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If you use your smartphone as often as I do (like a million times!) why not make use of these free money making apps to earn extra cash each month.
That’s right.
There are apps that make you money, and today we are taking a look at some of the highest paying apps that are making people real money.
These are apps that pay you through PayPal or gift cards, from big platforms like Amazon, Target and Walmart just for completing simple tasks like answering questions, taking photos or even browsing the internet (that’s #3 on the list).
After some research, I have put together a list of the best money making apps for android and iPhone users in 2020, so you can pick and choose from the ones that suit you best.
Ready to make money from your phone?
*This post make contain affiliate links. Disclosure here.
20+ Free Money Apps
1) Survey Junkie
The most popular survey app, known for being legitimate is Survey Junkie.
You can access surveys from their dashboard and have the potential to earn up to $50 a survey. Currently only available to those living in the US, Canada and Australia, this survey site has over 9 million members making money from home. They also have a majority 5-star rating on Trustpilot.
2) My Points – $10 Bonus
Featured by big names like Yahoo and New York Times, MyPoints has given away $236 million in the form of PayPal cash and gift cards to its members.
How do you make money? Once you sign up with My Points, you collect points to redeem for cash or gift cards. Here are five ways to do it.
- Shop online – 25 points per dollar spent
- Watch Videos – up to 500 points per day
- Surveys – up to 300 per survey
- Games – 10 points
- Read emails – 5 points
3) Swagbucks
I use Swagbucks and I would recommend this as the easiest way to earn – with least effort.
For instance, you earn for searching the web.
Yes.
It’s as simple as that.
Instead of using Yahoo, Bing or Google to search the internet, use Swagbucks as your usual search engine and accumulate points.
Here are additional ways to earn SB’s (Swagbucks Points):
- Daily surveys up to $35 each
- Watch your favourite cooking shows to earn
- Get cashback from major retailers including Amazon, Walmart & Target
- Invite friends and family to earn more points (including 10% of their lifetime earnings)
4) Apps that Pay You to Scan receipts
Fetch Rewards is one such app where you get paid to upload receipts.
No couponing, no scanning barcodes, no surveys and no ads. Once you finish shopping just scan your receipt using the app to earn rewards in the form of e-gift cards from Target, Amazon, Kohl’s, Sephora and hundreds more.
You can cash out with as little as $3. You can scan your shopping receipts up to 14 days from date of purchase.
Download Fetch Rewards for free on your phone and start earning.
You can also submit your receipts for money with ReceiptPal. This is another free app that pays you money to scan receipts.
But wait, its not just shopping receipts, you can also get money back from your restaurant bills. Using the Seated app you can scan restaurant receipts and upload it to get back up to 30% of your total bill in the form of gift cards.
5) Vindale Research -$50/survey
Another research company like Pinecone Research, but your earning potential is a lot higher. We are talking up to $50 per completed questionnaire.
They have high paying surveys added daily and have $6,955,991+ already paid to members.
And the best part is, you get paid cash via check or PayPal – not points.
6) Online Research
Pinecone Research is a site that pays cash for sharing your opinion. They conduct surveys to help them develop products based on consumer opinion – which is you. So by taking the time to answer the questionnaires, they pay you money in return.
How much you earn depends on how many surveys you complete a day. Typical surveys take an average of 10 minutes and can earn you up to $10.
You earn points by completing these surveys that you can redeem for cash and gift cards.
7) Pay your Selfie
Raise your hands if you are a selfie person. Strangely I’m not (and more because I am camera shy:). But if you enjoy taking selfie’s you can earn money doing it.
This app shows you a list of selfies you can take like a travel selfie or a shopping selfie and pays you for each of your selfies. You can redeem for cash once you reach $20. You earn up to $1 a selfie, so you can cash out in no time.
This a reliable app has been featured by big-name companies like The New YorkTimes. Sign up for free and click away!
Related post: Incredibly easy ways to get free money right now
8) Raise
Got a lot of unwanted gift cards lying around your house?
