1. Acorns – Invest for the future
In many cases, it is said that you have to spend money to earn money. In essence, you have to spend a few cents more on your daily purchases for the possibility of earning quite some more. Acorns help you do that automatically. Once you link your favorite card to your Acorns account, the app will automatically check every purchase and round up the price you have paid. For example, if you spend $5.50 somewhere, the price will be rounded up to $6. Where does the $0.50 excess go, though? Acorns automatically invest it in various portfolios curated by experts. For you, it means just a few extra cents paid, but, at the same time, investing without any headaches or interruptions to your overall money flow. Price: Free (In-app purchases start at $3)
Smooth UI Invest for your kids No hidden charges
No significant cons
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2. Sweatcoin – Make money on the go
Going around on foot is a healthy thing to do. Just five minutes of walking each hour will have a lot of benefits. How about earning alongside making your health a bit better? Sweatcoin can help you with that. With over 308k installs on the App Store, it is one of the most popular fitness-related apps around. It does what it says on the tin – you get paid for walking. The more steps a day you take, the more points you get. It is as simple as that. Points you collect can be exchanged for discounts or even free goods via the Sweatcoin marketplace. They also create auctions where users can bid on a bigger prize, and whoever bids the most points wins. Recently, they introduced the Sweat Wallet, where your points from the Sweatcoin app are converted into SWEAT coin, a cryptocurrency, meaning that you can start dabbling in the crypto community by simply walking around. Price: Free (In-app purchases start at $0.99)
Utilitarian gift cards Data privacy
Some users reported inaccurate calculations
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3. Honeygain – Effortless tracking
Honeygain is a passive income app that uses unused internet bandwidth and rewards you in exchange for it. As it is a passive income application, you do not need to do anything active in order to earn. What you have to do, though, is create an account and install the application itself. It does everything without your interruption. The bandwidth shared with Honeygain is used for various neat purposes, such as ad verification, brand protection, price aggregation, etc. It will not earn much money, but it may cover smaller expenses. Like Sweatcoin above, Honeygain struck a partnership with the micro-tasking platform JumpTask some time ago, meaning that you can use the partner service alongside Honeygain itself to gain crypto directly by sharing your unused internet bandwidth. How much you can earn can not be exactly calculated. The earnings depend on your geographic location. More traffic goes through those users in locations with a higher demand for traffic overall. It changes depending on the needs of Honeygain’s network. Price: Free
Unlimited earnings Convenient UI
Limited payment gateways
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4. Current Rewards – Unlimited music
Current Rewards (known as Mode Mobile for those Android users who wandered into this section) is an app that pays you to listen to music. Because people spend 18 hours a week listening to music, this app can be a good earning option. This app offers over 100,000 different stations from all over the world, with different music genres for each taste. Since these stations act like traditional radio stations, you will not be able to skip songs, and an occasional ad may appear that you will have to sit through. Despite the drawbacks, it is a great alternative to paid music subscription services such as Spotify. Instead of paying for the opportunity to listen to some rock music, you get paid instead for listening to it. If you are the kind of person who takes their AirPods everywhere and listens to music for most of their day, Current Rewards is great to monetize this habit. After all, you would be listening to music either way, so why not make a few bucks doing that? These four apps are completely free to use and, obviously, are available on the Apple App Store. Reviews indicate that the services these apps provide are completely legitimate and safe to use. Monetizing your everyday activities is easy, especially when things you can monetize are the things you probably do every day either way. Price: Free
Free Listen to music offline
Not very rewarding for users
Download Wrapping up! That was our list of iPhone apps that can help you generate passive income. If there are any other finance-related Apple topics you’d like us to cover, please let us know in the comments. Read more:
Best personal finance apps for iPhone and iPad Best Finance Apps For Apple Watch What is Apple Pay Later, and how will it work
