The digital space affords you many opportunities to earn money. It gets even better when you have trusted sites online where you can make money without investment.
For many, the fear of investment has limited their ability to see the possibilities of making money online. They have probably lost money to scams and schemes that promised but never delivered on providing an income source.
Punch believes that in Nigeria, 31.1% of financial phishing efforts were made via phoney payment system websites, 51.2% through phoney online retailers, and 17.8% through phoney online bank portals.
A lot of opportunities abound online. Staying broke with no cash is unacceptable. Maximize these online money making sites you can trust and try them out to earn money online.
Key Takeaways
- A low- or no-investment money making site allows you to explore online opportunities and decipher which is better for you to settle for as a career.
- While get-rich-quick schemes are prevalent and should be avoided, there are genuine ways to earn extra cash through legitimate online platforms.
Table of Contents
What is Investment?
Investment simply refers to the acquisition of assets or the setting aside of cash value with the sole intention of having a greater return after some time. In investment, you put your money to work with the expectation of making it grow after a period of time. This can be achieved by either buying assets whose value appreciates with time or generating income.
Investments can also be made in personal development. Here, you spend money on knowledge with the expectation of leveraging the knowledge to make more money in the future.
Why Online Money Making Sites Without Investments?
Making money online without investment sounds too good to be true, right? While get-rich-quick schemes are prevalent and should be avoided, there are genuine ways to earn extra cash through legitimate online platforms.
It is very easy to lose money while looking for quick ways to make money without investments. This option is not to discourage you from investing to make more money, but simply as an alternative for you when you don’t have the resources to invest.
You should consider this for the following reasons:
1. Increase your Income
Without investments, this is considered a low entry source of income. Thus, you have the chance to make more while spending little or nothing. Taking advantage of these options helps you generate more income. These online sites might not necessarily stop you from your daily jobs and other activities, even while they bring in extra money.
2. Building your Portfolio
The pressure is less when the investment is low. The income might not be much, but the experience gained from handling those jobs is priceless. Online money making sites give you a chance to earn while you build your portfolio. You get to improve your skills and freelance ability for the future.
3. Test Online Opportunities
You don’t test the depth of a river with both feet. A low- or no-investment money making site allows you to explore online opportunities and decipher which is better for you to settle for as a career. You lose fewer exploring opportunities compared to when you take the investment route.
10 Trusted Online Money Making Sites Without Investment
The internet provides vast opportunities for the generation of income. Here are 10 trusted online money making sites without investment:
- Youtube
- Shopsy
- Swagbucks
- Upwork.com
- UserTesting.com
- Medium.com
- Rumble.com
- Amazon.com
- Shutterstock.com
- Task Rabbit
- Bonus 1: Chegg
- Bonus 2: Product tube
1. Youtube
YouTube is a global video-sharing platform where users can upload, view and share videos.
YouTube is ultimately the most accessible website you can leverage to earn massive income without making any investment. YouTube is one of the most trusted online money-making sites without investment that pays creators for their works.
Every Google Mail owner automatically has a YouTube profile. Optimizing your YouTube profile in a way that your visitors can easily relate to gives you an advantage. Sharing well-optimized educational, informative, and entertaining content on your YouTube channel attracts visitors, which increases your content views and watch hours and qualifies you to be paid by YouTube.
You need to have at least 1,000 subscribers and 4,000 watch hours in the last year, or 1,000 subscribers and 10 million true public Shorts views in the last 90 days, to start earning money directly through YouTube.
To earn money on YouTube, simply do the following:
- Create an optimized channel
- Share quality videos and shorts
- Promote your videos and drive traffic
- Apply for monetization (when you meet the criteria)
- Go to YouTube Studio
- On the left menu, select Content
- Next to the relevant video, click Monetization
- Click on it in the monetization dropdown
- Click Save
YouTube pays an average of around $0.01 to $0.03 per view after qualifying for monetization. This simply means that every monetized creator earns between $10 and $30 for every 1,000 YouTube views. You can also earn through partnership, community, advertising, etc.
2. Shopsy
This is a website that provides users with the chance to sell listed products and earn profits. Created by Flipkart, the Shopsy website houses lots of products and one can easily pick their preferred product, market it on social media, and make sales.
Shopsy offers a dropshipping business model, as users are allowed to add their preferred profit while posting their chosen product on their social media platforms. It is one of the most trusted online money making sites without investment.
To earn from this site, you simply need to do the following:
- Choose your preferred product from their catalog
- Add extra fee to the price
- Share on your social media platforms
- Scale to receiving and delivering larger orders and wholesale
This is considered one of the trusted online money making sites without investment because it is backed up by Flipkart.
