April 3, 2020

how to make money on reddit

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Also known as the “Front Page of the Internet”, Reddit is a source of information and knowledge to its user base. The site has grown massively over the past few years, and now boasts over 330 million monthly active users or “Redditors”, as they are known. 

In the U.S. alone, there are over 28.6 million users who log in every month, and that number is expected to exceed 35 million by 2023. 

Source

In addition to all this, Reddit is also a great place to make money as it allows you to generate income in a variety of ways. The platform can be extremely lucrative for those who know how to leverage it. 

Subreddits to Earn a Side Income

On Reddit, you can focus on actual tasks to make money, and you can also earn an income indirectly through the promotion of products and services on other social media sites or your own website. Below, we take a look at 9 subreddits that will help you start making money as soon as today. 

1. /r/BeerMoney

BeerMoney is among the most popular subreddits on the site. With over 360,000 subscribers, this subreddit continues to gain popularity because of its potential for amazing opportunities for earning and business growth. Earning opportunities on BeerMoney include: 

  • Participating in online surveys
  • Completing short tasks
  • Writing product reviews
  • …and much more. 

You will find these and many other income-generating opportunities floating around in various subreddits, but BeerMoney is one of the best forums offering reliable advice and tips.

On this forum, you can join discussions of the various websites and money-making opportunities users are currently profiting from. There are countless people who make hundreds, and even thousands of dollars every month performing all types of tasks on this subreddit. 

Click here to visit /r/beermoney

2. /r/forHire

This Reddit community is a valuable resource for anyone with skills to promote. The forum allows you to advertise yourself so you can showcase your skills to other members in order to increase your chances of being hired. 

For anyone who is upskilled in any area, this platform offers a great way to find well-paying jobs and make extra money. With over 145,000 users, there are tons of opportunities available on For Hire, such as: 

  • Copywriting jobs
  • Website design
  • Social Media Marketers
  • Graphic Designers
  • …and lots more.

The vast majority of opportunities on the subreddit are related to computers and online business, and if you’re a technically-capable candidate or you’re skilled in any of the areas mentioned above, there’s no shortage of opportunities here.

Click here to visit /r/forhire

3. /r/WorkOnline

As its name suggests, Work Online is a place where you can find all kinds of online gigs. The subreddit has over 180,000 users, and on it, you can share and discuss a variety of online money-making opportunities, including sites that pay you, online employers, job postings, and more. 

For those looking for full-time remote work, this is a good place to start looking. There is a wide range of opportunities available, including:

  • Freelancing portals (e.g. Fiverr, Freelancer, Mturk, etc.)
  • Affiliate marketing
  • Freelance writing jobs
  • Online tutoring jobs

Click here to visit /r/workonline/

4. /r/SlaveLabour

If this name is anything to go by, it’s clear that no one will get rich on this subreddit. However, this community of over 130,000 users is a great place to pick up a bit of extra cash for anyone who has been searching for how to make money on Reddit. 

The subreddit offers a broad range of low-paying jobs that are easy to get done. It presents quick earning opportunities to those without specialized skills or expertise. Tasks on Slave Labour include: 

  • Data entry
  • Resume writing
  • Completing short tasks
  • …and so on.

Although you don’t stand to earn as much on this subreddit as many others on our list, it’s still a great way to make a bit of extra money to support your main income. 

You can choose from tons of different tasks that typically don’t take long to complete. So, if you don’t mind doing jobs well below market rate, and you have the time, it’s worth looking around to see what types of jobs you can get done here to earn yourself some side income.

Click here to visit SlaveLabour

5. /r/SignupsforPay

Signups for Pay is a subreddit that has 19,000 members. It offers ways to make money from home by getting paid to sign up in different places. This task requires no skills or expertise – only your time. 

The forum is great for people who are looking for easy ways to help make ends meet. All you have to do is simply browse through the dashboard and choose from the many posts of sites where you can earn points and rewards by signing up for free. 

Most of the posts on this subreddit are from other members who are taking part in a referral program. They provide you with an invite link, and you follow the registration process to receive your bonus. It’s that easy. 

Click here to visit /r/signupsforpay

6. /r/Startups

This popular subreddit is for people who are thinking of starting an online business. The Startups forum has over 370,000 members and offers tips and advice on building and growing your own business online. 

In this community, you can discuss a variety of startup problems and solutions to help new entrepreneurs build a solid foundation for their business. 

Once you start your business, you can also use Reddit as a powerful tool to promote your business to your ideal audience. Just keep in mind that you have to do your promotions the right way, otherwise you risk getting banned.

For instance, you cannot post promotional content only without engaging with other members in the subreddit. This type of behavior is viewed as spammy and will result in your account being limited or blocked. 

In order to market your business successfully, you must become a frequent Reddit user and get involved in the communities related to your business.

Click here to visit /r/startups

7. /r/Freelance

If you are a freelancer or are considering becoming one, then this is a great platform to seek online work. As a freelancer, you can make a great income on Reddit by promoting yourself through participating in this and other relevant subreddits. 

