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.
Often, if you find one of these "too good to be true" links that promise you a stay at home job, the ad will have a screaming headline such as "Area Mom Makes $3K a week From Home." Often, these links will take you to fake-looking news websites that use a news format to lend legitimacy to the extraordinary claims. After the article, you'll be offered a free CD-ROM trial. Perhaps the CD teaches you to make money with Google, or how you can start your own blogging business, or become a social media star. It sounds great right?
Once you have a little bit of money, you need to start investing it. The goal, of course, is to turn your investments into a passive income stream that will pay you for the rest of your life. It doesn't take much to get started. You can get started investing with as little as $1 with these free investing apps. Then, add another $100 each month and you'll grow your nest egg into something powerful.
If you’re new to blogging, and want to learn how to make money at home but aren’t quite where to start, I’d consider starting a WordPress blog (like this one) with HostGator. It’s a low cost way to start your own online business (less than $5/month) and HostGator offers a 45-day money back guarantee if you deciding blogging just isn’t a good fit for you.