The 18 Best Ways to Make Money by Reading Books

Best Ways to Make Money by Reading Books

Best Ways to Make Money by Reading Books?

When I was younger, it was always my dream to become a professional reader. I wanted my entire day job to be reading books, thinking critically about what was good, what was bad, and what I would change, and then sharing my thoughts with other people. I really expected this to be a full-time job.

I wanted to know the Best Ways to Make Money by Reading Books. Unfortunately, there’s no book-reading degree. You can’t get a nine-to-five job as a professional book reader. (At least not yet.) But it is possible to make money by reading books online and offline. I’ve got 18 ways listed right here. Some of these are pretty typical, and some of these are a little more unconventional, but all of these will result in you earning money from reading books.

Best Ways to Make Money by Reading Books

I’ve separated these into four different categories of ways to make money from reading books: social media, jobs, review sites, and others.

Make Money Reading Books for Social Media

Among the best ways to make money by reading books is by establishing a social media profile focused on your passion for reading. Building a reputation as a book enthusiast and sharing interesting thoughts about various books can influence others to read or avoid certain titles.

Getting started is simple; all you need is a platform to post your content. Moreover, there’s no need to purchase books initially, as you can leverage a library card or a Hoopla account to access books and read them for free.

Best Ways to Make Money by Reading Books

Here are a few of the best ways to make money by reading books using social media.

1. Post your video thoughts on BookTok (and BookTube, and BookStagram).

Amidst the best ways to make money by reading books, TikTok emerges as a surprising contender. Despite receiving criticism, TikTok is actually contributing to higher literacy rates in America. Personally, I’ve come across numerous BookTok books that I absolutely adored, such as The Hating Game, works by Emily Henry, and The Song of Achilles, among others.

The exciting news is that BookTok presents one of the most promising avenues to earn money through reading books.

Here’s how it works. This process is similar to any of the video-format book reviews.

  • First, create an account. Make it clear that it’s about book reviews. Explain what genre of books you like.
  • Then, start reviewing books. This requires a bit of thought — how can you make your videos stand out? How can you gain a reputation as a thoughtful, trustworthy Bookfluencer?
  • After that, join the creator fund whenever you’re eligible. In 2021, Cait Jacobs went on the record to state that TikTok’s creator fund only nets you 2 to 4 cents per 1,000 views, so you’d need between 25,000 to 50,000 views to earn just a dollar.
  • However, sponsorships are also a lucrative and potential source of income.
  • Create the video once, then cross-post it on all three video channels to get the most bang for your buck. It may take some time, but you can earn money by reading books this way.

YOUTUBERS WATCHLIST:- TOP 5 FREE WAYS TO PROMOTE YOUR YOUTUBE CHANNEL TO GUARANTEE VIEWS

2. Write your review on a blog to earn money by reading books.

  1. When it comes to the best ways to make money by reading books, nothing beats crafting a written homage to the book. Blogs provide an excellent platform to achieve this, allowing you to post once or twice a week as you read and review books, gradually building an audience.
  2. Embrace the opportunity to monetize your love for books by creating blog content. With a less demanding schedule than video content, you can post your book reviews regularly, attracting an audience over time.
  3. Looking for the best ways to earn money through reading? Start a blog and share your written reflections on books. By incorporating ads, you can generate income while indulging in your passion for literature.
  4. Establish your own book review blog as one of the top ways to make money through reading. It might take some time to gain traction, but your genuine love for books will keep you motivated.
  5. If you’re seeking ways to turn your passion for reading into profits, consider starting a blog. Share your thoughts on books, place ads on your site, and watch your earnings grow while enjoying your literary journey.
Best Ways to Make Money by Reading Books

3. Post about books on Medium.

  • One of the best ways to make money by reading books is through Medium’s royalty payment scheme. As a Medium member reads your post, you earn a portion of their monthly membership fee, and the more views your post garners, the more money you can earn.
  • Boost your income by posting your book reviews on esteemed platforms like “Books Are Our Superpower.” This approach allows you to make money by indulging in your love for reading.
  • Seeking a fantastic method to monetize your passion for books? Look no further than publishing your book reviews on platforms like “Books Are Our Superpower.” It’s a simple and effective way to earn money without the need for SEO or hosting your own website.
  • Unlock the potential to make money by reading books with Medium’s royalty payment system. Every time a paying Medium member engages with your post, you earn a share of their monthly membership fee, giving you more earnings with increased views.
  • Experience the joy of making money through your passion for reading by posting book reviews on platforms like “Books Are Our Superpower.” With no SEO or website hosting required, it’s a straightforward path to earning income while sharing your thoughts with a growing audience of 100 followers.

