Do you know the number one choice of career for kids these days?
Forget about Doctor, Teacher and lawyer… Youtuber is the NUMBER 1 JOB KIDS WANT!
Look at the stats below (from The Sun UK)
In addition, you may want to know that Four out of 10 Millennials say that their favourite YouTubers understand them better than family and friends.
Hence, I’ve shared with our community of parents at TheAstuteParent that it is a must to understanding youtube. At least scrutinise what on who your kid is watching and listening to.
Back to the point on jobs kids want, Number 2 on the list is blogger. In many ways, it is also influencing peers via internet and/or social media.
Hence, in today’s post, you know better the possible income streams from such a career.
To a smaller extent, I’d also share how to make side hustle/passive income if you want to start a blog or a youtube channel.
Blogs earn money from advertisement banners like Google Adsense
If you go to TheAstuteParent.com for example, you’d see advertisement banners.
Many blogs have it also.
When you also have a blog, you can partner with google adsense to earn from advertisement banners. There are many other display networks like Taboola.
How Google Adsense (or any display network) pays a blog is usually by 2 methods
– impressions (when someone visits)
– clicks on ads
Before that, they charge the banner advertiser a fee and this fee is used to pay the blog eventually.
Advertisement revenue is NOT the focus at TheAstuteParent and neither do we have a lot of experience in it. We aim to help young families with financial planning ideas.
The sharing below is just a proof that ad revenue from blogs can be a possible side hustle. Currently, it generates $1-$5 a day in passive earnings. Maybe just to help with some cost of maintaining the website.
Earn money from affiliate sales or sponsors
Blogs can also earn from affiliate sales or sponsored post.
We don’t have much information of it currently and the amount that can be earned is also very subjective.
Affiliate sales is simply commission when someone buys something through your referral code. You know the “Get your friend to sign up and get $20 from us today!” kind of referral incentive is similar.
Sponsored post is simply a paid project to write on behalf of an advertiser.
In general, these 2 methods are more lucrative than advertisement banners to a blog.
Influencers on instagram make money from these 2 sources also.
How to start a blog today to earn money from a blog?
There are many free websites today to start your blog.
You can try google’s own blogspot. I’ve tried it over here on a side travel blogging project called “Holiday Trip Today”. It’s FREE and pretty easy.
You can also try on wordpress.com or wix.com.
1) A blog can get hacked especially if it grows big
2) To grow a blog, cost need to be sunk in to make it make it more legit over time
3) Cost to host website
1) Can start earning from day one. Do note you need to accumulate $150 of earnings before you can cash out from google adsense.
Earn money from Google Adsense for Youtube
There are full time youtubers already. Multi-millionaire ones…
Top 10 highest–paid YouTube stars of 2018, according to Forbes
- PewDiePie – $15.5 million.
- Jacksepticeye – $16 million.
- VanossGaming – $17 million.
- Markiplier – $17.5 million.
- Jeffree Star – $18 million.
- DanTDM – $18.5 million.
- Jake Paul – $21.5 million.
- Ryan ToysReview – $22 million.
Ryan ToysReview under the channel RYAN”s WORLD is acted by surprise surprise… a kid.
He is probably an idol to many kids also.
Google adsense on Youtube is the advertisement you see before you get to watch your video on Youtube. Sometimes, the advertisement comes out again after 5min.
Videos who are more than 10 mins long typically can insert 2 advertisements. That means double the potential earnings.
To start earning from youtube, you would need 4,000 watch hours and 1,000 subscribers to be eligible to sign up as a partner.
Unfortunately, I don’t have data on youtube earnings yet. Would share more when I gather some personal experience on it =)
1) Filming and editing is very time consuming (I take at least 6hours per video)
2) You need to become a youtube partner before you can start earning. Blogs can earn from day 1
1) There is no website hosting required. It is all on Youtube.
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