Sunday, April 21, 2024
Home Games How to Earn 1 Lakh Per Month: Top 10 Methods To Explore...

How to Earn 1 Lakh Per Month: Top 10 Methods To Explore in April 2024

Thanks to technological developments and the digitization of services, you can now work from home and earn up to ₹1 lakh online. Yes! You heard it right! Many people today use online alternatives to increase their income and build wealth over the long term as part of their financial planning. 

But keep in mind that this isn’t a get-rich-quick plan. If you want to make ₹1 lakh or more a month, you still have to work hard and put in time. This applies to investing strategies and alternatives, such as stock market trading. 

The top ways to make ₹1 lakh a month in India include video editing, social media management, online tuition, affiliate marketing, online selling, freelancing, and even playing real money games online. As you know, there is no “fast” way to complete this. 

You still have to put in much effort to make this happen. In this blog, we’ll talk about how to earn 1 lakh every month as a student or adult and other online income-boosting tactics you can use. Continue reading!

Also Read: 40 Best Money Earning Games of 2024 to Win Paytm Cash

Top 10 Ways to Earn 1 Lakh Per Month in India (2024)

Wondering how to earn 1 lakh per month? Making money online is more complex than we may assume. It takes a great deal of patience and time. However, after everything is sorted online, you can use these strategies to create long-term riches. So, we have handpicked the 10 best ways to earn over Rs 1 lakh per month in India from among the many ways to make money online:

Serial Number Method Potential Earnings (Annual) Investment Required
1 Play Real Money Games on MPL ₹1.5 lakhs to ₹4.5 lakhs Low
2 Affiliate Marketing ₹2 lakhs to ₹4.5 lakhs Low to Moderate
3 Stock Trading ₹1.2 lakhs to ₹5 lakhs Moderate to High
4 Google Adsense ₹1.8 lakhs to ₹4.2 lakhs Low
5 YouTube Channel ₹1.5 lakhs to ₹5 lakhs Low to Moderate
6 Data Entry ₹1 lakh to ₹2.5 lakhs Low
7 Online Tutoring ₹2.2 lakhs to ₹4.8 lakhs Low to Moderate
8 Content Writing ₹1.5 lakhs to ₹3.5 lakhs Low
9 Freelancing ₹1.2 lakhs to ₹4.5 lakhs Low to Moderate
10 Dropshipping ₹1.5 lakhs to ₹3.8 lakhs Low to Moderate

 

1. Playing Money-Earning Games on MPL – Earn from ₹30 Cr Daily Winnings

How to Earn 1 Lakh Per Month on MPL
How to Earn 1 Lakh Per Month on MPL

With over 60 games available on a single platform, MPL is a real-money games app. With MPL, you can use your phone to play and win money up to ₹1.5 lakhs to ₹4.5 lakhs. You must invest money, time, and attention into the platform to earn more than a few bucks, even though the different games can help you unwind from work.

Keep in mind:

  • You can play free games as well as real cash games on the app. You can also participate in head-to-head or cash tournaments to possibly win money.
  • The amount you can earn in each game depends on the game lobby you’ve entered.
  • You can participate in higher-stakes games and tournaments to win more prominent real cash prizes.

Popular Games on MPL:

  1. Rummy: It is a strategy card game in which players compete to build sets and sequences of cards by mixing skill and luck. Play rummy on MPL & win from 9 Cr winnings.
  2. Poker: According to the game rules, players wager on the best hand in this card game. Different poker variations, such as Texas Hold’em and Omaha, call for various tactics and abilities. Play poker on MPL and win from ₹8 Cr winnings pool.
  3. Ludo: Players compete to move their four tokens across the board based on the results of a single dice roll. Because players can block and capture one another’s tokens, the game combines strategy and luck. Download MPL Ludo and win up to 30 Cr daily winnings.
  4. Win Patti: Participants can build hand combinations and place bets on them. Although the rules and hand rankings differ, the game is similar to poker. With the option to raise, call, or fold bets, players must use skill and bluffs to win. Play Win Patti Skill and win real cash.
  5. Call Break: Players bid on how many tricks they can win in a round of this trick-taking card game. The game requires strategy and math because players must play their cards according to suit and rank. Play Call Break for free and win 10,000 daily.
  6. Snakes & Ladders: Players maneuver their tokens according to the numbers rolled on a die along a grid of squares. Players may encounter ladders that move them forward or snakes that send them back. Play free and cash games on MPL Snakes & Ladders.

Tips for Success on MPL:

  • Before entering high-stakes events, use free games or low-entry contests to hone your abilities.
  • Choose games that match your talents and interests to give you a competitive advantage.
  • Become acquainted with the game’s rules and strategies. To improve your understanding, watch lessons or follow expert players.
  • Monitor your gaming performance, find flaws, and attempt to improve them to improve your overall gameplay.
  • Take advantage of the referral program by referring friends to MPL. Earn money and bonuses for each successful referral, increasing your earnings overall.

