Home Affiliate Marketing Experts explain ways to make extra money on the side

Experts explain ways to make extra money on the side

by Lottar

Do you want to make extra income on a consistent basis apart from your regular job? Regardless of class, financial stress affects almost everyone. Experts say you can eliminate some of that money stress by earning extra income, even if you have a full-time job.

Aditya Jangid, Founder – VOOHOO

With the proliferation of Made in India apps, it has become relatively easy to make a decent income. Creating engaging content for short video apps around a variety of genres can be a robust monetization model. Broadcasting your talent at the push of a button and making a living at the same time is a tangible reality. Sponsorships, affiliate marketing, product promotion contests, referrals, etc. can be used to make the most of short video applications.

In addition, one can resort to publishing content on a blog that is not dead, but it has become extremely competitive. Also, affiliate promotion for various organizations, e-commerce destinations and brands can help you earn some extra money.

Nidhi Aggarwal, Founder, Spacemantra

If you have a spare room at home, you can use it by facilitating travelers who are looking for good places to stay in your city. Airbnb is the main stage where you can list your place and travelers can book it for a short time frame and you get paid for it.

Manoj Dalmia Founder and Director-Skilled Shares Limited

There are some investment choices that you can decide to develop your extra income. Yet one of the most amazing ways to invest is in the stock market. In earlier days, individuals used customary types of money management like fixed deposits or recurring deposits, which consistently give a decent rate of return. Yet, in the present time, every individual, young to old, is entering the stock market, and this type of investment is consistently developing.

Putting resources into stocks tends to exhibit risk, so make a point to comprehend the market a long time before putting your cash in the securities exchange. Nevertheless, the stock market can yield enormous returns provided you have the right skills and trade better than the stock market.

Ankit Aggarwal, MD, Devika Group

Another way can be. Lease Rental Discounting (LRD) allows real estate investors to use leverage to purchase pre-leased/pre-leased business properties. LRD is a term credit given by banks that involves rental receipts as security and is usually accessible at loan fees of 7-9% every year. LRDs also allow property investors to obtain up to 65-70% of the property valuation. The advantage is that the EMI for the advance is generally not exactly your month-to-month rent. Hence, a one-rupee investment can simply yield a four-rupee asset when the credit is paid off without pouring out of your pocket during the term of the advance. Rent capping can likewise be used by investment property owners to provide the genuinely needed liquidity that by all accounts is lacking in real estate resources anyway. This investment option can really give you that extra income while you work at a job.

Amit Gupta, Managing Director, Sag Infotech

When people get stuck in something complicated whether it is technical or something related to spiritual, relationship or life, they need proper help. And if you have expertise in providing support or counselling. Then you can also do all this online and make good earnings with it.

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