Financial Wellness

Earning Money From Your Cell Phone Is Possible

In this article we will explain some of the most efficient ways to earn money from your cell phone

Man using his cell phone

The recent pandemic caused millions of people to lose their jobs and the world of work to be completely transformed. Photo: Pexels

LatinAmerican Post | María Fernanda Ramirez Ramos

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Leer en español: Ganar dinero desde el celular sí es posible

Applications allow us to find alternatives to traditional jobs, which more people use every day. In this article, we will explain some of the most efficient ways to earn money from your cell phone without leaving your home.

The recent pandemic accelerated the digital transformation processes of many companies and sectors. In addition, it caused millions of people to lose their jobs and the world of work to be completely transformed. Thanks to this, the tendency to work and earn money from home has been on the rise. 

Trading

Trading, which is speculation with financial instruments in the stock market, is a good alternative for those who have the capital to invest in both the traditional market and cryptocurrencies.

Trading crypto assets is nothing new. However, it is becoming a more popular form of investment, especially as its legalization and regulation progress around the world. Platforms such as Binance, E-toro, Iq Option, and Huobi allow you to transact digital assets. Likewise, recognized discount-broker platforms such as Robinhood, Interactive Brokers and E-Trade provide facilities to those who have little knowledge and want to invest little money.

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Most of these platforms have mobile applications that allow transactions to be made easily and without having much prior knowledge. However, this does not have to be a trial and error business. Today it is possible to find short courses and micro-courses that teach the basic principles of trading and investing in the stock market.

.@ForbesCrypto Director of Research – Digital Assets @Steven_Ehrlich joins @JillMalandrino on @Nasdaq #TradeTalks to discuss the impact of #bitcoin futures ETFs on the price of bitcoin and other altcoins.

https://t.co/nRi4KnSQhQ

— TradeTalks (@TradeTalks) October 26, 2021

Buy, sell and rent real estate

Investing in real estate is a business with tradition. However, it is increasingly modernized to offer small and large investors facilities to make simple transactions over the internet. Platforms such as Urbanitae Real Estate, Habi and a2censo have collaborative investment models, in which it is not necessary to invest large sums of money to start.

If you have real estate, platforms such as Airbnb or Booking will allow you to rent it to tourists in a simple and agile way. After having the logistics of the maintenance and cleaning of the property, the communication with the clients and the reservation system works with an application.

Buy and sell online

Today there are many applications that allow you to do business easily online and do not charge very high commissions. Amazon, Etsy, Mercado Libre, Ebay, and even social networks are some examples. However, there is no single option to make these sales.

First of all, it is possible to sell manufactured or self-created products. On the other hand, it is possible to invest in lots of products at cheap prices and then market them on other platforms or social networks, it can be done with platforms such as AliExpress or buying from local merchants.

Another option is to purchase products that have a small and specific market and market them to groups of collectors or hobbyists. This happens with video games, Funko Pop dolls or comics.

Freelance Digital Content Creator

The demand for creative and digital content creators, such as video editors, copywriters, translators, and illustrators, increased in the world in 2020 significantly. To illustrate, according to LinkedIn's Booming Jobs Report, the copywriting sector grew 95% in Mexico and digital content creators 74% in Brazil.

There are platforms such as Lowpost, Textbroker, Great Content, Freelancer or Domestika in which it is possible to find freelance jobs, depending on your profile and expertise. An initial test is usually required. In addition, other platforms such as Adobe Stock or Freepik allow you to sell photographs or illustrations.

Take care of ant expenses and earn extra money

Ant expenses refer to small daily expenses that can affect personal finances. In contrast, there are applications that help save on these small expenses, such as discount applications. Also, there are applications that offer rewards in money or products for completing reviews or surveys, such as Nicequest or Mobrog.

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