Interesting read, thanks for sharing. I suppose that online surveys may generate a few extra dollars on the side for some people, but it does require you to qualify for certain surveys online. In many cases you may not qualify, and will result in having to search for more surveys. This can be time consuming and in most cases not as profitable as may be expected.
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Second, there is nobody that’s making $3500 a month filling out online surveys. Sure, there are people who may earn $1000 or even $2000 a month, but they are in the minority. For most of us, it would be impossible unless you join every survey site that there is and spend every single waking hours filling out surveys. And that’s assuming if you are lucky enough to have that many surveys available, to begin with.
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Now, don’t get me wrong. There are people who do make a few thousand dollars or more a year with paid surveys. But that’s not the norm. If you do want to increase your earnings substantially, your best bet is to also join focus groups (we have a big list of ’em. Just do a quick search on Google for “moneypantry.com focus groups”). They pay much more between $50 to $400 or more per focus group secession.
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How it works: LifePoints is the survey platform of a company called Lightspeed, which is owned by Kantar (one of the world’s largest market research and consumer data analytics firms). The platform was formed as a merger of two of the company’s other products, MySurvey and Global Test Market, and gives users a variety of ways to earn points that can be redeemed for cash:
When I first joined and I had issues I thought I’m new at this and will keep at it ti at least get one payout from them. After many surveys telling me that I didn’t qualify after completing the entire survey I got nothing while they got all my answers. This happened quite a bit and the ones that I did get paid for is a few cents for anywhere from 30 to 60 minutes. So it took me like four months to make $68 and wouldn’t you know what as soon as I make a request for my payout I get told I’m not getting anything because my account has been terminated.