4. Podcast it, baby.

Podcasts work similarly to BookTok or Bookstagram to make money by reading books, except instead of recording both voice and face, it’s just your voice.

Grab a cohost or DIY. Share your latest thoughts on the books you read. Earn money through sponsorships.

Right now, most podcasts don’t earn money through anything by ads, but if your podcast grows bigger, you can leverage your audience to get Patreon support, sell bonus content, or get some kind of exclusive deal with a podcasting company.

Affiliate links kind of pervade all these methods, but they’re big enough that I’m giving them their own category as one of the best ways to make money by reading books.

Here’s how you can make money reading books by using affiliate links.

  • First, join an affiliate program like Bookshop.org (my personal fave).
  • Then, read a book.
  • Find the book on Bookshop.org.
  • Make a recommendation to a friend, on your blog, podcast, social media post, or newsletter.
  • When someone buys that book thanks to your recommendation, you earn 10% of the sale.
  • That’s it! It’s highly scalable — you can make a few bucks right away with just a single sale, and then as your platform grows, you’ll earn more and more.

Freelance or Jobs

What if you don’t want to get a whole new social media profile? What if you want to be paid today, not in three months when the first ad revenue trickles in, or your first sponsor comes through?

Consider a career pivot or a side hustle. Freelance gigs or actual jobs are some of the best ways to make money by reading books. Pros: money right away. Cons: not as much control over the books you read.

Here are your options. I’ve included both full-time, 9–5 career options as well as more casual pay-as-you-go gigs to make money by reading books.

6. Narrate audiobooks.

Who amongst us has never heard the dulcet tones of an audiobook reader? Nobody. (My personal fave? Moira Quirk’s rendition of Gideon the Ninth.)

The good news is that if you’re in possession of a dulcet tone of your own, you are in high demand as an audiobook narrator. You can make money reading books aloud. Fun fact: Audiobooks are becoming more and more popular. Over the last 10 years, the proportion of U.S. adults who have read an audiobook has doubled. No wonder you can get paid to read books for Audible.

Here are two programs where you can upload a few samples, get contracts, and get paid for reading books (or narrating them).

  • With ACX, which is Amazon’s/Audible’s program, you can choose a royalty share or a per-finished-hour rate. Rates typically for around $250 PFH or more. Amazon — read books for money.
  • Findaway Voices is a similar program. The rates are similar. You can sign up, upload samples, and get picked based on your accent or liveliness. One thing I prefer about Findaway Voices versus ACX is that FV helps authors get books into libraries. Not only do I love libraries, but this also helps you get extra money.

I recommend you do both.

7. Indulge your grammar nerd and become an editor.

This is both a career option and a freelance option. Depending on how much education you have, you can either apply for full-time editing jobs or just post your gig on a platform like Upwork or Fiverr.

Editing can be both grammatical pickups, but also more structural or developmental editing. This is a great way to get paid to read books because it’ll actually strengthen your craft, too.

8. Become a literary agent.

This is a career option. It’s a very romantic way to make money by reading books if you ask me. It’s your job to pick out the finest, overlooked manuscripts, read them, and make them shine. Behind every single one of your favorite books is a literary agent who believed in it long before you did.

If you don’t have the right qualifications, I recommend you start with an internship. Start networking heavily, because your job is knowing the right people. Understand the publishing process inside and out. Then get paid for reading books, even if they’re unpublished.

TCK Publishing has a good guide on how to get started.

9. Translate books.

Know more than one language? Amazing news — you can get paid to read books in English, Spanish, or any other language and translating them. I love reading books in Spanish, German, and English, so I’m very grateful to the translators who help share works in other languages with me.

Alternatively, you can also proofread books in another language. Places like FlexJobs, Fiverr, Upwork, Babelcube, and Ulatus are good places to look for these kinds of jobs.

This can be a career or just a gig, depending on your passion for the job.

10. Proofread books.

This can be a full-time career, but more commonly it’s a side hustle. I think it’s one of the best ways to make money reading books because, by the time a proofreader comes aboard, the book is typically more polished and ready for publishing. Editors have to deal with the raw material, but proofreaders are just looking for small errors.

You need a critical eye and an active grammar checker in your head at all times, but it’s possible to make money reading books this way.

11. Design book covers.

This one’s a curveball! Do you have good design instincts? Maybe you’re even a graphic designer? Then this is one of the best ways to make money by reading books for you.

You’ll get to read books, think about how you’d convey the main vibe, design a book cover, and get paid.

You can go in both directions here — either go freelance or apply for in-house jobs as a book cover designer. Either will result in a great way to make money by reading books.

Again, this is later on in the process so you’ll get to read an almost ready-for-publish book. I also consider this to be a big deal for the author. Your cover will be one of the most influential factors in the book’s success.

