazon). The marketplace specializes in online bidding and auction sales, but you can also opt for the fixed price model.
All you need to do is sign-up for an account and start listing items for sale. You’ll be able to post up to 50 listings a month free of charge. If you decide to post more than 50 listings in a month, you’ll enjoy the low $0.35 fee per item for additional listings.
It’s also possible to do dropshipping on eBay; giving you the potential to earn up to $64,000/year.
Yet again, Udemy comes through with a host of online courses to help you make the most of your experience as a seller on eBay.
If you’re interested in doing dropshipping via eBay, Udemy offers a great course on How to Set Up a Walmart to eBay Dropshipping Business. It’s a lot pricier than their Etsy course above – $99.99 – but as you’ve seen, dropshipping on eBay can be a lot more lucrative.
The course goes into great detail on exactly how to set-up a successful dropshipping business on eBay, using Walmart as your supplier.
Make Money at Home: Conclusion
If you’re reading this, congratulations on making it through our ultimate list on how to make money at home! Hopefully you’ve got an idea of where to start to make money from home by using the resources listed in this article.
As you’ve seen, it’s not only possible to earn money from home, but it’s relatively easy and definitely profitable. All it takes is hard work and dedication, with the occasional investment. In 3-5 years, you could be the next million-dollar entrepreneur.
It’s worth a shot, right?