With Raise, you can sell those gift cards for cash via direct deposit, PayPal or check.
All you need to do is upload your listing for free and when your card sells you make money. They accept gift cards and merchandise credit from any brand or restaurant. And you can set your own selling price too.
9) Paribus
*Note Paribus compensates us when you sign up for Paribus using the links.
Paribus is a Capital One owned app, that gives you refunds when there is a price drop for online purchases.
Say you bought a laptop for $499 and later the price drops to $399, you will get $100 deposited back into your account.
That’s not all, Paribusalso compensates for late deliveries and helps you rebook hotels and accommodations for the best price.
You don’t need to contact customer service for your refunds or keep track of product prices, Paribus will scan all your email shopping receipts regularly and pay you the refunds.
10) Acorns – $5 Bonus
This is an investment app that is great for beginners because you can start investing as little as 20 cents!
Actually, this is a creative way to save money. Once you install the app, every time you shop Acorns will round it up to the nearest dollar and invest the spare change for you.
So if you were to buy a coffee for $2.60, Acornswill invest the $0.40 for you. Every little bit adds up, right?
I just love this idea because you don’t need to make a conscious effort to save, as acorns will do it for you.
11) Neilsen Panel – $50
This app pays you $50 a year if you just let it run on your tablet or smartphone.
And
Why they need you to do
They do not collect user ID’s or passwords, so you can be sure your information is held safe even if the app is installed.
Sign up here if you live in the US and make money every year you are with them.
12) Cashback apps – $20 Bonus
Needless to say, cashback apps are a fantastic way of getting money back for all your shopping.
How do these apps work?
Once you sign up to them, you log into these apps and find your retailers (like Amazon, Walmart etc) and make your purchase. You receive points for your purchase that you can redeem for cash, gift cards or via PayPal.
Here are some of my
13) Job Spotter
An app that pays you for snapping photos of hiring signs.
Job Spotter a mobile app that is free to download for both Apple and Android users. Start taking photos of vacancy boards and the shop front and begin making money.
You earn points for each photo you send. These points can be accumulated to earn you some Amazon gift cards.
14) Weight Loss App – $10,000
This is here is a big one.
You get paid in thousands for losing weight and it is legit.
How this works is, you set a bet amount, the kilos/pounds you like to shed and how many months you think it might take. So if you bet $6 for 10 months to lose 10 pounds and you succeed, you can earn anything up to $10,000 in prize money.
Play around with their weight loss calculator here to see how much money you can make. They take into consideration, the gender, height and weight of each individual. So results may vary for everyone.
And you can be them too. This is a cash-based challenge to help you lose weight and make money for doing it. The money here is a big motivating factor that will help you nail your target.
15) High Paying Surveys
Surveys can indeed be a great way of making a few extra dollars each month.
To make the best out of surveys, its best to sign up to them all, so you can pick and choose the surveys you want to do and cancel the ones that don’t work out well for you.
Here are a handpicked survey sites that pay up to $50 a survey.
MindsPay– $50
Vindale Research-$50
Panda Research– $75
Cashback Research-$60
16) Get paid to read emails
Inbox dollarsis a site that pays you for reading emails, surfing the web, or making purchases online.
They are a BBB accredited business and have paid over 57 million in rewards. Definitely worth trying if you are looking for more ways to earn.
Here is a $5 bonus just forsigning up here.
17) Foap
This is a photo selling app available to both Android and iOS users.
You download the app and upload your photos and videos. You earn 50% of the profit when you sell
18) EYEem
This is another photo selling
I love the idea of making money from photos because a SINGLE image you upload can be downloaded a thousand times and for each of those downloads you make money. A fantastic passive income idea.
With
19) Instacart
This is a grocery delivery app where you get paid to be the shopper. You can set your own schedule and get paid weekly with Instacart.
You are free to take time off and choose to work as much or as little as you like.
