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Tuesday, December 28, 2010

Making Money Taking On-Line Surveys

Making extra money from home is more appealing now than ever and the convenience of the internet makes it a viable option for many people today.  But can you really make money taking these online surveys?

The Lure
We have all seen the advertisements in our email, “get paid for your opinion.”  It seems so easy; we want it to be true.  Just tell them what you think about products you already use and you will be compensated for your time.  You can work from your home at your kitchen table while the money rolls in.  Why wouldn’t you take advantage of this offer?

The Reality
The reality of situation is this; you will not make over a couple of dollars a day for your efforts.  Sure, you can register at multiple sites that offer payment for your time taking surveys and maximize your income.  But then you are looking at hours of work for minimum pay.  Despite what the advertisement says, most surveys only pay a couple of dollars at the maximum and it has been my experience they take longer to complete than is worth the pay.  Most surveys I have completed have taken at least 20 to 30 minutes, not counting the time it takes to see if you even qualify for each survey.  At $2.00 a survey that would earn me around $4.00 an hour.  This is pretty measly pay even if you are working from your home.   

The Conclusion
So, is it something you should consider doing?  That depends on what you are looking to achieve from your home business efforts.  I take surveys occasionally from one site and redeem my pay in amazon.com money.  I use the money to download MP3 songs.  I am an old fogey, so I don’t need much in the way of an MP3 allowance.  One or two songs a month works for me.  Heck, when I am feeling generous I even let my teen have a couple of songs.  Hope she knows how hard I had to work for it.