Microsoft Excel is a spreadsheet editor developed by Microsoft for different platforms such as Windows, macOS, Android, iOS, and iPadOS. It features calculation or computation capabilities, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
For over a decade, Excel has been used to store, analyze, and report large amounts of data. It is often used by accounting teams for financial analysis but can be also used by any professional to manage long and unwieldy datasets.
Today, we are going to discuss the most popular ways by which you can earn money using just Excel
- Freelancing – If you already use Excel in your day-to-day life, you must have developed great expertise in its features. Even if you do not use it a lot, there are tons of resources out there to learn Excel. Freelancing is one of the quickest ways to not just earn money but also to get experience and increase your knowledge about anything. You can also earn great money if you opt for freelancing for Excel applications. There are many platforms out there, such as Freelancer, Fiverr, Upwork, Workana, etc., where you can easily find opportunities ranging from $10/20 – 100s of dollars
- Creating and selling templates – If you’re familiar with good Excel features, you can create and sell templates that are useful to others. For example, people use templates regularly to ease their operations. Monthly budgets, Trackers, To-Do Lists, Bookkeeping, etc., are some of the processes that people are generally interested in managing and use a lot of templates for them. Etsy is one of the biggest platforms where you can sell Excel templates. You can also find ideas for the templates on Etsy. You can also set up your own website to sell these templates
- Courses and Informational Videos – If you are an expert in Excel and love to teach or solve people’s problems, creating Excel courses or informational videos could be an excellent money-making idea for you. You can directly sell your courses over platforms like Udemy or Teachable or post them on YouTube and earn regularly. This is the best passive income method through Excel
- Earn via social media – Today’s world of social media and people’s more focused attention towards short videos have enabled creators to prepare such short videos. You can also earn through affiliate marketing, ads, or paid partnerships once you have a good following on your Instagram or Facebook pages. Remember, the key is to solve problems. If you can solve an issue or promote an interesting feature, this is one of the quickest ways to gain an audience and earn in the long term
- Jobs – The last method is to find a job that utilizes your expertise in Excel. There are many jobs available in the market that requires this experience. For example, Analyst, Accountant, Data Entry Operator, etc., are some of the popular and high-paying jobs you can get by learning Excel. However, Excel alone can only get you entry-level jobs, you will have to learn many more such tools if you want to get better jobs.
There are many more such methods using Excel’s expertise which can earn you a fortune. Stay tuned for more such earning methods.