30. Do Online Transcription
Carmen Mandato/The Penny Hoarder
Those listening skills you honed by eavesdropping on your roommates’ conversations could finally pay off with a job in online transcription.
Transcription jobs usually require an assessment test to gauge your typing speed and accuracy. Depending on the service, you could be listening to a car commercial or court hearings, so find out what you’re getting into before you apply.
Cherry wishes she had known that tip before she signed up for her first transcription gig, which brought in $85.15 over six months for a job that required extensive testing and a lot of studying to follow a strict style guide.
“For that first transcription job, oh my gosh, I spent hours on that, and I got paid so little,” Cherry said. “I wish I would have just, in the beginning, told myself, ‘Hey, this just isn’t going to be worth it. Find something else.’”
Cherry had better luck after discovering the transcription service Rev, which offered a user-friendly platform and more lucrative projects.
How much money can you make? Making 40 cents to 75 cents per minute of transcription at Rev, Cherry earned $87.45 in one month for less than four hours of work.