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How to monetize this site: I would make ONE info product (either an eBook or a video course) sharing the financial part of doing a basement or specific tutorials on finishing a basement could be great. There are already some online courses out there on finishing a basement that you could be an affiliate for. Also, ads could bring in lots of passive income.
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Jennifer Barrett, chief education officer at Acorns and editor-in-chief of Grow, agrees with Goudreau. "Developing steady passive income streams can be a great way to supplement your regular paycheck and boost your bottom line," she tells Bustle. "Just be sure to do your homework ahead of time so you're aware of the costs and risks involved and realistic about the income you can expect. Investing regularly in the stock market can provide earnings over time from compounding market returns. But there are also ways to create steady streams of passive income that pay out at regular intervals — from investing in stocks that pay dividends and bonds that pay interest to investing in a rental property or renting out your own home."
When you go shopping, do you use cash, your debit card, or a credit card? Instead, why not use a cash-back credit card and make money while you shop? It sounds contradictory, but Goudreau elaborates. "With a great cash-back card, you can make money when you spend money," she says. "The key is to keep your spending rates the same and pay your balance off in full at the end of every month. It's also important to pay your bill on time. That way, you're not paying interest or getting hit with any late fees, and any cash back you earn is pure profit.
As we discussed earlier in this article, you need only take a look at the shopping channels to see just how much money is spent in the weight loss market. Yes, it is very competitive. Yes, you can compete with Time, Innovation and Effort. While there may be some ethical boundaries with certain types of content promotion, you can still make some good revenue from programs like the Amazon Affiliate program, or even with display ads.
GetResponse specializes in software solutions for email marketing on a subscription basis. You can refer your website visitors to GetResponse via a banner or a link placed in your posts or articles. This can bring you one-third (33%) of the amount the user pays every month for the subscription. Your take can be from $4.95 to $54.45 per month depending on the plan the user chooses.
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