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Ways to Make Money in a Bad Economy

Updated on June 28, 2015

Make Money Online With These

I've spent the last few months researching online income opportunities, not only for myself, but I'm always being asked how I work from home. I guess you could say I'm the person that gets asked questions no one else can or will answer. For some reason it's very hard to get a person that works from home to divulge their secrets. I assume it's for fear of competition in the market.

Well, I'm going to share some of the things I've come across online in my quest for financial freedom. You can choose to look into them or not, I don't make a dime either way so here they are:

Freelancer is a great site to post and search freelancing jobs. There is no cost associated with searching their database and there are an abundance of positions available.

HubPages is a great way to earn an online income if you are interested in blogging. By using ads in your blog and creating quality content you'll be on your way to generating an income.

Legit Writing Jobs is an online resource for writing jobs and is also free to join. Now, whether you find a job on here or not they still have some great resources to get you going in the right direction.

Clickbank is a simple, though long process, of promoting other people's products and making money from it. You should not expect to begin making money right away, it takes time to build traffic but affiliate marketing has long proven to be a reliable form of money making online.

Vindale Research is a research company that pays users to complete surveys. Yes, they are legitimate surveys. I actually complete a few everyday. This WILL NOT make you a full time income but even an extra $200-$300 a month can help right? The highest commission comes from referring people to your link so this actually pays off if you tell people about it and not keep it to yourself. There is an increase in companies paying for opinions and feedback.

Focus Forward Transcription offers users to work directly for their company providing transcription services. This is an actual position and should not be confused for a sign up page that you are then referred out to other links.

Oboulo is a long term residual income opportunity as you load old college papers and eventually someone will buy them as reference material for their own schoolwork. Students cannot copy your paper but are able to reference it and you get paid! Simply sign up, load your papers and that's it!

Fiverr is quickly becoming an easy way to get your name out there while making about $4 each time. You sell your service for $5 then Fiverr gets their cut. Just figure out things you are willing to do for $4 and start promoting it on this site.

Start Your Own Business

Finally, consider just starting your own business! Some of the best ideas are conceived from a bad situation.

Believe it or not, it is still possible to start your own business in a bad economy and for very little money to invest. If you are tired of replying to the help wanted ads that turn out to be affiliate marketing scams or they require you to pay money to get started then perhaps you are mentally ready to start working for yourself.

In some of my other hubs (listed below) I provide you ideas to get started working from home but before you search the list for a brainstorm there are a few things to cover.

1. Organize a daily schedule for yourself because in no way am I advising you to stop your job search. You still need to make money to pay the bills. Some of the ideas provided will require some investment, all less than $100 but you'll still need start up materials for any of them. I suggest setting aside specific hours first thing in the morning to submit resumes, etc. The second half of your day should include time to research, customer contact. etc for your business.

2. During the research portion, conduct surveys to potential customers to get a feel for the market and where your niche will fit into that market. You'll want to determine if there is a real need for your product or service. Surveying also allows you to make changes here and there to your service, as needed, before introducing yourself to the public.

3. Write goals for yourself. Where do you want to be in six months? A year? Five years from now? Now, post this somewhere you will see it everyday. There will be times that you doubt yourself. There will be times you forget what you are working towards. By having this reminder in front of yourself everyday it will make it easier to stay motivated. Don't lose hope.

4. Whether you choose anything from my lists or come up with your own idea, spend a couple of days outlining how you can make it "you". What I mean by that is, personalize it to fit you and your goals. Don't rely on anything that is a cookie cutter model business plan because chances are you're trying to be something you are not. Customers will see that from the moment they speak with you. Make your business about you and get out of the mindset that you have to conform to what someone else wants in order to benefit them. You now work for yourself.

Between the above listed income opportunities or the business ideas listed out in my other hubs I hope you are able to find something to start making some money. And keep checking back for more ideas!

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    • rumintasari profile image

      Ruminta Sari 4 years ago from Sleman

      great hub, some new ideas never heard about. regardless the economy condition, people still need something, that's why I believe people means market, as long as we know what they need and can provide them those needs. Voted!

    • hawaiianodysseus profile image

      Hawaiian Odysseus 4 years ago from Southeast Washington state

      Thank you very much for sharing what is becoming more significant in these current turbulent economic times. I welcome you to enjoy my hubs about eBay and share with your friends and readers as you see fit. I will do the same for you. Aloha!