Swagbucks- is it worth your time?
What do writers and med students have in common?
Need-based monetary experimentation: a lack of money and a willingness to do just about anything to get it. My wife and I have resorted to unique ways of making money to make ends meet as of late, and honestly it has been pretty fun. A little scary, but very fun. Sidenote: I'm happy to report we have not missed a single bill since she decided to quit her hourly job, which she hated, to start the business of her dreams.
Swagbucks is one of the many things I have tried on this long road of monetary experimentation. I was on a busy rotation and found myself with 3 hours to spare and nothing to do. After perusing articles on penny hoarder, I decided I would try one of these ridiculous strategies for making some extra money- Swagbucks.
What is Swagbucks you ask? Well, Swagbucks is a online monetizing conglomerate that was seemingly created by Parks and Rec character Tom Haverford.
No, not really. Swagbucks wasn't truly created by Tom Haverford or Aziz Ansari. It is a website that allows multiple ways for you, the worker/consumer to do small tasks to earn "Swagbucks". A swagbuck is equal to 1 penny. You have to get 300 swagbucks, or SB, to cash out- $3.00 gift card. Don't spend it all in one place now!
I pride myself on being adaptive and willing to try just about anything. I gave Swagbucks a shot. When you create your account, you should figure out pretty quickly that the most profitable way to make SB is by completing surveys. So, I sat down and did a few- mostly about products that I consume at home and why I chose a certain brand over another. Nothing too complex there. "Do you like brand A or brand B?" "Why did you choose brand B over the competitors?" As easy as this may seem, it quickly becomes mind-numbing. I was working 15 minutes to get a survey done as fast as possible for .80 cents. Thats $3.20/hour, and that assumes that you qualify for all the surveys you start. There are a lot of surveys that will kick you out if you aren't the demographic that the survey company is looking for.
When I told my wife what I was doing with my precious 3 hours on campus between meetings, she wasn't enthused, but she also wasn't surprised. I have a way of coming up with new strategies for making money. A lot of them don't pan out. Swagbucks was no exception. I simply got fed up with those surveys by the time I got to 270 SB- I couldn't even get $3 out of the experiment. It was so incredibly boring.
I even tried a second strategy of playing videos on my phone and iPad to earn slightly passive points. Swagbucks already nerfed this strategy though- watching a video gets you about 2 or 3 points, and ads pop up between videos. In other words, you gotta babysit the screen to make sure the SB-earning videos are constantly playing. It wasn't worth it.
If you are going to do something you don't want to do for money, make sure its a significant pot of money. My medical opinion is for you, my peers, to not waste your time and talent on Swagbucks. Try out some of my other strategies!
Have you tried Swagbucks? What do you think? What do you do to earn some spending money?