Passive income is the thing of the future – and the future is today! Therefore, we have countless money apps out there that claim they can help you earn a passive income.
With so many of them for you to choose from, there is the chance that you’ll be caught in a scam or even worse – in the case of an app that requires a deposit and gives nothing back to you.
That’s why, today, we’ve prepared a list of five trending money apps that can actually help you earn a passive income. Keep in mind that, while most of them just require you to do some daily things, some of them will require an investment – after all, passive income is easily earned with a proper investment.
Without any further ado, let’s see the five money-making apps you have to check!
Surveys on the Go
If you feel like no one around you is listening to your opinion, then you can get paid by people online to give them that opinion – it doesn’t matter what’s about; you have the chance to a word in popular events, entertainment, politics and much more.
What’s even better is that once you hit the $10 mark, the money will be automatically transferred to your PayPal account.
Do you like shopping? Would you also like to get some of your cash back while shopping in your favorite stores, such as Groupon, Dick’s, and Sephora? Well, all you have to do is register with Ebates.
This app pays you cash back every single time you make a purchase at their preferred retailers – you can also use the app to look at the daily deals and find the item that you really want to buy for a discount price as well.
This is one of the apps that requires you to invest some of your money in order to earn more. The Acorns app will let you choose an investment that can be rated with one out of five levels of risk.
Naturally, the highest risk will be the one that’ll pay you more. Reportedly, the average investor on Acorn contributes around $60 a month. Of course, the earnings may be high – and very much passive as well – but if your investment fails, you will lose your money.
Yet another online rewards club, Inbox Dollars lets you choose out of a plethora of activities in order to earn some cash. You have to put little to no effort in when using this app and, while the rewards may seem low, you could find yourself with an extra couple hundreds of dollars in your account in a couple of months or so.
The income may not be entirely passive – but given the fact that you can choose which activities to complete, you’ll be doing the things you like while also making some cash.
Swagbucks is another online rewards club that will award you with points for every activity that you do on their website. It does not pay in cash, but the points can be exchanged for coupons that can be used on Amazon or in Walmart.
It’s true, the income you earn cannot be used just as you like it, but who wouldn’t like to use a coupon when purchasing something from Amazon rather than their own money, right?