Disclaimer: NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. All financial products, shopping products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions. Pre-qualified offers are not binding. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly.

Really informative guide on how to make money coding. I am an electrical and computer engineer myself, so i find the resources you shared quite helpful indeed. However, i don’t think that someone should have making money as their top priority when deciding to go with freelance programming. Rather, if you like programming and/or you are good at it, you should try and make money as a by product.
As a coder in my previous work, I can attest to the fact that you can make good money from doing it. You need to develop a strong client base so that you are not constantly chasing clients. After a while, people will reach out to you as your reputation builds. People will need to start out at lower bids initially, and that can be frustrating. But, for those who go the distance and develop their reputations, they will eventually earn a decent amount for their efforts.
Tools. You don’t need much to work as a home-based freelance writer, but there are some tools that you must have. The most important will be your computer. Get the fastest Internet access that you can afford. It doesn’t matter what kind of computer you get. Just make sure you’re comfortable enough to spend a lot of time with it. Most clients will request that you submit your work as a Microsoft Word document, so make sure that whatever programs you use are compatible. In addition, because you’ll be spending so much time at the computer, make sure that you have a good work area with proper lighting. Some clients will want to be able to reach you by phone or Skype, so have both set up and accessible. You’ll need an invoicing program, such as Freshbooks, and a good bookkeeping system to keep track of sales, orders, and accounts receivables.
If you're a crafter, the internet is your showcase — and not only at auction sites like eBay. DeWitt Young of ObviousFront.etsy.com has had success turning her crafts into cash online. She has a booth at Etsy.com's Craft Mall, an amazing place where thousands of artisans and crafters offer their goods for sale. DeWitt turns salvaged parts from old TVs and VCRs into artsy necklaces, earrings, and figures. Colleen Jordan of wearableplanter uses 3D printing to create her necklaces called wearable planters.
With several monetization options, it is a good idea to try several and then stick with the ones that earn you the most money per visitor. With all of the analytical and conversion data available you will be able to determine exactly how much each visitor is worth. Some of the most profitable websites have multiple income streams, so don’t be afraid to test several to determine what results in the biggest return for your site.
FOR HAND MADE AND VINTAGE...art, photography, clothing, jewelry, edibles, bath & beauty products, quilts, knick-knacks and toys. The vintage items on the site have only one rule to follow: they must be 20 years or older. These items range from old boots and ice skates, to dresses, hats and scarves. The site follows in the tradition of open craft fairs, giving sellers personal storefronts where they list their goods for a fee of $0.20.

According to Lynne Norris of NorrisBusinessSolutions.com, who works out of her home in Pennsylvania as a virtual assistant, the rates for VAs run about $25 to $75 or more an hour, though ZipRecruiter calculates the average hourly rate at $19. According to Norris, the startup costs of this work from home job can range from about $500 to $1,000, assuming you have an up-to-date computer and printer.


Don’t do everything. People often have wrong mindsets when it comes to freelancing. They think they can earn more money when they receive more work order. It is essential to stick with your competencies and prioritize only the work that will help to bring in more assignments. Do a good job, leave your clients happy, work with other freelancers and develop a network of people who will recommend you and send work your way.
Acorns works by essentially rounding up the spare change from your everyday purchases (to the nearest dollar) and then invests the difference into the stock market. If you’re clueless about how the stock market works, but still want the highest return you can possibly make on your money, this is the perfect way to start investing. You can read our full Acorns Review here.
×