Making Sense Of Cents

Learn how to make extra money, how to save money, how to start a blog, and more.

JOIN OVER 300,000
MONTHLY READERS!
  • HOME
  • BLOG
  • Make Money
    • best online jobs
    • passive income ideas
    • paid online surveys
    • How To Make $100 A Day
    • 80 side job ideas
    • More Extra Income Ideas
  • SAVE MONEY
    • Free Amazon Gift Cards
    • 16 Alternatives To Cable TV
    • best rewards credit cards
    • How I Paid Off My $40,000 Student Loans
    • More Money Tips
  • Categories
    • Income Reports
    • How To Save Money
    • Extra Income Ideas
    • Blogging Tips
    • Career Advice
    • College
    • Pay Off Debt
    • Retirement
    • Self-Employment Tips
    • Travel
  • BLOG COURSES
    • AFFILIATE MARKETING COURSE
    • MAKING SENSE OF SPONSORED POSTS
    • HOW TO START A BLOG
  • Contact
    • About
    • Contact
    • Advertise
    • Recommendations

Learning How To Create Passive Income Online

Last Updated: April 22, 2021 BY Michelle Schroeder-Gardner - 21 Comments

Disclosure: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you. Please read my disclosure for more info.

570 shares
  • Facebook20
  • Twitter
  • Reddit
  • LinkedIn
  • Email

How to Leverage the Digital Economy for A Better LifeHello! Please enjoy this blog post from a blog friend of mine.

Over the past few years, if you haven’t been hiding under a rock you will have witnessed the rise of the digital age overtaking the lives of children, teens & adults globally. From iPads, APPS, mobile devices and social media, everywhere we look, this new wave of technology is consuming our everyday actions and attention.

As unique and amazing as the internet is, a lot of us use it to benefit the smaller mundane parts of our lives. If you are unaware of how to leverage the internet world to benefit your bank account, then hold onto your laptop because I will expose how a complete newbie can take advantage of it today.

To begin with there is more than one way to leverage the internet and use it to gain prosperity without questioning your authenticity or values (spamming the heck out of people’s inboxes!).

Related content:

  • 75+ Ways To Make Extra Money
  • 12 Work From Home Jobs That Can Earn You $1,000+ Each Month
  • The Important Reasons You Need Multiple Streams of Income
  • 43 Extreme Things People Have Done To Make Money
  • 12 Passive Income Ideas

The benefits of being online is the lifestyle that comes along with it. As a full-time mother and digitalpreneur I have found balance in what I could never have thought was possible. A traditional business requires so much more investment (time and financial) than an online business and the perks of being online really does have a landslide of advantages.

I have found that the biggest benefit has been the balance of time with my children. I work when they are asleep or at school, I don’t feel pressured to watch my emails or marketing and know that I have a global customer base that is open 24 hours a day, 7 days a week, all year round. Keeping it active especially when I’m not.

Here are three basic ways to leverage the online world.

 

Blogging

Yes, I’m guessing you’ve heard this one and felt that you can’t provide value in a specific topic or niche or that you don’t know how to start one but have the passion and value to give. Either way, this is how people are creating an income from it.

Example: You create a pretty snazzy website, add amazing, high valued content and drive great, high targeted traffic to your site.

Advertisers see that you are popular within their targeted audience and approach you to add an advertising banner to your site, promoting their product. You charge a price and wallah, you just got paid. Add another 10 advertisers to that 1 and your bringing in some decent income. Alternatively, if you have a list of subscribers that trust you & the products you recommend, you may also suggest or promote products with a commission based deal from the advertisers.

Related: Taking Your Side Hustle to the Next Level: Tips For Success

 

Selling Your Own Product

This is where a lot of professionals are heading, online. If you have built a career offline and have decided to role it into a virtual product and sell it online, it’s probably the smartest marketing move you will make. You now have a global audience, open to take sales 24/7 and can communicate via video if consulting is needed amongst other virtual ways (emails etc.).

Obviously there is a lot of hard work creating a high valued product that people want to purchase plus knowing how to market it on the right channels, in front of the right audience.

 

No Product, Experience or Savvy Technical Skills

Did you know that you can become a reseller of products online? It’s called Affiliate Marketing.

You do not have to have your own product as mentioned above, you do not need to worry about refunds, sales, complaints etc. You have the same benefits too, no geographical barriers, open 24/7, global market and the list goes on. Marketing other businesses products online is as simple as this, choose a product, find the target audience, where they are virtually hanging out (Example: Facebook, Websites, Forums etc.) and market the product there.

All I recommend, is the right education to market products effectively and efficiently. You can absolutely make a smashing income by reselling high value, high or low priced products that have the extraordinary value to the consumer without giving yourself a restless or guilty night’s sleep. There are thousands of products online to resell, some that give you up to 50% commissions too.

These three options are some of many ways that you can earn an income online. It will always come down to educating oneself to enhance your market value and scope. Each individual whether you have a degree or not, product or lack experience CAN leverage this economy and all it has to offer. This new era of digital craziness will not slow down and is most definitely not a fad.

Empowering yourself with the right knowledge and support will always help you conquer the start-ups of these endeavours but it is not impossible for the complete newbie to take control of it.

Written by Violet. Founder of OnlineMummies.com. To find out more about affiliate marketing and passive income, click here now for more information.

