If you have been looking for legitimate ideas to make some extra bucks, you’re just in luck because your search ends right here!
Making extra income isn’t as difficult as you may think. If you are willing to invest a few hours every day into doing something you love instead of browsing the net or watching TV, you will learn that there is a lot you can achieve.
In this guide, we will be covering some proven methods to help you earn that extra $50 and more every day. So read on to find out.
- 1. Become An Affiliate
- 2. Write an Ebook
- 3. Do Freelance Writing
- 4. Create Online Courses
- 5. Sell pictures online
- 6. Rent out a room or property
- 7. Teaching English online
- 8. Take online surveys
- Final thoughts
1. Become An Affiliate
First on our list on how to make $50 a day is Affiliate marketing. It is one of the most lucrative ways to make 50$ (or more) a day off of your website. That’s right! If you don’t already have one, you need to consider building your own blog.
Thousands of publishers earn a recurring income every day by teaming up with other businesses via affiliate marketing. That is why having your own website is essential if you want to know how to make $50 a day. It will enable you to monetize your content and help you earn that extra revenue.
There are several affiliate programs out there, ranging from business to marketing to website builders to online course affiliates. But first, let’s get you acquainted with what affiliate program actually means.
Affiliate programs are an agreement between a company and an affiliate. Here, the company or the business agrees to pay commission to an influence/blogger or any other business for directing sales and traffic their way.
This is done via web content, product integration, or social media. The blogger receives an affiliate link that tracks clicks (using cookies). You will often come across terms like “cookie life” or “cookie length” – these terms simply mean the duration the cookie keeps track of one’s online activity.
For example, when you have a 30-day cookie life, your referral, after clicking on your affiliate link, must purchase the 30-days is up. After thirty days, your lead is no longer trackable. That said, when you look for products to promote on your site, you will come across some companies that pay commission based on Cost per Lead (CPL), Cost per Click (CPC), or Cost per Sale (CPS).
When it comes to CPL, you need to generate leads before the cookie life expires. It can either be an email or a form that needs to be filled. The commissions you get for CPL are much lesser as compared to CPS and CPC. However, it’s much easier to get an email instead of a sale.
As for CPC, a company will offer commissions based on how many clicks you generate. This is quite common in the fashion and travel industry. Such affiliate programs work best only if you can promote the service or product well and can generate more clicks.
Under CPS or Cost per Sale based affiliate model, you will receive a payment when someone makes a purchase from the advertiser’s site after clicking on your affiliate link. The amount you get will vary according to the advertiser or company you partner with, but generally speaking, it’s the most profitable option to follow.
While doing your research, look for advertisers with great landing pages. This will offer more chances of accelerating your conversion rate.
Affiliate marketing needs a lot of work and patience, but once you persevere, it can help you generate a good amount of passive income.
ClickBank’ s affiliate program is a great example.
ClickBank – Best Affiliate Programs
ClickBank is a popular affiliate marketing program that was established in 1998. At present, it has over 6 million clients worldwide, making it one of the largest online retailers in America. It is a diverse marketplace where you’ll find products developed and created by entrepreneurs. ClickBank’s affiliate network enables producers and sellers to leverage connections. This, in turn, helps them monetize their commercial and personal pages.
2. Write an Ebook
Anyone looking for a great way to generate additional income should consider creating an Ebook or self-publishing.
Can one make enough revenue with Ebook writing? Of course! Can you earn $50 a day? Some self-publishers are making more than that.
In the US alone, self-published books saw rapid growth in 2017, which grew from 1.19 million to 1.68 million in 2018. In 2017, self-publishing saw a growth rate of 28%, and according to a study, a title can generate an approximate revenue of $11,200 in its lifetime.
All of these impressive stats prove that you can actually make $50 or more by writing an Ebook. All you have to do is create several titles and use them for cross-promotion. When you have different titles in the same field, it’ll help you create an entire portfolio, which your targeted audience would like to read.
That said, it’s crucial to rely on various distribution channels. While there are many options out there, you may want to give Freelance Writers Den and ProWriting Aid a try.
Freelance Writers Den – Make Money Writing
Freelance Writers Den offers a digital platform where writers can learn how to expand their businesses online. It has over 1200 freelance. The platform helps people in writing excellent blog posts writers. It also has an affiliate program that offers a 50 percent commission whenever one joins the platform through their affiliate link. You can then earn 25% every month as long as the referral remains active on the Writers Den.
3. Do Freelance Writing
Aside from creating eBooks, if you are still wondering about how to make $50 a day, then you should consider giving freelance writing a shot.
