How to Make Money on Instagram: 5 Proven Ways for 2024
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If you’re looking for ways to make money on Instagram, consider sharing more than just your photos and videos. Share your audience.
Companies are attracted to dedicated communities on the social networking app — even ones that number in the low thousands. If your followers fit the profile of consumers that a brand is trying to reach, you may be able to make some money.
Not interested in going the influencer route? Try selling your own products.
5 ways to make money on Instagram
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- 2. Decide what type of investor you are
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- Pros
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- 3. Make the purchase
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- Purchasing stocks
- Cards that offer Clear statement credits
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- 1. Find a dividend-paying stock
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- Meet in a public place
- 4. Choose the best retirement plan for you
- 4. Buy stocks using the right order type for you
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- 4.Start applying for jobs or pitching your services
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- Tax audit risk
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- Credit score for VA refinance
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- 5. Note your state's estate tax laws
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- Should you invest in retail stocks in 2023?
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- Basis
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- 4. Fiverr
- Friends and family
- Bond mutual funds = lower returns (but lower risk)
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- Unpaid interest is cancelled
- 5. You cannot have bought the house through a like-kind exchange
- Mortgage REITs
- Luxury programs
- 4. Keep the deadline in mind
- Switch to an income-driven repayment plan
- 3. Land a brand deal and make sponsored content
- Who gets to avoid this charge:
- 3. Dividend reinvestment programs (DRIPs)
- If your car isn’t recovered
- 4. Choose a bank that doesn’t charge foreign ATM fees
- Debt consolidation
- Do a visual inspection
- Sesame Cash
- Ages 45 to 54
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- Get access to promotions
- Copays, coinsurance and deductibles
- Revocable life insurance trusts
- 3. Cancel your IHG hotel reservation using the IHG app
- 7. Venture capital
- 2. Pick which options to buy or sell
- Cons of debt consolidation
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- You prefer booking flights directly through the airline
- 3. Turn to qualitative stock research
- How to maximize your rewards
- 4. Take surveys for money
- Cons
- 4. Real estate investment trusts (REITs)
- 6. Add your minor child
- Guarda: 4.6 out of 5 stars
- Ages 25-34
- How much does a HELOC cost?
- Seasonal Energy Efficiency Ratio (SEER) Rating
- Home prices keep climbing
- Average whole life insurance rates for smokers
- Deductibles, limits and payouts
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- 4. Barclays rewards
- Ruby Lane
- Step 6: Assemble a team
- Use points to upgrade your seat
- Pros
- Evaluate the risk
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- Split between a traditional and Roth IRA to defer taxes
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- When are taxes due in October?
- Other student loan calculators
- If you have credit but want to strengthen your score
- 6. Compare mortgage rates and fees
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- 5. Consider a fund over an individual stock
- Design
- 5. Consider contributing enough to get any employer match
- 5. Monitor your total credit utilization
- BMO Cash Back Credit Card
- Purchase energy-efficient appliances
- 4. Alert authorities to fraud
- Cheap auto insurance after an accident
- 4. Taxpayer identity theft
- Your money management style
- 2. Evaluate the stock
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- Injuries to you
- 6. You cannot be subject to expatriate tax
- Best insurance company for affordability: NJM
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- 2. Healthy large-cap stocks
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- 5. Select your investments
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- 6. Weigh the value of professional help
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- 4. Practice with a paper trading account
- Winner for lowest fees: Southwest
- Looking ahead to 2017
- The right savings rate
- Money market mutual funds = lowest returns, lowest risk
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- 5. Gather your paperwork
- Credit Account
- Hybrid REITs
- Credit access and security are also concerns
- Debt-to-income requirements
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- Pros
- Market orders
- Why it’s the best
- 3. Book travel
- 4. Look for other advertisements (or put out your own)
- Pay bills on time
- Cover your card charges
- 2. Find the right location for your vending machine
- 2. Evaluate the stock
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- 8. Angel investors
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- Who can avoid this fee:
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- The cons
- Irrevocable life insurance trusts (ILITs)
- Mutual funds
- TAP Air Portugal earnings rates
- 3. Decide how much stock you want to buy
- 7. Suspend your benefit
- Con: Consolidating privately means you give up federal loan benefits
- Determine if you can meet the welcome bonus spend requirements
- Exodus: 4.5 out of 5 stars
- What do I need for my loan application?
