Your pockets are empty, you have no money to invest, and you don’t have time. But you still want to quickly make money online without paying anything.
Get lost in a desert, find a magic lamp, and command Genie to fill your bank account to the top.
Easy, isn’t it?
But there’s an even easier (and more realistic) option.
Spare a few minutes to read this article in which I’ve shared more nearly two dozen different ways you can actually make money online without any investment or sign-up fees, even if you’re a total newbie.
If you’re a regular NicheHacks reader, you know we don’t share useless advice like selling everything in your house on eBay or clicking Google Ads all day (which is illegal anyway).
This post is about practical ways that’ll make you money online without the need to spend anything upfront.
Making Money Online Without Money – Is It Possible in 2020?
You need investment to start ANY business in the world.
When you don’t have money, that investment comes in the form of your time.
This isn’t true for every business model but there are ways you can earn money even with empty pockets provided you can invest your time in it.
For example, Chandler Boult, a college dropout with no money to invest, made several thousand dollars in his first year as a self-published author on Amazon.
His story was so remarkable even Business Insider covered it in 2015. Today he runs an online academy teaching people how to replicate his success.
Here’s another similar story.
When Harold, a Fiverr Super-Seller, graduated from college, he had several thousand dollars of student loans, no job, and no money to invest.
This is when he found Fiverr and started doing small freelance graphic design projects.
Today, he’s one of the top Fiverr freelancers pulling in 6-figures a month with freelancing. He has grown a team and turned his desperate side gig into a full-time business.
I can share dozens of other examples where people started online businesses with zero investment and transformed their lives.
So, yes! you can make money even if you’re broke.
But how quickly can you do it?
And how reliable are these methods?
I’ll answer it in the next section.
22 Work From Home Jobs: How To Make Money Online With Paying Anything?
You have a choice – invest money or invest time
Building a long-term and sustainable online business with no investment requires more time. You need to work for countless hours finding such opportunities and then doing all the work yourself because you don’t have the money to outsource work.
In a few months/years, you can turn them into fully functional businesses, grow your team, and become more independent.
There’s no magic or mystery in this.
You only need to identify a need or problem, find the best solution, and charge money for it. It can be in the form of a product or a service.
The bigger the problem and the better the solution, the more money you can charge. This is true for any business in the world including online businesses.
But what if you need money right now?
This is where quick money-making methods come in.
Most of them are not long-term career options. But they pay quickly, don’t require any investment, and can give you the breathing space to work on the more sustainable business models.
In this article, I’ve listed both short-term and long-term ways to make money online without spending anything.
Short-Term Ways To Quickly Make Money Online
If you want to earn money quickly without spending a dime, the following list is for you.
If you’re patient and consistent, you can even turn many of them into full-time income options.
Let’s look at each method in more detail.
- Passive Income: No
- Learning Curve: Short
- Min. Time Required Per Day: 1 hour
- Time to earn the first $100: 1-2 days
- Long-Term Career Option: Yes
- Long-Term Income Potential: $30K-$100K per annum
If you have a skill (any skill) you can find people who’d be willing to pay you to work for them as a freelancer.
This is the fastest way to make money online.
You can do it today, right now, this moment.
Millions of people around the world are already doing it.
According to a 2019 survey report by Upwork and Freelancers Union, there are more than 57 million freelancers in the U.S alone, a number that’s expected to reach 87 million by 2027.
There are millions of freelancers in countries like India, Pakistan, Bangladesh, the Philippines, Russia, and many other places.
What jobs do they perform and how much money do they earn on average?
This infographic will give you an idea.
But freelancing is not limited to these industries.
You can literally offer any skill as a freelancer.
- Have good writing skills? Become a freelance writer
- Can you type quickly? Perform typing and transcription jobs
- Have a good accent? Do voice over projects
- Know how to drive sales with your words? Become a direct response copywriter
- Can you design logos and banners? Become a graphic designer
- Know how to code? Apply for thousands of programming jobs.
- Create PowerPoint presentations, proofread and edit content, find data entry work, edit videos, etc.
Can’t do any of those things?
How about doing this for a few quick bucks?
This guy will dance on any song you want for $35 and he already has almost 200 customer reviews.
Can you believe it?
Anyone can do this.
But if you’re serious about freelancing and want to make quick money doing something less awkward.
Here are a few things to do for freelancing:
- List down any jobs you’ve ever done
- Any school/college projects you’ve done
- Anything you’ve done for a non-profit or a project with friends
- Any other skills you can think of (writing, speaking, typing, browsing the internet, research, etc.)
- List all your hobbies
Once you’ve listed everything down, see which skills can you offer as a freelancer.
For example, if you’ve ever done online research for a college project, you can easily offer it as a service to thousands of clients worldwide (like this freelancer)