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Daily Dividends From Amazon Mechanical Turk

Here is a cool way to gain dividends every single day without much effort. All it takes is consistency and barely any time at all. This isn't for everybody, but for those of you disciplined and interested in personal finance and are believers of compounding interest, this is for you.

Amazon Mechanical Turks is a platform that allows researchers to gather data by paying money for each survey completed. Turk workers are people like me who have signed up to participate in these surveys and make money doing so. Most of the surveys you will qualify for will be the ones paying anywhere from $0.01 to $1 per survey, but for the outliers, the bigger bucks which range from $2 to $20 are there.

My goal is to increase the surveys completed, which also increase my efficiency rating, so that I can eventually get approved for the bigger surveys. Also keep in mind that if a survey takes too much of your time, just return it and move on to another one that takes less time. Time is money. So you want to take the surveys that, although pay way less, compound faster due to the speed at which they are completed.

This is what I do. Every morning when I wake up, I make sure to fill at least 1 $0.40 to $0.50 survey. Ideally, I'd like to get that up to $0.9 to $1 but time is money and so you want to spend as little time as possible per survey to maximize the results. The minimum threshold for withdrawal is $1 and I make sure that my payout settings is set to every 3 days. Every time I fill the quota, I get paid directly to my bank account (which I set up prior). As you can see from the image, I have already generated $20 from doing 1 to 2 surveys a day and I only started last month. If you compound the amount of money you generate, and you don't spend a dime of it on stupid things, you can save up a chunk of change to invest with later.

The goal for what I'm doing with this money is to buy a car to flip that I can negotiate down from $1,000 and for a car that has the ability to net me $2,000 from a Kelly Blue Book value standpoint. Check out the roadmap for this quarter by clicking here

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