Hi there. I am new here, I live in Norway, and I am working my way to FI. I am 43 years now and started way to late….. It just came to my mind for real 2,5years ago after having read Mr Moneymoustache`s blog. Fortunately I have been good with money before also so my starting point has been good. I was smart enough to buy a rental apartment 18years ago, with only 12000$ in my pocket to invest which was 1/10 of the price of the property. I actually just sold it as the ROI (I think its the right word for it) was coming down to nothing really. If I took the rent, subtracted the monthly costs and also subtracted what a loan would cost me, and after that subtracted tax the following numbers appeared: The sales value of the apartment after tax was around 300000$ and the sum I would have left every year on the rent was 3750$……..Ok it was payed down so the real numbers were higher, but that is incredibly low returns. It was located in Oslo the capital of Norway, so the price rise have been tremendous the late 18 years. I am all for stocks now. I know they also are priced high at the moment which my 53% return since December 2016 also shows……..The only reason this apartment was the right decision 18 years ago, was the big leverage and the tremendous price growth. It was right then, but it does not have to be right now to do the same. For the stocks I run a very easy in / out of the marked rule, which would give you better sleep, and also historically better rates of return, but more important lower volatility on you portfolio. Try out for yourself the following: Sell the S&P 500 when it is performing under its 365days average, and buy when it crosses over. I do not use the s&P 500 but the obx index in Norway. Even if you calculate in the cost of selling and buying including the spread of the product I am using the results are amazing. I have run through all the data thoroughly since 1983, and the result was that the index gave 44x the investment and the investment in the index gives 77x the investment in this timeframe. The most important findings though is what it means to you when you start withdrawing principal, as you will not experience all the big dips and therefore do not destroy your principal withdrawing through those dips. I hav all the graphs and statistics for it and it really works. The “drawbacks” is that during good times like from 2009 til today you will fall a little short of the index because of some “false” out indications, but who cares when your portfolio return in 2008 was 0% instead of -55%…….To give a little during good times costs so little in comparison to the return you get in the bad times. All is of course done from an account where you do not get taxed for selling and buying as long as you dont withdraw anything.
This has become a popular business model for online entrepreneurs over the past several years, and will probably just continue to grow in popularity. The best thing about selling online courses is that once you do the up-front work in creating the course and setting up your marketing strategy, you can get paid over and over again for work you do once.
The music industry might not be as strong as it was in the 80s, but there are still plenty of ways to make money online as a musician. Sites like SoundBetter let you sell your services as a songwriter, producer, or session musician to thousands of customers a month. While Musicbed, Music Vine, Marmoset, and SongFreedom are perfect for licensing your music to TV shows, movies, and web series.
Great article, I have tried a few over the years. I had a side business cleaning offices for years. It did great, but I hated never being able to take more than 3-4 days vacation, so I eventually gave up. I tried MTurk, but if you multiplied my earnings on an hourly basis, it was a little over $6/hr. My blog is much worse, probably less than $0.25/hr.
More than half a billion products are sold on Amazon every month, making it an incredible opportunity to make money online. But, like everything else that involves making money online, you have to do quite a bit of work to earn it. One option on Amazon is to find products that are already made and buy and sell them at a discount. For example, you could research generic products such as clocks, keychains and mugs to attach to your brand. For an incredible deep dive on how to make extra money with this strategy, check out how digital marketer Neil Patel recently did this as a public experiment right here on his blog.
 @dasjung No doubt! I know this and you know this, and any other highly skilled and educated designer will also know this. But what about the customers? The people who are looking for a logo design with much consideration of price in this economy.  Knowledge and talent expect the monetary reimbursement it deserves, but unless everybody has a trained eye to recognize it, they just aren’t going to dish out the money for it. That is the point I am trying to make. It is like calling the neighborhood handyman instead of  a high cost plumber to fix a small leak.
Using the money you already have to make more money is usually a pretty smart move. A service like Lending Club is a great way to act as a lender and earn interest on your money. Essentially, you act as the bank, which is pretty neat. Lending Club is the world’s largest online credit marketplace connecting borrowers and investors. Definitely something worth looking into!
To test these websites, you’ll be asked to visit the site in question and record your reactions and thoughts as you go through it. To get started making extra money online by testing websites, sign up for some of the most popular services like UserTesting.com, Userlytics, TryMyUI, Userfeel, TestingTime (for people outside the U.S), or Side Income Jobs.
You can do the same thing with strollers, kids toys, etc.  One EXCELLENT item to flip is iPhones!  There are SOOO many scammers on Craigslist from other cities who list $200 new iPhones.  They are fake ads that want people to call them and then the “seller” will scam the buyer.  Anyway, enough scammers list $200 iPhones that the legitimate people in your city selling iPhones see the low prices on Craigslist and think that’s the going rate!  I  bought an iPhone last week here in Boise for over $200 less than the LOWEST used price on Amazon or eBay.  I could flip that phone for a nice profit, and there were several other iPhones in Boise priced similarly that I could do it with.

Be professional. When you submit a résumé, don’t type it in ALL CAPS and please don’t avoid the caps lock like the plague. Know how to use it without looking incompetent. Write in complete sentences with proper grammar. Of course, there will be exceptions, but even with the exceptions, you must keep it professional. You’re building their view of you.

