Amanda Page had serious student debt—$48,000, to be exact. She was working as an adjunct professor at a couple of different colleges, trying to piece together a full time teaching career, and she wasn’t making enough to tackle what she owed. So she started supplementing her income with side hustles like freelance writing, working as a temporary receptionist, and grading math exams online. As she dove into debt and frugality blogs, she came across a new gig: taking paid surveys online.
Cashback shopping: Who doesn’t love getting cash back? It's a great incentive for shopping because it feels like you're being paid to do so. It's usually best to use the offers only when you were already intending to buy the product. If you love saving money at discount stores or at places that offer cash back, there are a lot of survey sites out there that will open a lot more offers to you. Survey sites can offer cash back because they're paid a portion of the profit for referring you.
This is where it can all go downhill quickly. In the pressure to make as many pennies out of a nickel, a lot of research corporations will not just sell your answers but the data associated with it. Details that you provide when taking paid surveys such as your name, address, age range can all be attached together quickly to fulfill a lot of larger companies' requests for information (RFI).
CashCrate is a great site pairing traditional surveys with a range of unique deals that can help you make money online. After signing up with a few details and filling in a brief survey for your profile, so CashCrate can identify some basic demographics, you’ll be awarded your first 25 cents and be on your way to greater riches! The best deals and offers are available for US users, and the minimum earnings to have a payout from CashCrate is $20 – which they pay you and their six million users as cash.
Send Earnings may have to be satisfied with the twentieth and final spot in our table, but that’s still an achievement to be proud of in such a competitive market. There’s a good selection of surveys to choose from, which I always welcome, and you can grab your money and run once you hit the thirty dollar threshold. There are lots of other money earning options as well, but watch out for the ‘play games’ pitfall as it could end up costing you more than you actually earn.
The concept of data mining and profiting off that data mining isn't anything new. And while some companies engage in some rather disreputable practices to do this, Global Test Market seems to be doing just fine with the whole “consent to disclose” thing. More importantly, in some cases this may help you as some companies will offer to do more specialized product testing once they've identified you as their target demographic.
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How It Works: Swagbucks is a favorite of mine, as well as a favorite of many readers here. Not only do they offer a wide range of surveys that pay cash, but you can also earn points for the everyday things you do online like searching, shopping, and watching videos. In total, Swagbucks has paid out over $187 million in rewards. Even if you’re not interested in doing surveys, it’s still easy on the platform to earn decent money with what you’re already doing online today.
While there are no clear guidelines, ePoll surveys tend to revolve around the media and entertainment business. So younger survey takers and TV/movie watchers will probably enjoy ePoll more than some of the other demographics. With ePoll, you may be required to watch a commercial, or even a TV episode and then answer questions about it on the survey.
Return on Time – Is it an hour of your life for $2.00 or truly a fifteen minute survey? We find out if the Return on Time (similar to Return on Investment) pans out. Surely, some will be better than others for not wasting yours. Basically, we've evaluated not only how much you actually get paid to take surveys but also how long it takes to earn that cash
Design and pre-test questionnaires: Designing the questionnaire carefully and then pre-testing it before fielding it to your entire sample is crucial to getting data that are valid and reliable. For example, careful questionnaire design and pre-testing can help reduce the chance that respondents may interpret the meaning of questions differently. Future posts in this series will tackle these important steps in much greater detail.