8 Simple Ways to Earn $1,500/year in Passive Income

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8 Simple Ways to Earn $1,500 in Passive IncomeIt is amazing that there are so many ways of making money online and not many people know about them. It takes lot of research to find such gigs.

But the biggest challenge with these extra money makers is finding out what is worth your time. I never believed that making money online passively is a possible option. But, now I am convinced.

Do you know that you can earn good extra cash online totally PASSIVE?

Surprised!!! You surely can.

Earning money online passively has many advantages, it gives you freedom to do other things while the money adds up.

My last post about extra money making was helpful to many of my readers, I am really happy for that and it inspired me to find out more easy ways of making extra cash.

Today, I will share with you some unique ways of earning around $1,500 per year without you doing much for it.

So, how do you do it?

There are many big brands and companies doing research on how an average person uses the web, their search trends, and their spending habits.

It helps them to make the products even better and relevant. For this purpose, these brands have some tools which help record the data of the user, that is, YOU.

You have to download their apps; it’s as simple as that. The apps or the software runs in the background and collects data. According to most of these brand websites, there is no collection of private data.

I know $1,500 might not be a significant figure to make in a year, but there is no way you can make that amount without you working for it.

Without making you wait further, here are the passive ways you can make side cash.

 

Nielsen Mobile Panel

Nielsen is the most trusted company in the market research. They use their app to monitor the data usage on the phone, tablet or any other mobile device. The data is kept anonymous, and it does not affect the speed, and the app runs in the background.  

The cool part is after you register and download the app, you get up to $50 rewards per year.

Approx Earnings – $50

Sign Up for Nielsen Mobile Panel here.

 

Swagbucks TV

I am a BIG fan of Swagbucks. It has been a quite a big side earner for me. But the biggest earner for anyone who uses Swagbucks is the TV or watching the videos.

They have three apps for watching the videos, and they can rake up to $80 to $90 a month. All you do is play the videos on your devices and just press the play button intermittently, that’s pretty passive, isn’t it!!

I use Swagbucks for many things, but the videos are the biggest plus for extra cash. Of all the ways of making money from Swagbucks, this is the most passive and most rewarding.

Approx Earnings – $1000/year

Sign up here to get $5 bonus.

 

MobileXpression

MobileXpression is another research company trying to study the web usage through the mobile devices. It is pretty much similar to Nielsen and after one week of keeping the app, you get $5 Amazon gift card.

According to their website, there is no sharing of personal data and the privacy has the utmost importance. The app runs in the background, and the working of the device is not affected by the app.

You enter into weekly prizes and most of the time everyone wins.

Download MobileXpression for iPad, iOS and Android.

Approx Earnings – $20

 

Related:

7+ Ways to Make Extra Income Online
21+ Free Tools & Websites to Make Money
Pureprofile Review – A Legitimate Research Panel
How to Make $1000 A Month Online Without A Job

 

Shop Tracker

Now, this is a cool app which collects data about user shopping trends. You have to download the app and sync it with your Amazon account (you need to have an Amazon account for this). After you sync the account, you instantly get paid $3 in bonus, and you get $3 every month after that, if you keep the app.

Approx Earnings – $36

Sign up for Shop Tracker here.

 

Smart Panel

This panel is from Verto Analytics Research, which is a well-known market research company. You have to download the app and keep it running on the system. There is a little questionnaire to see if you qualify. If you do, then after downloading the app, you get $5 bonus.

Thereafter, you are paid $5 every month as long as you keep the app. You can redeem through PayPal or Amazon gift cards.

There is a bonus for long term members like an extra $10 after six months and $15 after 12 months.

Approx Earnings – $110

Sign up for Smart Panel here.

 

Media Insider Panel

This research panel monitors the user behavior across all media. They study the TV viewing and media trends. You have to download the app onto the mobile device/PC and get paid to keep it.

You also enter into weekly sweepstakes. Three mobile devices and one PC are allowed per household.

Active users can make up to $185 per year. You can either redeem through PayPal or E-gift cards.  

Approx Earnings – $185/year

Sign up here for Media Insider Panel.

 

Cross Media Panel

This panel is quite simple and works like others, you download and install the app onto your computer, mobile device or tablet. You do your normal web searching, and this app runs in the background.

Once you install the app, you can get $3. And after that, you get $2 every week for keeping the app. Google backs this panel, so there is no question about legitimacy.

Approx Earnings – $100

Sign up for Cross Media Panel here.

 

Nielsen Digital Voice

Nielsen Digital Voice backed by Nielsen is a quite a popular one and with many using this, there is no doubt about the legitimacy of the company.

After you qualify, you have to download the app onto your computer, and it works in the similar fashion as mentioned above. It collects data about your Internet usage.

You get to enter into sweepstakes and according to their website an active member can win up to $1000 every month.

Sign up for Nielsen Digital Voice here.

 

There will be some concerns especially when it comes to sharing your data.

Remember these things:

  • Legitimate brands support most of these panels like Google, Nielsen, etc
  • If you want to be very sure of the privacy, have a read at their privacy policy before downloading the apps. You can always uninstall the app if you are not happy with it
  • Of what I researched, when using these apps, it is better to use a different browser than the one which you normally use

 

There you have it, all of these together can make a good amount per year. The best part is, all these are PASSIVE ways of making extra cash.  

Go ahead and start your passive income stream for the new year. You can start planning on how to spend your $1,500 next year!!

 

What other ways of passive income do you know? Please share in the comments.

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About Sireesha Narumanchi

Hi, I am Sireesha and thank you for stopping by to know me. I am a work at home mom of two beautiful princesses and working from home was always my choice to be around my family and make a good income.Read more...