10 Effective Ways to Make Money Online in 2021

Updated: January 7, 2021

When my previous post on how to grow your wealth in 2021 came out, I received several messages asking for ways to make money online this year.

After all, creating a source of income was one of the pieces of advice I gave in that article. And with the ‘new normal’, it makes good sense to try earning through the Internet today.

Today’s post is a quick rundown of effective ways you can make money online in 2021 (and beyond).

I hope this list will give you an idea of which to pursue, and later on help you in generating additional monthly cash flow.

Make Money Online in 2021

1. Sell something online.
Buy and sell essential items, like soap, alcohol, or face masks. Sell baked goodies on Instagram. Try asking your social media friends what they often need, find a supplier for that item, and then sell those to them.

2. Sell digital products.
Write an ebook. Create stock photos and videos. Offer document templates. Sell white-label content. A friend recently made good money by selling a list of inspirational quotes, which social media managers and digital marketers often need.

3. Be an online freelancer.
The most in-demand online jobs are writing and translation, graphic design, digital marketing, virtual assistance, and programming. If you have these skills, then all you need is to find clients.

4. Do online work.
There are online jobs that don’t require expert skills. You can work as a data encoder, survey respondent, software tester, email reader, file sorter, among others.

5. Be a content creator.
Write a blog. Start a Youtube channel. Create a podcast. Do live streaming. Grow your social media following. Later on, you can earn from sponsorships and advertisements, or sell your own products through your content.

6. Start a website.
Build a virtual forum. Launch an online magazine. Create an online store. It requires some technical skills, but you can always hire someone to do it for you.

7. Create an app.
Launch a mobile application. Develop web-based software. Offer an automated online service. Again, this would require technical skills, which you can always outsource. What’s more important is that unique idea that you have.

8. Teach and help others.
Offer mentoring or coaching services. Launch an online course. Start a virtual consultancy business. Be a resource expert and offer your services as a speaker or trainer in corporate online events.

9. Earn from the financial markets.
Be a stock trader. Try your skills at forex trading. Go into commodities, precious metals, and/or cryptocurrencies. Explore global markets. The learning curve is reasonably shallow for becoming an equitable trader.

10. Be an affiliate.
Study affiliate marketing. Or simply, promote products or services that give cash incentives for referrals. A lot of apps and software offer this. Or, just help a friend sell their products in exchange for a small commission.

There are more ways to make money online.

I gave you ten general methods to earn from the Internet today. You can choose one and do a deep-dive into more specific ways. And the good news is there are countless resources online that will help you learn them in greater detail.

A simple search on Google and Youtube will give you the basics, while intermediate tips can usually be found in forums and Facebook groups. For expert-level advice, there are certain books and seminars you can pay for.

The important lesson that I want you to realize is that there are hundreds (perhaps thousands) of income opportunities online that are just waiting for you to be discovered. So go ahead and find the one that will bring in the money this 2021.

Further Reading: Make Money Online: A List Of How Everyone’s Doing It

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One comment

  1. Number nine is FINE !!!! If you can open an account in a country (example Canada, USA, Australia) where the exchanges offer option contract trading, there is the possibility to earn a steady income using options to create cash flow. Every time you sell an option against an underlying that you own, you lower your risk and you get to keep the premium you collect. There are many great strategies where you can sell options to earn and yet never actually purchase the underlying. I have done this for many years. For the past eight years, I continue in semi-retirement from my new home here on Luzon.

    Number three has certainly worked well for my Beautiful Bride. For over two decades she has earned great money as an academic writer, often accepting projects from several different companies during each ” writing season.” Work flow slows down at certain times of the year depending on what countries the assignments are coming from and their academic year.

    Number eight became a new business in 2020. My wife has done short stints teaching and that is also her second passion. The COVID lockdown of 2020 was a blessing in the sense that she had time to put the finishing touches to her online teaching and homeschooling materials. It has worked out so well that she was offered a large sum of money for the rights to her materials. She declined the offer because the charitable parts of the new business would NOT be fully supported as in the original plan. An additional bonus is that my Wife’s new project may well become a passive source of income after all of the units, recordings and teaching materials are fully developed.

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