Savvy 21st Century Ways to Increase Earnings

– Contributed content –

(Rawpixel.com, Pexels)

1 Feb. 2019. It’s one of those truisms that, pretty much irrespective of all other factors, having a bit more money always seems to be just what the doctor ordered — and any relatively straightforward plan or side hustle that holds out the promise of providing a boost in monthly income is automatically tantalizing.

In years past, the only real ways for people to earn a bit of money on the side involved getting physically out there in the world after or before their day jobs, and hustling in one way or another, whether by working part-time in a corner shop, or by selling goods at a market.

Thanks to the wonders of the internet and modern digital technologies, however, it’s now possible to earn money on the side in any number of different ways, without even having to leave the comfort of your own home.

So, if you’ve been thinking recently that you could use a bit of income on the side, here are some savvy 21st-century ways of increasing your earnings.

Referral and affiliate marketing schemes

Affiliate marketing programs allow you to earn commission by, essentially, advertising and selling other people’s goods. Using this model, you can set up your own virtual “store”, and strive to corner a particular niche, or else to effectively monetize any already high-traffic web site you might be running.

Closely associated with affiliate marketing programs are the various referral schemes offered by different companies, and having their particular pros and cons, in which the benefits of a forex referral program, for example, will be quite specific and unique.

Many companies and services you already use will likely have referral programs you can participate in by getting friends on board. And many other web-based businesses can have affiliate links embedded in them as a means of generating extra revenue.

Part-time web-based freelance work on evenings (or mornings) and weekends

Thanks to the internet and recent developments in business culture, it’s possible to earn money on the side by doing part-time freelance work in whichever blocks of time in your day are most readily available.

It could be, for example, that you get on a more structured and by-the-numbers freelance writing platform and take on a few articles early each morning before your main job — or maybe once you’ve arrived home that evening.

Then again, you could also go the more “all-out” route, and form working relationships directly with clients, in a more specific advisory capacity.

Apps and services that help to optimize your use of time

Time is money, right? At least, that’s what the old saying says.

By using cutting edge apps and services designed for the express purpose of helping you to get a handle on your time, you can more easily eliminate distraction and procrastination from your day, and complete the assignments and projects you do have with greater ease and in a more decisive manner.

This is true both on the individual level, as in the use of personal accountability tools such as RescueTime or Nozbe, and also on the team level, with team and project management tools such as Trello.

Editor’s note: The opinions in this post are the contributor’s and not those of Science & Enterprise.

*     *     *