Looking to make extra money on your smartphone? Look no further - these best money making apps can help you create extra cash flow at your fingertips.
Do you need to make more money, but don’t have the flexibility to get a traditional 9-5 job? Maybe you just need some extra cash for the holidays, a vacation, or to smash your debt.
Whatever your needs are, there are numerous money making apps that can be downloaded today to create an extra income for you and your family.
While some of the best money making apps cash out in the form of gift cards or points, others provide direct money payments to your account. Be aware of this when choosing which apps to make money.
Poshmark is another popular buying and selling app. It is focused on gently used, name brand fashion. It is geared toward higher-end items found at upscale department stores.
Customers frequent the Poshmark app to get upscale items as a consignment discount. If you have a lot of extra clothing, shoes, and accessories, Poshmark may be a good money making app option for you.
Best Tip
Be upfront about any flaws the items you are selling may have. If a buyer receives an article and is not satisfied, they can contest the purchase, and you will not receive payment. Make sure potential buyers have all the necessary information before reaching this point.
Pros
Poshmark has a large following of people looking to buy brand name items. Just by posting your things on the app, you have the advantage of a large customer base. Poshmark also throws Posh Parties, which are virtual events where buyers and sellers come together to connect.
Cons
Poshmark takes a substantial cut of all sales. On items priced less than $14, the app deducts a flat rate of $2.95. For items priced $15 and over, Poshmark takes 20% of the items listing price.
If you are looking to create a full-fledged a business out of selling your brand name clothing and accessories, Poshmark may not be the best option. For casual selling endeavors, it is an excellent app to try to make some extra cash.
Payment Method: Poshmark gives the option to transfer your earnings directly to your bank account or request a paper check.
Best Money Making App #2: Letgo
Letgo is an online marketplace where you can buy and sell your items. This free app is a virtual garage sale where you can set your price and wait for people to buy from you.
Letgo deals locally, so you must set up a time to hand off your products to the buyers. The app’s messaging system makes communicating with those interested in your items easy to do.
Best Tip
Take beautiful pictures of what you are selling. High quality, bright pictures entice buyers to click on your items.
Pros
Letgo is very easy to use. All that is required is a photo and description of the product. The app’s user interface is simple, straightforward, and anyone can quickly figure it out.
Cons
You have to meet up with potential buyers and safety can be a concern. To combat this issue, meet in a public area with many bystanders around.
Payment Method: Cash exchanges in person with the buyer
Best Money Making App #3: Foap
source: Pixabay
If you are an avid photographer, or you take fantastic photos with your smartphone, you can turn those skills into cash with this best money making app. With Foap, you upload your pictures onto the app, and others buy them.
Foap is a free app that can be considered a source of passive income. Once the photos upload, you have done your end of the work. When you have a bunch of photos uploaded, just sit back and wait until people start buying the pictures.
Foap buyers purchase individual photos for $10 a piece, and you receive $5 as profit. Considering that you are doing very little work, compared to other money-making opportunities, the 50% profit is worth it.
Best Tip
Upload as many photos as possible. There is not a limit as to how many uploads you are allowed on your profile, so take advantage and upload, upload, upload!
Pros
There is no limit as to how many pictures can upload onto the platform, so there is no cap on the income potential.
Cons
The amount of money you make depends solely on how many people buy from you. If your photos aren’t appealing or people aren’t seeing them, you won’t make money.
Payment Method: Foap pays out by PayPal once a month.
Best Money Making App #4: Sweatcoin
Sweatcoin is an app that pays you to get fit. The gist of this app is that you earn Sweatcoins for every step you take. You won’t make a ton from this app - only about 0.95 Sweatcoins per 1,000 steps - but if you are active, it can add up over time.
Best Tip
Sweatcoin utilizes GPS tracking technology and only counts steps that are going forward - as in, they do not count steps that are in one place. You cannot walk miles on a treadmill and earn Sweatcoins.
Pros
With Sweatcoin, you do not have to do much of anything to earn. You walk, and that’s it. Just remember to activate the app on your phone regularly, so you are winning every day!
Cons
You will not get rich with Sweatcoin. It takes a lot of time and step to earn anything, so it is not to be considered a get rich quick scheme by any means.
Payment Method: Sweatcoin is consistently adding new rewards to the app. Right now, you can redeem earned Sweatcoins for products, gift cards, and PayPal payment.
Best Money Making App #5 Lucktastic
source: Pixabay
Lucktastic is an app made up of virtual scratch offs and sweepstakes. New virtual scratch offs appear daily, so there is always a chance to win.
Also, you can enter sweepstakes to win a multitude of prizes. There are regular drawings for cash payouts, and you don’t have to do much to start.
