Five Questions to Ask About Paid Surveys

In today's tough economic climate, you may be looking for some extra money to supplement your income. You're willing to work, but you want to be compensated for your time and you want flexibility in your schedule. If this sounds familiar, paid surveys can be a wonderful opportunity to make some extra cash. However, before you begin, read the following information– courtesy of your friends at North Country Savings Bank– to determine if paid surveys are the right avenue for you.

  1. Is it really possible to get paid for taking surveys online? The answer is yes; surveys are legitimate. And it is possible to get paid for taking surveys online. In fact, there are approximately 7 million companies that survey consumers looking for insight on how to best market their goods and services. You are assisting them with their research and they will compensate you for it.
  2. How much money can I earn? The amount of money you make is directly proportional to the effort you put in. Based on the circumstances, it is possible to make $75 per hour or more. However, the key to maximizing your opportunities is to subscribe to a paid survey database.
  3. How do I know this is legitimate and that I'll get paid? Most paid survey and marketing research companies are legitimate. However, there are some scams. To find the best opportunities and to avoid scams, it is best to pay a small fee to join a paid survey database. Additionally, they often offer perks, such as free e-books on maximizing revenue and form automation tools.
  4. Exactly how am I paid? The companies administering the survey usually pay you directly. This is almost always done using checks and postal mail. The more progressive companies provide flexibility and pay via PayPal.
  5. Why do paid survey databases charge a fee? The simple answer is quality, safety and reputation. It acts as a screening process and encourages serious applicants only. It also bolsters the database quality and increases the likelihood that companies will seek out the paid survey databases.

Stop by your neighborhood branch of North Country Savings Bank to talk to one of our experienced banking professionals about your financial situation. 

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