Make enough Money Online to Pay your Mortgage!
It is entirely possible to earn enough money online with passive streams of income, and with the economy always changing, swerving and dipping, it is as important as ever to diversify your investments and even your sources of income. Thanks to technology and the internet, you can now diversify your sources of income from the comfort of your own home, while drinking your morning coffee, in your pajamas.
Making money online is not a novel concept; there have been online scams running for ages now, making promises of fast wealth and quick cash. The new wave of online income is much different. Many of them are considered "passive income" opportunities, where you work once and get paid forever (or as long as your ad revenue host site is in business!).
Many people by now have heard about sites such as eHow, and InfoBarrel. These online writing sites allow you to write on almost nearly any subject, no matter your writing expertise. While there is not a set amount deposited into an account with your name on it for contributing, there is the chance to earn passive income off of your contribution, and what an opportunity that is.
For example, I have one article that took me 20 minutes to write, 6 short months ago. Since then, that article has earned me over $300 in residual income. If you break that down to an hourly wage, that's $900 an hour (and rising)! While this is the exception, the potential is there. Passive online income is real, and it can end up paying your bills- after you have put in the time and effort.
9/12 Update: To date, that one simple article that I wrote (over a year ago now) has earned me well over $1000. I have done no tweaking, updating, or additional work on the article, which makes this particular published article a an ideal situation of passive income. Can you imagine the potential here? It's exciting, to say the least!
Here's one strategy of how you can end up paying your monthly bills and even mortgage by making money online:
Write 3 articles daily for an online income site; make sure you use the residual income option. They don't have to be extremely long writings, just make sure they are interesting, clear, concise and accurate. 3 Articles daily should take roughly an hour to complete. In one year you will have written 1,095 articles. If each one of these articles is earning a modest $1.50 a month ($1642.50 total), in only 1 year you can be paying your mortgage with your passive online income. How incredible is that!
The key to earning money online is consistency. Don't get discouraged, and don't slack off; treat it like a real job and in time it will surely pay you like a real job. There is no real secret, just keep working and plugging away at it, a little bit each and every day. If you have any questions about it, message me and I would be happy to help! If you have had success in online income yourself, I would love for you to share your story!
Here's my InfoBarrel link if you want to write with me:
http://www.infobarrel.com/signup.php?ref_id=1248
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Comments
I would love to be able to make that amount with InfoBarrel! I just have to work on setting goals for my self. Great article!
I always see the estimate of $1.50 - $2.00 per article per month given but I'm wondering how obtainable that is. I have yet to get to that level. Now I don't have many articles written but right now I'd be happy with $.50 - $1.00 per articl per month.
The $1.50 - $2.00 per article per month is an estimation. And as all estimations it goes well when working with big numbers - as 100 articles. Below 100 it is not so accurate or relevant. And more than that what it is often oversight: there are some research to be made and incorporated in making your article profitable. It is easy to "Write 3 articles daily" in an hour - but I said it is better to wrote 1 article in 2 hour with all the research done - so that it will pay you the 2$/month (or more) right from beginning.
This article is nothing short of amazing, and I enjoyed reading it.
Wow, I haven't an article earning more than a hundred bucks yet.
Give it time, it's inevitable!
Hi
This is a really encouraging post. I would be interested to know what site this article is on and whay sort of business model you are using for most of your writing? I was too late to get in to e-how and so am concentrating on my own blogs and hubpages at the moment, so mainly relying on adsense earnings.
I can't imagine only taking twenty minutes for an article. I spend more time than that just looking for good keywords and finding images to use in it; most of what I've written is either tutorial in nature, which means I have to step through the process I'm describing as I write about it; and even my non-tutorial work usually requires research. Most of my articles get done when I have a slow day at work and can burn most of an afternoon!
Hopefully I'll get faster at it with practice.
This is definitely a motivating article.
I don't know how far I will get with this, but I want to give it a try as an experiment.
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