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The Best Ways to Make Money Online

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While there are many ways to earn online, the best way to earn a consistent income is by working remotely or investing. There are other ways to earn sporadic income–which can be great if you’re in a pinch and need some extra cash–but if you’re looking for a lasting solution, The Modest Wallet is your go-to guide.

When you’re looking to make money online, the top methods that work are easy to integrate into your current schedule, offer you the best payout for your efforts and pay you in a secure way. After all, you don’t want to give away your bank information to an opportunity that’s too good to be true.

In this article, we’ll dive into two of the biggest payout methods of earning money online: working remotely and investing.

Working Remotely

Even after thousands of employees returned back to work in-person or using a hybrid model following COVID-19, more jobs are switching to a remote option. In a recent article by Forbes, Upwork estimates that nearly 32.6 million Americans will work fully remotely by 2025.

Whether you’re looking for a side hustle, passive income, or a full-time career change, it’s now easier than ever to find remote work.

Set Up Shop

Setting up an e-commerce shop is a straightforward way to earn money online. Depending on the goods you sell, your time commitment to this method could range from full-time work to a passive income that requires a few hours of your time.

Platforms like Etsy allow artists to reach customers and sell their unique products with ease. You can sell anything from print t-shirts and digital art to knitwear and jewelry! The best part? You can set your prices, offer sales, and determine shipping and delivery timelines. 

Can you operate a digital store without producing the goods? Consider opening a dropshipping storefront. Dropshipping storefronts are platforms that curate a range of products for consumers where you don’t hold any of the inventory yourself, but you connect consumers to products. Think of yourself as a liaison between the manufacturer and the customer–you make money by marking up the products.

Look for Gig Work

Maybe you can’t provide a tangible product that suits e-commerce, but your skills can still be marketable. If you have experience in writing, video editing, tutoring, or web development, to name a few, you can market those skills on a project basis.

Websites like Fiverr, Guru, and Upwork allow you to platform your skills and availability, set your rates, and work on a schedule that suits your lifestyle.

Hunt for Full-Time Work Online

Looking for stable, full-time work? Create a profile on any of the popular job search platforms, like Indeed, LinkedIn, or ZipRecruiter. These websites allow you to network with other professionals, showcase your skills and experience, and even quickly apply to remote jobs.


If you have some extra money that you want to grow, investing can be a great option. Investing can often feel out of reach or complicated, but with our exclusive resources, it doesn’t have to be.

Getting Started

Before you begin investing your money, do your research. It’s typically not advisable to invest if you’re struggling with a debt that has a high interest rate or if you don’t have an emergency fund set up for yourself yet (it’s best to have an emergency fund that can see you through six to nine months). 

If all of your financial ducks are in a row, otherwise, you can decide your goals and approach. We recommend following our handy guides to learn the best ways to get started.

Remember the Golden Rules

When investing for the first time, always:

  • Invest only in assets you understand
  • Invest with a long-term mentality–it can take time before you see returns
  • Diversify your investing portfolio
  • Only invest using excess money–you should be able to pay your bills and other expenses before you invest
  • Maximize your tax-sheltered accounts
  • Rebalance your portfolio every year
  • Routinely cut your investment costs

Need More Tips? Trust The Modest Wallet

The Modest Wallet is the leading financial literacy resource for individuals looking to simplify their financial decisions while reaching their goals. From finding easy money online for beginners to expert advice about investing in cryptocurrency, The Modest Wallet has the resources to set you on the path to financial success.

Looking for more tips and advice? Check out our resources to get started on reaching your financial goals today!


  • https://www.forbes.com/advisor/business/remote-work-statistics/

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