How to Make Money on Instagram: 5 Proven Ways for 2024
Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.
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
- Compare Medigap plans
- Still deciding on the right carrier? Compare Medicare Part D Plans
- LOOKING TO SAVE ON INTEREST?
- More NerdWallet resources for non-citizens
- Key takeaways
- Conventional mortgage
- VA loans
- FHA loans
- USDA loans
- Still deciding on the right carrier? Compare Medicare Advantage plans
- Less income
- Thin or 'invisible' credit files
- Poor 'mix of credit'
- Co-signing pitfalls
- How to maximize your rewards
- Still deciding on the right carrier? Compare Medicare Advantage plans
- Environmental
- 1. Babysitting or nannying
- 1. Your bank or credit union
- Summary of no-credit-check lenders
- What is 100% credit utilization?
- 1. Choose how to apply
- 1. Delay your application
- No-fee way to earn American Airlines AAdvantage miles
- Why the car owner buys the insurance
- California speeding ticket fees
- 1. Earn with ads as a YouTube Partner Program member
- How does Rover work?
- Check renters or homeowners insurance
- 1. You have a solid team in place.
- Social
- 1. Home-based or easily accessible
- Score perks at more hotels
- If your employer offers health insurance
- HIGHLIGHTS
- Pay more than minimums
- Domestic travel with an adult
- Alliant Credit Union: Best credit union
- 1. Startup and organizational costs
- Term life insurance
- How does my credit score impact personal loan offers?
- 2. Your employer or 401(k) provider
- 1. Create educational content or activities
- Other factors to consider
- Coinsurance
- 1. A generous sign-up bonus
- Quick facts and who qualifies for a solo 401(k)
- What this section tells you
- Concierge services
- 1. Buy REITs (real estate investment trusts)
- 1. Pick up freelance work online
- Online
- 1. Ibotta
- 1. Figure out if you are eligible
- Our pick for: Consistent cash back
- Step 1: Assess your spending
- General partners vs. limited partners
- Other factors to consider
- Mortgages
- 1. Your credit score and financial situation
- Two important notes
- Enter your information
- Governance
- OppLoans: No-credit-check, high-interest installment loans
- 2. Flexible hours
- Personal Southwest credit cards
- If your employer doesn’t offer health insurance
- ELIGIBILITY
- 1. Open an investment account
- 2. Dog walking
- AtoB
- 2. Gather your identification
- 1. Check your EIN confirmation notice
- The 6 standard types of home insurance coverage
- 1. Roll your debts onto a balance transfer credit card
- Ally Bank: Best bank and best CDs
- Understand the budgeting process
- How do I see my credit score for free?
- Donor-advised fund tax deduction
- California car insurance rates after a speeding ticket
- 3. Your online broker
- Eligible for an employer-run account?
- NVIDIA Corp (NVDA)
- Preapproval helps you set a realistic budget
- 2. You have a strong support system.
- 2. Offer virtual team-building
- Copay
- What is a good FICO score?
- 1. Decide how much coverage you need
- Simple rewards
- How they differ
- 1. Keep your charges on each card to a minimum
- 1. You turn to Walmart for most household items
- 1. 401(k) rollover to an IRA
- Higher supply
- What’s the difference between a gift card and a prepaid debit card?
- What to know about cash advance apps
- Who needs life insurance?
- Make an appointment
- Debt snowball
- 1. IRS Direct Pay
- Axos Basic Business Checking
- 2. Inventory
- Monthly after-tax income
- How to handle common scenarios
- Home energy audits
- Child tax credit 2023 (taxes filed in 2024)
- House fire
- Renewing existing flood insurance
- What are the requirements for Rover?
- Drone insurance under your policy
- 3. Low financial investment
- Southwest business credit cards
- 2. Bonus earnings on travel, dining, select streaming services and online grocery purchases
- Latino: $32.99 per month
- What if the flight they rebooked me on doesn't work for my travel plans?
- 3. Provide contact details
- A bonus offer comes standard
- 2. Work longer
- Charles Schwab: Best for ATM access
- Minimum down payments and credit scores
- Welcome offer also includes a $50 statement credit
- Whole life insurance
- Looking to set up an individual account?
