Early investments as a teen give your money enough decades to grow and will help to enhance your investment portfolio to millionaire status sooner than you imagine.
Your teenage period is the perfect time in your life to start investing. In this article, we’d be taking you through various things to invest in or where to start on how to make money as a teenager.
How to Make Money as a Teenager
As a teen, you can also partake in money-making activities, because, it will not only help you to become independent at a tender age but will also pave the way for you to save up huge money and investment that will make you one of the richest in the future.
Ask some of the richest men out there, and they will tell you that starting early is one of the keys to building future wealth.
You can also engage in building some passive income side hustles, maybe even as much as a full-time job, yet less difficult and without the need to work every time.
The sooner you begin to build passive income sources, the better. It enables you to save and plan for the unknown tomorrow, especially as a teenager.
Earning money as a teenager is a great idea. Once you have bagged your first paycheck, it’ll probably put a smile on your face.
Then, once you’ve decided to make intelligent money moves with your paycheck, you’ll certainly reap its dividends. However, the question remains; how do you make money as a teenager? Read down to see everything you need to know;
1. Freelancing
Freelancing is one of the new and easiest methods of making money, either as a copywriter, translator, graphic designer, video editor, app developer, or marketer.
These days, there are lots of sites, including Indian and International, which grant teens the opportunity to make money with their skills.
These platforms include Chegg India, Freelance India, Freelancer, Upwork, Fiverr, etc.
How to go about it:
- First, be a member by filling in your name, e-mail, country name, etc. Your account will be created after verification.
- Establish a profile depending on your education, experience, and expertise. And once approved, you can accept the work.
- Select the work or project by closely communicating with clients or checking the site.
2. Instagram Influencer
You can earn money as a teenager by becoming an Instagram influencer. But, who is an influencer?
He is someone that attracts a large number of followers and fan-base, which includes popular persons and celebrities, in a particular field or industry like sports, food, beauty, fashion, and fitness amongst others.
Since Instagram is a popular media for youth and teens, posts and videos can make them get huge pay via sponsored posts, product reviews, brand promotion, photo sales, affiliate marketing, and marketing their goods or services.
How to go about it:
- You can begin by picking your preferred niche field
- Establish an attractive profile picture to be identified with
- Then you can change to a professional or business account via settings to help to analyze, engage and target your audience every time.
3. Blogging/Vlogging
Many years ago, blogging was only seen as a forum for anybody to express his/her passions, but now, it is a great platform to make huge money. You can blog about any topic you choose, attract readers or traffics, which in turn translates into money.
Blogging/Vlogging on YouTube provides different ways for you to make money as a teenager including ad placements through Google AdSense, affiliate marketing like promoting other people’s products or services on your blog, reviewing products, guest posts in other people’s blogs, or selling products on your blog.
How to go about it:
- Pick any blogging platform you can work on. There are so many of them like WordPress, Blogger, Tumblr, Medium, Ghost, Squarespace, etc. We’ll always advise you to set up a self-hosted blog (WordPress.org is ideal), since free blogs have many problems with customizing and features, you’ll need low capacity storage, and avoid ads or affiliate links.
- Choose a domain name and hosting, for, with it, you’ll be given proper attention.
- Then, select a topic focus of your choice and begin to write, share tips, or post videos.
- Promote your blog using various social media platforms such as Facebook, Instagram, Twitter, etc. as will help to channel more traffic and enhance your earnings.
4. Amazon Associates Online
Just like that of affiliate marketing during blogging, teens can make money by becoming Amazon Associates through their links and start to earn a commission.
Amazon Associates is an affiliate marketing scheme that helps you to establish links on your website or blog and earn referral commissions as people tap on and purchase goods from Amazon. It is free and easy to use.
How to go about it:
- Log in to www.affiliateprogram.amazon.in and subscribe to your Amazon account. Deliver your account information.
- After that, you have to get a list of your websites and apps, or maybe one, on which banners, widgets, links, or other Amazon ads can be displayed. You’re free to put additional sites or apps like 50 or more.
- Then, drop information as regards your sites and apps in the profile section as well as the product types you plan to display, the sort of traffic, how you draw it, how the income is generated, the number of visitors you receive, etc.
- Lastly, you consent to the Amazon terms and resume work.
5. Online Surveys
Online surveys are arguably one of the simplest and most realistic ways you can earn money as a teen. One of the most popularly recommended sites for that is Swagbucks, through which you can earn money for taking part in some activities including filling out surveys, watching videos, etc.
Other platforms offer online surveys including Tolena, Telly Pulse, CashCrate known as the aggregator of survey sites, ValuedOpinions, OpinionBureau, Streetbees, and so on. Each of the sites typically features a fixed number of surveys a person can try out per month.
How to go about it:
- Go to the website and register by providing basic personal information for account creation.
- You will be sent the surveys via registered e-mail.
- Fill up as many surveys as possible and win some points in your account. You can redeem them as you want.
6. Creating Designs for T-Shirts Online
For teenagers that possess some artistic skills, there is an opportunity to make money online by designing t-shirts. You can find this opportunity from many websites, both Indian and foreign such as TeeShopper, The Souled Store, My Home Store, TeeSpring, Zazzle, etc.
In this case, you are only to focus on the design and not the production, sales, or shipping of the t-shirts.
How to go about it:
- Establish and register an account with the site.
- Some sites offer you the opportunity to design the t-shirt and upload it. Others let you pick the t-shirt style, colors, and text fonts, even stamp a price and upload it for sale.
- In as much as the advert of your products is guaranteed by the website, you must work hard to market your designs on other social media platforms such as Facebook, Instagram, Twitter, etc. to sell them.
7. Rent, Market Books, Online Tutoring, Project Work
There are teens today who love reading and are academically smart. This is an opportunity for them to easily make money online. Here, you are allowed to rent your books, sell school books of the previous years, teach other kids online and assist them to run their project work.
Also, you can make money by tutoring or marketing courses on online sites such as Udacity, Udemy, or Lynda, or register for online teaching sites including Vedantu, TutorMe, TeacherOn, etc.
How to go about it:
- First, you sign up with the site. After that, they will screen you via online interview or demo, and once you pass, you’re good to go.
- For an online tutor, you require a computer or laptop, internet connection, and well-grinded in your subject.
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