Statistics show that the average user of a smartphone spends 3+ hours on their device every day – and the absolute majority of this time is spent on various mobile apps. It’s understandable: these days, you can do everything on an app, including but not limited to shopping, banking, and dating. But did you know that mobile apps can also help you earn?
Naturally, money-making apps aren’t going to help you become a millionaire or even quit your 9–5 anytime soon – and yet, they can be a nice way to earn some money on the side when you have a minute or ten to spare. Below you’ll find 5 ways to make money with mobile apps in your spare time!
A lot of apps pay you for watching short videos, such as ads or trailers. This might get a bit boring and repetitive, but hey – you don’t even need to pay attention to the videos: what the app (or rather, the ad provider) cares about is the number of views. However, if you do decide to watch, you can discover interesting apps or games that you might have not come upon otherwise, so it’s a bit of a win-win!
With apps like Swagbucks, you get rewarded in points for every video you watch, and you can later exchange them for cash or gift cards for various retailers (including massive ones that you probably already shop with, like Amazon).
This is arguably the most popular way to make money with mobile apps. There are dozens of market research companies that help businesses to get to know their target market – and surveys are inseparable from that. If you’re someone who has an opinion on everything, this is a great way to turn it into an extra side of income!
We must note the availability of surveys varies in different locations: it depends on the markets the companies are targeting and looking to sell their products/services to (for example, a company that sells Christmas decorations is not likely to target countries that don’t celebrate it). Spending power also matters – and because of this, an US resident is likely to make more money than someone in, let’s say, Portugal.
Invest in stocks/cryptocurrencies
The idea of letting your money earn more money is definitely not new – but mobile apps add a modern spin to it. Whether you choose to invest in cryptocurrencies or stock markets, you can have all the exchanges and all the information you need in your pocket, and you can be aware of how your portfolio is doing at any given moment.
Just don’t forget investments always come with a certain risk: the value of your tokens or your shares can go down as well as up! Don’t get into investing if you’re not willing to spend quite a bit of time doing your homework and understanding the way the markets work – and don’t invest more money than you could afford to lose in the case of failure.
While not everyone is aware of this way of making money using mobile apps, it is definitely the most effortless one. With Honeygain, you only need to sign up, download the free app, and leave it running on your phone (or tablet/computer, for that matter). From there, the app will share your excess internet bandwidth, generating you passive income – all without you ever lifting a finger.
Honeygain, which already has users in 150+ countries, is available on Windows, macOS, Linux, Android, and iOS devices. Once you need to collect your earnings, you can choose one out of three payout options – PayPal, Bitcoin, or JumpToken. This is a great way to make the most out of your unlimited Wi-Fi or data plan: why couldn’t it pay for itself?
Some people would argue that cashback is not technically making money – and we do get their point. However, you need to do your shopping anyway, so why not take the chance to get some of the money you spend back? Apps like Ibotta allow you to get cashback for both shopping with selected online retailers (via the mobile or using a browser extension on your computer) and for uploading pictures of the receipts you get in physical stores. The fuller your pocket, the more fun you can have with it!
Mobile apps are incredibly versatile these days, so why not make the most of them? Replace pointless scrolling with making money online and enjoy additional earnings!