Is It Possible to Earn Money Through Apps?
Are you tired of living paycheck to paycheck and feeling like there’s never enough money to go around? What if I told you there was a way to earn extra cash simply by using your smartphone? No, it’s not too good to be true. In today’s world, there are numerous apps that make money on top of your regular income.
Whether you want to fund your next vacation, pay off debt, or just have some extra spending money, these apps can help you achieve your financial goals. So why not put your phone to work and start earning some extra cash today?
We´ve created this list with diverse app categories that can help you earn some extra cash. From participating in market research to completing gig economy tasks on-the-go, there’s something for everyone on the list.
6 Types Of Apps to Make Money
- Survey And Market Research Apps
Earn cash by completing surveys and participating in market research studies with apps like SurveyMonkey, Typeform, and Qualtrics.
- Cashback And Receipt Scanning Apps
Get rewarded for shopping and uploading receipts with apps like Ibotta, Dosh, and Receipt Hog.
- Gig Economy Apps
Find short-term or one-time jobs in your area through apps like TaskRabbit, Postmates, and Uber.
- Investing And Trading Apps
Invest in stocks, bonds, and other assets, or trade currencies and financial instruments with apps like Robinhood, Acorns, and E*TRADE.
- Freelancing And Remote Work Apps
Connect with clients and employers looking for freelancers or remote workers through apps like Upwork, Fiverr, and Freelancer.
- Paid To Walk Or Exercise Apps
Get paid for tracking your physical activity with apps like Sweatcoin, StepBet, and Achievemint.
Make Side Money Easily with These 15 Apps in 2023
Survey And Market Research Apps
Survey Monkey among the most popular survey tools. It takes less than 30 minutes to complete a survey and offers an instant payment via gift cards or PayPal.
All you’ve to do is sign up and wait for email notifications from survey monkeys inviting you to participate in surveys.
Pros Cons Earning money or other rewardsYou have the opportunity to share your thoughts, opinions, and experiences with companies and organizations, which can help them improve their products and services.Learning about new products and services.Participating in a survey allows you to have a say in important decisions and shape the direction of companies and organizations. Surveys can be lengthy. It can take anywhere between a few hours to a few minutesSurveys involve sharing your personal information like name, contact details etc.Not all surveys pay well. Some are not worth your time.Sometimes participating in surveys may increase spam emails in your inbox.
- Android: 3.9/5
- Apple: 4.6/5
Similar to SurveyMonkeys, in Qualtrics you should sign up and wait for email invitations to participate in surveys.
Alternatively, you can search online for companies that use Qualtrics to conduct market research and reach out to them to inquire about paid survey opportunities.
Pros Cons Qualtrics is a professional survey tool used by many companies and organizations, so you can expect a higher quality of surveys and a more reliable experience overall.Qualtrics offers a variety of survey formats and customization options, so you can find surveys that match your interests and preferences.Because Qualtrics is often used by large companies and organizations, you may have the opportunity to participate in higher paying surveys. It can be time-consuming, especially if the surveys are long or complex.Some surveys may ask for personal information, such as your name, contact details, and demographic information. Not all surveys on Qualtrics are well-designed or objective. You may encounter surveys with irrelevant or biased questions.
- Android: 4.2/5
Similar to SurveyMonkey and Qualtrics, Typeform allows you to sign up on the app and sends you email notifications whenever there is a survey.
Pros Cons Typeform is a professional survey tool with a user-friendly interface and a range of customization options. Typeform offers a variety of survey formats, including online, phone, and in-person surveys, so you can find surveys that match your preferences and schedule.Potential for higher rewards. Participating in surveys on Typeform can be time-consuming, especially if the surveys are long or complex.Some surveys may ask for personal information, such as your name, contact details, and demographic information.Irrelevant or biased questions.
- Android: 4.7/5
Cashback And Receipt Scanning Apps
Ibotta is a cashback app that allows you to earn money back on purchases you make at participating stores.
To use the app, you can scan your receipt after making a purchase and receive cash back on eligible items.
Pros Cons It is easy to use. You can earn cashbacks with minimal effortIbotta covers a wide range of stores including major retailers, grocers and restaurants.Bonus opportunities on the app allows you to earn extra cashbacks on some purchasesYou have multiple redemption options like gift cards and charitable donations. The amount of cash back you can earn on each purchase may be limited, and some items may not be eligible for cash back at all.Some cash back offers on Ibotta have expiration dates, so you need to be sure to redeem them before they expire.To use Ibotta, you will need to provide personal information, such as your name and email address.Manually scanning a receipt can be annoying and takes effort.
- Android: 4.5/5
- Apple: 4.8/5
Dosh is a Cashback app that allows you to earn money on purchases you make at participating stores.