- Start by submitting the FAFSA
- Liability protections
- 2. The annual fee
- Step 1: Enter your personal information
- If any of these situations apply to you
- 3. Start a meal-prep business
- Deductible
- 1. Do chores and odd jobs around the house or neighborhood
- Save through member-only rates
- 3. Pet sitting or housesitting
- Pillow menu
- 2. Check other places your EIN could be recorded
- Dwelling coverage
- Debt avalanche
- Our pick for: Rich travel rewards
- Cheap auto insurance from large companies
- The value of Hilton points over time
- LendingClub Tailored Business Checking
- 50% of your income: needs
- Mortgages and home equity loans
- Residential energy property
- Step 2: Determine how much to pay yourself
- Abrupt roof collapse due to hidden termite damage
- 4. Pro-bono financial planning services
- Securities-based line of credit example
- SoundHound AI Inc. (SOUN)
- Pricing guides
- 3. You’re in good financial shape.
- Other factors to consider
- First Place
- What this section tells you
- Pro: $79.99 per month
- 2. You’ve embraced technology
- 1. Cast a wide net
- 4. Select a single or joint account
- By phone
- Tuesday and Friday flights can help you avoid the rush earlier in the week
- Grants.gov
- Chase: Best for sign-up bonuses and best for branch access
- 2. Decide what type of investor you are
- Amica: Best homeowners insurance for customer satisfaction
- 1. Know what you own — and why
- Key takeaways
- Child tax credit 2024 (taxes filed in 2025)
- Lower capital gains taxes
- Remapping
- Picking up your rental car
- Find a car loan
- Opendoor locations
- 4. Create a food waste solution
- Premium
- Break down your results
- What is a good VantageScore?
- 2. Babysit, walk dogs and feed pets for pay
- Alliant: Best for fast funding
- Comparing health insurance plans: HMO vs. PPO vs. EPO vs. POS
- 2. Pick stock funds instead of individual stocks
- Coast
- Luxury experiences
- 2. Use an online real estate investing platform
- Automate
- Domestic travel as an unaccompanied minor
- Chase Business Complete Banking
- 2X miles on American Airlines travel purchases
- Energy-efficient doors, windows, and insulation
- Step 3: Identify your savings goals
- Business structure
- 5. Financial advisor consultations
- Self-employed or a small-business owner?
- Borrow subsidized loans before unsubsidized
- A two-fund portfolio
- How much does Rover pay?
- Upstart Holdings Inc. (UPST)
- 3. Whether you qualify for the welcome bonus
- Step 2: Account for multiple jobs
- United Club Lounge
- Reader tip
- Elite: $89.99 per month
- 2. Ask for higher credit limits
- 2. Roll your old 401(k) over to a new employer
- Lower demand
- 5. Accept the terms and conditions
- 2. Rakuten
- 3. Earn more
- Discover® Bank: Best online banking experience
- Will pre-qualifying affect my credit score?
- Changes and cancellations
- Reduced estate tax
- Other factors to consider
- If you qualify for a hardship withdrawal
- 5. Capitalize on plant-based foods
- Sign-up bonus
- 4. Driving for Lyft or Uber
- 5-star plans
- 2. Test websites and apps
- By email
- 1. Calculate the car payment you can afford
- Wednesdays and Saturdays are the cheapest day to fly internationally
- National Endowment for the Arts
- 2. Apply for a credit card consolidation loan
- Debt-to-income ratios
- 3. Utilities
- Welcome offer
- 30% of your income: wants
- Credit card debt
- Business stage
- Formation
- How much does a surgical abortion cost?
- LLLP vs. LP
- Car loan preapproval can save you money at the dealership
- Pre-qualifying for a personal loan
- 4. You have a business plan.
- Out-of-pocket maximum
- EveryDollar
- 1. Academic tutor
- 3. Sell your stuff in person or online
- Look for a summary of benefits
- How it works
- 3. 10% point bonus each year
- Premier: $99.99 per month
- Medical expense deduction
- 6. Submit your application
- 3. Call the IRS to locate your EIN
- Other structures coverage
- Cheap car insurance from midsize companies
- Intro APR offer
- SoFi: Best for checking account overall and best checking account for overdraft fee avoidance
- Bank of America Business Advantage Fundamentals
- What do I need to pre-qualify for a personal loan?
- A legacy of giving
- Post-wildfire
- For recently issued passports
- How to get paid on Rover
- 4. Whether you can afford the minimum spend requirements for the bonus miles offer
- Opendoor FTC settlement
- 6. Start a dropshipping business
- Possible Finance: No-credit-check, high-interest installment loans
- Earn hotel points on every stay
- First Tech: Best for co-sign and joint loan options
- 2. Choose your insurance deductible
- What this section tells you
- How base prices can fool you
- See if refinancing can lower your monthly payment
- WEX
- 3. Think about investing in rental properties
- 3. You seek flexibility when redeeming rewards
- 3. Keep your 401(k) with a former employer
- Use a third-party expeditor
- Getting the best HELOC rate
- 2X miles on groceries
- 4. Insurance
- Annual fee
- 1. Atlanta-Sandy Springs-Marietta, Georgia, metro area
- Cities with the top five highest annual rent increases:
- Personal finances
- LLLP vs. LLP
- Under 35
- More complex — and simpler — options
- Online retailers
- What renters or home insurance doesn’t cover
- Step 3: Claim dependents, including children
- Potential for high returns
- 2. Car washing
- Weigh your family’s medical needs
- 1. Get sponsored
- 4.5-star plans
- Revolving credit
- 7. Fund your new account
- How could the money disappear?