- Credit-builder loans
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- 4. Sell some merch
- Limited number of airlines
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- Cons
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- Keep credit utilization below 30%
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- Actual cash value vs. replacement cost value
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- If your mortgage is an FHA loan
- Learn how to become:
- How much dwelling coverage do I have?
- How to maximize your rewards
- 5. Medical identity theft
- Account linking
- Excess Roth IRA contributions
- Purchasing a Plumeria Lounge day pass
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- What you need to get preapproved for a car loan
- 10. Gas station
- Ages 35-44
- Your stolen stuff
- Publicly-traded REITs
- 5. American Express Membership Rewards
- 6. Dividend funds
- Other VA refinance requirements
- Our pick for: A 0% introductory APR
- Ages 65 to 74
- 5. Stay in touch with your network
- 3. Decide how much stock you want to buy
- 1. Through Hyatt hotel stays and purchases
- Gusto Impact Award
- Manage your Marriott account
- U.S. Bank Altitude™ Reserve Visa Infinite® Card
- 7. Gather your loan paperwork
- Give to charities
- 5. Measure your returns against a fitting benchmark
- 6. Decide whether you want to supplement your savings outside of a 401(k)
- Low-down-payment mortgages
- Uses for unsecured loans
- Step 3: Set up your business
- Example CD APYs at select institutions
- 5. Make money from your blog with affiliate links
- The magic of compound growth
- 5. Upwork
- 5. Money market funds
- Schedule 2: Additional taxes
- Qatar Airways
- The following Southwest credit cards include upgraded boardings:
- 4. Borrow from your 401(k)
- 2. Time it right
- Our pick for: Flexibility
- Competition remains steady
- Choose term life if you:
- What’s covered and what’s not
- Thimble
- Keep credit accounts open
- Use points toward online purchases elsewhere
- How to get a liquor license in Arkansas
- 10. Crowdfunding
- 7. Mobile apps and entertainment for children
- Dividends
- Coffee grotto
- Side-by-side comparison of SBA 504 and 7(a) loans
- BMO Platinum Rewards Credit Card
- W.K. Kellogg Foundation
- Consider the net value of the card’s welcome bonus
- Government bonds
- 11. Grocery store
- 6. Pick your investments
- Pros and Cons
- Make 10 years' worth of payments
- Who can avoid this fee:
- Swappa, Gazelle
- Showers
- 5. Select your retirement investments
- Filing status
- Amegy Bank Small Business Boost Program
- American Express travel insurance disclosures
- Cheapest car insurance after a DUI
- Additional resources:
- 6. Account takeover
- Two-day ticket deals
- Security
- 8. Use a do-over
- 1. Avoid filing your tax return on paper
- Coinbase Wallet: 4.4 out of 5 stars
- Ages 45-54
- 3. Look for equipment rebates and tax credits
- Public non-traded REITs
- Appraisal fee
- Choose whole life if you:
- 5. Offer memberships
- 6. Use your debit card to get cash back at a store
- Fleet expense management tools
- Space out credit applications
- Redeem for gift cards
- 2. Through credit card spending
- Communicate with the front desk via mobile chat
- 11. Business credit cards
- 3. Predict the option strike price
- United credit cards with free baggage
- ASPCA: Best pet insurance for younger pets
- You enjoy the red carpet treatment
- Switch to LED lighting
- 4. Put your stock research into context
- Airline partner earning rates
- Business credit cards
- Schedule 3: Additional credits and payments
- Carnegie Corporation
- Set a price alert
- The following Southwest credit cards offer EarlyBird Check-In perks:
- Secured credit cards
- Perks await when you fly economy with elite status
- 6. Capital One Rewards
- Tax credits for low-to-middle-income households
- 1. Automate transfers
- Grow Credit Mastercard
- Dave
- Limit orders
- How to get a liquor license in California
- Earned income
- 8. Get a preapproval letter
- 8. Shared accessories and attire
- Stock splits
- 6. Keep your perspective
- 3. Traditional, in-person financial advisors
- Showers
- Down payment assistance programs
- How are my belongings covered?
