8 Things You'll Probably Need to Make Money Online

If you’re serious about how to make money online and are looking for the basic tools you need to get started, you’ve come to the right place!

8 Things You'll Probably Need to Make Money Online

Here are the basics of what you need:

1. A Reliable Computer

To earn money online you need the right tools – the most important of which is a reliable computer. This doesn’t have to cost you a lot of money; a Chromebook, for example, is very affordable and works perfectly well for light online tasks. But just bare in mind that some online job work (like website development for example) will require a bit more of a tech investment.

Reliability is key. You can’t be missing deadlines or unavailable to work because your computer is broken or not working.

2. A Decent Internet Connection

Another essential of your online enterprise is a dependable internet connection. We’d recommend having a backup too. If you have high-speed internet, that’s great. But should it break down when you have deadlines to meet, this can curb your ability to earn money online.

Most smartphones will act as a Wi-Fi hotspot, so consider boosting your data plan to accommodate any emergency demand, or a pay-as-you-go dongle can be an excellent alternative.

3. A Transferwise Account

So, you’ve learnt how to make money online, bought the equipment, and landed your first client. Awesome! Now, you need to get paid. Transferwise is a multi-currency holding platform that allows you to receive payment quickly, even when there’s a currency mismatch between you and your client. It’s also quick and easy to set up with lower fees than other platforms too! Open a free account now.

4. A Paypal Account

Just like Transferwise, PayPal is a convenient tool to receive payment when you earn money online. Although they do have high fees for some countries, it’s often the preferred platform for many affiliate programs.

5. Trello

It’s important to stay organised and Trello is a project management platform that has various tools – such as a task manager, checklists, sticky notes, and reminders – for keeping track of your work. The best part? It’s free to use. There are upgrades available, but when you’re starting out, the free version has everything you need.

6. Google Keyword Tool

This isn’t absolutely essential, but it’s a useful string to your bow if you’re serious about creating an online business. Google Keyword Tool helps you research the right words and phrases for effective online content. It’s the most powerful business tool on the internet; if you’re looking to expand your knowledge of how keywords are used optimally and use them to market your new money making machine, this is where you need to start.

7. A Clear Separation Between Work and Home

Most people who earn money online work from home. This might seem idyllic: no commute, relaxed working space, wearing comfortable clothes all the time, and so on. However, working from home can also be fraught with distractions.

That’s why it’s crucial to have a space that’s just for working. A separate office or study is perfect, but you can also repurpose a room – or even a table – for work during the day. Switch off the TV, keep your phone far enough away that you’re not tempted, and stick to your working hours. This also prevents work from invading your living space when you’re off-duty.

8. A Plan

It’s important to set goals and create a blueprint on where you want to be. It’s easy to get bogged down with tasks that you forget things. Create a plan and be as specific as possible so that you know everything you’re doing is going towards what you’re hoping to achieve.  

If you’re not sure how to make money online, we’ve got you covered! Check out out our top 10 ways to make money online in 2019 and 2020.