Why Freelance Writing May Be the Best Way for You To Earn Money Now
Why you should consider being a freelance content writer today
In my more than twelve years of blogging, I have explored various ways of earning money online.
Here are just some of the ways you can earn money:
1. Commission from Affiliates
2. Adsense from your Blog
3. Sales from your Android Apps
4. Income from writing on Medium
5. Income from writing on Vocal
6. Subscriptions from Substack
7. Sales from e-books
8. Sales of products online such as T-shirts from Redbubble
9. Income from your freelance writing services
10. Money from donations or tips e.g. Ko-fi and Patreon
At the end of the day, however, two factors are very important to consider in deciding which ways are best for you:
1. The time you can spend while waiting for your income to be sufficient for your needs.
2. The amount of money you need to earn today.
If you have much time and you don’t need money immediately, you can properly set up some of the above income-generating activities to help you earn in the future.
You can probably invest your time and money in the following so you can have passive income one day:
1. Selling e-books
2. Offering subscriptions
3. Earning from Adsense, affiliates and other advertisers through your blogging
All of the above takes time, however. Setting up a blog of your own, creating enough content and taking care of your site’s SEO cannot be done in a few days. The same is true with writing your book, promoting it and waiting for the sales to pick up. You also need time to promote your Newsletter subscriptions until you have enough subscribers that would bring enough earnings for you.
The exception to this is when you have a lot of money you can spend for advertisement. It would somehow speed up the process for you but you can never be sure until when you’d get your investment back.
If you need to earn money today, you can try writing for Medium and Vocal because you have a chance of earning from your posts daily depending on the number of people who could read your posts. You can also hope to write a viral article that would suddenly increase your earnings and bring you the income you desire. Still, you can never be sure how much you would be earning the following day.
Final Words
All the above support my opinion about the value of freelance writing as a way to earn money. Through freelance writing, you can get a regular client that pays you well enough to support your day to day needs.
You no longer have to wait for the numbers to increase (such as the number of your subscribers, website visitors or book sales.) You can immediately do your job, write that article and get paid for it. And while you are doing that, maybe you can still have the time to explore other activities that can give you additional income in the future.