Category: Passive Income

How Many Eggs are in Your Work at Home Egg Basket?

Getting to work from home can be great. One of the things many people do is find more than one source of income, to protect their lifestyle. By having several sources of income, or income eggs in your basket, you protect your ability to earn, should something go awry.

Some, who are telecommuters, don’t worry as much because their job is considered as safe as any other full-time job but if you are a freelancer or have your own business, this isn’t always the case because you’re regularly searching for ways to earn. Several sources of income could mean safety and it could also mean that you’re making decent money.
Tips for Having Multiple Income Eggs

  • Find some quick paying go-to options. That way, if you’re in a pinch, you can get grocery money fast or money to take care of an unforeseen expense quickly. Wherever possible online entrepreneurs should have a few make money fast options.
  • Network. Talk to other entrepreneurs and freelancers. That way you can share leads and potentially share overflow work.
  • Work on developing some passive income streams. If you build websites with affiliate marketing, network marketing, or contextual advertising, for instance, the initial work could be time consuming but those sites could become passive for you, creating income that generates itself and presents you with monthly payments. Learn more about affiliate marketing and passive online income opportunities.

Strive for a delicate balance when adding income eggs. Too many could feel overwhelming and result in lack of balance but some regular ones, some passive income-building options, and some strategic fast-earners could be the ticket to reaching your financial and career goals.

3 Types of Freelance Writing Gigs and How to Find Them

Most freelance writers have several sources of writing work where they can get paid to write articles. Some are ongoing, some are one-off, and some are gap-fillers. All can be good. Read on for a bit about each of the above categories and how to go about getting those types of writing jobs.

Ongoing
Finding regular writing clients can be a good thing. Do a good job and you might get ongoing writing work.

One-Off Jobs
By marketing yourself, you can find writing jobs that are one-off scenarios. Someone might need a press release written, might decide that they want to write a new sales letter, want help re-vamping their website content, or want another freelance writing service. Marketing can help these clients find you.

Gap fillers.
There are content companies and busy clients that may offer you an all-you-can-write buffet. Having a few of these eggs can be a good thing because you can make fast money writing when you need to up your earnings or when you have a gap in your schedule. You an also spend some of your gaps working at upping your passive income streams through writing for revenue sharing sites, such as InfoBarrel and HubPages, or through developing content for your own sites and blogs.

How to find Writing Gigs:

Find ongoing and one-off clients by marketing on an ongoing basis. Freelance writers who market can get found by clients and some of those clients could provide you with regular work.

In terms of gap fillers, sign up with a writing agency, start a profile on a freelance bidding site such as Elance, sign up with content companies such as Textbroker, Internet Brands, and Demand Studios so you can dive into one of these options as and when you need to.

Getting paid to write articles can be a business of feasts and famines. By diversifying your incoming writing work sources and by continually marketing yourself you can have a wide array of options available.

CloudCrowd Update – Get Notified for New Projects

If you haven’t signed up for CloudCrowd yet, there’s still work to be done! You can work right on Facebook as and when you want (so long as there’s available work) and get paid the next day. In my first day on CloudCrowd I made $22 and was paid in the next 24 hours by PayPal but since then I keep missing the available assignments. I logged in today to see that they now notify you via email when you subscribe to be alerted about new projects.

Another great thing is that I earned $1.07 yesterday without working because people who have signed up under me did some work. My earnings comes from CloudCrowd’s end, not from the people in my personal crowd. So conceivably, as long as you refer people, you can earn money.

The work on CloudCrowd:

CloudCrowd tasks vary. Some of them are: grading website reviews, rewriting poorly written text, categorizing websites, etc. The way I see it, if you’re on Facebook several times a day anyway, you’d might as well get paid for it 🙂 Join CloudCrowd 🙂

Get Paid to Answer Questions

Quite a few sites want to offer people the ability to purchase knowledge and if you want to work at home, you could be answering questions for pay. People can buy answers online, they can view some of them for free, and they can get answers on their mobile phone, too.

If you’re looking to work at home and like doing online research, this could be something lucrative and enjoyable for you. Some sites offer revenue share and some offer paid services. Do beware that some places only offer pay if a customer is satisfied with your question.

Should you do a per question answering job or a revenue share option?

Up front pay might be what you’re looking for but be aware that revenue share options could result in passive income and might amount to more money over time.

Several Paid Question Answering Options:

Weegy

If you’re looking for a part-time work at home gig, consider joining http://www.Weegy.com.

Weegy pays about $0.20 USD per answer. You get paid via PayPal when your account hits $20.

WebAnswers

Webanswers.com pays with revenue-sharing. You can ask and answer questions. You get paid directly via Google Adsense so need your own account. There’s no guarantee with revenue sharing but it can have more long term earning potential if your answer is popular.

ChaCha

ChaCha.com is a popular choice and is said to pay ChaCha Guides between $3-9/hr for answering questions.

JustAnswer

JustAnswer offers a variety of paid questions for various rates and pays via PayPal.

AnswerGem

Answergem pays $9-$45 per answer. There are several levels of expert and clients can also pay to see archived answers so you can receive passive income here as well.

Askables

Askables.com is one to watch. They currently offer revenue sharing for those posting articles and points system for those answering questions. High points = more revenue share on your account. The site is also planning to roll out paid expert services as well in the near future.