Submit Reviews

Onto method three: submitting reviews for cash. This is probably the simplest method since it involves just three steps: you read a book, you pen your thoughts, and you submit to one of the five platforms I’m about to suggest to you. Boom, you’ve made money by reading books. This is probably the fastest way to get paid $200 to read books.

You probably already know typical places like Kirkus Reviews pay for reading books, so here are five more unheard-of five platforms I think are best to make money by reading books.

12. Booklist.

Can you write 150 to 175 words about why you liked or didn’t like a book? You need to be able to describe the plot and suggest an ideal audience. If so, this may be for you. Here are some examples.

These pay $15 each. You don’t need a library degree, just a familiarity with books and libraries to apply.

13. The US Review of Books.

This is more of a freelance position that you can tackle later on in your career as a paid book reader. You’ll need to contact the editor with a resume, sample work, and at least two professional references.

They ask that your review be 250–300 words long, with a summary as well as additional insights from the book. Check out examples here. The reviews are paid, but they don’t say exactly how much.

14. Reedsy.

Reedsy operates a little differently. Rather than paying you for reviews, you get paid for reading books when you earn a tip. Basically, you write a review, post it on the site, and wait. If a reader loves your review, they may tip you $1, $3, or $5.

15. Bookbrowse.

One of the best ways to make money by reading books is through Bookbrowse. This platform offers a “modest payment” and typically assigns one review per month to its reviewers. As part of the application process, they expect you to be prepared with sample reviews you have read and written, each comprising at least 300 words of quality content.

16. Online Book Club.

One of the best ways to make money by reading books is by participating in book reviews through certain platforms. For your initial review, you may not receive monetary compensation, but you’ll receive a free book, which is still a great perk.

However, once you’ve completed your first sample book review, you become eligible for paid book review opportunities, with earnings ranging from $5 to $60 per review. The sign-up process is hassle-free; simply enter your email address and register.

Within minutes, I signed up and received a free book. After downloading the book, you have an hour to confirm it and submit your review within 14 days to start earning money for your book reviews.

Miscellaneous Ways of Making Money by Reading Books

These two are still great, but they didn’t fit neatly into the other categories of the best ways to make money by reading books. Hence, they get their own category.

17. Create a paid book club.

For this one, you just need friends (or a social circle). Pick a book, create some buzz, request a small payment for organizing, and set up a book club.

I pay $5/month for membership to my local book club, and I consider it money well spent. Once a month, I get an evening with pals, talking about a book. I didn’t have to organize it at all. The organizer, Alice, earns between $25–75 a month depending on how many folks come.

This won’t make you rich, but it is a great way to make money reading books because you’ll get to read books you actually love and are excited to read. Plus, you get to hang out with friends.

18. Join apps that pay you to read.

Apps like Booksta claim to let you “get paid to read.” Sounds promising! This was the only “read and earn money” app I could find.

The way it works is you read a book, take a quiz on Booksta, and then earn Booksta coins based on your score.

Booksta coins are valued at $5/coin. There’s some confusion on the site about whether the coin is actually transferable to real USD, or whether it’s simply a guess for what that coin will be worth once it’s all “on a Blockchain platform as a currency.”

I’m leery whenever I see the word “Blockchain,” but don’t let my suspicions hold you back!

Conclusion

The Best Way to Make Money by Reading Books Doesn’t Exist (Yet)

In my dreams, there is a future utopia. In that future, I read the books I want comfortably, and earn a living wage by doing so. However, we are not yet in that utopia. Today, the main best ways to make money by reading books are:

  • Posting content on social media
  • Getting freelance gigs editing, designing, or proofreading
  • Submitting reviews to paid platforms
  • A few other rogue options like starting a paid book club or trying out novelty apps

Maybe one day my utopia will exist. Until then, I hope this article helps you find the best ways to make money by reading books.

FAQs

  1. Can I really make money by reading books on social media?
    • Yes, many book lovers are making money by sharing their thoughts on books through platforms like TikTok, BookTube, and Bookstagram.
  2. How much can I earn as an audiobook narrator?
    • The earnings can vary, but it can be a lucrative endeavor, especially if you have a pleasant voice and can attract a substantial audience.
  3. Are there any unique platforms to submit book reviews for cash?
    • Yes, platforms like Booklist, The US Review of Books, Reedsy, Bookbrowse, and Online Book Club offer payment for book reviews.
  4. Can I make money by creating a paid book club?
    • Yes, organizing a paid book club can be a great way to make some extra money while discussing books you love with like-minded individuals.
  5. Are there apps that have best ways to make money by reading books?
    • Some apps claim to reward readers for their time and participation, but it’s essential to research them thoroughly before investing time and effort.

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