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4 Skills to master to keep money flowing in

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Having the confidence that you’ll always be able to make money is life changing.

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Working on money making skills is essential when we’re young, so that you can afford to do that unpaid internship, or you can afford to travel the world for 6 months, or that ticket to Taiwan to work abroad.

If you’re young and you want the freedom to do what you enjoy and whatever you want, having money making skills can go a very long way. Because while you’re on your search for that fulfilling activity, you still need to be able to put food on the table. If you know how to live cheaply and have your priorities straight, then you won’t need much.

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And we have a huge advantage over older generations: the internet. All the money making skills in the list are online tech skills. Why? Because working online is the most flexible and easiest way to make money, and in the future we’ll only be having more tech, not less.

READ ALSO: Business tips from Jim Ovia, Zenith Bank founder

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The list has 4 (Four) money making skills – I recommend mastering at least 2 of these 4 skills. Try them all out, and see which one tickles your pickle .

 

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1. Translation

Speaking 2 languages fluently is a huge plus. By being born bilingual, your parents automatically gave you a money making activity. Incredible.

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If you speak two languages fluently, develop and practice some translation skills (which are not that hard at all).

This comes with practice and by reading other people’s work. Then, pop onto Upwork and look for someone who needs something translated and try it out. Pop onto Fiverr and create a translation gig. Pop onto reddit at r/hire and try there.

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If you keep searching and trying, you’ll eventually build up a portfolio and a technique. You won’t make much at the beginning, but as usual with effort and consistency , it grows.

I personally used to translate French to English and vice versa. It’s a skill I have now developed and thanks to that I am confident I will always be able to make money online translating. I’m not going to lie I do find translation pretty boring, so it’s more of my ‘backup skill’.

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2. Teaching

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‘But I only speak English! And a bit of middle school French!’

It’s all cool, you still have teaching. In fact, if English is your native language, teaching can be very lucrative since it’s such a high demand language, especially in Asian countries.

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In China I was making 30€ an hour teaching English, and some people teach English online for a decent $20/hour.

Once again, teaching may not be your cup of tea – but if you’re not sure yet, why not try it out? It can all be set up from the comfort of your home. Check out these websites to get started:

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Teachaway

VIPKid

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DaDa

QKids

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And if none of these work, you can once again sell your services on Upwork and Fiverr . (there are still some gigs out there of my French teaching times…)

 

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3. Programming

This is a skill that definitely requires more dedication and effort, but can be very lucrative and helpful in the future. If you master this skill, you’re pretty much good to go.

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You can start simple, by learning how to build websites and design them – with this you can already charge others to build their websites.

Or you can go deep and take the time to become a programmer. It might not be a year before you make money, but in the long run it will be well worth it.

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If you feel this is a skill that could make you money, you can learn programming for free at Codecademy or pay $25/month for training.

Programming is a seriously great skill to have since programmers are high in demand and with our crazy innovation this won’t be changing any time soon. A pretty good deal to have.

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4. Digital Marketing

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Digital marketing basically means copywriting, managing social media and SEO. It’s not hard at all, but it requires practice so that you know what you’re doing.

Practice can be achieved by being someone else’s Virtual Assistant for a while – they tell you what they need done, you complete and you learn.

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You usually charge by the hour, so the first few clients you have you won’t make much, however once you build up a bit of portfolio you can charge $20/hour +, which is not too bad as a side gig (better than minimum wage when divided by a day ).

It’s another skill that’s always useful to have since people always need someone to do their digital marketing. You also learn how to sell yourself, how to put yourself in the position of the client and how to manage the online world. A pretty good pack age.

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