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By Sean B Samy
Ever since the onset of the covid-19 pandemic, the focus has moved to how to make money online.
More jobs are becoming remote and outsourcing various parts of the business to freelancers and outsourcing firms. Small businesses and people are not left out, people are finding more ways to make money online and it’s becoming easier and easier to make money online.
Even though it’s easier to make money online, the skills required are changing yearly as information becomes more advanced.
That said, we at Newcredit are listing out 5 of our favorite ways to make money online in 2022.
You might have some experience you were able to wade out of or have some skills that are in demand, you can record a video, write a book or host a class teaching other people how to get out of those issues or apply that skill.
In 2020 alone, Online courses ranked among the 10 biggest sources of income during the lockdown. Inshort Forbes magazine tagged 2020 the “year of digital Products”. The digital products industry is a whopping $950 industry. You can be sure that the market has only grown bigger in 2022.
Creating a course and selling it are however two different things and I would recommend some level of training to get the best out of this business. Learn more about it here
This is fast becoming one of the easiest ways to make a lot of money faster without needing to have so much expertise in product creation.
An affiliate is someone who sells a product belonging to someone else for a commission. As an affiliate, you simply make money by looking for buyers for a product that someone else created. In a way, we are all affiliates when we recommend helpful products to our friends. The difference is that we don’t get Paid. As an affiliate, however, you’ll get paid a fixed commission.
Today with the internet, it’s even better as you can be an affiliate for digital products, which are better because they don’t have to be delivered and you don’t have to worry about damage. You can learn more about affiliate marketing here
Another popular way to make money in 2020 is blogging. While there are several ways to make money with blogging, one of my favorites is through affiliate content.
Blogging is simply writing about a topic with the purpose to educate people on that topic. You can blog about literally anything. From sand to birds to money. It’s really up to you.
The advantage of blogging is that it makes you an authority in that niche while still making you money from it. Talking about killing two birds with one stone. To learn more about blogging follow Neli Patel.
In today’s world, video is king. Many people have become millionaires simply by creating Video content on Instagram and YouTube. From kids to aged people, there is no age limit.
While this system takes quite a long to start getting paid, learning how to create viral, engaging, and refreshing content will get you there faster. When it comes to YouTube, you’ll need at least 4000 watch hours and 1000 subscribers before you can apply for monetization.
Nothing good comes easy, right? But kids are killing it, why not you.?
This isn’t one for the faint-hearted. In short, I won’t recommend this for you unless you really know what you are doing.
Cryptocurrency is simply a digital version of money that is decentralized. This means it’s money that no one regulates. There are thousands of cryptocurrencies out there and each one has its own problem. In the last year, bitcoin has gone from an all-time high to an all-time low.
Many people have lost all they invested while a lot of others have gained more than they ever thought possible. So for this one, you must tread carefully and get expert training on this. And as the old saying goes “only trade with money you can afford to lose”.
Now that you have 5 of our favorite ways to make money online, which will you pick? We would love to hear from you as to why!
Side Note: Do you have a business idea you need to fund? Let NewCredit help you out.
No collateral is needed, in just 3 minutes you can get a loan of up to ₦100,000. You just need to follow 3 simple steps
1. Download the NewCredit app from the Google Play store
2. Fill in your correct details and
3. Apply for the loan amount of your choice
Once approved, your loan will be credited to your account in under 5 minutes.
Be sure to use your loan wisely.
Cheers.🥂
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