10 Legit Ways To Make Money Online In 2020
Have you ever wondered how you could make a part-time or
fulltime income online, legally of course, I am going to show you 10 practical
ways of making consistent money online. The following ways do work 100% in 2020.
Hold on while I take you for a get-rich-online ride. Be sure to enjoy it.
1. Online Surveys
Online surveys are huge in 2020. It’s a form of market
research. Companies spend millions of dollars to test a product and determine
if anyone out there really would buy the product or service. An untested idea
is a bad idea!
There are a lot of survey companies online that pay a
generous chunk of money for surveys. You can also jump on the train and make
yourself some money by doing surveys. Most firms pay in cash or gift cards or
points which can be redeemed.
However, be on the lookout for fake surveys because most of
them are not legit and do not pay!
The following companies are the market leaders and most trusted
in this sector and would you ever consider getting into online surveys, join
one of the big boys.
Swagbucks is a first choice with over $600 million in
payouts over the years, they want to know what you think about certain products and services and in return you get paid!
2. Free Matched Betting
First unlike normal betting, free matched betting is by no
means gambling-there is no risk involved! It’s just a combination of legal
loopholes and basic maths! Betting companies regularly offer free bets and
bonus to get new customers and encourage existing ones to take one more bet.
You know the language,” bet 50$ and get a free $50 bet.” Or “join us and get a
free $10 bet”
Well, these offers allows you and me to take advantage of
them and eliminate the nominal risk by placing risk free matched bets covering
all betting outcomes- now that’s free money!
In a nutshell matched betting
allows you to profit from any bookmaker’s free bet or bonus offer, withdraw
your profits and then move on to the next bookmaker that’s offering you a bonus
to repeat the process.
3. Online Trading
Online trading is speculation on the financial markets and
make educated guesses on the next or impending move of a currency, stock and
commodity using clearly defined methods and strategies.
In basic terms you sell a financial instrument you think will
drop in value/price and buy the one you think will gain in price. That’s
selling high and buying low.
However as easy as it may seem, this particular way of
making money requires you to first invest in yourself by studying the markets
or find someone who can show you the tricks in this trade or engage in copy
trading- let an experienced trader do the heavy lifting and benefit from his
experience and knowledge.
Want to learn? Well you can start here!
Want to learn? Well you can start here!
There are platforms to do that, the first is Exness-
who have the best copy trading service in the world.
4. Affiliate Marketing
Affiliate marketing is huge in 2020! It’s a type of performance-based marketing
in which a business rewards one or more affiliates for each visitor or customer
brought by the affiliate's own marketing efforts.
In layman terms,
you become a publisher and get commission for every sale or lead you make for
the products you will be promoting. You can use a numerous way to promote these
products and services all for free.
There are a
handful of platforms where you can become and affiliate and promote products
and services for a commission and make money while you sleep and dream about
how wonderful your life is becoming.
You might
want to start with amazon affiliates in your affiliate journey. You get a
commission for any amazon product you help sell!
5. Run Your Own Website
Owning and running your own website can make you a generous amount
of money.
There are a lot of ways you can monetize your website and the following are a few I have chosen for your consideration in 2020
There are a lot of ways you can monetize your website and the following are a few I have chosen for your consideration in 2020
You can use web hosting sites like bluehost, wordpress and wix to start your free website today and monetize your traffic.
· AdSense
You can register for google AdSense so google can display
Advertisements on your website and you get paid in return. There are few
conditions you have to satisfy though before your site can be accepted for this
service.
· Affiliate Marketing
You can use your website to help yourself promote bother
companies’ products by means of reviews and testimonials on your website. This
can be a very lucrative way of monetizing your traffic in 2020.
· Promoted Ads
You can also get paid by doing promoted adverts on your
site. This is where you get paid by a certain company to do a positive review
of their product.
· Selling Your Own Products
You can sell your own proprietary products or courses on
your website and make yourself some good money! This can be an online course, a
downloadable eBook or any product you can think of!
6. Write and Publish a Kindle eBook
Write and sell a kindle eBook on amazon! Follow the
following steps and get to earn some money online through amazon:
·
Create an Amazon KDP account, the first thing
you need to do is open a Kindle Direct Publishing Account with amazon
·
Add your eBook to the bookshelf
·
Upload your eBook
·
Confirm your pricing and royalty options
·
Wait for your eBook to be published
7. Freelancing
As a freelancer you work on yourself. You get to find clients or
jobs via different resources such as freelance platforms. You can also find
jobs in Facebook groups and on LinkedIn.
Freelance platforms
like fiverr, Upwork, freelancer and Envato studio are the best platforms you
can start with in your freelancing endeavor in 2020.
8. Sell Your Notes
If you don’t mind sharing your notes, you can make yourself
a little extra money by selling your notes to other students in 2020.
There are sites on the web that let you upload your notes together with your price and when another student downloads them you get paid!
There are sites on the web that let you upload your notes together with your price and when another student downloads them you get paid!
You can upload your handwritten notes though typed ones will
be ideal!
Sites like nexus notes and stuvia are free but take a cut
from your profit for the marketing work they do because you don’t need to
promote your notes on your own.
9. Domain Buying and Selling
Domain names cost as little as $0.99 and can be sold for a
lot more depending on the domain value!
The following are examples of domain names that were sold
for very big sums of money, though I am not suggesting that you will sell your
domains for that much too.
ü
CarInsurance.com - $49.7 million
ü
Insurance.com – $35.6 million
ü
VacationRentals.com - $35million
ü
PrivateJet.com - $30.18 million
ü
Voice.com - $30 million
Sell Your Photos
Are you into photography and you have a very rich gallery?
If yes then selling your photos online can make you a little extra buck.
There are platforms and websites where you can sell your
photos online and make some money online.
The following are our 5 recommended sites for you to
consider selling your photos on.
These are the top 10 ways to make money online in 2020 according to the MoneyChaps! Choose one that bests suit your person and be sure to join other people making part-time or fulltime money online. No more excuses!
Share and lets keep the discussion going, let us know of some ways to make a cool bucks on the internet!









