How You Can Make Money Online Today Doing Transcription Jobs

This post may contain affiliate links. Please check out my disclosure for more information.

Living in the 21st century has become arguably more expensive than ever before in time. So drastically has the cost of living increased that people are deciding to have fewer children, to a greater extent than what had previously been the case in the past couple of decades.

If you are a frequent visitor of this blog, Saving Money and Budgeting may be topics you may have already read about. For those who have already mastered this, you may already be looking into Paying Off Your Debt. These are all crucial elements that you need to bed down when you hope to achieve Financial Freedom within a time that is on any level remarkable.

Thankfully, the 21st century has not only brought us its woes, but also some pretty remarkable solutions to helping you make more money. Those who read this blog often will know that I am all for Saving, Budgeting, and Minimalism, but only to the end that it will allow you to focus your energy and finances on achieving Financial Freedom by creating multiple streams of income, more so, true Passive Income. (Read more about Defining TRUE Passive Income by clicking here).

Yes, Live Frugally, But Also Learn to Make More Money

When I don’t have enough money, my knee-jerk reaction without a doubt is to think of how I can Make More Money. Saving and creating a tighter budget, to be honest, are an afterthought. Nothing has been quite as liberating for my mind, and thus my finances.

It is now super easy for you to Make Yourself Extra Money. Online freelance jobs have become an easy side hustle for people looking to convert any skills or free time they may have into an additional source of income.

I have decided to compile a short list of companies that you can work with to start or add to your portfolio of side hustles. I have arranged them according to type, so if you have a preference, you can head on over to that section that you like most. I have also arranged them in alphabetical order for ease of browsing.

Transcription & Translation

is a job site allied with Amazon MTurk (Mechanical Turk) which affords MTurk members additional HITs (Human Intelligence Tasks). You need to have an Amazon MTurk account to sign up. The site is programmed to link you with jobs that it has determined you will enjoy more. You are allowed to work at a time of your choosing so long as you complete at least 20 HITs with a minimum score of 3.5 per week.

allows for you to complete jobs if you like to caption, translate and transcribe, all from wherever you prefer to do any of these tasks. The intake process is rigorous but works with people from anywhere in the world.

offers you freelance transcription job opportunities if you speak and write English well. You do not necessarily need previous transcription experience to join the site. You do not need to have prior experience, but you do need to type relatively fast. 

allows you to transcribe conference calls, phone call recordings, letters, legal files, medical files, among other audio files, working on a schedule of your own preference. Unfortunately, is only for experienced and professional transcriptionists.

My Final Thoughts

While all of these websites offer you the opportunity to make extra money, you need to remember that each of these websites are businesses themselves, more specifically, brokers. Their first obligation is to their clients, the companies on whose behalf they are sourcing freelance work. Thus this is who they will focus on creating better value for.

This may be at the expense of you, a contractor. The more contractors they have, the more this becomes the case, because if you won’t be willing to do it, somebody perhaps a little more desperate than you will.

Increasing your streams of income is a fantastic idea and a much better way to take control of your finances than merely Saving Money and Budgeting, then hoping for the best. It puts you in a position where your desire to be in a better financial position does not disempower you, but instead empowers you. Freelancing, however, creates a unique problem. You still have to:

• depend on being accepted by each of these companies,
• wait for work to be available, and
• be paid a rate that will be determined by the competitiveness that the broker wants to offer the client which may not be commensurate with the time you spend, your level of skill and your standard of delivery

My Favorite Way to Make Money Online

It’s not all doom and gloom though. There is a better way to make money online. This way has several critical advantages in contrast to side these hustles:

• It puts the power in your hands
• There is no limit to the amount of money you can make
• Meritocracy; If you work hard you can get paid accordingly
• If you are good at what you do you can get paid very well
• You work online
• It does not take a lot of money to start
• You literally turn your passion into your career

Starting a Blog hosted by Bluehost has been the best decision I have made this far with regards to my career and finances. I have never been happier in my vocation.

Find out more by reading, Why I Became a Blogger, and also, How to Start Your Blog Today.

Don’t know much about how blogs make money? Read How to Make Money Blogging and chart your own path to making money with your blog.

I do both, running my blog and freelancing, through a good number of these sites, although you can probably tell by now that my primary focus is my blog.

If freelancing is more your thing, keep doing it, but just take control of your finances by empowering yourself to make more money, even if it’s only through these side hustles. This state of mind is the single most important facet you need to develop to win with your finances.

All of the best!