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Here's how to use the web to make money
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  • Here's how to use the web to make money

Here's how to use the web to make money

FP Staff • December 20, 2014, 15:25:40 IST
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The era of the Internet has opened a plethora of ways for people to make money.

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Here's how to use the web to make money

•**How to make money online:**The era of the Internet has opened a plethora of ways for people to make money. The Economic Times Wealth supplement has an article on the various ways one can profit from online ventures.

Describing the web as as a “virtual bazaar”, it says the Internet is a place where one can buy anything from technical advice to tattered childhood comics. It is also quite feasible a start-up in the sense that it does not require you to rent a shop or engage in door-to-door selling. One click of a mouse and you can have access to millions of customers.

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[caption id=“attachment_119715” align=“alignleft” width=“380” caption=“Mint Moneyprovides a check list to hone in on the best manager for you. Reuters”] ![](https://images.firstpost.com/wp-content/uploads/2011/10/internet-reuters.jpg "A journalist uses the new Facebook Deals application on a mobile phone at its official launch in London") [/caption]

For newbies looking for a global audience, Facebook and Twitter, which have a staggering customer base of around 150-200 million users, are a good way to start. Other options include joining a blogging website, such as Blogspot or Wordpress, and start writing. The article gives an example of Girish Khare, who started blogging in 2006 after he suffered five heart attacks in a year. While on a sabbatical, he spent months traveling to exotic locations from underground rock churches to tropical rain forests of Borneo. Today, he writes eight blogs a week and earns Rs 50,000 a month. To read the full article, click here.

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•**Earn more from idle cash:**Got some extra moolah lying around the house? Lucky you, now you have one more reason to celebrate. The deregulation of the savings rate announced by the RBI last week is expected to lead to an increase in the average interest rate on savings by 50-100 basis points from the current 4 percent. Firing the opening shots in this direction were Yes Bank and Kotak Mahindra Bank, which announced that it is offering 6percent interest per annum on savings account balances of more than Rs 1 lakh and 5.5 percent per annum on balances of up to Rs 1 lakh.To read the entire article in ET Wealth, click here.

•How to find the right wealth manager: If you are one of those people who classify as high net-worth individuals (HNIs) in India, then read on for some information on how to cherry pick your wealth manager. _Mint Money_provides a check list to hone in on the best manager for you. The points to note include evaluating your own investment threshold to understand what the firm expects in terms of investment from a client and whether the financial institution has the relevant experience to handle your existing or potential corpus. Other factors to consider include the performance and charges for the various services. To read more, click here.

•Virtual Gifting: Get apps for friends this season: Wondering what to gift your friend? Why not an ‘app’? Business Standard had an interesting article on what you couldgift hard-core Apple, Android and BlackBerry users. For ‘Apple’ users, one could look at iTunes gift cards, which help the user to buy music, videos and other content from iTunes. Alternatively, you could also look at emailing an iTunes gift card, available in $15, $ 25, $50 and $100 denominations. Other gift ideas include the ‘Tweet Speaker’ an app that can be used by iPhone or iPad users. It allows users to listen to tweets while walking on the street. Another idea is the ‘Loopy HD’, which allows you to record music, merge them or keep them all in sync. To know more, click here.

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