In order to be successful online, you need to start somewhere. Some people would be grateful to even just make an extra $1 per day. This could pay for coffee or a new book every month.
If this is you, in this blog post we will go over a few of the most realistic ways to make an extra $1 per day online. Not only will we go over a few methods, but we will talk about what it will take in order for you to make that happen.
Blogging
Blogging is a realistic way to make $1 per day online. It will take a little bit of time to get set up and to start seeing results, but it is definitely possible. You can make money through advertising, affiliate marketing, and even selling your own products or services.
You may be wondering what it will take to make $1 per day. This all depends on your niche. Some niches pay more per 1000 views than others. Let’s say you have a niche that pays $10 per 1000 views, which is pretty attainable. All you would need to do is get 100 views on your blog per day to make $1 per day. This goal is definitely achievable if you are willing to put in the work.
The pros of this method are that you wouldn’t have to do it every day. Once you get that traffic, you should have it for a while as long as you keep blogging. You can also make a lot more than $1 per day if you are willing to put in the work and keep scaling.
YouTube
This is the same concept as blogging, but you would be making videos instead of blog posts. You can make money through advertising, affiliate marketing, and even selling your own products or services.
Again, this all depends on your niche. Some niches pay more per 1000 views than others (which is called CPM on Youtube).
You just have to get to the YouTube watch hours and subscriber requirements, which are:
- 4,000 watch hours in the past 12 months
- 1,000 subscribers
After you reach that, you can apply for the YPP (YouTube Partner Program). They will then review your channel to see if it is a good fit. Once you are accepted, you can start making money!
Just like blogging, you can make more than $1 per day, but we are just focusing on the $1 mark. You could make videos every day and upload them, or you could batch film and edit a week’s worth of videos to upload all at once.
Online Surveys
Usually, on this blog, I don’t like to talk much about online surveys. That’s why I saved this one for last. I feel like they’re overly talked about and they’re not the best way to make money online.
That being said, if you’re looking for an easy way to make an extra $1 per day, online surveys are one of the quickest and easiest ways to do so.
There are a ton of different websites that offer paid surveys. I would recommend signing up for a few different ones so that you have a constant stream of surveys to take.
Some of the websites that I would recommend are:
- Survey Junkie
- Inbox Dollars
- Swagbucks
All of these websites have different ways that they pay out, but most of them will either give you points or deposited money directly into your PayPal account. Don’t expect to make $1 fast though. Since some surveys can make you $0.50 for about a half-hour, you can expect to make $1 per hour.
Cash Back Credit Cards
You heard it here first. In order to make $1 per day, you don’t even need to do a side hustle. You can do this completely passively by using a cash-back credit card for your everyday purchases.
There are two different types of cash back cards: flat rate and tiered. With a flat-rate card, you earn the same percentage back on every purchase that you make. For example, you may earn 1% cash back on every purchase. With a tiered card, you may earn 1% cash back on most purchases, but you may earn a higher percentage back (say, 5%) on certain categories like groceries or gas.
The best way to use a cash-back credit card is to use it for your everyday purchases that you would already be making anyway. After that, you have to make sure you pay it right off so that you’re not paying any interest. If you can do that, you will be able to make some serious cash back!
Below is what I’ve earned over the last two months or so for purchases I would already be making:
This is an easy way to make an extra $1 per day, $30 per month, or even $360 per year!
Invest In Stocks
This is a long-term method, but it is a great way to make money.
If you don’t know what stocks are, they are basically just a piece of ownership in a company. When you invest in stocks, you are buying a part of that company.
In order to make $1 per day, you would need to invest in a company that pays out a decent dividend. If you’re looking at a 5% yearly return, investing $7300 will get you to your $1 per day return. This is subject to change of course as the market isn’t always stable.
The best part is that you don’t even need to do anything once you invest. You can just let your money sit there and grow! This is a great way to make some extra cash without having to put in any work.
High Yield Savings Account
As of right now, High yield savings accounts are yielding around 1%. This means if you have $36,500 you will make $1 per day in interest.
The difference between this and stocks is that it takes quite a bit more money to make the same amount. High yield savings accounts are relatively safe, but they don’t offer the same returns as stocks.
Conclusion
So there you have it! These are the top ways to make $1 per day online. While some of these methods may take more work than others, they are all still great ways to make some extra money.
We recommend using ways that could become passive such as blogging, YouTube, or investing in stocks.
Which method do you think you will try first? Let me know in the comments below!
Take a look at our other most recent blog posts below:
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