After all the warnings I given about not quitting your job, and how paid surveys won't make you rich, I'm going to tell you one way they actually can. No, I'm not kidding. Take a moment and give yourself a little brain snack -- and by the end of this you will understand how.
Have you ever wanted to be millionaire? How about at least by the time you retire? For the sake of argument, let say you have hit the wonderful mid-life crisis age of 40 and life hasn't gone exactly the way you've planned. You aren't where you thought you'd be financially, you're still at the same job you'd never thought you'd have, etc. Whatever your story is, it happens to everyone. (if you're not there yet, you will be... that's why they call it a mid-life crisis!) How do you get back on track, when you're still just trying to put food on the table Paid Surveys.
How in the world, can Paid Surveys make you a millionaire? Lets do the math.
If you are 40 years old, you still have 25 years to save. So, lets say you will get an average of 5.0% annual return, the inflation rate is a constant 3.1% average.
What will saving $200/month net you in 25 years? About $120,000.
That is taking about 3 surveys a day at less than $2.50 a survey. Time involved: Less than an hour if the average survey is 15-20 minutes.
But wait... that's not a million dollars! So, let's go through how you get there.
I chose $2.50 a survey because though there are those that pay more (a lot more), there are an over-abundance of surveys that only pay $1. One dollar may not seem worth your time, but if you can take the good and the bad, they will usually average out to more than that $2.50. Plus there are only so many surveys that are available, so if you want to make your earnings constant, you do the lower-paying ones if you like the topic and have time.
Even if you can only save $75/month, over 10 years at just 2% return you will have $10,000!
That's how you start initially. Here is how you actually get there:
- Paid Surveys give you the initial start. They provide a means of earning extra income that you really can't get anywhere else. You can virtually earn money anywhere, anytime, without disrupting your schedule. Lunch breaks, before breakfast, in the evening before bed, or at 3AM if you can't sleep. It's all up to you.
- Surveys create good habits. If you commit yourself to earning extra money through surveys you are creating habits that will be transferred to other things. In other words, dedication to a goal will help you be more focused in some areas, while secondarily providing you will stress relief in other areas (financial security). Overall, this makes you a more happy and productive person.
- Paid Surveys Turn You Into a Pro-Active Person. You have to be self-disciplined and pro-active to get to your goal. Pro-active and self-motivated people are the exact individuals who can be rich by the time they retire.
- Don't just sit on your money. This is where I tell you how paid surveys can get you to a million dollars. Paid surveys can make you rich because it gives you the means and opportunity to earn money like no other job, but surveys in and of themselves will not do it. (Though a 25 year old socking away $400 a month at the parameters first mentioned will net $1 million by retirement). It is how you invest your extra money that will get you there. If you just leave it all in a bank account it will grow very slowly.
- Diversify and continue to save. Once you have a good chunk of money, talk to a financial advisor. If you are money-savvy, you can do a little research on your own. Do you know you can buy a rental house for less than that $10,000 you saved? The rest gets more complicated by essentially you end up with a rental that pays for itself. When you retire, you still have the rental income, or you can sell it in an up-market for profit!
There are ways to make your money work for you if you know where to look... and anyone can do it! This path may not be for everyone, but it is certainly a very real option. You can become a millionaire before you retire -- an it all starts with the flexible simple income from taking surveys online. Who knew!
If you would like to earn some extra cash, you can get your Free Paid Surveys List and complimentary money-making e-courses, by clicking here.
C.D. Watson is the author of this article and provides free information for those seeking to earn money from home. She has written several hundred articles and earns a living making money online. If you'd like a cost-free start to earning money online, you can start by getting your Free Paid Survey List above, or visit the website: http://www.freesurveycenter.com.
By C.D. Watson
