Paid surveys is an interesting method when it comes to making money online. It sounds very interesting, get paid to take surveys! Who wouldn’t want to do online surveys for money. But is it real? Can you really make money taking online surveys? Is it really worth it?
From my personal experience (I have been involved with paid surveys for 6 years now) it really depends on many different things. Things like how much time your willing to spend daily to compete online surveys or how many different paid surveys sites you sign up with and things like that.
Paid surveys a free way to make money online
One thing that sets paid surveys as an online money making methods apart from other methods, is that it’s one of the few ways to make money online free. You don’t have to invest any money to get started. You simply register (for free) with legitimate paid survey companies and wait for your survey invitations.
How much an average length online survey pays?
You can expect to be paid for paid surveys anywhere from $1 for a 10 minuets survey to up to $75 or more for a 45 minuets survey. But, on average an online survey takes about 15 minuets to be completed, and it pays around $3. And on average most paid survey sites, send out about 3 paid survey invitations a week. Obviously you might not qualify for every survey invitation you receive. But if you register with more than one or two paid survey sites, you can increase your chances of getting invited to future surveys, which ultimately increases the amount of money you can make.
How much money can I make taking online surveys?
The one thing you need to know about paid surveys is that most people aren’t able to make thousands of dollars a month taking online surveys as some people would like to believe. However its not that hard to make a couple of hundred dollars a month taking online surveys. Say if you register with 10 legitimate paid survey companies, and you receive about 3 surveys each week. That’s 30 survey invitations. And lest say you qualify for 20 of those surveys, which on average pay $3 per completed survey. That’s $60 a week and $240 a month! That can help you pay some of your monthly bills like the car payment. And this is just an educated guess of course. You may or may not receive more or less paid survey invitations, the payout may be higher or lower, you may qualify for more or less surveys and etc.
Of course if you have more free time on your hand, you can register with more paid survey sites and double or triple your earnings. Also, some times you will get invited to online focus groups that take about an hour or so, but pay up to $200.
paid survey scams
The most important thing you need to consider is not falling for paid survey scams. There are a lot of scams out there. Make sure you do your research and register with trusted and legitimate paid survey sites, to ensure you get paid.
As you can see, it is possible to make money taking online surveys. But, just like most other money making methods, the more time and effort you put into it, the more money you can make.
So, when you put it all together, I would say taking online surveys is worth it. You can make a decent amount of money taking paid surveys.
About the author: Satrap is the founder and author of controversial blog, blogstash.com. A blog full of great how-tos and information on topics like making money with affiliate programs. Visit blogstash today to get your share of this valuable information and learn different ways to make money from home.