15 days back, all of a sudden, I was short of cash.
make money online
make money online
I had planned my expenses for the whole month in advance.
Some taps at my house had stopped working and I had to call the plumber to fix them.
The repair required much more than I had expected.
As a result, I found myself short of cash for the last few days of the month.
In the end, I had to take out money that I had kept for some other purpose.
However, this made me think hard about the situation and the possible solutions.
I realised that other people should have faced the same problem too. All of us must have felt sudden need for money at some point in our life.
And, the best way to handle these situations is to create extra sources of income.
This prompted me to do some research to find out how to make money online from home.
( N.B-I also added some offline options later. Since there are some really good offline work from home ideas.)
Here are the points that I focused on-
- It should not take a few hours per week.
- You don't need to learn anything new to earn money from home. It must be based on the skills that you may already have.
- The income you can get must be decent. I decided to leave out any pay to click programs that pays you something like- "50 paisa for 1000 clicks".
Here's what I discovered-
- Earlier, it was difficult to find good opportunities to make money online. You had to long hours to generate enough income. But now you can work from home for a few hours and generate a few thousand rupees extra income regularly.
- You'll find many guides in the internet. But be cautious. most of them are scams. It's very difficult to find a legitimate source of information to learn How to earn money online.
Surprisingly, I also found that there are many offline ways to earn some extra income too. (Edit- 14/07/2017)
I want to share all these ways with you. So that you can choose the best work from home idea for yourself.
Also, just selecting an idea will not bring you any real money. You must work a few hours every week to create a steady source of extra income for you.
There are more than 50 methods. I have divided them into small categories so than you can easily jump straight to the category you want.
Click on the Category Button That You're Interested
Want to read all of them? Then without further ado, let's start.
50+ Ways to Make Money Online ( and offline)
Category 1: Newest Ideas to earn extra Income
1. Peer to Peer (P2P) Lending Platforms
The peer to peer ( or P2P) lending concept was popularized in the US by LendingClub and Prosper.
But what is P2P lending?
P2P (or Peer to Peer) lending is lending your money to someone in exchange for interest.
P2P lending platforms act as a medium to connect the lenders with the borrowers easily. They also claim that they perform necessary checks on the profiles of the lenders and borrowers to prevent any fraud.
Quite a few P2P lending platforms have come up in India over the past few years. Among them Faircent, LendBox and i-Lend have grown quite large user base.
You can get average 14-15 % if you lend your money via these lending platforms. That is quite a big difference over current bank interest rates.
But before that, you should read about the risks carefully. You should do some basic checks-
Essential Checks before Lending Your Money
- Always Read And Follow The Safe Lending Guidelines On These Websites.
- Check The Background Of The Borrowers On The Website Thoroughly Before Deciding.
- Create your own checklist about the perfect profile for the borrower.
- Don't lend all your money to one borrower. Divide it between 3-4 of them to minimise the risk.
2. Try Mystery Shopping
If you like shopping, then you can earn money by by working as a mystery shopper.
Here is how Wikipedia defines Mystery Shopping -
Large companies/stores use mystery shoppers to measure the satisfaction level of their customers.
As a mystery shopper, you have to pretend to be just another customer at the store and try to measure the efficiency of the store personnel.
You have to do it as per the metrics given to you by the company.
Then you have to report your findings back to the company.
You will receive payments for your assignment based on the effectiveness and details of your survey.
The best websites for registering as a mystery shopper in India are - Bare International,Shaw Hotels etc.
3. Work as a Virtual Assistant
If you have good office management skills then you can look to work online as virtual assistants.
As a virtual assistant you have to draft letters, creat excel spreadsheets, take notes from audio clips etc.
Search websites like Freelancer or Upwork for part time projects as Virtual Assistant. When applying as a virtual assistant, look for jobs in your area of expertise. This will help you to finish the project and get paid faster.
This will help you to finish the project and get paid faster.
4. Start a Paid Community on a Popular Trend
Meetup.com or Explara.com enables you to start a group meeting easily.
Here's the step by step approach you can use to earn money via these platforms-
- Step 1 : If you are active in any community, you can start a paid meeting in your city on the related topic.
- Step 2 : Promote your meetup group via Facebook, Twitter and other social media to generate interest among other enthusiasts.
