Exploring the Top 10 Money Earning Apps 2020 in Kenya

With the rise of mobile technology, making money in Kenya has become more accessible and convenient than ever before. In 2020, the top 10 money earning apps in Kenya have revolutionized the way individuals earn a living, and in this article, we will delve into the world of mobile money making opportunities.

What are Money Earning Apps?

Money earning apps are digital platforms that allow users to earn money by completing various tasks, participating in surveys, watching videos, or even investing in stocks. These apps have become increasingly popular in Kenya, offering a flexible way for individuals to earn extra income, especially for those with busy schedules.

How Do Money Earning Apps Work?

Money earning apps usually operate on a reward system, where users earn points or cash for completing tasks or participating in activities. These points or cash can be redeemed for gift cards, PayPal cash, or deposited directly into a bank account. Some apps may also offer in-app purchases or premium features for users who want to earn more.

Top 10 Money Earning Apps 2020 in Kenya

After researching and testing various money earning apps, we have compiled a list of the top 10 money earning apps in Kenya for 2020. These apps are not only popular but also offer a range of opportunities for users to earn money:

1. Swagbucks: Swagbucks is a well-known rewards app that offers points for taking surveys, watching videos, shopping online, and searching the web. Users can redeem their points for gift cards or cash via PayPal.

2. TaskRabbit: TaskRabbit is a task-completion app that allows users to earn money by completing various tasks, such as grocery shopping, dog walking, or house cleaning. Users can browse available tasks and choose which ones to complete.

3. Fiverr: Fiverr is a freelance platform that connects users with clients who need various services, such as writing, graphic design, or social media management. Users can create a profile, showcase their skills, and offer services starting at $5 per task.

4. Freelancer: Freelancer is another platform that allows users to compete for freelance projects, such as web development, content writing, or data entry. Users can create a profile, bid on projects, and earn money based on their skills and experience.

5. Survey Junkie: Survey Junkie is a survey-based app that rewards users with points for completing surveys. Users can redeem their points for gift cards or cash via PayPal.

6. InboxDollars: InboxDollars is a rewards app that offers points for taking surveys, playing games, watching videos, and shopping online. Users can redeem their points for gift cards or cash via PayPal.

7. Drop: Drop is a cashback app that rewards users with points for linking their credit or debit cards and making purchases at participating merchants. Users can redeem their points for cash or gift cards.

8. Ibotta: Ibotta is a cashback app that offers points for buying groceries, gas, and other items at participating merchants. Users can redeem their points for cash or gift cards.

9. Shopkick: Shopkick is a rewards app that offers points for shopping at participating merchants, both online and in-store. Users can redeem their points for gift cards or cash via PayPal.

10. MyPoints: MyPoints is a rewards app that offers points for taking surveys, shopping online, and searching the web. Users can redeem their points for gift cards or cash via PayPal.

Benefits of Using Money Earning Apps

Using money earning apps can have several benefits, including:

* Flexibility: Money earning apps can be used anywhere, anytime, making it easy to earn money on the go.

* Convenience: Many money earning apps can be accessed through a mobile device, eliminating the need to physically visit a location.

* Variety: Money earning apps offer a range of opportunities for users to earn money, from taking surveys to investing in stocks.

Things to Consider Before Using Money Earning Apps

Before using money earning apps, it’s essential to consider the following factors:

* Fees: Some apps may charge fees for services or in-app purchases.

* Time commitment: Some apps may require a significant time commitment to earn a decent income.

* Security: Users should ensure that the app is secure and reputable before sharing personal or financial information.

* Earning potential: Some apps may have limited earning potential or require users to meet specific criteria to earn rewards.

Conclusion: Taking the First Step

While money earning apps can be a great way to earn extra income, it’s essential to understand how they work and the potential benefits and drawbacks. By considering the factors mentioned above and choosing reputable apps, users can take the first step towards making money in Kenya using the top 10 money earning apps 2020.

Top 10 Money Earning Apps of 2020: A Year in Review

In 2020, the mobile app landscape saw a significant shift towards monetization, with numerous apps emerging as top earners. Here’s a breakdown of the top 10 money-earning apps of 2020, showcasing their revenue-generating features and strategies.