There is a huge demand for freelance writers all the time. In fact, by 2020, the content marketing industry is expected to turn into a $300 billion sector. There is a wide range of options when it comes to freelance writing gigs.
Whether its articles, poetry, editorials, press releases, newspaper, and magazine articles, website content, whitepapers, eBooks, marketing copy, and social media applications, there is always someone willing to pay you for it.
To earn $50 a day via freelance writing, you will have to sign up with multiple sites that feature such assignments. For example, Freelancer.com is among the best options out there.
Freelancer.com allows you to bid for projects and partner up with employers from across the globe, for both offline and online projects. Some of these assignments are one-time gigs; however, some offer work for months.
How to get started with freelance writing?
To get started, you need to visit Freelancer.com, and then you will find two sign up options. You can either select “Sign up” (see top right corner) or “I Want To Work.”
Once you click on either one of those options, the sign-up page (look screenshot below), where you will be asked to enter your email, password, and username, you can even sign up with your FB account.
Joining Freelancer.com will help you gain access to a number of projects. It’ll not just assist you to earn passive income but will also help in building your freelance writing career. Also, Freelancer.com offers an affiliate program, which is excellent as it can help you earn additional revenue. However, you need to be aware of their terms and conditions first.
Of course, there are other ways to find writing gigs; a little research on your side will help you find those opportunities. Do keep in mind that finding the right gig isn’t only going to help you earn money writing, it’s just as essential to improving your writing skills and portfolio.
Copyscape and Grammarly are some of the popular tools that can help you with that. Most clients make use of Grammarly to inspect the work of freelancers. Make it a habit to proofread your work using such tools. Aside from making your content free of any errors, Grammarly also offers an affiliate program.
If you sign up for Grammarly’s affiliate program, you’ll have the opportunity to generate $0.20 whenever someone downloads and signs up for the free version of the tool. If one happens to buy the premium upgrade, you’ll receive $20. With the company’s affiliate program, you can make somewhere between $20-$50 for any action made via your link.
ProWriting Aid is another excellent online editing tool that you can use to create content that is free of any write-ups as it can help you in identifying spelling and grammatical mistakes, contextual errors, and plagiarized contents.
The great thing about using ProWriting Aid is that it not only enables you to improve your writing skills but it also offers an affiliate program. This is great as it can help you make additional revenue. With ProWriting Aid’s Affiliate program you can earn a commission of 50 percent on every sale you direct their way via your affiliate link. It offers a nice cookie length of 90 days.
4. Create Online Courses
While some have been making passive income by writing books or by creating blogs, online courses are another great method on how to make $50 a day by selling your wisdom. The best part about course creation is the fact that it can be on any topic you’re good at. Whether it’s making jewelry or tips on starting a business or start-ups, you can monetize your knowledge.
People prefer going online for a number of reasons, including socializing and entertainment. The internet, however, is also used for learning new things and finding information. Not sure how a particular software works? You will find plenty of video tutorials on Youtube.
The point here is that there is always someone out there looking for something – whether it’s video tutorials on specific subjects, cooking recipes, and so on. This increasing demand for instructions and information creates an excellent opportunity for you to share your knowledge and make extra income.
A study by Global Industry Analysts shows that the online learning industry is expected to exceed $240 billion by 2022. There are several platforms where you can create and market your own course and even acquire a massive, interested audience.
Teachable – Create and Sell Your Online Courses
Teachable, for example, is a popular and highly regarded e-Learning platform out there. It has 186 thousand courses and more than 18 million students. Teachable’s interface is quite straightforward, makes it easier for you to develop and sell exciting courses.
Ranging from cake decorating tips to Facebook ads, Teachable is suitable for a number of niche subjects. You can also benefit from their affiliate program that pays a recurring commission, which is 30% on the monthly subscription fee of your referral. The plans range from 29 dollars to 499 dollars a month, meaning you can make up to $150 every month per sale.
Aside from Teachable, you can also try Udemy. Some of the highlights of Its affiliate program are competitive commission rate, offers promotional tools and assets to drive sales, dedicated affiliate manager, exclusive content, and hundreds of banners.
If you sign up for Udemy’s affiliate program, you can generate 40 percent for any course that you sell via your affiliate link. This is actually a great rate as it’s half the amount the course creators make.
To determine which one is better, you will have to sign up for both and play around with both for a while, or you can go through their terms and conditions and see which one fits you best.
That said, the amount you make will ultimately depend on how many courses you have created and whether that particular niche is on-demand or not. If you have some knowledge regarding a popular niche, you can quickly start making $50-$100 or more every day.
5. Sell pictures online
Do you have a knack for photography? If yes, then you’ve already found a way on how to make $50 a day.