- Step 3 : Offer great value in each session of your meetings. In return you can charge a fee for participating in these meetings.
5. Sell Flipkart/Amazon Best sellers to Facebook Friends
If you have a large list of Facebook friends, then you can use this easy method to make money online.
Second, segment your friends into Groups based on their interests. Give the group a name related to this interest.
If you have 30 friends who like photography. You can segment them to a group named 'Photography Lovers'.
Third, you can Create Affiliate links of Best Selling Products on Amazon/ Flipkart and sell them to your groups.
In our example, you can create affiliate links to the bestselling DSLR cameras, tripods , lenses etc. on Amazon and pitch it to this group.
Fourth, If someone gets interested and purchases the product from your link, you get a commission from Amazon.
Category 2 : Ways to make money Online
6. Show Ads on Your Blog or Website
You must have seen big billboards and hoarding beside the roads.
If you have a website / blog, you can use it as your online billboard.You can sell advertising space on it and earn passive income easily.
The most popular advertisement service in the world is Google Adsense. Other good services are Infolinks, Viglink, Chitika etc.
You have to register your blog/ website with the advertising service you choose. They will verify your Blog before approval.
Once approved, they will pay you for every click on their ads that your viewers make.
7. Show Ads on Your Youtube Channel
This one is for the video lovers.
Do like to create videos with your movie camera or smartphone?
If yes, you can then start a Youtube Channel of your own and post your amazing videos there. You can also teach in demand subjects like-
- Fitness tips.
- Exam preparation guides.
Let me show you an example-
Celebrity chef Sanjay Thumma got famous for his cooking lessons on Vahrevah.com. He uses Youtube to teach cooking lessons to his thousands of followers.
Before launching your own videos on YouTube-
Make sure that your videos are in HD and they offer something different to your visitors.
Use social networks like Facebook, Twitter, WhatsApp etc to promote them well to your friends.
When you start getting decent number of visitors, you can enable advertisements on your videos. You get paid by Google when someone clicks on these ads.
8. Start Affiliate Marketing
This one is my one of my favorite ways for making some extra money.
Entrepreneur.com defines affiliate marketing as below-
Affiliate marketing means, you help someone else to sell his/her product or service. In return he/ she pays you a commission.
Affiliate marketing is the most popular method used by many website owners and bloggers to earn money from their websites or blogs.
You too can use affiliate marketing as an additional source of income.
To be successful, you need to have a website or blog or a Facebook page with decent traffic and a loyal follower base.
Then you can join affiliate networks like ShareASale.com, CommissionJunction (cj.com) or Amazon Associates and promote related products on your website.
9. Resell Domain/ Hosting
Domain name is to websites what our name is to us human beings. And hosting is to websites what our home address is to us.
Like Google.com or Flipkart.com. These are the domain names of these websites. We know them by their domain names. And their hosting is the physical server where they are located.
Everyday, more and more people are using the internet for buying goods and services. Naturally, huge number of new eCommerce sites, blogs and affiliate websites are coming up every day.
This is fueling massive demand for internet domain names and hosting services.
You can easily use this demand to make money online by starting a domain or hosting reselling service.
What is that? Let me explain,
Imagine, you are a reseller of domain and hosting services. And you have a friend who wants to start an online business. He will need to buy domain name and hosting for it.
If you are a reseller of domain names and hosting services, he can buy his domain name and hosting from you. He gets what he wants and you get a small commission.
If you have many friends and followers, you can earn a handsome income regularly.
ResellerClub.com is the biggest provider of domain and hosting reselling services in the world. It takes only ₹4500 to start a reselling business with ResellerClub. Another good Indian alternative is Net4.
10. Freelancing on Upwork/ Freelancer
Freelancing is one of the most popular ways to make money online in the world.
Doing freelance work means being your own boss (BYOB).
You can accept projects that you like. You can work according to your own schedule. There is no one to report to as long as you finish the project on time.
What can you do as a freelancer?
Almost anything under the sun. Browse the category page on Freelancer.com. It lists more than 900 categories of jobs. You can choose one based on your expertise.
Another reputed source for freelance work is Upwork.com.
11. Do Small Jobs in Fiverr
Fiverr is similar to Freelancer what WhatsApp is to Email.
You use Email for big, serious communications. And WhatsApp for small messages with friends and family.