You need to be 18 years and over with eligibility to work in the United States.
20) Mercari
Mercari is a selling app, where you can sell anything for cash and you set the price. From fashion, toys and electronics, you can start listing them and make money.
Their website claims to have over 100k listings a day with over 35M downloads of the app.
Upload an image of a product you want to sell (either new or used) and list the item on the app.
You get paid via direct deposit with just a minimum payout of $2.
21) Easy Shift
This free app is available on the App Store and Google Play in the US and the UK.
You earn for doing short tasks, like taking photos of products, checking prices, and reviewing promotions.
Payments are made to you via PayPal and it usually takes only up to 48 hours after approval.
22) Declutter
This is another selling app where you can sell your phones or any tech devices for cash. You can also sell your old DVDs and CDs too.
You just scan the barcode of the product you want to sell and the Decluttr app will give you the price on it. Once you download the app, it transfers your phone camera into a barcode scanner.
If you don’t have a barcode, you can enter the make, model number, and condition of the product.
Once your product reaches their warehouse, they will check the product and pay you the day after.
23) Poshmark
This is an app for selling fashion online – from clothes to shoes.
Once you take a photo of the product you want to sell, you can list the item and share it to get seen.
Poshmark will supply you with pre-paid labels and have it picked up from your home for free, making the delivery so much simpler.
The Poshmark app is free to download on Apple, Ipad and Android devices.
24) LetGo
Let Go is a selling app that is not restricted to just fashion. You can sell any secondhand items you don’t need anymore.
Download the app, take a photo of your item and start selling.
Its totally free to use without any hidden charges, and you are free to even sell your car!
Apps that Pay You Money
2 Popular Money Making Sites- Earn up to $50 each time you share your opinion about products and brands - available to those in the US, Canada and Australia. Join Survey Junkie here, it's free!
- Take part in daily surveys worth up to$35 with Swagbucks.
One of the best forms of income is passive income. That’s because it flows in while you’re busy doing other things. It can provide a valuable second income, that you can use to fund your retirement plan, get out of debt, or save up for your next vacation.
With the dozens of passive income apps available, you can find one for just about any income venture you can think of. Some are truly passive–you invest money or create a product or service–then the income rolls in without any further action on your part.
Others are what you might call semi-passive. They require a significant amount of effort up front, but then very little later on while maintaining a continuous cash flow.
There are many passive income apps available, offering a wide variety of ways to earn more money. You can sign up with any of these apps to start earning passive income that requires little time or effort.
Let’s take a look at the best passive income apps for a variety of income sources. You’re certain to find one that will work for you.
Shopping Apps
Shopping apps are a way to earn passive income through regular activity, like shopping. The shopping is certainly active, but since you’d be doing it anyway, the rewards you earn are true passive income. Just be careful you’re not spending money just to get the rewards, otherwise, you’ll end up spending more money than you earn.
Shopping portal rewards apps worth plugging into include:
1. Rakuten (Formerly Ebates)
Rakuten is probably the most popular shopping rewards app right now. You’ve likely heard of it as Ebates, but Rakuten has actually owned Ebates since 2014. Then in 2018, the company began integrating Ebates fully with Rakuten.
The app still works the same as always: it connects you with more than 2,000 online companies that pay cashback rewards. The rewards go to the company, which then splits them with the app user. It’s an excellent way to get cash back on your regular shopping activity. Check out our full review here.
2. Birch Finance
Birch Finance analyzes your regular spending, then helps you to maximize credit card rewards. It even recommends credit cards that are more suitable based on your spending patterns. Just be aware that cash back offers work best for people who pay off their balances in full each month. If you carry a balance, the interest charges may more than offset the rewards.
3. Seated
Seated is an app created specifically for restaurant dining. If you make a reservation through the app, you can earn gift cards worth as much as $60. This is an excellent way to generate gift cards if you’re a frequent diner.
