Have you heard of apps that earn you money?
Sounds too good to be true?
Well, it is no surprise that in most cases it is.
But there are some ways you can actually get some income.
EARN MONEY WHILE PLAYING GAMES
We have probably all seen the advertisements about games that you play and earn money while doing it.
These apps earn money on the ads you watch and you get rewarded for watching.
The money you “earn” goes to your PayPal account (or equivalent) but there is usually a minimum amount you need to reach in order to cash out.
Sounds good, right?
Well, there’s a catch.
The rewards get lower and lower and are soon close to 0.
The limit to cash out is practically impossible to reach unless you are truly stubborn and viciously continue to play for like 6 months and watch a ton of ads until you get lucky and they let you cash out your reward.
There probably are some rare individuals that actually get paid, but most just don’t.
Oh, and be careful on reading the terms and conditions on which personal data they collect from you.
So these ones, I personally would pass.
ONLINE SURVEYS APPS
Most online surveys don’t pay much, especially if you take into account how much time they take from you.
Some apps don’t pay money but reward you with coupons.
The amount of available surveys and the amount they pay also depends on where you live and if you fit the target population.
Though it is a way of getting some pocket money, don’t expect to get rich from doing online surveys.
CASHBACK APPS
Cashback apps are also not a big source of income but they do help you save some money on your purchases.
You can usually get up to 15% cashback which you can use for your next purchases, some offer coupons or some other form of reimbursement.
If any, it is definitely smart to use these.
INVESTING AND TRADING APPS
There are many apps that offer investing in stocks, even in fractions of stocks, cryptocurrencies, forex, metals … and some of them even don’t take fees.
If you would like to get into the world of investing, I would suggest you start with the ones that allow you to either practice or trade with small amounts.
Before you download an app, make sure you read the reviews, check the forums, and read the terms and conditions carefully.
These are the main types of “cash-paying” apps.
But there are also many apps that combine the features.
I intentionally do not recommend any specific apps as they might not work in the country you live in.
If you would like to try some of them out, just go to the Play Store or App Store and put in the titles above.
You will get many different apps to choose from, but make sure you read the reviews and do some additional searches on what the app is all about.