Sometimes it does take money to make money, but it’s certainly not always true. If you want to make money but have no cash to start, you have something at your disposal that can help you generate it – your time and talent.
The first, your time or labor, is the one most people are used to using. When you have a job, say as a bank teller or a grocery clerk or fast food worker, you are essentially selling your labor for an hourly rate. This is in the end the most inefficient way of making money, simply because you are an interchangeable part in the system and thus expendable. That is why being able to sell your talents is what will get you the most money. Think about it – people like doctors and lawyers make incredible money because they have talents that most people don’t have. Thus, if you have or are able to develop a scarce talent or product that other people want, you’ll make more money than if you simply do grunt work.
To that end, I want to give you some basic ideas that will get you started making money even if you have no capital to deploy yourself. I’m focusing on ways to make money online simply because it is the cheapest and easiest way for a newbie to get started. Here are three quick ways to make money online without paying anything:
Three Ways to Make Money Online Without Paying Anything
(Note that I will start with the least specialized work (and thus the least paying) and end with the most specialized work (and thus the highest paying). None of these methods require money out of pocket.)
1) The first is somewhat grunt work but perhaps the easiest entry into online work that you can do. This is working for Amazon’s Mechanical Turk program. In this program you simply do small, minor, and repetitive tasks, such as filling in surveys, identifying images, and doing data entry. This is very close to selling your time and labor, so don’t expect a ton of money out of it, but it’s a great way to start if you only have a little bit amount of time during the day to work. You can work whenever and wherever you want.
2) The next is a bit more specialized, but not by much. This is online writing. There are plenty of sites that allow you to become a freelance writer and get paid per word or per article that you write for your clients. You won’t have any control over what you write, though you will usually be able to select from a wide variety of topics. Thus, it’s very possible to find subjects that your already know a lot about. If you don’t, you can simply do some quick Google research to find the answers you need to write your articles. Don’t worry if you’re not a great writer; many of these sites will have beginner and basic levels that you can get started working on. As your skills increase, you can make more money per word/article.
3) The final method to make money online without paying anything is to sell your services directly to buyers. You cut out the middleman and become a purveyor of your own talents and abilities. For instance, if you are good at web design, you can approach buyers directly and do their work for them without having to go through an intermediary. This will save the client money and earn you more in the long run. However, you will have to build a reputation, so this is only reserved after you have a lot of experience or if you are particularly good at something.