Work from home ideas: 10 ways to make money online in the Philippines

Not enough savings? Buried in debt? Living paycheck to paycheck? 

Sometimes, managing (especially reducing) our expenses isn't enough. You don't want to get sick because you cut eating meals into twice a day instead of thrice. That's going to be an additional financial burden.

Do you want to work from home?

The solution therefore is to earn additional sources of income. And now because of technology, people can actually make (additional) money online now in the comforts of their homes. 

Here are 10 ideas how to work from home for Filipinos and start making money online:

1. Freelance work or online jobs

Because of technology, a lot of jobs are now being outsourced all over the world. Thus, online jobs are now available. 

Luckily, Filipinos are known to be skillful, full of talent and hardworking. Earning few dollars is already a big thing here in the Philippines.  

Thus, a lot of Filipinos today are doing virtual assistant jobs. A lot are doing it as a part-time income online but some already made it a full-time job. 

Just imaging working at the comforts of your home. No more heavy traffic and you own your time. 

However, freelance work and online jobs may not be easy. It requires skills, dedication and constant learning but is truly doable. 

Here are some skills and services that are perfect if you want to get a freelance work online: 

- Graphic Design

- Android/IOS Application developer

- Content Writing

- Virtual Assistant

- Technical support/Customer Service

- Social Media Marketing

- Email Marketing 

- Online Video editor

- Logo Design

- Data Entry and Online Typing Jobs

- Search Engine Optimization Services (SEO)

- Internet Research

- and many more..

Famous sites you can go to:

International freelance websites:

- Upwork (www.upwork.com)

- Fiverr (www.fiverr.com)

- Freelancer (www.freelancer.com)

Filipino Freelance websites:

- VirtualStaffFinder (www.virtualstafffinder.com)

- MyOutDesk (www.myoutdesk.com.ph)

- OnlineJobs.ph

2. Sell stuffs online and/or build eCommerce website

You can sell physical items online like clothes, gadgets, even cars or basically anything. By using media like Facebook or Instagram, you can create your own business page where people can inquire, ask quotations and schedule for meet up. 

Transactions are usually done by meeting up or through delivery. However, a word of caution as scams are also evident online, so its best to be careful especially when payments are done online. 

Another way is through building an eCommerce website. Where you can set up an online store, have a secure payment process (usually through PayPal) and have an effective delivery system. 

3. Blogging

Blogging was once done as a hobby, but now can be a lucrative source of income online. A blog is basically a website where you can write anything you want. Usually informative, educational, entertaining or inspiring. 

You can be a food blogger, travel blogger or even a financial blogger. Then by building significant number of readers, visitors and traffic to your blog, you can then monetize it by adding relevant advertisements. 

Online advertising works the same with physical advertising. Have you seen those big banners with "Ads space for rent?" A company can rent a space in your building and place an ad banner. Same thing with online advertising, an advertiser will rent a "digital space" in your blog. 

Make money online as a blogger

However, just like physical advertisements where a good location is a big factor (where a lot of people can see the ad), your number of online visitors called traffic, determines how well you will earn as a blogger.

That's why choosing the right niche (specific blog topic) is also very important if you want to be a blogger and earn through advertisements. 

Good niches that can potentially receive good traffic are:

- news

- showbiz

- technology (especially gadgets)

- food and lifestyle

- travel

- relationships, family and marriage

- and even finance 

Turn your passion into profit, create a blog that you love to write about, work from home and make a decent money online! 

4. Affiliate Marketing

Affiliate marketing is basically promoting other people's products online. Unlike an e-commerce website where you need to sell your own physical products online, by being an affiliate you just promote somebody else's products and receive a commission when someone buys from your promotion. 

An example would be by being an affiliate of Amazon or an affiliate of Lazada here in the Philippines. You just apply as an affiliate, fill-up some forms and upon approval, you will receive a unique code called an affiliate link. 

This affiliate link will be coded specifically to you. Meaning, when one clicks your affiliate link leading to a certain product and that person buys you will receive commission in return. It works like a referral system. 

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Wealth Bootcamp: from Zero to Hero

We just concluded an awesome event last weekend, Nov. 6, 2016 at Harold's Hotel in Cebu:

Wealth Bootcamp: from Zero to Hero

as organized by ProsperPinoy + the admins of Life at IMG, in partnership with CERTA, Inc. - Family Estate Planning and Investment Advisory. 

While it was the people's champ - Manny Pacquiao's fight with Jessie Vargas, around 100 attendees still dedicated themselves in learning more about business and personal finance. 

It was a comprehensive program which covered 3 areas which are believed to be an essential factor to thrive and maximize the financial potential and opportunities in the 21st century.

1. Business & Entrepreneurship (Modern and Online Business, Art of Selling)

2. Stock Market & Mutual Funds (Types of Investments that will work for you)

3. Financial Education (Increase Cash Flow, Debt Management, Understanding Insurance, Retirement Planning)

Here's a peek at the topics that were discussed in the event: 

1. Investing in yourself

Investing in yourself

The event started with Serge Bargayo, RFP, CSS of CERTA. The topic revolved around investing in yourself which is key to increasing your value. 

While people may acquire a lot of different investments and assets. The best asset that appreciates over time is yourself. It was the perfect start of the event as it is very important to remind people why we invest in attending seminars and lectures. 

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Three things we need to know about stock market investing

Investing in the stock market is a great way to grow your money. However, IMG highly recommends that before going into such investment, we need to build a solid financial foundation. This is to minimize the risk of losing your investment because of sudden emergencies like loss of life or sicknesses. 

IMG does not recommend also going into debt to invest your funds, as the interest in debt is usually higher than the interest in investments. Also, the interest of debts is guaranteed and the gains in investments aren't. That's why it is very important to build a solid financial foundation. 

See related article: Financial Foundation - How To Save The Right Way Versus The Wrong Way

But when one has built a strong financial foundation, then one can venture into other types of investments like stock market investing or real estate investing. Today, let us tackle the basics of stock market investing. 

Invest in the stock market

Here are three things we need to know about the stock market:

1. How the stock market works

2. Why invest in the stock market  

3. How to make money in the stock market

Now, let us tackle each one in detail: 

1. How the stock market works? 

It comes from two words: stock and market. Market means a place where people can buy and sell. Stocks mean shares or ownership of a certain business. Thus, the stock market means a place where people can buy and sell shares or ownership of a certain business. 

Initially, a corporation or a business is a private entity. The shareholders are limited to the owners. However, when a company decides to be a public entity whereby the public (ordinary people like us) can become part-owners of a certain business, then that company will go to the Philippine Stock Exchange (PSE). 

After being listed in the PSE, they will then conduct an Initial Public Offering (IPO) where the public can then start to buy shares of that company. 

Process flow of a private business into a public company

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