Recently, I visited my friend Aaron who’s working a full-time job at a warehouse company. But since there’s high inflation, it has become difficult for her to make ends meet. She asked me “What daily income business can I do without investment?”.

That question really intrigued me, and I thought to myself “Let’s research”. After extensively researching the topic and the kind of money you can make without investing a single dime. 

And here’s the list I came up with. 

Top Daily Income Businesses You Can Start Without Investment

1. Freelance Writing

Freelance writing is a great business for anyone who enjoys writing and has a way with words. Freelancers can work from anywhere and usually work on a flexible schedule. 

There is a demand for writers across various industries, so a person can choose a niche they’re interested in, like travel, tech, or finance.

Starting as a freelance writer requires no investment; most people can start with just a computer and internet access.

How Much Can You Earn as a Freelance Writer?

Freelance writers on Fiverr or Upwork can earn between $5 to $50 per article when starting out. Experienced writers can make upwards of $100 per article. Monthly earnings can range from $500 to over $5,000, depending on the work volume and rate.

Skills Required

• Strong writing and grammar skills
• Research skills
• Time management
• Ability to work independently
• Familiarity with different writing styles

Remember: Freelancers frequently juggle multiple clients, each with different expectations, deadlines, and payment terms. This balancing act can become stressful, particularly when clients require last-minute changes. 

2. Virtual Assistant

Becoming a virtual assistant (VA) is an excellent option for people who are organized and good with communication. VAs support businesses or individuals by managing administrative tasks. 

With the rise of remote work, VAs are in high demand on platforms like Upwork, and clients from various industries look for reliable VAs to help them manage their businesses. This is a remote support business, where one offers administrative services to clients.

How Much Can You Earn as a Virtual Assistant?

Entry-level virtual assistants typically earn between $10 and $20 per hour. Experienced VAs with specialized skills can make up to $50 per hour, leading to potential monthly earnings of $1,000 to $4,000.

Skills Required

• Organizational skills
• Basic computer skills (email, spreadsheets, scheduling)
• Good communication
• Time management
• Attention to detail

Remember: VAs are typically independent contractors and, therefore, do not receive benefits like health insurance, paid leave, or retirement contributions, which adds additional costs and responsibilities.

3. Social Media Influencer

Being a social media influencer is perfect for people who are familiar with social media platforms like Instagram, Twitter, and Facebook. Many businesses need social media influencers to reach more customers or grow their brands.  

How Much Can You Earn as a Social Media Influencer?

You can earn $50–$300 per post. But it depends on the post’s engagement level and if you have any brand affiliations. For you to earn this much, you need to have 1,000–10,000 followers. So just imagine, how much Kylie Jenner earns through her 396 Million followers. 

Skills Required

• Knowledge of social media platforms
• Creativity for content ideas
• Basic design skills (using Canva or similar)
• Communication skills
• Understanding of social media analytics

Remember: Influencers often share personal aspects of their lives, which can blur boundaries and attract public scrutiny, criticism, and even intrusion into their private lives.

4. Online Tutoring

Online tutoring is ideal for people who excel in a particular subject, such as math, science, or languages. As an online tutor, one can teach students of all ages remotely, which makes this business flexible. 

Platforms like Preply or Skype make it easy to connect with students without any investment. Many parents and students are willing to pay for additional academic support, making this a profitable option.

How Much Can You Earn as an Online Tutor

Online tutors can earn between $15 to $50 per hour, depending on the subject and level. Monthly earnings can vary from $600 to $3,000 based on the number of students.

Skills Required

• Strong knowledge in a subject area
• Communication skills
• Patience and understanding
• Ability to explain concepts clearly
• Basic computer skills

Remember: Students may struggle to stay focused in an online setting, facing distractions at home. Maintaining their engagement often requires creative approaches that may not be necessary in a traditional setting.

5. Affiliate Marketing

Affiliate marketing is a popular way to earn money online by promoting other people’s products. An affiliate marketer promotes products and earns a commission on every sale made through their referral link. 

It’s a good business for people who enjoy blogging, social media, or content creation. With no investment, affiliate marketing can be done from anywhere, as long as one has an internet connection.

How Much Can You Earn as an Affiliate Marketer

Beginners may earn a few dollars to hundreds of dollars per month. Experienced affiliate marketers can earn $1,000 to $10,000 or more monthly, depending on their audience size and engagement.

Skills Required

• Basic marketing knowledge
• Content creation skills
• Understanding of social media or SEO
• Persuasive writing skills
• Analytical skills to track performance

Remember: Affiliate marketing is popular, leading to a crowded marketplace where competitors often promote the same products. This can make it difficult to rank high in search results or stand out on social media platforms.

