We always need money in South Africa. Due to unemployment and low wages, making more money or extra money aside the normal nine to five routine is always welcome.
Making extra income is very easy lately due to the advancement of technology.
There are several passive income schemes online for almost everybody. Some of these schemes are good while others are just scam.
In this article, we will point out some of the real ways of making extra income and if you are unemployed, you can use these methods as a full time job because they are very rewarding.
1 Build a website/Blog
By blogging, it’s possible to make money through advertising, sponsored posts, brand collaborations, affiliate links, product and service reviews, giveaways, and sponsored social media posts.
Meg Peta Sproat, founder of the Boring Cape Town Chick blog, says: “Taking a product and creating an original piece of content that entertains, informs or educates is key to being paid. Use your unique voice to make something interesting and creative to set yourself apart and entice brands to work with you.”
Writer, editor and brand consultant Mandy Lee Miller, who is the founder of parenting blog Pregnant in Cape Town & Ever After, warns that you need to find the right balance: “The temptation to take any money offered regardless of the brand can be very strong. Almost every blogger I know has slipped off the slippery slope of overconfidence once or twice.
“If your content shifts from sharing your story to writing purely sponsored posts about the things you are given or paid to talk about, your audience picks up on it very quickly. And because there are so many other bloggers out there, once your readers move on, they are very hard to get back.”
2. Create Youtube Videos
Video-streaming site YouTube is a valuable advertising platform for its parent company Google, with hundreds of millions of hours of videos uploaded generating billions of views.
You can start making money from youtube by uploading great videos, the more you get views on a video, the higher your revenue. The Youtube network recently added some requirements; before you can monitize a video, you need not less than 1000 subscribers and 4000 public watch hours
3. Freelance
There are plenty of freelance marketplace websites that offer a platform for employers and employees to negotiate a deal on work that could fetch a flat fee or pay by the hour. The websites include Fiverr, Upwork and We Work Remotely.
Sonia van der Westhuizen, the operations director of KrengJai, a micro work-sourcing business that hires people to do work it has secured through Upwork, says her experience of the platform has been fantastic
“We managed to land R60 000 worth of work in the first month and had a hectic time trying to deliver it. When looking for jobs on the likes of Upwork, it’s best to invest in your profile – fill in as much as possible about yourself.
“You can also do free tests via the site. It ranks you on how you did compared with others on Upwork,” she says.
4. Affiliate Marketing
This type of marketing is increasingly becoming popular and a solution to people seeking instant cash. After signing up with an affiliate marketing agency, you will select a product for which you will generate leads.
This option will pay off quickly for highly aggressive people and go-getters. Affiliate marketing ranks top among other ways earning extra money on a computer South Africa.
5. Forex Trading
To start with, you will need an internet connection. And a reliable one at that. Forex trading is not only done online but most of the tools you will need are also hosted online. There are offline tools but they are not the same as they don’t automatically update stats and news, and are therefore not exactly the best quality.
You will then need to set up a Trading account or get in contact with a Forex broker support team, that can assist you to open your account.
If you are going to spend your downtime learning everything you need to know to understand Forex, you should start by reading up as much as you can about the industry or by taking on an online course, of which there are many.
It doesn’t take long to grasp the basics, and while it is an ever-changing industry, the basic principles of Forex stay the same.
10 Apps You Can Use To Make Money
1. Fiverr
Micro-entrepreneurs in more than 200 countries use Fiverr to monetize their skills, talents and resources in an easy and fun way. They offer a myriad of “Gigs,” ranging from web design, logo creation and market research, to personal greetings, video animation and personalized gifts. Fiverr removes the friction typically associated with starting a business, including startup capital, physical location, client acquisition and payment infrastructure. Fiverr provides all the tools necessary for sellers to engage, build and grow their customer base, including efficient systems for collecting payment, promoting services, managing orders, exchanging files and communicating with buyers.
2. i-Say Mobile
This i-Say mobile appis one of the only legitimate paid survey apps out there. It’s actually a part of the Ipsos company, which might be a name you’re familiar with because they do a lot of the polling you see during presidential races.
3. Ibotta
Take photos of your receipts and receive rebates using this app. Sign up for a free account, download the mobile app, and click on “Rebates”. Here you will find loads of great offers. Rebates will vary depending on the product and the promotion.
4. Media Research Panel
Media Research Panel is a smartphone app that helps media companies better understand how consumers use, view and share TV, social, digital and mobile media
5. Bookscouter
If you have old books you want to get rid of, use this app to sell them. Scan the barcodes with your smartphone, and Bookscouter will let you see comparisons of payouts from more than 20 book buyback companies. Once you find the best offer, fill out some information about where payments should be sent, and ship the books to the buyback companies.
6. Mobee
Have you ever tried mystery shopping? The Mobee app will pay you to go undercover in your local stores and rate the level of customer service and cleanliness, among other things.
7. SlideJoy and ScreenPay
Both SlideJoy and ScreenPay operate on the same principal – download their app and they will serve ads on your smartphone’s lock screen. For this, you get paid a monthly stipend. These are both Android apps, so they won’t work on your iPhone or Blackberry.
8. Casual
You might be surprised, but the project management app Casual saves a great amount of money by helping reduce fails with deadlines and problems with the team. Casual helps handle tasks and projects in a new way: plan your tasks just by drawing them as flowcharts. Amazing feature is that Casual helps visualize dependencies between tasks. Become much more productive by using it.
9. Foap
This is an app that allows you to make money by taking photos. You can charge as much as you like per photo, which means that your money-making opportunities through Foap are virtually limitless.
10. Cash for Laptop
You can make extra money by selling your old laptop, and this app will let you do it. Simply select the type of device you wish to sell, add a description of the device, pack it up and ship it (free of charge), and get paid with a cheque or Paypal.