Friday, August 26, 2016

How to Make Extra Money- Residual Writing for People Who Can't Write

By North.jvta (Own work)
[CC BY-SA 3.0 (http://creativecommons.org
/licenses/by-sa/3.0)], via Wikimedia Commons
Many people that follow my YouTube channel do not know where my income comes from because I've never really talked about it.  Just like investments, I thought it was important to diversify my income sources.  If one thing fails, the others avenues of revenue combined with a healthy emergency savings plan would keep me safe from another financial disaster.

I started searching for legitimate income streams.  Not the get rich quick kind of things that NEVER work, but things that I loved to do that could generate a little extra folding money to put into my pocket or savings account that would someday eventually pay the bills.  One of the things that I discovered was residual writing.

So, what is it?  The simple explanation in a nutshell... you write something about a subject matter that people are interested in reading, post it online on a website and you receive monetary compensation based on how many times what you wrote is viewed.  It doesn't happen overnight and it does take some work.  

People tell me all the time that they can't write.  Yes, you can.  If you can speak and put together sentences that people can understand, you can write.  The easiest way that I know of to tell someone how to write is for them to record themselves talking about a subject that they are knowledgeable about and type it out while listening to the recording.  That IS writing.

You don't have to be a professional writer to earn money from residual writing.  Heck, the majority of the information that is posted online is put there by everyday people that do not list writer as their occupation.  You can be an average Joe Jones and still have a successful part time income from posting content online.  Just make sure you know what you are talking about before you post it, please.  The internet is already so full of misinformation.

Here are a few interesting facts about residual writing that I've learned over the years:
  • It does take time before you will see any payments for your work.
  • You don't have to be a rocket scientist, you just have to know your subject matter.
  • It is best to stay away from saturated niches like weight loss, lottery and hypnosis.
  • Pick a subject that you are already knowledgeable about, and pick that subject apart.
  • You can spend as little as $2.99 per year for your domain name and free hosting is available so it really is a tiny monetary investment.
  • Be ready to constantly learn about Google and search engine optimization because if people can't find what you write, they can't read it and you won't be paid for it.
  • Look at residual writing like you would look at a long term investment because it will be a while before it pays off.
Not everyone will be interested in this part of my income but for those who are, I will be posting more information on the basics before going more in depth into residual writing and everything that goes into it.