4 Ways to Make Money Online.At home 2023

 

The sting of inflation may have you contemplating strategies to generate additional income. If you have the time and energy, you can leverage your skills and interests to embark on a side hustle.

NerdWallet has compiled a list of 25 legitimate ways to make money from the comfort of your home, online, or by pursuing opportunities outside. Each potential side job comes with specific details about the requirements for getting started, age restrictions, and the speed with which you can expect to receive payment. While the majority of individuals aim to make money quickly, it's important not to dismiss the "slow" gigs, as they may offer greater long-term earning potential.

How to make money online

Making money online is highly sought after in the gig economy. Whether you aspire to become a successful social media influencer or simply wish to supplement your regular income with online side jobs, we have identified some viable options for you.
A man makes money online with freelance work.

1. Engage in freelance work online

Earn money online by utilizing websites like Upwork, Fiverr, and Freelancer.com. These platforms provide opportunities to undertake various freelance jobs such as writing, programming, design, marketing, data entry, and virtual assistance. If you are fluent in a second language, you can explore sites like Gengo or Blend Express, or even establish your own online presence. Irrespective of the type of freelancing you choose, it's crucial to keep track of the prevailing rates for your specific line of work so that you can accurately determine your fees. Learn more about getting started on Upwork.

According to a recent report from Freelancer.com, creative writing jobs experienced the fastest growth in listings on their platform during the second quarter of 2023, with a 58% increase. While generative artificial intelligence (AI) is increasingly being employed for content creation, it cannot completely replicate the work of human writers. Companies are actively seeking writers who possess expertise in editing AI-generated content and possess at least a basic understanding of search engine optimization. Enhancing your SEO skills or acquiring them can be a lucrative side hustle. Some freelancers are charging $100 or more per hour for their freelance writing services.

Total time: It might take some time to secure your first gig.
Setup: Approximately 24-48 hours.
Ease of starting: Relatively easy if you possess the necessary expertise.
Payment processing speed: Varies depending on the platform.

2. Test websites and applications

Another avenue for making money from home is through websites like UserTesting.com. You will be compensated for providing your insights on the usability and functionality of various websites and applications. To be accepted, you will need to complete a brief test, and payment will be based on the type of test undertaken.

Total time: Approval time may vary.
Setup: Less than an hour.
Ease of starting: Straightforward, provided you have the required technical equipment and complete a sample test.
Age threshold: 18 years and above.
Payment processing speed: Within seven days.

3. Acquire proficiency in using AI tools

The use of generative artificial intelligence is on the rise, with a recent report by PwC estimating that the North American economy will experience a $3.7 trillion impact by 2030, thanks to the AI market.

Consequently, there has never been a better time to learn how to make money by utilizing AI tools. Some AI-related side hustles include:

- Incorporating AI tools as a freelancer to assist in the creation of digital products or editing AI-generated content for clients.
- Enhancing your advertising, marketing efforts, and management of your existing small business through the integration of AI tools.
- Teaching others how to effectively utilize AI tools.

Total time: Dependent on demand.
Setup: Around 24-48 hours if using platforms like Upwork or Freelancer.com.
Ease of starting: If you are already familiar with AI tools, getting started will be relatively easier.
Age threshold: 16+ for Freelancer.com and 18+ for Upwork.
Payment processing speed: Varies based on your clients or the number of products you sell and the chosen platform.

4. Participate in paid surveys

You can earn money from the comfort of your home by participating in online surveys. However, it is important to keep in mind that the potential earnings are typically not substantial. Survey sites usually offer rewards in the form of gift cards rather than cash. Some popular survey sites include Swagbucks and Survey Junkie. Read our analysis of survey sites to determine which option is best suited for you.

Total time: It will require a considerable amount of time.
Setup: Just a few minutes.
Ease of starting: Very easy. Simply register and commence.
Age threshold: 13 years and above.
Payment processing speed: Varies depending on the site.