Plus, Graham Cochrane is a side-hustle whiz. After a job loss in 2009, he now pulls in $160K/month from two businesses in passive income — and he shares how he did it. Also, Citibank wants you to stop getting paper bills and what to do if your laptop gets stolen.
Money tip: 7 apps that pay for your opinions and time
A little extra cash is always welcome, no matter your financial situation. You can use your free time to make money with little more than your smartphone and an internet connection.
Ever considered being an online juror? How about testing products and websites? If you’re a good listener, you can transcribe audio. Tap or click here for more exciting ways to make money from home.
Passive income apps are ideal for people too busy for more involved side hustles. You can spend as much or as little time as you want and supplement your income. We’ve put together some apps for you to check out.
1. QuickThoughts
QuickThoughts is an app for Android and iOS devices that rewards you with iTunes gift cards for taking surveys and polls. There are thousands to choose from, ranging from quick tasks to longer questionnaires encompassing hundreds of topics. You can select one on the go or use your location to find GPS-based activities, such as restaurant reviews.
Rewards are immediately added to your account balance when you complete a survey. Each survey rewards up to $3, and local activities pay up to $5. Once you hit your first $10, you can redeem it for a gift card. The amount you earn from surveys matches the gift card’s value. There’s no limit to how much you can redeem.
2. InboxDollars
InboxDollars pays you to complete surveys and polls, search the web, watch videos, read emails, complete offers, play games and shop online. The Android app offers all these options, while the iOS app is limited to surveys.
Once you reach $30 in your account, you can redeem it for a check or gift card. You can also have the money sent to your PayPal account. There’s a $5 signup bonus for new users. InboxDollars is available for Android and iOS devices.
How to make money from your car, home, RV and other stuff you own
We could all use a little extra money, but who has the time to pick up a part-time job? The solution is simple: Make passive income by renting stuff you have. Use these apps to earn money without working.
This peer-to-peer marketplace app helps you make money by renting trailers, home improvement tools, adventure gear, heavy equipment and other products you aren’t using. Whenever you list an item, the Equipment Protection Plan covers you against damage and loss for up to $25,000.