5 Ways to Make Money Online
June 15th, 2008
We have to make money to save money. Sometimes that means taking a second job, learning a new skill, or selling off unused items from around our house. In this economy, we can never have too many income streams. At Save Money.com, we have talked extensively about how you can save money…now we would like to talk about how you can make money in order to save it!
- Sell old items on Ebay — We all probably have old electronics, maybe a spare cell phone, old gaming system, ancient digital camera lying around the house. What better way to boost your income than to sell those items on Ebay. Of course, in this computer age, you don’t have to stick with Ebay. You can also sell your everyday items on Yahoo! Auctions or on places like Ubid.com.
- Start an online store — It may sound crazy, but there are many services available to small business owners. Many people have started online stores as a hobby or second job and found them to be quite lucrative. You can get started with a ready-made store, or, if you are familiar with programming, start with a free open source solution, like osCommerce.
- Become a freelancer — It’s no secret that many jobs have become outsourced. To facilitate the outsourcing of jobs, many sites like Guru.com or Elance.com have become the freelance marketplace. You can find freelance work for almost any trade, including web design, writing, and administrative work.
- Affiliate marketing — You can find money in some strange places. One of those strange places happens to be affiliate marketing. Basically you take it upon yourself to be the ad manager for a company’s wares. You get a percentage of the sale when you send them a customer. Sounds easy, but it’s not. It’s actually quite time consuming, but if it’s right for you then it can make you a lot of money. Sites like Clickbank can help you find products to promote.
- Start a blog — One just like ours. Of course, if you want to make money with a blog it would take a while. If you build up enough traffic, then you can sell ad space on your site. You have to really love writing. If you do, then jump in — the water feels great!
If you don’t think any of these ideas are right for you, then maybe you can pioneer a new income model. The internet offers opportunity for many of us to boost our incomes. The more money we make the more we can save. Of course, the income should help stabilize our finances, propel us towards our saving goals, and ultimately lead us to financial freedom.

