Pay Bills or Build a Savings with These 3 Ways to Make Extra Money Online
While there are many scams advertising ways to get rich online, there are legitimate ways you can make extra money online. You won’t get rich, but you could earn enough extra money to pad your budget or help you build a savings account. There are plenty websites and apps that offer Americans ways to earn a little extra cash.
Here are three simple ways to make extra money online and with apps.
Participate in Focus Groups
A focus group is comprised of a pre-selected group of people that are brought together to discuss a particular product, service or issue. You can collect extra money by sharing your ideas or opinions about a previously determined topic. Many companies offer compensation to focus group participants, because your ideas and opinions provide valuable market insights.
For example, if a company is considering a name change or unsure what to call a new product, they could put together a focus group to test names. This provides market researchers with an idea of how the name will be perceived by the company’s target audience.
The demand for focus groups has grown in recent years thanks to technology. In the past, you would need to travel to an office to provide your feedback. Now, respondents can give their opinions online or through video conferencing.
Hack for the Good Guys
If you’re a skilled computer hacker, use your talents for good instead of evil. Step out from the dark side and earn money for helping companies discover software vulnerabilities. With HackerOne.com, you can make $20,000 or more per year for doing what you would normally get in trouble for.
According to data from HackerOne, about three percent of the over 100,000 hackers who use the platform make over $300,000, and 1.1 percent are making over $350,000.
HackerOne touts itself as being the number one hacker-powered security platform, helping organizations find and fix critical vulnerabilities before they can be criminally exploited. According to their website, more Fortune 500 companies trust them to test and secure the applications they use to run their businesses.
Become an English Teacher
VIPKID is an online education firm offering English lessons to Chinese students between the ages of 4 and 12. According to the website, you can earn between $14 and $22 an hour to teach English online. You can pick your own hours and work virtually. All you need to qualify is a Bachelors’ Degree.
The website plans to ramp up hiring this year, so it’s a great opportunity for people who have been long term unemployed or those looking to earn extra money.
Unlike full time teaching, teachers aren’t expected to create lesson plans or grade papers. VIPKID provides the lesson plans and communicates with the parents. The company is in 32 countries and employs over 30,000 teachers, according to the website.
If you live paycheck to paycheck, paying bills and building an emergency fund can be impossible. Give yourself a little cushion in your monthly budget by taking on an online side hustle. Earn extra money online and with apps to end the cycle of debt.
This post is not intended to be a solicitation for a loan. Pomo One Marketing, Inc. provides these blogs for entertainment and informational purposes only. Remember to consider all your financial options before making any decisions related to credit.