Are you looking for the best ways to earn money online without investment? If you are, you are in the right place! This article will cover everything you need to earn online as a student!
As a student, no one can go to a full-time job to make money. We have a lot of things to study! But that doesn’t mean we do not have any expenses.
As a student, making money can be challenging for most people. But, no more struggles. We have done the research and found the best ways students can make money online without any investments.
If you are a student and need to make some quick pocket money, keep reading this article.
Best Ways to Earn Money without Investments
You can earn decent pocket money by sitting at your hostel and doing simple online tasks. Some of the popular ways you can use the power of the internet to make money online are:
- Affiliate marketing
- Content writing
- Online tutoring
- Online surveys
Now, without further ado, let’s see what each option offers and how much we can earn from the methods.
Blogging is one of the community’s finest and most popular options to make money. Many students earn a decent amount of money by writing about something they know. However, to keep you motivated, some full-time bloggers also buy bread and butter with their blogging income.
Most professional bloggers will make around $30,000 – $60,000 a month. However, let’s see how to make some money with a standard blog.
Blogging is a method where you can create a website, publish content people search for, get traffic, and monetize those traffic.
There are so many platforms available where you can start a blog. Some of the free options are:
And so on.
To become a successful blogger, you must write content engagingly, optimize your blog posts for search engines, and generate leads from your website’s traffic.
On top of that, when you write content, ensure there are no spelling or grammar mistakes. A tool like Grammarly can be convenient in this situation.
Once you have created a blog and started generating top-quality content, search engines will crawl through your website and rank your content on SERP (Search Engine Result Pages).
This way, you can attract a decent amount of visitors organically.
To make money from blogging, you have 3 main methods.
- Display Advertisements
- Affiliate Marketing
- Sponsored Posts
As the name says, when you choose to display ads as your primary monetization method, you will place ads in your sidebar, between content, or anywhere you want. You will make money when your visitors click on those or ads or see them.
Google AdSense and Media.net are two of the famous display ad networks in the market.
On the other hand, affiliate marketing is considered one of the best ways to make money from a blog. You will partner with any brands and promote their product in this method. You will be compensated with a commission when someone purchases the product through your unique affiliate link.
The commission can be a flat rate or a specific percentage. A famous web hosting company WP Engine pays $200 for each affiliate referral! So if you have targeted traffic, this is an excellent way to monetize your WordPress website.
Finally, sponsored posts are another way to make money with a little effort. Once your blog starts getting attention, brands will contact you to promote their products.
Based on your audience reach and reach, you can charge them. Usually, if you have a decent amount of targeted traffic, you can get between $300 – $500 per sponsored review.
As you can see above, you can earn a decent income online by creating a blog. There won’t be an overnight success. You must invest your time and efforts to have a long-term business that generates passive income.
YouTube doesn’t need any introduction. Any individual with a Google account can create a YouTube channel. It is free, and it always will be. You can get monetization enabled by creating a YouTube channel and publishing great content.
They only enable monetization on channels if they have
- 4000 watch hours in the past 12 months
- 1000 subscribers in total
You can complete these criteria within a few months if you are an excellent marketing genius. Once monetization is enabled, you can get paid according to the visitor’s country and the CPM rates.
Some of the hot topics that offer high CPM rates are
And so on.
You can go to the Google AdSense account associated with your YouTube channel to track how much you made. They have a minimum payment threshold of $100, so when you reach that mark, the payment will be credited to your linked bank account.
You can get started with YouTube with no money or a little money. Investing in quality thumbnail and video editing software would always come in handy.
Popular creators like MrBeast and Dude Perfect make millions from YouTube ads. So, why don’t you give it a try? You can also check out our Key2Blogging YouTube Channel Here.
Affiliate marketing is one of the best ways to make money online. When a brand needs people to promote their products or services, it will launch an affiliate program. For example, you can put any brand name in the Google search and add + affiliate to see their affiliate program.
Here’s an example:
Alternatively, you can also go to the footer section of the brand’s official website and look for a become an affiliate page.
You can join affiliate programs with just your email address. When it comes to promotion, you can use your blog or YouTube channel.
Most affiliate programs will offer a commission of 20% minimum. Some of them will also provide a flat rate instead of a commission.
