There’s been a lot written about how to make money online using your phone. Tons of different articles that only scratch the surface of the topic. We don’t want to just beat around the bush, so in today’s article, we bring you specific tips with deeper insight into ways to make money on your phone.
Make money without investment? First, we need to clear a few things up…
Before we dive into specific ideas and advice, there are a few things we need to be clear about. Every internet user should know a few facts. Let’s start with the fact that there are more scams and frauds online than we care to admit. The better it sounds, the worse it usually is. The most common bait is earning money without work, or being lured into buying cryptocurrencies or stocks (which are fake).
The key thing to remember is that making money without investment doesn’t exist. An investment can be your time or your money. Of course, both are very valuable. And we don’t want to waste your time or money.
Keep in mind that when you invest money, there’s always a risk of losing it. So the tips for making money on your phone that follow shouldn’t be taken as guaranteed income methods but rather as ways to give yourself a financial boost.
And trust us—if someone had a guaranteed recipe for making money without work, they definitely wouldn’t be putting it on the internet or in online courses!
Specific ways to make money on your phone
Let’s start with the easier ones that only require one investment – your time. We’ve all surely heard of participating in quizzes for which you get paid. Forget those—most of them pay only symbolic amounts that are not worth your wasted time.
Far more appealing are paid surveys and research studies. You can even choose from Czech providers who will pay you hundreds of crowns per completed survey. The problem is that this kind of side income only pops up occasionally. Nobody finds it worthwhile to do several paid surveys a day. Not to mention the option of going outside and asking random people for free.
This brings us to apps that can help you make money. There are some that pay you to play games on your phone. Sounds like a dream—getting paid to play games. But beware! These earnings are only paid by developers in the form of gift cards (e.g. Amazon, Google Play…). Of course, you can enter tournaments of well-known games, but let’s be honest—how many of us can become professional mobile gamers?
There are even certain websites that will pay you to use Spotify or Apple Music. They work on the principle of creating playlists, which, however, need to have organic listeners. That’s why you see people oddly promoting their playlists on Spotify.
In our opinion, the simplest way to make money on your phone is through photography. After all, which phone today doesn’t have a camera? And most are pretty good. You upload your photos to online stock photo websites, where other users can purchase them.
Where there’s risk, there’s gain
This is the category where your main investment isn’t time, but money. Most often, this involves gambling you can play on your phone or mobile investment platform apps.
Trading on your phone?
The internet world today is amazing. With just a few clicks, you can participate in trading on the stock market. And there’s plenty to choose from: options, commodities, stocks, securities… But let us warn you—nobody who doesn’t know how to swim should jump into a river! This is one of the riskiest ways to make money. The market is as wild as rapids.
Cryptocurrencies and crypto exchanges
Sure, this paragraph could be included in the one above, but we decided to separate it. There are exchanges and apps dedicated solely to the crypto market. Buying and selling can be done with a single tap, but the truth remains that cryptocurrencies are where most people get burned – because it’s a very liquid market.
Lottery
You know how it goes: you pick your lucky numbers, cross your fingers and toes during the draw, the first number is… Czechs have lotteries in their hearts, so it’s no surprise they’ve made their way online—and onto your mobile device. Online lotteries allow you to place bets from the comfort of your home. There are quite a few operators to choose from, but most people immediately think of Sazka. And did you know we also have an article on How to win the lottery?