- What is a Survey?
- Can I make a living taking surveys?
- How much money could I earn a month?
- Best Survey Sites to use
- Why should I do surveys?
Making money is no easy job! It takes a lot of work and dedication, you will more than likely work long and hard hours until you reach success, this could be for a year or more but could also be under that with the right amount of deduction and a little bit of luck on your side!
In my last blog, How to Make Money with £10 I spoke briefly about how to make £10 with a survey but that does not have to be your limit! In theory with a lot of work you could make between £50-£100 a month however it is unlikely you will reach £100, on average people who stick to surveys make about £40 a month with them!
Don’t be put off by that though because £40 can go a long way you just need to think in that right way, for example if you have £40 right now, you should think, how can I spend the bare minimum to make me a profit, this mindset helps in order to make yourself find other ways to make money because not all of them are on the internet!
What is a Survey?
A survey is a little bit like a quiz, you will be asked questions which could be to do with your demographics, interests, hobbies and companies you use, they then use this data in research to better understand their company and sell the data to other companies so they can improve their own company too, which is where you get a little bit of money from!
Now I know what you’re thinking. I don’t want companies knowing my information, however you don’t have to put in a lot of data, in some cases you don’t even need to put in your name or age, which is brilliant if you are worried about your data being used.
Taking surveys isn’t the best thing to be doing with your time, however if you do have 20 minutes where you just can’t find something to do, fill out a survey and make some money! This is brilliant for those with some extra time on their hands.
Can I make a living taking surveys?
No. You definitely cannot make a living off of this, you will only earn small amounts of money per survey and it is exceptionally difficult to reach £100 never mind £1,000. Do not do this all the time as it will burn you out very quickly and it is a horrible feeling to experience.
You can do this in your extra time but when you want to make money you need to come up with a business plan and start focusing on making your plan a reality, this way you have a business that is going to be gaining you lots of money, without your time for money in the future.
One of my biggest pet peeves about working for someone else is being paid hourly, you should get the amount of money you want for a day, not the amount a company decides your work is worth! Always pick a business where you can earn passive income. Surveys are not a passive income.
How much money could I earn a month?
The highest amount you could probably earn a month if you took the surveys for a few hours a day is probably around £100, however as mentioned earlier you are more likely to earn around £40 on average every month and this still requires quite a few hours of work.
If you are wanting to earn a high amount of money then once you have signed up for a survey site, you should only take the highest paying surveys as you will not make much money taking £0.20 surveys all the time.
To give you an idea of how much money you would earn here are some times with some snazzy prices on there:
25p-£2 can take you anywhere between two minutes to twenty five minutes, if you go by the highest price then that could be around £2 an hour or more depending on your speed.
For something that is more complex and requires a bit more detail you can earn anywhere between £1-£25+ which is extremely good however a lot of the time these offers won’t be around so you will have to just continue doing surveys for lower prices.
Best Survey Sites to use
Personally I used and still do use Swagbucks, it is a great way to earn some extra cash and always give you something to do when you are bored, with Swagbucks you can also do game challenges which can be quite fun and teach you time management.
Prize Rebel is another way to make money, with Prize Rebel you can use the money you have earned to exchange for gift cards from places like amazon, tesco, m&s and more.
Qmee is another site I love because you can get paid for searching things on the web and you also get more surveys on there at higher pay rates, this would personally be my favourite out of all of them. One of the perks with Qmee is they let you cash out as little as £0.01. The picture below is how much I have personally made from doing certain things on there in my spare time.
Altogether these are the best ones, this is from my personal experience and researching a few survey sites, using all three of these you can triple the amount of money you would make, but make sure not to do these surveys all the time as you do not want to get burnt out!
Why should I do surveys?
The reason you should do surveys is because it teaches you skills and helps you to learn about yourself as well as other companies. It can be a very interesting experience at times and sometimes it can just be plain right boring filling out lots of surveys, but hey at least you’ll sleep!
On a final note, you should check out my last blog in order to make your first £10 and create a business that earns you a passive income.
A survey is just another little thing that helps you earn a decent amount of money for what it is worth and it also gives you something to do when there’s nothing else you can find!
You definitely should not try to make a living using surveys as you will be very burnt out and will more than likely give up on it, meaning you won’t have that little bit of extra money coming in a month.
The highest amount of money you could earn a month is up to £500 a month but that would require a hell amount of hours, so it’s best just to stick to part time and earn between £25-£200 a month by doing surveys and challenges in your spare time!
The reason you should do surveys is so you can build up skills, knowledge and money all at the same time!
Thanks for reading, which survey site are you going to try?