- 2. Get direct deposit
- Discount points
- Potentially out-of-date award availability
- Dividend per share (DPS)
- Monitor your credit reports
- Step 7: Obtain financing
- Donate to charity
- 3. Sell your castoffs
- Dayton Community Development Corporation grant programs
- Submit mobile requests if you’ve forgotten something during your stay
- Install dimmer switches
- 6. Sell your wares on Etsy
- 7. Criminal identity theft
- How quickly could the IRS implement the child tax credit expansion?
- Customer support
- 12. Drugstore
- Rebook if you find a cheaper price
- Ages 55-64
- How to have more taxes taken out of your paycheck
- How to get a liquor license in Colorado
- Expenses
- Shopping
- Inheritance and gifts
- Example money market account APYs at select institutions
- 3. Stay on top of things
- IHG Rewards Club
- Home equity loan
- Private REITs
- Appendix: How the math works in our examples
- How to sell a car to CarGurus CarOffer
- Best insurance company for accident forgiveness: Geico
- Our pick for: Cell phone and internet bill payments
- Dividend yield
- 7. Use a travel credit card instead
- 3. Funds that track specific sectors
- Gather all the information you need to move forward
- Citi Prestige® Card
- If your mortgage is a USDA loan
- Use smart power strips
- Is there enough liability coverage?
- Other program partners
- 6. OfferUp
- Resident status rules
- Three-day ticket deals
- 6. High-yield savings accounts
- Ford Foundation
- Trust Wallet: 4.3 out of 5 stars
- Best insurance company for accident forgiveness: Geico
- Escrow account funds
- Apply for PSLF forgiveness
- 7. Citi ThankYou Points
- 2. Count your coins and bills
- Paying with a private-party auto loan
- How to book Santiago Resort with points
- Handle with care
- How to get a liquor license in Connecticut
- San Antonio Economic Development Department grant programs
- 4. Determine the option time frame
- Microloans
- User experience
- 13. Antique or thrift store
- 5. Enter a debt management plan
- Prepared to put down roots?
- How to have less taxes taken out of your paycheck
- M1
- Benefits
- 4. Earn badges through Live videos
- AM Best Financial Strength Rating: A (Excellent)
- 9. Choose a real estate agent carefully
- 1. Lower risk by building positions slowly
- Cheapest auto insurance for poor credit
- Tax-efficient strategies
- 4. One more thing to know about your tax refund
- Be flexible with destination, airport and dates
- AM Best Financial Strength Rating: A (Excellent) for most
- Spa
- Paying with a personal loan
- How to get a liquor license in Delaware
- 9. Shared home improvement equipment
- Real estate
- What are the deductibles?
- 7. Self-publish an e-book
- Vanguard 500 Index Fund (VFIAX)
- Reviews
- Coca‑Cola Foundation
- Corporate bonds
- 14. Fitness studio or gym
- YOTEL
- Allianz Global Assistance
- Home equity line of credit
- Flood determination and monitoring fees
- Tax credits for investing in retirement
- CoverWallet
- 3. Prep for grocery shopping
- Drawbacks
- 3. Find your vending machine
- Lubbock Economic Development Alliance grants
- J.D. Power Ranking
- Personal loans
- Gap Good Rewards Mastercard® Credit Card
- MetaMask: 4.0 out of 5 stars
- SAVE benefits available by October 2023
- 1. Live in the house for at least two years
- Our pick for: Drugstores
- 8. Bank of America® rewards
- Dividend payout ratio
- Our pick for: Sam’s Club memberships
- How to use a W-4 to owe nothing on a tax return
- Chime Secured Credit Builder Visa® Credit Card
- Paying by cash or check
- Dollar-cost averaging
- Evaluate the price of the business
- How do you get a perfect credit score?