Many won’t work full time answering questions from home but find it to be a nice sideline for a part time work at home job.

(photo credit: http://www.sxc.hu/profile/cobrasoft)

Make Money on Facebook with Cloud Crowd

Do you spend a lot of time playing on Facebook? Why not get paid for it with Cloud Crowd? Join CloudCrowd and turn your Facebook time into dollars. You can get paid via paypal for completing various tasks on Cloucd Crowd such as editing, tagging, research, and rewriting. And, if you refer your friends you make money when they do work as well. The system exists as a Facebook application and is easy to use with your Facebook account. So far, the system doesn’t feed anything to your news feed and works unobtrusively.

How does CloudCrowd Pay?

The company , who has been providing work via a Facebook application, has been offering work since September 2009. They pay via Paypal daily which means you can transfer the funds into your own account or withdraw via a PayPal debit card. Learn more about setting up PayPal and withdrawing Paypal funds to your bank account here: Paypal setup and withdrawal.

Home based money making income streams like Cloud Crowd, MTurk, Paid Surveys, and Passive article writing income can all add up to a part-time work at home income. Some people writing on work at home sites have said they’ve made up to $80-90 a day on CloudCrowd.

What kind of work is CloudCrowd?

  • They plan to roll out more types of work but at the moment you can:
  • submit websites that are hosted in China with poor English (About $0.16 each)
  • grade websites submitted (about $.04 each)
  • rewrite poorly written text to improve English (about $1.42)
  • grade rewritten text done by others (about $.05)

Pay and tasks available can vary and if you sign people up to be in your Crowd, you’ll earn a % of their revenue for three levels down. CloudCrowd is really becoming popular due to the easy money and fast pay. If you can rewrite quickly, you can make about $10-$15 an hour. There is a credibility score applied to accounts by the system and your work is graded. Future opportunities and pay may be related to that score. Join CloudCrowd

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3 Passive Income Writing Sites

If you like to write articles, you can make some decent income at it. My friend Maria makes about $1,500 a month on eHow. I’m not in the U.S. so can’t participate in eHow yet (I’m hopeful they’ll some day change that!) but I have other programs I do participate in such as:

-Bukisa

Bukisa wants your how to articles and videos and you’ll make $3.95 per 1000 page views. I started with this site in October and have already hit payout.

-Yuwie

I’m still learning about Yuwie but there’s lots to do in this social community so I’m checking it out. Not only do you get paid page views for things people do on your pages but for your own pages as well. The only downside I see so far is a LOT of ads to sift through and this comes up sometimes when I want to do something so having to bypass ads is slightly annoying.

-InfoBarrel

InfoBarrel is a lot like Bukisa or eHow but the site offers Adsense revenue sharing instead of per page view rates so this looks like it has the same type of potential as eHow which means you can make a lot of money. You can also see how much money you’ll make because you track it through your own Adsense account.

Making money through passive income streams works great because you can write something today that pays you indefinitely. In 2006 I wrote an article about a particular topic on a shared revenue site and it went viral and is still paying me about $30 a month via Google Adsense almost 3 years later!

Make Money Writing How-To Articles At HowHub

Interested in getting paid to write how-to articles? Like eHow, HowHub is willing to share advertising revenue with writers willing to write how-to articles. If you join HowHub, you can make 50% of Adsense earnings. Your Adsense publisher ID is used directly in your profile and you can upload as many how-to articles as you’d like. HowHub has publishing guidelines and they do check all articles before they go live.

Will this be a big moneymaker such as eHow? Hard to say but How-To’s are a HOT niche and trend as more and more people look to the Internet in order to do it themselves.

My Opinion:

Making multiple streams of passive income is a great way to make money online from home and a site like this could net you earnings months after you’ve taken the time to write the article. It doesn’t hurt to join the site and try it for a while to see if you make any money at it. If it doesn’t pan out, you can continue writing for sites like eHow, HubPages, Squidoo or do your own ad-driven content websites.

If you’d like to join HubHow, click here

Earn Money Writing With eHow

In the past, I’ve written for ehow as a ghostwriter working for a copywriting company and made good money at a flat rate an article. The thing about ehow earnings though, is that they can bring residual passive income month after month if you write for them directly. Why don’t I write for them directly and make passive income? The eHow writer compensation program is currently only open to U.S. residents and I am a Canuck. Drats.

eHow’s writer compensation program doesn’t give you a spefic pay per click commission structure. Much like Google Adsense, it’s a mystery. High paying keywords and great SEO will help you make more money from it.

If you write one ehow “how-to” article a day, within a few months you could be getting a very decent amount of money on a monthly basis. My writer friend Maria has been getting pretty monthly checks lately and just had her biggest cheque yet with almost $900 in September 2008 from her 202 articles which have been added regularly for the last several months. Even though she only wrote 11 new articles recently she’s earning from the last several months of work. Maria wrote a book about her strategy which is selling like hotcakes! I love freelance writing but when you sell it once, that’s it; your buyer gets to make all the future residuals. The eHow compensation plan lets you make passive income indefinitely!

Write one a day in your spare time and see what happens! Want to read a copy of Maria’s ehow book?