Are Paid Surveys Really Worth Your Time?
Paid survey sites can be a simple way to earn a little extra money online, especially when you have some spare time. They're not something I would look at as a replacement for a regular income, but they can be an easy way to earn some extra cash or gift cards. The important thing is knowing what you're getting into.
Don't Look at the Survey Reward Alone
A survey might advertise a certain payment for 10 or 20 minutes of your time, but that doesn't always tell the whole story. You may have to answer several screening questions before finding out whether you qualify. Sometimes you'll qualify and complete the survey; other times you may be screened out because the researchers are looking for a particular demographic. That's why I think it's better to consider all the time you're spending on a survey site, not just the time spent on surveys you successfully complete.
Understand Points Before You Start
Some survey and reward sites pay in points rather than dollars. There's nothing necessarily wrong with that, but make sure you understand what those points are actually worth.
Look at:
How many points equal $1?
What's the minimum amount required to cash out?
Can you redeem for cash, or only gift cards?
Are PayPal or bank-transfer options available?
How long does it normally take to receive a reward?
Cash-out rules can differ considerably. For example, InboxDollars' current terms state a $30 minimum payment amount, while Swagbucks currently lists some rewards beginning at $5.
Keep Your Expectations Realistic
I look at surveys as a way to potentially make a little extra money during spare time, not as a full-time job. How much you can earn will depend on things such as your demographics, the surveys available to you, how often you qualify, the amount each survey pays, and how much time you spend on the site. Some days you may find several opportunities. Other days there may be very little worth completing.
My approach is simple: if something claims to be a way to earn money, we want to look beyond the headline and find out what it really takes.
Free Paid-Survey Sites to Check Out
Here are some established platforms that are currently free to join. Availability and eligibility can vary by country and individual.
