In this post-pandemic world, earning a passive income has become more and more important.
More than ever, the pandemic has shown us that not only is it possible to make money online, it can also be very rewarding.
If you are looking to supplement your income, we would like to share 5 ways to make one dollar online every day.
1 - Investing.
Investing can be a bit tricky given its hard to know which stocks to put your hard earned money into, so therefore a sizeable amount of risk exists.
However, there are lots of tools available today to make investing easy for the startup investor.
For example, services like Plynk, Robinhood, and Ellevest provide articles and professional tips in-app and all these additional resources impart the necessary information to make confident investing decisions.
2 - Open an online store or provide a service.
The second thing you can do to make a dollar online every day is to open an online store.
Many entrepreneurs have taken advantage of sites like Etsy and Fiverr to promote their products and services.
The cool thing about Etsy is that the income you receive can be both passive and consistent. For example, if you are selling printable artwork, you are able to earn money on each download with limited upfront effort.
Providing services on sites like Fiverr requires more work on the back end but it can be equally as rewarding.
3 - Create a class.
If your an expert in your field, why not create a class and teach what you know?
Like opening an online store, all you need do is create a product for buyers to stream or download and then earn cash every time someone purchases your course.
All you require is a camera and the ability to market and sell the information you have to offer.
4 - Monetise your social media platforms.
If you are a regular social media user with a sizeable enough following, there is absolutely no reason not to monetise your social media platforms.
One way to do this is through brand deals and collaborations.
Simply provide your followers with your personalised discount, promote the required products included in your collaboration, and every time someone makes a purchase using your code you earn a commission!
5 - Become an Amazon seller.
With Amazon, earning one dollar every day is easy. Simply select the product you wish to sell, order your supplies and set up your Amazon store front!
Whenever your product sells online you get your portion of the proceeds without having to source any products, easy.
With these five tried and proven methods, you will be making money online in no time at all.