Similarly, Fiverr offers a micro version of freelancing.
Each micro job is called a 'gig'. Fiverr gigs typically require much less time and effort that any full freelancing project. And each gig costs only $5.
A project on Freelancer.com can be large. It can take days to complete a project.
Fiverr solves this problem. A typical gig on Fiverr should not take more than a few hours for you.
If you don't like to do long and big freelancing projects then Fiverr is for you. You can create as many small gigs and offer them on Fiverr. When anyone buys your gig, you get paid.
12. Sell PowerPoint/ Google Presentation Slides
How long have you been making presentation slides?
If you ask me, I am making those from when I was in school. But have you ever thought that you can generate extra income from presentation slides?
If you are good at designing professional looking presentation templates, then you can sell them on Payloadz.com, GumRoad.com or E-Junkie.com.
13. Web Development
If you have web development skills then there are many ways to make money online by coding.
- You can work as a freelance developer on Freelancer, Upwork, Guru.com, Fiverr etc.
- Create small code blocks that solves small problems like image sliders, html page builders etc..Sell them on code market places like Codecanyon, Codeclerks, Codegrape, Hotscripts etc.
- Develop addons for popular web softwares and SaaS platforms like Shopify, Prestashop, OpenCart, Magento, Moodle etc. and sell them.
- Create your own SaaS application business.
- Teach coding online on Udemy, Teachable, Thikific etc.
- Compete with other coders at coding challenges like TopCoder, Google Code Jam etc.
14. WordPress Development
I deliberately separated WordPress development from other web development. Because, WordPress is HUGE.
It runs almost 28% of all websites currently live. This makes WordPress development a large market on its own.
Are you a WordPress developer?
Then you can develop premium WordPress plugins and sell them on Codecanyon.
You can also register as a WordPress expert on freelancing websites mentioned above. Alternatively you can also join WordPress specific development sites like WPCurve, Codable.io etc.
15. Work as A Designer
Designers are one of the most sought after professionals today.
If you have skills in art, painting,graphic design, photo editing, illustrations etc., you can make big money online.
Here are the ways you can earn extra money as a designer-
- Work as a freelance designer on Upwork,Freelancer etc.
- You can create fonts,logos and designs for Facebook Page headers,Blog headers, opt in form backgrounds etc. and sell them on GraphicRiver.
- You can create art, designs, painting etc. and upload them to Zazzle, Cafepress etc. When someone prints your design on her coffee mug or T-shirt, you get paid your royalty.
16. Search Engine Optimization (SEO) Analysis
What is SEO?
SEO is the process of ranking a website on the first page of Google search.
For example, if you search hindi songs in Google, you get this-
Here, Gaana.com is the top result. As a result, when you are looking to listen to a Hindi song, you'll most likely visit this website.
SEO is a difficult but very high paying job.
Full time SEO consultancy takes lots of research and effort.But if you can work only in segments, then SEO can be one of the best extra income ideas.
You can work as a freelance SEO analyst only. Then you'll only be analyzing web pages against a preset list of best SEO practices. And provide detailed report on your findings.
Look for freelance SEO analysis jobs at places like Freelancer, Upwork etc.
17.Software Reviewing on Softwarejudge.com
SoftwareJudge is a reputable website that publishes authentic reviews of software.The reviews are very objective and does not give any recommendation in suport or in against of the software under review.
You can join SoftwareJudge as a reviewer and get paid to do your review. You can only review software that is available on their listings. There are rules also that you have to follow.
This is one of the easiest methods to make money online. Anyone can try this. Particularly for students, it can be good source of pocket money.
18. Write Linux System Administration Articles
DigitalOcean and Linode are two famous website hosting providers.
Both of these companies give opportunities to experienced System Administrators to write articles on their business blogs and tutorials.
The articles are mostly technical 'how to' guides intended to help their customers. If you have the Linux system administration skills, you can write in depth articles for them.
DigitalOcean pays up to $200 per article and Linode pays $100 per article.
19. Create an Online Store and Sell Local Items
You can create innovative ways to earn money yourself if you think out of the box.
There are many places in India where you can find exotic handicrafts, jewellery etc. Like, Pottery of Rajasthan, Zari works of Bengal etc.
These items have good demand. But there are not many stores available. Neither very effective marketing is done for these items.