To use the app, you should link your credit or debit card to your Dosh account, and then make purchases at the participating store. You can redeem the cashback either in the form of gift cards or transfer it to your bank account.
Pros Cons Automatic cashbacks. You don’t have to scan receipts or enter the purchase manually.Dosh partners with a wide range of stores.In addition to cashback, dosh also offers other options like gift cards and charitable donations.Dosh offers a referral program that allows you to earn bonuses by referring friends. Cashback is limited. And some items may not be eligible at all.You need to share your credit or debit card information with the app to use the app.Automatic cashback options may not work all the time.Dosh takes personal information like name, contact details etc.
- Android: 4.5/5
- Apple: 4.7/5
6. Receipt Hog
Recepit Hog is a scanning app that allows you to earn rewards by uploading pictures of your receipts.
The app uses the information from your receipts to gather market research data, and in return, you can earn rewards such as cash or gift cards.
Pros Cons Receipt Hog is easy to use and allows you to earn rewards with minimal effort.Receipt Hog partners with a wide range of retailers, so you can earn rewards on a variety of purchases.In addition to cash and gift cards, Receipt Hog also offers other redemption options, such as charitable donations.Receipt Hog also offers other ways to earn rewards, such as participating in surveys and other activities. The amount of rewards you can earn on each purchase may be limited.To earn rewards with Receipt Hog, you must scan your receipt after making a purchase. This can be inconvenient if you forget to bring your receipt with you or if the store’s receipt scanning system is not working.To use Receipt Hog, you will need to provide personal information, such as your name and email address.
- Android: 4.5/5
- Apple: 4.7/5
Gig Economy Apps
TaskRabbit is a platform that connects people who need help with tasks and errands with local freelancers who can provide those services. You can potentially make money by offering your services on TaskRabbit and completing tasks for clients.
Once your account is set up, you can browse available tasks in your area and offer to complete them for a fee.
Pros Cons TaskRabbit gives you the flexibility to choose the task that you’s like to perform.The platform has a variety of tasks available, giving you diversity.The app allows you to set your own rates and earn a significant income.The app is a secure platform for both freelancers and clients. There may be high competition on TaskRabbit between freelancers.There can be unpredictable work volumes.Sometimes you may encounter difficult or unreasonable clients.TaskRabbit requires you to provide your personal details like name and contact info.
- Android: 4 /5
- Apple: 4.8/5
With Postmates you can become a part time “Postmate” or a delivery person. You will be responsible for picking up and delivering orders to customers using your own vehicle. To become a Postmate, you will need to sign up on the Postmates website and complete a registration process, which may include a background check.
Pros Cons As a Postmate, you can set your own schedule and work as much or as little as you want.You can potentially earn a significant income by completing deliveries for customers.The process for becoming a Postmate is relatively simple and straightforward, and you can start working as a Postmate relatively quickly.Delivering orders for Postmates can be a fun and interesting way to make money, as you will have the opportunity to interact with a variety of people and explore different parts of your city. To work as a Postmate, you will need to have your own vehicle and be willing to use it for deliveries.Making deliveries for Postmates can take a toll on your vehicle, and you may incur additional expenses for things like fuel and maintenance.To work as a Postmate, you will need to provide personal information, such as your name and contact details.
- Android: 4.2 / 5
- Apple: 4.8/5
If you own a car and have a driver’s license, you can sign up on Uber and become a part-time driver. However, you will also need to pass some background checks.
Pros Cons As an Uber driver, you can set your own schedule and work as much or as little as you want.Potential for high earnings.Easy to get started.As an Uber driver, you will have access to support from the Uber team, including a dedicated support line and in-app resources. As an Uber driver, you will be responsible for all vehicle-related expenses, such as fuel, maintenance, and insurance.You will be responsible for your own vehicle and any accidents or incidents that occur while you are providing rides.There may be competition for rides in certain areas, which can impact your earning potential as a driver.
- Android: 4.7/5
- Apple: 4.8/5
Investing And Trading Apps
Robinhood is a stock trading app that allows you to buy and sell stocks and other securities using your smartphone.
The app is designed to be user-friendly and easy to use, and it offers a range of features that can help you make informed investment decisions. Some of the features offered by Robinhood include real-time stock quotes, market news and analysis, personalized investment recommendations, and more.
Pros Cons Robinhood is designed to be user-friendly and easy to use, even for those who are new to investing.Robinhood does not charge commission fees on trades, which can save you money compared to traditional brokerage firms.Robinhood allows you to buy and sell a wide range of securities, including stocks, ETFs, and options. While Robinhood offers a wide range of securities, it does not offer all the investment options that may be available through a traditional brokerage firm.Robinhood does not provide investment advice, so you will need to do your own research and make your own investment decisions.As with any investment, there is a risk of loss when you invest through Robinhood. It is important to understand the risks associated with different investments and to only invest money that you can afford to lose.