3. Swagbucks
Swagbucks is one of the trusted online money making sites without investment that allows you to earn points for carrying out and completing online tasks. These points are referred to as SB. They are converted to cash and can be withdrawn by users.
You need no investment to use this website and it can serve as a source of income without affecting your daily activities.
These are the different ways to earn SB points on Swagbucks:
- By completing task
- Watching different videos on diverse topics
- Use ‘Swagbucks’ search engine for your daily internet searches
- When you shop online at stores connected with Swagbucks,
- Playing games on their Swagbucks
- You can earn points by availing of special offers, like signing up for services or trying out new products through Swagbucks.
4. Upwork.com
It can be so frustrating to be skilled yet struggle to make money from it. Upwork is a site that allows freelancers to showcase their skills and connects them to businesses that need their services. It is one of the most trusted online money making sites without investment, as you aren’t expected to make any initial payments before creating your account. A thousand businesses interface with freelancers on this site daily.
Here is a step-by-step guide on how to maximize Upwork as one of the trusted online money making sites:
1. Create a well-optimized profile
- Summary and Headline: Write an easily understood and clear headline that showcases your qualifications and target audience. Give specifics about your experiences, skills, and qualities that make you an ideal asset for potential customers in your overview.
- Skills and Experience: Summarize your experience and provide any relevant certifications or educational background that bolster your knowledge.
- Add samples of your work from your portfolio to show your competence.
2. Set up your Availability and Rates
- Availability: Show your availability to potential clients.
- Hourly Rate vs. Fixed Price: Specify if you would rather be paid by the hour or by the entire job. To establish competitive pricing, take into account your experience and look up average prices for comparable services.
3. Search for Projects
- Research job postings: Look for tasks that fit your experience and skill set. You may filter tasks on Upwork by category, skill level, cost, and other factors.
- Job Offers: Once you’ve located a project that fits your needs, write a compelling application that highlights your skills and makes you the best person for the position. Make your proposal unique by attending to the specific needs of the client as stated in the job posting.
These steps cost you little or nothing to set up. You earn as you take on tasks and deliver projects. As a freelancer, Upwork.com gives you a good opportunity to make money from your expertise.
5. UserTesting.com
UserTesting.com is a website that allows users to earn money simply by testing websites and apps and providing sincere reviews and feedback. The website is one of the trusted online money making sites without investment. It costs you nothing to sign up and you can earn as much as $10 from each successful test completed. Each test takes an average of 20 minutes.
6. Medium.com
Medium.com is a popular website that allows writers to publish their articles and stories and get paid through visitors’ reading time and referred membership. The website averages 142 million visitors every month according to SimilarWeb.
Earning from this website is easy. Apply, get accepted, publish your stories and articles, earn money through reading and reference, and get paid monthly. This is one of the assuredly trusted online money making sites.
7. Rumble.com
With over 44 million monthly users, Rumble.com stands out as one of the video content websites that pay creators for their video content. Similar to YouTube, ruble.com allows the uploading of video content for public views.
The Rumble website offers multiple earning options as monetized creators are paid $50 if their video is approved by a partner. You, however, earn an additional $100 if your video makes it to the homepage.
Partnering with brands like Xbox, yahoo, MTV, etc, it is safe to say that rumble.com is one of the trusted online money making sites without investment.
8. Amazon.com
Amazon.com is one of the biggest e-commerce sites that offers a wide range of opportunities for product sellers and service experts to earn massively. While Amazon doesn’t directly pay users for work or service. It has different options that afford users the chance to leverage their large customer base to earn. The following are ways you can earn from Amazon.com:
1. Amazon Partnership programs
This partnership program allows users to join, get their unique affiliate link, promote available products, and earn commissions from each sale.
2. Amazon Kindle Direct Publishing (KDP)
Amazon KDP is another easy way to earn money on Amazon.com, especially if you are passionate about writing. On Amazon KDP, you can create ebooks and audiobooks, and launch and sell them for income. This can be achieved in simple steps:
- Create and format your ebook using the KDP guidelines.
- Set a competitive price
- Publish your book
- Promote and sell your ebook.
You don’t need any investment to achieve this. This is exactly why it is regarded as one of the trusted online money making sites without investment.
9. Shutterstock.com
Making money from Shutterstock.com does not require any training. It typically involves becoming a contributor and submitting high-quality photos, illustrations, vectors, or videos to the platform.
Becoming a Shutterstock contributor is a great way to earn money by monetizing your creative work.
To do this, you will start by creating high-quality and unique photographs, illustrations, vectors, or videos. You must make sure that your content is visually appealing, relevant, and meets the site’s technical requirements.
