Are you looking for a way to earn money online? With the right ‘gig’ you can earn a full time income and get out of the 9 to 5 rat race. Here are 5 ways to make money online quickly and without a lot of effort.

#1 Transcribe Audio – Finally, more websites are beginning to offer written transcriptions for those that are hearing impaired, which makes that transcriber’s job in demand. While it doesn’t always pay a lot, it also doesn’t require a lot of work or a commitment from you. Check sites like Elance or Guru for these types of jobs. 

#2 Participate in Online Surveys – You won’t get rich on this, but they also don’t take much time and you can create a little extra cash flow for yourself. 

#3 Edit Audio – If you are familiar with sound editing software there is a job opportunity waiting for you cleaning up online interviews, webinars, webcasts, etc. Visit employment sites like ODesk or Elance. 

#4 Enter Contests – Whether you are a writer or a photographer, whether you design logos or create backgrounds, there’s are tons of contests running looking for the best ‘product.’ You don’t get paid unless you win so you will need to enter as many contests as you can find in your niche. Success is often minimal, but it only takes one big win and you’ll be very happy.

#5 Flip Domain Names – Domain names are as valuable as real estate. Well, actually, they are online real estate. Some people have figured out a way to make a very nice income buying and selling domain names. Use Google Adwords to find trending keywords and then use that information to choose domains to flip. Short, straightforward domains are pretty must all bought, so you will likely have to settle for acronyms, initials, the use of dashes, etc. Be creative when you are trying to buy domain names. Even if the main keyword isn’t available you can work off of that keyword and incorporate it with other words. 

Making a living quickly and easy by making the right choices. With so many opportunities online it can be difficult to determine what’s the right way. Part of it depends on how much time you have available to you and where your interests lie. One thing is for certain, there are tons of legitimate ways to make money online, so why not start today?