AFFILIATE MARKETING
Unlocking The Secrets to Easy Money Making in 2023
The current economy is not our friend. Gas prices are soaring. Real estate prices are at an all-time high. From groceries to education, the cost of everything has increased, with the consumer price index (CPI) of food increasing by 9.5% in the last year.
Since many primary jobs do not seem to pay enough to cover people’s living costs, 45% of Americans have a side hustle or under-the-table job to help make extra income.
Do you find yourself constantly struggling to make ends meet, with mounting bills and the pressure of building a nest egg for the future weighing you down? The good news is that there are ways to earn extra cash that can help you relieve the financial burden.
With a little effort and knowledge, you can supplement your income and earn more money, all while covering your regular household expenses and building your savings. Here is a list of relatively easy ways you can earn some easy money in 2023:
Make Use of Affiliate Marketing
Affiliate marketing has always been an easy and underrated way to earn extra cash. The idea is simple. You earn a commission every time someone buys a product based on your recommendation. You post about products on your online platform such as social media or your blog; people click the link redirecting them to an affiliate product page. If they make a purchase, you make a percentage of that income.
Start Working as a Freelance Content Writer
Affiliate marketing is one of many ways to make money through content. Most companies need a content writer, whether for their website or a random project, at some point. In addition, the global market has moved almost entirely online, meaning there will never be a shortage of work if you’re a web content creator who markets themselves effectively.
Teach a Class Online
If you have a skill, no matter how useless or generic you think it is, someone will pay good money to learn it from you. Know the basics of baking? You can make money teaching the basics to someone who just got opened their oven. Know how to do simple car or household repairs? There is someone who wants to learn it. You can partner with some online educational organizations or even teach your classes on YouTube.
Get Into Influencer Marketing
In this era where every kid, sibling, and grandpa is a TikToker, it’s not easy to start making immediate cash through being an influencer. Creating a brand as an influencer can take solid planning, time, and effort. There is no manifesto or manual on how to succeed and there is no exact formula for going viral. Does that mean there is nothing to do than just put all your content up and hope for the best? Not really.
Some tips and tricks can often come in handy in this case. The idea to succeed in influencer marketing is to create something relevant and unique. What is something unique that you can do? Or maybe it’s something many people like, but no one seems to be talking about it yet. You can sell whatever you have as long as you have a unique take on it.
Create a Blog
Another thing you can do that will take time and willpower is start your own blog. There is no shortage of data people can consume. So, what is the point of adding another blog to this chaos? Creating a successful blog that brings in traffic that ultimately converts to money is not easy. But is it impossible? No. With the proper search engine optimization techniques, your blog can also appear at the top of Google search results. Just make sure you don’t choose an oversaturated niche. Also, ensure you have at least one USP (unique selling point) that sets you apart from your competitors.
Get Into The Stock Market
The stock market and options trading could be successful side businesses if you’re interested in investing and seeking a side gig. Options trading is when you can buy or sell contracts that give you the right, but not the obligation, to buy or sell an underlying asset like a stock or ETF at a certain price and time.
Reading books on options trading and practicing with a trial account are both crucial steps in getting started. You may also join Discord servers and online groups to connect with other traders and gain knowledge from their experiences. Options trading involves risk, but if you go into it with discipline and caution, it is a simple method to make money.
Easy Under-The-Table Jobs
While many side jobs on the list above can help you make extra income, the problem is that you still need to report what you earn from most of them. So, you will have to give away a hefty amount of what you make to taxes. Getting yourself an under-the-table job can come in handy here. These jobs usually pay in cash. So, you can directly put the money aside without you having to include them in your tax declarations. Below are a few examples of a few under-the-table jobs that can help you make some easy side income:
- Offer pet-sitting or grooming services
- Sell itineraries for popular travel destinations
- Babysit kids
- Offer house-sitting services
- Offer cleaning or housekeeping services
- Do some landscaping or snow shoveling
- Offer investing option strategies
The Options Are Endless
There are plenty of options here. You can help tutor kids at home, give swimming lessons, clean pools or cars, do minor repair work, etc. All jobs of these kinds can help you make extra income without having to report it in your tax files.
This article was produced and syndicated by Wealth of Geeks.
