Easy Ways To Make Money Online Quickly With Little Or No Capital

Easy Ways To Make Money Online Quickly With Little Or No Capital | Today, a lot of people are interested in how to make money online. You can make extra cash online and even build a stable source of income. We are going to show you legal and genuine ways to make money online without financial investment.

Make Money Online Quickly

Nowadays, almost everybody can make money online. You can be a student who wants to make some extra cash, a graduate who doesn’t have a stable job or a mum staying at home due to maternity leave. Regardless of the situation, you will be able to make a reasonable income from home. Another advantage of making money online is that you can earn some cash from home in your free time. You can easily earn from hundreds to thousands of Naira per month. There are many ways to make money online but not all are legitimate. We will tell you how to earn money legally. Below are some easy ways to make money online.

On this page you’ll find all the best ways to make money in your spare time whilst at university based on our own experience. We’ll keep adding new ways to this page so go ahead and bookmark it. And please do share your own ideas in the comments!

1.Start your own website

Interested in generating passive income? You need a website. It’s THE way to make money while you sleep.

Starting a website takes less than 20 minutes, costs hardly anything and can be done. It only takes a bit of plugging on social media to get your first visitors, and there are plenty of ways to monetise your site.

My Business Update is just one example of a successful website, started at university by Emmanuel Worthwhile, which has since grown into a full-time and sizable enterprise.

 

2. Review websites & apps for cash

Well it seems like you’re pretty nifty with a web browser, so perhaps it’s time to turn pro and browse websites as a paid and fun job!

Introducing UserTesting.com – a new platform that pays everyday people to review all kinds of websites. Each review takes around 20 minutes and bags you $10 (£6.50) via Paypal.

Simply sign up, complete a test review and look forward to receiving websites in your inbox.

 

3. Affiliate marketing

If you’ve got a good presence on social media or perhaps you even have a blog or website, you can start bringing in money immediately by promoting all sorts of companies, products, services and offers online.

Sign up as a publisher on the Jumia orKonga network, check their offers blog or browse the merchant listings to find something you think your friends would be interested in, grab your affiliate link and share it. If someone buys (can be within up to 90 days) using your link you’ll make a nice commission.

To take it a step further, set up a website or a topical Facebook page and invite all your friends to join it and post your affiliate offers on there.

4. Write and publish a Kindle eBook

If students are good at anything, it’s researching and writing. With the Amazon Kindle store, anyone can publish an eBook and make money.

And the Kindle app is now available on almost any device (laptops, iPads, smartphones and yes, Kindles) so your global market is huge!

List your book for £1.49 – £6.99 and you earn 70% of the sale. Considering Amazon is the ultimate selling machine (and remember people are looking to spend), that is a fantastic deal.

The key to success with eBooks is to create value, and write non-fiction. Simply bundling information you have researched and complied on a common problem (eg. ‘secrets’ to finding a job) and then presenting it in an easy to digest format (an eBook) justifies someone spending a few quid on it.

Another big tip is to have a great cover designed so it stands out, and once your book is live on the Kindle store it’s really important to get some reviews so it shows up higher in results. Encourage readers to leave an honest review at the end of your book.

The best thing about this lucrative idea is that once you’ve invested the time (say 20 hours), you’ll earn a passive income for years to come! 

5. Review music for money

If you love music, make it your business by reviewing unsigned bands and artists online for cash with Slicethepie.

It can take a while to build up your reputation but some users of the site have said that they earn £40 a month. This may not sound like much, but if it’s something you enjoy then it shouldn’t be hard work and is another thing for your CV. Money you earn will be in $US but anyone can sign up and review.

 

One great way to make money is to buy other students’ text books at the end of the year, and then sell them just after freshers’ week – when the new intake of students know that they need them!

 

6. Buy and sell domain names

A domain name is just a website address (eg. ‘mybusinessupdate.com’ or ‘mysite.co.uk’) and there are lots of extensions (.com, .net, .co.uk etc).

They cost as little as £1.99 to register with  GoDaddy.com yet premium domain names can fetch £1,000s if not millions when sold on. In 2007 VacationRentals.com went for a cool $35m!

Now you’re probably not going to come across anything like that, but you can still turn a quick profit with a bit of searching. The trick is to find available domain names which have some commercial value, snap them up and then list them for sale on a site like Sedo.com.

7. Sell on your education!

Becoming a tutor to other students is easier than ever. Until recently your market was limited to local face-to-face sessions, but thanks to online tutoring sites you can go global!

Udemy allows anyone to create an online course (on literally anything!) and get paid forever after as users take it up.

Other Quick Ways On How To Make Money Fast

1.     Sell your photos

If you think you’ve got a good shot and a little creativity, try uploading your photographs for free to stock websites. A good starting point is Fotolia or istockphoto.

Make more money selling photo subjects that have fewer search results but you feel would have some demand. It might be a good idea to test them out in print first yourself.

2.     Rent out your car parking space

Some student accommodation comes with a drive or garage. If you aren’t using your parking space and you live in a busy area then you might be in luck. There are plenty of people that may work in the city centre and are fed up of paying through the roof for daily parking.

