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# 1: Google Adsense
If you have visited any website, you have seen Google ads. These ads are everywhere and for good reason. Not only are they easy to set up on any basic website, but they can be lucrative once your website starts to generate a steady amount of traffic.
One of the cool things about Google AdSense is that it is very easy to set up. If you have a blog or website, you can sign up for a free Google AdSense account. From there, Google will give you a unique code that you will paste on your website. Google takes it from there, tracking your page views, traffic, and earnings on your behalf. There is no upkeep or maintenance for this to work, which makes it a no-brainer if you already have a website.
How much are you going to earn? I think my best month with Google AdSense was almost $ 5,000 in the last ten years. That incredible month blew my mind as it was actually near the beginning of my blogging journey. When you go from making zero to $ 5,000 in a month, that will rock your world. For me, it also made me even more excited because I knew there were other ways to monetize.
# 2: affiliate marketing
Whether you have a website or are still dreaming up blog ideas, you can also look into affiliate marketing. With affiliate marketing, you partner with brands and companies within your website content. If you mention a product or service, you link to that product or service using a unique affiliate code that you received when you signed up for that particular affiliate program. From there, you will earn money every time someone buys a product or service through your link.
Generally speaking, you will want to partner with affiliates that are related to the concept of your blog. Since becoming a financial advisor, I have focused much of my affiliate energy on financial products such as savings accounts, credit cards, and investment accounts.
In addition to signing up for individual affiliate programs, you can also sign up for an affiliate ad network that offers a ton of different affiliates in one place. That way, you can see what works and what doesn't work over time.
If you're looking for inspiration, my friend Michelle Schroeder-Gardner from the Making Sense of Sense website has become the expert on all things affiliate marketing. Michelle makes over $ 100,000 per month from her blog and most of her income comes from affiliate sales. Michelle has been so successful with affiliate marketing that she even has her own course called Understanding Affiliate Marketing.
While Michelle works with a lot of affiliates in the financial services industry, one of her biggest affiliates is a blog hosting company called Bluehost. This just goes to show that you can make money from almost any affiliate company or product if you know your audience and generate enough traffic to drive sales.
# 3: Consulting
Another way to earn money online is through consulting. If you are an expert in any field, you might find people willing to pay you to advise them on their personal or business goals. You may think it's not important enough to advise large companies, but you might be surprised at the kinds of experience people will pay for.
My colleague Robert Farrington from The College Investor is a good example of someone who consulted online in an unlikely industry. Robert told me that after he had been blogging for a few years, a couple of brands approached him for help with social media and online marketing.
Robert said that he did an average of 4-6 of these concerts per year over a period of time, depending on the schedule and the work involved from him. The best part is that he charged a flat rate that was normally around $ 100 an hour. And remember, this was the payment he made to advise people on the best ways to use social media tools like Facebook and Pinterest to grow their brands.
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