Earning money online… yes you’ve heard it before. And yes, usually the offer or deal is too good to be true. But, you really can make money online when you use the right sites, and methods. I’ve gone through more than my fair share of websites that promise, promise, and promise even more, only to be frustrated in the end by making a few cents, or if I was lucky, a single dollar! Yes, you can find this information online yourself by Googling, as I did. Hard to find however were step-by-step guides all in one place, which is why I’ve created this post.
Based on my experiences I’ll be outlining many types of methods useful in making money online. Included will only be those that I’ve used successfully for awhile and received what they promise. Knowing this is important as you don’t want to start participating in a program and then out of nowhere they disappear, taking your earnings with them.
Please keep in mind, that time and effort is needed to earn this money, however, after a bit it will become second-nature to you and an extra $25, $75, even $100’s per month in some cases will be coming in. Whether you have just minutes a day, or hours, and enjoy participating in alternative methods to make money, or get extra cash-back for what you already buy online read on for some great ideas. Also, for the more adventurous I’ll go over the basics for creating your own blog and/or web site, including domain and web hosting for just $6.95!
How to use this guide:
Below I’ll list and describe the various sites and/or programs you can participate in. Steps will be provided explaining how to sign-up, and how to earn in the best and quickest possible way. Some links provided will gain you extra start-up points or money in the program’s account. I may also get a small referral, but the extra value remains in your beginning funds. Every few weeks or so I’ll add more sites/programs so I suggest you bookmark this page and/or subscribe (upper right of this page).
Cash Back for buying online as you normally do anyway:
Shopping online is something we’re already doing, so why not make some money at the same time? All you do is go to their site first, then click to the site you shop at, such as Target, Walmart or even Amazon and you get a percentage (varies) back in a check. It really is as easy as that.
A great site to sign up for is EBATES, since as of the date of this article you get a free $10 gift card after your first purchase of at least $25. Even without the gift card it’s one of the best sites of this type out there! This isn’t one of those too good to be true sites. They do pay. I’ve had an account with them for 4 years now and have received $100’s in rebates so far. They literally have 1,000’s of stores to choose from and include Target, Walmart, and many others. Rebates vary from 1% to 20% and higher. They often have specials when specific stores are double rebates. Around Christmas last year there was an additional $10 wh en you spent $50 or more. Keep in mind, this cash back is in addition to any other cash back you may be getting such as with certain credit cards, making you even more money. Sign up today here.
ShopAtHome is another great cashback site. They are offering $5 just for signing up! So you’ve already made money even before doing any shopping. I use them for Gevalia every few months for my coffee needs and get cash back for doing it. It’s good to compare them with the other sites I mention in this post because sometimes they offer a double promotion. Recently Target.com had 6% cash back, and this was in addition to the 5% discount and free shipping by using a Target Redcard you already get. Their site also routinely lists coupon codes in a convenient pop-up that you simply copy/paste when you want to use them. Sign up here.
Cash and Gift Cards:
Swag Bucks: I’ve been using Swag Bucks for about 2 years. Using this site’s methods you can easily earn $50 or more in gift cards per month. You earn Swag Bucks for doing searches on the Web, completing surveys, watching short videos, and shopping online. You then cash-in your Swag Bucks for gift cards from stores such as Amazon, Target, Walmart, Starbucks in amounts beginning at $5 and going up to $100 each.
For a step-by-step guide on getting started with Swag Bucks and the best methods for earning Bucks quickly in the shortest amount of time go here.
CashCrate: This site has a few unique opportunities which set it apart from Swag Bucks where you can earn cash from CashCrate AND at the same time gift cards and/or cash from the survey companies themselves. A double win! Another is that CashCrate pays you by a check, so you can use the money you earn any way you want as opposed to choosing a gift card. They give you $1 for free to start, join here or by clicking below.
Passive Income from Investing:
Peer-to-Peer-Lending: With Peer-to-Peer Lending, everyone who participates may Prosper. A popular alternative to traditional loans and investing options. With this type of investment (unsecured) the middleman is cut out to connect people who need money with those who have money to invest…so everyone prospers! As always, all investments come with an associated risk and Prosper and Lending Club are no different. This type of investment should be part of a diversified portfolio.
Here’s how it works:
- Borrowers choose a loan amount, purpose and post a loan listing.
- Investors review loan listings and invest in listings that meet their criteria.
- Once the process is complete, borrowers make fixed monthly payments and investors receive a portion of those payments directly to their account.
I’ve been investing with Prosper.com for a little over 3 years now. Currently, as of 8/2013 my Annualized Return is listed at 11.13%. This provides a nice passive income stream and exceeds the average that Prosper notes as 9.28%.
LendingClub is an alternative to Prosper. I’ve diversified my investments equally with them and Prosper. There are differences in criteria for searching for borrowers and with LendingClub they list incrementally the status of any late loans and their communications with the borrower. This gives me a bit more confidence than with Prosper in the collections process when needed.
To begin with, I suggest starting off small. Invest with $25 per loan. Diversification is key with all investments. There are tools on their site you can use to screen the available loans to those that can work with your personal risk tolerance. Prosper.com also has an automatic investing feature whereby you set up your criteria, and depending on your funds available in the account, they will invest them on your behalf as loans that meet your criteria become available.
Lend Academy is a great resource. I’ve followed them for years to stay up to date with what’s happening in the world of peer-to-peer lending. I highly recommend you follow their blog and videos. There is information related to Lending Club there, a competitor to Prosper. I use both Prosper and Lending Club to diversify.
This book goes through the basics of Peer-to-Peer lending and how you can get started in great detail. Well written and generated so that just about anyone can understand how it works, and how to benefit. It doesn’t really go into Prosper.com but the type of investment is the same.
Work From Home Options:
Working from home can make you some great cash. It takes some time however to get going and keeping the income consistent. I’m currently compiling a list to place here, but need more time, to finalize due to their “inconsistent” payments.
Here is a FREE book that may help out.