How to Make Money Online: A Beginner’s Guide to Starting Your Journey

Making money for beginners is not as challenging in today's world as it was a few years ago, especially with new avenues that the internet has brought in, disrupting the traditional ideas of earning money, even from home like a start-up or as an additional source of income.

From selling products through social media platforms to making use of earning apps, there's a lot that you can do to build an alternative career and generate a side income every month. A few, like the IDFC FIRST Bank's MyFIRST Partner Program, need zero investment and offer weekly payouts, making things easier. All you then need is dedication and networking skills to flourish.

Let's explore a few career options to help you earn and support your dreams by working online.

How to make money online for beginners? 

Freelancing

There are several freelance jobs today like writing, digital marketing, social media management, transcription, video editing, and more. The freelancer community is growing as most businesses seek out freelancers instead of full-time workers for various roles. As a freelancer, you have the liberty and flexibility to choose when you want to work. You can decide the number of hours you wish to put in a day and take time off when you have other pressing needs.

Online earnings from freelancing can depend on the nature of your role and the hours you work, but the potential is certainly high.

For instance, as an IDFC FIRST Bank's MyFIRST Partner, you get to freelance your networking skills, build your network, and earn from the program while continuing with a full-time job. This flexibility of work allows you to put in as many hours as possible, and with no limitations on referrals, you can earn Rs. 50,000 per month and more.

Coaching

If you wonder how to earn money from home while using your expertise, coaching can be the answer. If you are a social person who likes to interact with others, you can coach others online through video calls or creating videos. Teachers, athletes, gym instructors, dieticians, personality coaches, language trainers, and many other coaches are taking to the internet to grow their network of clients. Online coaching is a great way to connect to customers and clients from different cities and countries to earn money. 

Affiliate marketing

If people around you value your suggestions regarding personal style, skincare, accessories, home improvement products, and the likes, you can become an affiliate and recommend products to others. Every time a person buys a product using your affiliate link, you will earn a certain commission. Several websites and businesses, big and small, offer affiliate marketing. You can sign up with any of these.

This skill to influence others can also help you grow your business with the IDFC FIRST Bank's MyFIRST Partner Program since referrals play an important role here. All you need to do is download the IDFC FIRST Bank's MyFIRST Partner App, sign up (which takes under 5 minutes only), and you can start referring those in need of financial assistance for an IDFC FIRST Bank personal loan.   

Online tutoring

Unlike coaching, online tutoring is academic and can be an excellent option for teachers and others who love to teach. There's a huge demand for online tutoring, from group sessions to one-on-one mentoring. You can pick your subjects and enrol students right away, given its convenience. 

IDFC FIRST Bank's MyFIRST Partner Program - An excellent and hassle-free way to earn money 

Signing up for an earning app can be one of the simplest ways to make passive income for beginners. If you are thinking of how to make money online for beginners without investment, IDFC FIRST Bank's MyFIRST Partner Program is the answer.

A referral program with a community of over 2 lakhs partners, it allows you to refer people in need of a personal loan through the IDFC FIRST Bank's MyFIRST Partner App with minimal documentation. You can even track the status of the application on the app. Once the IDFC FIRST Bank disburses the loan, you get a 1.5% payout, thus helping you earn more than Rs 50,000 per month. Furthermore, you also get a dedicated Relationship Manager and a central helpline to ensure a seamless process. All this with zero investment and flexibility of your time.

If these ideas seem interesting to you, do give them a try. While some may need prior investment, others, like downloading the IDFC FIRST Bank's MyFIRST Partner App, are free, hassle-free and need under 5 minutes to sign-up.

Disclaimer

The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.