- Android: 4 /5
- Apple: 4.2 /5
Acorns is a personal finance app that allows you to invest your spare change and save for your future. A unique feature about Acorn is that it works by rounding up your purchases to the nearest dollar and investing the difference into a diversified portfolio of exchange-traded funds (ETFs).
For example, if you make a purchase for $3.50, Acorns will round up to $4.00 and invest the remaining $0.50 into your portfolio.
Pros Cons Acorns is designed to be user-friendly and easy to use, making it a good option for those who are new to investing.It allows you to automatically invest your spare change, which can make it easier to get started with investing.Acorns offers a variety of diversified portfolios to choose from, which can help reduce risk and improve returns.Acorns offers a range of educational resources and tools to help you learn about investing and personal finance. Acorns charges a monthly fee for its services, which can eat into your investment returns.As with any investment, there is a risk of loss when you invest through Acorns. To use Acorns, you will need to provide personal information, such as your name and contact details.
- Android: 4.6 /5
- Apple: 4.7/5
Freelancing And Remote Work Apps
As a freelancer on Upwork, you can offer your services in a variety of fields, such as writing, design, marketing, and more.
Upwork uses a system of feedback and ratings to help clients choose the best freelancers for their projects, and you can increase your chances of getting hired by building a strong portfolio and positive feedback from previous clients.
Pros Cons Upwork offers a wide range of freelance opportunities in a variety of fields, so you can find work that matches your skills and interests.As a freelancer on Upwork, you can set your own schedule and work as much or as little as you want.Upwork allows you to set your own rates and negotiate with clients, so you have the potential to earn a significant income as a freelancer.As a freelancer on Upwork, you will have access to support from the Upwork team, including a dedicated support line and in-app resources. There may be competition for freelance jobs on Upwork, especially in fields with a high demand for services.Upwork charges fees for its services, which can eat into your earnings as a freelancer.You may encounter difficult or unreasonable clients, or you may have issues with payments or other aspects of the job.
- Android: 4.1 /5
- Apple: 4.6/ 5
Fiverr is a popular online platform that allows you to offer your services to customers around the world. Like Upwork it allows you to advertise yourself with great portfolios and positive feedback from previous clients.
Pros Cons You can choose when and how much you work, and take on projects that fit your skills and interests.Fiverr has a large and diverse client base, which can give you the chance to work on a variety of projects.It’s relatively easy to get started on Fiverr, as there are no specific requirements for education or experience.Fiverr handles payment processing and disputes, which can save you time and hassle. There are many other freelancers on Fiverr, which can make it tough to stand out and find high-paying work.Fiverr takes a percentage of your earnings as a commission, which can eat into your profits.As a freelancer, you don’t have the same level of job security as a traditional employee.You’ll need to handle your own invoicing, taxes, and other administrative tasks.
- Android: 4.6 / 5
- Apple: 4.9 /5
Paid To Walk Or Exercise Apps
Sweatcoin is a digital currency that you earn by walking or exercising outside. You can use it to purchase goods and services from participating merchants or save or trade it.
Pros Cons It provides you with an incentive to be more active.Sweatcoin offers a variety of goods and services that can be purchased with the currency, including discounts on products and services, charitable donations, and experiences.The Sweatcoin app includes a social component that allows users to share their progress and compete with friends, which can be motivating and fun. Not all merchants accept Sweatcoin, so you may not always be able to use it to make purchases.The value of Sweatcoin may fluctuate depending on factors such as the number of users and the availability of rewards.
- Android: 4.4 /5
- Apple: 4.6 /5
Stepbet is a fitness app that allows you to place bets on your own ability to reach step goals.
Here’s how it works: You can join games with other users and compete to see who can meet their step goals for a set period of time. If you meet your step goals, you’ll split the pot with the other winners. If you don’t meet your goals, you’ll lose your bet.
Pros Cons Stepbet provides an additional incentive for people to be more active, as there is a financial reward for meeting step goals.It allows you to join games with other users, which can be motivating and fun.You can choose your own step goals and how much you want to bet on them. If you don’t meet your step goals, you’ll lose the money you bet. To be successful with Stepbet, you’ll need to be consistently active over the course of the game.Stepbet may be more challenging if you’re just starting or you’ve mobility limitations.
- Android: 4.6 /5
- Apple: 4.8 /5
These apps are a way to earn some extra cash in addition to your main income. It’s important to use them safely and according to your needs. Be sure to do your due diligence before using any app.