Hey there! Have you ever wondered if you can earn some extra cash by doing surveys? Well, you’re not alone. Many people are searching for side hustles to supplement their income and make some money on the side. And surveys seem like a simple and convenient way to do just that.
In this article, we’re going to delve into the world of survey side hustles and find out if it’s a viable option for earning money. We’ll explore who is doing surveys as a side hustle, how much money you can make, why people choose this side gig, and whether it’s a sustainable long-term solution. So, let’s dive in and get some answers!
- Doing surveys as a side hustle is a popular way for people to earn extra income.
- Younger Americans, particularly millennials and Gen Zers, are more likely to have a side hustle.
- The average person with a side hustle makes $810 per month.
- Side hustles are often used to cover day-to-day living expenses, savings, or debt payoff.
- While doing surveys can provide some additional income, it may not be a sustainable long-term solution.
Who is Doing Surveys as a Side Hustle?
Side hustles have become increasingly popular among younger Americans, with 50 percent of millennials and 53 percent of Gen Zers engaging in some form of additional income. However, side hustles are not limited to a specific demographic. People of all ages and genders are participating in side hustles to earn extra money. In fact, 39 percent of U.S. adults have a side hustle, with men slightly more likely to be involved in a side gig compared to women.
When it comes to income, lower-wage workers are more likely to rely on side hustle earnings for day-to-day expenses. Around 42 percent of those making less than $50,000 a year depend on the extra money. However, side hustles are not exclusive to low-income individuals. People from various income brackets are using side hustles for discretionary spending, savings, and debt payoff.
Overall, doing surveys as a side hustle is a popular choice for individuals across different age groups and income levels. It provides an opportunity to earn extra income and meet financial obligations. Whether it’s a millennial looking to save for a future goal or a lower-income worker needing additional money for living expenses, surveys offer a flexible way to earn money on the side.
Table: Side Hustle Participation by Demographics
|Percentage of Individuals with Side Hustle
|Income < $50,000/year
|Income > $50,000/year
“Side hustles are a popular way for individuals of all backgrounds to earn extra income and achieve their financial goals.”
How Much Money Can You Make with Surveys as a Side Hustle?
Earning money with surveys can be a great way to make some extra cash on the side. However, it’s important to manage your expectations when it comes to how much you can actually make from this side hustle. The average person with a side hustle makes $810 per month from their extra work, but the majority of side hustlers make very little. In fact, 28 percent of side hustlers earn only $1 to $50 a month. Only 15 percent of side hustlers make more than $1,000 a month.
When it comes to gender differences, men tend to make more from their side hustle compared to women. On average, men bring in $989 a month, while women make an average of $603 a month. Millennials, on the other hand, tend to make the most from their side hustles, earning an average of $1,022 a month.
Table: Average Monthly Earnings from Surveys as a Side Hustle
|Average Monthly Earnings
While earning money with surveys can provide some extra cash, it may not be a sustainable long-term solution for making a significant income. It’s important to consider the time and effort spent on surveys and weigh them against the potential earnings. If you’re looking to make more money on the side, it may be beneficial to explore other side gig opportunities that offer higher earning potential.
Remember, every individual’s experience with surveys as a side hustle may vary. It’s important to find a balance that works for you and aligns with your financial goals.
Why Do People Do Surveys as a Side Hustle?
Surveys as a side hustle offer individuals the opportunity to earn extra income by sharing their opinions and insights. Many people choose to do surveys as a side gig for various reasons, including meeting day-to-day living expenses, discretionary spending, savings, and debt payoff. These motivations differ based on factors such as gender, income level, and financial goals.
According to a Bankrate survey, one in three people with a side hustle relies on the income for day-to-day expenses. This is particularly true for women, who are more likely to use the extra money to cover regular living costs. On the other hand, men tend to use side hustle income for savings. Lower-income workers also rely heavily on side hustle income to make ends meet, with 42 percent of those making under $50,000 a year needing the extra money.
Aside from day-to-day expenses, people also do surveys as a side hustle to have more discretionary spending money (27 percent), save for future goals (25 percent), and pay off debts (12 percent). These financial motivations highlight the flexibility and versatility of surveys as a side gig, allowing individuals to allocate their earnings based on their personal financial needs and aspirations.
Is Doing Surveys as a Side Hustle a Long-Term Solution?
While some people hope that their side hustle will develop into their main source of income, the reality is that many individuals believe they will always need a side hustle to make ends meet. According to a survey, 28 percent of people with a side hustle think they will always need one, while another 26 percent believe they will always need a side hustle for discretionary expenses. The economy and ongoing inflation are also influencing how people approach their side hustles, with 23 percent saying they spend more time on their side hustle because of inflation.
It’s important to consider the long-term sustainability of doing surveys as a side hustle. While surveys can provide some additional income, they may not be a reliable or substantial source of earnings. The average hourly rate from taking surveys can range from as low as 41 cents to a maximum of $2.03. This means that the potential earnings may not justify the amount of time and effort invested in completing surveys.
Additionally, the earnings from surveys often come with a minimum payout threshold, meaning you may need to accumulate a certain amount of points or money before you can withdraw or redeem your earnings. This can further delay the accessibility of your earnings and limit the financial benefits of doing surveys as a side hustle.
While doing surveys as a side hustle may offer some benefits, such as flexibility and the ability to express your opinions, it’s important to explore other opportunities and consider your personal financial goals when deciding on a side hustle. There may be alternative side gigs or online opportunities that can provide a more sustainable and lucrative long-term solution for making money on the side.
It’s important to weigh the pros and cons and consider your own financial situation and goals when deciding if doing surveys as a side hustle is a viable long-term solution for you.
Popular Survey Apps for Side Hustlers
When it comes to earning extra cash through surveys as a side hustle, there are several popular survey apps that can help you achieve your financial goals. These apps provide a convenient way to earn a little pocket money while sharing your opinions. Let’s explore some of the top survey apps that side hustlers are using:
|Google Opinion Rewards
These survey apps have garnered over 100,000 reviews and have an average rating of 4 stars or better. While the payouts from these apps may not be huge, many users find them enjoyable and a way to pass time while making some extra cash.
Whether you’re waiting in line, commuting, or simply have some free time, these survey apps can provide an easy and convenient way to earn a little money on the side. Just keep in mind that the earnings may not be substantial, but the opportunity to express your opinions and earn a little pocket money can make it worthwhile for many side hustlers.
Popular Survey Apps for Side Hustlers
The Reality of Making Money from Online Surveys
Taking surveys online to make money may not be the most efficient way to earn a substantial income. In a survey conducted by NerdWallet, writers found that the earnings from online surveys were often meager, with a lot of time spent for very little pay. The average hourly rate ranged from $0.41 to $2.03, making it difficult to rely solely on surveys for significant income.
While some users may enjoy expressing their opinions and earning a little extra income, it may not be a viable long-term solution for making substantial money. The earnings from surveys may be best viewed as a way to earn some pocket money or as a side gig for those looking to pass the time while making a small income.
“The average hourly rate from taking surveys ranged from $0.41 to $2.03.”
It’s important to consider the time and effort spent on surveys against the potential earnings. If you’re looking for a more substantial side hustle or a reliable source of income, it’s worth exploring other options that may offer better financial returns.
While online surveys can be a convenient way to make a little extra cash, it’s essential to approach them with realistic expectations and to consider other ways to make money on the side. Whether it’s exploring other side gig opportunities or pursuing alternative online income streams, it’s crucial to weigh the potential earnings against the time and effort invested.
Factors to Consider When Taking Surveys for Pay
When it comes to taking surveys for pay, there are several important factors to consider to ensure that your time and effort are well spent. These factors can help you determine which survey sites or apps are worth your time, as well as protect your personal information and maximize your earnings.
Average Earnings per Hour:
One important factor to consider is the average earnings per hour. This can give you an idea of how much you can expect to earn for the time you invest in taking surveys. Sites like OneOpinion and Survey Junkie have higher average earnings per hour, while sites like InboxDollars and Toluna have lower average earnings. By choosing sites with higher average earnings, you can ensure that your time is more productive and lucrative.
Minimum Payout Threshold:
Another important factor to consider is the minimum payout threshold. Some survey sites require you to accumulate a certain amount of points or earnings before you can redeem them for rewards or cash. It’s important to choose sites with a reasonable minimum payout threshold that aligns with your earning goals. This way, you can access your earnings more easily and avoid frustration.
The overall user experience of the survey sites or apps is also crucial. Look for platforms that are easy to navigate, have a user-friendly interface, and offer a seamless survey-taking experience. User reviews and ratings can provide valuable insights into the user experience of different survey sites, helping you make informed decisions about which platforms to join.
Protecting Your Information:
Lastly, it’s essential to prioritize the protection of your personal information when taking surveys for pay. Be cautious about sharing sensitive data like Social Security numbers or bank account numbers. It’s also a good practice to use a separate email address specifically for survey sites to prevent inbox clutter. Additionally, consider installing anti-malware software to protect against potential spam or security threats.
By considering these factors, you can ensure that your experience taking surveys for pay is both rewarding and safe. Remember to weigh the average earnings per hour, minimum payout threshold, and user experience when choosing survey sites or apps. Protect your personal information and maximize your earnings by making informed decisions about where and how you take surveys for pay.
Are Paid Surveys Worth It?
When it comes to earning money with surveys, many people wonder if it’s really worth their time and effort. While taking surveys can be a legitimate way to make money on the side, there are some factors to consider before diving in.
Firstly, it’s important to acknowledge that the earnings from surveys can often be meager compared to other work opportunities. Hourly rates from taking surveys have been found to range from as low as 41 cents to a maximum of $2.03. This means that you may need to spend a significant amount of time taking surveys in order to earn a substantial income.
