Ever feel like you’re wasting your free time spent online, and want to be a bit more productive and proactive? There are a ton of different ways to make money using the internet, and it’s a near-unending resource, provided you know where to look.
We’ve compiled this short guide, looking at ways that you might be able to invest your time a little bit better, and how you can transfer that investment of time into perhaps some short and long-term financial gain, too. Read on to find out more!
Getting to know your finances
First things first, are you financially stable and comfortable? If the answer is no, then you should start by leveraging some of the many available free tools to get to grips with your spending habits, outgoings each month, and outstanding debts/direct debits etc.
From simply going through your online banking statistics to getting help from a financial advisor online, the internet can be a great tool in helping you to overcome the unknown. It’s a simple and perhaps obvious step to take, but it’s one that many people don’t do, and it might be one of the reasons why a large number of people in this day and age don’t have savings or truly feel financially free. When you’ve taken the steps to become aligned with your financial portfolio, you’ll then find it easier to go ahead when looking at different money-making strategies and passive investment ideas.
Educating yourself on investment
A fantastic, productive practice that many are starting to do in their free time is micro-investing, which can be done through smartphone apps such as RobinHood and MoneyBox. Making it a simple process to invest passively when busy and on the go, this is a great starting point for those looking to fill their time productively, and make a little bit of money in the process. MoneyBox, specifically, is a completely hands-off example, simply rounding up the change from contactless payments you make on your phone and putting it into investment funds that you’ve agreed upon beforehand.
Micro-investment isn’t the only thing that you can learn about online, of course. RWinvest, a property investment company based in the UK, offers podcasts, videos and guides on the developing real estate investment market in the UK at the moment, and you can consume all of their content at the click of a button from your phone, depending on how you like to view and digest information.
Working on your online persona
Rather than building up a social media profile with random likes and interests as a time-sink, why not cultivate a professional online portfolio when you get the chance? Whether it’s as simple as an in-depth LinkedIn profile, or a fully-fledged website with examples and links to past work you’ve completed, carving out your own sector of the internet in this way will make it clear to those around you that you’re talented in your field, and it will make it much easier to people to reach out to you should they wish to collaborate. This is the perfect starting point for those wanting to complete freelance work and earn a secondary income stream.