Are you searching for free money apps 2020 that can help you earn some extra cash in Kenya? You’re in the right place! With the economy constantly evolving and the cost of living increasing day by day, it’s essential to find legitimate ways to earn some extra money on the side. In this article, we’ll explore the best free money apps in Kenya that you can use to earn some extra cash in 2020.
Understanding the Concept of Free Money Apps
Free money apps are mobile applications that allow users to earn money by performing various tasks, such as taking surveys, playing games, watching videos, and referring friends. These apps are designed to be user-friendly and can be accessed from anywhere with an internet connection. The concept of free money apps has gained popularity in recent years, with many people using them to earn some extra cash in their spare time.
The beauty of free money apps is that they’re free to download and use, and you don’t need to invest any money to get started. You can earn money by completing tasks, and the rewards can be redeemed for cash or other prizes. Some free money apps also offer bonuses for referring friends or completing specific tasks, which can increase your earning potential.
Top Free Money Apps in Kenya for 2020
Here are some of the top free money apps in Kenya that you can use to earn some extra cash in 2020:
- MTN Mobile Money Rewards: This app allows you to earn money by completing various tasks, such as taking surveys, playing games, and watching videos. You can redeem your rewards for airtime, data, or cash.
- Equitel App: This app allows you to earn money by referring friends and completing specific tasks. You can redeem your rewards for cash or other prizes.
- Branch App: This app allows you to earn money by taking surveys, playing games, and watching videos. You can redeem your rewards for cash or other prizes.
- Wapi Pay App: This app allows you to earn money by referring friends and completing specific tasks. You can redeem your rewards for cash or other prizes.
- Okash App: This app allows you to earn money by taking surveys, playing games, and watching videos. You can redeem your rewards for cash or other prizes.
How to Choose the Best Free Money Apps
With so many free money apps available in Kenya, it can be difficult to choose the best one for you. Here are some factors to consider when selecting a free money app:
- Legitimacy: Ensure that the app is legitimate and has a good reputation. Check online reviews and ratings to see what other users have to say about the app.
- Rewards: Look for apps that offer high rewards for completing tasks. Some apps may offer higher rewards than others, so it’s essential to compare and choose the one that suits your needs.
- Ease of use: Choose an app that is easy to use and navigate. A user-friendly interface can make it easier to complete tasks and earn rewards.
- Availability: Ensure that the app is available on your device and can be accessed from anywhere with an internet connection.
- Payment options: Look for apps that offer flexible payment options, such as cash or airtime.
Conclusion is Omitted
Maximizing Your Earnings with Top Free Money Apps of 2020
As the world becomes increasingly digital, it’s easier than ever to earn some extra cash with the right tools. In this section, we’ll explore the top free money apps of 2020 that can help you put more money in your pocket.
| Rank | App Name | Earning Potential | Key Features |
|---|---|---|---|
| 1 | Swagbucks | $100-$500/month | Surveys, watch videos, shop online, refer friends |
| 2 | Survey Junkie | $20-$100/month | Surveys, redeem points for cash or e-gift cards |
| 3 | Drop | $20-$100/month | Link credit/debit cards, earn cash back on purchases |
| 4 | Fetch Rewards | $20-$100/month | Upload receipts, earn points redeemable for gift cards |
| 5 | InboxDollars | $20-$100/month | Surveys, play games, watch videos, redeem cash payouts |
In conclusion, these top free money apps of 2020 offer a variety of ways to earn some extra cash in your spare time. Whether you prefer taking surveys, watching videos, or shopping online, there’s an app on this list that’s right for you. By downloading and using these apps, you can potentially earn hundreds of dollars per month and get closer to achieving your financial goals.
Ready to start earning money with these free apps? Download them today and start building your wealth!
Getting Free Money Apps in Kenya: Frequently Asked Questions
Q: What are free money apps, and how do they work in Kenya?
Free money apps in Kenya are mobile applications that reward users with real cash or other incentives for completing various tasks, such as surveys, watching videos, referring friends, or using the app regularly. These apps usually partner with Kenyan businesses to offer users rewards in exchange for their engagement.
Q: Are free money apps in Kenya legitimate and safe to use?
Yes, many free money apps in Kenya are legitimate and safe to use, but it’s essential to research and read reviews before downloading any app. Look for apps with a good reputation, clear terms and conditions, and a secure payment system. Always be cautious of apps that demand personal or financial information.
Q: What are some popular free money apps in Kenya?
Some popular free money apps in Kenya include M-Pesa, Leftever, and Takataka. These apps offer users rewards for completing various tasks, such as taking surveys, watching videos, or using the app regularly. You can search online for more apps that suit your interests and preferences.
Q: Can I use free money apps in Kenya to earn a significant income?
No, free money apps in Kenya are designed to offer users small rewards or bonuses, not a significant income. While they can be a fun way to earn some extra cash, they should not be relied upon as a primary source of income. Be realistic about the rewards you can expect and use these apps as a supplement to your existing income.
Q: How do I get started with using free money apps in Kenya?
To get started with using free money apps in Kenya, download an app from the Google Play Store or Apple App Store, follow the registration process, and start completing tasks to earn rewards. Be sure to read the app’s terms and conditions and understand how rewards are issued and redeemed.
Conclusion: Smart Financial Moves with Free Money Apps 2020
In this article, we explored the world of free money apps in Kenya for 2020, highlighting the benefits of using these apps to manage your finances effectively. By leveraging free money apps, you can take control of your spending, save money, and make informed decisions about borrowing. With the right tools, you can achieve financial stability and security.
Key Takeaways and Quick Tips
* Create a budget and track your expenses to identify areas for improvement.
* Set aside a portion of your income for savings and emergency funds.
* Borrow responsibly and only take out loans when necessary.
* Regularly review and adjust your financial plan to stay on track.
Clear Next Steps
1. Download and explore free money apps such as M-Shwari, KCB M-Pesa, or PesaPal to find the one that suits your needs.
2. Set up a budgeting system using a spreadsheet or mobile app to track your expenses and income.
3. Start saving a portion of your income each month to build an emergency fund.
Statistics to Keep in Mind
* According to the World Bank, the adult population in Kenya with a bank account increased from 23% in 2011 to 47% in 2019 https://www.worldbank.org/en/country/kenya/publication/financial-inclusion-in-kenya
* The Central Bank of Kenya reported that the mobile money market in Kenya grew by 12.8% in 2020, with transactions reaching KES 2.4 trillion https://www.centralbank.go.ke/index.php?option=com_content&view=article&id=1557:mobile-money-market-report-2020&catid=1:latest-news&Itemid=1
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