Advertise your space on Gumtree, Parklet or Just Park.

 

3.     Babysitting

It’s a classic money-maker, and for good reason. You get paid (well) to watch TV and not very much else – hopefully!

If you are wondering what to charge have a look at local ads, but you can expect to be paid over £8ph even if you aren’t trained in child care.

Aside from advertising yourself, it’s free to create a profile on Care Babysitting. It really can be easy money (unless you get stuck with the child from hell!).

In the UK you will need a DBS (Disclosure and Barring Service) check to look after small children, even though some parents may not ask for one.

4.     Dog walking & sitting

If babies ain’t your thing, then maybe canines are… looking after other people’s dogs is big business. Just think that as a student you’re likely to have free time during the day when others are out at work and worried about their pets at home.

You could bag around £7 an hour per dog, and it’s also a great way to keep fit.

 

5.     Become your own bank

 ‘Peer-to-peer’ lending is the future of banking. It cuts out the middle-man, passing on higher interest rates to you and cheaper loans to borrowers. And it’s all managed online from the comfort of your sofa.

Founded in 2009, RateSetter was the first to reimburse lenders on late payments or defaults through its ‘Provision Fund’. Effectively it is designed to be like a normal savings account. To date RateSetter say no investors have ever lost money, and they are fully FCA regulated.

Right now you can expect to achieve up to 5% fixed return, depending on how long you choose to lend for. If you can, go for the ISA account to earn interest tax-free.

There’s no fee to withdraw your money from RateSetter, unless you lock in to a 1 or 5 year higher fixed interest rate where the early withdrawal fee is 0.3% and 1.5% respectively.

Update: for a limited time also get this £100 bonus when you invest £1,000 for a year.

6.     Work as a charity collector

Ok so this job takes a certain kind of person, as you’ll have to take a lot of rejection and be persistent.

But if you are bubbly, personable and reckon you could sell ice to an Eskimo then this could actually be a great student money making idea. You get paid commission on new sign ups (typically around £20).

Have a look at Wesser as well as charity websites like Oxfam.

7.     Rent out your house for filming

Directors for TV and film are always on the hunt for houses to film in. For instance, a scene for Coronation Street was recently filmed in the student house one of the Save the Student editors used to live in!

Not only can you make good money but it’s crazy seeing your own place on TV. Start out by looking at this site.

8.     Rent out your body(modeling)

If you are comfortable taking off your kit then why not try life modelling. Sit there in the buff while budding artists capture your every curve (or pokey bits) in frightening detail! Try RAM, a website especially designed for these kind of jobs.

You could also get involved in clinical drug trials, but be sure you fully appreciate any risks attached.

Warning: Do not do anything you are not comfortable with, no matter how desperate you are for money!

9.     Freelance work

Perhaps you enjoy writing, managing Facebook pages or doing a little bit of graphic design in your spare time. There are so many freelance jobs out there that require simple skills or just time that someone else might not have.

And the best thing about freelancing is that you can work for clients in the UK and around the world with just an internet connection from home, to your own hours whilst developing valuable skills.

A great place to start is with the leading freelance site Upwork.com. Or try using our student job search to find freelance jobs closer to home.

10.  Sell clothes on eBay

Everyone’s best friend when it comes to getting rid of junk is eBay. Online auctions are a sure-fire way to turn that sleeveless jacket (which came in and out of fashion in a week) into hard cash.

Some eBay sellers look at trends and try to predict what will be big ahead of the market. If you are good and don’t mind taking a risk then you can buy early in bulk and sell on when the craze hits.

 

11.                       Sell your stories and videos

If you have an interesting story then you could try selling it to the papers. It could be anything from sleeping with a professional footballer to getting caught in a clothes horse!

One of the My business update team was unfortunate enough to have a pigeon fly through and smash their window at university and sold the story to The Sun for a tidy £50.

You could also film your mates at all times and send it into You’ve Been Framed to net yourself £250 and a few seconds of fame.

12.                       YouTube videos

According to recent stats we now watch more videos on YouTube than searches on Google. And with the recently introduced YouTube Partner Program you can now profit from making and uploading videos. You will receive a percentage of the advertising revenue collected per 1,000 views.

Depending on how successful you are (virality, subscriber base and topic) you can make a lot of money, and there are plenty of stories every week of more and more YouTubers making it their career.

 

13.                       Network marketing

Also known as Multi-Level Marketing (MLM), this is a business model that allows you to generate ongoing income in two ways: by making a commission selling products and by recruiting other members who go on to sell. The latter allows you to make money from the sales made by those you have recruited.

Importantly, this is not a pyramid scheme (they are illegal) because there is an end goal which involves a customer buying a product or service of value.

It’s also not a ‘get rich quick’ scheme. You will have to work I’m afraid! However with the growth of social media, network marketing is becoming easier and lots of people are now making a decent living from it.

This is a serious way of making good money on your own terms and it’s well worth reading up on it. 

 

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2 Comments

Add a Comment
  1. Paisa Dukan

    Heya i am for the first time here. I found this board and I find It truly useful & it helped me out much.

    I hope to give something back and help others like you helped me.

    1. Mybusinessupdate

      Wow, thank you!

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