Saving and Investing Apps
Savings and investing apps enable you to accumulate higher savings, either through earning investment income, or allocating a portion of your regular spending to savings and investing. Either activity, earning investment income or making regular allocations to savings and investing, are passive activities. With either activity, you’ll have more money at the end of each month.
Some of these apps do involve taking on a certain amount of risk of loss. If you’re not comfortable with that prospect, it’s best to use several apps for diversification purposes. For example, you might want to have one that focuses on bank savings, one for stocks, another for bonds, and still another for reIal estate. In that way, you can create a fully diversified portfolio with a small amount of money.
Saving Apps
5. Capital One 360
Capital One 360 offers a variety of ways to earn extra income on your banking activities. For example, they pay interest on checking, and above average interest on savings. But they also charge very low fees, which also helps to increase your bank balance. Check out our review of Capital One 360 here.
6. Digit
Digit is a micro-savings app that helps a non-saver become a saver. It evaluates your spending habits and transfers very small amounts of money from your linked bank account into your Digit account. This is a way to build up savings passively since it involves no additional action on your part. To learn more about it, check out our review of Digit here.
7. Acorns
Acorns is a combination micro-savings and micro-investing app. It works using a process called “round ups”. When you make a purchase for $5.25, Acorns rounds the amount up to $6, pays the vendor $5.25, then transfers 75 cents into your Acorns account. Once you accumulate $5, it’s transferred over to the Acorns robo-advisor, where it’s invested and managed for you. It turns spending money into savings and investments. Check out our full review of Acorns here.
Check out the new Acorns Spend checking account as well. This provides you with a useful debit card that invests and saves for you instantly as you make a purchase. There are no overdraft or minimum balance fees to worry about. Plus, you get free bank-to-bank transfers and access to free ATMs nationwide (and fee-reimbursed ATMs). It’s investment, retirement, and checking all in one place.
Investing Apps
These are apps that enable you to invest very small amounts of money, giving you an opportunity to earn income on your savings. This is the best kind of passive income of all, since you’re essentially earning money on your money.
8. Stash
Stash is a micro-investing app that allows you to invest with no minimum deposit. They provide an investment template of exchange-traded funds (ETFs) and individual stocks to invest your money in. They don’t manage your investments, but they do give you an opportunity to get started if you never have in the past. Check out our full review of Stash here.
9. Betterment
Betterment is an automated online investment platform, commonly known as a robo-advisor. You can open an account with no money at all, then fund it with regular contributions. Betterment will design a portfolio for you, and then manage it for a very small fee. Check out our full review of Betterment here.
10. M1 Finance
M1 Finance is another robo-advisor. You can create your portfolio for free. Schedule deposits in a way that works best for you, weekly, bi-weekly or monthly. Check out our full review of M1 Finance here.
11. Ally Invest
Ally Invest is diversified investment brokerage, where you can get involved in self-directed investing.
But they have their own robo-advisor, Ally Invest Cash-Enhanced Managed Portfolios, so you can have some or all your money professionally managed, while also having the option to dabble in individual investments.
Here are a few of the highlights of Ally Invest Cash-Enhanced Managed Portfolios:
- Low Advisory Fee: 0.00%
- Low Investment Minimum: $100
- 24/7 Support: You can call or chat with a member of Ally’s customer support team whenever you have a question.
- Rebalancing: Ally Invest will keep an eye on your portfolio and rebalance your asset allocation mix when necessary.
With Ally Invest Cash-Enhanced Managed Portfolios, you get to create your own customized portfolio that matches your risk tolerance. And once you’ve told Ally Invest how you want your money diversified, they take care of the rest. You just get to sit back and watch your money grow.
Check out our full review of Ally Invest here.
Dividend Investing Apps
Some investors are not entirely comfortable with growth stocks since they can swing in uncomfortable directions. But you can still invest in stocks and earn a steady income by investing in high dividend-paying stocks. You can do that through diversified investment brokerage platforms.
Ally Invest (Again!)
Ally Invest enables you to invest in anything you like. You can choose high dividend-paying stocks, or invest in either a mutual fund or an ETF that invests strictly in high dividend stocks. Ally Invest also has very low trading fees to make investing less costly. Check out our full review of Ally Invest here.
12. TD Ameritrade
TD Ameritrade is another diversified investment brokerage, but one with a higher degree of hands-on financial assistance. You can also use TD Ameritrade to invest in high dividend-paying stocks on this platform or choose ETFs or mutual funds.
Disclosure: All opinions expressed are our own. We are compensated by some of the businesses that we review (e.g. TD Ameritrade).
Bond Investing Apps
A way to earn higher interest, without taking the risks involved with stocks, is to invest in bonds. There are apps that can help you do that as well.
Ally Invest (Again!)
Ally Invest gets a strong mention anytime the topic is investing because they offer virtually every option available and at very low fees. But you can use this broker to buy individual bonds, or invest in ETFs or mutual funds that invest in bonds.
13. Worthy Bonds
Worthy Bonds makes loans to small businesses, mainly to help them with their inventory and purchase financing. This enables them to earn higher interest, which they pass on to their investors. You can earn 5% on your money by investing as little as $10. That’s well above the rate of return you can get at a local bank. Plus, you can feel good about assisting small business owners.
Peer Lending Apps
More formally referred to as “peer-to-peer” (P2P) lenders, they allow investors to fund loans directly to borrowers. In the process, investors earn much higher interest than they can with traditional bank investments. It’s essentially banking without the banker, and where you as the investor become the banker.
14. LendingClub
LendingClub is the largest and best-known P2P platform. You don’t fund loans but instead invest in small slices of loans, referred to as “notes”. Each note is $25. With a minimum investment of $1,000, you can diversify across 40 different notes.
One disadvantage with Lending Club is that most states require you to meet minimum income and net worth requirements. But if you do, you can earn much higher returns than with bank investments. Check out our full review of Lending Club here.
15. Prosper Invest
Prosper Invest not only operates similarly to Lending Club but is also its primary competitor. One of the main advantages with Prosper is that you only need $25 to open an account.
Real Estate Crowdfunding Apps
A lot of people would like to invest in real estate, but don’t want to get their hands dirty. With the many investment apps available today, that’s now entirely possible. You can utilize real estate crowdfunding apps that allow you to invest in commercial real estate without getting involved in the process itself. You invest your money, and earn your return–it’s that simple.
16. Peerstreet
Peerstreet is a real estate crowdfunding platform that enables you to invest in loans on commercial real estate. These are high quality private real estate loans, that pay high-interest rates.
You can invest with as little as $1,000, but it does require you to be an accredited investor. That means you must be either have a high income or a high net worth. Check out our full review of Peerstreet here or you can click here to sign up.
17. Fundrise
Fundrise is similar to Peerstreet, except you don’t need to be an accredited investor.
With as little as $500, you can invest in one of two real estate investment trusts (REITs). One is an eREIT, which provides income, and the other is an eFund, which invests for growth. Fundrise is the perfect app for a small investor to invest in commercial real estate.
Typically, investing in REITs can be expensive because of high administrative costs. And they also tend to require that your money remain illiquid for several years.
Low Fees
But Fundrise portfolios charge a total annual cost of 1% (including their investment advisor fee and management fee). That’s not as low as what you’d pay with some of the cheapest stock and mutual fund robo-advisors. But it’s much better than the typical cost of investing in commercial real estate in a REIT.
Potential Liquidity
Fundrise has also built in the potential for quarterly liquidity to their plans. If you need to access your funds early (before five years), you can request that on a quarterly basis.
However, you may owe a fee, depending on how long you’ve owned the investment. For this reason, we recommended that you only invest in Fundrise if you’re ok with your money being tied up for at least 5 years. But it’s good to know that you have the potential to get your hands on your money early in the event of an emergency.
Performance
Although past performance is no guarantee of future success, Fundrise has quite an impressive track record.