You must be interactive and market your skills as a freelancer to the other members so you can find people to hire you. 

If you are looking for short tasks or freelance gigs to help stretch your budget, this is a great community to find well-paying opportunities and it’s worth bookmarking because it offers a wide range of tasks. This means that if you don’t find something suitable one day, you may find tasks that are right for you on other days.

Click here to visit /r/freelance

8. /r/QMEE

QMEE is among the more popular communities with an ever-increasing number of subscribers, as well as regular activity from its user base. It’s a great subreddit for people who want to earn money doing simple and easy tasks. 

You get paid to click on sponsored links in the results pages of Google and other search engines. QMEE also allows you to share your opinion, shop, and search to earn cash rewards. You can take paid surveys on your mobile or laptop and grow your earnings daily. 

When you shop, you get money-saving coupons, as well as deals on a variety of items to help you save. QMEE also offers specially chosen offers where users can earn cash rewards from doing stuff that they were going to do anyway (such as browsing the internet) when they use the QMEE browser app.

Click here to visit /r/qmee

9. /r/WallStreetBets

WallStreetBets has been a big topic of discussion for the media and internet abroad since January of 2021 when many users banded together to try to raise the stock price of GameStop, AMC, and other companies that the users were fond of.

While technically it’s possible to make money on the stock market, if you’re looking at this as a way to get rich quickly, be very wary of the potential consequences. Just as much as a stock can go up, especially when it’s being touted on Reddit, it can also go right back down just as fast.

Wall Street Bets is a place where (presumably) educated investors give stocks tips and advice on companies that they think will either increase or decrease in value and they explain why they feel this way. If you follow some of the advice and trends here, it’s possible to make money, but be very careful as you can dig yourself into a financial hole quickly if you aren’t an educated investor.

Click here to visit /r/wallstreetbets

Keep in mind, it’s difficult to make money directly from Reddit, but you can take one of my free courses to learn how to make extra money with blogging or by starting a YouTube channel.

Can You Really Make Money From Reddit?

Short answer: Yes. You really can make money from Reddit. Reddit doesn’t pay you directly, but it does offer you tons of opportunities to make cash through different subreddits. 

You can complete tasks and get paid, or you can make money by driving traffic to your business where you can offer visitors a relevant product or service. In other words, although the platform won’t pay you, you can use it to bring attention to any money-making asset you choose as long as you can generate valuable content on the site. 

You can provide answers, advice, or information that leads people to your product or service. This is the same strategy that many people use on other social media platforms, and it works just as effectively as a way to make money on Reddit.

But, as previously stated, you must familiarize yourself with the subreddits that offer the best opportunities to do so, depending on your knowledge, skills, or expertise. 

Also, there are strict policies that you must adhere to, and you need to dedicate enough of your time so you can be active on the platform if you want to market and promote your business.

Below are three examples of Reddit users who have managed to create a source of income from the platform. 

Reddit Success Stories

1.  u/Goldeneye0242

This Reddit user made over $3,000 in one year from multiple BeerMoney programs. Here, the user shares his experiences and earnings reports from the different programs from which he received payment. 

2. u/TheModestMan

This Reddit user has built up an income of over $10,000/month by sending traffic from the r/Entrepreneur community to his blog, The Modest Man, where he sells affiliate products such as wristwatches and socks for men. 

The majority of his traffic comes from in-depth posts that he publishes in the sub. This is a simple, yet extremely effective strategy to make money indirectly from your Reddit posts. You can check out his story here

Make Money on Reddit FAQ

Are you able to put ads on Reddit?

You are able to pay to put ads on Reddit to drive people to your content, but you are NOT able to put Adsense ads on the Reddit platforms to try to make additional income.

Can I use affiliate links on Reddit?

No, you cannot do this either. If you try to sell products with affiliate links on Reddit, you’re more than likely going to get reported by Reddit users and banned from the platform. Reddit does this because they try to protect their community from the obscene amounts of spam that can occur with affiliate linking.

Can I create a community on Reddit and talk about my brand?

Absolutely! Generally speaking, it’s best on Reddit to provide a ton of value and NOT be self-promotional while you’re there. Redditors are tech-savvy folks that really don’t like people who spam their communities. To avoid this type of issue, focus on value and not promotion. Subtle promotion is fine, but value is always first on Reddit.

Conclusion

And now, we’ve come to the end of this post on how to make money on Reddit. The platform has some good communities that offer realistic ways to work and earn money online. For many who have tried lots of different resources, this site offers the best opportunities to find well-paying jobs for people of all different skill levels.

But, keep in mind that because of its sheer size, it’s easy to get lost on Reddit. The site is divided into more than one million communities or subreddits, with each devoted to a particular topic, and each has its own set of rules and expectations. 

Also keep in mind, as great as Reddit is, there are plenty of other ways to make money while working online. Below are some other posts you may want to check out.

Do you know of any other tips to make money on Reddit? If so, let us know in the comments below.

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