This is a collaborative post by Elle Jo.
Do you remember the day you got your first paycheck? Many people can fondly recall the very first salary they received, the feelings they had and even the first thing they bought. Making your very first dollar is a special moment because it marks the beginning of a new life of independence and the start of your financial record.
Whether you’ve had multiple jobs or managed to keep your first, a single source of income usually isn’t enough. Everyone could do with a bit more money and having an extra way of earning money usually results in more financial stability and security. However, having a second job is tiring and a lot of stress. It’s even worse when you’re forced to overlap your hours across both jobs. Luckily, there’s an alternative: the internet!
To help you get started with the wonderful world of internet careers, we’re going to show you a few ways that you can make your first dollar online.
The Simple Way: Selling Your Belongings
If you want a simple way to make your first dollar on the internet, then selling your belongings on an auction website is a great way to achieve it. Everyone has clutter in their homes that they don’t need and selling it online is one of the easiest ways to make a little profit while clearing up the home. This isn’t a long-term business plan that can net you a secondary source of income unless you plan on buying and selling various goods, but it can be a solid way to get started.
The Long Game Plan: Starting a Business
If you’re looking for a long-term plan then starting a business is one of the best options. Whether you’re selling products en-masse or providing services to people, starting a business has many different factors to consider and takes a considerable amount of time and money investment. Thankfully, there are many ways to start a business thanks to the internet, but you won’t see your first dollar for a while and you may not even see a single cent of profit if you don’t plan ahead.
The Investment Method: Learning to Trade
If you already have some funds and you’d like to invest in something lucrative, then learning how to trade is a simple and convenient way to do so. It’s so accessible now that you can even buy Bitcoin via PayPal and start trading in cryptocurrencies straight away. Many people consider investing to be a form of gambling, but this simply isn’t true unless you approach it with an all-in mentality which is not recommended at all. Trading requires a lot of knowledge and experience which is why many people are put off after their first failure.
The Creative Endeavour: Content Creation
If you have a creative passion such as writing, drawing or even music production, it’s possible to turn it into a lucrative career as a content creator or even a freelancer. Websites like YouTube are helping people make a living through their content. Whether it’s teaching people how to knit or creating videos on historic events, there’s a lot of untapped potential in the world of content creation. Most of your money will come in the form of advertising revenue so it will be slow to start, but once you build momentum it becomes an enjoyable career choice.