- How to get a liquor license in Florida
- 10. Narrow down your ideal type of house and neighborhood
- 2. Ignore 'hot tips'
- AKC: Best pet insurance for pets with pre-existing conditions
- Vanguard Total Stock Market Index Fund (VTSAX)
- 7. CDs
- Bonzah
- Government recording fees
- Quiet room
- Stash
- 4. Fixed-income and dividend-yielding investments
- Amex EveryDay® Credit Card
- Winner for the best loyalty program: United
- Silver benefits on partner flights
- 7. Poshmark
- Part-year resident status rules
- 15. Tutoring business
- Avis and Budget Rent-a-Car
- SAVE benefit starting in February 2024
- 2. See whether you qualify for an exception
- How's your job security?
- J.D. Power Ranking
- How to get a liquor license in Georgia
- 5. Build a community
- The Alamo Small Business Grant Program
- Vanguard Total Bond Market Index Fund (VBTLX)
- 1. Freeze your credit
- Home Depot Foundation Veteran Housing Grants Program
- Rental Cover
- Pros
- Cash-out refinance
- Loan-origination charges
- Citi Double Cash® Card
- Capital One Venture X Rewards Credit Card
- 10. Vacation rentals
- An example of buying a call
- 8. Get advertising revenue from your blog or YouTube channel
- Property-based passive income ideas
- 16. Ice cream shop
- SAVE benefits available by July 2024
- 3. Keep the receipts for your home improvements
- CarGurus CarOffer details and FAQs
- Tax credits for education
- Service
- If your mortgage is a VA loan
- 3. Keep good records for the IRS
- Vanguard Balanced Index Fund (VBIAX)
- 2. Safeguard your Social Security number
- Electrum: 2.5 out of 5 stars
- Sure
- Cons
- Mortgage insurance or fees for government-backed loans
- Best insurance company for having few customer complaints: American Family
- NCQA Score Range: 2.5 to 4.0 out of 5
- 4. Minimize restaurant spending
- Acorns
- How to get a liquor license in Hawaii
- AM Best
- Gold, Navigator benefits on partner flights
- Nonresident status rules
- Business loans
- 17. Dry cleaner
- Best insurance company for having few customer complaints: American Family
- Compare car insurance rates for drivers with a DUI
- Are you financially prepared?
- Self-funding
- Gifting large sums of money to family
- Aeroplan® Credit Card
- Close the deal
- Step 8: Source your deal
- Cryptocurrency pros
- 1. Decide what type of investor you are.
- 11. Electronics repair
- An example of buying a put
- Vanguard Growth Index Fund (VIGAX)
- 3. Be alert to phishing and spoofing
- 8. Buy a rental property
- Her Village Grants
- Personal loan
- 2020-2022 earned income credit amounts
- American Express® Green Card
- 4. Explore your financing options
- How to get a liquor license in Idaho
- 11. Stick to your budget
- Lean FIRE
- 18. Bookstore
- Pest inspection
- 5. Optimize your stock portfolio
- America’s Seed Fund
- Cheapest car insurance for young drivers
- Vanguard Small Cap Index Fund (VSMAX)
- 4. Use strong passwords and add an authentication step
- Business lines of credit
- Silicon Valley Community Foundation
- Paying for vacations, cars or other stuff
- 1. Figure out what policies you need
- 5. Get discounts on entertainment
- Albert
- Citi Rewards+® Card
- Cryptocurrency cons
- 9. Become an Instagram influencer
- 9. Rent out your own house
- 19. Bed and breakfast
- Prepaid expenses
- Financial assistance
- Our pick for: Maximized value
- Varo Believe Secured Credit Card
- How to get a liquor license in Illinois
- Average of sample monthly rates for dogs
- J.D. Power
- Fat FIRE
- Vanguard Total International Stock Index Fund (VTIAX)
- 5. Use alerts
- Bill & Melinda Gates Foundation
- MyLowe’s Rewards Credit Card
- Our pick for: Walgreens
- Giving a laid-back loan
- 1. Has the W-4 form changed?
