If you’re like many people, you might not be where you want financially.

Studies show that as many as 40% of Americans would be unable to afford to pay a surprise $400 payment. On top of that, many others live as frugally as possible in case of emergency. 

However, making extra money isn’t as hard as many people make it out to be. The truth is that there are a plethora of ways to earn money online. These can help give you a more stable financial foundation, and in some cases, can even become your primary source of income. 

Let’s take a look at four different ways you can go about earning money online.

1. Teaching and Tutoring

If you enjoy working with children (or even adult learners), there are always many ways to make money through teaching.

The ESL industry is massive, and many companies hire people regardless of whether they have a teaching license. Oftentimes, all you need is to be a native English speaker.

If you’re well-versed in a particular subject, you can also look into tutoring other learners in it. 

2. Affiliate Marketing

Affiliating marketing is when you recommend or advertise a product or service to others. Depending on the medium you feel most comfortable with, you can do so through blogging, YouTube, or social media.

If you have a large following on a particular platform, you can make a lot of money through affiliate marketing. 

When combined with something like credit repair, affiliating marketing can transform your finances. Check out this site to learn a bit about credit repair prices

3. Create an Online Course

If you know how to do something that many other people are trying to figure out, consider creating an online course. You can then upload it to a platform like Udemy to help people learn.

Creating an online course is a form of passive income. Once you put it out there to the world, you can watch your income grow without lifting a finger!

4. Freelancing 

Freelancing is one of the best ways to make serious money online. You can start by using platforms like Upwork or Freelancer to find jobs, then eventually transition into pitching your own ideas to clients. 

From graphic design to blogging, the world needs freelancers in just about every field. 

When you’re first getting started, try using freelance work to supplement your primary source of income. After a certain point, you can then transition into using it as your primary source of money. 

Take Advantage of the Many Ways to Earn Money Online

Whether you’re hoping to escape the 9-5 or just want to make some extra money on the side, the internet provides you with a plethora of different ways to supplement your income. The key is knowing where to look.

Use this guide to help you take advantage of the many ways to earn money online. By trying out some of the methods mentioned in this guide, you’ll be well on your way to bringing home a sizeable chunk of change. 

Are you looking for more guides and tips on how to earn money online? If you are, make sure to check out the rest of our site for more great content.