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4 ways to make $100 a day online

Although it's been a long time since I got my first $100 online salary, I've learned a lot of different strategies for making money online since then. And I want to share them all with you, one by one. But first, let me give you a little background about myself and my story.

About ten years ago, I started a blog called Good Financial Cents. While my website now generates a lot of passive income, I first created my blog as a marketing tool for my financial planning practice.

At the time, I didn't know anything about online marketing, social media, or SEO. In fact, I was oblivious to the fact that you can make money online. Fortunately, I met some guides along the way and they showed me that I could use my online presence to make real money.

It was a huge change in my opinion from then until then, the only way I knew how to make money was to go out and get more clients. I didn't know it at the time, but eventually I'm going to replace my full-time job with an income from just blogging.

Now that you know my background, it's time to research some of the ways you can start earning passive or active income online. If you want to make money online and in your spare time, check out these 21 ways to make $100 or more a day:

#1: Google Adsense

When I started my blog I faced many limitations as a financial advisor. As a result, one of the only ways to monetize at the time was to use Google Adsense. With this income strategy, you can just sign up and Google will give you a code to copy and paste into your website. From there, Google does the rest and you get paid every time someone clicks on your ads and/or makes a purchase.

When I finally added Google Adsense to my website, I was able to get my first $100 payment in about three months. It's great, but a lot of people asked me how I did so much Adsense in the beginning.

You have to keep in mind, as a financial advisor, that most of the ads on my website are for financial products that pay well. If your blog is in a different niche like food or fashion, it may take longer for your ads to be paid with a $100 check.

#2: Text links

The second way I made $100 in the beginning was through text links. If you are wondering about text links, check any article on the web and you will see the highlighted words that you can click to take them to another webpage.

Although I didn't realize this for a long time, many companies are willing to pay $100, $200, and even $1,000 or more to link their website to theirs. But I was amazed when some companies paid me $100 or more just to include a link in one of my blog posts.

Unfortunately, I ended up finding out that selling text links is against Google's terms and conditions. If you do this consistently, your website will change in the long run.

For this reason, selling text links is not a good long-term monetization strategy. You can do this occasionally without any negative effects, but you will regret it if you get greedy and overdo it.

#3: Sponsored Posts

With a sponsored article, the business pays you to talk about their product or service on their website. While I initially made between $100 and $200 per sponsored post on Good Financial Cents, I have continued to increase my rates over time.

How much can you earn? Alexis Schroeder, a blogger at FITnancials, says she often earns $3,000 a month from sponsored posts. However, some blogs with more traffic can easily earn $20,000 per sponsored post or more.

If you're considering sponsored posts, I highly recommend that you only work with companies you believe in and feel wanted. If you promote anything and everything without making sure that it aligns with your values, you will likely not gain much trust from your readers. Over time, this can harm your efforts to grow your website more than the income from sponsored posts helps.

#4: Affiliate Marketing

Affiliate marketing is one of the most profitable ways to make money online. When I was able to add affiliate links to my website, I saw a massive increase in income in a matter of weeks!

In the field of financial planning, affiliates include companies such as online brokerage firms, online banks, and financial instruments. These types of companies pay a heavy price if you are willing to promote them.

While the type of affiliate companies you work with will vary depending on the niche you are in, keep in mind that some companies will pay you up to $100 per conversion. It is not very difficult to start making real money with this kind of return on your time.

If you don't believe me, check out Making Sense of Cents. Michelle Schroeder Gardner is the entrepreneur behind this blog, and she's also the founder of a course called Making Sense of Affiliate Marketing. Through her website and course sales, Michelle consistently earns over $100,000 per month. No, it's not a typo.

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