Nowadays, in the hustle and bustle of life, people are constantly seeking novel ways to generate additional income. Among the numerous options to earn money online, passive income apps are one of the most lucrative ones as they offer a steady stream of earnings with minimal exertion on your end. These are the six essential apps that you should try for easy passive income.
Google Opinion Rewards
Share your thoughts and reap the benefits with Google Opinion Rewards. Without revealing your identity, you can effortlessly earn some extra cash by responding to brief surveys about your preferences and dislikes. Once you’ve accumulated credit, you can put it to good use on the Play Store to purchase anything from music downloads to gaming or productivity apps, TV shows and movies, and even eBooks.
Google Opinion Rewards keeps you in the loop by sending notifications when new surveys become available, and you can also check for surveys within the app. The amount of credit you earn per survey depends on the survey’s length and complexity, and the credits are valid for up to one year.
Acorns
With Acorns, even your spare change can make a substantial impact on your investment journey! This micro-investing app automatically invests your rounded-up purchases into a diversified portfolio of stocks and bonds, generating passive income as you go about your daily transactions.
The app offers a variety of customized portfolio options that cater to different risk tolerances, ranging from conservative to aggressive. Whether you’re aiming to save for retirement or to diversify your investment portfolio, this app is a one-stop solution for achieving financial prosperity! Gain access to tailored investment recommendations and educational resources that will enable you to make informed decisions, leading to long-term financial growth through passive profits.
Honeygain
Honeygain is effortless money making app to earn passive income by merely running the app on your smartphone. The app operates silently in the background, sharing your idle internet bandwidth with its clients. This shared bandwidth is utilized for various purposes such as ad verification and price aggregation, and you get rewarded for it accordingly.
For every 10 MB of shared traffic, you receive 3 credits, and $1 equals 1000 credits. Once you’ve amassed credits worth $20, you can request a payout to either your PayPal account or your crypto wallet. If you opt for the crypto payment, you’ll receive the payout in JumpTokens (JMPT), a cryptocurrency generated by JumpTask (a platform similar to Swagbucks) and a partner of Honeygain.
Rakuten
Rakuten, previously known as Ebates, is a cashback app that offers rewards for online shopping at more than 2500 affiliated retailers. With just a few clicks, you can earn cashback on purchases made at major stores like Amazon, Walmart, and Target – without any extra effort.
Your accumulated cashback is paid out every quarter as a check or via direct deposit to PayPal. Although there’s no flexibility in selecting when you receive your rewards, the benefit of earning passive income by doing routine shopping outweighs this minor inconvenience.
Dosh
In the ever-expanding world of cashback services, Dosh stands out for its simplicity. Unlike other apps that require you to take pictures of receipts, Dosh allows you to earn cashback effortlessly. Simply connect your debit or credit card to the app, and the portion of your purchase will be credited back to you in no time.
In addition to its extensive network of affiliated retailers, Dosh provides cashback opportunities for various travel agencies, restaurants, gas stations, and more. This means that whether you’re planning a vacation or treating yourself to a fancy dinner, you can earn passive income with ease. However, since linking your credit/debit card is necessary, Dosh isn’t ideal for those who prefer using cash.
Sweatcoin
Stay active and earn rewards with the Sweatcoin app. This fitness and passive income platform tracks your daily steps using your phone’s GPS and converts them into digital currency that can be used in its vast marketplace. Participate in challenges and competitions to earn more Sweatcoins while keeping yourself motivated to stay active.
Sweatcoin has collaborated with several top-tier brands, such as Nike, Amazon, and PayPal, enabling you to redeem your Sweatcoins for products and services from their online stores. The app also offers numerous methods to earn extra Sweatcoins, such as by referring friends or upgrading to a premium membership.
If you wish to indulge in passive income, these are the apps to start with. Needless to say, there are more of them, but by using the aforementioned ones, you should understand the scope that these apps have. From making small investments to earning money while walking around, there are options available for everyone. The decision to make here is whether to use just a few of them or all of them at once for the biggest gains.