2. Affiliate Marketing

affiliate marketing, affiliate, commission

Consider that a website is all you need to start making money online. You are not required to create your items or provide a service. Does that sound right? Welcome to the world of affiliate marketing.

According to Statista, business expenditure on affiliate marketing in the United States will reach $8.2 billion in 2022, with Influencer Marketing Hub estimating that the industry will rise to $15.7 billion by 2024.

Affiliate marketing is the practice of selling another firm’s product or service online. You earn a commission when someone purchases through your affiliate link. These commissions are typically calculated as a percentage of the sale price or as a flat fee. When you join an affiliate program, you are given a unique link with a tracking ID. This enables the business to track whether or not you recommend customers to them. You can easily earn up to ₹2 lakhs to ₹4.5 lakhs.

3. Stock Marketing

Stock Market Images - Free Download on Freepik

The goal of anyone who dabbles in the stock market is to become extremely wealthy. The stock market is one of the best ways to earn ₹1.2 lakhs to ₹5 lakhs because it offers higher returns than other options. There are no restrictions when it comes to investment. 

You can start with as little as Rs 1,000 and as much as Rs 1,000,000. Trading stocks has the potential to yield infinite financial gains. Intraday trading is the way to go if you want to earn profit daily. In the intraday share market, stocks are bought and sold on the same day. Buying stocks should not be viewed as an investment but rather as a way to profit from fluctuations in the stock price.

You can start by following these steps:

  • Select a small number of stocks to concentrate on. 
  • Track these stocks’ performance for at least 15 days before making decisions.
  • Use oscillators, volume, and indicators to study the stocks in various ways during this time. Two of the most used indicators are the super trend and the moving average. You can make use of oscillators like the Relative Strength Index or Stochastics.
  • Monitor your target stocks daily during market hours to quickly achieve a high level of precision. You’ll also become more adept at understanding pricing adjustments.
  • You may now identify the entry and exit spots based on your proper research and the indicators you used.
  • Additionally, you should choose a stop loss before investing.

Also Read: 30+ Best Money Earning Apps in 2024

4. Google Adsense

Google Adsense Service

One of the most widely used Google monetization techniques is Google AdSense. Putting programmatic advertisements on their websites enables publishers to profit from their content. It’s a free and best platform that links advertising and website owners. 

  • To begin, you must first register your account. 
  • Then, add a single line of code to your website. 
  • Subsequently, Google will show your readers the ads that are most relevant to your website by matching them automatically. 
  • Matches adverts to your website based on the traffic and content of your site. 
  • Advertisers who wish to market their goods make and pay for the advertisements. The amount you make will vary since these advertisers pay varying fees for different types of ads.

These advertisements are from the Google Ads platform that marketers use. Google Ads holds an auction, and the top bidder among Google Ads advertisers can choose which ad to show on your website. 

Every time someone clicks on your advertisement, you will get paid up to ₹1.8 lakhs to ₹4.2 lakhs. It benefits marketers because it is integrated with Google Ads, a pay-per-click advertising network. This makes it more cost-effective for advertisers because they only have to pay when a user clicks on their advertisement. 

5. Youtube Channel

To begin making money directly through YouTube, you need to have 1,000 subscribers and 4,000 watch hours in the last year or 1,000 subscribers and 10 million legitimate public Shorts views in the last 90 days. Once you’ve accomplished either of these, you can monetize your channel by applying to YouTube’s Partner Program and earning up to ₹1.5 lakhs to ₹5 lakhs.

Affiliate marketing is one area where a novice with few subscribers can earn money online. YouTubers frequently cover niches such as product openings, top [X] lists, and food reviews and post high-quality videos. Instead of paying for an ad click or video watch, you can get paid when viewers buy affiliate products from your video.

Each of the top YouTubers has millions upon millions of followers. MrBeast, Like Nastya, Dude Perfect, and JuegaGerman are among the accounts. With their channels, these YouTubers make up to $28.5 million annually. Even with their massive earnings, fewer accounts can make a livelihood on YouTube.

6. Data Entry

notebook, macbook, computer

If you are searching for “how to earn 1 lakh per month offline” then data entry is a fit for you. It is manually entering data from offline databases or non-electronic forms into a computer and uploading it to an online database. The headings and the category in which the data belongs determine which columns this data is divided into. 

There are plenty of freelancer websites where you can get free online opportunities and earn ₹1 lakh to ₹2.5 lakhs. Jobs for data entry can be found on websites like Upwork and Freelancer. To learn more about the newest trends and opportunities in this field, you can contact experts by joining the appropriate groups on Facebook and LinkedIn. 

Additionally, you can register on employment boards such as Monster, where opportunities for this field are frequently posted.