- 6. Know when to sell stocks — and when not to
- Amber Grants
- Capital One Venture Rewards Credit Card
- 20. Floral shop
- Tax credits for green purchases
- Our pick for: Costco memberships
- 6. Map out major purchases
- How to get a liquor license in Indiana
- 12. Make the most of walk-throughs and open houses
- 12. Academics courses
- Average of sample monthly rates for cats
- Barista FIRE
- 6. Watch your mailbox
- 10. Get a roommate
- Robert Wood Johnson Foundation
- Tax monitoring and research fees
- Setting up joint bank accounts
- 2. Get a quote
- American Express® Gold Card
- NCQA
- 21. Gardening and landscaping
- 2. What does it mean to be exempt from taxes?
- Monzo
- How to get a liquor license in Iowa
- NASE Growth Grant
- 2. Choose how much you want to invest.
- How much are car insurance quotes?
- 10. Monetize your Twitch channel
- 7. Shred, shred, shred
- Alternative investment passive income ideas
- Clif Family Foundation
- Ledger: 5.0 out of 5 stars
- Title-related costs
- Best insurance company for financial strength: Auto-Owners
- Transfer partners
- Citi Custom Cash® Card
- Fully underwritten life insurance
- Cheapest auto insurance for senior drivers
- NYC tax rate schedule
- Best insurance company for financial strength: Auto-Owners
- 7. Restrict online shopping
- How to get a liquor license in Kansas
- 13. Language courses
- Step 4: Look for funding options
- 8. Use a digital wallet
- 22. Nail salon and spa
- 3. Compare your options
- 3. Gather your paperwork.
- 13. Don’t skip the home inspections
- 5. Stock your vending machine with inventory
- How to get a liquor license in Kentucky
- Understand your eligibility
- Pros
- 9. Protect your mobile devices
- 11. Peer-to-peer lending
- 23. Photography
- Trezor: 4 out of 5 stars
- 3. When should I review my W-4?
- Greenlight
- The Platinum Card® from American Express
- Citi Rewards+℠ Student Card
- Simplified issue life insurance
- 8. Delay purchases with the 30-day rule
- How to get a liquor license in Louisiana
- American Express® Gold Card
- Which factors determine car insurance quotes?
- 11. Sell your photography
- Pros
- 10. Check your credit reports regularly
- Amazon Web Services (AWS) Imagine Grant
- 24. Clothing boutique
- Compare auto insurance rates for drivers with poor credit
- 4. Buy your policy
- Note application deadlines and awards dates
- 4. Pick your investments.
- 14. Negotiate with the seller
- 14. Business or marketing courses
- Real estate agent commissions
- 4. Can I adjust my W-4 multiple times throughout the year?
- How to get a liquor license in Maine
- Cons
- Guaranteed issue life insurance
- 11. Monitor financial and medical statements
- 12. Private equity
- TJX Rewards® Platinum Mastercard®
- 25. Daycare
- SafePal: 3.8 out of 5 stars
- Co-branded credit cards
- 9. Get creative with gifts
- 6. Make the right investments
- Property and transfer taxes
- Our pick for: Prime gaming
- Step
- How to get a liquor license in Maryland
- Citi Premier® Card
- Consider financing alternatives
- Cons
- 26. Brewery or winery
- Best insurance company for discounts: Amica
- American Express® Business Gold Card
- 15. Buy adequate home insurance
- 15. Personal wellness
- Best insurance company for discounts: Amica
- Title insurance
- How to get a liquor license in Massachusetts
- 27. Hardware store
- Methodology
- 10. Lower your car costs
- Capital One Savor Cash Rewards Credit Card*
- 13. Crypto staking
- Apple Cash: digital card
- Step 5: Invest in product and tools
- 12. Become a dog walker with Rover or Wag
- 28. Catering company
- Majority
- How to get a liquor license in Michigan
- Citi Prestige® Card
- Your house
- 1. Lost wallet
- Zendesk Tech for Good Impact Awards
- 11. Reduce your gas usage
- 16. Courses in hobbies or interests
- 29. Real estate agency
- Deferred interest offers
- How to get a liquor license in Minnesota
- Winner for the best airline credit card: United
- Your location
- Cash App debit card
- The Business Platinum Card® from American Express
- What’s covered — and what’s not
- 2. Mailbox theft
- 30. Event venue and planner
- Comun
- How to get a liquor license in Mississippi
- You and your stuff
- 13. Sell unused gift cards
- Product creation passive income ideas
- State Farm Good Neighbor Citizenship Company Grants
- 1. Look at customer satisfaction scores
- Costco Anywhere Visa® Card by Citi
- 12. Bundle cable and internet
- AT&T Points Plus Card
- Citi® / AAdvantage® Executive World Elite Mastercard®
- 17. Bookkeeping and accounting
- Individual stocks
- 31. Tattoo and piercing shop
- How to get a liquor license in Missouri
- 3. Using public Wi-Fi
- 2. Consider financial strength
- Roth IRA withdrawal rules
- 14. Write content
- 32. Veterinary office
- Best insurance company for customer satisfaction: State Farm
- 13. Switch your cell phone plan
- How to get a liquor license in Montana
- Google Ad Grants
- 3. Evaluate the policy options
- Best insurance company for customer satisfaction: State Farm
- Our pick for: Target gaming purchases
- Bunq
- Pros
- Roth IRA withdrawal penalty
- 18. Consulting
- Reimbursement
- 14. List your spare bedroom on Airbnb
- 4. Data breaches
- 33. Food truck
- Compare insurance rates for drivers with an accident
- How to get a liquor license in Nebraska
- Dividend stocks
- Cons
- 4. Get prices from a handful of companies
- 34. Health clinic
- 14. Reduce your electric bill
- How to get a liquor license in Nevada
- Delta SkyMiles® Platinum Business American Express Card
- 5. SIM card swap
- Totem
- The Unless Project
- 35. Bakery
- How to get a liquor license in New Hampshire
- 15. Publish a digital course
- 15. Lower your student loan payments
- 19. IT support
- 6. Phishing or spoofing
- Verizon Visa® Card
- How to get a liquor license in New Jersey
- Step 6: Hire staff
- Best insurance company for military members: USAA
- 15. Sell your gently used clothes
- Car-related passive income ideas
- Best insurance company for military members: USAA
- 16. Cancel unnecessary subscriptions
- How to get a liquor license in New Mexico
- 7. Skimming
- Meet a local demand
- What is a prepaid debit card?
- United Club℠ Infinite Card
- 20. Graphic design
- Waiting periods
- Step 7: Set your pricing
- The Audacious Project
- How to get a liquor license in New York
- 16. Wrap your car with ads
- 17. Refinance your mortgage
- Reviews
- 8. Phone scams
- What is a prepaid credit card?
- Standard (nonbank) neobanks
- How to get a liquor license in North Carolina
- Scout locations
- Our pick for: Walmart gaming purchases
- 16. Trade in old phones, electronics for cash
- 17. Rent out a parking space
- Wells Fargo nonprofit grants
- Where can you get a prepaid card?
- 18. Set savings goals
- How to get a liquor license in North Dakota
- 21. Social media management
- 9. Looking over your shoulder
- Calculate the costs of starting a business
- How do you add money to a prepaid card?
- Neobanks that are online banks
- How to get a liquor license in Ohio
- NBCUniversal Local Impact Grants
- Marriott Bonvoy Brilliant® American Express® Card
- 10. Malware
- Chase Freedom Flex℠
- Which prepaid card is best?
