This is where it can all go downhill quickly. In the pressure to make as many pennies out of a nickel, a lot of research corporations will not just sell your answers but the data associated with it. Details that you provide when taking paid surveys such as your name, address, age range can all be attached together quickly to fulfill a lot of larger companies' requests for information (RFI).
He is also diversifying his investment portfolio by adding a little bit of real estate. But not rental homes, because he doesn't want a second job, it's diversified small investments in a mix of properties through RealtyShares (Fundrise if you're not an accredited investor). Worth a look and he's already made investments that have performed according to plan.
Satrap is not a financial advisor & MoneyPantry.com is for entertainment & educational purposes only. Material shared on this blog does not constitute financial advice nor is it offered as such. As mentioned in our Disclosure page, MoneyPantry may have a financial relationship with some of the companies mentioned on this site, including Credit Card providers, and as such it may be compensated with a referral/commission fee. All trademarks, registered trademarks and service marks mentioned on this site are the property of their respective owners.
You won't get rich doing these things but it's legitimate and you'll get paid in the end. For example, you get a penny for each email you click. You get a penny for a video stream. You can earn dollars for fulfilling offers but those aren't nearly as quick as reading an email. They are upfront in what you get paid so you can decide if it's worth it.
The surveys are based in target demographics. You DO get kicked out of slit of them. If you are 25-40 with a kid in a house and white you will find more of them want your opinion more than the next person. This is the target group. So people who make real money at this fall into that group naturally and do not know why the rest if us can’t make money doing this.
We've tested hundreds of sites where you can take paid surveys for money and we've found that Swagbucks by far is our #1 pick. They've been around for years and have a solid track record of paying their users. Plus, we also like that they offer opportunities to get paid for doing things other than surveys, like signing up for offers or shopping in their portal.
They used to be cash-only, but in 2013 they switched over to a points system. Panelists can share their opinions in surveys and complete other various offers in exchange for points. 100 points is equal to $1, and most of their surveys pay up to $3. Survey topics are diverse and cover a variety of different topics. Pinecone Research is unique in that they emphasize consumption related surveys more than other panels.
In the middle of all of this is a new breed of research corporation that relies on you – the survey taker – to determine this information. For your time? Many survey companies will pay you to take surveys for money or for other cash alternatives like gift cards or physical prizes and rewards. It depends upon the company as to whether they'll offer money or other offers and special deals.