List of Microincome and Microsavings Apps

[james.hendrickson]

Hi All,

Here is a list of apps I'm using that pay small amounts in either cash back, points that translate into dollars, Amazon credit or crypto, or they are micro-work (15 minute jobs that pay about $1.50 or so). Some of these, like bandwidth selling apps or passive income apps have some up front set up time, but little in the way of ongoing maintenance work.

Receipt Scanning Apps

1. ReceiptPal
2. ReceiptHog
3. ReceiptJar
4. Pogo
5. Bitmo
6. Ibotta
7. Amazon Shopper Panel
8. Coinout
9. Drop
10. GetUpside
11. Trunow

Microsurvey Apps

1. StreetBees
2. 1Q
3. BIGToken
4. CitizenMe
5. OnePulse
6. Google Opinion Rewards
7. Facebook Viewpoint
8. Qmee

Passive Income Data Sales Apps

1. Reklaim
2. Bumped
3. Miles
4. Tapestri
5. Evidation (hook up to your iphone fitness tracker)
6. Nielson Opinion Rewards
7. Invisibly

Sell Your Spare Internet Bandwidth Type Apps

1. EarnApp
2. HoneyGain
3. Packetstream
4. Peer2Profit

Fun "Take Quizzes and Get Modestly Paid Type" Finance Apps

1. Zogo

If there any good money makers that I am missing, please let me know!

[disneysteve]

How much would you say you've earned in total from all of this stuff over the past year?

[james.hendrickson]

Maybe $350 - its beer money.

The winners right now are:

1. EarnApp - that's generating about $5 per week.
2. 1Q - it pays a 25 cents per question. It has fewer questionnaires but its worth the time.
3. Invisibly - its zero maintenance
4. Nielson Opinion Rewards - also very low maintenance
5. Amazon Shopper Panel - its $1 in Amazon credit per each receipt you scan.

Zogo's not bad. Its funded by a credit union and you get paid in amazon credits for doing educational modules about basic personal finance topics. Its good if you're a beginner and want to get paid to learn.

I mean, none of these really make any sense if you're bringing in $150,000 or $200,000 per year However, if you've got a lower salary and you want some extra money for groceries or for investing, some of these make sense.

[disneysteve]

Maybe $350

I mean, none of these really make any sense if you're bringing in $150,000 or $200,000 per year However, if you've got a lower salary and you want some extra money for groceries or for investing, some of these make sense.

Maybe, but even that is questionable.

Even if you earn a low wage like $15/hr, you'd make that much in 23 hours. A few overtime shifts or a part time job would make you a lot more with less time and effort.

I'm averaging over $200/mo selling stuff on ebay. Go to estate sales and yard sales, buy things, and resell them. Minimal upfront investment needed. In the past 3 weeks, I've bought 7 items for a total of $17. I've already sold 4 of them for a total of $81.

There are plenty of ways to make money if you're motivated.

[LivingAlmostLarge]

google opinion rewards and amazon shopper panel is nice. I always wondered about instacart or uber.

[AJSimon]

I wouldn't really call it a micro-income app, but one that I use is called Digit. You link it to your bank account, and every time you pay for something out of that account, it sets aside an additional sum and funnels it into a Rainy Day fund. You can also set up additional sink funds for more specific savings goals. The amount it transfers into the sink fund depends on your bank account balance, your recent spending, your predicted income, and your predicted upcoming bills. It also sets an adjustable floor for your bank account balance, below which it freezes all transfers so you don't overdraft. You also earn Savings Bonuses every three months, depending on the average amount in your sink fund(s) over the previous 30 days, but it's a very tiny percentage and not really a selling point. You can also make money with referral bonuses - getting people to sign up with your link. The app sends you daily notifications letting you know how much money is in your bank account, if you have a bad habit of going long stretches of time without checking the balance yourself. To use just the savings part of the app costs $5/mo, and the all-in-one app costs $10/mo.

[bjl584]

I suppose I'd be interested in the zero maintenance ones.
I'll pass on the more active ones.
For the effort required I could make a lot more doing something else.

[bjl584]

Maybe, but even that is questionable.

Even if you earn a low wage like $15/hr, you'd make that much in 23 hours. A few overtime shifts or a part time job would make you a lot more with less time and effort.

I'm averaging over $200/mo selling stuff on ebay. Go to estate sales and yard sales, buy things, and resell them. Minimal upfront investment needed. In the past 3 weeks, I've bought 7 items for a total of $17. I've already sold 4 of them for a total of $81.

There are plenty of ways to make money if you're motivated.

Are you actively buying things at yard sales to resell, or is this just stuff that you have laying around that you are trying to get rid of?

[disneysteve]

Are you actively buying things at yard sales to resell, or is this just stuff that you have laying around that you are trying to get rid of?

Both. I was mainly selling stuff we already had but the past few weeks I've been going to estate sales to buy more stuff to sell (as I mentioned above). I have a few sales lined up for the next 4 days. Hopefully, I'll get a few more things from those. It doesn't take much to create a nice side gig for anyone able to get out to the sales regularly. It's not uncommon to be able to sell things for 4-5 times what I pay for them and sometimes 8-10 times more. In the past month, I've sold two different $3 purchases for $25 each, and two $2 purchases for $15 and $16. Not hard to see how that can generate some decent money if you keep at it. It's a better return than our stocks lately.

[bjl584]

Both. I was mainly selling stuff we already had but the past few weeks I've been going to estate sales to buy more stuff to sell (as I mentioned above). I have a few sales lined up for the next 4 days. Hopefully, I'll get a few more things from those. It doesn't take much to create a nice side gig for anyone able to get out to the sales regularly. It's not uncommon to be able to sell things for 4-5 times what I pay for them and sometimes 8-10 times more. In the past month, I've sold two different 3 purchases for $25 each, and two $2 purchases for $15 and $16. Not hard to see how that can generate some decent money if you keep at it. It's a better return than our stocks lately.

It sounds like this is something that you enjoy doing.
So I guess this will be one of your "retirement" activities?

[disneysteve]

It sounds like this is something that you enjoy doing.
So I guess this will be one of your "retirement" activities?

Exactly. That's been my plan all along. I've had a collectibles business since 1986 and was pretty heavily into it for the first 15-18 years or so. My best year, 2000, I did over $13,000 in sales which would be over $21,000 in today's dollars.

I'm not looking to do it to that degree again but just making 5K/year or so would be nice. Give us a little cash and keep me busy in retirement. I love going to the sales and finding treasures.