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Tuesday, 3 September 2019

Best Money Making Apps for Your Smartphone



Need some extra cash? In this article, we’re sharing the best money making apps to help cushion your wallet.

Do you spend a lot of time on your smartphone? I know I do. Seems like I’m not the only one.

For a lot of us, our phone is a permanent fixture in our hand or pocket, and whenever we have a moment of idle time, we check it for messages, emails, social media, or we’re sucked into a pointless game with endless levels.

In fact, according to a recent study from Britain’s Nottingham Trent University, the average young adult now spends nearly 5 hours a day on their phone.

Crazy, right?

What if, instead of wasting time on your iPhone, you could actually make some money instead?

As it turns out, there are a ton of money making apps out there that allow you to work online — more than you might expect. 

Whether it’s money deposited directly into your PayPal account, getting free gift cards to your favorite retailers, or cashback on all your purchases, companies are eager to get new app users — and they are willing to pay you! If you’re going to spend one-third of your waking hours on your phone each day, it can’t hurt to make a little extra money while you’re at it.

I recently decided to give a few of the most popular money making smartphone apps a try. I figured it was worth a shot, given my recent Candy Crush addiction. Something had to give!

Best Money Making Apps for 2019

This list of best apps to make money using your phone is broken down into the following categories:
  • Money Making Survey Apps
  • Cash Back and Receipt Scanning Apps
  • Apps That Pay You for Simple Tasks
  • Best Apps for Selling Stuff
In the process of trying out these apps, I did come across a few duds that I decided to leave off the list. Choose from this list, and you won’t end up wasting even more time with the apps that are glitchy, hard to use, and under deliver.

This list has only the best apps for making money. You’ll find money making apps for Android phones and also money making apps for iPhone.


Money Making Survey Apps


1. Swagbucks – $10 Bonus

Without a doubt one of the best money making apps out there, Swagbucks allows you make money using your phone in 6 different ways. Plus you can get a free $10 just for signing up.

Swagbucks allows users to earn SB Points by watching videos, taking paid surveys, playing games, searching the web, or shopping online. You can then redeem your SB points for cash deposited directly in your PayPal account or by claiming gift cards to one of over 1500 retailers (like Walmart or Amazon).

The best part is that there is no limit to how much you can earn. You’re not going to replace your full time income from it, but if you use Yahoo! as your browser, play a few games and take a few surveys, there is no reason you can’t boost your income by at least $100 each month. With an A+ rating with the BBB and over $166,000,000 paid to members to date, there is no reason not to try one of the highest paying apps out there.

2. InboxDollars – $5 Bonus

As the name suggests, InboxDollars will pay you for opening and skimming emails and answering simple surveys. There is also a $5 signup bonus.

InboxDollars works on a cash only system, so you don’t have to worry converting points to cash or only being compensated in gift cards. And according to their website, they have paid out over $57 million to users who have completed surveys over the years.

After my initial $5 bonus, I found that many of the surveys did not pay out a ton of money, which was a bit of a bummer. Nonetheless, clicking around and answering questions can still net you a couple of bucks an hour, which is better than nothing. You’re going to be on your phone anyway, so you may as well download apps for money!

3. MyPoints – $10 Bonus

Want $10 for a few minutes of your time? MyPoints is one of those money-making apps that bribes users to sign up by offering $10 cash for new users. But that’s not where it ends.

By installing the app, and using on a regular basis, users accumulate points that they can exchange for cash, gift cards or physical gifts. Its basically a rewards program for your phone…and that is exactly how you should look at it.

These money making apps are not get rich quick schemes. Their purpose is to add a few bucks to your bottom line each month by doing things you’re already doing.

And while there are people out there obliterating my earnings, I usually manage to earn just under $50 in gift cards each month (PayPal all the way for me). That’s $600 a year I save by letting my phone roll through videos and mindlessly completing surveys while I watch T.V. Think of what you could do with an extra $600. You can sign up here with your email address and then download the mobile app.

4. Pinecone Research

The thing about many survey apps is, they can be a major time suck for almost no reward.

That’s why I love Pinecone Research. Each survey pays a flat $3, and they’ll often match you with surveys that match your interest and demographics.

Cash Back and Receipt Scanning Apps


5. Rakuten – $10 Bonus

You’ve probably heard of Rakuten (formerly Ebates) before for desktop, but they also have a mobile app. What I love about Rakuten is how easy it is to use, and its generous payout policy.

All you have to do is shop at the stores you love (either online or in person), and you get cash back on your purchases. If you take advantage of special events, holidays, and promotions, you can earn up to 12% back in some cases.

