Tried And Tested Ways To Make Money Online For Millennial

Today, World has shifted to online and now most millennials are trying to earn through their laptops only, leaving their day job. With a goal to be financially independent, any one of the mentioned ways to make money online can be what are you searching for.  

Here are the best legit ways millennial do make money online :

Create Online Courses

Nowadays there are courses available on everything you think about to from blogging to design, fitness to cooking and many more. If you are good at teaching and have any skill or you are an expert in anything, then you can also set up an online course and market it online. Since, due to digitalization, most people prefer to take online courses only.

You can provide some of the basic content of the course for free and then give a paid course ahead of that. This is a good way to marketing an online course used by most people.

Most people set up their courses through platforms like Teachable, Udemy, Skillshare, Ruzuku. Mostly, Teachable and Udmey are used for these purposes. You can choose among them by seeing their pros and cons through the internet.

This method is also a good source of passive income as an online course would be made once only and then income depends on the selling of it.

Online Tutoring

Another way is to teach people something you are good at or consulting people in guiding something. This is the latest trend in this decade, due to digitalization, mostly prefer to study online by a tutor live at their home as it is easy and comfortable.

Thus, if you are an expert in any field, people will pay you for consulting you or get tuitions from you to get knowledge of the field. This is different from online courses, which are available many in the market, online tutoring is somewhat one-on-one affairs or talk.

Your field can be anything from cooking to marketing, form sports to management. You just have to be an expert in whatever you choose and having some teaching skills would make you a good amount of money.

It can make you full-time income if your content and teaching skills are likable by the people.

Freelancing

Freelancing is the thing most of the millennials love to do. There are many people out there as a freelancer. If you have any skillset or if you can provide any service to the people, then you are ready to be a freelancer. There are always people searching for a man who can do work for them for a few hours or help them to complete a project.

It is the most liked option as it can be done from anywhere and at anytime as convenient to you. Thus, most people do this part-time and earn money in their free time.

Some of the top high demand skills for freelancing

1. Graphic Designing 
2. Web Development 
3. Video Editing
4. App Development
5. Wordpress Development
6. Logo Designing
7. Website Design

Rent Your Room Or Home On Airbnb

In every way, I suggested above, are about exchanging your time for money but this way can be the best way to make money for free.

You just have to rent your empty room or home to somebody and earn money without doing literally nothing. Most of the millennials are buying a home in new places and rent it on Airbnb. It really makes them a good amount of money.

It also depends on your geographical location, if you live in any tourist places then it would be better to rent your room or home on Airbnb. But if it is not at all tourist-centric place then the good decision is to give rent to permanent tenants, not on Airbnb.

Hence, it is one of the best ways to make your passive income.

Selling Your eBook

Another passive income idea is selling your ebook. You can write on anything like cooking guides, technology, self-help, travel guides, romance and many more and then only have to decide where would you publish it and marketing of the ebook is most important.

There are mainly two ways which people do to sell their ebooks. Either they publish on their own site. The benefit is that you can monitor all you process and collect all your information about your costumers, which helps you to sell your product, services or books later on. Second and the easiest way to publish your ebook on third-party sites like Amazon (Yes, it will take a commission on your sales).

Both ways have pros and cons of their own. Selling on your website would give you more money per book but selling through apps like amazon would provide you a large base of audience increasing sell of your ebook. It is totally based upon you what method do you choose to sell your ebook.

Selling eBooks is more of a passive income source as you just have to write eBooks at once and then sell it over and over.

Blogging

Nowadays, it seems like every second millennial has at least one blog. There are many who make full-time or part-time income as a blogger. You just have to choose a niche in which you are passionate about or you have to be an expert in that.

There are many ways to make money by blogging. Many people earn enough money through blogging to leave their day job and some are also making six-figure salaries. And also others with smaller blogs are earning hundreds to thousands of dollars in part-time income each year.

You have to be consistent and patient in making a blog to get results. It would be a tough time in starting off blogging but if you work hard you can even make passive income through it.
They can be the best legitimate source of income.

Youtube

It is mostly the same as blogging, only the main difference is your content has to be in the video, not text.

There are many YouTubers who make youtube as their full-time career. You just have to invest some of your time and your knowledge and you can become even famous through youtube.

You can easily show your talent or expertise field (singing, dancing, acting, anything), you can also become a consultant to guide in something you are experienced in, you can be gadget or technology geek, so, you can provide knowledge about it.

And also there would be an increase in the market of youtube. More and more costumers are coming on this platform, most people prefer to watch videos rather than reading text. 

So, it's high time to start a youtube channel.

Conclusion

There are many people who have already become rich by making money online only and as you know, the online world is getting bigger each day, it is high time to start making online or make an income source online.

Nowadays, there exist many ways to make money online but the above-mentioned ways are one of the best ways to make money online. Thus, do choose at least one of them to start with and start earning online.

If you do have any suggestions or have any tips that you think I should add-on, so, please write in comments.