While $40 a day may not sound like anything extraordinary, this amount of money can certainly have a strong impact on your finances.
Whether your goal is to reach financial freedom, or just keep your bills paid, it all starts with making $40 a day.
In this post, I’ll explore how to make $40 a day, some tips to make money online , and much more . Let’s get started.
KEY TAKEAWAYS: How Much is $40 a Day?
Making $40 a day is equivilent to earning $280 per week, $1,200 per month, or $14,400 per year.
While it’s not quite enough to live off of, it’s a significant amount of money that can help you pay off debt, save for an emergency fund, or invest for the future. Best Ways to Make 40 Dollars a Day
Below are some of the best ways you can make $40 a day. Blogging
Blogging is one of my favorite ways to earn money online without needing a ton of cash to get started.
The cost to start a blog is less than $200 per year, and you have the potential to earn thousands from your efforts.
To get started, you’ll need to purchase a domain name and hosting.
I recommend purchasing your domain through Namecheap and hosting through SiteGround . These are some of the most affordable and top rated services on the market.
SiteGround is my favorite hosting platform to easily start a blog. They have top-notch customer service and prices starting as low as $7 per month. Sign-up below!
Get Started! Learn How to Start a Blog
Once you’ve secured your domain and hosting, you can install WordPress and start creating your blog.
Once your blog is up and running, you’ll need to determine how you will gain traffic to your site.
There are many different traffic sources you can use but some of my favorites include: Search engine optimization
Social media
Email marketing
Once you’ve formulated a plan to get traffic to your site, you’ll want to think about how you will make money from your blog.There are several different ways but some of my favorites include display ads, affiliate marketing, and selling digital products or online courses. For example, one of my blogs is making over $5,000 a month in display ads alone! In many cases, it will take 6 to 12 months before you start making money from your blog.However, once you gain traffic your site can grow exponentially and become a very profitable business . If you want to make $40 a day from your blog, be sure not to give up and keep pushing forward. Freelance Writing If you like to write, why not get paid to do it?As a freelance writer, you can make great money and easily make $40 a day from your work. There are many benefits of freelance writing including the ability to work from anywhere in the world, you can set your own rates and make as much as you want, and you can work the hours that you want. It sounds too good to be true, doesn’t it?It’s not!But how much can you make?Ultimately it will depend on your skills, experience, and ability to negotiate rates – but many writers charge anywhere from $.10 to over $.50 per word.This means a 1,000-word post could net you between $100 and $500!According to ZipRecruiter , the average freelance writer earns around $32 per hour which is a decent income considering the benefits. I know many writers who make over $500 a day from their work so if you have a knack for writing, definitely consider this remote side hustle. Work as a Virtual Assistant Working as a virtual assistant is one of the best online jobs for people who don’t necessarily have a ton of specialized skills.They can complete a variety of tasks for businesses, such as updating content on a website, posting on social media, or even doing some basic customer service tasks.And the pay can be extraordinary depending on your skills. Those with more advanced skills like web design, development, or copywriting can charge upwards of $80 an hour while those with more entry-level skills can expect to make around $20 an hour. If you want to make $40 a day from home, working as a virtual assistant is a perfect option you may want to consider.To get started, you’ll want to have a good understanding of what skills you offer and how you can help businesses.For new virtual assistants, it’s a good idea to niche down […]