Skip to main content
Now building my TET.Life Store.

Making Money with Paid Surveys - Is it Worth the Time?

Paid Surveys - A good way to make money?
One of the most basic ways you can earn money online is with paid surveys. It doesn't require any skills other than being able to read and fill in an online form. How much you earn is totally dependent on how much time you devote to qualifying for, and filling in surveys.

Most paid survey sites use a point system where, once you earn a certain number of points, you can cash them out for actual money or other rewards. If you're prepared to fill in surveys all day every day, you could conceivably rack up a lot of points very quickly, drawing out cash in a very short period of time. But is it really the best use of your time?

Check out the bold claim at
the bottom of the Survey
Compare Sign Up page.
(Click to enlarge).
I've done these paid surveys before and, to be honest, the frustration wasn't worth the money I made. However that was over ten years ago.

I recently saw an ad on Facebook for paid surveys by Survey Compare that made this incredible claim in it's disclaimer:
*The amount of money you can earn depends on how many companies you choose to sign up for and how long you want to spend completing surveys. For instance, the average survey pays $30; taking 5 surveys a day, 5 days a week gives $3,000/month

Notice the last sentence example. The average survey pays $30.00. Five surveys a day, five days a week, could net you $3000/month.

I'm not disputing $30.00 surveys don't exist, but I've yet to see one. Not when I used to do surveys, and so far (I'm three days in), not since signing up again. I suspect $30.00 survey's are more like unicorns rather than the norm.

Survey Compare's FAQ on how much
you can earn is more like the reality.
(Click to enlarge).
The highest value single survey I've ever come across (in all the time I've done surveys) is $5.00 - and even that was a rarity.

In the last three days I've seen nothing over $1.50.

If you dig into Survey Compare's main UK site and read their FAQs for how much you can earn, you get a more realistic assessment of your earning potential:

We always tell people that doing paid surveys will make you “pocket money”, not a full-time salary. We would strongly advise you to stay clear of any websites that claim you can get rich by taking paid surveys.

I signed up (again) based on their landing page. Not because I actually thought $30.00 per survey would be even close to the average but to see if, at least, the earning potential has improved from years ago. So far, not really.

The one thing they don't tell you is you have to qualify for a lot of these surveys, often by answering the same questions over and over again. Quite frankly these sites would be better served screening people based on their profile info, because often the qualifying question answers are right there in your profile... like your age and gender for example.

The point being, you'll get screened out quite a bit because it's unlikely you're going to be the target group for many of the surveys you sign up to. Particularly if you're not buying a car or planning to travel in the next 12 months. Honestly, if you can afford that kind of swag what are you doing with paid surveys?

Getting screened out five surveys in a row puts a bit of a crimp in that five surveys a day at $30.00 per survey (if you can find 'em). You'll earn a few meagre points for trying (3-5) maybe, which is nothing when at least one site I know of, you need 14,000 points just to cash out $20.00. That's a far cry from one survey paying $30.00 and hours of work!

Pocket money is really what paid surveys will earn you unless you're prepared to really knuckle down and treat it like a five day a week job. It's not hard. You don't even have to spend time seeking out surveys. I've had a steady stream of invitations to surveys daily since I signed up. I'm sure there's probably a strategy to optimise your time too.

Personally I thought it might be something to do in the evenings while I'm watching TV. Instead of browsing social media on my tablet, why not do something that can be earning me a little extra income. I mean it's almost equally as mindless, right?

If you're serious about making money online, paid surveys is not the best use of your time. There are definitely ways to earn far more money in less time for far less effort, that are more mentally challenging and enjoyable.

But, if you've got some mindless time to fill in your day, and you don't mind filling in online forms, paid surveys might be something that can help monetize your down  time.

---o ---o--- o---

If you're looking for an alternative to paid surveys try putting the same amount of energy into writing a blog, like this one, about a niche subject that interests you. Treat it like a daily job with set hours and you could grow it into an asset that will earn you far more in a year than the same amount of time spent on paid surveys.

A blog monetised with Google adsense leaves a longtail of recurring passive income, whilst the authority you gain on writing about a subject you know, can lead to opportunities for paid reviews, guest speaking engagements and more. If that sounds appealing check out ProBlogger or Raelyn Tan's Blog for all the info you need to start a blog business.

Comments


Buy Gifts and Apparel featuring art by TET

Popular posts from this blog

Guest Post: MY SOOPER DOOPER NEW CONSERVATORY/ART STUDIO!

Today's guest post is by Artist, Writer, and Mental Health Advocate, Jo B Creative who writes for her blog, Creating My Oddessey.

You should see our (almost) brand new conservatory, half of which is my art studio. 'Lucky me!' I think to myself. Not every creative bod can boast that. It's HUGE! Like a giant greenhouse.

