The Best And Safest Ways To Make Money Online
Did you know you can make money online? Who would have thought sitting at home on your laptop could bring you a revenue?
In this post we will be looking at the legitimate ways you can make money online at home.
Be On The Look Out For Scams
Before we get into things, please be weary of online scams, there are loads out there and they prey on ‘newbies’ looking to make quick money.
One of the easiest ways to spot a scam is to firstly look out for the ‘shiny’ promises. What I mean by shiny promises is the people who say “look at my Rolex, look at my Lamborghini, look at my house in the Maldives this could be you”. In my opinion, anyone who who promises this kind of luxury’s straight off the bat is a scammer.
The reason for this is, nothing will allow you to buy a Lamborghini that quick otherwise everyone would be doing it. I recommend looking for ways to make money online that require hard work. Blood sweat and tears. Then you will normally find out that is it a legitimate way of making money.
Don’t get me wrong there are many people out there who make millions of pounds online, that’s very common. However, anyone promising these things straight off the bat is normally a scammer or they want a very high fee from you to learn their ‘expertise’
For further reading on spotting scams and pyramid schemes please see my pyramid scheme post.
OK, so let’s look at some ways you can make money online and the pro’s and cons that come with them.
‘Blogging & Vlogging’
The two different types of blogging are the written type and the visual type. The ‘written type’ is basically what I am doing now, writing content for your viewer to read and interact with. Whereas the visual type is when you record yourself or your voice talking about a product or service.
The best way to blog in the written format is via a website or social media platform (I personally recommend a website as the better choice). Blogging is quite straight forward if you write truthfully. In this day and age, let’s be honest, we’re lazy. A lot of us would rather watch a review or blog info than read it. The perfect platform for this is YouTube. Many people review products and service via their YouTube channel, myself included.
For example see below an extremely well-known influencer Jeffrey Starr who promotes and reviews cosmetics on his YouTube channel and gains in an income from doing so.
Jeffrey earns a pretty good living from it too as do other marketers and influencers check out Jeffree’s house!
There are also some other very well off influencers who leverage YouTube to make millions of dollars. See a list below.
- Logan Paul
How Do You Make Money On YouTube?
Basically the more subscribers / video views you have the more ‘influence’ you have on viewers in YouTube’s eyes. Therefore, over time if you’re getting enough traffic companies will pay you to advertise their goods or even put adverts on your videos. You can also obtain free items to promote in exchange for a positive review.
Pros’ – It’s really easy to set up a YouTube account and you can easily upload videos from your phone or camera.
Con’s – Although it doesn’t really matter how your video looks, it depends on views and traffic) it does help To have a good-looking video e.g good editing, good picture (some phones have a poor camera and mic) and good effects like opening screens and titles. If you’re not experienced it can be quite difficult and time-consuming.
Getting traffic can be difficult. There are millions of YouTube channels out there so how can you promote and get traffic to your channel if you haven’t got the best editing skills? Quite simply. I recommend an online affiliate marketing platform that allows you to post your YouTube channel link and ask for comments and subscriptions and you return the favour. I’ll be mentioning this platform again later on in this post.
Forex Trading / Stocks
According to Wikipedia The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
Basically in simpler terms, you invest money into stocks on the hope that they return you profit.
There are many stock market trading platforms out there for example – Trading 212
There are also many independent traders who offer a course with them for a monthly fee.
Again, this can bring in extortionate amounts of money. However, if you don’t really know what you’re doing, you can also lose a substantial amount of money. Even experienced stock traders lose, but if they’re experienced they normally can get it back on another stock.
Pro’s – you can earn a lot of money, you can pay an experienced broker a monthly fee to just tell you where to invest your money
Cons – The monthly fee is normally quite costly. Also, you do not ever really learn any tips yourself so it’s difficult to ‘go it alone’ and scrap the monthly fee. As previously mentioned you can lose a substantial amount of money in seconds. Sometimes this can have a devastating effect. Also, most of the traders are people you don’t know so you’re putting a lot of trust in a stranger working from their phone.
The most legitimate way to make money online at home in my opinion is ….
Never heard of it? Well you probably see affiliate marketing on a day to day basis without even realising.
Online describes it as: affiliate marketing is a marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate’s marketing efforts” Basically, you as a publisher will be rewarded when you help a business by promoting their products or services.
Again in simpler terms, it’s promoting other companies products or services on your website, social media platform or YouTube channel you then get a commission for every sale. I can pretty much guarantee you have brought items online from a website and when you have clicked the buy button it then redirects you to the companies site to buy. Well that’s affiliate marketing. The website you originally see the item on promotes it, gives you information etc and then they take a commission once it’s purchased. I also have a page and YouTube video explaining this further. Click here for this info.
I myself am an affiliate marketer. Visit one of my promotion websites here. I make a living promoting other companies products across websites and my YouTube channel.
The best way to make money online
In my opinion this is the best and safest way to make money online. Why I hear you ask? It’s quite simple, it’s a 100% legal and legitimate way to make money online. There is a platform that I am a member of called Wealthy Affiliate that I highly recommend. They train you on how to be an efficient marketer therefore increasing your chances of making money. But wait for it… the best bit about wealthy affiliate is their platform is free! No payment details required.
For more information on this platform view my below posts
The amazing thing about affiliate marketing is you can promote anything you like. You can finally start a business online about your passion and earn money doing it. It’s the dream! Also, you don’t need any money to get the business off the ground. The platform I recommend is called wealthy affiliate and in the first part of training it teaches gin to build the base of your website in under 30 seconds… literally.
Another great thing about affiliate marketing is you can leverage a website, social media And YouTube to promote your business there for killing 1 bird with 3 stones. This platform is aimed at all walks of life of affiliate marketers you can be a newbie or experienced it doesn’t matter. There are millions of other affiliate marketers who are members who are on hand to help you with any queries you may have along your journey. See my review of wealthy affiliate in the above list (no.1)
Pros – easy to set up, back up at the click of a button if required, state of the art programming and site support, direct access to the CEO of the platform for assistance. Full training and video tutorials. Potential to earn a lot of money and all you need is a laptop and WiFi.
Cons – it’s not an overnight success business. It takes hard work and commitment, which a lot of people can’t be bothered to do.
See my post to help guide you through those times when you ‘can’t be bothered’ and when you have a down day. Remember, if you never try you will never know and nothing worthwhile is easy. I can guarantee with the work and commitment you will succeed. With the help of wealthy affiliate and the right attitude it’s pretty much impossible to fail.
Join wealthy affiliate today for free and see for yourself!!
I hope this post has shed some light on the most legitimate way to make money online at home.
If you have any queries or comments please do leave them below