avatarJocelyn Soriano

Summary

Freelance writing is presented as a practical and immediate way to earn money, especially when compared to other online income streams that require more time and investment before yielding returns.

Abstract

The article discusses the viability of freelance writing as a lucrative and efficient means to earn money, particularly when immediate income is necessary. It outlines various online income methods, such as affiliate commissions, blogging with Adsense, app sales, and content platform earnings, but emphasizes that these often require significant time investment and may not provide immediate financial returns. In contrast, freelance writing offers the opportunity to secure regular clients and earn money promptly without the need for a long setup or wait time for revenue to accumulate from other sources like book sales, subscriptions, or advertisements. The author suggests that while other income streams can be pursued for passive earnings in the future, freelance writing is a reliable way to meet current financial needs while potentially allowing time to develop additional income sources.

Opinions

  • Freelance writing is favorably compared to other online money-making methods for its potential to provide immediate income.
  • The author believes that passive income streams, such as e-book sales, blogging, and subscriptions, require a considerable amount of time and sometimes financial investment to become profitable.
  • Writing for platforms like Medium and Vocal is seen as a way to earn money daily, with the added possibility of a viral article significantly boosting income.
  • The article underscores the importance of considering the time one can afford to spend waiting for income and the amount of money needed immediately when choosing an online income strategy.
  • The author values the stability of income that comes from having regular freelance writing clients, which can support day-to-day needs without the uncertainty associated with other income methods.

Why Freelance Writing May Be the Best Way for You To Earn Money Now

Why you should consider being a freelance content writer today

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In my more than twelve years of blogging, I have explored various ways of earning money online.

Here are just some of the ways you can earn money:

1. Commission from Affiliates

2. Adsense from your Blog

3. Sales from your Android Apps

4. Income from writing on Medium

5. Income from writing on Vocal

6. Subscriptions from Substack

7. Sales from e-books

8. Sales of products online such as T-shirts from Redbubble

9. Income from your freelance writing services

10. Money from donations or tips e.g. Ko-fi and Patreon

At the end of the day, however, two factors are very important to consider in deciding which ways are best for you:

1. The time you can spend while waiting for your income to be sufficient for your needs.

2. The amount of money you need to earn today.

If you have much time and you don’t need money immediately, you can properly set up some of the above income-generating activities to help you earn in the future.

You can probably invest your time and money in the following so you can have passive income one day:

1. Selling e-books

2. Offering subscriptions

3. Earning from Adsense, affiliates and other advertisers through your blogging

All of the above takes time, however. Setting up a blog of your own, creating enough content and taking care of your site’s SEO cannot be done in a few days. The same is true with writing your book, promoting it and waiting for the sales to pick up. You also need time to promote your Newsletter subscriptions until you have enough subscribers that would bring enough earnings for you.

The exception to this is when you have a lot of money you can spend for advertisement. It would somehow speed up the process for you but you can never be sure until when you’d get your investment back.

If you need to earn money today, you can try writing for Medium and Vocal because you have a chance of earning from your posts daily depending on the number of people who could read your posts. You can also hope to write a viral article that would suddenly increase your earnings and bring you the income you desire. Still, you can never be sure how much you would be earning the following day.

Final Words

All the above support my opinion about the value of freelance writing as a way to earn money. Through freelance writing, you can get a regular client that pays you well enough to support your day to day needs.

You no longer have to wait for the numbers to increase (such as the number of your subscribers, website visitors or book sales.) You can immediately do your job, write that article and get paid for it. And while you are doing that, maybe you can still have the time to explore other activities that can give you additional income in the future.

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