Additionally, many survey sites have a minimum payout threshold that users must reach before they can redeem their earnings. This means that you may need to accumulate a certain number of points or dollars before you can actually cash out. It’s important to be aware of these thresholds and consider whether it’s worth your time and effort to reach them.
|Earnings from surveys can be meager, with hourly rates ranging from 41 cents to $2.03.
|Minimum Payout Threshold
|Many survey sites require users to reach a certain threshold before they can redeem their earnings.
|Data Privacy Risks
|Users may be required to provide personal information, which can be a risk in terms of data privacy and potential misuse.
Furthermore, there are data privacy risks associated with providing personal information to survey sites. While reputable survey sites take measures to protect user data, there is always a risk of data breaches or misuse. It’s important to consider whether the potential rewards of taking surveys outweigh the potential risks to your personal information.
In conclusion, while doing surveys as a side hustle may provide some additional income and the opportunity to express your opinions, it’s important to weigh the time and effort spent on surveys against the potential earnings. It’s also crucial to consider data privacy risks and explore other ways to make money online that may offer more substantial and sustainable income opportunities.
Tips for Taking Online Surveys
When it comes to taking online surveys as a side hustle, there are a few key tips to keep in mind. These strategies can help you make the most of your time, protect your personal information, and ensure a positive experience overall.
Be cautious with personal information
When participating in surveys, be mindful of the information you share. Avoid providing sensitive data like Social Security numbers or bank account numbers. Stick to sharing general demographic information and opinions without divulging too many personal details. Protecting your privacy should always be a priority.
Create a dedicated email address
To prevent your primary email inbox from becoming cluttered with survey invitations and notifications, it’s a good idea to create a separate email address specifically for survey sites. This allows you to keep your survey-related emails organized and separate from your personal or work emails.
Install anti-malware software
Protecting your device from potential spam or security threats is essential when engaging in online activities, including taking surveys. Install reputable anti-malware software to safeguard against any potential risks. Regularly update and scan your device to ensure it remains secure.
Take regular breaks and follow the 20/20/20 rule
Staring at a screen for extended periods can lead to eye strain and fatigue. To alleviate this, remember to take regular breaks while taking surveys. Follow the 20/20/20 rule, which suggests looking away from your screen every 20 minutes and focusing on an object 20 feet away for 20 seconds. This can help reduce eye strain and improve overall comfort.
Explore other side gig opportunities
While online surveys can be a fun and easy way to earn some extra cash, it’s important to consider other side gig opportunities as well. Explore options like blogging, selling items online, or freelancing in areas where you have expertise or interest. Diversifying your income streams can provide additional financial stability and open up new possibilities for earning money on the side.
After exploring the world of surveys as a side hustle, it’s clear that while they can provide some additional income, it’s important to consider a few factors before diving in. When it comes to earning money with surveys, the average hourly rate is often low, ranging from 41 cents to $2.03. Additionally, many survey sites require users to reach a minimum payout threshold before being able to redeem their earnings. It’s important to weigh the time and effort spent on surveys against the potential earnings they offer.
Furthermore, data privacy is a concern when participating in online surveys. Users are often required to provide personal information, which can pose a risk in terms of privacy and potential misuse. It’s important to be cautious and intentional about sharing sensitive data and to use a separate email address specifically for survey sites to prevent inbox clutter.
While surveys may be a viable option for earning a little extra money and expressing opinions, they may not be a sustainable long-term solution for making a significant income. It’s essential to explore other side hustle opportunities and consider personal financial goals when deciding on a side gig. Whether it’s blogging, selling items, or freelancing, there are numerous ways to make money on the side that may be more lucrative and aligned with individual interests and skills.
Is doing surveys a side hustle?
Yes, doing surveys can be a side hustle that allows you to earn extra money outside of your regular income.
Who is doing surveys as a side hustle?
Side hustles, including surveys, are popular among younger Americans, with 50 percent of millennials and 53 percent of Gen Zers having a side hustle.
How much money can you make with surveys as a side hustle?
The average person with a side hustle makes $810 per month from their extra work. However, the earnings from surveys can vary, with some people making very little.
Why do people do surveys as a side hustle?
People do surveys as a side hustle for various reasons, such as earning extra money for day-to-day expenses, discretionary spending, savings, and debt payoff.
Is doing surveys as a side hustle a long-term solution?
While some people hope that their side hustle, including surveys, will develop into their main source of income, many individuals believe they will always need a side hustle to make ends meet.
What are some popular survey apps for side hustlers?
Popular survey apps for side hustlers include Make Money, Eureka, InboxDollars Surveys, and Google Opinion Rewards.
What is the reality of making money from online surveys?
The reality is that the earnings from online surveys can often be meager, with a lot of time spent for very little pay.
What factors should I consider when taking surveys for pay?
Factors to consider include the average earnings per hour, the minimum payout threshold, and the overall user experience of the survey sites or apps.
Are paid surveys worth it?
Paid surveys can be worth it for some people as a way to earn a little extra money and express their opinions. However, the earnings may not be significant.
What tips can you provide for taking online surveys?
Tips for taking online surveys include being cautious with sharing personal information, using a separate email address for survey sites, and considering other ways to make money online.