If your city is famous for some craft item, then you are lucky. You can buy in bulk from the local artisans and craftsmen. Then you can open an online shop at Amazon, Flipkart or Craftsvilla and sell them.
You can do it even if you don't have access to local items. Look for suppliers at IndiaMart or TradeIndia portal.
You can procure your source materials in bulk from these suppliers. Then you can sell these items on your own shop at Amazon, Flipkart etc.
Category 3: Earn Money from Writing/Reading
20. Proofreading/ Editing
Do you have good knowledge of literature? Particularly grammar and punctuation etc.?
Then you can look to for working as a part time Proofreader or Editor.
Freelancing websites like Freelancer or Upwork mentioned above all provide listings for editing and proofreading jobs.
Have you ever seen the wonderful Amul ads?
Like this one-
Copywriting is a form of writing that attracts the reader.
It may be either be an advertisement. Or it may simply be an article. Like the one you are reading now! 🙂
Good copywriting compels the reader to read more. And ultimately he lands onto the deal that the seller is offering.
Copywriters command huge respect and demand. Successful copywriters also enjoy large salaries.
What is Ghostwriting?
Ghostwriting is writing content on someone else's behalf.
You can't mention your name anywhere. Ghostwriting is typically done by trainee or amateur copywriters. Ghostwriting gives you enough experience to apply as a Copywriter for bigger projects.
Two good websites that offer ghostwriting jobs are HireWriters and TextWriters.
23. Write Articles and Get Paid
If you have flair for writing, then there are quite a few income income ideas that you can try.
Different web services accept different types of articles written by independent writers and pay them in return.
Here is a list of some of the reputed websites-
- Listverse- Accepts high quality and unique list type articles. If your article is selected, you get $100 as payment. For example- 'Top 10 Recoiling Wedding Dance Forms In India'.
- iWriter- You can register as a writer and choose from the content topics requested by buyers. You get paid if your content is approved above other contesting writers by the buyer. If you write good content you can get promoted up the ranks and earn up to $80 for every 500 words .
- FreelanceCareers- It is another good option you can try. FreelanceCareers is exclusively focused on writing based freelance jobs. As per their website they pay around $7 to $31 per page of content.
24. Write a Book and Earn Extra Income from Royalties
Earning royalties from books in among the oldest form of extra income ideas.If you love to write you can do it too via self publishing.
What is self publishing? Let me explain.
Before, if you wanted to publish a book, you had to submit your manuscript to the editors of large publishers.
Since you were amateur author, most likely your manuscript would get rejected. Even if they selected your book, they'd suggest drastic edits on your script.
In short, as a newbie author it was very difficult to publish your book.
But with self publishing these problems are all gone. You can select a package based on how much you want to spend. And the publishing house will do the rest.
They will read your manuscript, do typesetting, cover design,printing, listing on marketplaces like Amazon, Flipkart, Barn&Noble etc.
Some good options options to self publish your book are Pothi, Notionpress, Partridge etc.
25. Create and Sell an Ebook on Amazon
Amazon has a wonderful book publishing service called Kindle Direct Publishing (KDP). If you love to write stories, poems or novels, you can easily publish them using Amazon KDP.
You have to promote your book well. The massive reach of Amazon will help you to make money from royalties.
Category 4 : Make Money from hobbies
26. Give Private Tuition-Online and Offline
Private tuition is a popular profession in India.
Even if you're employed, why not use it as a source of extra income? You can provide tuition by visiting students houses physically. That's the traditional way in India.
But with in spread of internet, you can use it to give private tuition from the comfort of your home also. You can also earn more by tutoring students from US,UK etc.
Here are some good online tutoring services -
27. Teach an Online Course
Teaching a course online is another one of my favourite ideas to make money online.
It has several benefits over traditional method of private tution-
- Less time consuming. You create the basic course just once and sell it many times.
- Teach to unlimited students.
- Easy to update and edit. When needed, just update the module that is necessary. Even add or delete a module.
- Option to recruit affiliate partners. You can let others sell your course and generate income for you.
There are many platforms that lets you host your online course. Udemy is the most popular among them.
Other good platforms are Thinkific, Teachable etc. I have done quite a few courses from Udemy and found them of top quality.
28. Extra Income Ideas from Photography
Do you always your DSLR with you?
