Nowadays, the digital age has provided a unique opportunity for people to make money from their own home. With just your smartphone, you can gain access to apps that allow you to effortlessly generate passive income!
These simple applications offer an ideal solution if you are looking for ways of making extra cash on the side or developing a sustainable revenue stream. Here we’ve listed 4 powerful apps that will help kickstart your financial success!
Acorns
When it comes to earning money online, there are various ways to make some extra cash with minimal effort. One such method is the Acorns app, which offers a seamless way to invest your spare change.
Acorns works by rounding up your purchases to the nearest dollar and investing the difference. For example, if you spend $3.75 on a latte, Acorns will round up to $4.00 and invest the additional $0.25 into a diversified portfolio. This means that you can potentially earn passive income without even realizing it.
The app’s portfolio is created through a mixture of ETFs (exchange-traded funds that boast hundreds of billions in the market) selected based on your investment profile. This means that your portfolio is tailored to your specific needs, making it a great option for beginners who don’t know much about investing.
Dosh
Dosh is a mobile app that offers cash back on eligible purchases at thousands of merchants, including popular retailers like Target, Walmart, and Macy’s, as well as restaurants, hotels, and more. Simply link your credit or debit card to the app, and you’ll automatically earn cash back when you make a qualifying purchase using the card. Essentially, you are earning money as you shop.
One of the great things about Dosh is that it’s completely passive – once you link your card, you don’t have to do anything else to earn cash back. Plus, there are no fees to use the app, and you can withdraw your earnings to your bank account, PayPal account, or donate them to a charity of your choice.
But the benefits of Dosh don’t stop there. The app also offers referral bonuses, allowing you to earn even more money by inviting friends and family to join. You’ll receive a cash bonus for every person you refer who signs up and links their card. And when your referrals make qualifying purchases, you’ll also earn a percentage of their cash back.
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Honeygain
The app Honeygain allows users to earn passive income with the help of their internet connection. By running Honeygain on your device, you can make money without needing to do anything extra or even be online.
The app works by using your unused internet traffic and selling it to research firms who need access to different parts of the web for their studies. When you join Honeygain, you become part of a network that provides those companies with data from around the world.
Honeygain works quietly in the background of your devices and shares your traffic without your input. 3 credits are provided for 10 MB of shared traffic, and 1000 credits equal $1. Once you accumulate at least $20 worth of credits, you can request a payout to your PayPal account or use the crypto option and receive your payout in JumpTokens (JMPT), a cryptocurrency created by Honeygain’s partner JumpTask. This opens up an opportunity to experiment with the crypto market since no investment is needed.
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Nielsen Computer & Mobile Panel
The Nielsen Computer & Mobile Panel is an innovative way to earn passive income by simply using your devices. It’s a straightforward program that rewards you for sharing your data with the world’s leading market research companies.
The panel allows you to earn rewards in exchange for downloading and installing a small app on all your devices, including smartphones, tablets, computers, and more. By doing this, you’ll be able to benefit from the insights gathered by these firms while at the same time being rewarded through various incentives such as gift cards or cash payments.
The panel also offers various rewards for members depending on how much data they are willing to share. For example, those who choose to share more information will receive higher rewards than those who don’t. Knowing that Nielsen is the biggest market research company in the world, you can be sure that this app will provide you with easy passive income!
From earning while you shop to getting extra cash just for running an app, these passive income opportunities are catered to each taste, and you will surely find an app that suits you best. Go ahead and grab some money without any effort!