There are about 47 million millionaires globally, but most of them did not get there by chance; if you want to make that list, you need to work for it! As 2020 continues to hit us with uncertainties, now may be the best time to think about finding additional sources of income.
Eventually, the storm will blow over, and you will be glad you did. Do you sometimes think about other alternative ways to make money? If yes, then these four money-making strategies (which you have probably never thought of) may well be worth a try.
Answer questions on JustAnswer
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Many people are looking for expert views and answers on some subjects. If you have such knowledge across certain fields, why not monetize it with JustAnswer?
The JustAnswer platform allows professionals such as medical doctors, law experts, engineers, and other gurus who have enhanced expertise in their subjects, to share by answering questions. They can earn money by doing so and share their skills to a community of learners in the process. Even though you may not make millions at once, you can at least make a couple of bucks in your spare time.
Sell your photographs
Are you photogenic and good at taking epic shots? You could make money selling your pictures on Shutterstock and iStockPhoto. In the online age of blogging, photos have become great assets. If you invest in a high-quality digital camera, you can start a photo-selling business.
Instead of uploading your pictures to social media for free, earn passive income by selling them to buyers. Not good with the camera? One way to also make money selling pictures is to hire photographers to cover important events such as weddings and birthday parties, as photographs from such ceremonies are usually sought-after.
Take online surveys
One strategy used by people (mostly students) to earn extra income is taking online surveys. Thankfully, there are many companies out there who always recruit people to respond to their surveys and test their products. Some surveys pay as high as $5 for your opinion.
As long as you have a good internet connection and a smartphone, you can fill online surveys from companies like Swagbucks and Survey Junkie. Furthermore, if you prefer to shop online, you can make more money on Dollar Dig by buying items through their website.
Buy and sell domains
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A domain simply refers to a website name such as Google.com. There are also domain extensions such as .net and .co.uk. Registering a domain name on GoDaddy, for example, costs less than $1/month, but if you own a catchy domain, you can sell it for thousands and millions of dollars!
In 2007, for instance, the VacationRentals.com domain name was sold for a whopping $35 million. Find and register a commercially valuable domain name and make fortunes selling it on websites like Sedo.com.
The bottom line is that making money is not always rocket science. If you dream about financial security, you can achieve it through simple strategies such as those above.