Selling pictures online is another excellent way to make passive income. There are plenty of stock photography sites out there that accept submissions and pays you when someone buys or downloads your photos.
Everyone from small to medium businesses to large corporations, publishers, marketers, bloggers, and graphic designers purchase and use pictures regularly online. And because there are tools that can match photos to their originators, stealing images is no longer an option.
This is an excellent opportunity for any avid photographers looking to cash in on some extra bucks while still having the option to safeguard their work. The best place to start selling pictures is through your own website.
This is because you will have total control of everything. Ranging from setting your own price, terms and conditions, to even the way your images will be displayed on the website, everything can be customized according to your requirements.
Aside from creating your own website, there are some excellent stock photography sites worth trying. Some of the most popular ones in the market are as follows:
This is one of world’s leading distributors and creators of still imagery, music, video, various multi-media products and other variants of premium virtual content, which are available on it’s trusted brands like Thinkstock and iStock. Also, if you sign up for their affiliate program, you can generate up to 20 % commission on every sale made via your affiliate link.
It has been quite a popular site to purchase and sell stock photos online for over fifteen years. They have more than 200 million images, music tracks, and videos. When you join their site, you will get paid whenever someone downloads your content through their website. As a member, you can earn between 20%-30% on each sale.
Here is another excellent platform for selling stock images online. Alamy doesn’t have as many customers as Shutterstock, yet it is still a great option for income generation. It allows you to upload pictures without any copyright or licensing issues. Plus, you can make 50% on each sale, making it another best platform to sell photographs and earn well.
Another great thing about the platforms mentioned above is that each one of these sites has their own affiliate programs. Therefore, if you have your own photography site, it would be a great idea to partner up with one of these as an affiliate.
Every stock photo site will have different terms and conditions, and hence, it’s in your best interest to try all the opportunities and determine the one that suits you best.
6. Rent out a room or property
If you happen to have an extra room or a property that’s located in an area considered as a tourist spot, you can easily make $50 a day by renting it out.
Airbnb is an excellent option as it makes it easy to list a room, a vacation rental, or an entire house. Plus, it’s a safe way to earn some cash as it allows you to screen potential guests before they arrive. You can also accept or reject them by going through the previous reviews.
This isn’t a hundred percent income generation opportunity as you need to ensure that the property or the room is in good condition. Also, you will have to interact with the guests. The more approachable and friendlier you are, the higher the rating you will receive.
If you go through the Airbnb listings, you will come across some people that own multiple properties listed in a country, a city, or even several destinations worldwide. This is because the monetization potential for making money by renting out property through Airbnb is huge.
When you start getting a few positive reviews, you will find more people willing to book your property and help you earn that additional income.
7. Teaching English online
A great way to make $50 or even more a day is by teaching English online. If you have a bachelor’s degree and can work legally in the UK, US, or Canada, you are good to go. Sometimes, you will also require a TEFL certificate.
Income generation idea is excellent for college students, teachers, and anyone who is looking to make additional revenue.
This is a highly reputed English school with several classrooms worldwide. They also offer both US and UK citizens the opportunity to teach English online.
If you are from either one of these countries and would love teaching at the comfort of your own home while making some extra cash, then Education First is worth trying.
You can make up to $20 for an hour, and you will be teaching one-on-one classes. Each class lasts for 25 minutes, and your salary will be transferred into your account directly. It’s that simple!
Working with EF Education will also give you flexible working hours, meaning you can even set your own schedule. This will provide you with enough time to work on other essential things. To work for Education First, you need to have a bachelor’s degree (any field), reside in either the US or UK. You must have finished at least a forty-hour TEFL program and must also agree to have your background checked.
8. Take online surveys
Finally, opting for paid survey sites is another great way to generate extra revenue without much hard work. However, most sites are hard to qualify for and take quite long to cash in some bucks. Having said that, Swagbucks is an excellent survey site. It’s among the biggest portals in the market, and most of its users report earning money easily via video watching, surveys, and even performing simple tasks.
Swagbucks also offers an affiliate program that will enable you to earn a 10 percent commission for anyone who signs up for Swagbucks via your referral link.
While these are excellent ways to make additional cash on the side, it isn’t all-inclusive. You will find plenty of other options as well. At the end of the day, you need to remember that there’s no secret to making money. It requires a lot of effort, time, and patience.
So, whichever way you choose to generate extra income, you’ll have to put in some work. No one in their right mind is going to pay you for free.
Finally, when looking for ideas to make money, always think of exploring different ways to do that with the internet. While some of these methods may not seem fun to you, there’s a good chance, one of these strategies may turn out to be perfect for your goals and lifestyle.