Almost all of these ideas require starting a personal blog or website. But the great thing about that is that it's incredibly cheap to do. We recommend using Bluehost to get started. You get a free domain name and hosting starts at just $2.95 per month - a deal that you won't find many other places online! You can afford that to start building a passive income stream.
Writing an eBook and selling it on your blog can be a great money maker. Your eBook should be directly relevant to your blog’s content so you can sell your book to your existing audience. Creating a recipe eBook for a food blog or an eBook full of training plans to complement your fitness site are just a couple of examples that have the potential to sell.

The idea behind cashback is simple: you get rewarded for purchasing or using products you plan to buy anyway. Cashback sites pay you when you click through them, go to retailers, and spend. For example, check out eBates.com - There are over 2,000 stores to choose from including Walmart, Target, Sears, Calvin Klien, and others. You also get a $10 gift card after your first $25 purchase. Sign up is free. (If you encounter a cashback site where it’s not, avoid it.


My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and build a following of hundreds of thousands for this blog and my podcast series.
The audiobook industry is booming, yet only 5% of books ever get made into audio format. If you’ve got a background in acting, or if people have said you’ve got a voice made for the radio, you can make extra money recording audio versions of independent and popular books. Sites like ACX connect authors with audiobook performers. So, whether you’re an author looking for more ways to sell your book, or an actor/voice actor looking to make some extra income, you can sell your services online.
Run virtual errands. If you have a computer with Internet connection and are good at searching the Web and communicating with others, you can become a virtual personal assistant with Fancy Hands. The service hires assistants, who set their own hours, to help its users tackle tasks such as making calls to service providers, scheduling appointments, and finding the best prices for services and products. You get paid per task, starting at between $3 and $7.
Set up a roadside stand. Depending on where you live, you could profit handsomely by setting up a roadside stand. If you live near a resort area, for example, you could buy cases of bottled water, put them on ice, and sell them to passers by for twice what you paid. Selling fruit and produce you grow yourself is also a smart idea in highly-traveled areas.
If you have a fondness and talent for taking pictures you can make extra money online by becoming a stock photographer and selling your images to a stock photo company like ShutterStock or iStockPhoto. You’ll get royalties every time someone licenses an image you’ve submitted. To really be successful, build your own photography website to be able to showcase your portfolio and start getting higher-paid private corporate work.
Nobody gets early FI investing in bonds, CD’s, or even stocks unless they make a huge income or are extremely frugal or a combination of both. Paper assets just don’t provide enough returns. Business income can be great but it is typically not as semi-passive as I would like and there is a relatively high failure rate. That is if you can monetize an ideal to begin with. RE investing needs to be higher ranked IMO as a way that the “average guy” can become FI.
White labeling products involve purchasing pre-made products from a supplier and then adding your own labeling and branding. Products could range from candles to gym equipment or even tea, but all will come without labels, allowing you to create your own new range of merchandise. Most suppliers will advertise the fact they offer white labeled goods on their websites, so pick your niche and then find the right supplier and product for you. Once labeled, products can be sold via sites like eBay and Amazon, or from your own eCommerce store (discussed in a moment).
Pretty self-explanatory. You can start making money playing with dogs today using Rover. Rover lets you set your prices so you can charge fair rates for your services. In addition to walking, you can also offer doggy daycare, house sitting, and boarding through Rover. If you’d rather start your own thing, check out The Balance’s How to Start a Dog Walking Business.
Sponsored posts work much in the same way as paid guest posts, but they are posted by big businesses instead of individual bloggers. Therefore, the scope for fees is much higher, as businesses have larger marketing budgets than humble bloggers. Having sponsored posts by large companies will also help promote your site as reputable and as a leader in its field.
Watch other people’s kids along with your own. There’s a good chance your friends who work outside of their homes would be thrilled to have an experienced parent watch their children while they are at the office. It can be manageable if your friend in need has only one or two kids. Plus, the new playmates will help keep your children occupied for a few hours. Pay varies widely based on where you live and the ages and number of kids you'll be watching, but babysitters and nannies typically can make up to $10 an hour in small cities and much more – even double that hourly rate – in larger cities.
Most companies who hire freelancers want the best and rightly so. You find that ALL of the freelance work requires some specialized skills. If you are not already an expert, you will have to take the time to learn. Earning a living online takes time and commitment. It may take five or ten years to build up your business or expertise. Realistically, you will be working long hours for pennies, but your bills won’t wait for you to get rich, so In the meantime, MacDonalds is hiring!

Active income, on the other hand, involves earning money in exchange for a service. It could be a salary, an hourly wage, commissions, or tips. It’s essentially a trade of your time for a fixed dollar amount. Most people choose to live this way, and there’s nothing inherently wrong with that, as long as you understand that there will be a limit to how much money you can realistically earn.
What a huge, great list of ideas – bookmarked this as I know I’ll be coming back to go over it again and again. Here’s another item that could have made the list. I found a financial directory that’s useful for info on making money online. It’s http://money.madbeetech.com. What I like about it is that each directory listing includes ebooks and videos that can be instantly downloaded. All sorts of stuff for people who have their own website, and people who don’t (but still want to make money online).
@moxie1956 Thanks for sharing your experience with CashCrate.com. That’s certainly disappointing to hear that you weren’t able to make the $50-$75 a month that I expect. Maybe they are just going through a seasonal downturn or something. Like I mention above though, the real money with Cash Crate comes in the referrals. Find a way to consistently refer a large amount of people to the site.
If you're serious about making money online, start a blog. Blogging is one of the easiest and most sustainable income sources. As long as the blog is setup the right way, in the right niche, with the right content targeted at the right audience, and the offer is complementary to the content, you could make a tremendous amount of passive income from a blog.
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