How to make money by coding? 5 ways to get paid with coding

In today’s world programming is one of the most remunerative skills which opens unlimited opportunities for you to make money. Now, you no longer need a full-time programming job to earn money. You can start earning money with your college studies right from sitting on your bed. Sounds interesting, right? So let’s dive into the top 5 ways to make money with coding. Also, stay up till the end of the article to get to know about the most astonishing way to earn money from coding.

How To Make Money From Coding

Before jumping into ways to make money from code first let us answer some of the most asked questions related to making money from code.

Is it easy to make money from coding?

Obviously in the present time coding is a skill that can help you make money faster than any other skill. But still, there is no straightforward answer to this question.
You might hear many people sugarcoating that making money from coding is very easy but well making money is never that easy. You need to work hard for it and be consistent in what you are doing.
There are some tools or languages which you can master in a couple of weeks and start making money from them but at the same time, there are certain languages that need time to be proficient with and make money.

What is the best way to make money from coding?

You might find hundreds of ways all over the internet to make money from code but the best way might vary from person to person. You need to pick a method that you genuinely love doing because only then you’ll be able to earn money in the long run else you would get bored and might drop that idea hence start losing interest in coding.

For example, I love writing blogs and can write several blogs in a single day and hence can make great money from it but it might be possible that you hate writing instead you might be more interested in teaching in-person instead of writing or developing apps or websites. So turns out that my best way of making money could be the way you dislike the most.

So the best answer to this question would be to try different methods on your own and then select the method that you love doing because it is easier to stay motivated while doing something when you genuinely enjoy doing it.

Also always remember to share your work on social media. This will help you work to reach more people and hence results in more client and eventually more money! Sharing your learnings and work on social media act as icing on the cake for your growth.

So now that we have answered the two most asked questions let us now dive deep into the top 5 ways to make money online.

Freelancing

Freelancing has changed the life of a lot of skilled coders and developers. Can you just imagine working with some of the most reputable brands across the world by just sitting in your room working on your own time and making hundreds of dollars in just a couple of days? Yes, you read it write! Freelancing allows you to be your own boss.
According to some stats in today’s time, on average, an Indian freelancer can make up to $400 a month. Isn’t it amazing? Today many people across the world are choosing freelancing as full-time work.
As you go on completing more and more freelancing projects you can ask your clients for reviews which act as great proof for the next client to trust you & hire you. As you get more and more positive reviews there are more chances to get the next higher-paying client sooner.

In the beginning, you might find freelancing frustrating sometimes. The main reason for this turns out to be not choosing a good freelancing platform. Choosing a platform where clients don’t value your work and pay significantly less can be frustrating. So remember choosing the right freelancing platform and having good marketing skills can help you to land good clients.

We have curated some of the great freelancing platforms to start with as a beginner:

Toptal
Upwork
Freelancer
Fiverr
Guru
Servicescape
PeoplePerHour

Also in the starting, you can reach out to your local businesses or your family and friends who are into business and work for them as a freelancer and also build a healthy network from their business to get more clients.

Blogging

If you are a passionate writer and love communicating your coding knowledge by writing then you can make a huge amount of money by writing blogs. You can write blogs explaining certain coding concepts or solving a particular coding problem or even by documenting your coding journey in a blog. Writing blogs opens numerous ways for us to generate money.
Writing an SEO-optimized blog by focusing on relevant keywords can help you rank your blog in the search engines thus generating a significant amount of traffic on your web page.
As soon as you build a good audience here are some of the best ways to monetize your coding blogs.

Displaying ads: You can earn a huge amount of money by running ads on your blog website. Every time the reader clicks on an ad listed on your website you would earn a small amount of money. As the number of clicks increases your income also eventually increases. This is one of the best sources of passive income.
Affiliate Marketing: You can also promote services or products through your blogs by using your affiliate links and every time someone makes a purchase through your link you’ll get a commission for each purchase. Wondering what products or services to sell? How about affiliating your favorite course or a paid coding tool? Sounds interesting right, so what are you waiting for? Get your affiliate links now.
Sell your own products: You can also promote and sell your own products or services by linking them to your blogs. Let’s say you are explaining a particular coding topic in a blog and you have a tutorial course or have written an ebook on that particular language or even a cheatsheet then you can definitely promote to sell it with the help of your blog.
Let us say that after reading your blogs your readers are left with some doubts then you mentor them one on one and in return charge them hourly.
Collaboration & Sponsored Content: Collaborating with the people in your industry is one of the biggest ways to grow! Once you have grown a huge audience on your blog website you can easily ask people to sponsor or promote their products or content on your website and charge them accordingly.

If you don’t have a good knowledge of writing blogs but have good coding knowledge you can start your blogging journey by working as a technical content writer intern at tech companies like Codedamn, Geeks for Geeks, Scaler Topics, etc where you can learn to write great blogs and also get paid alongside.

Make a Plugin or Theme for WordPress or Shopify

Every business today wants to build an astonishing website for their business and one out of every fourth website you visit over the internet uses WordPress but not everyone knows how to use those complex themes or plugins so how about making a user-friendly and productive/useful WordPress theme or plugin.
You can keep some basic features of your plugin free to use so that the user gets comfortable using your plugin or theme and then you can charge for the premium features.
Some of the places where you can sell your WordPress themes or plugins are as follows:

ThemeForest
Creative Market
TemplateMonster
Codester
MOJO Marketplace
CSSIgniter
WordPress Theme Directory

Participate in Coding Competitions, Contests, & Hackathons

This is also one of my favorite way to make money from coding. Want to know why? Well, the answer is pretty simple. If you are a coder then I can bet that you might always be very eager to learn about new tools, technologies, or languages. And what if you get paid for learning these technologies or for solving a particular problem? Sound interesting right?

In these coding contests or hackathons, all you need to do is use some particular languages or tools and build a product as a solution to a problem. And you get amazing cash prizes in return if you win these hackathons.

But what if you don’t win? Don’t worry I believe that even if you lose a hackathon still you have gained a lot because you learned new technologies or languages and also you got one more project to showcase in your resume. Apart from this you also get a chance to interact and network with like-minded people.

Bug-Bounty Programs

Bug-Bounty as the name itself implies getting paid for fixing bugs. Many big tech companies all over the world like Microsoft, Twitter, Tesla, Apple, Uber, Meta and many more have bug bounty programs.
For this program the companies open source their code for you to find bugs.

Bug Bounty program varies from company to company. Some companies reward you for just reporting a bug while some other companies have a minimum set of requirements for your bug to qualify for this program.
And if you are skilled enough to solve those bugs you can get paid up to thousands of dollars!

Some big tech companies in the past paid $200,000 as a bug bounty.

Conclusion

Apart from the above-mentioned five methods, there are so many other ways as well to make money from coding such as:

Selling an Ebook
Selling online coding courses (Online Educator)
Developing Mobile Apps/ Web Apps or APIs
Starting a Youtube channel
Becoming a Chegg Expert
Podcasts

Now that you know various ways to make money from coding what’s stopping you from trying them out? Select the way in which you feel most comfortable and get started.