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Online sources of regular income

The rate of the increase in unemployment in some countries is becoming so much that I wonder what could possibly be the cause. The origination of businesses and industries should be aiding in the reduction of unemployment in the world, but that is not working. I have tried to figure out why a lot of people are unemployed; especially our youths, and have come in conclusion that, unemployment can be as a result of:

• Illiteracy
• Lack of required knowledge
• Lack of required skills
• Sex
• Age, etc.

After concluding on the above causes of unemployment, I begin to think about those educated persons with outstanding skills and knowledge that are still unemployed. Of recent, most employees that are employed are those that can deliver what are expected of them, employers are no more after the sex or age of a prospective employee. It was after the second thought that it dawned on me that a lot of people are jobless or have nothing doing because they lack information.

Even as a student, lactating mum, retired dad or mum, there are sources of income online that can steadily cause in flow of cash into your account, at the comfort of your home. The existence of internet has brought about immense changes in almost every aspect of our lives, and over 50% of the world’s population has access to internet and mobile phones, tablets, laptops and computers.

To me, a source of income literally means where money flowing from, and it is never a crime for a man, woman or student to have multiple sources of income. In fact, every successful entrepreneur has more than one source of income and that is why he or she is successful.

Below are some of the online sources of income that majority of the world’s population are unaware of, and have ignored or neglected.

Online trading

When you come right down to it, it is nothing but the act of purchasing and selling of financial products via a platform provided for online trading. There are various platforms for online trading and are usually provided by internet based brokers. These brokers provide their platforms for people that are willing to realize money from the market. The financial products include currencies, gold, etc. This kind of online source of income id subdivided into two, and they are:

Forex trading

Forex which stands for foreign exchange; and Forex trading is the act of buying and selling in the foreign exchange market. The Forex market is nothing but a place where various currencies are bought and sold. I believe you and I are aware of the essence of currencies’ exchange – it is usually needed to conduct foreign business or trade; one may summarize it as international trade. For instance, you are in US and want to purchase some goods from a company in Spain; your US dollars will be changed into Euros in order to pay. In essence to that, going into this form of trading will bring some finances to you as long as you trade very well and with caution.

Binary option trading

The binary option trading is a form of trading similar to Forex trading with fewer differences. The big difference is that binary option is traded mostly on price fluctuations or movement (high or low) over a range of time. The similarity of it with Forex trading is the both are traded on currencies. So, you can either choose trading Forex or Binary option.

Freelancing

Freelancing is the act of being a freelancer. A freelancer is an individual who works for multiple employers over a contractual period of time. I am sure you have come across the word, and another truth is that there are a lot of websites that provide avenues for freelancers to be hired and paid for a particular job. The good thing about being a freelancer is the opportunity of working for multiple employees at the comfort of your home. All you need to do is sign up in some of the recommended websites, include your skills while signing up, and watch employers bombard you with jobs and mouth-watering salaries. You can sign up as a:

Writer, and start writing articles, projects, dissertation papers, reports for employers. Graphic designer, and start designing brochures, business cards, banners and logos for companies. Transcriptionist and start converting audio, podcasts, and video files into visible and readable text files.

Blogging

The act of blogging is becoming famous all over the world, and it will be rare to see an internet user who is not aware of what blogging means. Most bloggers blog because they feel like doing it or as a hobby, but you can monetize yours by applying for Google adsense program or as well advertise products of companies on your blog site and get paid monthly.

This was posted in Bdaily's Members' News section by Anna Johnson .