How Paid Surveys Work:
The paid survey process is fairly straightforward. You sign up with a paid survey site, and complete a member profile. Then, they send you an e-mail any time they have a survey that matches your profile. A typical e-mail invitation will include an estimate of how long the survey will take to complete, specify how you'll be compensated for your time (if you qualify), and provide a link to the survey. Expect to spend 15-20 minutes per survey on average.
Payment for Surveys:
Payment for surveys can vary widely from site to site and from survey to survey. Expect to be compensated one of three ways: with cash (anywhere from $1 to $50 per survey), with points that can be redeemed for prizes, or with sweepstakes entries. In some instances you may also be rewarded with new products to try.
How to Avoid Survey Scams:
While there are a lot of reputable survey sites on the web, there are also a lot of not-so-reputable sites. Avoid any survey site that:
Requires you to pay a membership fee
Guarantees you a set income
Does not make clear how you'll be rewarded for your participation
Asks for too much personal information – you shouldn't have to give out your Social Security Number, credit card number or your bank account information
Does not post a privacy policy
Sells member information to third parties
Where to Find Reputable Survey Companies:
While a simple web search for "paid surveys" will turn up lots of opportunities, it won't necessarily turn up the most reputable opportunities. For that, it's best to trust the opinion of experienced survey-takers. Here's where to find them:
SurveyPolice- This website allows survey-takers to rate survey sites across a range of criterion: speed of payment, reliability of website (doesn't crash during surveys), quality of customer service, recruiting practices, adherence to privacy standards, etc. It then uses this data to rank the sites, and posts the top 10 survey sites on its homepage. SurveyPolice also allows users to file complaints against survey sites, and attempts to remedy them.
Volition- This widely respected website provides a database of "the best" paid survey sites based on pay and other criteria.
The Frugal Living Forum- See which survey sites other Frugal Living readers recommend.
Tips to Maximize Your Survey Earnings:
1. Sign up for several survey sites to increase your chance of getting surveys.2. Respond to survey invitations promptly – space usually fills up fast3. Keep your profile up to date. It's used to determine which surveys you qualify for.
Disclaimer: Since this article is about surveys, you are likely to see ads for survey sites featured on page. Do not assume these companies are legitimate, without first researching them.
More Ways to Earn Extra Income:
How to Become a Mystery ShopperSell Items on Consignment
Spend Less
Painless Ways to Cut Your SpendingDevelop a Monthly Spending PlanHow to Break the Spending Habit
Save More
Simple Ways to Get Serious About SavingStart an Emergency Fund
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