- Data missing below?
- Permanent life insurance has tax benefits
- 0% balance transfer credit card
- You might save time
- UFB Direct: Best savings account
- 3. Choose how much you want to invest
- 20% of your income: savings and debt
- Car loan
- 2. Trust in diversification
- Does basic economy get a carry-on on United?
- Step 4: Adjust as needed
- Anonymity
- Operations and management
- Only certain types of transfers are allowed
- 5. You have business knowledge and industry experience.
- Credit Karma
- Injuries you cause
- 4. Sell lemonade in the summer or hot cocoa in the winter
- Intro APR and balance transfer period
- Next Home
- Where to get it
- 4. A 25% boost when redeeming for travel via Chase
- Commissions
- Property tax deduction
- 1. Multiply your income by 10
- Fly on the holidays (or as far from it as possible)
- Economic Development Administration
- 4. Consider your spouse
- Average term life insurance rates for nonsmokers
- Best insurance company overall: Travelers
- 2. Montgomery, Alabama, metro area
- Consolidate your loans if necessary
- 1. Online advice services
- Where to get a private student loan
- How much does an abortion pill cost?
- Step 4: Refine your withholdings
- Adding a co-signer to your application
- 7. Curate subscription boxes
- 3. Child care
- 3. Evaluate other factors
- Consider whether you want a referral system of care
- 3. Stay invested with the "buy and hold" strategy
- 5. Delivering food, groceries or other items
- 3. Set up balance alerts to stay on top of spending
- Installment credit
- 4. You want no annual fee
- 4. Cash out your 401(k)
- Whole life insurance offers guaranteed returns
- Personal loans
- Our pick for: Intro APR + high rewards on everyday spending
- 3. Learn to use AI tools
- 2. Electronic funds withdrawal (EFW)
- Vio Bank: Best money market account
- Mortgage insurance
- 25% savings on in-flight food and beverage purchases
- Best insurance company overall: Travelers
- Is rental car coverage primary or secondary?
- Travel bonus reward rates
- Student loans
- Cities with the top five annual rent price declines or smallest increases:
- Types of termites
- 2. Take a cut with affiliate marketing
- If your employer offers a 401(k) match
- 5. Your purchase plans
- If you opt for Kyte’s self-pickup service, you can save
- Injuries on your property
- PenFed: Best for a seamless application process
- Delta Sky Club
- Bring a bigger down payment to the table
- Airport lounge access
- 5. A $50 hotel credit
- 2. Verify their credentials
- Equity vs. debt
- Personal property coverage
- You’ll pay only for the days you need a car
- 3. Swagbucks
- International travel with an adult
- 1. Making money
- Allow up to 50% of your income for needs
- Check your plan's rules for 401(k) loans
- How long will it take to pre-qualify?
- 3. Memphis, Tennessee, metro area
- Pros
- Advantages of an LLLP
- For passports issued more than a year ago
- Shopping tips
- Is renters or home insurance enough?
- There is a pro-rata rule for backdoor Roths
- Step 5: Sign and date your W-4
- If you are converting your 401(k) to an IRA
- 6. There is a proven market need for your product or service.
- Goodbudget
- 4. Pet sitting or dog walker
- 5. Teach others a skill
- Enjoy flexibility when booking hotel stays
- Reasons for unfreezing your credit
- Do tipped workers earn the minimum wage?
- What this section tells you
- Other fuel cards to consider
- Service credit
- Cash value policies can make it easier to get a loan
- If you’re traveling for an emergency
- 2. Buy 10 times your income, plus $100,000 per child for college expenses
- 2. Calculate the car loan amount you can afford
- Grant databases
- Where to get auto insurance quotes
- 4. Select a provider to open your Roth IRA
- 5. Business property rent
- How do I make sure coverage applies to my rental?
- Average term life insurance rates for smokers
- 3. Consider buying the dip
- Ages 35 to 44
- How does Wag work?
- Lower risk
- Injuries caused by your pet or child
- Personal loan calculator
- Bring documents showing financial stability
- 6. Shopping for groceries
- 6. Combine points from multiple cards
- Mortgage interest deduction
- 1. Stick to a list
- Can I register a prepaid debit card for someone else?