- How to get a liquor license in Oklahoma
- Step 8: Create an online presence
- 17. Get a babysitting gig
- Kubota Hometown Proud Grant Program
- 19. Track spending
- 22. Marketing copywriter
- Digital wallets with banking services
- How to get a liquor license in Oregon
- Big Sea Wavemakers Grant
- 1. Gather your information
- 20. Pay off high-interest debt
- How to get a liquor license in Pennsylvania
- 23. Virtual assistant services
- 18. Rent out your car
- Our pick for: PlayStation purchases
- Fintech firms with cash management accounts
- How to get a liquor license in Rhode Island
- 21. Keep savings in a high-yield savings account
- Prime Visa
- How to get a liquor license in South Carolina
- 1. Review your mission
- Step 9: Serve up delicious foods
- 2. Choose the right liability car insurance coverage levels
- 22. Create a 50/30/20 budget
- How to get a liquor license in South Dakota
- 2. Refine your search with keywords
- Discover it® Cash Back
- 1. Do your research
- 19. Sign up for TaskRabbit
- How to get a liquor license in Tennessee
- 2. Get organized and make it official
- Verizon Visa® Card
- 3. Narrow down based on location
- 23. Shop consignment and thrift stores
- How to get a liquor license in Texas
- 20. Become a private tutor
- How to get a liquor license in Utah
- 3. Find the right financing
- 4. Look for organizations with similar values
- How to get a liquor license in Vermont
- 5. Consider hiring a grant writer
- 3. Decide if you need full coverage car insurance
- Our pick for: Best Buy purchases
- 24. Join initiatives to get free items
- How to get a liquor license in Virginia
- 21. Drive for Uber, Lyft
- How to get a liquor license in Washington
- Trip cancellation
- 25. Use car sharing services
- How to get a liquor license in West Virginia
- Trip interruption
- 22. Make deliveries for Amazon, Uber Eats
- How to get a liquor license in Wisconsin
- 26. Stock up on household supplies when they’re cheap
- How to get a liquor license in Wyoming
- Trip delay
- 4. Collect and compare car insurance quotes
- 23. Find work as a housesitter
- Cancel For Any Reason
- 27. Enjoy community events
- Our pick for: Digital Microsoft Store purchases
- Baggage delay
- 24. Sign up to be a mystery shopper
- 28. Cash in on your birthday
- Lost baggage
- Travel medical insurance
- 25. Put your drone to work
- Compare car insurance companies
- Conditions common to your dog’s breed
- Your dog’s energy and activities
- Wellness expenses
- Decide whether your cat needs insurance
- Wellness expenses
- 1. Check whether your pet is eligible
- 2. Research what’s covered
- 3. Decide how much coverage you want
- 4. Understand reimbursements and deductibles
- 5. Check waiting periods
- 6. Examine extra costs
- 7. Compare quotes
Here’s what to expect when it comes to getting paid on Instagram, plus tips for success.
How much do Instagram influencers make?
It ranges from a lot to a little, and everything in between. The top three Instagram influencers as of November 2023 have either north of or close to half a billion followers each. They include Cristiano Ronaldo, Selena Gomez and Kylie Jenner, according to Influencer Marketing Hub.
While the money these Instagram superstars can make is astronomical, there are opportunities for noncelebs to earn a little something, too.
How many Instagram followers do you need to make money?
Microinfluencers — those who have between 1,000 and 10,000 followers — earned $1,420 per month on average, according to a 2021 survey of 1,865 Instagram influencers by influencer marketing tech company HypeAuditor. Mega influencers with over 1 million followers pulled in an average of $15,356 per month .
Your success will vary, of course, but the data show there’s potential to earn, especially if you can find brands that are interested in working with you. This is where "influence" in the true sense of the word comes into play.
How to monetize your Instagram with fewer followers
Neil Patel, a widely known digital marketing specialist, says the key to making money on Instagram with just 1,000 followers is engagement: followers who like, share and comment on your posts.
"Even if you only have 1,000 followers and they’re actively engaging with your posts, the potential to make money is there," he writes on his blog.
With an enthusiastic fan base, no matter how small, "brands want to invest in you because of the profitable actions you can drive through your account," Patel adds.