All you have to do is log-in to the app and search the retailer you’d like to shop with. You’ll go directly to their e-commerce store and start collecting rewards automatically when you buy. You have the option of redeeming those rewards as cash, gift cards or a PayPal deposit. 

Cool thing is, this is on top of any discounts/coupon codes you already have.

Better yet, they’re offering new users $10 just for signing up. Here’s our full Rakuten review.

6. Ibotta – $10 Bonus

Ibotta is yet another of the money making apps you’ll see on this list that revolves around cashback shopping.

But unlike some of the others, Ibotta has become immensely popular worldwide because it extends to grocery brands and it has an affiliate program that allows users to invite friends and make even more money.

You get $10 just for signing up, and they’ll pay you $5 more for each friend you refer.

Your earnings potential is unlimited. Not bad considering you’re helping your friends save money and handing them an extra ten bucks at the same time.

Check out our complete Ibotta review for more details on how to use this money making app.

7. Dosh – $5 Bonus

Dosh is a smartphone app that gives you cash back every time you make a purchase at participating outlets using your credit card.

Not having to jump through hoops to earn cash back is probably the biggest perk of Dosh. For instance, I’ve been getting cash back from Exxon each time I fill up my gas tank and I didn’t even realize it until recently. The money just gets added to my Dosh account.

Just download the app, link your credit card (this is secure), then you’re off to the races. You can start shopping at participating merchants using your credit card and points will be added to your “Dosh Wallet” straight away. Once your balance reaches a minimum of $25, you can cash out via Direct Deposit or PayPal.

8. Receipt Hog

This receipt app was the first one I tried, and still my favorite to this day. They don’t always accept new users, so check back regularly if you’re not able to sign up.

With this app, you can get credit for any receipt imaginable with the exception of restaurants and a handful of stores. However, you should still scan those receipts because you’ll be entered into monthly drawings.

Passive Income Money Making Apps


9. Acorns – $5 Bonus

If you want to start saving up for your future and investing for retirement, consider checking out Acorns.

This is a beginner-friendly investing app that can help you get started with investing using just your smartphone.

Better yet, Acorns is now offering a $5 signup bonus for new accounts opened. After completing your account registration, Acorns will deposit a free $5 into your account to give your investments a head start.

10. Nielsen – $50 per Year

Have you heard of Nielsen ratings for TV shows? Well, it turns out that Nielsen collects data on a lot more than just TV. One area they’re really into is internet usage research.

What does that mean for you? It means Nielsen will pay you $50 a year to keep their app on your favorite internet browsing device. The app itself collects statistics on your internet usage anonymously, so you never have to worry about any data being linked to you. The app takes up barely any space and doesn’t slow down your phone or tablet at all!

11. Stash

Stash makes investing simple. For most people that’s a good thing. If you’re a seasoned investor you may find the app too simple for your taste (but that’s kind of the point).

Stash does most of the work for you. You pick what you are interested in (like tech, or clean energy, or retail stores) and Stash can provide a user with diversified portfolio options. From there you can setup the app to pull a few bucks a week from your bank account and can start to grow your investing principle.

If you’re interested in investing, but have no clue to start, try starting with as little as $5 and let Stash do the rest. Better yet, Stash will spot you $5 just to get started.

*DollarSprout is a paid Affiliate/ partner of Stash. Investment advisory services offered by Stash Investments LLC, an SEC registered investment adviser. This material has been distributed for informational and educational purposes only, and is not intended as investment, legal, accounting, or tax advice. Investing involves risk.


12. Slidejoy

Slidejoy belongs on this list because it is without a doubt one of the easiest money making apps out there. I am not saying this because its going to make you rich. It won’t. But it will make you a cool $5-15 per month according to the developers.

So how does this money making app work? Per Slidejoy:

  • Upon turning on your phone, you will view an aesthetically pleasing ad on your lockscreen. Then,
  • You will have a choice to ignore the ad by sliding right and unlocking your phone
  • You will also have a choice to engage with the ad by sliding left. Upon sliding left, the phone will unlock and you will be directed to a destination specified by the advertiser (YouTube, advertiser website, Google Play, coupon page, etc.)
  • To prevent bias, you will make an equal amount regardless of whether or not you engage with an ad
  • Over time, Slidejoy learns your ad preference based off of your behaviors during different times of day and curates a more relevant user experience
  • You can cash out your earnings via PayPal/several gift cards or choose to donate it to charity
As long as you can put up with your smartphone’s lock screen being trending news stories or ads (which disappear when you open your phone), you’re looking at $180 a year (or more). Slidejoy says that as the ads get more catered to your interests, the payouts actually go up. They don’t say by how much but getting up to $200 a year shouldn’t be too hard. Not bad for selling your phones lock screen to the highest bidder (literally).

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