- 1. Cash dividends
- Cheap car insurance after a speeding ticket
- Simpler
- Calculate whether you can afford loan payments
- 4. Washington, D.C.-Arlington-Alexandria, Virginia, metro area
- Average car insurance costs after a speeding ticket in California
- Our pick for: No credit check at all
- Taxes
- How to get approved for a private student loan
- Selling your home to Opendoor
- 8. Create an airport-centric app
- 5. Lawn care business
- Understand the value of the annual points bonus
- Reader tip
- 4. Pay your bill before your issuer reports to the credit bureaus
- 1. You’re loyal to a different 'everything store'
- Dun & Bradstreet business credit scores
- Capital gains vs. fixed income
- There’s flexibility with repayments
- 3. Use the DIME formula
- 5. Investigate divorced spouse benefits
- Reach elite status faster with 1 Loyalty Point per 1 mile earned
- Andover Companies: Best homeowners insurance for coverage
- What coverage is included?
- Seller concessions
- Our pick for: Grocery spending, commuting and streaming service subscriptions
- 1. Compare DAF sponsoring organizations
- Disadvantages of an LLLP
- 6. Your award redemption plan
- 7. You’re persistent.
- EarnIn: No-credit-check cash advances
- Domestic exchange programs
- Navy Federal: Best for military members
- Tips for unfreezing your credit
- 1. Fill out a mortgage application
- Consider bringing your own financing
- Hotel elite status
- 2. Give yourself a pause
- High-yield account APYs compared to brick-and-mortar banks
- 2. Stock dividends
- You can maximize rideshare discounts on days you don’t need a full rental car
- 1. Find a dividend-paying stock
- 6. Auto expenses
- Average whole life insurance rates for nonsmokers
- 5. Durham, North Carolina, metro area
- Enroll in an IDR plan
- Cons
- Mixing personal and business finances
- Where else to find drone insurance
- 9. Become a destination wedding planner
- Damage caused by someone in your household
- Get a new member bonus
- What about an HDHP with a health savings account?
- 7. Selling clothes, books, electronics and more
- 7. Transfer points to airline and hotel partners
- Broker fees
- 4. Consider flipping investment properties
- 2. You prefer to shop in person
- Charitable contribution deduction
- How do I access a HELOC?
- Find preapproved auto loans
- 3. Tap your home equity for a loan or line of credit
- Leave 30% of your income for wants
- Friend and family loans
- What isn't covered?
- Restaurant rewards
- Learn what happens if you leave your job
- 2. Free or cheap financial apps
- 1. Find a dividend-paying stock
- 1. SoFi
- What types of homes does Opendoor purchase?
- Price
- 6. Housecleaning
- Enroll in an intensive summer language course
- 4. Consider extra coverage
- How it works
- 4. Check out dividend-paying stocks
- What this section tells you
- Should you invest in retail stocks in 2023?
- If you don’t have credit but are looking to build it
- 3. Take the convenience out of online shopping
- Can I get a refund for the card?
- 3. Dividend reinvestment programs (DRIPs)
- 4. Fiverr
- International travel as an unaccompanied minor
- Walmart Foundation
- 6. Savannah, Georgia, metro area
- 2. Contribute cash or other assets to the donor-advised fund
- Not budgeting for taxes
- Ages 45 to 54
- 3. Land a brand deal and make sponsored content
- What are the requirements for Wag?
- 8. You’re passionate about your idea.
- 10. Make local guides
- Damage on your property that affects other people’s homes
- 3. You want a higher rewards rate on specific spending ...
- 3. Make sure they’re a good fit
- Equifax business credit scores
- Whole life insurance is expensive
- Loss of use coverage
- 4. Replace your income, plus add a cushion
- 4. Take surveys for money
- How much does a HELOC cost?
- When 2% cash back isn’t quite 2%
- 6. Add your minor child
- Mortgage rates
- 7. Rent and depreciation on equipment and machinery
- What vehicle rentals are excluded?
- Consider alternatives
- Average whole life insurance rates for smokers
- 1099-A
- 7. What perks come with the card
- 7. Housesitting
- 6. Find local gigs through Nextdoor
- Predict your annual spend in bonus categories
- Free online tax filing software compared
- 8. Worldwide acceptance
- You don't want to risk sold-out cars
- 5. Monitor your total credit utilization
- If you have credit but want to strengthen your score
- 4. Reflect on why you shop
- 4. Special dividends
- 3. Set a target purchase price
- Cheap auto insurance after an accident
- 3. The Electronic Federal Tax Payment System (EFTPS)
- 2. Evaluate the stock
- Debt collectors
- 4. Think about getting a second opinion
- Best insurance company for affordability: NJM
- 7. Baton Rouge, Louisiana, metro area
- 3. Itemize on your taxes to get the tax break
- Never paying yourself or being inconsistent about it
- Where to get preapproved for a car loan
- 9. You’re comfortable taking calculated risks.
