Branching out on multiple sources of income is helpful to anybody, whether a college student or a working professional. It’s certainly not easy to find a part-time job or set up a side business, but there are more straightforward ways. One such way would be through using passive income apps.
Passive income applications are, as its name implies, a passive source of income. Users don’t have to do anything complicated or time-consuming. You simply have to download the mobile application and earn some extra income.
Here are 5 of some of the best passive income apps that users can utilize.
Current
Current is a passive income application that lets users earn extra income when they listen to music. As you listen to more and more music, you increasingly earn more points that you can use to exchange for money. If there’s a song you like, then you can even save it and listen to it offline.
When using Current, you’ll only listen to curated playlists, so you will not be able to skip any song. Although, you can find new music through it. If you love listening to music every day, then Current is a great way to earn some extra cash.
Sweatcoin
If Current is for music lovers, then Sweatcoin is for users who love to walk. You get paid when you walk somewhere as whenever you take 1000 steps, you earn 1 credit called Sweatcoin. So, the more you walk, the more credits you earn.
Sweatcoin doesn’t let you exchange your credits for actual cash though, but they do let you exchange credits for products or gift cards. You’re still getting something for free simply by walking. Sweatcoin might even motivate you to walk more every single day. So, if there’s a location you want to go to and it’s within walking distance, you might want to walk instead of going there by car or public transport.
Rakuten
Rakuten is a cash-back service that offers users rewards and savings when they shop through their app. When you shop with Rakuten, not only do you get a portion of the cash you used to purchase, but you also get some rewards like gift cards.
Rakuten is not in the traditional sense of a passive income app, but if you’re going to purchase something, might as well get some money back. It’s perfect for making big purchases so you can get some big cash backs. Although, you can still use it for smaller purchases.
SavvyConnect
SavvyConnect is an application that collects data on how users browse the internet. It runs in the background of your device, and you can earn income from it. You can use multiple devices to run SavvyConnect, but the amount you earned is capped at $180/year, so keep that in mind when using it.
Repocket
Repocket is a passive income application where users can earn money by sharing their internet connection. It simply runs on your background and utilizes your unused bandwidth. The more bandwidth you share, the more income you earn. You can also use multiple devices on a single account to enhance your earnings.
Conclusion
There are many ways to earn a passive income and diversify your earnings. The five we’ve mentioned are only a few of the many applications you can use to earn a passive income. The money that you earn might not be enough to replace your job, but it’s a good boost to your total income, without requiring you to do anything much.
