Monthly Income sources via online?

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The key to financial freedom is a simple one. Create a monthly recurring income that surpasses your monthly expenditures. This is not a straight line and often requires different strategies

Well, imagine the following scenario. You own a website that that is monetized by affiliate commissions. Your affiliate partner decides to change their commission rate and suddenly your online income drops by 75%. Or maybe your site was funded by advertising that once ranked high in the search engines, only to find it with a lower ranking by a Google algorithm. Your income can potentially drop to zero.

You get the point. Without diversity in your online income source you are risking your income by having all your eggs in one basket. And, that can obviously create a huge amount of risk.

Included are both active income and passive income examples to provide options to diversity. Now, a word of caution before we continue: Some of these online income sources are able to be implemented quickly, but are not necessarily the money making methods.

As for any idea, please research and learn all you can about anything you want to try. Knowledge is power and will help you make the right decision for your plan.

Selling services online is probably the most popular model on the internet for the simple reason that it is fairly quick to implement. This can be a good place to start and a good way to earn extra cash or possibly full time income.

If you have an expertise, such as programming, coaching, or consulting, then a well written sales page on your own website can be a smart business tactic.

This is the leading place online for freelance work. Businesses can connect with independent providers, like you to get work done. They post their jobs for bidding and you can choose the ones that fit your skills and preferences.

This is like Elance, but has more categories to select from. Consider using both of them.

The world of internet brings plenty of opportunities that let you work from home without compromising your earning potential. Here are a few options you can consider.

Virtual assistantship includes scheduling meetings, getting in touch with clients and investors, following up on orders, creating business documents like PowerPoint presentations and Excel sheets, managing blogs and websites, etc. Virtual Assistants (VAs) work remotely with their clients and manage the aspects of their business that they are too busy to handle themselves.

Plenty of international businesses, scholars and authors would be willing to enlist your services for their translation needs if you can prove your proficiency.