Complete Online Surveys
It might sound too good to be true, but you can earn extra cash by completing surveys online.
Many companies pay people to participate in surveys for general market research and consumer behavior analysis. These surveys help companies make business decisions, like what types of products to launch or where to publish advertisements.
However, not everyone can do online surveys. Take a look at some of the reasons why:
- Limited demographic. Some surveys only target specific groups of people, such as their gender, age, or occupation.
- Low pay. Many online survey sites use a point system. You’ll accumulate points after completing surveys and can only cash out after reaching a certain earnings threshold. For example, you can make money for $0.50-$3/survey. However, unless you reach the earnings threshold of $10-25, you won’t be able to cash out.
- Time-consuming. Due to the payout systems of most survey sites, you’ll have to dedicate a lot of time to see real returns. Some surveys can take up to one hour to complete.
- Not for the long-term. Unlike other online moneymaking methods in this article, you won’t be able to transition this into a full-time job for the above reasons.
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