The year 2020 was an exciting time for entrepreneurs and individuals looking to supplement their income in Kenya, thanks to the emergence of the best money making apps that made it easier than ever to earn some extra cash on the side.
What are the Best Money Making Apps in Kenya 2020?
One of the most popular apps for making money in Kenya is M-Pesa, which not only allows users to send and receive money but also enables them to invest in government securities, pay bills, and even purchase airtime and data.
How to Use Apps for Making Money in Kenya 2020
Using apps for making money in Kenya is relatively straightforward. Firstly, you need a smartphone with an internet connection, and then you can download and install the app of your choice. Some apps require you to create an account while others allow you to start using them immediately. Once you have an account, you can start using the app to make money. For example, you can sell products on Jumia or Tok Tok, or participate in online surveys through apps like Swagbucks.
Earning Potential of the Best Money Making Apps 2020
The earning potential of the best money making apps in Kenya 2020 varies from app to app. For example, some apps offer cash rewards for completing tasks or participating in online surveys, while others allow you to sell products or services and earn a commission. Some of the best money making apps in Kenya 2020 include:
- Sell products on Jumia or Tok Tok and earn a commission of up to 15% on each sale
- Participate in online surveys through apps like Swagbucks and earn up to KES 1,000 per survey
- Invest in government securities through M-Pesa and earn up to 10% interest per annum
- Participate in the Uber or Little app and earn up to KES 20,000 per month
Benefits of Using the Best Money Making Apps 2020
One of the main benefits of using the best money making apps in Kenya 2020 is the convenience they offer. With these apps, you can earn money from the comfort of your own home, at any time of day or night. Additionally, many of these apps are free to download and use, making them an attractive option for those looking to make some extra cash without breaking the bank.
How to Avoid Scams When Using Money Making Apps in Kenya 2020
While the best money making apps in Kenya 2020 offer a legitimate way to earn some extra cash, there are also many scams out there that you need to be aware of. To avoid falling victim to these scams, make sure you research the app thoroughly before downloading it and always read the terms and conditions carefully. Be wary of apps that promise unusually high returns or require you to pay a fee to use them. Some of the best ways to avoid scams include:
- Researching the app thoroughly before downloading it
- Reading the terms and conditions carefully
- Being wary of apps that promise unusually high returns
- Not paying a fee to use an app
Tips for Maximizing Your Earnings with the Best Money Making Apps 2020
One of the best ways to maximize your earnings with the best money making apps in Kenya 2020 is to be consistent and persistent. Make sure you use the app regularly and take advantage of all the features it has to offer. Additionally, be sure to read the terms and conditions carefully and understand how the app works. Some of the best tips for maximizing your earnings include:
- Using the app regularly
- Taking advantage of all the features it has to offer
- Reading the terms and conditions carefully
- Understanding how the app works
Conclusion
Top Money Making Apps of 2020
If you’re looking for ways to earn some extra cash in your free time, you’re in luck. The best money making apps of 2020 offer a variety of opportunities to make money from the comfort of your own home.
| Rank | App Name | Description | Rating | Download |
|---|---|---|---|---|
| 1 | Fiverr | Offer your skills and services to clients worldwide. Starting at $5 per task. | 4.8/5 | Get Fiverr App |
| 2 | Swagbucks | Earn rewards for taking surveys, watching videos, and shopping online. | 4.5/5 | Get Swagbucks App |
| 3 | Survey Junkie | Take online surveys and redeem points for cash or e-gift cards. | 4.5/5 | Get Survey Junkie App |
| 4 | Uber Eats | Deliver food to customers and earn a fee per delivery. | 4.4/5 | Get Uber Eats App |
| 5 | Rakuten (formerly Ebates) | Earn cash back on online purchases from popular retailers. | 4.4/5 | Get Rakuten App |
In conclusion, the best money making apps of 2020 offer a range of opportunities to earn extra cash in your free time. From freelancing and surveys to food delivery and cash back rewards, there’s something for everyone. Remember to always read the terms and conditions of each app and understand how you’ll be paid before getting started.
If you’re ready to start making money, download one or more of these apps today and start exploring the opportunities available to you!
How to Make Money in Kenya with the Best Apps in 2020
Q: What are the best apps for making money in Kenya?
The best apps for making money in Kenya include M-Pesa, Little, and Twiga. M-Pesa allows users to save and transfer money, while Little offers microloans to small businesses. Twiga is a platform that connects farmers with buyers, providing a convenient way for farmers to sell their produce.
Q: Can I make money through online surveys in Kenya?
Yes, there are several apps and websites that offer online surveys in Kenya, such as Swagbucks and Survey Junkie. These platforms reward users with points or cash for completing surveys, which can be redeemed for gift cards or deposited into their bank accounts.
Q: How can I make money by selling goods online in Kenya?
You can make money by selling goods online in Kenya through platforms like Jumia and Kilimall. These e-commerce sites allow you to list and sell products, and they often offer delivery services to customers. You can also use social media platforms like Facebook and Instagram to sell your products.
Q: Can I make money by riding a bike in Kenya?
Yes, you can make money by riding a bike in Kenya through platforms like Boda Boda App and Uber. These apps connect riders with passengers, allowing you to earn money by transporting people around the city.
Q: Are there any apps that allow me to invest my money in Kenya?
Yes, there are several apps that allow you to invest your money in Kenya, such as PigiaMe and Faida. These platforms offer investment opportunities in stocks, bonds, and other assets, allowing you to grow your wealth over time.
Conclusion: Harnessing the Power of Best Money Making Apps 2020 in Kenya
In this article, we’ve explored various money-making apps in Kenya that can help you earn extra income. By leveraging the best money-making apps 2020, you can increase your earning potential, build an emergency fund, and achieve long-term financial goals. According to the World Bank, Kenya’s mobile money transactions have grown significantly, with a 25% increase in 2020 (Source: World Bank Report 2021). Additionally, a survey by the Central Bank of Kenya found that 76% of Kenyans use mobile money services (Source: CBK Report 2020).
Quick Tips for Financial Success
* Always budget your income and expenses to ensure you have enough for savings and debt repayment.
* Consider borrowing responsibly to cover emergency expenses or fund business ventures.
* Regularly review and adjust your financial goals to stay on track.
* Prioritize saving for the future, aiming to save at least 10% of your income.
Clear Next Steps
1. Download and explore the best money-making apps in Kenya to find opportunities that suit your skills and interests.
2. Set aside time each week to review your budget and adjust your spending habits.
3. Consider applying for a quick and secure online loan from Kopacash to cover unexpected expenses or fund your business ventures.
Get Started with Kopacash Today
Visit kopacash.com today to apply for a fast and secure online loan. Our platform provides flexible repayment terms, competitive interest rates, and a user-friendly application process. Take control of your finances and start making money with the best apps in Kenya.
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