Financial stability isn’t something you learn in school (unfortunately). You might learn how much pocket money can mean to you, and if you had to do odd jobs, you know it takes effort. Still, it’s only when you enter adulthood and start living on your own that you fully understand it’s not easy becoming financially stable and it takes much more thinking and planning to be somewhat at ease.
There are ways to make your financial journey easier or at least more fun. Just because you have responsibilities, not everything has to be dreadful.
You’re probably thinking, “easier said than done!” But it’s possible, and like everything else in life, it needs some research and effort, but you can get there. We will help you by giving examples of how you can make money online and be successful at it, whether it’s a side hustle or a full-time job.
Bring it to Instagram!
Did you know you can start 99% of jobs online, or more precisely, on Instagram? If you are worried about building a good website, etc., open a business profile on Instagram first. Of course, it can be a simple name that gives away right away what type of service you provide, or you can go with a cool brand name of your choice.
Instagram is a great platform for experimenting and building your business/service while communicating with your audience off the bat. It might seem scary, but you won’t have 30 thousand followers overnight, so don’t worry too much (although you could get that and more along the way!). It’s important to switch the account to “business” because there are many free benefits such as seeing your post reach, how many people shared your post, areas from where people follow you the most, and female or male (to name a few).
What to focus on? It’s up to you! Think about what you like doing, and friends compliment you for it. Present packing skills? Cooking? Good at giving advice? You can turn it into business, even though you’ve seen it a million times. There are so many profiles that do the same thing, and if they are good at it and people love it, it brings results. It’s important to be yourself because you will bring a new perspective no matter how “worn out” you think it might be. The most important thing – don’t let perfectionism stand in your way. It is probably why you are reading this instead of working on your online business – you need that “yes, go and do it!” from someone. Guess what? You got that “yes” a long time ago.
Related: 22 Best Online Side Hustles for Teens: How to Make Money Online as a Teenager
A new normal – trading online
You couldn’t have missed how many people started talking about trading – on youtube, Twitter, everywhere! Someone is already trading, and someone thinks it’s a scam, while others are just curious.
Forex trading can be a great way of having a passive income and building up your savings. Naturally, you can have goals that are inclined more to monthly earnings while trading, and that’s perfectly legit. You need to research a bit before you start, so you can avoid scams and be sure if it’s a thing for you and what you could invest in that will not overwhelm you. While trading forex, make sure to pick a regulated forex broker since you need a third-party if you want to trade online. Forex is a great marketplace since it operates solely online.
Having a forex broker is not a setback because they can help you along the way. You can check if someone is regulated and has a license on regulator websites, and make sure to check broker reviews as well. It is an essential step after you figure out your goals and how much money you are ready (and can) invest. Remember, you don’t have to invest everything you have now, nor in a year. Forex trade is old but gold. It’s up to you, and every expert will tell you to start small, so you can learn while also being active on the market, and you won’t have immense loss even if it happens.
In conclusion
As you can see, everything you want to start on the internet takes a little preparation, but it’s equally important not to get stuck in the “perfectionism” loop. It’s crucial to figure out the basics and make sure your money is safe, but don’t spend months preparing to start. It just shows you don’t really want to do it, or you are afraid of failure. That’s why you will begin one step at a time, instead of thinking of a “perfect finish line”. This way, you won’t be disappointed, and even if you make mistakes, it will be easy to correct them.
