This website is about the ups and downs of retirement, semi retirement, and my personal experiences. May you find the information useful in getting you to a wonderful and happy retirement!
How to make money on the web
If you’ve read my blog you’ll know that I was unexpectedly laid off, and kind of forced into retirement. I was making over 6 figures a year and unemployment was pennies in comparison. $375.00 a week compared to $3500.00 a week. Huge drop in income! To be accurate, I could’ve found another decent paying job, but as time wore on, I began to realize that maybe I didn’t want the stress of the corporate world. I was 58 years old (a year older now) and learned that by making some budget cuts, I could absolutely survive on less. However, I needed income, and if it wasn’t as a high paid sales executive, where would it come from? That’s when I discovered how to make money on the web.
It Ain’t Easy!
Textbroker.com was the first place I looked for work. There, they employ writers of all levels and pay a couple bucks for every article, blog, or review that you write. The pay boiled down to about $5.00 per article which worked out to be about $5.00 per hour. I write slow….
This is not big money but, they always have work and will pay you whenever you ask for it. You could crank out $50.00 a day but, it ain’t easy! Long hours, and many boring assignments. But, sure beats going into the office. Note that almost anyone can write for textbroker. Catch is, you’ll take an assessment test and that’ll turn into a rating by which you are paid. A penny a word? Two cents? In order to survive on a gig like this, you’ll need lots and lots of time.
Another writing site I signed up for was WriterAccess.com. They pay a lot more (about $15.00 per article depending on your level – they too have an assessment test). There have been days I’ve made $30.00 in just a couple of hours. Big problem here is that there isn’t enough work. You can’t make over $30.00 a day because there the work simply isn’t there.
Rev.com is a transcribing service that usually has lots of work. And, the pay per transcription is about 15 dollars for a half hour of audio. I went ahead and purchased a cheap pair of headphones from Amazon and started taking assignments. Again, it ain’t easy! It usually took me about 3 hours to transcribe a ½ hour of audio. Why? First off, many people are very difficult to understand so, I would slow down the tape to play at half speed. I am also not the speediest typist on the block. I found I could make roughly $20.00 per day with transcription. You should be able to make more than that, but honestly, I could not bear to do the job more than 4 hours a day. The hourly rate typically works out to be $5.00 per hour. Not exactly easy money.
The easiest money I’ve ever made on the web was at usertesting.com. Here, I’ve earned $20.00 for a half hour of website testing. You are asked to click links in either new or existing websites and provide feedback on what you expected to find versus what you actually did find. This is the most fun I’ve ever had working, but sadly, there is hardly ever any work. There are other testing sites out there if you search for them but my virus protection did not like many of the “screen recorder” applications you have to download from the other sites, so I can’t recommend them.
The sites I mention here are all legit and tested by me. Below is a snippet of the money I earned online the week of March 06, 2017.
More Work on the Web!
There are multitudes of ways to make money on the internet. I just signed up with FusionCash and SurveyJunkie and made $6.85 in about 45 minutes. All I had to do was fill out some surveys. But, the problem with these sites is that you are usually bombarded with emails from other companies. I recommend getting a separate email account so your personal email remains intact. Also, I found that in order to qualify for a survey, I usually had to take a prequalification survey which to me seemed like a big, fat time waster. Somehow, I felt like I was getting scammed because I found myself taking more surveys than I was actually paid for. It’s not for everyone but my understanding is that a lot of people do make extra side cash from these websites.
Here’s a very challenging way to make money on the web. Onespace.com…. This site has a variety of tests to take before you can start working and, I’ve only managed to pass one test. I can’t really confirm whether the money is great or not since I haven’t worked a single assignment there. If you ever manage to pass more than the Quality Assurance, Level 1 test, please share your thoughts. How much can you make? How abundant is the work?
Is it worth it?
Making an extra $200.00 per week is nothing to sneeze at. However, in conclusion, I have to admit that the work is hard, tedious, and not very financially rewarding. With online work, in essence, you’re still working for someone else but getting to do the work at your leisure. But, I have found that you pay a price for that leisure by netting teeny, tiny compensation. For those who are looking to pick up a couple bucks, Penny Hoarder has some great (and not so great tips) so check out their article. https://www.thepennyhoarder.com/make-money/45-ways-to-make-extra-money-online/
Next up – Get that budget under control! Plus, more ways to make money – ideas for part time work.