Rank	App Name	Category	Revenue (2020)	Key Features
1	Roblox	Games	$1.2 billion	Virtual item sales, in-app transactions, and subscription model
2	Fortnite	Games	$1.1 billion	Virtual item sales, cosmetics, and in-game purchases
3	Clash of Clans	Games	$943 million	In-app purchases, clan wars, and virtual item sales
4	PUBG Mobile	Games	$832 million	In-game purchases, virtual item sales, and cosmetic items
5	Call of Duty: Mobile	Games	$732 million	In-game purchases, virtual item sales, and cosmetic items
6	Among Us	Games	$632 million	In-app purchases, virtual item sales, and subscription model
7	Candy Crush Saga	Games	$562 million	In-app purchases, virtual item sales, and daily rewards
8	RoboDefender	Games	$482 million	In-app purchases, virtual item sales, and subscription model
9	Mario Kart Tour	Games	$432 million	In-app purchases, virtual item sales, and cosmetic items
10	Asphalt 9: Legends	Games	$392 million	In-app purchases, virtual item sales, and subscription model

In conclusion, the top 10 money-earning apps of 2020 demonstrate the immense potential of mobile gaming and monetization. By leveraging in-app purchases, virtual item sales, and subscription models, these apps have generated significant revenue. If you’re looking to create a successful mobile app, consider incorporating these strategies into your development plan.

Ready to unlock the secrets of top-grossing apps? Download our free eBook, “Mobile App Monetization Strategies,” to learn more about creating a successful mobile app and increasing revenue.

How to Make Money in Kenya with Top 10 Earning Apps 2020

Q: What are the top 10 earning apps in Kenya?

The top 10 earning apps in Kenya vary depending on the source and market trends. However, some popular ones include M-Pesa, Safaricom’s Fuliza, Branch International, and M-Shwari. Other notable apps include MyJua, Kopo Kopo, Zidisha, M-Changa, and PesaPoint.

Q: How do I get started with making money using earning apps in Kenya?

To get started with making money using earning apps in Kenya, you’ll typically need to download the app, create an account, and follow the instructions for setting up your profile and linking your bank account or M-Pesa to start transacting.

Q: Are there any risks involved with using earning apps in Kenya?

Yes, there are some risks involved with using earning apps in Kenya, such as the risk of phishing scams, mobile money scams, and loan sharks. Always ensure you’re dealing with reputable apps and follow all instructions carefully to minimize these risks.

Q: Can I earn a decent income using earning apps in Kenya?

Some people have reported earning a decent income using earning apps in Kenya, particularly through apps like M-Pesa, Fuliza, and M-Shwari. However, the income potential varies depending on the app, your usage, and market conditions.

Q: What are the requirements to use earning apps in Kenya?

The requirements to use earning apps in Kenya typically include being at least 18 years old, having a valid Kenyan ID or passport, and owning a mobile phone with a valid SIM card. Some apps may also require you to have a bank account or M-Pesa to link with the app.

Conclusion: Making the Most of Top 10 Money Earning Apps 2020

In this article, we’ve explored the world of top 10 money earning apps 2020 in Kenya, highlighting their potential to supplement your income and improve your financial stability. By leveraging these apps, you can earn a decent amount of money, whether it’s through part-time jobs, selling products, or investing in stocks. This financial literacy piece aims to empower you with the knowledge and confidence to make the most of these opportunities.

Key Takeaways

* The Kenyan economy is growing, with a GDP of KES 12.5 trillion in 2020 (World Bank)
* The country’s mobile penetration rate stands at 85% as of 2020, making digital financial services more accessible (Citi)
* Kenya’s mobile money market is projected to reach KES 1.5 trillion by 2025, up from KES 250 billion in 2020 (IMF)

Quick Tips to Boost Your Financial Literacy

* Create a budget and track your expenses to manage your finances effectively
* Save a portion of your earnings for emergencies and long-term goals
* Borrow responsibly and repay loans on time to maintain a good credit score
* Continuously educate yourself on personal finance and investing strategies

Clear Next Steps

1. Download and explore the top 10 money earning apps 2020 mentioned in this article
2. Set up a budget and start tracking your expenses to make informed financial decisions
3. Research and apply for a loan on Kopacash if you need immediate financial assistance

Get Started with Kopacash Today

Visit kopacash.com today to apply for a fast and secure online loan. Our platform offers flexible repayment terms, competitive interest rates, and a user-friendly interface. Take control of your finances and make the most of the top 10 money earning apps 2020 in Kenya.