If you are dreaming of making easy cash, then you might be glad to know you can make money without lifting a finger. Sometimes, you need to do something once and watch the money come in. Or you can make passive income paid to you directly by others for providing a service.
Advertise for Other Companies
Advertising is one of the greatest ways of making money with no effort. And there are many ways you can do it that you may not even have thought of. For example, companies like MyCar will pay you for advertising them using your own vehicle. Vehicle advertising can be as simple as a bumper sticker or as complex as a full-body wrap. Additionally, you can erect billboards on your property that advertise local businesses, which works well if you live on a busy road.
Use Savings Accounts to Make Money without Lifting a Finger
You can make money with online banks, neobanks, and credit unions that offer high-yield savings accounts. These are funds with a higher annual percentage yield than normal savings accounts. This is among the best ways to save money so that it grows the fastest. When you use these types of bank accounts, your money starts to work for you instead of just sitting in a normal account. Based on how much you put in, you can save a lot of money over time.
Write eBooks and Sell them Online
Writing eBooks is a tried-and-true way to make money while you sleep. And if you do it right, you can make a lot of money from just one book if you do it right. Kindle is the easiest platform to use and is used by the most people. With Kindle Direct Publishing, you get 70% of the price of each book you sell as a royalty. If you price your book at $1, you will get $0.70 for every sale, which is good for smaller books. You can make more money with more comprehensive books.
Monetize Your Existing Blogs
You can make your blog work for you if you have one. You might not know that a blog that does well can bring in a lot of money. So, if you already have a lot of traffic, you are wasting it if you don’t make money from your blog. Here are some of the best ways to make money from a blog:
- Using affiliate marketing links where relevant in your posts.
- Accepting blogger outreach/collaborative posts for quick cash.
- Placing paid adverts across your site.
- Creating a member-only section with access to extra content.
- Asking for donations from users who browse your site.
All of these methods are very simple to use. You can also have Google AdSense put ads on your site for you. Then, you’ll get paid based on how many people visit your site and click on ads. Which can add up to a lot if you already have a website with a lot of visitors.
Go All-In on Sponsored Social Media Posts
Sponsored posts are when an influencer or celebrity posts on social media about a product or a company that they have been sponsored to promote. But it’s not always easy to become a paid sponsor. You have to be pretty active on social media, have some things in common with your sponsor, and make content that fits with a certain brand. But if you do it right, it can be a good way to make money since sponsors know you can help them sell a lot more.
Make Money without Lifting a Finger by Renting Property
If you have an extra property that you could rent out and don’t, you are losing out on money. No matter how big it is, someone somewhere could use it. You can rent out anything from a parking spot in front of your house to an extra bedroom or even your whole house. When you rent out a place to live, you have some legal responsibilities. But once you’ve taken care of the basics, all you have to do to make extra money is collect the rent every month.
Use Your Skills for Consultancy
If you have special skills in a certain area, you can get paid for them. So, if you are an expert in a certain field or profession, people will pay you to give them advice. For example, you can get paid to talk about personal finance, search engine optimization (SEO), or even medical training. You can usually charge by the hour, and the average consulting fee is around $200. If you have more experience, you might be able to charge more. Not a bad job if you can market yourself.
You can use your car or property to advertise a business, monetize your blog in numerous ways, and pass on your skills and knowledge. You will make money without lifting a finger.