Keng Goh in making money online: 9 methods to try in 2024

In this digital age, seeking additional income streams outside of a regular job is natural, with the fastest ways to make money that match each person’s skills and resources, whether it’s easy side jobs or investments requiring in-depth knowledge. This article will present 9 legal income-generating methods suitable for the general public.

The Meaning of Legal Online Income Generation

Safe and legitimate online income generation involves working via the internet using a computer or mobile phone, following the law and not infringing on others’ rights. These methods can be done at convenient times and do not require leaving home. The variety of options allows anyone to find a method that fits their situation.

Beginner Level: Starting Online Income Generation

1. Selling Digital Products and Photos

Estimated income: 2,000–10,000 THB per month

Taking photos and selling them through stock platforms is straightforward. Photos uploaded once can generate income multiple times, as buyers can use the same images in various projects, such as packaging design, advertising, or website content.

Advantages:

• Creates sustainable passive income
• Suitable for photography enthusiasts
• Many platforms available for selling work

Disadvantages:

• High competition due to many photographers
• Need high-quality work to attract customers

2. Participating in Online Surveys

Estimated income: 1,000–5,000 THB per month

This method is one of the easiest because it requires no investment or special skills. Just an internet connection. Survey websites will ask questions to gather consumer opinions. Respondents are paid based on effort.

Advantages:

• No special skills or preparation needed
• Flexible schedule, can do during free time
• Many platforms offer continuous earning opportunities

Disadvantages:

• Low pay per survey
• Not suitable as a primary income source

3. Fortune-telling and Spiritual Counseling Services

Estimated income: 5,000–20,000 THB per month

For those skilled in reading cards, astrology, or providing mental guidance, these services target a specific market with steady demand. Building a loyal customer base can lead to stable income.

Advantages:

• Has a dedicated, honest customer base
• Can work from anywhere
• Service fees for specialized services can be quite high

Disadvantages:

• Income depends on market demand, which can fluctuate
• Competition from other providers may affect earnings

Intermediate Level: Moderate-Risk Income Generation

4. Freelance Work

Estimated income: 5,000–30,000 THB per month

The freelance job market connects skilled individuals with clients needing services such as graphic design, content writing, marketing, programming, or consulting.

Advantages:

• Unlimited earning potential based on ability and effort
• Freedom to choose clients and projects
• Opportunities to develop various skills

Disadvantages:

• Income can be irregular and unpredictable
• Must manage time and find clients independently

5. Affiliate Programs and Referral Marketing

Estimated income: 3,000–20,000 THB per month

If you have your own website or online channels, acting as an intermediary to sell other companies’ products can be a good way to generate income. You earn commissions from sales made through your links.

Advantages:

• Potential to scale once the channel is set up, enabling passive income
• Very low or no initial costs in some cases
• Can collaborate with multiple programs simultaneously

Disadvantages:

• Requires high traffic and continuous visitor flow
• May take time to see significant results

6. Managing Social Media Pages

Estimated income: 5,000–40,000 THB per month

Those experienced in managing social media pages can leverage that knowledge to earn income. This job requires understanding content creation, posting strategies, and community management.

Advantages:

• Simple and convenient for social media enthusiasts
• Suitable for beginners seeking general experience
• Many learning resources available to improve skills

Disadvantages:

• Must keep up with platform changes
• Client demands can vary and change frequently

Advanced Level: High-Risk Investment and Trading

7. Forex Trading

Estimated income: 10,000–200,000 THB per month ( depending on capital and skill)

The Forex market is the largest currency exchange market worldwide, operating 24 hours a day, 5 days a week. Beginners can open accounts with very little money, with many brokers to choose from.

Advantages:

• High liquidity and continuous operation
• Leverage allows controlling large amounts of money with small investments
• Short-term profit potential from price movements

Disadvantages:

• High risk of loss, especially for inexperienced traders
• Leverage can amplify both gains and losses

( 8. Trading Digital Assets

Estimated income: 10,000–150,000 THB per month

Investing in cryptocurrencies like Bitcoin, Ethereum, and thousands of other tokens is a high-risk, high-reward investment. These assets are highly volatile. Investors should use money they can afford to lose.

Advantages:

• High price volatility creates many profit opportunities
• Decentralized system offers freedom in transactions
• Wide variety of digital assets opens many options

Disadvantages:

• Regulatory and security issues remain challenging
• Uncertain policy trends across different countries

) 9. Investing in Stocks and Bonds

Estimated income: 10,000–200,000 THB per month

Stock trading remains a popular way to generate income. You can choose long-term investments for growth or short-term trading for immediate profits. Knowledge of fundamental and technical analysis is essential.

Advantages:

• Long-term growth potential proven historically
• Various strategies available, from value investing to dividend income
• Abundant analysis tools and information

Disadvantages:

• Market volatility can be high at times
• Inexperienced investors may make emotional decisions and lose money

Summary and Recommendations

The diversity of online income methods allows everyone to find a suitable channel based on their situation and skills, from no-investment options for beginners to advanced investment opportunities for those with deep knowledge.

Choosing the right method depends on your capital, available time, skills, and risk tolerance. Regardless of the method, careful study and attention are crucial before making decisions, so that the fastest ways to make money become smart investments rather than gambling.