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Why Making Money Online Is A Great Way To Gain Financial Freedom

Updated on June 27, 2014
Making Money Online
Making Money Online | Source
Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! | Source

Have you ever made money online?

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Benefits of Making Money Online

Making money online is the wave of the future and it is here to stay. While millions of people are still out of work or losing their jobs, many have turned to making money online. With the uncertain economy and many people living from pay check to pay check, there has never been a better time to make money online! Let's find out why:

1. Making Money Online Is Easier Than Ever

With the rise of the internet and technology, making money online has become easier than ever and just about anyone can do it. This is because it takes little to no money to actually start making money online. With the abundance of information on how to do cheap ecommerce website design or blogging, it is easier than ever to start an online business. Also, thousands of people actually make a full time living off of their online business! However, don't let this fool you into thinking that this will require little work. It requires time, patience and dedication. The benefit is that once you actually start making online, it keeps on coming back to reward you. Think of it as building a business that will run itself with little help from you. You just have to design your business so it does not depend on you for performance!

2. It Is a Form Of Passive Income

Making money online from ways such as ad-sense and affiliate marketing can mean that you can make money while you are sleeping. This is simply because you set up the business and the business works for you. It is called passive income and can give you financial freedom. With financial freedom, you can focus on what you truly love doing after you have put in the hard work and effort. The best way to start is by simply building niche websites on very specific topics. Afterwards, promote products, sell your own products, and put some ads on your website. Soon enough, if you content is excellent, people will start catching onto you blog or website. That is exactly when you start generating sales and commissions from your hard work. If you build many of these kinds you websites, you can have money rolling into you bank account around the clock.

3. You Don't Depend On Other People For Your Income

Unlike in a traditional job, where you have a boss that has supreme authority over whether you keep that job or not, making money online does not depend on someone else for your income. By building many ways that bring in money, you act as an owner of a business who owns something that provides him income. This is not true when you work for money or someone else. With the wake of the 2008 financial crisis, many people had to turn to other ways to make money and some even found themselves as successful entrepreneurs. People such as Pat Flynn of smart passive income blog, who makes over $80,000 a month by doing business online. Pat Flynn lost his job in architecture and was forces to try something new. He ended up successful and runs a very good blog about generating passive income. This concept of building passive income and becoming financially free was first talked about by the BEST SELLING author named Robert Kiyosaki in the book called "Kids About Money--That the Poor and Middle Class Do Not!". Robert is a multimillionaire who has built his wealth by building successful business that make him money.He calls these businesses "assets" because they don't require him to work in the business for it to make money. I suggest you read that book because it will open your eyes on why the rich get richer while the middle class gets poorer.

What To Do Next: Take Action!

Learning about how to make money online is not enough, we must apply principles that will help you do it! Learn by first increasing your web design skills and eventually making your first website. By learning how to make a website, you can build websites such as blogs and E-commerce stores. Monetize these websites and you will be well on your way to financial success! Best of luck on your journey.

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    • brent burcham profile image

      Brent Burcham 3 years ago from Utah

      Great hub, Pat Flynn leads as a great example of how to bring out your entrepreneur skills.

      Robert's book is an excellent read. I recommend it to everyone.

    • rebelogilbert profile image

      Gilbert Arevalo 3 years ago from Hacienda Heights, California

      Thanks for the encouraging article, Beck H.

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