How to Make Quick Money Online

Making Money, Personal Finance
how-to-make-quick-money-online

If you have a computer, an internet connection and a high tolerance for tedious tasks, you can make quick money online. You’ll just have to think small: bite-size tasks with bite-size paychecks that can add up if you do enough of them.

Typically, these online jobs take minutes to complete and involve answering surveys, testing websites, transcribing videos or other one-off assignments. For each task, you receive anywhere from pennies to the rare double-digit dollars.

It’s up to you to determine whether that type of work and the meager earnings are worth your time. There are other things to watch for, too, such as not getting paid for your efforts. More on that later.

Here are the pluses and pain points of several popular sites that will pay for your work:

Complete tasks with Amazon’s Mechanical Turk

What: Amazon’s popular Mechanical Turk is an online marketplace based on the concept that people do some jobs better than computers. Temporary employers, or “requesters,” list “human intelligence tasks,” known as HITs, that workers can complete for pay. That includes tagging images, describing content that appears in videos and participating in studies. The amount you receive depends in part on the effort and time needed to complete a task. For example, you may earn $12 for transcribing an hourlong video recording and 80 cents for a three-minute recording.

Watch for: Those who’ve tried Mechanical Turk give it mixed reviews. Some people have filed complaints against Mechanical Turk and left negative reviews with the Better Business Bureau. Kristy Milland, founder of the TurkerNation.com online community, says inexperienced “Turkers” are at risk of getting swindled because it can be hard to know whom to work for. At worst, a requester may take your work and refuse to pay.

Mechanical Turk’s participation agreement states that Amazon has no control over requesters and their actions. If you don’t get paid for your work, follow the directions on the Mechanical Turk website to contact the requester. If that doesn’t work, you can contact Amazon customer service.

The good news, Milland says, is that “people will voluntarily help you find decent work and avoid these pitfalls.” She urges new workers to check out the many online communities of Turkers who share resources and insights. In addition to TurkerNation, you can join other forums such as MTurk Crowd, Facebook groups and the Mechanical Turk Reddit group of more than 20,000 people. Milland also suggests checking out Turkopticon, which reviews HITs and requesters.

These robust communities show that, while Mechanical Turk is far from perfect, many have found it to be worth their time. Some people say they earn hundreds of dollars per week.

Test-drive a website on UserTesting.com

What: Businesses want their websites to be functional and intuitive. But anyone who’s fumed at a “404 page not found” error message knows that those companies don’t always get it right. That’s where Usertesting.com comes in. You receive tests that involve navigating websites and recording yourself narrating the experience. (For example: “I clicked ‘add to cart’ but don’t see the item there.”)

Thanks to your insights, the companies that work with UserTesting, such as Intuit TurboTax and CarMax, learn how to improve their sites.

Watch for: Each test requires a 20-minute recording and answers to four written questions. You earn $10, via PayPal, for each test. You don’t get paid if the company whose website you tested is dissatisfied with your insight. But, according to UserTesting.com, that happens less than 1% of the time.

Take surveys, watch videos for sites like Swagbucks

What: Dozens of websites, including Swagbucks, InboxDollars, Toluna and CashCrate want your opinion and will give you a few bucks for it. The workflow is fairly consistent across these types of websites. Typically, you take surveys, watch videos or shop online in return for cash or points, which you can redeem through PayPal or gift cards. While the pay varies by website and task, it’s usually low, but the tasks take little time and effort.

Watch for: Before working for these sites or any other, search online for reviews from other workers who’ve tried them. Learn what you can about their experience, earnings and success with customer service. SurveySay.com, for example, lists reviews of Swagbucks and similar sites. Search the Better Business Bureau website to get an idea of how long an online employer has been in business and what consumers have said about it.

Whatever route you choose to earn quick money online, never pay for opportunities or give bank account information upfront. Learn more about avoiding online scams and time wasters.

Doing odd jobs online isn’t for everybody, even if the website is legitimate. But this method may be worth a try if you don’t mind humdrum work — and lots of it.

Laura McMullen is a staff writer at NerdWallet, a personal finance website. Email: lmcmullen@nerdwallet.com. Twitter: @lauraemcmullen.