Monday, January 11, 2010

Ways to Make Money

In the United States now, the biggest fad it seems is to make money from writing blogs. With the economic downturn, I see many links on the internet now that say, "Ways to Make Money" or "How to make money by Blogging." I'm still amazed by the occasional "Rags to Riches" stories that we hear about just from doing simple things on the internet, although the chances of that occurring are pretty slim.

In China where blogs are banned or at least restricted, the biggest fad seems to be selling things on their version of ebay called Taobao. Its become extremely popular that it seems that everyone is doing it. I've had friends quit their jobs just to sell things on Taobao. Other creative ways have been playing video games, especially those role playing games such as World of Warcraft. People would create a character and either develop it to be powerful or obtain weapons in order to sell the character online or sell the weapon. It really has become a phenomenon in China.

With the average income of a Chinese citizen at 3000 to 5000 RMB a month (that is around 450 USD to 700 USD), it seems that just selling things online or playing a game on behalf of someone makes a net income of more than that. Its pretty sad what the average income is there.

Regardless of where you are, the existing regulations and how developed the economy is, there are ways to earn money as long as the time and effort is put into it.

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