5 ways to make money on Instagram
1. Get sponsored
Creating sponsored posts or stories is the primary way Instagram users can cash in on their account. For example, if your feed is focused on images of your dog on hikes, an outdoor gear company may want to pay you to post a photo that includes its product in the picture.
How to get sponsored on Instagram
So how do you find a sponsor? In some cases, potential partners will reach out to you. But if you don’t want to wait to be approached, check out companies that can help you find and work with brands.
Seek out a service
Which business you use depends on your needs. There are agencies you work with directly, such as Assistagram, and marketplaces that connect you with partners, like Influicity. Other services can help you manage all your partner relationships, like Aspire.
Be authentic
When searching for partners or deciding between different offers, aim for stuff you and those you influence would actually use. Followers of your pooch are more likely to trust your opinion about a trail backpack for dogs than gourmet cat food. Don’t bother with products you don’t like. If your dog would tear apart an “indestructible” toy in an instant or bites off every sweater you’ve put on her, there’s no reason to recommend these things to others.
Find brands that fit as specific a niche as possible. Fans of your outdoorsy dog may look for many opinions on dog stuff in general, but they will really trust you to know which protective booties work best for the winter.
» MORE: How to make money on YouTube
Note that sponsored posts and stories on Instagram are held to the same standard of truth in advertising as any other form of marketing. Make sure to include a disclosure in each paid post and story. You’ll do this by setting up branded content in your account settings then tagging your business partner.
2. Promote your business
There are other ways to use Instagram to make money. You can use the social media service to promote and grow your side hustle. For example, if you have an Etsy shop where you sell your crafts or a food blog that generates advertising revenue, a professional-looking Instagram account could provide a promotional boost. (This is also a common way to make money on TikTok.)
Set up a business account to take advantage of free tools and insights.
You can link to your Etsy or website in your profile, or a specific product page in your bio section, to direct more people to it. Switch up the featured link in your bio as needed. If your account is approved for Instagram Shopping features, you can tag products to promote your stuff directly in photos and videos.
Set yourself up for success
Take well-lit photos of products you’re trying to sell or projects you’re promoting and make them findable. Create your own hashtag and check out which ones competitors are using. Encourage your clients to post pictures with your stuff and tag you in them.
You can also use Instagram’s insights feature to learn about your audience. You can see how many eyes are on your post, as well as demographic information on those who’ve engaged.
The app’s resources also help you find and connect with new customers. You can pay some money to promote posts that you want more people to see. You can also add a button to your profile that links to an email address or phone number so interested parties can contact you easily.
3. Sell your castoffs
Maybe you don’t have a business to promote, but you often sell your old clothes and accessories on websites like Poshmark. Instagram can boost your pool of buyers.
Present and photograph your clothes and other things in an appealing way and include as much detail as possible in the caption. Brand, size, condition and age of each item are all good things to note. If you’re looking to sell one item in particular, link to it in your Instagram bio. If not, just link to your Poshmark or other seller profile.
Many Instagram sellers use #shopmycloset to hawk their wares.
4. Earn badges through Live videos
You can earn money directly from your audience when you share real-time videos with Instagram’s Live feature. As you showcase your talents, products and so on, viewers can buy badges, which are essentially tips, to show support. Badges cost $0.99, $1.99 or $4.99. You’ll see heart symbols next to comments from people who’ve purchased them.
Promote your upcoming Live video sessions through posts or stories to get the word out beforehand. Then, try using the Q&A feature or give shoutouts to commenters while you’re broadcasting to boost engagement — and hopefully, badges.
While a flurry of profitable heart emojis sounds pretty great, you’ll need 10,000 followers to be eligible for badges.
5. Build a community
Forging deeper connections with your audience can lead to potential payout opportunities. With Instagram subscriptions, followers pay a monthly fee in exchange for exclusive content.
Like badge eligibility, you’ll need at least 10,000 followers to get started with subscriptions. Once you’re in, you can manage your community and offer incentive deals to keep your audience coming back, such as a promo for new subscribers or a free month to someone who is considering unsubscribing.