In this day and age of fast fashion, expensive trendy cafes, Air Jordan 1s, and exclusive clubs, who does not appreciate a quick buck to keep up with their shenanigans? Youth are always looking for ways to make quick and easy money. Earning some money on the side helps one feel more secure and self-reliant. Not to mention the satisfaction that comes with earning a few extra bucks.
Earning money quickly sounds like a dream, but how does one make it come true? Try paid surveys in Australia! Taking a survey is a quick and easy way of helping a brand find out more about its audience while also making some money in the process. This article talks about what paid surveys in Australia are, how to see if they are legitimate or not, and how much one can earn through these surveys.
What Are Paid Surveys?
Knowing its users and target audience is a massive part of building and growing a brand. Companies set out in-depth surveys to better understand the same for marketing and research purposes. The people participating in these studies are rewarded since the companies also benefit from these surveys. Brands also hire market research companies to obtain valuable data for them. The brand pays these companies to conduct these surveys; hence, these market research companies pay the people who take the surveys.
Are Paid Surveys Safe in Australia?
While taking up online surveys, one needs to be careful about the personal data they share. The sites must handle the data and privacy with care. In Australia, the Australian Data and Insights Association (ADIA) has developed a code governing how to research companies operate in Australia. It is always a safer bet to trust companies that are members of the ADIA and Research Society when looking for paid surveys in Australia.
Are These Surveys Liable For Tax in Australia?
The tax-free threshold for self-employed individuals is $18,200. This implies that Australian citizens do not have to pay taxes if their income is lower than or equal to $18,200. Like any other income, earnings from paid surveys are liable to tax if the individual crosses the tax-free threshold.
Tips for Making Money From These Surveys
Now that the readers know what paid surveys are and how they operate, the post will discuss how to make money from these paid surveys in Australia. Here are some tips to help the readers earn more through these surveys.
Sign Up for All Surveys
Enrol in all the paid survey sites that are out there. This way, the users do not have to wait for months for new surveys as different surveys roll out on different sites. One can opt out of any site they feel is not worth their time.
Redeem the Cash as Soon as It Hits The Limit
The users of these sites should cash in as soon as they hit the minimum limit to redeem the cash. Beware of scams and fraudulent sites. Unless a user is holding out for a big payment to earn one of the top rewards, it is advised to redeem the cash in small amounts.
Use a Separate Email
A separate email for paid surveys is not mandatory, but it makes the job easier. The user can access all the available surveys and fill out the ones they are eligible for. A separate email ensures no clutter in the user’s primary email account.