- How to buy a home with Opendoor
- Your money management style
- Wait until college
- Cruising further from the U.S.
- 5. Get a quote
- 2. Review your Loan Estimates
- Rental car elite status
- 8. Tutoring
- 2. Promote your business
- Is a prepaid debit card ever a good idea for a new graduate?
- Our pick for: Everyday spending
- 5. Gather your paperwork
- Best insurance company for affordability: NJM
- How long will the rental be covered?
- Redemption value
- 1099-B
- Ages 55 to 64
- Closed-loop cruises
- How much does Wag pay?
- 2. Evaluate the stock
- 11. Create a local grocery delivery service
- Pay bills on time
- 8. Errand-running
- 7. Freelance
- Why does the network matter?
- Where to get it
- 5. Explore new industries
- What this section tells you
- 4. ... Or you don't want to keep track of specific spending at all
- Why you might roll a 401(k) into an IRA
- 4. Review their fees
- 5. Preferred dividends
- Inverse performance
- Debt management plan
- Book one to three months in advance
- Bank of America Charitable Foundation
- Commit 20% of your income to savings and debt paydown
- 8. Office supplies
- Additional standard deduction 2023 (taxes due 2024)
- 8. Baltimore, Maryland, metro area
- 1. Understand the difference between active and passive funds
- Our pick for: Beginner-friendly features
- Legal protection
- Make Money
- Bonus features
- There's really no incentive to do so
- Certain repositioning cruises
- Escape Lounge
- Methodology
- 5. Replace emotional shopping with a free activity
- Experian business credit scores
- 7. Suspend your benefit
- 3. Decide how much stock you want to buy
- What if I don’t have personal auto insurance?
- What do I need for my loan application?
- You can use credit card benefits to travel in basic economy
- Apply for TRIP
- California car insurance rates after a speeding ticket by company: 35-year-old drivers
- 4. Sell some merch
- If your employer doesn’t offer a 401(k) match
- 12. Start a virtual event planning company
- In network
- Keep credit utilization below 30%
- Car accidents
- Afterpay: No-credit-check buy now, pay later loans
- 9. Seasonal chores
- Aim to earn the Companion Pass
- Do you have preferred doctors?
- 9. Working as a resident advisor
- 9. Coverage if your trip is canceled or delayed
- You might be able to reserve a car now — and rebook the same one later at a discount
- 5. Rent out a room
- 6. Dividend funds
- Honorable mention: Wellcare
- Cash value takes a long time to build
- Liability coverage
- Bankruptcy
- Cell phone insurance
- Loan limits
- Additional standard deduction 2024 (taxes due 2025)
- 5. Focus on the long term
- 9. Richmond, Virginia, metro area
- 1099-C
- Ages 65 to 74
- 3. Decide how much stock you want to buy
- What you need to get preapproved for a car loan
- 2. LendingClub
- Account linking
- Travel independently
- 8. Tutor your peers
- Statement credits
- 5. Make money from your blog with affiliate links
- 5. Upwork
- 4. Borrow from your 401(k)
- 2. Managing money
- 9. Office furniture
- Chubb: Best homeowners insurance for high-value homes
- How does coverage vary for international rentals?
- Choose term life if you:
- 4. Help your donation grow
- California car insurance rates after a speeding ticket by company: 20-year-old drivers
- 1. Get a grasp on your new budget
- Eureka
- Land or sea border crossings
- Out of network
- Keep credit accounts open
- Business liability
- 10. Selling handmade crafts
- You may end up collecting small, useless point balances
- Is a large network important?
- 10. Baggage delay insurance
- What this section tells you
- Overfunding a policy can be costly
- Debt settlement
- W.K. Kellogg Foundation
- 6. Pick your investments
- Payday alternative loans
- 10. Miami-Fort Lauderdale-Pompano Beach, Florida, metro area
- Book round-trip flights
- 1099-CAP
- 2. Decide where you want to have an impact
- Resident status rules
- Paperwork and compliance
- How to get paid on Wag
- Tips for drone operation
- 13. Sell zero-waste products
- Electric Vehicles
- 10. Selling course notes
- Why you might not want to roll a 401(k) to an IRA
- How to maximize your rewards
- Cheapest car insurance after a DUI
- 8. Use a do-over
- Travel credits
- Choose whole life if you:
- Appraisal fee
- 5. Offer memberships
- Kyte’s young-renter fee
- Space out credit applications
- Security
- Injuries to people within your household
- 11. Making greeting cards
- 9. Take surveys
- In case of medical emergencies
- Spend toward A-List status
- 3. Loan processing takes over
- 1. 'I’ll wait until the stock market is safe to invest.'
