5 Ways to Make Significant Money Online

Looking to pay off debt? Want to earn more money to save for your children’s college education? Simply need more cash day-to-day? If you’re searching for opportunities to make money from home, take a look at these five ways you can make significant money online.

Put your place up for rent.

Have a spare bedroom? With 150 million users on Airbnb, this site is the perfect place to rent out your room out and make some money. If you are a great host and you have a desirable living space, you can add hundreds – maybe even thousands – of dollars to your bank account each month. Vacation Rentals By Owner, or VRBO, is another site to try.

To make the most money, offer your space during high-demand times in the area you live in such as conventions, concerts and sporting events. Be a great host, offering toiletries similar to a hotel, like soap, toilet paper and washcloths and towels. Make sure you’re personable too. Travelers often use Airbnb and VRBO because they appreciate the personal touch it offers over traditional lodging.

Gamble online.

You can make a lot of money if you play casino games online as long as you have a strategy and spending parameters. Before you dive in, keep in mind it’s smart to learn about the games before you play and avoid complicated bets. Play max credits and opt for machines with the smallest jackpots for better odds of winning.

Start freelance writing.

One of the most popular ways to earn cash online is by freelance writing. Writing does take commitment and skill, but if you are willing to build your portfolio and resume and are dedicated to the job, it can be highly profitable. According to Payscale.com, the average freelance writer makes just under $25/hour. Begin by building an online presence through the help of a blog, then you can start bidding on jobs. Freelance writing is a lucrative career that allows you to make money online and prepare for your retirement – and you can work from anywhere you choose.

Sell your things on eBay.

The online selling market has been on the rise for years. If you aren’t sure how to get started, always remember that honesty pays off. Tell people about your used items – every scratch and dent – so you can reduce negative reviews. Take great photos of the items you’re selling so your products stand apart from others. Last but not least, always do good business. Even when you’re selling items online and not face-to-face, you still have to prioritize customer service. Respond to any questions or concerns promptly, just like you would except a business to do for you.

Create YouTube videos.

If you have the ability to generate a following, you can utilize YouTube advertising to make some money. Whether your videos are humorous, feature pets or offer toy reviews, YouTube is one way you can monetize your favorite hobby.

Keep in mind that you won’t grow an audience overnight, but once you grow your fan base you can make some solid cash. The average revenue for 1,000 YouTube views is $6, so create something people will love and watch the money add up.