There are many things that the millennials do differently fromgen x. Earning money is one of them. For most people who were born before the age of millennials, there were only two ways to earn money- traditional jobs (banking, accounting, sales, marketing, etc.) or business (grocery, electronics, advocacy, woodwork, etc.). However, in today’s age of smartphones, high-speed Internet access, and advanced technologies like artificial intelligence, automation, big data, etc. the millennials are learning new ways of making money.
How are Millennials Earning Money Today?
The millennials are earning money through new and innovative ways today. For instance, many are launching their own startups that offer new and creative services like handwritten letters, 3D printer rentals, etc. Many are self-employed and earning money in the gig economy by offering services like blogging, web designing, graphic design, etc.
There are many online opportunities for earning a small amount of money from different platforms. For instance, you can use apps like Mcent browser to earn money by visiting different websites, or you can even play casino games online to win real money. For instance, you can check out Royal Panda casino which has players in different corners of the world including India, Japan, and United Kingdom. You can play a variety of games like pontoon, video poker, scratch cards, etc. to enjoy and win money at the same time.
Why do Millennials Like to Earn Money Online?
There are many reasons that explain the penchant of millennials towards online money earning options:
Convenience and Flexibility
The generation before the millennials had limited options for making a living. They had to work hard for longer to earn a small amount of money. However, today the millennials have all kinds of flexible options that can be availed for making easy money. For instance, freelancing is one of the best job options for earning money online. This is because you can choose your own working hours, work from any location (even a tourist destination like Goa or Mussoorie), and select the projects you like.
Self-Employment
Self-employment is more common than you think, and there is even a study by MBO partners that shows that the flexible employment trend is in fact growing. It’s not hard to see why the millennials would be inclined towards the same. This is because self-employment is akin to running a business in which you are your own boss and can take any direction for its growth. You can even hire remote workers and learn new skills along the way to help you in your journey.
Love for the Internet
The millennials grew up during a time when Internet was new to everyone. So, in a way, they observed the rising usage and prevalence of the web from up close. They started using the Internet when the quality of websites and the bandwidth was abysmal compared to today’s standards but it was a magical experience for them and the same has remained till today. So, it’s only natural that they research on the web all the time to look for new opportunities for earning money online, especially when there are countless examples of bloggers, influencers, digital marketing experts who are earning a handsome income online.
Bottom Line
The millennials belong to a passionate, innovative, and open-minded generation. They like to break norms and create new paths of their own whether it’s education, relationships, or career. The way they have established practical and attractiveways of making money online, they are inspiring talented and hard-working individuals across the globe to make their lives successful. They now know that they can earn a stable income even with limited means and infrastructure.