Ananyaa Bhowmik is a neurodivergent and queer pop-culture journalist with the Wealth of Geeks. She has previously worked with brands like Sterling Holidays, Myntra, Bajaj, and the Loud Interactive. She is an independent scholar, cat parent, and performance poet. Her areas of research and interest focus on and around digital marketing, Canadian indigenous history, queerness in media, and pop-culture and fandom studies.
AFFILIATE MARKETING
Cut Costs, Not Features with This Microsoft Bundle Deal
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.
Software subscription fees can quickly add up, and for small-business owners, entrepreneurs, or freelancers, these costs can eat into profits. Businesses spend approximately 29% of their IT budgets on software, according to a 2023 survey by Gartner.
For business professionals who are looking to streamline workflow without paying steep subscription fees, the Ultimate 2019 Microsoft Bundle might be the perfect solution. For just $71.94 (regularly $927), this comprehensive four-part bundle offers Microsoft Office Professional Plus 2019, Windows 11 Pro, Project 2019, and Visio 2019.
While it’s not the newest version of Microsoft’s software, it can deliver tremendous value for anyone seeking tools to manage their business, boost productivity, and work efficiently. The bundle offers a lifetime license, meaning you’ll get all the functionality you need without the recurring costs associated with subscription services like Microsoft 365.
However, it does come with Windows 11 Pro, which includes the recent AI updates. Windows 11 Pro delivers a modern, intuitive interface with enhanced security features such as biometric login and Smart App Control, making it ideal for professionals who prioritize privacy and usability. It’s also equipped with tools that support multitasking, such as Snap Layouts and Virtual Desktops.
For companies looking to reduce overhead without compromising essential functionality, making a one-time purchase of slightly older software is a smart financial move. This includes Office’s most popular productivity tools, Word, Excel, PowerPoint, and Outlook.
Project 2019 is a must-have for anyone who is managing large or small projects. It helps track tasks, timelines, and resources, making it easier to stay on top of deadlines and ensure your team moves in the right direction. Project 2019 gives you the tools to streamline processes and manage tasks efficiently.
Visio 2019 is ideal for creating professional diagrams, flowcharts, and organizational charts. It’s particularly valuable for visualizing complex data or workflows, which is essential for business owners looking to improve operational efficiency.
If you need a productivity boost without eating into savings, take a closer look at this bundle.
Get the Ultimate 2019 Microsoft Bundle with Office, Project, Visio, and Windows 11 Pro for $71.94 (regularly $927).
StackSocial prices subject to change.
AFFILIATE MARKETING
3 Trends That Will Change the Future of Entrepreneurship
Opinions expressed by Entrepreneur contributors are their own.
The most recent data from the new Global Entrepreneurship Monitor report reveals a powerful trend for the future of entrepreneurship.
Young adults, aged 18-24, had both the highest entrepreneurial activity and entrepreneurial intentions in the United States, according to the Global Entrepreneurship Monitor 2023-2024 United States Report. With similar results in 2022, this is not just a minor shift — it’s a fundamental change that could have lasting impacts on the economy and society.
I serve as the chair of the board for the Global Entrepreneurship Research Association, the entity that oversees GEM, which was founded in 1999 as a joint venture of Babson College and the London Business School. As the GEM U.S. team co-leader and a professor of entrepreneurship at Babson, I see firsthand the impact of the research created by the Global Entrepreneurship Monitor.
Here are three entrepreneurship trends from the new GEM report that are changing the landscape for the future.
Related: 21 Success Tips for Young and Aspiring Entrepreneurs
1. Young entrepreneurs on the rise
For years, entrepreneurship has been dominated by older, more experienced individuals, but this year’s report shows that the youngest adults are now at the forefront. According to GEM, 24% of 18- to 24-year-olds are engaged in some form of entrepreneurial activity, a higher rate than any other age group. What’s driving these young entrepreneurs is equally remarkable: They aren’t just starting businesses to make money; many are deeply committed to making a positive impact on society and the environment.
These young entrepreneurs make sustainability a key priority. They are more likely than entrepreneurs from older generations to build businesses with sustainability as a core focus — whether that means reducing their environmental footprint or focusing on social causes. This shift toward impact-driven entrepreneurship isn’t just anecdotal. GEM data shows a significant number of young entrepreneurs taking real, measurable steps to create businesses that align with their values. With sustainability as their north star, young entrepreneurs appear to be simultaneously pursuing societal impact as well as profits.
