5 Best Ways to Making Money Online in 2020

5 Best Ways to Making Money Online in 2020

Today I am going to share with you the best ways to Make Money Online 2020 , and I’m starting right now!

Here is my shortlist on the best ways that you can make money online in 2020 – let’s get started.

 

Dropshipping

With dropshipping, you can set up a store on a platform like eBay and list your products, and then have the items ship directly to a customer from the supplier. This is an amazing option for anyone looking for an online job because it allows you to dabble in sales, but you don’ have to pay upfront for stuff that may or may not sell.  

I love dropshipping because I never have to touch the physical product during a transaction, and of course, while earning a good income.  With Drop-shipping you are serving as the middleman, connecting the customer to the supplier.

Transcriber

Do you have some quiet time set aside during your day to spend transcribing audio files into text documents for clients? Transcription services are still in high demand because today’s technology still can’t translate what the human ear can hear.  There are many companies that pays pretty well for transcriptionist. You can also set up an account on Fiverr and set your own transcribing rates. I would encourage you to search other transcriptionist profiles on Fiverr and set your rates accordingly.

 

Start a YouTube Channel

Jennelle Eliana is an American social media star who created internet frenzy after her YouTube channel earned 1.5 million subscribers in about a month with just two videos posted.  Now she’s making up to $16K a month according to Social Blade.  

After you reach Youtube’s minimum subscribers and views requirements you can start making money by ads can be placed on the videos.  Many regular people have become millionaires by making and uploading videos on YouTube. All you need is a niche and a camera (a cell phone will work just fine for a beginner).  It could take anywhere from 6 months, it could take 6 years to reach. So make sure that you are not in it just for the money, you may get disappointed. 

 

Teach English Online

I taught with VIPKID a few years ago.  With VIDKID, teachers to teach English online to kids in China. While they do require a Bachelor’s degree,  You are not required to know any foreign language or have formal teaching experience. Teachers can earn upto $22 per hour while working on the VIPKID platform.  There’s no need for lesson planning because hey will give you what to teach. It’s easy and fun!

 

Blogging

Blogging is a great way to make extra money as your side hustle. In fact, full time bloggers are known to earn as high as a 6 figure income with a single blog.  Maintaining a successful blog is a very scientific process which requires content writing and marketing skills of the highest order. I would recommend blogging about something you have a you are passionate about, if not it will feel like just another job.

 

What side hustles are you considering for 2020?  Leave those in the comment section below. If you’re looking for ways to save, make money and enjoy life a budget, start now by subscribing and clicking the bell, in that way you don’t miss anything.  Share this post with those that you believe that will benefit from this content. Check out more video over there. And most importantly, remember that being frugal isn’t about being cheap, it’s being resourceful.  Have a great day.

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