Around ten years ago, smartphones were a luxury.
What started as just a phone with a few cool extra features has morphed into something else. It's now a tool for managing our entire lives. We can buy toilet paper, manage our schedules, learn new recipes, and even control the temperature in our homes from our phones.
And now, yes, we can also make money. Read on to find out how you can start making your smartphone work for you.
Eight Ways to Make Money with Your Smartphone
There are many apps for taking surveys from your phone which pay you in real-life cash. The money usually comes from retailers and product developers looking to fine-tune their marketing strategies.
Each time you complete a survey, you earn points that can be redeemed for cash and gift cards. To give you some confidence going in, both apps have been around for a while and have some credibility.
Sell Your Photos on Stock Websites
Stock websites are always great for finding photographs, and if you love taking photos yourself, then you may find yourself able to sell the images online. The more generic they are, the better as they’re likely to be used for many things. Aim for ones where they don’t have any branding or anything in the frame that would stop them from being worth any monetary value.
You don’t necessarily need a camera either as most phones will have just as good as a camera integrated into it. As you earn, you can then reinvest it into some proper equipment.
Start a Blog or YouTube Channel
Influencers are the latest trend when it comes to making money, particularly from the comfort of your own home. If you enjoy writing or talking about your home life, then you will benefit from running a blog or a YouTube channel. Video platforms and social media platforms, in general, are a great way of earning money.
As you build up a following, the money you can earn in a short space of time can be life-changing. Many works with brands and companies that are looking to promote their products or services and as times change, the influencer industry is only going to become stronger and part of the new way of advertising in businesses.
Start a Side Hustle
Many on-the-side jobs begin on apps. The disadvantage of side hustles is that you need to spend some time, and possibly money, getting it going. The advantage is that you could make bank!
If you own a reliable four-door vehicle and can pass a background check, consider becoming a driver through Uber, Lyft, or both. If you enjoy driving and have some flexibility to respond to requests, this is a potentially high-earning gig.
Another option for a side hustle includes delivering food from a variety of restaurants to customers through DoorDash. Airbnb is another excellent way to make extra cash, though you will need a spare bedroom, guest house, or second home. All of these apps are available on both iOS and Android.
If you fancy yourself a bit of a writer, then now is the best time to start self-publishing. With sites like Amazon offering amateur writers the opportunity to publish their work, you could end up having major success if your book goes viral.
The best part is you can write from your smartphone, and if you prefer, you can even dictate your novel using the various apps available. Legally blind author, Javan Bonds, wrote six books using Dragon Naturally Speaking.
Invest in the Stock Market
Passive income is income earned with little to no direct action needed. This makes investing in the stock market the ideal way for those with a day job to make money on the side.
There are several apps for investing in stocks. Betterment is an app that lets you choose the amount you want to invest and will allocate your funds according to your age and goals. Ally Invest gives users more freedom to decide what to invest in, but you will need to know what you're doing to make money. Both apps are available for iOS and Android.
Invest in Cryptocurrency
Cryptocurrency is a new way of investing money, and with those who become a Bitcoin Billionaire, it can be easy enough for anyone to do it as long as you know how to. It’s worth reading up about cryptocurrency and how you can benefit from it personally.
It might take some time to learn the ins and outs, but it’s one thing that can end up making money (and lots of it) in the future. Many modern-day Millenials are taking advantage of this to live more luxuriously and not to work so much!
Build a Social Media Presence
This is another excellent way to support your day job from the downtime spent your phone. Businesses with active social media pages garner much more attention, traffic, and ultimately revenue, than those without.
Twitter is an excellent medium for both drawing attention and getting conversations started. It only takes a few minutes to post a tweet, and thanks to your smartphone, you can do it from anywhere. The same goes for Facebook and Instagram.
There are unlimited ways to use your phone to your benefit, and there is a method for everyone. All it takes is a little research and a little (or a lot) of investment. Regarding how much you make, remember that you get out what you put in. Get downloading and happy earning!
These are just a few tips on how to earn for 2019, so why not try them out for yourself?
Michael launched Your Money Geek to make personal finance fun. He has worked in personal finance for over 20 years, helping families reduce taxes, increase their income, and save for retirement. Michael is passionate about personal finance, side hustles, and all things geeky.