Are you a person who is wondering how to make money with your phone from passive income apps and want to make some extra money, or even a living? In 2023, that’s not only possible, but easier than ever!
In this article, we will be providing and explaining to you our top 7 passive income apps picks. Also, we will include information about the difficulty level and your potential earnings from each of the passive income apps.
7 Passive Income Apps to Make Money in 2023:
In This Article ⤵️
Foap
- Potential Earnings: Up to $30 per photo sold.
- Difficulty Level: Easy to Medium
You are probably already doing what’s needed to get paid by this app and you don’t even know it. It’s taking pictures! No matter if it’s pictures of your home, pet, vacation trips – whatever.
And, believe it or not, some companies would love to buy those pictures. There are hundreds of thousands of companies searching for photos for their needs on a daily basis! Another fantastic way to make money on Foap is by accepting “missions” from companies.
The way this works is businesses will request specific photos and you can be paid triple, even 4 digits for that “mission”! Foap is one of the passive income apps we highly recommend to start making money on, especially if you have some time and passion for photography.
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Honeygain
- Possible Earnings: $10 to $50 per month.
- Level of Difficulty: Easy
A super easy way to make some extra dollars with passive income apps is by sharing internet data. It’s a great method to make money with your phone, especially for people who have unlimited data plans.
The best platform to do so is Honeygain. Many people using the app have reported earnings around 50$ a month, which is a very small amount, but sharing from multiple devices while doing literally nothing can make you some decent extra money!
Also, you can earn a free $5 by joining Honeygain right now!
InBoxDollars
- Possible Earnings: $12 to $30 per hour.
- Level of Difficulty: Easy to Medium
InBoxDollars is an awesome app that pays you for taking surveys, shopping, playing games and more. The way the app works is that companies pay the platform to get feedback from people, so InBoxDollars will give you some of the money those companies pay them.
Great benefit the platform has is that it pays directly in cash, unlike most other similar apps, which pay you with gift cards, etc. Another huge benefit is that InBoxDollars gives an instant $5 sign up bonus to all new members!
So, why wait? Sign up, get your $5 dollars and start making some easy money whenever you want!
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Acorns
- Possible Earnings: Varies based on investment performance
- Level of Difficulty: Easy
Acorns is an innovative app that combines passive income generation with long-term financial growth. It works by rounding up your everyday purchases to the nearest dollar and investing the spare change into a diversified investment portfolio.
For example, if you spend $4.75 on a coffee, the platform will round up to $5 and invest the extra $0.25. Over time, these small investments can grow into substantial savings.
The app offers various investment options, allowing you to choose a strategy that aligns with your financial goals and risk tolerance. Acorns takes the hassle out of investing and provides an accessible way to build wealth passively!
TaskRabbit
- Potential Earnings: Varies based on tasks and rates
- Difficulty Level: Moderate
TaskRabbit is one of the unique passive income apps that offers a platform for individuals to earn money by completing various tasks and errands for people in their local community.
The tasks can range from simple chores like grocery shopping, cleaning and assembling furniture to more specialized jobs like event planning or handyman services. In TaskRabbit you get to choose the tasks you want to take on, set your rates and work on your own schedule.
The app allows you to turn your skills, hobbies and free time into a source of passive income. The earning potential varies based on the tasks you undertake and your availability, making it a flexible option to supplement your income!
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Swagbucks
- Potential Earnings: Varies based on activities
- Difficulty Level: Easy
Swagbucks is a versatile app that allows you to earn rewards by performing everyday actions like shopping online, watching videos, searching the web and answering surveys.
The app’s straightforward layout and wide array of earning options make it easy to rack up points, called SB, which can be redeemed for gift cards or cash via PayPal. Swagbucks also offers special bonuses and discounts, providing additional opportunities to boost your passive income.
Social Media Apps
- Potential Earnings: $50 to $10k+ per month
- Difficulty Level: Easy to Difficult
If your plans involve making a living from passive income apps, not just extra money, social media apps like Instagram, YouTube, Facebook and TikTok are your way to go.
There are many ways to make money from these platforms, some of which you probably already know. But, there are some you don’t know enough about and can be extremely lucrative, like creating a YouTube automation business, for example.
Also, there is a big misconception that you need hundreds of thousands of followers – even 5000 followers can make you four digits per month! There are tons of opportunities to make money from social media apps and a couple of ways to do so – via sponsored posts, affiliate marketing, ads and more.
