9 Simple Ways To Increase Your Monthly Online Income for 2020

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The harsh economy has made everyone have the thirst of doing all sorts of things to earn money. Some people go out of their way to do labor-intensive jobs so that they can get money. However, did you know that one can earn money at the comfort of their home? Yes, it is possible through online jobs. It doesn’t matter if you are a student or someone with part-time jobs. Many people have been earning through online business, but did you know that there are faster ways of making more money online. The following are the ways that you can increase your monthly online income.

Open a high-yield online savings account

Most people save their money in the savings account. However, most of the saving accounts yield low interest. Did you know that the interest rates of online savings accounts are twenty times higher than the national average? Moreover, online banks offer their new customers a massive deposit bonus. The only thing the customers have to do is to have a minimum balance held to unlock the bonus. After one to three months elapse, you can now withdraw your cash together with all the deposit bonuses. By doing this and your online business, you will find out that you will be earning so much more monthly.

Sell old items online

Most people think that since something is old, it has no value. That is where you go wrong. People have been earning money from selling their old stuff. Apart from that online business, you are doing try making more by selling old items online. There are a lot of sites that you can use to sell different things. If you want to sell old textbooks and used goods, you should opt to choose Amazon. If you have something that you think might be hard to sell and you prefer auctioning it, eBay will assist you with that. You can use Gazelle to sell your old phones. Lastly, if you are an artist and you want to sell your arts, Etsy will come in handy for you. Instead of depending on your one online job, you can earn more by doing this.

Do online paying surveys

Did you know that you can be paid for your opinion? There are online surveys that have made many people increase their monthly income. There are a lot of market research companies that want to know about consumer trends or the spending habits of consumers. Therefore they give surveys to different individuals so that they can learn how to market their products better. That is where you will earn from those surveys. The best survey site you can use if you are a beginner is Swagbucks. What you will do is register, complete surveys, and earn rewards and then get paid. They give new members a free $10 bonus for signing up. Stop being idle and start doing these surveys to increase your monthly income.

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Get your cash back when shopping online

It may sound funny, but it is true. You can by something with your money and get some of the cash that you used back. It is possible by shopping online using cashback apps that reward you for shopping online. It is more than the discounts that you get when you buy things in supermarkets or stalls. You can use apps like Rakuten that give newbies a $10 bonus for signing up. This way is the simplest way of earning more monthly without working since you will only need an email, and you are good to go.

Losing weight

As ridiculous as it may sound, one can earn money by losing weight. While there are those apps that are created to get you to spend more money, there are those that earn you more free money. There are companies like Sweatcoin that have come up with apps that record your physical activity data and pays you for it. You will have to download the health apps on your phone so that Sweatcoin apps can sync with them. You will be collecting points for daily activities such as running and any other workouts. Every point has a cash value that you can redeem by withdrawing them through PayPal. Instead of sitting idle increasing in weight, use this app, and increase your monthly income by losing your weight.

Blogging

Blogging is not simple, but it pays off. Starting it requires patience and perseverance, but it will come to earn the money that you won’t believe. Most people have replaced their full-time jobs with money blogging. You need first to create your website and monetize it. If you do not know how to create one, you can hire a website designer to do it for you, and you can start having your blogs. It helps you connect with different people around the world on topics that you have passion for and make money out of it.

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Through influencer marketing

Did you know that you can earn more money by sharing your story on Instagram? Many people have gained from their Instagram accounts. Companies are looking for influencers to promote their brands. You can use the influencers to market yourself or be the influencer. Therefore if you have many followers and have a particular interest, positively use your Instagram and turn your audience into cash. By doing this, you will increase your monthly earnings rather than being idle and entirely depending on your online business.

Become a virtual assistant

Many people have earned a lot of money from online writing and proofreading. However, not everyone has expertise in that sector. There are other ways you can make more money by becoming a virtual assistant who is more administrative or data-oriented. Many companies are looking for virtual assistants to carry out activities like booking travel, answering emails, and many more. By doing this, you can increase your monthly income.

Teaching English online

Have you ever heard of sites like VIPKID? If you have a bachelor’s degree in English and you have experience tutoring it, you can start earning through teaching it online. You only get to teach for about 90 minutes and earn an income of up to $500 per month.

Why not take advantage and start earning more online by using one of the above ways.

 

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