6. Dropshipping (Without Inventory)

Dropshipping is a business model where one can sell products online without handling inventory. When a customer orders a product, the order is forwarded to a supplier, who ships the product directly to the customer. 

With free platforms like Facebook Marketplace or eBay, people can start dropshipping without paying for ads or a website. It’s a flexible and affordable way to start an eCommerce business.

How Much Can You Earn as a Dropshipper?

Earnings vary based on the profit margin and volume. Beginners might make $200-$1,000 monthly, while successful dropshippers can earn $5,000 to $10,000 monthly.

Skills Required

• Basic understanding of online selling
• Customer service skills
• Marketing or promotional skills
• Knowledge of product trends
• Problem-solving skills

Remember: Due to limited control over stock and inventory, you would have to rely on suppliers to maintain stock, you have no control over the availability of products. 

7. YouTube Channel

Starting a YouTube channel is an exciting way to earn money by creating videos. People with a unique perspective or expertise in a specific area can attract viewers and subscribers. 

YouTube channels can cover various topics like cooking, gaming, education, or lifestyle. With enough subscribers and views, one can earn money through ad revenue and sponsorships.

How Much Can You Earn as a Youtuber?

New YouTubers may earn $50 to $500 monthly, while popular channels can earn $2,000 to $10,000 or more monthly.

Skills Required

• Video editing skills
• Creativity for video ideas
• Consistency
• Comfort with being on camera
• Marketing or social media skills

Remember: Exposure to social media brings criticism. Some comments can be harsh, and managing negative feedback, or even online harassment, can impact your mental well-being.

8. Dog Walking

Pet sitting or dog walking is a good business option for animal lovers. Many pet owners have busy schedules or travel often and need someone to care for their pets or take them for walks. 

Pet sitters typically visit the client’s home or stay with the pet for a set time, while dog walkers take pets for walks as needed. Pet sitting and walking can be done in your local area without any investment beyond time and effort, and it offers flexibility, especially for part-time or weekend work.

How Much Can You Earn as a Dog Walker

Dog walkers earn $10 to $20 per walk, while pet sitters can make $25 to $50 per day, depending on services and location. Monthly earnings vary widely, from $500 to over $3,000.

Skills Required

• Love for animals
• Basic pet care knowledge
• Reliability and punctuality
• Good communication with pet owners
• Physical stamina for walking pets

Remember: Not all dogs are well-behaved or trained, and managing different temperaments can be difficult. You may encounter aggression, excessive pulling, or dogs with separation anxiety, requiring extra attention and skill.

9. Transcription Services

Transcription involves converting audio files, such as interviews, meetings, or podcasts, into written text. It’s an excellent option for detail-oriented people with good listening skills. 

Transcription work can be found in a variety of fields, including medical, legal, and general business. All you need is a computer with internet access, headphones, and good typing skills. Many people start without any investment and work from home on a flexible schedule. HiredSupport is the leading transcription service provider in the USA, a reliable name for both businesses and agents. 

How Much Can You Earn as a Transcriptionist?

Beginners usually earn around $15 per audio hour, while experienced transcriptionists can make up to $50 per audio hour. Monthly earnings vary, typically ranging from $500 to $2,500.

Skills Required

• Strong listening skills
• Fast and accurate typing
• Attention to detail
• Basic knowledge of punctuation
• Ability to work independently

Remember: Typing continuously for hours can cause strain on the hands, wrists, and eyes, leading to issues like carpal tunnel syndrome and eye strain.

Passive App: No Investment, No Skills Required

All the above businesses recommended, require you to have skills. Such as listening, fast typing speed, or even 10,000 followers in some cases. Apart from skills, you would also put in a majority of your time on these businesses to receive a decent return. 

Through my research, I came across a Passive app that allows me to earn daily income without putting in any effort at all, and the best part is that no skills are required.

The app allows you to simply share your internet and earn money, so credit card information or personal details are required. And the best part is that the app would run in the background and you wouldn’t have to constantly check on it.

The app is secure and has been recognized as safe to use by the following: 

• Avast
• Kaspersky
• McAfee
• Microsoft Defender

Conclusion

When Aaron heard about the Passive app, she quickly installed the app on her phone. And now makes up to $55/month without even breaking a sweat. 

Since I referred her to the app I got 10% of all her earnings. And Aaron told me to ask all my readers to download the app so that she can make more coffee runs and pay for skins she bought on Fortnite.