Then you can use photography as a nice side income source.
I am going to show you all the photography related ideas to earn money here-
- You can upload and sell your images to stock photography websites like iStockPhoto, ShutterStock or Fotolia. These websites are famous for providing stock images and illustrations for web and graphic designing. When some designer selects your photograph from the website, you are paid a royalty.
- YOu can also provide image editing service. If you are skilled in Adobe Photoshop or Adobe Illustrator, then you can provide image or vector graphics editing service on Freelancer or Upwork.
- Alternatively, you can create a course on Adobe Photoshop or Illustrator. You can sell this course on any of the online course platforms like Udemy etc.
- You can also start a photography school at home and give photography lessons at your spare time.
29. Work as a Translator
Translation jobs are increasing in demand with every day. With increase in air travel all over the world, people who know more than one languages are highly sought after as interpreters and translators.
Since we are discussing ideas to make some extra money, working as a full time interpreter may not be suitable for you.
But, you can look for small projects based translation jobs at freelancing portals. This way you shall brush up your language skill and earn some additional moolah too!
30. Make Money online By Selling Your Own Music
Do you create music? Or do you have a band with original tracks?
You can then upload your original tracks to Apple itunes, Google music, Spotify etc. and earn royalties. Checkout the services of Tunecore and CD Baby as one stop solutions to all you need to sell your music
31. Work as a Freelance an Interior Designer
If you have interior designing skills, then you can do part time projects as a freelance designer. Alternatively you can also create a course or book about how interior design and sell it to generate a side income.
32. Be a Beauty Therapist
I don't care what you think unless it is about me. -Kurt Cobain
We all love to look good. Come on! Girls obviously make much fuss about it. But boys too definitely want to look good at all times. Why do you think there are so much demand for selfie phones now?
That's why the beauty products is one of the largest industry in the world. You too can generate extra income ideas by using this basic desire of all human beings- 'Looking Good'.
Here are some ideas you can try -
- Open a beauty salon at home.
- Start a Facebook page/ Youtube channel about beauty treatments and sell affiliate products.
- Write a book on beauty therapy and sell online or offline.
- Start your own range of beauty products. Example- Keya Seth's products.
33. Sell Your Home Cooked Food at Watscooking/FoodCloud
I found about this new income idea last month. Two Indian startups are using our age old love for home cooked food to start a wonderful concept.
If you love to cook tasty and fresh foods, you can try providing your dishes to any of them. You can earn a nice side income from something you do everyday.
34. Prepare and Submit Income Tax Return
Do you prepare and submit your income tax return yourself?
Then you can turn it into a side job and build an extra income source.You can prepare and submit online income tax return for colleagues, friends etc for a small fee.
However,since tax return filing is mostly done during April to July every year, it can be a seasonal extra income idea.
Category 5 : Earn regular income by Investing your surplus money
35. Invest in Bank FDs with Monthly Payout
Why do you keep money in Bank FDs?
To get a safe return on your money after the tenure is over. Right?
This is called investing for Capital Gains. This method is good if you don't want the money now. And, you want to use that money in future.
Alternatively, you may choose to generate a steady income from your money every month or quarter. This method is called investing for Cash flow.
To generate cash flow from your Bank FD, you must mention that you want to get the interest payment every month.
This way, you can create an additional income source (cashflow) every month besides your main income.
Cash flow investing is very powerful. It has the power to make you rich.
But, you need to give enough time to make it happen.
Build a series of 5-10 FDs that pay interest every month. And over time you'll have a nice side income besides your salary every month.
36. Invest in Post Office MIS
Instead of Bank FDs you can use Post Office monthly income scheme (POMIS) also.
Use the same strategy to create a series of POMIS deposits. After 3-5 years you shall have regular extra income from Post Office monthly income scheme without any farther effort.
37. Build a Ladder of NSCs
You can take a slow but highly effective strategy with National Savings Certificates. It takes at least 5 years to properly implement it.
To do it correctly, you have to invest a fixed sum in NSC every month for 5 years.
After 5 years you shall get back your money plus the interest every month.
You'll spend some of it. And continue to invest the rest along with your fixed monthly sum in more NSC VIII series every month.
If you continue to do it for 15-20 years, you 'll generate a side income so big that you wont need your salary. 🙂
38. Invest in High Dividend Paying Stocks
Are you comfortable with share markets? Then you can try this method.
