Earn money apps 2020 have revolutionized the way individuals earn extra income, providing a platform for people to monetize their skills, time, and resources. With the rise of mobile devices and internet connectivity, it’s now easier than ever to access various apps that can help you earn money from the comfort of your home or on-the-go.
Types of Apps for Earning Money
There are numerous types of apps available that cater to different interests, skills, and goals. Here are some popular categories: survey apps, gig economy apps, selling apps, and educational apps.
Survey apps, such as Swagbucks and Survey Junkie, reward users for completing online surveys, watching videos, and shopping through their platforms. Gig economy apps, like Uber and TaskRabbit, connect individuals with people who need help with tasks, errands, and deliveries. Selling apps, like Letgo and OLX, enable users to buy and sell used goods, making it a great platform for decluttering and earning some extra cash.
Popular Apps for Earning Money in Kenya
In Kenya, several apps have gained popularity for their unique features and rewards. For instance, M-Pesa has a feature called M-Pesa Lipa na M-Pesa, which allows users to earn money by receiving and sending payments. Another popular app is M-Shwari, a mobile-based savings and loan app that offers interest rates on deposited funds.
Other notable apps include:
- TikTok, a video-sharing app that pays creators for their content. While not exclusively a Kenyan app, TikTok has gained immense popularity in the country.
- MTN Mobile Money, which offers a range of financial services, including airtime top-ups, bill payments, and mobile money transfers.
- Equity’s Eazzy Trade, a mobile trading app that allows users to buy and sell stocks, bonds, and other investments.
How to Get Started with Earn Money Apps
To start earning money with apps, follow these simple steps:
1. Research and download apps that align with your interests and skills. Ensure the app is reputable, secure, and has good reviews.
2. Register for an account and provide the required information, such as your name, email address, and password.
3. Familiarize yourself with the app’s terms and conditions, as well as any associated fees or rewards.
4. Begin using the app, following the instructions and guidelines provided.
5. Monitor your earnings and withdraw your rewards when eligible.
Tips for Maximizing Your Earnings
To maximize your earnings with earn money apps, consider the following tips:
- Be consistent and regular in using the app, as this will help you earn more rewards and bonuses.
- Diversify your earnings by using multiple apps that cater to different interests and skills.
- Read and understand the app’s terms and conditions to avoid any unexpected fees or penalties.
- Keep your account information up-to-date and secure to avoid any account-related issues.
Conclusion – Not Yet.
Top Earn Money Apps of 2020: A Year in Review
In 2020, the mobile app economy experienced significant growth, with millions of users worldwide turning to apps that promised to help them earn money. From survey apps to gig economy platforms, the landscape of earn money apps evolved over the past year.
| App Name | Type | Payout Options | Minimum Payout | Reviews |
|---|---|---|---|---|
| Swagbucks | Survey & Rewards | Paypal, Gift Cards, Amazon Gift Cards | $25 | 4.5/5 |
| Fiverr | Gig Economy | Paypal, Bank Transfer | $5 | 4.5/5 |
| Survey Junkie | Survey | Paypal, e-Gift Cards | $10 | 4.5/5 |
| Robinhood | Investing | Bank Transfer, PayPal | $1 | 4.5/5 |
| Ibotta | Reward & Cashback | Paypal, Gift Cards, Venmo | $20 | 4.5/5 |
In 2020, the top earn money apps offered a range of opportunities for users to earn cash, rewards, and even invest in the stock market. By focusing on apps that offer flexible payout options, low minimum payout thresholds, and high user ratings, individuals can increase their chances of success.
How to Earn Money with Apps in Kenya 2020: Frequently Asked Questions
Q: What are some popular apps that I can use to earn money in Kenya?
In Kenya, some popular apps for earning money include M-Tuja, M-Shwari, and Kopo Kopo. These apps offer various opportunities such as online surveys, data collection, and microfinance services. You can also explore apps like Toza, which provides instant loans, and Bidhaa Bora, a mobile shopping app that offers cashback rewards.
Q: Can I earn money with apps by taking online surveys?
Yes, you can earn money with apps by taking online surveys. Apps like iPoll and Swagbucks allow users to participate in online surveys and earn rewards in the form of cash or gift cards. However, be aware that the rewards may be limited and the surveys may not be available frequently.
Q: Are there any apps that allow me to sell products or services in Kenya?
Yes, there are several apps that allow you to sell products or services in Kenya. Apps like Jumia, OLX, and M-Pesa Mall provide a platform for selling goods and services. You can also use apps like Toochew, which allows you to sell your skills and services, and Twiga, a platform for farmers to sell their produce.
Q: How can I ensure that I’m using legitimate apps to earn money in Kenya?
To ensure that you’re using legitimate apps to earn money in Kenya, do thorough research on the app and its terms of service. Look for reviews and ratings from other users, and be cautious of apps that require you to pay a fee or provide sensitive information. You can also check with the app’s developer or the Kenyan government’s website to verify its legitimacy.
Q: What are the potential risks involved in using apps to earn money in Kenya?
The potential risks involved in using apps to earn money in Kenya include scams, data breaches, and financial losses. Be cautious of apps that promise unrealistic rewards or require you to pay a fee to participate. Also, be aware of the app’s terms of service and ensure that you understand how your data will be used.
Conclusion: Earning Money with Apps in Kenya 2020
As we conclude this article on earning money with apps in Kenya 2020, it’s clear that the right financial tools can make a significant difference in one’s life. By leveraging mobile apps, individuals can earn extra income, improve their financial literacy, and achieve financial stability. With the rise of mobile money services, Kenya has become a leader in financial inclusion, with over 90% of adults having a mobile money account as of 2020 (CBK). This trend is expected to continue, with mobile payments projected to reach 35% of total transactions by 2025 (World Bank).
Quick Tips for Earning Money with Apps
* Always read reviews and understand the terms and conditions before using any app
* Set realistic income expectations and avoid get-rich-quick schemes
* Use budgeting apps to track your expenses and stay on top of your finances
* Consider using apps that offer cashback or rewards for everyday purchases
Clear Next Steps
If you’re interested in earning money with apps in Kenya, here are three easy steps you can take immediately:
1. Research and download reputable apps that offer earning opportunities
2. Set up a budget and track your expenses to ensure you can manage any additional income
3. Start exploring different apps and find the ones that work best for your lifestyle and financial goals
Key Statistics
* Kenya has one of the highest mobile penetration rates in the world, with over 90% of adults having a mobile phone (2020, World Bank)
* Mobile payments are projected to reach 35% of total transactions by 2025 (World Bank)
* The average Kenyan adult has a mobile money account with a balance of KES 3,500 (2020, CBK)
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