Whether you’d like to save up for a significant acquisition or earn more interest on your money, finding ways to generate some passive income can be done at any time without much effort. Unfortunately, today’s financial state and economy hinder living comfortably with only one salary, so many people have one or two online side hustles, such as becoming an online tutor during the weekends or editing and proofreading texts.
However, you might want to consider interesting ways to make a profit that will open the path to more income opportunities and expose you to lucrative jobs. Gen Z and Millennials, for instance, are inclined to take some risks and investing their capital into assets that may protect it from inflation and devaluation. The first cryptocurrency is a common choice among them, according to Binance, many believing in its anti-inflationary potential and thus feeling confident to buy Bitcoin now and reap the benefits later.
These being said, who can stop you from trying exciting strategies? Let’s explore some compelling ideas for making money online.
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Create and sell NFTs
NFTs were so popular during the pandemic that everyone became interested in their value. Some people bought digital pieces of land in the form of NFTs, while others endlessly made money with eccentric NFT collections.
NFTs are digital tokens whose value is tied to what it represents. Most users create NFTs in the form of artwork, games, and even music, and they’re unique to the market. You might heard about them even in the fashion industry, where famous companies like Gucci and Louis Vuitton have established NFT clothing products for a specific audience.
If you’re an artist, you can always get the resources and tools to make either NFTs or their less intense version, Bitcoin Ordinals. If you’re creative enough, designing unique Ordinals that appeal to the audience will make you famous on the market. You can sell these assets at a fixed price or at auctions on marketplaces.
You could also invest in NFT or Ordinals collections because trading popular or rare assets will offer significant returns. If you monitor the market and set a budget for your investments, you can successfully increase your portfolio value on marketplaces worldwide.
Edit AI-generated writing
If you’ve been on the internet lately, you might’ve noticed artificial intelligence is everywhere. It seems to be replacing content writers and giving bloggers headaches. Many companies approached AI writing to cut their costs, but they were soon convinced that it could provide false facts or have grammatical errors.
Therefore, you can become an AI-writing editor by studying how these systems work. While AI can be efficient and fast in writing, it can also offer unusual sentence structures and repeat phrases frequently in a text, so your job is to identify mistakes.
Usually, when you edit a writing piece, it’s best to keep an eye on factors like:
- The facts presented in the text are not misleading;
- The consistency of the sentences in cases of spellings and hyphens;
- The style required in consideration of what the clients prefer;
- The grammatical errors, such as poor word choice within a context;
Depending on the theme of the writing, you want to adjust the tone of voice and check for awkward transitions because AI might be prone to jumping from one idea to another suddenly, giving the reader no time to understand the concept of the article.
Become a virtual assistant
Being a virtual assistant is related to customer support, but it is more flexible and approachable. Itineraries aren’t fixed, and you won’t always have to offer voice support in addition to text. Usually, you only need to message clients when they require help, which can be the best side hustle for an introvert.
As a virtual assistant, you manage schedules, monitor emails, organize documents, or write records. You only need a laptop and a good internet connection, as you can write from anywhere and at any hour. Considering that these businesses operate in different time zones, you may be able to work in the morning or in the evening, depending on your job contract.
A few sectors, such as customer service, email communications, and social media marketing, are always looking to hire talented people for virtual assistant positions. You can take advantage of your skills or improve the ones you already have and take the job whenever you can. There are cases in which you don’t need any experience in the field of work, but it’s best to be backed by skills and competencies.
Create a mobile application
If you’re an avid mobile phone user and have considered creating an app for specific problems, now could be the time to learn all the skills to develop an app from scratch and offer it to those who also need it. Designing an app isn’t extremely complicated, as you might find that individual teams or indie companies always come up with new ideas and release new apps.
Indeed, you need to consider factors like:
- The operating system you want to use and are most familiar with;
- The design and security plans that are the first to be tested by customers;
- The coding skills required to make the app;
While the app can serve for daily tasks, it can also be a game, so don’t limit yourself to endless possibilities. Remember that it will take some time to develop it, after which you must test it and eventually find friends who can also test it for you. The final step involves marketing the app and exposing it to the right audience, but it will need continuous development to provide new features and updates.
What do you think about these ideas?
If you want to save some money for a certain expense, such as purchasing a car or a house, an online job will allow you to cover some lifestyle costs, from food to amenities, so you can start saving up on your salary. If you think common methods are unsuccessful, you may be interested in something more exciting, so we recommend looking into NFTs, virtual assistant jobs, or creating an app from scratch.
