Technology is developing exponentially, with new gadgets being released every year and new apps being listed almost every day. Currently, Apple’s App Store has 1.96 million apps available for people to download.
If your goal for 2023 is to have multiple income streams, you might want to consider ways to make money on your phone. There are plenty of apps that offer money-making opportunities for people around the world. Here are some of the best mobile apps you can earn money with.
Survey Apps
Earning extra cash can take you only a few minutes by completing online surveys on the go. You can voice your opinions and offer feedback to various companies so that they can improve their products or services. They strive to have a large demographic with different backgrounds, so people worldwide can participate in their surveys.
One of the most popular survey sites is SurveyMonkey. It offers a wide range of different surveys ranging from popular brands to lesser-known companies. While you won’t earn hundreds of dollars doing surveys, it’s a great way to make extra money by spending a few minutes daily giving your feedback.
Shopping Apps
If you’re a frequent shopper, you might already take advantage of cashback and coupons. There is no need for hundreds of paper clippings anymore — you can download an app and have it ready on your phone whenever you need.
With the power of technology, apps like Capital One Shopping or Honey make it a breeze to find the best deals and receive the rewards you deserve. You can shop at physical or online stores and see every available discount you can use.
Passive Income Apps
As technology advances, there are innovative ways to make money online. Recently, passive income apps like Honeygain have gained popularity because they’re easy to use and offer fast rewards. Honeygain pays you for sharing your Internet connection which Honeygain’s business partners use to perform data-intensive tasks like ad verification.
You can earn $3 for sharing 10GB of traffic, and there are various ways to increase your earnings. The app has a referral program and various contests with monetary rewards. By referring a friend, you’ll get a lifetime bonus of +10%, equal to your referral’s daily earnings. Your referral will be awarded $5 as a starting gift. Honeygain covers any bonuses so that every user can enjoy extra money. Notably, Honeygain invests a lot of effort into its security measures to provide a reliable service to its users.
Investment Apps
Investment apps have become increasingly popular among those looking to build long-term wealth through stocks, bonds, or mutual funds. Many apps offer educational materials so that complete beginners can join and start investing. Investing is a popular way to protect money from inflation, build wealth, and secure finances. That’s why 58% of American adults own stocks.
One of the most popular investment apps is Acorns. It has an easy-to-use interface and many options for people to choose from. You can invest in regular stocks, ETFs, or whatever else you choose. The app allows you to track your finances in real-time, get updates on market trends, and read their blog for tips and tricks. Investing wisely over the long term can build a solid financial foundation for your future.
Gig Economy Apps
Some circumstances make traditional jobs inaccessible to some people. That’s why the gig economy has seen an increase in popularity. Short-term work and contracts are popular among people looking for extra income without committing to a full-time position. Gig work offers flexibility and remote opportunities — you can earn money from anywhere in the world.
Consequently, app developers have identified the need for gig economy apps. They’re a convenient and profitable solution for people who want to make extra cash on the go. One of the most popular apps is Swagbucks, which allows you to take surveys, watch videos, and complete micro-tasks for money. It has a variety of options, and many well-known brands place offers on Swagbucks so that people can help them with market research and other activities.
With the rise of smartphone apps, it’s now easier than ever to monetize your time and make extra money. People are downloading several apps to try and figure out what is the best option for them. Whether you’re interested in online surveys or gig work, you can find something worthwhile from the app store. Usually, there are no requirements to get started, and you don’t need to commit much time to earn your first dollars.