They don’t give a reason for this, but I assume it has to do with taxes. You see, if you pay someone $600 in any given year, you are required by law to report that earning and send them a tax form at the end of the year. And since 60,000 equals to $600, I assume they have that rule in place so they don’t have to deal with all that paperwork come tax time.
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.
Brands spend a lot of money on creating products and services. But a lot of that time and money is wasted because these offerings end up not meeting consumer needs. Insert InboxDollars, a market research company. Companies like InboxDollars act as a bridge between product makers, service providers, and consumers. People like you and me get to get extra money to take surveys and give feedback, while the companies learn how to make better products. Rather than seek out feedback directly, they enlist a company like InboxDollars to get our feedback.
How it works: With Survey Club, you can take part in some of the highest-paying research, clinical trials and surveys available. There are often location-based opportunities (such as focus groups), and unlike some of the other companies on this list, Survey Club often gives you the chance to test products that researchers will physically mail to you free of charge.
In addition to earning real cash and helping brands with critical marketing information such as consumers’ preferences, you can also earn so-called “spins”. You can use these to play the Billy the mascot’s Spin and Win game which will earn you additional money, survey tokens and sweepstakes. Consequently, you will bank even more cash after completing a survey.
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.
With InboxDollars®, members earn cash for doing what they love online. Our members consistently read emails, take surveys, play games, sign up for offers — and come back to our site to find more ways to earn. With our extensive experience in online rewards and in segmenting broad demographics, we can bring specific types of members together with modern brands.
You don't get any money until you've saved up to $30 in credit. I don't qualify for most surveys I try to do. Lottery scratch points tease $10, $25, or even the chance to win $100, but all I've ever won is a few cents. I wonder if it even is possible to win any dollar amount or if that's just a lie. At most I earn several cents a day. Definitely not worth the time.