However, it’s not all smooth sailing. While young people are leading the way in starting businesses, they are also discontinuing them at higher rates than their older counterparts. The discontinuation rate for 18- to 24-year-olds is 15%, the highest among all age groups. This is not surprising, given the challenges of inexperience and more limited access to capital. Starting a business is tough, and sustaining one is even more challenging. But despite these hurdles, the enthusiasm and energy that young people bring to entrepreneurship are undeniable, and with the right support, this generation has the potential to drive substantial change.
2. Tech gender gap narrows
One of the most promising findings in the GEM report is the narrowing gender gap in the technology sector. Historically, tech startups have been dominated by men, but 2023 saw a record-low difference in the number of men and women starting tech companies. The gap has narrowed to just 1%, with 8% of women compared with 9% of men launching businesses in the Information and Communication Technology (ICT) sector.
This is a significant step forward and reflects broader efforts to support more women technology startups. Still, it’s important to recognize that while progress is being made, continued focus on providing equal opportunities is essential to ensuring this trend continues.
3. Optimistic outlook for Black and Hispanic entrepreneurs
Another highlight from the report is the optimistic outlook among Black and Hispanic entrepreneurs. These groups showed stronger confidence in their entrepreneurial abilities and lower fear of failure compared to their white counterparts. Black respondents, in particular, demonstrated high levels of resilience and self-assurance, which is vital in overcoming barriers faced in starting and sustaining businesses. This optimism is encouraging, but there’s still much work to be done in assuring ecosystems offer equal opportunities for all aspiring entrepreneurs, regardless of their background.
Related: I Wish I Received This Advice as a Young Entrepreneur
A promising future
Reflecting on the key findings of this year’s GEM report, it’s clear that the entrepreneurial landscape is changing in meaningful ways. The rise of young, sustainability-driven entrepreneurs signals a future where business is not only about profit but also about making a difference. These young entrepreneurs are launching businesses at a time when the world is looking for solutions to some of its most pressing challenges — climate change, poverty and economic recovery.
Yet, to fully realize the potential of this next generation, there must be more focus on addressing the challenges they encounter. Young entrepreneurs need access to the right resources — whether it’s funding, education or mentorship — to turn their innovative ideas into sustainable businesses. The narrowing gender gap in tech is encouraging, but we must continue to foster environments that support women and other underrepresented groups in entrepreneurship.
The GEM report paints a picture of an entrepreneurial future driven by purpose, diversity and innovation. But it also reminds us of the work that lies ahead in making entrepreneurship more accessible and sustainable. If we can provide young entrepreneurs with the tools and support they need, we will not only see more businesses being created — we’ll see businesses that are making a lasting, positive impact on the world.
AFFILIATE MARKETING
These Are the Top Side Hustles to Work Less, Make More Money
In the best-case scenario, a side hustle could turn into a multimillion-dollar business that generates a passive income stream — but at the very least, starting a side gig could help pay some bills.
A new survey from personal finance software company Quicken shows that almost half (43%) of Americans with a side hustle, or an extra source of income added to a primary income, make more money and clock in fewer hours overall than those without a side hustle.
The three most popular side hustles pursued by those who work less and make more money were personal assistance (20%), cooking and baking (16%), and caregiving (16%). One in five people with side hustles said they were business owners, too, selling products online or offering services like photography.
The majority of people with side hustles (82%) said starting a side gig helped them financially, and kept them from living paycheck to paycheck. Most with side hustles (57%) had savings equal to at least four months of living expenses.
The survey also found that, for younger side hustlers, a way to an extra income doubles as a path to becoming more employable. 44% of Gen Z (born between 1997 and 2012) choose to start a side hustle in order to obtain skills for long-term careers, much higher than the overall 18% of Americans who started a side hustle with the same motivation.
Quicken conducted the survey online, gathering responses from more than 1,000 Americans.
Additional research on side hustles, released in August by NEXT Insurance, showed that three out of five people bring in less than $1,000 monthly in side income, while 22% make $1,000 to $10,000 a month, and 15% make more than $10,000.
Related: Starting a Side Hustle Should Come With a Warning Label — Here’s What You Need to Know
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