If you’re not an accredited investor but would like to dabble in real estate crowdfunding, Fundrise may be exactly what you’re looking for.
Check out our full review of Fundrise here or sign up now.
Equity Crowdfunding Apps
We’ve already covered crowdfunding for consumer loans and real estate. But it also exists for upstart businesses to fund their ventures with money from participating investors.
This is a classic example of a high reward/high-risk investment, which is why it’s generally reserved for accredited investors. But if you meet the qualifications, it’s a way to earn much higher returns than you can get on more conventional investments.
Equity crowdfunding apps include:
18. AngelList
AngelList enables registered investors to help fund various business ventures. Investors pool their money to invest in business startups. The minimum investment is $1,000, and the best strategy is to invest in several different ventures. That will both minimize the losses from the failure of one or two ventures, and maximize the overall profit potential.
19. CircleUp
Circle Up allows investors to fund relatively new businesses with existing cash flows. This is usually money used to expand a business, rather than to launch a brand new venture. It should prove at least somewhat less risky than funding brand new ventures since the business already exists. The minimum investment is also $1,000, and diversification is strongly recommended.
20. Fundable
Fundable doesn’t work with any specific type of business, so the possibilities are wide open. Once again, the minimum investment is $1,000. But Fundable may be a bit more solid than funding pure startups since it also helps companies develop their businesses and expand their cash flows.
Passive Income Through Ownership
Now we begin the shift into what might be best referred to as semi-passive income apps. That’s because they typically involve an investment of either cash or time and effort. But for most, once you get the venture up and running, you earn income with very little time or effort on your part.
These may not fit the pure definition of passive, but they have the potential to produce much higher income flows than purely passive ventures. We’re presenting several alternatives, so you can choose the one that works best with your time, talents, and preferences.
Leasing/Renting Your Stuff Apps
One way to earn some passive income is to rent out certain assets you have, but may not be using.
21. Turo
Turo is a carsharing marketplace. You can rent out your vehicle either online or through mobile apps. People rent your vehicle for a little bit less than what it costs through a car rental company. You’ll earn money for that rental during times when you wouldn’t be using your vehicle anyway. You can lease out your car for as little or as much time as you choose.
22. Outdoorsy
Outdoorsy is an RV rental marketplace for people who own recreational vehicles. And if you do, you can rent them out and earn some extra money. After all, you’re probably not using your RV most of the time. And when you’re not using it, you can rent it out to help pay for it.
Rental Property Management Apps
You can do the same thing with your home or investment real estate that you can do with your car or an RV through rental property management apps.
23. Airbnb
Airbnb is an app that enables you to rent out your home to travelers. It gives you the advantage of earning some money on your home, while guests pay less than they might at local hotels. It could work particularly well if your home is located in a large city or a popular tourist destination that draws a steady flow of travelers.
24. Zillow Rental Manager
Zillow Rental Manager helps you manage your rental property more efficiently, and that can put more money in your pocket. It enables you to list your rental on Zillow, Trulia, and HotPads. It also allows you to screen tenants online, run criminal and credit checks, and have rental payments sent directly to your bank account.
25. Landlordy
Landlordy is a “mobile companion for a private landlord”. It can help you manage and control expenses, which will maximize the profit you earn on your rental. Landlordy also assists with digital organization of key documents and communication with tenants.
26. Cozy
Cozy is a free app that gives you “modern tools” to help you spend less time managing your rental. They help you find and communicate with tenants all within the app. They also allow you to collect rent automatically and track your expenses.
27. Honeygain
We’ve discussed renting out your stuff–house, apartment, car, etc. But have you ever considered “renting” out your Internet access through your electronic devices? That’s basically how Honeygain works.
The app enables you to share your unused internet bandwidth. Data scientists will gather businesses that use this for intelligence and market research.
