Looking for great ideas on ways to make extra money from home in 2020?
You are not alone!
In this day and age, a lot of people are looking for extra income opportunities. This is why I want to stop by and share with you my top best ways to make extra money from home in 2020.
But first and foremost, let me clear a point.
Studies have shown that most people spend their time reading blog posts than taking action.
However ACTION matters. And this is one of the reasons we named our website Motivation For Actions For Change!
So before we get into the meat of the best and legit ways to make a side income online, I want you first to make a commitment and decide which route to take or to choose by the end of you finish reading this post and stick on it.
That being said, lets’s dive in.
10 Top best ways to make extra money from home in 2020
1. Do affiliate marketing
Affiliate marketing is the process of selling other people’s products or services for a commission.
It is the easiest, the popular, and the lucrative way to make money online and from the comfort of your home.
And what I like about affiliate marketing is that:
- The start-up cost is low compared to a brick and mortar business that requires thousands of money. In fact, you don’t need to create your own product or service. That keeps your start-up costs lower.
- Affiliate marketing is also a great way to make passive income and your earnings potential is not limited
In fact, people like Michelle Schroeder-Gardner are making $100, 000 on a monthly bases doing it. You read it right – it is not a typo – six-figure income per month. I know that it sounds too good to be true, but it is the fact.
And you can do it too. Your decision or choice and what you do about it is what matters!
To get started you just need a laptop, Internet connection, and a website if you want to build a sustainable income.
And yes, you also need to learn the basics of affiliate marketing. This is what makes the difference between those who succeed in this industry from those who succeed not.
Check out our top best affiliate marketing training course for 2020 to find out which course fits your need to get started.
Or check out our #1 picked affiliate marketing course here to get started.
2. Start a dropshipping business
Dropshipping is another best way to make extra money from home even if you are a full-time worker or a student. Just like affiliate marketing, you don’t need to create your own product or service to get started. And you don’t need any room for inventory.
In case you are wondering how much money you can make doing dropshipping, let me say that your earnings potential is endless. The sky is the limit. People like Matthew Lepre and Kevin Princeton are making a six-figure income on a monthly basis with their dropshipping business.
To get started, you just need a good supplier and tools like Shopify to run your business. You have also the choice to build your dropshipping store using WordPress and a plugin like Woocommerce.
3. Start a blog
Blogging is my best friend when it comes to making extra income from home.
It offers you countless ways to make money online.
In fact, with a blog, you can make money with AdSense, sell your own products, or other people’s products for a commission.
And the best part you can turn it into a full-time career over time.
Companies like Copybloger, Sumrush started in this way. Not to mention a blog or website is an online real estate you can sell in the future for profit if you want.
And yes, 2 post a week can make you $11 000 after just a year easily.
Don’t trust me? The truth is here.
4. Offer coaching service
Starting a coaching business seems daunting for most of us.
However, each of us can be a help for someone. What have you accomplished in your life while people are struggling with it? Think about it!.
If you have expertise in a specific field, you can start a coaching business. Chances are if in your professional career you acquired professional skills and you might have acquired experience in a specific area of your life.
Why not use it at your advantage? This is a great way for you to Monetize your expertise or skills while helping other people hit their goals or feel better in their life.
To get started, you just need to choose a niche where you are knowledgeable and can offer value, create a website you will link to other coaching tools to sell your coaching service.
Based on your field and your experience level you can charge $100 – $250 per hour and per client.
5. Start a membership site or sell online courses
One of the best ways to make extra money from home is to start a membership site or sell online courses.
some people nowadays are looking to improve their skills and to learn new things that can help them expand their businesses or improve their lives. And this is a great opportunity to make money online if you have experience in a field where there is a market demand or a gap to fill.
The rookie mistake people make is thinking you need to be an expert in order to make money with a membership site.
However, you just need to be smart. What people need is something that solves their problem or eases their pain. And since you are good at it, your product can be a good fit for them.
Just keep in mind that your product must be of high quality. If you sell crap just to make a buck, you’re going to fail because no one will buy your product or service.
To get started, use Keyword research tools like Jaaxy to find out what problem people are looking for a solution in your niche and create an online course that can resolve this problem. And then promote your course to attract your customers.
6. Start a website flipping business
One of the best ways to make extra money from home is website flipping.
In case you don’t know what it is, website flipping is the process of buying and selling websites for profits.
You can buy an existing website that already has decent traffic and generating money, improve its value, and then sell it for a higher profit margin on a marketplace like flippa.com.
You have also the option to develop one from scratch and then sell it later. This is the best way for you to test the water of this business model without taking too much risk.
7. Become a freelance writer
In today’s growing world, opportunities are endless. You can get paid for your writing skills thanks to freelance sites such as Fiverr, Upwork, Freelance.com, Flexjob, or any job portal website.
This is also a great way to make extra money for your writing skills and from the comfort of your home doing what you love (writing).
Whatever if you are a full-time worker or just a student this is something you can do in your spare time.
To get started, sign up with job portal sites, create your gig, and start promoting your gig to business owners or your targeted market.
You can charge clients $150 -$250 and even more per article. But if you are just starting out, $5-$150 will be fine. Depening on the type of Content writing, as there so many categories. Eg. B2B Copy writers, are in a very high demand by companies. And the pay is huge.
Another way to start bagging clients is to create a website that will help you showcase your writing skills and attract clients on it and sell your writing skills to them.
8. Complete paid surveys online
A Survey site acts as a middleman between companies or manufacturers and people who are willing to offer their opinion for cash (generally it is the company’s targeted audience that can take the survey).
Companies use these sites to get their targeted audience honest feedbacks in order to improve their service and product and make more money.
A great way for you to make a side income for your opinion in your spare time. Right?
If you want to get paid for your opinion, here are the best paid surveys sites you can join today and start earning money from home.
- Survey Junckie,
- Survey Savvy,
- Price rebel,
- Inbox Dollars.
9. Become Websites and Apps Tester
There are websites like usertesting.com that offer websites and Apps testing service to people who are looking to make extra money on their spare time testing companies’ websites or Apps.
If this idea is new for you, you may be wondering how you can get paid testing a website or an App.
Let me explain a bit how it works so that you can see if this way to making extra money online and from home fits your needs or not.
Just like Survey sites, companies use these third parties services to get honest feedback from their targeted market in order to eliminate bad user experiences and improve their service for good performance – that leads to more money for them.
If you want to get paid for your honest feedback site like UserTesting.com is a great choice.
As a tester on UserTesting.com you can make an average of $3 – $60 per test according to the test duration.
But to be accepted as a tester you need to be at least 18 years old and you will also have to pass and qualify a short test.
10. Write and sell eBooks online
I know writing and selling eBooks seems daunting for many people.
However, even if you at not good at writing you can have your own eBook you can sell and make passive income on the side without crafting a word. What I mean is that you can outsource your eBook content. Just go to Fiverr to hire a freelance writer to do the hard work for you.
To get started you just need a profitable eBook idea. That means an idea that solves a problem or meets a need.
And thanks to online tools like keyword research tools you can easily find an eBook idea. And then use sale funnel builder tools like Systee.io to start your eBook publishing business on the side and start making extra income from the comfort of your home.
My final though
There are countless ways to make money online and from the comfort of your home. Whatever you are, a student or a full-time worker, stay home mom or dad, retired worker, you can use the Internet to make extra income to improve your living conditions without leaving your home.
In this post, we gathered 10 top best ways to make extra money from home you can choose and get started.
I hope you’ve enjoyed reading this value-driven post.
Personally, affiliate marketing trough blogging is my best pick.
Tell me in the comment section below, which one is the right fit for you?
To your success!