Affluent Savvy
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How can I earn money by phone?

You can start an online store to earn money from mobile. Most things can be done from your phone, such as taking orders, shipping products, etc. You can design the storefront on your phone and put up your products on any e-commerce website.

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There are several avenues to make money today. The internet is a boon that makes it easy to earn money from phone anytime and from anywhere. You can choose your work hours and the type of work you wish to do. In other words, you can be your own boss while you stride towards financial freedom! For instance, IDFC FIRST Bank’s MyFIRST Partner Program is an online personal loan referral program that helps you earn money from mobile with zero investment. You can earn well over Rs 50,000 every month by simply referring people looking for a loan in your network.

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How to earn money online without investment?

There are also other methods of mobile earning. Let’s see what these are:

1. Sell your old items online:

If you have things that you do not use anymore, consider selling it on the internet. These days, several websites let you sell your old clothes, shoes, bags, artefacts, curtains, furniture, and more. Thrift stores have a massive customer base, so you can easily find a reasonable price for your items.

2. Use investment apps:

Investment apps are ideal for mobile earning. Download one to your phone and start investing your money in line with your future goals and risk appetite. However, the returns from your investments may not be immediate, and you may have to wait a while before you start to turn a profit. These apps may charge a commission on your earnings.

3. Download earning apps:

Refer-and-earn apps like IDFC FIRST Bank’s MyFIRST Partner Program are ideal to earn money from phone and without any investments. The app is free to download and you can register for the program at no cost in under 5 minutes. Once in, you can start earning 1.5% on each personal loan disbursal you refer through weekly payouts. You can do this from your home, office, or practically anywhere, and you also get support from a dedicated Relationship Manager and central helpline to help resolve any query.

4. Be a test participant:

When companies launch new products and services, they need test participants to give the products a trial run. Based on the feedback, they are able to modify the product and make it more efficient and/or appealing. Depending on your interests, you can consider becoming a user testing participant.

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5. Set up an online store:

You can start an online store to earn money from mobile. Most things can be done from your phone, such as taking orders, shipping products, etc. You can design the storefront on your phone and put up your products on any e-commerce website. Try to look for a gap in the market and introduce products that you think will do well among your intended audience.

Conclusion

There are several ways to earn money from mobile, but some of these may involve initial set-up costs. Nevertheless, the return on your investment will be decent as long as you are good at what you do. However, if you’d rather not invest any money upfront, you can always consider options like IDFC FIRST Bank’s MyFIRST Partner Program. Simply download the IDFC FIRST Bank’s MyFIRST Partner App on your phone and you can earn money by referring immediately, joining an active user base of over 2 lakhs partners across India!

Disclaimer

The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

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