When you sign up with Honeygain, it’s a simple process: just give your email and create a password. Next, you’ll need to install the Honeygain app on any device you like. When those devices are connected to the web, data scientists will use the Honeygain network to connect to the Internet. Earning is simply based on the amount of GB you share with the Honeygain network.
Earning App Log In
Once your account and devices are set up, you can begin earning passive income.
Blogging/Writing Apps
These are at best considered semi-passive income ideas. You’ll have to put a reasonable amount of work into the venture at the very beginning, just to get it up and running. But once you do, cash will flow in, even though you’ll need to keep it regularly updated. One of the underappreciated aspects of this type of venture is that it can lead to all kinds of opportunities you never imagined.
28. WordPress
WordPress is a free app you can use to create a professional-looking blog or website. They offer various templates, which you can customize based on your own personal preferences.
You can make your website as simple or as complicated as you like. WordPress even offers premium templates to provide a higher quality website. It’s a perfect app to use if you’re new to blogging or creating a website. Not only are many of the apps free, but they’re also very user-friendly to install and work with.
29. Medium
Medium is an evolutionary version of Twitter that allows you to publish ideas and stories that are longer than 140 spaces. You can create stories and updates, and use it to promote your blog or website.
It’s a way to get your content out on the web, where you might find clients willing to pay for what you write.
Related:How to Make Extra Money Blogging
Self-Publishing Apps
Have you ever dreamed of writing a book? There are apps that can help you do just that. Self-publishing has become one of the new waves of the 21st century, and offers a real opportunity to get your book idea in print, without going through the usual grind with the major publishing houses.
30. Scrivener
Scrivener enables you to build a manuscript. You can write when the mood strikes you, then come back and continue your work later. You can even write random ideas and chapters, then organize them as you go forward. It also helps you to do research as well as edit your work.
31. Everywriter
Everywriter works in a similar manner to Scrivener, in that it offers you a basic outline to write a book or other document. It provides an online outline design, and can even facilitate your book cover design.
Apps to License Your Creativity
If you have any kind of creative ability at all, chances are there is an app that can enable you to monetize it. Check these out…
32. Shutterstock Contributor
Shutterstock Contributor is a mobile app that enables you to upload photos on the go. It has an auto keywording function that makes it easy to complete submissions on your phone. It also enables you to check your Shutterstock earnings and activity.
33. Foap
Foap can be used to make extra money with your photos and videos. When a client wants to purchase your work from your online portfolio, you do a 50/50 split with Foap.
You can even submit pictures and videos to one of the Foap “missions” and win hundreds of dollars. The Foap community has nearly three million members, so there’s a huge potential market for selling your work.
34. EyeEm
EyeEm works much like Foap. You download your photos, which are then available to customers and clients who use the app. In addition, EyeEm hosts weekly photo competitions as another means for winners to earn more money.
You earn royalties on those photos as they’re selected by clients.
35. Amuse
Amuse is a mobile record company that does for music what Shutterstock, Foap, and EyeEm do for photos. It allows unsigned artists to distribute their music to digital platforms. It also provides an opportunity for the creator to be signed based on data-tracking hit potential. It’s a fairly new app, having only been launched in 2017. But it could be a real opportunity for musical talent to find its way to the mainstream.
36. Udemy
Udemy is a platform that enables you to create courses. For example, let’s say you want to create a course on playing a musical instrument. Do it on the web platform, and even have Udemy help you market the course to users.
You’ll share some of the profits with the platform, but it’ll be a significant earning opportunity if you have a specialty you’d like to arrange into a course to be sold to potential students.
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Final Thoughts on the Best Passive Income Apps
Some of the apps on this list do require an investment up front to generate a passive income.
But there are a lot more that could help you capitalize on talents or even hobbies that you have. Whether it’s creating photos, videos, or even courses, you can create it, then watch it generate steady cash flow for a very long time.
Creating multiple income sources is becoming more important all the time. Passive income streams are the best sources of income because they ultimately require little or no effort going forward. Pick one or more of these apps, and get your passive income started.