- 11. Rental car coverage
- Fleet expense management tools
- 5. Do a final check
- Taxes
- Infinite banking is complicated
- 1. Automate transfers
- Set a price alert
- Carnegie Corporation
- Property standards
- 10. Software subscription
- What is the procedure for filing a claim?
- Perks await when you fly economy with elite status
- Safeco vs. Liberty Mutual home insurance
- 1099-DIV
- InboxDollars Surveys
- 14. Make products for pets
- How it works
- Dividend per share (DPS)
- Medical payments coverage
- Discount points
- 6. Take advantage where you can
- Avoid traveling to certain countries
- 5. Pick charities to support
- Our pick for: Fixed monthly payments
- 2. Call your issuer
- Monitor your credit reports
- Intentional harm
- 12. Art teacher
- Reader tip
- 11. Working as a lifeguard or swim instructor
- 12. Travel assistance
- 3. Sell your castoffs
- 6. Sell your wares on Etsy
- Rebook if you find a cheaper price
- Transfer partners
- 4. Debit card
- How quickly could the IRS implement the child tax credit expansion?
- 3. Consider your existing investments
- Kyte insurance
- How to have more taxes taken out of your paycheck
- 15. Create custom clothing
- Stocks
- Customer support
- 10. Search for regular jobs for kids
- 4. The underwriter makes a decision based on your documentation
- Know your health insurance terms
- 2. 'I’ll buy back in next week when it’s lower.'
- Dividend yield
- Our pick for: Flat-rate travel rewards
- 11. Advertising and marketing
- Best insurance company for accident forgiveness: Geico
- Our pick for: Utilities, commuting and more
- Appendix: How the math works in our examples
- 1099-G
- Part-year resident status rules
- Google Opinion Rewards
- 3. Upgrade
- Prudence's policy:
- 13. Musician
- Tracking account numbers, passwords and expiration dates can be a hassle
- 13. Purchase protections
- 2. Count your coins and bills
- 6. OfferUp
- Ford Foundation
- 401(k) hardship withdrawals
- Best insurance company for accident forgiveness: Geico
- Escrow account funds
- Safeco vs. Travelers home insurance
- 3. Agree only to terms you can afford
- USAA vs. State Farm home insurance
- Priority Pass discount: Kafe Kalik
- 12. Participating in research studies
- 5. Enter a debt management plan
- Methodology
- 1099-INT
- How to have less taxes taken out of your paycheck
- Selling to Opendoor
- 16. Sell vintage clothing online
- Scenario: Doctor visits and an MRI
- Bonds
- User experience
- 14. Music lessons
- Diversification could make elite status harder to get
- Where to get it
- 3. 'I’m bored of this stock, so I’m selling.'
- 14. Customer service without the wait
- 4. Earn badges through Live videos
- Benefits
- The risks and rewards of each
- Be flexible with destination, airport and dates
- Cheapest auto insurance for poor credit
- 12. Business entertainment
- 4. Understand your ESG fund’s impact
- Swagbucks
- Higher premiums, more coverage
- 3. Prep for grocery shopping
- 7. Self-publish an e-book
- Where is the best place to exchange currency?
- Coca‑Cola Foundation
- Methodology
- Country Financial: Best homeowners insurance for using an agent
- Flood determination and monitoring fees
- Nonresident status rules
- Vanguard 500 Index Fund (VFIAX)
- 17. Begin niche blogging
- 1. Choose to DIY or get some help
- Reviews
- 15. Farmers market vendor
- 5. Your loan is cleared to close
- 13. Freelancing online
- Drawbacks
- Dividend payout ratio
- Refinancing
- 1099-K
- Our pick for: An upgrade path
- How to use a W-4 to owe nothing on a tax return
- Listing with Opendoor
- Mutual funds
- How do you get a perfect credit score?
- How do I find a currency exchange near me?
- 13. Travel expenses
- Airport lounge access
- Government recording fees
- Vanguard Total Stock Market Index Fund (VTSAX)
- 8. Whether Capital One miles expire
- USAA vs. Allstate home insurance
- 16. Candle maker
- Lower premiums, higher out-of-pocket
- 7. Poshmark
- Wells Fargo's reputation
- Wildfires
- 4. Universal Credit
- 18. Become an e-book writer
- Scenario: Trip to the ER
- Soft vs. hard credit inquiry
- 11. Monetize your social media accounts
- 14. Cleaning, yardwork and other odd jobs
- 5. Build a community
- Pros
- Where can you exchange currency for free?