Related Posts

  • How To Prepare for Self-EmploymentHow To Prepare for Self-Employment
  • How can interest rates affect my savings?How can interest rates affect my savings?
  • Are Your Excuses Making You Broke And Unsuccessful?Are Your Excuses Making You Broke And Unsuccessful?
  • Unhealthy Habits That May Be Making You PoorUnhealthy Habits That May Be Making You Poor
  • Blogging Changed My Life – Could It Change Yours?Blogging Changed My Life – Could It Change Yours?
  • $940 in Extra Income, Life Updates and 2013 Goals$940 in Extra Income, Life Updates and 2013 Goals
570 shares
  • Facebook20
  • Twitter
  • Reddit
  • LinkedIn
  • Email

21 Comments
Filed Under: Extra Income, Writers2

About Michelle Schroeder-Gardner

Michelle is the founder of Making Sense of Cents, a blog about personal finance and traveling. She discusses how her business has evolved in her side income series. She paid off $40,000 in student loans by the age of 24 mainly due to her freelancing side hustles. Click here to learn more about starting a blog!

Comments

  1. Alexis says

    December 20, 2015 at 3:44 pm

    I am very interested in making money online. I’m currently trying my hand at blogging! 🙂

    Reply
  2. Sarah says

    December 20, 2015 at 3:48 pm

    How do you currently make money online?

    Reply
  3. DNN says

    December 20, 2015 at 6:22 pm

    Michelle,

    Many working people today are still not hip to the money they can earn alone from blogging. It can truly change their life. Making money online in affiliate marketing and blogging is for everyone that believes and strives to “do the transformation work.” Agree?

    Reply
  4. Pamela Gurganus says

    December 20, 2015 at 7:10 pm

    I’ve often thought of starting a blog to make income, but thought I had to be internet and more computer savvy to do so, but was so glad to have read this motivating post! Thank you for sharing!

    Reply
  5. Betsy Barnes says

    December 20, 2015 at 8:08 pm

    Very interesting article. I have been thinking about doing one of these, going to explore these closer for the new year 🙂

    Reply
  6. Mark Warren says

    December 21, 2015 at 7:22 am

    wanna make money online too

    Reply
  7. Alina says

    December 21, 2015 at 9:01 am

    For the past couple of years, I’ve been thinking about starting my own blog. It appears to work if you put forth the effort.

    Reply
  8. Rasyied says

    December 21, 2015 at 5:43 pm

    I’ve been trying affiliate marketing for three months.
    but i’ve found it hard to success 🙁 no sell a thing yet 🙁

    Reply
  9. Sean says

    December 22, 2015 at 2:00 pm

    These are wonderful for tips and have motivated me to see what’s out there.

    Reply
  10. veronica lee says

    December 24, 2015 at 9:13 am

    Everyone around me seems to be making money online one way or another.The internet certainly is a goldmine of the 21st century!

    Reply
  11. Arra Odeza says

    December 25, 2015 at 1:37 am

    Internet could be our source of income if we know how to use it wisely

    Reply
  12. Sara says

    December 25, 2015 at 2:42 am

    Very interesting

    Reply
  13. Judy Thomas says

    December 26, 2015 at 2:31 am

    Very useful tips, thank you 🙂

    Reply
  14. saegan anderson says

    December 26, 2015 at 4:23 am

    Making money while blogging would be an interesting way to make money…getting a strong following is hard though

    Reply
  15. Treen Goodwin says

    December 26, 2015 at 8:11 am

    very interesting , thanks for sharing , i will be looking into it 🙂

    Reply
  16. Dovile says

    December 26, 2015 at 3:52 pm

    Thank you for the giveaway 🙂

    Reply
  17. Sanaa says

    December 26, 2015 at 4:05 pm

    Would like to win

    Reply
  18. Jesse Gernigin says

    December 27, 2015 at 1:45 pm

    All great points. And you are right about running a blog!

    Reply
  19. Leigh Anne Borders says

    December 27, 2015 at 11:34 pm

    Thanks for sharing these tips. I am trying to blog more and hope that will be beneficial at some point for me.

    Reply
  20. Richard Hicks says

    December 28, 2015 at 6:17 am

    I would like to give it a try. Would be a little extra income.

    Reply
  21. Molli Vandehey says

    December 28, 2015 at 9:08 pm

    asa disabled person, the digital economy and social media really increase my chances at success.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Making Sense of Cents welcome page photo
Hello and welcome!
My name is Michelle and I'm the author/owner of Making Sense of Cents. Learning how to save money and make more money changed my life. It allowed me to pay off $40,000 in student loans, start my own business, and I now travel full-time.

As Seen On

as seen on
How To Start A Blog
making sense of affiliate marketing for bloggers
My Monthly Online Income Reports
My Student Loans Are Gone - How I Paid Off $38,000 In Student Loans
How To Prevent Financial Fraud From Happening To You
Buying a House at 20 (How I did it)
How To Make Money Blogging Picture
How To Save 50% Or More Of Your Income Picture
How I Graduated From College In 2.5 Years With 2 Degrees AND Saved $37,500
75+ Ways To Make Extra Money

 

HOME
ABOUT
CONTACT
FREE FB GROUP

PRIVACY POLICY
TERMS OF USE
DISCLAIMER / EARNINGS DISCLAIMER
Copyright © 2011 - 2023. All Rights Reserved.

© 2023 Making Sense of Cents
Design by Lennox Creative Co.