Search for good companies that has consistent history of providing dividends.
Dividend income also has the added benefit that it is completely tax free.
You can use websites like RediffMoney or MoneyControl to find such companies. Do a bit of nitpicking to find out more about the companies you discover.In general, you should look for the following-
- How well known is the company? Eg- Colgate-Palmolive, Nestle, Hero Motocorp etc.
- How's their business doing now and what is the future prospect?
- How reliable is the management?
- What is their dividend history? etc.
You'll see that share of good companies are often costly. For example, at the time of writing this, one share of MRF sells at ₹530038.95/-. As you know, quality doesn't come cheap!
That said, MRF LTD. has given a dividend of 940% in May'2016. If MRF is too costly, there are plenty of shares available that pays good dividend at affordable cost .
Take time to find and invest in good companies. Over a long period you'll have a steady source of side income plus a good number of quality shares as asset.
39. Rent Out a Shop/Apartment
If you have a second apartment or place for a shop, you can rent it out. This method of generating side income is very prevalent in India.
but don't take loan to buy apartment or shop. If you have to pay EMIs out of your income, then it defeats the purpose.
40. Invest in Annuity Schemes
Invest in Annuity Schemes to create additional cash flow every month.You can think annuity schemes as your private
Annuity schemes are provided by insurance companies in India. The are called annuity service providers.
In these schemes you have to invest a large sum initially for a fixed tenure. The annuity service providers will pay you back the interest every month till the expiry of the contract.
Category 6: Money Making Ideas for Everybody
41. Sell Old Stuff on OLX/Quickr
Sell your old stuff like gadgets, clothes etc. on Olx or Quickr once a year to generate extra cash.
42. Bill Boards on Your Roof
You can put Bill Boards on top of your roof. Then rent out the bill boards to advertising agencies and earn some extra cash easily.
Some ad agencies will even set up the billboards themselves and put their ads on it.
43.Join a Good Direct Selling Company You can also work part time with a good direct selling company. Amway, Oriflame, Tupperware etc. are well known and established direct selling companies globally. There are some points you need to remember though- There are many illegal companies that use the Direct selling business model. They use the illegal pyramid scheme in their business.Do your research and avoid these companies. In general, avoid companies where more emphasis is on acquiring new joiners than on selling products. Keep your expectations low. Don't get too excited about how much you can earn from it. Focus on selling the products and duplicating the model of a successful upline more.
I have struck out this option. Because Indian laws are not clear about this.
There are several Indian and multinational direct selling companies working in India. They have thousands of members all over the country.
But there is no specific law to differentiate between a lawful direct selling company and a dubious pyramid scheme.
Another problem with this industry is the attitude of the direct selling agents.
They often forget that the prime focus should be on selling the company's products. Instead they spend most of their time and energy to recruit more agents. This, in effect, turns every direct selling company into a pyramid scheme.
I have excluded this side income idea. But I shall include them when there is legal clarity about them.
44. Earn Extra Income by Taking Franchises
Franchises are a very good way to start you own side business. It is better that starting everything on your own.
With a franchisee you can easily partner with a proven business system.
But if you try to start everything from scratch, you have to put in a lot more effort to make your business successful.
However, you must be careful while choosing your franchisee. You must select one that is successful and easy to manage.
Franchising option are both big and small. You should select one according to how much you want to invest. Here's a list of good franchisee options -
- Large Franchises - Like McDonalds, PizzaHut, Dominos, Subway, KidZee, TreeHouse, CafeCoffeeDay etc.
- Small Franchises - Like ice-cream or softdrink vending machines, weighing machines, LIC payment collection centers etc.
A very good source for all information related to franchisee business is FranchiseIndia .
45. Rent Out Your Spare Room to AirBNB / OyoRooms.
Both AirBNB and OyoRooms lets you rent out your unused rooms to tourists in exchange for money. If you have a spare room at your apartment, you can try their service.
AirBNB works in many countries worldwide and has a big user base. OyoRooms is an Indian company working on the same model.
They take care of finding travellers for your rented room and handle all the hassles like payment,insurance etc.You can even choose which type of guests you'd allow at your rooms.
Checkout more details for -
It is another of the easiest extra income ideas available today.
