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These are a few ways in which children in 2024 will be given the opportunity to start earning money online and with zero investment

Freelancing: Apply Your Skills

By Shariq Mehmood KhanPublished about a year ago 5 min read

These are a few ways in which children in 2024 will be given the opportunity to start earning money online and with zero investment

Till 2024, the students are going to remain much more glued to the virtual world, thereby opening gates to different platforms and enabling them to earn money from home with zero preliminary cost. By doing this, the students would be able to earn at least some amount without any kind of initial investment by showcasing their skills on the right mediums. To understand it better, we have listed the best possible ways under which the students can earn easily and very productively with zero start-up costs:

1. Freelancing: Apply Your Skills

Online student freelancing money-making ideas must include some forms of skills that one can offer their clients across the globe, and this may be writing, graphic designing, managing social media, and programming.

Main Platforms,

Upwork

Fiverr

Freelancer

To Professional Individuals Hot Freelance Jobs:

Content Writing Logo Design Social Media Posts Web Development Virtual Assistant Pro Tips for Students Competitive pricing Good Portfolio Aim at client reviews for authenticity.

Good academic students can also earn money through online tuition. There are various websites from which one can teach languages, music, coding, etc.

Recommended platforms

Chegg Tutors

Tutor.com

Preply

Wyzant

Success tips with online tutoring

Teach something you love.

Customize your sessions.

Good audio and video quality of your session

2. Affiliate Marketing: Promote others's products and earn some good amount of money as commissions.

This is one form of affiliate marketing wherein one can promote any favorite product on blogs, social media, or YouTube. Using this, they can share the link of the same and therefore earn their own commission each time a customer purchases using their link.

Some of the best affiliate programs are:

1. Amazon Associates

2. ShareASale

3. CJ Affiliate

4. Rakuten Marketing

So, how do you get started?

Step 1: Niche (Tech, Fashion, Books, etc.)

Content about the products.

Promote your affiliate link everywhere on social media, blogs, and YouTube.

3. Digital Products: Developing and Making

Digital products could be as low as an ebook or online lessons. Therefore, they would be much easier to create for a passive income with less cost of production.

Best Tools:

Gumroad

Teachable

Udemy

Ideas about Digital Products

Prep guides on tests

Design templates

Ebooks on a specific niche

Coding tutorials

With YouTube, Instagram, and TikTok, students can create content for their followers and also generate income through the ads, sponsorships, and affiliate marketing.

Recommended Sites

YouTube

Instagram

TikTok

Twitch (for gamers)

Ways of Monetization

YouTube Partner Program (ads)

Sponsored Instagram post:

Partner with brands and mention their product.

Livestream donation

4. Online surveys and Research

Paid surveys, work-based research, and testing sites will earn a small fortune to the students if the amount paid is reasonable.

Recommended Sites

Swagbucks

Junkie

UserTesting

Vindale Research

5. Drop Shipping: Start Your E-Commerce Business Drop shipping

This drop-shipping business can be operated by any student who is interested in doing e-commerce but does not require maintaining an inventory on hand. The whole process of the drop shipping process includes the sale of some products via online, and delivery of the very same products is done from a third-party supplier.

Shopify

WooCommerce

BigCommerce

Steps to start

Select your niche-based product.

Set up your online store.

Build a good relationship with the supplier.

Social media and Internet marketing Promote the shop on social media and internet marketing through SEO.

Virtual Assistant: A virtual assistant is a provider of corporate markets and entrepreneurs with various services that provide administrative assistance with the aim of helping or controlling the several tasks. For example, you are not a prisoner of the following:

Manage e-mail

Set appointments

Data entry management of social media

Main Channels with Virtual Assistant Jobs

The core platforms where one can find virtual assistance work include:

Fancy Hands

Belay Solutions

TaskRabbit Virtual Assistant Jobs

Sell Photography Sell Photos

Photography-skilled students can sell the photos to stock photo companies, where they generate every time someone downloads or licenses one's image, among many others.

Some Stock Photo Sites

Shutterstock

Adobe Stock

iStockAlamy

How to Win super-quality, difficult-to-find photos.

Portfolio of two channels at least using the trend words in describing the picture that will reach the population at maximum.

6. P2P lending: investment of time instead of money.

Peer-to-peer lending sites have given students a chance to lend out their money to the borrowers and earn the interest of the loan as a return. Some of the risks while going the wrong way might initiate with small investments and diversifying loans.

Popular Sites:

LendingClub

Prosper

Peerform

Key Takeaway:

Invest small at first.

Know the risk associated with the activity.

Know the policy of the lending website sites.

7. Podcasting: Monetize Your Voice

Podcasting, in itself, equips the students with the opportunity to have a say in matters that concern the world. Podcasting is among those businesses that are pretty capital-intensive, making money through sponsorship, listener contributions, and advertisements.

Podcasting Tools

Anchor

BuzzsproutPodbean

Monetizing Podcasts

Subscribe to podcast ad networks.

Collaborate with brands for sponsoring.

Collect donations through Patreon.

Conclusion: The Right Way

Now, there are far more scopes of making money online. A student can think of their knowledge and the surroundings of today's digital world and utilize them in following ways of making money in such channels. Choose what you want to get paid for, your schedules, and your skills or aptitude, and pick any one that helps you better in achieving the above objectives.

Conclusion

All this comes free for the 2024 students who will sit behind a computer and earn some form of money without paying large chunks beforehand. Among the major ways a student can earn money include freelancing either through writing or designing on sites like Upwork and Fiverr. Others are through giving online lessons in subjects on Chegg Tutors and Preply. Lastly are the affiliate marketing sources where students can sell their products and be paid a commission through the program that they will be affiliated with, just like that of the Amazon associates.

Among the many sources of earning money through digital products, one can find books or templates. Other cash-generating sources include content on YouTube or Instagram, studies online, or surveys for pay. Other people earn money just by surviving through their web drop; an example exists to this effect in e-commerce, one selling without needing to stock any inventory. Virtual assistants use some of the ones listed above and many more than what are outlined here, such as selling stock photographs, peer-to-peer lending, podcasting, and many more. And if they can be paid, then it means they could open further avenues toward streams of sustainable income without capital—all using their skills and time.

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About the Creator

Shariq Mehmood Khan

My Name is Shariq Mehmood Khan Content writer specializes in developing efficient, well-researched, and reader-friendly content, Shariq has a knack for creating high-quality content that fits the needs of diverse clients.

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