Get Money with Online Surveys: It’s not surprising that online surveys are one of the most popular ways for people to make extra money in their spare time. After all, anyone can relate to the desire to earn money without much effort by simply sharing your opinion. But can taking online surveys in the United States really help you make that kind of money? Let’s explore this further.
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The Pros of Get Money with Online Surveys
The primary advantage of completing online surveys is adaptability. You can finish them whenever you have any extra time – while watching TV, riding public transportation, or standing by in a line. It just takes minimal work and no exceptional abilities. Certain survey destinations likewise give bonuses if you prescribe your companions to join or on the off chance that you finish a specific number of studies every day or week.
Another advantage is that it’s a real method to bring in some additional money. Survey organizations like Swagbucks, Survey Junkie, and Branded Surveys aren’t tricks. They truly compensate individuals to impart their thoughts and habits to them. The cash may not be tremendous, however it is genuine.
The Cons of Get Money with Online Surveys
The main issue with online surveys is that they don’t pay enough to earn a living full-time. The remuneration offered is usually extremely low and in many cases under the minimum wage. For example, a well known YouTuber determined that Swagbucks, Toluna and InboxDollars offer a wage of 89 cents, 71 cents and 41 cents per hour respectively. Even if you spend multiple hours each day taking surveys, the earnings will still be pretty low.
Another issue is that you will need to meet certain requirements to qualify for surveys and get paid. Most surveys are made for specific demographics and this means that you could get disqualified after spending time on answering the pre-questions. This can be annoying and it wastes your precious time.
Moreover, there are privacy concerns with providing personal info on survey websites. Although good companies might implement privacy policies, there’s still a chance that your data might be exploited or hacked by some criminals. A warning from this YouTuber indicates that by creating a profile you basically sell your demographic info to companies that are looking for such information.
How Much Can You Earn From Paid Surveys?
Earnings are highly variable based on how much time you dedicate and how many surveys you qualify for. Swagbucks estimates that most members earn $1-5 per day, which would be $365-1,825 per year. Though, a tiny fraction of “power users” actually make considerably more.
Survey Junkie suggests you can earn up to $40 per month if you take 3 surveys per day. But that’s still only $480 per year. And it would take a lot of dedication to complete that many surveys consistently.
Most individuals earn much less than that. A Bankrate article cites hourly rates of 40 cents to $2 per survey on Swagbucks, with occasional chances to earn up to $50 per survey. But that high end isn’t common.
Tips for Making the Most of Online Surveys
If you do decide to try online surveys, here are some tips:
- Sign up with multiple reputable sites to increase your earning potential
- Be selective and skip low-paying surveys with high time requirements
- Create a dedicated email account to avoid cluttering your main inbox
- Cash out your earnings frequently rather than letting them accumulate
- Manage your expectations – surveys are best for earning a little extra, not a full income
Conclusion
Online surveys are definitely a legitimate method to earn some extra money in your spare time but they certainly have their limitations. The compensation rates are extremely low. Typically below minimum wage. You will certainly never make a living doing surveys. Even earning few hundred dollars per year is stretching it without dedicating lots of time and effort. There are also privacy concerns with divulging personal information.
If you likes sharing your opinions and you have spare time on your hands, then doing online surveys could be fun way to earn some extra money but don’t expect to become rich or even earn a live able income. For majority of people the time and effort put in just is not worth it.