Last updated in November 2020
Finding legit ways to make money online without investment can be difficult. The internet is full of scams that you can easily fall victim to. Additionally, making money can be especially hard if you have none to start with.
Whether you have recently lost your job, face a financial emergency or are simply looking to make some extra cash, This post will help you discover legit ways to make money online without investment.
This post contains affiliate links. Should you make a purchase or sign-up through my links, I will receive a commission at no extra cost to you.
Table of Contents
Legit ways to make money online without investment
Sell on eBay
Everyone can become an eBay seller, even if you do not have any money to start. You probably own something you do not need anymore. Even if it is junk to you, another person may see value in it.
Making money on eBay is simple. Have a look around your house and assess your possessions. Then, list everything you do not need anymore on eBay. A standard auction takes seven days after which you should be paid pretty quickly. Most buyers pay via PayPal and you can use some of the money to buy packaging and pay for postage.
I just had a clear-out and made £100 on eBay in on month. All I sold was stuff I had already lying around but was not using.
eBay has evolved so much since it first launched. You can now directly buy the label for posting from the platform. If your parcel is big and/or heavy, you can arrange it to be collected from your home.
Selling on other websites
eBay is not the only website where you can sell your stuff for legit ways to make money online without investment but it is the most popular platform. Furthermore, it works for all kinds of items. However, if you are selling a lot of similar items, you may want to investigate more niche websites.
This is because you can find a more targeted audience on these platforms. For example, there are different websites depending on what type of clothes you are selling.
Thus, for maximum profit, you may have to sign up for a few different websites. Of course, you can also take the most convenient route and sell everything on eBay.
Surveys are an easy way to make money instantly without investment. With survey websites, you fill in short surveys and receive money in return. This can be a bit repetitive but is the most reliable way to make money if you are broke.
You will not be able to get rich with surveys but it is nonetheless one of many ways to make money online without investment. The payout per survey depends on which survey website you are using, but will generally be between £0.50-£2.00.
Choosing a survey site
As some websites are better than others, it is important that you do your research before signing up. You will also want to check reviews of these websites to avoid scam. In particular, you want to look out for the:
- Pay per survey
- Survey length
- Amount of surveys
- Screen out rate
- Payout threshold
- Payout method
Some reputable and better paying survey sites include:
- Pinecone Research (hard to be accepted for)
- Swagbucks (full review)
- SurveyJunkie (US only)
Legit ways to make money online without investment: 20Cogs
20Cogs is a website that allows you to make around £100-£200 within an hour. This does sound too good to be true but comes with a crucial drawback. You have to wait 30 days until you can withdraw your money.
Joining 20Cogs is free and you do not
commit to anything when signing up.
If you are able to wait this long for your money, 20Cogs is an amazing way to make money without upfront investment. The concept of 20Cogs is that you sign-up to other websites or free trial through 20Cog’s links. 20Cogs will receive a commission for this from which they pay you.
Is 20Cogs legit?
With such a good promise, it is easy to assume that 20Cogs is just a scam. However, 20Cogs has great reviews on Trustpilot that vouch for its credibility. It is hard to find negative reviews which is in line with my own experience of 20Cogs.
I have personally used 20Cogs to great success and you can read about my journey in my full review. This will give you a full breakdown of the money I earned and which exact tasks I completed.
Affiliate marketing is a great way to make passive income. It means you will receive a commission if you refer friends (or strangers) to services you use.
To get started, have a look at the websites you are using and find out whether they have a friend referral program. If you do not find any, you can use your 20Cogs account which lets you earn a percentage of the money your friends make.
Other easily accessible friend referral schemes include Airtime Rewards. Airtime Rewards is an app you can link to your bank accounts. You will then earn cashback on selected purchases. Their friend referral scheme pays you up to £1.50 per friend.
You can use my code BVPJVUG6 to receive a bonus up to £1.50.
Sell your skills
Chances are there is something you can do better than most people. Perhaps you can write really well or know a foreign language. You can turn these skills into money without upfront investment.
- Graphic and design
- Digital marketing
- Writing and translation
- Video and animation
- Music and audio
- Programming and tech
- Other industries
Write an ebook
Writing an eBook is less difficult than it sounds. It does not have to be a three-volume novel but can be anything, for example, a self-help book, an autobiography, etc. The important point is that your book delivers value.
There are many guides available that help you planning your eBook for free. All you have to do is doing the writing. Or you could pay someone to write your eBook for you, although this would not fall under legit ways to make money online without investment. If you struggle, you can also get a book editor who can advise and edit your writing.
Once your eBook is finished, you can sell it via Amazon. This lets you list your book for free and Amazon will take a percentage of your profit.
Marketing is another important point to consider when attempting to sell your eBook. Word of mouth goes a long way but you can also use existing social media channels and write guest posts for other bloggers.
Start a YouTube channel
These days starting a YouTube channel is super easy. You can make money from your YouTube channel through various ways, including ads and affiliate marketing.
If you have useful equipment such as a microphone or a camera at home, your channel could be about anything. A good topic would be a hobby or an area you are already knowledgeable about. Being an expert in an area means you are likely to gain followers more quickly.
If you do not have access to a camera or microphone, there are still some things you can do. For example, you could make tutorials on how to fix common computer problems or showing users how to install certain software.
For this, you would need to film your screen. This is much easier than filming yourself. If you are on a laptop, you likely have a built-in microphone. If not, you can use subtitles or make your video understandable without voice instructions.
Sign up to websites
Many websites will give you free money just for signing up with them.
Legit ways to make money online without investment summary
Finding legit ways to make money online without investment can be difficult. However, hidden between scams and schemes, are methods to make money from scratch that work. These include:
- Selling on eBay
- Affiliate marketing
- Selling your skills
- Writing an ebook
- Starting a YouTube channel
If you are prepared to make a small upfront investment, you could try matched betting. Matched betting (not gambling) is a way to make tax-free money from home and you can start with as little as £10. Or you could take your money-making ventures offline and try mystery shopping.
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