7. Online Tutoring

distance learning, education, online

In addition to the question of pay for private teachers in Indian schools, most educators enjoy engaging with their students and getting to know different aspects of their personalities. Whether in elementary school, high school, or college, many students look up to their instructors as role models—teachers who work as home tutors can engage with their pupils outside the classroom.

You can earn money online up to ₹2.2 lakhs to ₹4.8 lakhs as a private tutor thanks to your expertise in a specific academic area, your background as a teacher or academic, and your communication abilities. Several factors, like the kind of school you work for, the subject you teach, your credentials and expertise, and the number of students you educate, might affect how much money you can make from online teaching jobs in India.

Also Read: Top 16 Daily 100 Rupees Earning App Without Investment in 2024

8. Content Writing

influencer, writing, girl

One method to produce and distribute valuable content to an internet audience is through content authoring. Content writers can earn money up to ₹1.5 lakhs to ₹3.5 lakhs by writing articles, blogs, ebooks, newsletters, social media platform postings, and more for different clients or platforms. To begin making money from writing, follow these steps:

  • Focusing on a subject or sector you know and are enthusiastic about will make locating and drawing in consumers more straightforward. For example, you could write about travel, health, money, education, etc.
  • Create a portfolio to demonstrate your writing abilities and style to prospective employers. You can create a blog site or use services like Medium, LinkedIn, or WordPress to post your samples. You can also contribute as a guest writer to blogs or other websites in your area.
  • You can submit bids for writing jobs on freelance websites such as Worknhire, Upwork, Freelancer, and Fiverr. You can also make direct pitches to companies needing content writers, magazines, or websites.
  • Depending on your expertise, abilities, and the intricacy of the work, you can bill by the word, the hour, the project, or the article. You can find the going fees for content writers in your area and speciality, then adjust your quotes for your clients.
  • You must create content that satisfies clients’ needs and expectations while being unique, captivating, and error-free. In addition, you must adhere to feedback, communicate clearly, and meet deadlines. As a result, you’ll gain credibility and obtain referrals and repeat business.

9. Freelancing:

desk, laptop, office

How can I earn money online from home? What about online passive income generation? Freelancing is highly sought after and widely known. It is one of the best methods to earn money online in India and eventually turn it into a career. Earnings vary depending on the profession and individual, but on average, a person can earn up to ₹1.2 lakhs to ₹4.5 lakhs. The freelancing business offers a wide range of choices.

A virtual assistant, video editor, graphic designer, artist, translator, and content writer are just a few of the careers you can pursue. Visit Freelancer.com, Fiverr.com, and Upwork.com to begin freelancing in any of the industries above. Freelancing is a godsend since it requires very little investment and offers excellent returns.

10. Dropshipping

e-commerce, online, shopping

It’s the ideal platform for beginning a business online to earn money up to ₹1.5 lakhs to ₹3.8 lakhs. Shopify gives you all the resources you need to launch a company from the ground up. It is simple to use, and the delivery aspect is also worry-free. Suppose you want to go through a thorough procedure with a straightforward approach. In that case, hundreds of online tutorials teach you how to establish your own dropshipping business online using Shopify.

You must follow a few basic procedures to launch your dropshipping.

  • Pick a niche for your online business.
  • Join Shopify to receive a complimentary 14-day trial.
  • Visit unsplash.com to obtain beautiful, non-copyright photographs you can use on your website by compressing them with tinypng.com.

Frequently Asked Questions

What are the benefits of earning 1 lakh per month online?

Earning one lakh online can provide financial freedom, flexibility, and satisfaction. You can work from anywhere and pursue your passion or interest. You can also save money, invest in your future, and enjoy a better quality of life.

What are the skills and requirements for earning 1 lakh per month online?

The skills and requirements to earn 1 lakh per month online vary depending on your chosen method. For instance, you must have designing skills to freelance as a designer, or you should have the necessary poker skills to win a poker game on MPL to earn money in real cash.

How can I choose the best method to earn 1 lakh per month online?

To choose the best way to earn one lakh online, consider your skills, interests, goals, budget, and market demand.

How long does it take to earn 1 lakh per month online?

Earning one lakh online depends on various factors, such as your chosen method, niche, mass audience, competitors, content, products, services, marketing, monetization, and optimization. There is no fixed or guaranteed timeline for earning one lakh online.

Conclusion

Earning one lakh is not a dream but a realistic goal you can achieve with the right skills, strategies, and opportunities. In this article, we have discussed ten methods to explore. Each method has advantages and challenges but requires hard work, dedication, and continuous learning.

Whether you want to quit your 9-to-5 job, supplement your substantial income, or pursue your passion, there is more than one way to earn one lakh or more. The only question is: are you ready to take action?

Vijaya Bharti
Vijaya Bharti is an experienced gaming writer fuelled by a passion for virtual worlds and interactive storytelling. Her profound understanding of game design and culture shines through her compelling content pieces captivating readers. She finds leisure in playing online games, writing about anything related to games, and watching web series.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

DOWNLOAD & GET ₹30K*