- Home Depot Foundation Veteran Housing Grants Program
- Home equity loans and lines of credit
- Loan-origination charges
- Vanguard Total Bond Market Index Fund (VBTLX)
- Kyte vs. Turo and Getaround
- Exchange-traded funds
- 17. Retail arbitrage
- 8. Get advertising revenue from your blog or YouTube channel
- 5. Credit card
- 14. Interest
- 1099-LTC
- More from NerdWallet
- 12. Get paid to stream on Twitch
- 4. Minimize restaurant spending
- Expand your coverage with endorsements
- Our pick for: Customizable bonus categories
- Cons
- 3. Building a budget
- Hotel status
- Mortgage insurance or fees for government-backed loans
- Best insurance company for having few customer complaints: American Family
- Vanguard Balanced Index Fund (VBIAX)
- USAA vs. Geico home insurance
- 19. Start ghostwriting
- 18. Graphic designer
- How it works
- 15. Working in retail or food service
- Which one should I take?
- Gifting large sums of money to family
- Best insurance company for having few customer complaints: American Family
- More from NerdWallet
- 1099-MISC
- Earthquakes
- No-credit-check loan example
- Her Village Grants
- 15. Bad debt
- Our pick for: No security deposit, low annual fee
- Vanguard Growth Index Fund (VIGAX)
- 20. Become a resume writer
- 19. Technology tutor
- Transfer partners
- Pest inspection
- California earned income tax credit (CalEITC)
- Flooding
- Where to get it
- 5. Get discounts on entertainment
- Cheapest car insurance for young drivers
- Silicon Valley Community Foundation
- Paying for vacations, cars or other stuff
- Conventional loans
- 1099-NEC
- Vanguard Small Cap Index Fund (VSMAX)
- 5. Oportun
- 21. Open a coworking space
- 20. Blogger
- How to compare life insurance quotes
- 9. Become an Instagram influencer
- Prepaid expenses
- California young child tax credit (YCTC)
- 2. Know your own ESG criteria
- Address any lingering questions
- Bill & Melinda Gates Foundation
- Giving a laid-back loan
- 4. Saving money
- Cash advance apps
- NJM: Best small regional home insurer
- Our pick for: Your choice of expenses
- Vanguard Total International Stock Index Fund (VTIAX)
- 1. Has the W-4 form changed?
- 21. Podcaster
- Life insurance quotes vs. rates
- 6. Map out major purchases
- Flooding
- FHA loans
- 16. Taxes
- 1099-OID
- California child and dependent care tax credit
- For credit scores of 690 or higher
- 22. Become an online coach
- Robert Wood Johnson Foundation
- Setting up joint bank accounts
- Card ecosystem
- Tax monitoring and research fees
- 3. Choose ESG investments
- 22. Social media influencer
- 6. Mobile via IRS2Go
- How much are car insurance quotes?
- 1099-PATR
- California adoption cost tax credit
- Our pick for: No security deposit, low annual fee, potentially high credit limit
- 2. What does it mean to be exempt from taxes?
- 23. Flip failing websites
- How it works
- Our pick for: Bank of America® customers
- 10. Monetize your Twitch channel
- Clif Family Foundation
- Title-related costs
- Best insurance company for financial strength: Auto-Owners
- 23. Live-streaming gamer
- 7. Restrict online shopping
- Cheapest auto insurance for senior drivers
- Best insurance company for financial strength: Auto-Owners
- 17. Employee salaries
- 1099-Q
- California nonrefundable renters tax credit
- For any credit score
- 6. Capital Good Fund
- 24. Become a web developer
- Where to get it
- Winter storms
- 24. Photographer or videographer
- Buy now, pay later
- 1099-R
- 25. Start a podcast
- Tornadoes
- 18. Employee benefits programs
- 3. When should I review my W-4?
- 25. Web designer
- 8. Delay purchases with the 30-day rule
- Which factors determine car insurance quotes?
- 1099-S
- 26. Be a social media influencer
- Dividends and preferred stock
- Hailstorms
- 11. Sell your photography
- Amazon Web Services (AWS) Imagine Grant
- Pros
- USAA: Best homeowners insurance for military and veterans
- Credit required
- Our pick for: Average credit and rewards
- 26. Transcription
- 19. Employee gifts
- Real estate agent commissions
- 4. Can I adjust my W-4 multiple times throughout the year?