46. Give Your Car to Carpool/Ola/Uber
Don't use your car much? Then give it out to Uber or Ola!
If you don't use your car much then why keep it seating lazy? In financial language you car is a liability on your income. It does not bring any income for you. But, you have to pay for fuel, insurance, maintenance etc. even if you don't take your car out much.
Why not let your beloved car be an asset for you instead? You can let out your car to any local carpool in your city. You can also give your car to Ola or Uber and generate extra income.
Worried about how they will treat your car? Just appoint a reliable driver yourself.
47. Use Cashback Websites for Shopping
You earn earn money while shopping online if you shop smart. I use this trick myself.
Say, I need to buy an Ambrane 10000 mah power bank. I don't go straight to Flipkart, Amazon or Snapdeal to buy the product. I visits sites like Cashkaro.com and search for the product.
See here, I shall get additional 3.3% rewards if I buy the product via CashKaro. 3.3 % of Rs. 700/- is around Rs 21/-. If you buy something for Rs 50000/-, then the reward will be Rs. 1650/-. Not small, eh?
You can redeem the rewards to your PayTM wallet and use it later for some other transaction easily.
48. Use a Cashback Credit or Debit Card
Cashback cards can provide you another small source of side income. Cashback cards give reward points for using the card for your transactions.
The rate of giving reward points are fixed. Like, 5 points for evry ₹150/- spent etc.
You can accumulate rewards points by using your card more for all of your transactions. When the accumulated points exceed a certain threshold, you can redeem them as cash.
49. Switch to an Interest Saver Home Loan
Are you paying Home loan EMIs every month? I know how difficult it is to pay it every month. Because I am doing it too. Every month I feel like I am working 15 days for the bank only. Trust me EMIs are a pain.
So I have devised a way to remove this pain. How?
By shifting to interest saver home loan. I am saving on my interest outgo every month. And one rupee saved is one rupee earned. Isn't it?
Presently quite a few Indian banks provide these interest saver home loans. But they don't promote them much. Because they are less beneficial for the bank than traditional home loans. Here are some of the interest saver home loans provided in India-
- SBI Maxgain Home Loan.
- Bank of Baroda Home Loan Advantage.
- IDBI Home Loan Interest Saver.
- Union Bank Smart Save.
- PNB Flexible Housing Loan.
50. Make Money online by Answering Surveys, Reading Emails
If you use goole for finding work from home ideas, you'll probably find thousands of websites.
They promise to pay you hundreds of dollars for jobs like 'tying your shoe laces'!
Well, it may not exactly be tying shoe laces. But the fact is that there are lots of websites that promise you big money for doing too easy work.
My advice for these types of websites is - Be careful ! Perform thorough research yourself about the website before signing up with them.
Moreover, since the jobs you perform are very easy. Naturally, the payout amounts are also minuscule. You have to spend whole day in front of your computer to earn any significant income from these.
Still I listed this option at the last. And I have tried to list only trustworthy websites. You have to perform tasks like filling online surveys, reading emails, watching videos etc to get paid. Here are the top 5 websites I could find-
51. Work as a search engine evaluator (NEW)
Just yesterday, I was browsing Quora for a problem that bothered me.
Then, I stumbled across the term 'Search engine evaluator'. Here's the Quora thread that I found-
I dug further and found that search engine evaluation is one more way to make money online. It was available to US or European citizens for long.
As the big search engines like Google, Bing is focusing more on India, they have allowed Indians to work as independent search engine evaluators too.
As a search engine evaluator, you are required to give your inputs about the quality of search results that come up on Google or Bing relative to the input in the search field.
You must work in an objective way and get rid of any biases or opinions that you may posses. Since this job is very important for companies like Google because their business depends on your input.
The best known companies that offer jobs as Search engine evaluators are - Leapforce, Lionbridge and Appen Butter Hill.
Having multiple sources of income is wonderful. But, as I said, you must be ready to put in the efforts initially.
Once you have developed a source, it is relatively easier to maintain it.
Also, you must checkout your service agreements etc. to find out which extra income ideas you can try in addition to your job.
I have mentioned all the ideas that I am currently aware of. I have also created an ebook with all these ideas to make money online ( and offline). You can download it below.
Did I miss anything? Do you know some other idea that I did not cover? If yes, please share by commenting below. It will benefit all of us. 🙂