It can’t get any simpler than this, here is a list of the best money making apps in 2016.
Why not earn extra cash with your smartphone and/or tablet?
All of them are free.
Four of them are 100% passive.
Only thing you have to do is to keep them on your device and you can earn up to $546 a year in passive income
+ more if you put in little bit of work.
1. Media Insiders (up to $15 a month plus $5 in a bonus after 12 weeks = $185/year)
Media Insiders lets you make money simply by using your mobile phone. The app measures activities such as clicking, sharing, downloading etc. The app also listens for TV shows and identifies which TV shows you enjoy.
You can make money doing what you normally do – 100% passive income. By joining Media Insiders, you will help to understand the changes in how people watch TV and use internet. The company guarantees full privacy of your personally identifiable data.
You can become part of Media Insiders using the app on your smartphone or tablet. You can install the app on three devices and triple your income!
It pay up to $15 per month plus $5 in a bonus after 12 weeks = $185 per year in passive income.
2. Swagbucks ($5 sign up bonus)
Swagbucks might look like just another gimmick to get your opinion, inundate your email inbox, and never produce any cash. But, this is a legit site that has been featured on Fox, ABC, Time, TechCrunch, and BuzzFeed.
With Swagbucks, you will take surveys, shop online, watch videos, and provide your opinion in a number of ways to retailers. You will need to take some time to fill out surveys and do other research to earn free gift cards.
The great part about it is that you can decide when you are going to do something towards earning some gift cards. You can earn free gift cards redeemed-able at popular stores.
You are not going to gain passive income from this option. There is work to be done, but if you are already surfing on the Internet, filling out surveys, and shopping online, then there is nothing wrong with making money while you do it.
Related: Top Survey Companies Paying Cash
3. Bitwalking (on average 186BW$ a year)
Earn money just by walking? Yep! Bitwalking is an app generating Bitwalking Dollars (BW$) which is a virtual currency similar to Bitcoin. When you walk, the technology converts your movement into BW$.
How much can you earn?
1BW$ can be earned for about 10,000 steps. An average US adult generates 5117 steps per day so times 365 = 1,867,705 steps a year. This equals to about 186BW$ a year.
Bitwalking is operating also in developing countries where people walk much more. As reported by BBC Salim Adam from Malawi walks about 10km (6 miles) a day to work as an IT teacher.
His salary is $26 USD a month and he is able to earn another 26BW$ a month just by what he has been doing anyway – walking to work.
This may be a life changing income for him and many others.
The currency can be spent at the Bitwalking Store, and third party partners. You can also transfer your walking dollars to other users, no matter where they live.
4. Ebates ($10 sign up bonus)
Ebates is the third top option for making additional income. It is a shoppers paradise for earning up to 40% cashback at your favorite stores. Stores pay Ebates a fee which is then shared with their members. It is just that simple. You shop at your favorite stores. If they pay a fee to Ebates, then you will earn a percentage of cashback.
It does not end simply with paying out cashback. They also have coupons and exclusive offers on some of the top products you want to purchase. It is unlike other websites because you can layer the deals you find for these products. You are able to use your coupons and earn cash back.
Examples of the cash-backs: Amazon up to 7%, drugstore.com 4%, or up to 6% at JCPenney, Kohl’s, Macy’s and many more.
5. Nielsen Mobile (up to $50/year)
Nielsen has been a household name for decades. You don’t have to do anything, but keep using your tablet, phone, or other device as you normally do, in order to earn rewards. Nielsen Mobile offers you reward points of up to $50 per year to spend on the Nielsen Mobile shopper’s website.
When you first sign up, you will receive points each week. After a month, you will start to earn rewards on a monthly basis. You have to be active with your Nielsen Mobile account to earn rewards.
Points can be redeemed at Target, Amazon, Starbucks and other stores.
Related: How to get a free cell phone service
6. Cross Media Panel formerly Screenwise Panel ($8 the first week, $2 a week after = $110/year)
Cross Media Panel is a research marketing program. It is operated by Google to help understand how you interact with the internet and your devices, as a way to improve marketing.
You will need to download a browser extension to use this program. When you join Cross Media Panel, you are going to help Google improve its search engine results, as well as help websites understand what marketing works.
The information collected is on your searches, traffic patterns, and devices used. All data is kept private. By allowing the extension to analyze your internet searches, you earn rewards like gift cards to use at your favorite stores.
Now what to do with the extra “free” money? You should invest it! Just open a free Motif account and let’s the money work for you.
Considering the average market return of 7%, if you re-invest the $546 a year for 20 years you will have 23,840.43 in the end.
Do you have experience with these apps? Let me know!