- How it works
- 9. Get creative with gifts
- 7. Same-day wire transfer
- 1099-SA
- 27. Create online courses
- Selling bonds
- Our pick for: Paying rent
- Property and transfer taxes
- Online loans
- 27. Data entry
- Where to get it
- Most popular: HO-3 insurance
- Cons
- 20. Contracted labor
- Overseas acceptance
- Best insurance company for discounts: Amica
- 28. Become a marketing consultant
- Best insurance company for discounts: Amica
- Title insurance
- Our pick for: Earning more automatically
- 28. Create an app or online game
- 10. Lower your car costs
- Co-signed or joint loans
- 21. Legal and professional fees
- Our pick for: Average credit and no annual fee
- 29. Develop an app
- Broadest coverage: HO-5 insurance
- 12. Become a dog walker with Rover or Wag
- 5. Maximizing your credit cards
- 11. Reduce your gas usage
- Zendesk Tech for Good Impact Awards
- Secured loans
- 30. Make a smart appliance
- How it works
- 8. Check, money order or cashier’s check
- Limited coverage: HO-1 and HO-2 insurance
- Erie: Most generous coverage
- 31. Tap into virtual reality experiences
- Family loans
- 12. Bundle cable and internet
- 13. Sell unused gift cards
- State Farm Good Neighbor Citizenship Company Grants
- Our pick for: Limited credit
- 32. Make a niche dating site
- Where to get it
- Payment plans
- 13. Switch your cell phone plan
- Best insurance company for customer satisfaction: State Farm
- 33. Develop a chatbot
- Google Ad Grants
- 6. Borrowing money
- Best insurance company for customer satisfaction: State Farm
- Credit union loans
- 14. List your spare bedroom on Airbnb
- 34. Offer matchmaking skills
- Replacement cost vs. actual cash value
- Capital Good Fund
- 14. Reduce your electric bill
- 35. Be a virtual assistant
- 9. Cash
- Our pick for: Wholesale shoppers
- Our pick for: Good credit
- The Unless Project
- Nationwide: Best online experience
- 15. Lower your student loan payments
- 36. Reinvent exercising
- Best insurance company for military members: USAA
- 37. Create eco-friendly, health-friendly makeup and beauty products
- 16. Cancel unnecessary subscriptions
- 15. Sell your gently used clothes
- Best insurance company for military members: USAA
- 38. Open a food truck or restaurant pop-up
- Homeowners insurance deductibles
- The Audacious Project
- Our pick for: Travel
- 17. Refinance your mortgage
- 39. Start an organization business
- Openly: Fewest consumer complaints
- 40. Do interior design for young professionals
- 18. Set savings goals
- 16. Trade in old phones, electronics for cash
- Wells Fargo nonprofit grants
- 10. IRS payment plan or installment agreement
- NBCUniversal Local Impact Grants
- Our pick for: Instant gratification
- 19. Track spending
- 17. Get a babysitting gig
- Kubota Hometown Proud Grant Program
- Our pick for: Paying rent
- 7. Your credit score
- 20. Pay off high-interest debt
- Big Sea Wavemakers Grant
- 18. Rent out your car
- State Farm: Best perks
- 21. Keep savings in a high-yield savings account
- Our pick for: Personalized rewards
- 1. Review your mission
- 22. Create a 50/30/20 budget
- 2. Refine your search with keywords
- 19. Sign up for TaskRabbit
- 23. Shop consignment and thrift stores
- 3. Narrow down based on location
- 20. Become a private tutor
- 4. Look for organizations with similar values
- You’re a first-time home buyer
- 24. Join initiatives to get free items
- 5. Consider hiring a grant writer
- 21. Drive for Uber, Lyft
- 8. Taxes
- You live in a high-risk area
- Trip cancellation
- 25. Use car sharing services
- You have a dog
- Trip interruption
- 22. Make deliveries for Amazon, Uber Eats
- 26. Stock up on household supplies when they’re cheap
- 9. Paying off debt
- Trip delay
- You own valuable items
- 23. Find work as a housesitter
- Cancel For Any Reason
- 27. Enjoy community events
- You own an older home
- Baggage delay
- 28. Cash in on your birthday
- 24. Sign up to be a mystery shopper
- Lost baggage
- Travel medical insurance
- 25. Put your drone to work
- Conditions common to your dog’s breed
- 10. Insurance
- Your dog’s energy and activities
- Wellness expenses
- Decide whether your cat needs insurance
- Wellness expenses
- 11. Investing
- 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
- 12. Starting or running a business
- 6. Examine extra costs
- 7. Compare quotes
- 13. Travel
- The NerdWallet Smart Money podcast
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.