After you have done these, take the steps below to start making money from Shutterstock:
- Sign up as a contributor on Shutterstock’s website and submit your work for review.
- Once approved, your content will be available for purchase by customers worldwide.
- Promote your portfolio through social media, blogs, and other platforms to attract more buyers.
- Continuously upload new content to keep your portfolio fresh and increase your earning potential.
Additionally, you should also consider participating in Shutterstock’s partner programs and special initiatives to maximize your revenue opportunities.
With dedication, persistence, and creativity, you can generate a steady income stream from your contributions to Shutterstock, and this can be achieved without any investment of any sort.
10. Task Rabbit
Do you have a set of skills that have been lying dormant for a while? You should consider using Taskrabbit to make money while still doing a task in your free time.
TaskRabbit is a platform where you can turn your skills and time into income.
By offering services such as furniture assembly, home repairs, cleaning, or even virtual assistance, you can make money on TaskRabbit.
If you want to get started;
- First, simply sign up, create a profile showcasing your skills and expertise, and start browsing available tasks in your area.
- Once you find a task that matches your abilities and schedule, submit a bid or proposal.
- If you are selected by the client, then complete the task and earn money.
TaskRabbit grants you the flexibility to choose your hours and rates. This makes it a convenient way to earn extra income on your terms and without any initial investment.
Bonus Points
11. Chegg
Chegg is an American education technology company based in California. It provides help with homework, digital and physical textbook rentals, textbooks, online tutoring, and other student services.
There are several ways to earn money on Chegg, as seen below:
- You can choose to become a Chegg tutor and earn money by helping students with their homework, studying for exams, or understanding complex concepts.
- You can also earn money by writing and selling study guides, textbooks, and other educational materials on Chegg. Also, writing and selling research papers, essays, and other written materials on Chegg can earn you money on the website.
- If you have textbooks that are valuable, you can equally sell them to Chegg and earn money based on the value of the book.
- You can earn money by promoting Chegg on your website or social media channels and earning a commission on any resulting sales.
- Additionally, selling your class notes on Chegg can earn you money based on the value of the notes.
Note: Some of the above methods may not be available in all countries. It is best to check which options are available in your country before choosing a money making method from this website.
12. Product Tube
Making money from the Product Tube involves participating in market research activities and providing valuable feedback on consumer products.
Here’s how you can do it:
1. Begin by signing up for Product Tube on their website or mobile app. Create a profile and provide any necessary information, such as demographics and consumer preferences.
2. Browse through available tasks or projects on the platform. These tasks typically involve purchasing specific products, using them, and then recording your experiences through video feedback.
3. Once you’ve chosen a task that interests you, follow the instructions provided by the Product Tube. Purchase the required product(s) either online or in-store, use them as directed, and record your feedback using the app’s video recording feature.
4. Upload your completed video feedback to the Product Tube platform within the specified deadline. Make sure your feedback is thorough, and honest, and provides valuable insights into the product’s usability, features, and overall experience.
5. After your video feedback is reviewed and approved by Product Tube, you’ll receive compensation for your participation.
Payment methods and amounts vary depending on the task and the specific terms outlined by the Product Tube.
6. Keep an eye out for new tasks and opportunities on the platform. The more tasks you complete and the higher the quality of your feedback, the more earning potential you’ll have with Product Tube.
By actively participating in Product Tube’s market research activities and providing valuable feedback, you can earn money while helping brands improve their products and better understand consumer preferences.
Conclusion
In conclusion, these ten trusted online money-making sites offer lucrative opportunities for individuals seeking to earn extra income without any initial investment.
Whether you’re interested in freelance work, completing tasks, taking surveys, or selling your skills and products, there’s a platform suited to your abilities and preferences.
By leveraging the power of the internet and these reputable platforms, anyone can start making money from the comfort of their own home.
Remember to exercise caution and diligence when exploring these opportunities, but with dedication and perseverance, you can unlock the potential of online earning and pave the way toward financial freedom.
Frequently Asked Questions
Is it possible to earn a full-time income from these online money-making sites?
Earning a full-time income solely from these sites may be challenging. Many users have successfully supplemented their income or earned significant amounts through consistency.
How much money can I realistically make from these sites?
Earning varies depending on factors such as the time and effort you invest, the type of tasks or activities you engage in, and the specific terms and conditions of each platform. However, with dedication and consistency, you can generate a steady income stream.
How can I make money online without paying anything as student in Nigeria?
Freelancing is one of the best ways to make money online today if you have valuable digital skills like data analysis, content creation or SEO. All you need is a computer (or even a phone) and internet access,
