There are many reasons why we may choose to start writing a blog. It may be to educate people in a field where we can boast a measure of expertise. It may be to sharpen your writing skills for your day job while also getting to wax lyrical on subjects which you’re passionate about. Then again, it may just be a way to keep track of your thoughts, musings and reflections or a way for friends and family to see what you’re up to. Whatever your reasons for blogging, it’s a wonderful thing when a successful blogger has built up enough of a following where they feel that they’re ready to start devoting more of their efforts to their online project and less time on their day job.
However, without that regular and reliable source of income, life can get pretty scary when the bills continue to pile up. Rather than gambling by relying on loans and credit cards, or giving up on your dream, why not pursue these potentially lucrative ways to make money on the side from the comfort of your computer?
A strong side hustle can allow you the freedom to pursue your creative endeavour without compromising on your dreams…
Get to know the markets
There are lots of people from all walks of life who trade stocks, shares, foreign exchange, cryptocurrencies and all manner of other commodities to give themselves a nice dividend which can keep the wolf from the door and in many cases can yield serious profits. There was a time when the various markets were a mystery known only to a few gatekeepers who wouldn’t share their secrets, but the digital world has really democratised trading. There are many websites that can teach you everything you need to know to get ahead from how to trade on spreads to how to get ahead in Forex. When you get to know and demystify the markets you can start to trade with confidence.
Try affiliate marketing
Affiliate marketing can be a lucrative and risk-free way of making money through your online presence on top of any other sponsorship or advertising deals you already use to monetise your blog. Affiliate marketing pairs you with big brands who will pay you a fee for linking to their products. Every time one of your readers buys that product, you get a share of the transaction. Here are some tips on getting ahead in affiliate marketing.
Set yourself up as a consultant
As an expert in your chosen field, your blog could be a gateway into a hugely lucrative field, that of consultancy. Whether you’re aware of it or not, your blog is a very useful promotional tool that showcases knowledge that a range of enterprises would be willing to pay for. Setting yourself up as a consultant will allow you to make good money while educating others in a field in which you’re passionate… Which is very likely why you established your blog in the first place!
There’s no need to fear destitution just for pursuing your passion. If you’re prepared to invest your time, effort and knowledge, the digital realm offers a range of ways to make good money.