This is an extract from my book, The Poor Man’s Guide to Financial Freedom: A Realistic, 10-Step Manual to Building Liberating Wealth on a Low to Medium Income. I thought it might be relevant at the moment, with a lot of people doing it tough.
Niche websites: If you’re on top of the technical side of things, you might make money by either selling a good/service on a niche website or by using it to refer clicks to other sites as part of an affiliate program. There is a little bit of money to be made in advertising, too. You might want to check out the course run by This is Trouble[i] if it sounds like your kind of thing. And no, that is not an affiliate link. I should follow my own advice.
Sell an eBook: Here I’m more of an expert. Let me start by saying, don’t bother with this unless you’re really keen to write a book anyway, just like there’s no point trying to be a zookeeper if you hate animals. It is a huge investment of time to write even a short book, it will probably cost you more than $1,000 to get it copy edited, and much more if you choose to get it hard edited, i.e. to have a professional editor help you shape the book itself rather than just pick up all your bone-headed typos. Add another $200 – $300 for a professional cover design, or more if you also want a dead tree version.
Non-fiction books tend to sell well, especially niche how-to guides. As for fiction, erotica and romance are most popular.
Maybe that book you’ve always dreamed of writing about how to knit your own woolen underwear, or that fantasy romance about the diamond-in-the-rough werewolf and the wallflower Stegosaurus, is just what the world has been looking for. Perhaps you could give it a go if it would be a labor of love anyway. If you’ve hated writing ever since you had to do it at school, definitely find something else to do.
A lot of your success will depend on how well you can market the book via an author webpage, online advertising, social media etc., so even after it is published there will still be work to do and perhaps expenses to incur.
Sell stock photos/classroom lesson materials/background music or images/stuff like that: What it says. There is a market for these things online if you have the skills.
Phone work: You can make money from home by Read More