Five Ways to Make Money Online in 2024: Digital Earners Guide

This article will discuss the five most promising proven ways & strategies to make money online or at home in this year

By Claudio Pires
Updated on July 24, 2024
Five Ways to Make Money Online in 2024: Digital Earners Guide

The recent pandemic has shown that we can’t count on our jobs to last forever. Millions of people have lost their jobs, and it’s more important than ever that we find a way to make an income that does not put us at the mercy of a big corporation. This article will discuss the five most promising proven ways to make money online or at home in 2024.

Let’s begin.

Blogs to Make Money Online at Home

Do people still read blogs in 2024? The answer is an empathic yes!

In fact, Google still generates the most traffic out of any online platforms in existence, and search traffic still regions as one of the most valuable traffic sources for businesses.

You don’t need much to start a blog. All you need is a hosting platform for your website and a domain name, and you’re good to go as top proven ways to make money.

One of the best things about starting your blog is that you can pick even a small niche and still find enough people to resonate with your content. When you start getting traction, a door opens up, as there are many different ways you can monetize your blog following our digital earners guide.

One way to monetize your blog is to start making money from ad revenue. You can also monetize your blog with affiliate marketing. If you have expert knowledge in your niche, you can create an online course to sell to your audience. With that said, it takes time to build enough traffic with your blog to generate any substantial amount of income. So, patience is a virtue when it comes to building your blog.

Podcast to Make Money Online at Home

Podcasts have surged in popularity in recent years and show no signs of slowing down. I’m sure some of you have enjoyed listening to an episode or two of Joe Rogan’s podcast while running on a treadmill or lifting weights to make money at home.

Generally speaking, podcasts allow you to connect with your audience on a much more intimate level than you can with blogs as best proven ways to make money..

As Seth Godin once said, all your business needs is a thousand true fans. Podcasting is, without a doubt, one of the best ways to turn your audience into raving fans.

To start your podcast, you must sign up for a podcast platform and buy a good-quality microphone. Luckily, even $20 microphones have good enough quality these days for you to get started with podcasting without much problem.

Companies will contact you to work with you once you start making names for yourself in the podcasting industry. At that point, you will have plenty of options to generate income via sponsorships, ad revenue, and affiliate marketing making use of our digital earners guide.

I’m sure you’ve heard of the $100 million (or more) Spotify deal for Joe Rogan. It’s extremely uncommon to reach such a level of success. Still, it’s proof that there is a potential to attain an unimaginable level of success with a podcast as top proven ways to make money.

YouTube to Make Money Online

YouTube needs no introduction. Many of us spend at least a few hours a day watching videos on Youtube. And even statistics show that most content on the web is consumed in a video format.

If podcasting allows you to connect with your audience more intimately, YouTube is even better for forming a deep connection. Your viewers get to see your face, hear your voice, and watch your content daily or weekly to make money online at home.

They will soon feel like they know you well, and you will become like a friend to your audience. And who do we seek when we need advice? Our friends.

Your audience will listen when you recommend a product or service, which is why big YouTube influencers get paid so much for endorsing a product or service. With YouTube, you don’t need anything to start. Phone cameras are more than adequate for filming high-quality videos these days, so you don’t need to invest in an expensive piece of equipment unless you are in a niche where visuals are important.

One factor that turns many people away from starting a YouTube channel is the requirement that they be on camera. Most people don’t feel comfortable being in front of a camera, which is understandable.

If that’s you, then a blog or podcast may suit you better to make money online.

Affiliate Marketing: Proven Ways Make Money

Total affiliate spending in the US will reach $12 billion in 2024.

Every company wants an affiliate who can generate millions of dollars for them.

No matter your niche, you will have no shortage of companies looking for affiliates to promote their products. And it makes sense why companies love top-performing affiliates since they are essentially generating free sales for the company.

As an affiliate, you will receive a certain percentage of sales you generate for the company.

Amazon affiliate is perhaps the most popular affiliate program out there. You receive a commission when people visit Amazon and purchase a product from an affiliate link on your website.

That amount may not seem like much when you are just starting out, but it quickly adds up once you have thousands of people visiting your website (or watching your video) to make money online.

Also, affiliate marketing has a great synergistic relationship with blogs, podcasts, and YouTube videos.

When you build enough trust with your audience on those platforms, many of your audience will be more than happy to buy products from your affiliate links.

Selling Your Own Courses

How does selling an online course at a few hundred dollars a pop while in your bed and with zero overhead cost sound?

I don’t think your life can get much better than that. Don’t get me wrong. You will need to hustle hard until you can reach that point.

But if your ultimate goal is to reach financial success with the freedom to do whatever you want. Whenever you want, then you may want to consider selling an online course seriously. There are some prerequisites, however. You will need a platform and an email service provider to host your course.

But more importantly, you must possess enough knowledge and skills to help your audience solve their problems.

Investing in Stocks and Cryptocurrencies

Investing in stocks and cryptocurrencies can be profitable if done wisely. Platforms like Robinhood and Coinbase allow you to invest with minimal fees. Doing thorough research and understanding the risks involved before investing is essential.

  • Stock Trading: You can buy and sell stocks on platforms like Robinhood. Long-term investing and day trading are popular strategies.
  • Cryptocurrency Trading: Another option is cryptocurrency trading. Platforms like Coinbase and Binance allow you to trade Bitcoin, Ethereum, and other cryptocurrencies.

Conclusion

I hope this article gave you a few ideas of which business you can start in 2024. To start making money online, I want to clarify that it takes a lot of hard work.

But as a wise man once said, “Nothing worth having comes easy.” It will pay off If you put honest work into whatever you decide!

Claudio Pires

Claudio Pires is the co-founder of Visualmodo, a renowned company in web development and design. With over 15 years of experience, Claudio has honed his skills in content creation, web development support, and senior web designer. A trilingual expert fluent in English, Portuguese, and Spanish, he brings a global perspective to his work. Beyond his professional endeavors, Claudio is an active YouTuber, sharing his insights and expertise with a broader audience. Based in Brazil, Claudio continues to push the boundaries of web design and digital content, making him a pivotal figure in the industry.