We first moved to our pleasant cul-de-sac house - great for raising kids - when our son, who's on the cusp of thirty-one, was four. One of the main reasons that we wanted it was that, apart from its location on the fringes of a historic market town in rural Hampshire, UK, it had a sizable conservatory looking onto the back garden. It was brown wood framed and had a corrugated transparent roof sloping down from downstairs ceiling height. On the face of it, it doesn't sound that glamourous, but we loved the idea of a conservatory. Luxury! I even liked the red brick walls which it was built against - the original exterior of the house - and the light …

The Star Wars Saga: Episode II, Attack of the Clones *All Spoilers*

Continuing my series of posts, as one of my local TV stations shows every Star Wars movie in order, every Saturday, for the next six weeks leading up to the release of Star Wars, Episode VII, The Force Awakens, here is my response to and thoughts on Star Wars, Episode II, Attack of the Clones.

After The Phantom Menace I just wasn't interested in seeing Episode II in the cinema. I don't think I made any effort to see it or even had any anticipation for it's release.

Revive Skateboards, Design a Lifeline Competition - My Pizza Monkeys Entry Submission

About a month ago Revive Skateboards launched their #DesignALifeline competition where entrants had to purchase a specific Lifeline template skateboard deck, draw their design on it, and then post a photo of their finished board to Instagram with the hashtag #designalifeline.

With only 200 template boards being made available, I liked those odds, and bought a deck within an hour of seeing the competition announcement video on the day it was posted. The deck cost me US$40.00 and about that again to have it mailed to Australia. It's the most expensive competition entry I've paid for to date.



The winner gets to have their design released as an official deck as part of Revive's Spring 2020 product release. As well they get three copies of their deck along with a sponsor pack (which typically consists of a number of decks, clothes, wheels etc. from Revive's range). Four runners up will get a sponsor package only.

If you're thinking you might like to enter, unfortunatel…

Boom Crash Opera Born Classic But Not Again

Boom Crash Opera are an Australian Band that reached the peak of their popularity in the mid to late nineteen eighties. They are a band that I knew about at that time but was never really excited by until they released their ill fated double album Born and Born Again in 1995 (Album cover pictured).

At the time of its release I was very much into emerging Australian musical acts and was also looking out for new sounds that were different and had kind of a futuristic/electronic sound. Artists that I was buying at the time included; Swoop, Nine Inch Nails and Pop Will Eat Its Self. As well as a really interesting release by David Bowie, the concept album, Outside.

Born was a fairly radical departure for Boom Crash Opera (BCO). The first single, Gimme, was often compared to the sounds of Gary Glitter, particularly his single, Rock n Roll part 2, because of the pounding drum loops. Watch the video below.



My favorite single from the album is dissemble which probably went nowhere on the char…

Momentary pauses in cyberspace...

I got to thinking about blogs and the fact that anyone can leave a comment to my posts. When someone comments, the polite thing to do is to respond with a comment under theirs. This may prompt an additional comment but really that person has no real intention of in depth discussion. They're just passing through.

It's a lot like walking down the street with a complete stranger approaching from the opposite direction. Your intention is to simply pass them by but as you come within talking distance the stranger says 'Hi, nice day isn't it.' Like they needed to share that little highlight of information to brighten your day too.

You can smile and nod in agreement, or go so far as to say 'Yes isn't it' whilst passing by without so much as a break in stride. It's all that is required to be polite.

Sometimes though, you want a bit more from your stranger. Why did they decide to say 'Hi' to you? Unfortunately you can't back track and ask your stran…

Kids today are smarter than their parents?

How often have you heard it said that kids today are smarter than their parents? I’ve heard it quite frequently in the media – even Dr Phil has said it. I say speak for your self. It’s not true and don’t let the media fool you.

Today’s kids may have access to more information that may give them more choices but in my experience, they only take in what they want to hear and still make stupid, uninformed decisions. Just like we used to at their age.

Like any cross section of people there will be exceptions. There are kids that are genuinely smarter, more mature and responsible for their age. However the vast majority know everything they need to know by the time they turn fourteen. They’re ‘adult’ enough to be responsible for all their own decision making so parents should just let them do what they please…right? Just like we thought at fourteen.

Don’t be fooled. Just because your son knows how to download MP3’s onto an ipod, or your daughter can chat to five friends at the same time on he…

"You are the Generation that bought more shoes..."

"You are the generation that bought more shoes, you get what you deserve." This quote is a song lyric that I heard on the radio (my apologies to the writer and artist that it belongs too because I don't know who either of you are). It's a great line and I can only assume it refers to the apparent lack of interest today's eighteen to twenty somethings appear to have in more serious and deeper issues.

Not that I'm trying to hold myself up as someone who campaigns strongly for the greater good of human kind or that I spend significant amounts of time raising awareness of important issues. I'm certainly not a poster boy for changing the attitudes of people with too many shoes but lyrics like that do make you think.

It's at this point that I really don't know where to go with this article. Should I focus on the material nature of modern society and its obsession with having more stuff? Or should I mention a few important issues, like Human Rights Abuses,…