In case you hadn’t noticed, we’re always looking for ways to make extra money. From freelancing to becoming a social media influencer, there are endless opportunities to make a few extra bucks from home. One of the best ways to make money online is to take surveys.
Not familiar with surveys? Don’t worry, you’re not alone. According to Survey Junkie, a survey company that has been around for more than 20 years, 40% of Americans feel the same way. But, with the right information, you can become a pro at taking online surveys and can even make a full-time living from it. So what are online surveys and how can you make money from them?
Types Of Online Surveys
Depending on the kind of survey you complete, you may get paid different amounts. For example, some of the more common and newer survey sites like Survey Junkie and Swagbucks won’t even list the minimum pay you will make for each survey. But, you can average about $3 to $5 per day, according to Swagbucks. So if you do a little bit of research before signing up, you can find out how much you can expect to earn.
Also, keep in mind that the more surveys you complete, the better your chances of earning. Research has shown that people who regularly take surveys earn approximately $500 to $600 more per month than those who don’t. So, there’s definitely a financial incentive to complete as many surveys as possible.
How To Make Money With Surveys
Now that you know what kinds of surveys there are, let’s get into how to make money with surveys. There are four simple steps to succeeding as an online surveytaker:
Step one: Sign up for a survey panel
To begin, you will need to sign up with a survey panel. There are several reputable survey panels out there, but if you want to make the most out of this opportunity, it’s important to find a panel that fits your needs. For example, if you are looking for short-term income, you might want to try a survey panel that pays you weekly. Or, if you want to do some long-term investing, you might want to try a survey panel that pays you monthly.
In addition to deciding which panel you will join, you will also need to decide how long you plan on taking the surveys for. The shorter the better. You don’t want to commit to taking surveys for a certain number of weeks or months, especially if your goal is to earn passive income. Plus, the shorter the better when it comes to maximizing your earnings. It’s all about getting as many surveys done as possible in the least amount of time.
Step two: Start taking surveys
Once you are signed up, you will be presented with a series of surveys to complete. Some of these surveys are quick and easy, while others can take a little longer. But, don’t worry, you will earn money fast and you won’t have to do all that much. Just be sure to take the time to complete these surveys. It’s a good idea to set a time limit for yourself when you sit down to complete a survey. For example, you might set a timer for 15 minutes and then work on that survey until the timer goes off. This will help you avoid distractions and ensure that you get as much done as possible in the shortest amount of time.
Also, take note of how each survey is conducted. Some panels ask you to enter a coupon code or use a promo code that is provided. Other panels are completely automated and don’t require you to enter any information. You will need to ensure that you enter the correct answer to the question, though. If you get a question right, you will earn a small amount of money, usually less than $2. But, you can also earn $5 or more with some surveys. Just be sure to keep taking surveys from different panels so you can earn as much as possible.
Step three: Keep taking surveys
Once you have started taking surveys, it’s a good idea to continue doing so. The longer you stay signed up with a survey panel, the more opportunities you will have to earn. So, don’t stop taking surveys even if you don’t make any money. It’s a good idea to set a “saving” account just for paying bills and such. Then, if you do decide to stop taking surveys for a while, you won’t lose any money because it will still be in your account. You can also use this money to pay off bills or invest in a new business. Just make sure to sign up again when you get back online so you can continue earning.
Step four: Build a portfolio
At this point, you will have taken a number of surveys and will have some money in your account. You can then choose to either keep it there or invest it in a portfolio. If you decide to keep it in your account, you can then choose to either use it to pay off bills or save for future investments. Saving is also a good idea due to the unstable nature of many money markets. So, even if you don’t need the money right now, it might be a good idea to put it away for later.
Now that you’re equipped with the basics of making money with surveys, you can start looking for ways to make money from home. You can use tools like Survey Junkie or Swagbucks to find paid surveys that fit your needs. And, if you want to get really creative, you can use your talents to create online surveys or “pen-tests” for payment. Just remember to keep things legal and above board. You can’t just go around asking people to pay you for taking surveys. That’s illegal. However, if you offer your services as a market research or survey taker, you should be able to find clients who will pay you for taking surveys. If you want to find out more, here are a few reputable sites that offer valuable information about making money online: