Active income requires your time and you can only produce as much money as your time allows. For example, a doctor or a lawyer who charge high per-hour or per-consultation fees and make exorbitant amounts of cash are stifled by the amount of time they have in a day. We all have the same 24 hours. Not one person on this earth gets more time than the next. It’s the greatest equalizer in life. When the time you work directly correlates to your income, it’s called active income.
“I participated in an in-home product trial study. A coffee machine company sent me one of the coffee makers along with about 200 coffee pods. I received $7 for completing 3 short surveys. Plus, after the study, the company said I could keep the coffee maker. So, I got like 4 mos of coffee for everyone in my household, a free coffee maker and $7!” - David W.
If you are not comfortable in penning down your thoughts through blogs and content writing, make use of your camera to create a video presentation. Create your YouTube channel, upload videos and start monetising them. Choose a category or subject that you want to make videos on and get started, but make sure it's a topic that will interest a lot of people. Everything from cooking shows to political debates can find many takers on YouTube. You have to create a YouTube channel, which works on a similar model as a blog. As you make your channel popular and the number of subscribers grows, so will your earning potential. The payment one gets is based on every thousand views.
But there's now a fourth category. The other day, a tweet appeared unsolicited on my feed—a promoted tweet—from SurveyCompare, a survey aggregating site that puts you in touch with anyone who'll have you and claims you'll make decent money out of doing these online polls. I like money, and I had an entire day with no plans, so I thought I'd spend eight hours trying to make enough cash to buy a pint.
As long as there is still the written word, there will always be editors. Freelance editing and proofreading not only pays a decent hourly wage, it also gives you the chance to read about potentially interesting topics too. What's more, pursuing freelance writing & editing as a business idea can afford you a lifestyle that lets you travel the world as a digital nomad. You can find lots of job postings from companies and individuals in need of writing, proofreading, and editing services on Upwork, which makes this a high-demand opportunity to make money online.
Get fine-print savvy. Some websites will say you won an Xbox360 or a new laptop, for example, but if you look carefully, you’ll usually find an asterisk near the "you won" part. Be especially wary of weasel words, like "you may have already won," or "new laptop is based on a purchase of gummy bears worth $5,000 or more." Don't fall into these sorts of traps; they're ridiculously difficult and not worth it.
As far as knitting, she went through a tiny top hat phase where she was cranking out one a night. It took about 4 hrs to make one and they sold for $50. That was still below minimum wage once you add in materials for decorations, but her best money maker. She couldn't keep up, and it became not fun. She says a shawl might take a week, but it is less effort, less counting stitches, and she can watch Outlamder on TV while doing it instead of eating Cheetos. Having a shawl sit in the store for a couple of months is no big deal, they usually sell in bunches. It seems like wooHoo! We made a grand, but in reality she put more than a grand in labor.
Of course, it’s not always easy to increase your income. Your employer might hate giving raises, for example, or maybe overtime at work has become scarce. If that’s the case, you might need to pick up a part-time job, start a side hustle from home, or look for unorthodox ways to earn money in your spare time. Check out our post on how to become an Uber driver, this is a great side hustle because you can make your own schedule and pick up extra cash when its convenient for you.
Very true great article wanted to ask you if I could reach out to you through email about a great way to save money and make money off bills you already pay I am trying to network and help people out and reach out to people who are like minded so I don’t waste any time for anyone look forward to hearing from you. You can reach me at Fsheehy10@gmail.com and we can speak further thanks again.
Edit II: Holy fuck, I get it. A second job would pay better. This is for people who want extra money without having to get a second job, are confined to their house for whatever reason, have unusual hours free, or for people (like me) that prefer making a bit extra sitting around in their underwear eating cereal not having to deal with other people.
Illegitimate companies and scammers have a simple objective. They're after your information in order to get your money. It's much more common for internet scammers to target hundreds of people for small sums rather than a single person for thousands. This is because demanding large sums for a product that is somewhat unclear is an obvious red flag to most.
There are many ways to get people onto your list. Lead magnets are one such resource. For example, you can build ebooks, checklists and cheat sheets. But you can also do content upgrades, such as PDF versions of an article with added resources in them, four-part video training series, and more. Think about your audience and what you can offer them to better serve them, then treat them with some respect and you'll eventually reap the rewards.
If you want to help shape products in their early stages, joining an online focus group or answering survey questions is a great way to make extra money online. They don’t pay as much as some of the other options we’ve highlighted, but you can join groups on sites like Survey Junkie, Swagbucks, and IPSOS that pay out through Amazon gift cards, check, or PayPal. You’ll be asked to provide a bit of information about your demographics (age, location, etc…), but after that you can get going making money through surveys.
With active income, you’re actively working to produce those wages. So if you work for someone else and you’re earning a per-hourly fee or you have clients and you’re working for yourself, you’re still engaged in active-income employment. However, if something were to happen to your ability to work, for example, you would be unable to produce an income. This could be anything from an injury to an illness or disease, and everything in between, when you can’t work, you can’t earn.