Everyone knows the saying "it takes money to make money." However, this is not always true. Though investing large sums of money does often create bountiful returns, there are other ways to earn.
Some of these ways including starting a side hustle or other endeavor that allows you to earn more. Now, you may be thinking "starting a new endeavor is going to include a start-up investment." Luckily, that is not the case!
Have you been wondering how to make money without investing a single penny? Then worry no more. Yes, there are several ways to earn a living without investing anything. Continue reading to learn how you can earn more without start-up investment costs.
Start Blogging
Many people make a decent living blogging, and so can you. You don’t know where to start? Don't worry! Begin with a simple search of “how to start a blog,” “how to write a blog,” “how to promote your blog,” and so on. Several people make more than $3,000 a month, and there shouldn’t be anything holding you back. There are extremely user-friendly sites that will even help you create your own webpage. Do a google search, choose a niche, and you will be good to go.
Become A Freelancer
Another way to make money without investing a penny is by becoming a freelancer. You can either work half time or full time. You can also choose to work for either big or small companies providing services such as transcription, web design, digital marketing, data entry, SEO, virtual assistance, writing, and so much more.
Depending on the nature of your work and how many hours you choose to invest, you will earn between $500 to $4000 per month. To get started, check out websites such as Upwork, Freelancer, ProBlogger, and apply to get started.
Be A Virtual Assistant
Usually, a virtual assistant is like a personal assistant who works remotely. You do not have to be physically present to do the work; everything can be done online. You will offer services such as marketing, coding, scheduling, proofreading, research, and so much more. Several companies hire virtual assistants, including Zirtual, HireMyMom, 123Employee, MyTasker, where you can sign up and apply for jobs.
Take Freelance Writing Jobs
As a freelance writer, you will be offering your writing services to different companies, blogs, and websites. Pay is different depending on your experience and who you are writing for. The average wage is between $5 to $40 for a 500-word article. To get started, check out sites such as iWriter, Upwork, and Freelancer to find freelance writing gigs.
Start A YouTube Channel
This is another hot venture that can make you quick money. After identifying your niche, go ahead and sign up and start uploading your content. Once you gain a following, you will be your way to earning money as a YouTuber. There is a range of topics you can choose from, such as how-to videos, pranks, cooking recipes, travel tips, fashion, makeup tutorials, and so on.
Note that after getting enough views and a certain number of subscriptions, you can then go ahead and apply for the YouTube partnership program. Once you are approved, ads will start popping up in your videos, and for each view the ad receives, you will be paid for that.
Also read: Best Investments For People Aged 50+
Bottom Line
These are some of the ways you can earn money without investing anything. First, identify what your strengths are and what your hobbies are before you make a final choice. But if you have a computer and some spare time, all of these are within your reach!
