There are myriad ways in which individuals can make a little extra cash each week, but few compare to the speed, ease and consistency of paid online surveys. Making money online should always be a spare-time type of activity, and surveys might be the only ones which fulfill this requirement time and time again - no matter how long an individual chooses to participate in these programs - while the opportunities to have a little extra cash in your pocket should be savory.
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Before we go any further, let’s talk about the difference between active income and passive income. This distinction will be paramount to your ability to produce serious capital on the web. So what is passive income? Passive income, if you don’t already know, is income that’s earned automatically. It doesn’t require much maintenance once that income stream has been created. However, it does require an enormous amount of effort at the outset to establish that stream of income.
The site will even allow you to monetise your internet searches, if you swap from Google or Safari to their own search engine. The Swagbucks search engine, which is actually running Yahoo, will pay you Swagbucks every time you search. For games, there are options like Scrabble and Wheel of Fortune, which won’t pay you much, but could be worth a go if you fancied playing a game anyway! Swagbucks TV allows you to watch advertising videos on a range of topics, including news, fitness and entertainment. There’s a snag – your earnings are capped at 150 Swagbucks, but it is worth a look if you’re prone to wasting time watching viral clips.
To create a podcast, you can check out Pat Flynn’s course here. He even has a free 3 day mini-course which is really great for new podcasters. When you’re first starting out, you may not be interviewing people, but as you grow it’s a good idea to get into that format because it’s proven to work. But that doesn’t mean you can’t make a great podcast in your own format. The key is to be passionate about a topic and to just dive in and get started in podcasting.
For example, iStockPhoto.com, owned by Getty Images, requires you to apply to be a contributor. You can submit Photos, Illustrations, Video and Audio but you will need three samples of your work. If accepted, you'll be paid a 15% commission for each file downloaded and if you agree to be exclusive. If you make iStock your exclusive royalty-free agent, you can earn up to 45% with additional attention.
As well as using your laptop, you can fill in MySurvey forms on the move by using their app available for both Apple and Android phones. This is perfect because surveys should really be about filling time, rather than dedicating particular time to them, so being able to pass time in queues or while commuting and simultaneously make money is very appealing.
Since time is the most precious commodity on this earth, invest the time at the front-end so that you can reap the benefits on the back-end. This means putting in a bit of sweat equity and not getting paid today. Rather, you'll get paid somewhere down the road. And you'll continue getting paid whether you keep building that passive income stream or you stop. It's obvious that this is the preferred route, but clearly the road less traveled.
26. Services – You can offer a paid service, such as life coaching, blog coaching, goal setting or financial planning. Just be sure to investigate all the legal implications and make sure you’re not claiming to be a professional if you’re not one. With a service like this, you’re basically using your blog to sell yourself. You’ll need to convince people that you’re worth buying and then be able to back up your claims once they purchase your service.
I do surveys with Pinecone, and yes they do have points now for the surveys, but you can still use the points for cash. Each survey gives 300 points and 300 points is equal to $3.00 if you use the cash option. The cash option is under the “featured” part of the rewards page. I never had to change anything and when request the cash from points, it’s still sent to my paypal which is how I had it set up before, even though it goes through confirming your address. I haven’t looked much through other rewards offered, but from what I’ve seen they look pretty decent.
But don't make the mistake of thinking this will be a passive source of income—you're on call whenever you have a guest and you'll always need to keep the place clean for incoming visitors. On top of just renting on Airbnb, consider offering your guests paid add-ons, like Lauren Gheysens', Royal Day Out in London, England—where she gives visitors a local's only tour of the city, complete with bespoke 18th century costumes.
But for the most part, you’d want to create numerous blogs under very specific topics and then design each of them and grow them to earn money. In our Beginner Blogger Course, we also cover how to easily design a professional looking site quickly using Thrive Architect. Once you have your blog set up and running, you can install this plugin and it will allow you to drag and drop your design.