4 Additional Small Income Tips

The worldwide economy has put a lot of people in the position of having to seek out alternative income sources in order to stay afloat or to get ahead. The Internet as well as your local community is flush with solutions for bringing in a few bucks on the side to pay for bills, get gifts around the holiday season, or put a little cash into the family savings account for a rainy day.

Some methods make more money than others. Some of them take an investment in time or dollars to get started. Others are free and can start to bring in money instantly. Deciding on the right solution for you will depend on your skills, the amount of time or money that you have to start, and of course whether the type of effort involved in the fund raising activity suits your interests and desires.

1. Micro Jobs

By Tax Credits under CC BY 2.0

Micro jobs, or tiny repetitive tasks that pay small amounts of money on a piecemeal basis is the newest industry to take roots in the field of marketing, commerce and IT systems automation. Some small tasks that need to be done on a large scale, such as surveys or categorizing pictures for content placement might seem like ideal chores for computer systems due to their size and volume needed, but the necessity of human thought processes in these situations makes them more suited for humans, instead of computing platforms. The pay for a single micro job can be as low as a penny, but a penny earned is still a tangible asset.

2. Binary Options Trading

Binary option trading is a form of stock trading where the risks and rewards are clearly spelled out. Investments are placed, and calls are made on the value of a stock rising or falling. The investments that are made on a binary level are extremely simple to understand in matters of timing, payout and allocation. To find out more about binary options and to experience how it works, simply open a binary options demo account and begin live trading as soon as you learn the ropes.

3. Freelance Work

Freelancers have been around since the dawn of time, and their increased use in today’s business environment is perhaps one of the most fundamental shifts in economic landscape. If you can write, do graphic design, or even place phone calls, you can do this for and on the behalf of others in exchange for a fee. Freelancing is not confined to the Internet either. Searching your local community for unfulfilled needs that match your talents or training are excellent opportunities to pursue as a freelancer.

4. Blogging

Blogging has fast become one of the fastest growing media channels in the world. If you have a specific interest or are a specialist in absolutely any area of knowledge, there is a market for that. The object of blogging is more marketing than sales, and no direct revenue is derived from most blog content unless it is written on a freelance basis for others. The genius in blogging is that once you gain a substantial amount of traffic to your blog, you can simply add advertising to your blog through the use of an advertising platform such as Google Adsense or sell ad space to those whom you know would like to get in front of the audience that you have gathered through your writing. Some bloggers have gone on to create their own ebooks and other products to sell directly to readers, but advertising and affiliate sales are the most popular ways of monetizing content for those who are not looking to create a full time business model out of their website.

For those who want to make more money, or make a growing income from the comfort of their own home, there are so many options that it can often become confusing. Everywhere you look on line there are new suggestions to consider. The four options above are some of the most popular for a very important reason. They work.

By Boris Dzhingarov