Best Tip
Since scratch-offs don’t take very much time to do, do as many as possible! Each scratch off equals a chance to win rewards.
Pros
Earning points on Lucktastic is very easy to do. The virtual scratch-offs are done without much thought.
Cons
You will only make a few points for your time. This is not a get rich quick app.
Payment Method: Lucktastic’s point system adds up and you redeem them for gift cards
Bset Money Making App #6: Ebates
Ebates has risen to popularity in recent years and for a good reason - it is one of the easiest and best money making apps out there. The user doesn’t do anything other than what they were going to do initially and gets cash back for purchases.
Best Tip
Check when Ebates offers double cash back on purchases. This list is ever-changing, so take advantage when there is a retailer you are interested in featured.
Pros
You are already shopping online, aren’t you? The only change you have to make is buying through Ebates’ portal, using their referral links. It’s one of the easiest ways to earn little extra cash back.
Cons
Although Ebates is connected to over 2,500 retailers, they do not cover every possible store you can shop. Therefore, you will run into restrictions as to where you can earn cash back.
Payment Method: Ebates sends a paper check or deposits your earnings to PayPal. Note that payment is made only four times a year.
Best Money Making App #7: Ipsos i-Say Mobile
A popular mobile survey app, Ipsos i-say mobile pays you for your opinion. Marketers develop apps that focus on consumer opinions to gather data and better their products and services.
When you download the app, you are partaking in consumer research. Offering your opinion on a variety of subjects benefits market researchers, which in turn helps you with a monetary payout.
Best Tip
The Ipsos i-say app offers opportunities to enter sweepstakes. Take advantage and enter as many sweepstakes possible to increase your earning potential.
Pros
There are a variety of ways you can earn - including surveys, focus groups, product testing, and the referral program. With so many ways to make money, you have a lower chance of becoming bored with the app.
Cons
This is another app that is not a get rich quick scheme. While it is good for extra spending money, you won’t be quitting your day job to take surveys.
Payment Method: Ipsos i-say pays via gift cards, prepaid visa cards, and PayPal deposits.
Best Money Making App #8: Swagbucks
Swagbucks is another one of those best money making apps.
Best Tip
Set up Swagbucks as your primary search engine. Searching through Swagbucks earns you points, with little to now work, which you redeem for rewards.
Pros
There are a variety of ways to earn Swagbucks on the app - from watching online videos and searching the web to searching the web.
Cons
Swagbucks is another app that will not earn you a ton of money. It is suitable for extra cash flow when you need it, or filling in the gaps between paychecks.
Payment Method: Swagbucks offers rewards through gift cards and PayPal options.
Best Money Making App #9: InboxDollars
source: Pixabay
InboxDollars is another app that benefits from consumer research. Brands pay InboxDollars to collect data from people like you. The information is then provided to brands, who then apply the findings to their products and services.
InboxDollars offers a variety of ways to earn cash from your smartphone - including playing games and reading emails. You can also get cash back from shopping online through this money making app.
Best Tip
Break up the monotony of doing surveys by watching videos on the app and playing games. It can be easy to get bored of doing questionnaires back to back, but InboxDollars offers other, more exciting ways to get quick cash.
Best Tip
Break up the monotony of doing surveys by watching videos on the app and playing games. It can be easy to get bored of doing questionnaires back to back, but InboxDollars offers other, more exciting ways to get quick cash.
Pros
The InboxDollars app is straightforward to use. The user interface is straightforward, clear, and simple to understand.
Cons
It takes time to build up enough money to make it worth the time. If you have spare time on your hands, give it a shot! There is nothing to lose.
Payment Method: InboxDollars gives the option to cash out with a paper check or prepaid visa card when your minimum hits $30.
Best Money Making App #10: iBotta
Ibotta is an app that allows you to scan your receipt and earn cash back. The premise is that the app compares deals found at other stores and you reap the benefits of their findings.
The way it works is simple: you add offers to the app by completing mini-tasks, go shopping, and then scan your receipt. The app does the rest for you, and you wait to receive rewards.
Pros
Ibotta allows you to earn money for things that you are already buying, at retailers you already shopped.
Cons
You have to remember to add offers on the app before you go shopping, then you have to remember to keep your receipt to scan.
Payment Method: Money is deposited into your account in 48 hours.
Conclusion
There are many ways to make money using apps. Depending on what your skills are, or what items you have to offer, you can find an app to help you bring in extra cash.
If you only have a few minutes of time to earn - that’s okay, too! These apps require little time and have the potential to earn a good amount of money over time. Some apps can be considered great sources of potential income, while others trade your time for money.
Whichever apps you choose to download, be sure to keep your mind open and try a bunch out. Combine many of the best money making apps and start reaching your financial goals today!
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