So when you promote your unique affiliate links and someone purchases a product or service through it, you will be rewarded with a commission. It is a simple concept.
Some of the popular affiliate programs in the market are:
- WP Engine
- Wise (formerly known as TransferWise)
You can join these affiliate programs for free. And if you have an audience, you can start promoting the links and making some conversions.
Most of these affiliate programs will pay their affiliate partners through PayPal. So, it is crucial to have a PayPal account.
If your written English is good and you know a specific topic, you can start as a content writer. So many individuals and businesses are looking for talented writers to join their teams. So if you are good at any niche and have enough time to craft content, do not wait.
Before moving further, you need to have a portfolio. Creating a personal website with all the content, you have published so far would be a great idea. So when someone asks for your past works, you can quickly point to the portfolio website.
Getting your first client can be a challenging task. You can find clients by yourself or use marketplaces like Fiverr. The first thing you need to do is, fix a niche you want to work on.
You can work on any niche like:
And so on.
For example, if you are interested in the health niche and looking for a possible partnership, search health + write for us in the Google search.
That will bring all the websites accepting new content to the health niche. Similarly, modify the search to news + write for us if you are interested in news content.
You can contact the websites when you need to build a portfolio. You can ask for a paid position when you have published many articles.
Content writing is one of the top ways to make money online. You can get paid per post or word basis. On the other hand, if you join a company as a full-time employee, you will make a decent amount every month.
As your experience and capabilities grow, you can get paid better.
Do you have a set of skills?
If you have, you can earn money through freelancing.
There are too many ways a freelancer can make money online. This section will explain how to make money as a freelancer. The very first thing you need to do is find the right opportunities. Feel free to check some of the popular freelancing platforms:
On their homepage, you could see a search widget.
You can search for a skill there, and Fiverr will display everyone who offers the service.
There are hundreds of thousands of people offering millions of services. You could be one of them. Creating an account on platforms like Fiverr and Upwork is free. Once you have created an account, you can start posting gigs.
When someone is interested in your work, they will contact you. You can get the job done and paid for the effort from there. You will be the one choosing the amount. So, select an amount that’s comfortable for you and the client.
Apart from logo design, Fiverr also offers services like writing, animation, gaming, music, translation, programming, business, tech, etc.
So if you have multiple skills, you can monetize them and earn money online without investment.
Are you good at any subject?
Forget the local tutoring. If you can teach a skill or subject to your students, you can have a look at online tutoring websites. There are many online tutoring websites available like:
And so on. You can create a free tutor account there and start making money. Some of the popular subjects you can teach are:
On the other hand, if you are interested in teaching more technical stuff, you can share your knowledge of
- Web Development
- WordPress Development
and so on.
Setting up an Udemy instructor account is another way to make money as an online tutor.
If you want to make some pocket money quickly, online surveys are the best option. Swagbucks is one of the best and most popular online survey websites available in the market. Registering is free, and you can start earning money as soon as possible.
You will be completing captchas and surveys to earn money. According to your age range and location, the company will give you surveys whenever one is available. Another alternative to Swagbucks is ySense.
Usually, they credit your balance via PayPal/Payoneer or as gift cards. You will have the complete freedom to choose the redemption method. On top of that, you can also invite your friends to earn more referral income.
You can’t make money for your bills through online survey networks. But if you need a little money, this is a good option.
Earning money online is not a myth. You can earn a decent income online with enough skills and time. As you can see above, there are several ways students can use to make money online. In this article, we have covered methods like:
- Affiliate Marketing
- Content Writing
- Online Tutoring
- Online Surveys
You can pick a method according to your preference and start earning online. If you have enough time and know about SEO, setting up and monetizing a blog through display ads and affiliate links would be the best option.
On the other hand, if you are good at multiple areas, you should start freelancing. Content writing and online tutoring are easy ways to make money online by spreading your experience. You can make a decent income with good grammar and communication skills.
Finally, when you need pocket money, you should use survey websites. They will give you the payment through PayPal or as a gift card.
We hope you have found this post helpful and earned how to make money online without investment.
Check out our blog archive to learn more about WordPress, blogging, and monetization.