This article will show you how you can earn as much as a regular job or more from writing online.
Can you Earn a Good Living Writing Online?
The truth is, you can earn a good living from writing online, but it's just like any other job, you have to work for hours every day, and go through training on how to do it well, if you want to earn enough money to get by.
I earn about a hundred dollars a month here on Factoidz by writing one or two articles a day, and that takes me about an hour a day on average, so if I worked eight hours a day, I would probably make eight hundred dollars a month or more, increasing as I wrote more articles. I've only been writing here for three or four months so far.
On Factoidz, you get paid an activity bonus for publishing, which increases the more you write in a month, the better your articles do, and depending on whether you are writing about highly paid topics like business, health and fashion.
You also get paid for views on the page, and that amount also depends on the SEO rank, the topic, and the amount you publish.
Basically, if you make Factoidz money, they increase your activity bonus and pay per view, as an incentive to make them more money.
Can you Earn a Good Living Writing on Factoidz?
Over the short term, you might make enough to pay your bills if you work all day long, but over the long term, you could earn a good living by just publishing one article a day, because you are building a residual income which keeps coming in.
I worked out that over ten years, I would make about $25 an hour by writing one article a day, based on the amount I would earn from the activity bonus and residuals over that time divided by the amount of hours I would have worked.
If you increase the amount of articles written a day, the amount per hour goes up, because you are building a better residual income faster.
Let me explain what I mean. Let's say you build a residual income of $1 a day every month, after one year, you are earning $12 a day without having to work any more. If you worked for forty hours a week, you could assume you would get about $150 a week the first year, then $250 a week the second year, and so on.
As an illustration of this point, I have been writing here for a bit over three months, writing one or two articles a day, and I earned about $100 last month, which is not a bad living for very part time work.
If you want to make money faster, you can write product reviews and product comparisons which pay up to $20 upfront in activity bonus, and have very high rates for views.