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How Can You Actually Earn Money from Amazon Mechanical Turk

How Can You Actually Earn Money from Amazon Mechanical Turk

If you’ve always wanted to make money online, there’s a new sheriff in town: Amazon Mechanical Turk. Mechanical Turk is a great place to begin your search for online income for several reasons. First, Amazon is a reputable company, and in a sea of spammy sites promising get rich quick schemes, you can rely on them to pay you for your work. I’ve already gone through the process myself and made $6.00, so I can attest to the fact that you will receive your money as long as you follow the guidelines. However, as with any online venture, you should definitely weigh the pros and cons before deciding to open an account.

Pros:

1. Easy Set Up

If you want to set up an Amazon Mechanical Turn account, simply go to their website, find the section where it says “Make Money on HITS (Human Intelligent Tasks)” and sign up. It takes 48 hours for approval, but once you get it, you can immediately start making money. You can search for jobs in a variety of ways. I just look at the ones that are right on the homepage to start out just to get an idea of what is offered.

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2. You Can Work From Anywhere

Whether you are waiting on the bus, sitting in a doctor’s office, or hanging out in front of the TV, you can be making money with Amazon Mechanical Turk, as long as you have a computer (or tablet) with a wifi connection. You can access your account from any computer anywhere, which makes it really simple to quickly and easily rack up money.

3. It Has Flexibility

Mechanical Turk doesn’t require you to meet a specific earning threshold to keep your account open. You can also create your account and close it whenever you want to, so there are no strings attached. Complete tasks at any time of day or night. Your schedule is completely up to you.

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4. There’s No Limit

So far, there’s not an earning limit on Mechanical Turk. You can learn earn as much money as you want, as long as you are willing to put the time in.

5. There’s Not A Lot of Skill Required

While some companies that provide work on Mechanical Turk prefer people with certain backgrounds and skills, most don’t. So, you don’t have to complete a degree to be eligible to work. In fact, as long as you are over 18 and meet basic requirements, you should be able to set up an account relatively easily and earn money the same day.

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So, now that we’ve gone through all of the pros, it’s only fair that we weigh the cons.

Cons:

1. The Pay Is Not High

If you get paid over $1.00 for a competed Mechanical Turk task, that’s good. Of course, the tasks shouldn’t take you very long. Most of them range from a few cents to $0.25. So, you won’t get rich off of it, but you can definitely put in a few hours worth of work and save up to help pay for something you want, like a video game or a new book.

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2. You Can’t Quit Your Day Job

A lot of people work online jobs in hopes that, one day, they can quit their day job. While I’m sure it’s not impossible, it’s also not likely that you will be able to work solely on Mechanical Turk. Really, it’s just something that you can do in your spare time to supplement your income and help you purchase a few items that you want.

3. Not A Lot of Room For Advancement

With many online work opportunities, there is room for advancement with different perks opening up for different levels. With Amazon Mechanical Turk, you can complete various tests to be certified in certain areas, but as of right now, there are no specific rewards for completing a lot of tasks and doing them well.

4. Some Questionable Opportunities

One type of job I saw offered on Mechanical Turk was that people can get paid to click on ads on various websites. If this is for personal gain as opposed to business research for the people advertising this job, it is actually against Google’s terms of service. I’m not saying every person who advertises this type of job is doing something unsavory, but please do your research before completing certain tasks.

Ultimately, how much or how little you can make from Mechanical Turk is completely up to you. While it may not be beneficial to seasoned freelancers who are used to a higher hourly rate, it can definitely be great for college students or those who are currently unemployed to try to make a few extra dollars. With a focused effort and a strategy to pick only high paying opportunities, you can definitely make minimum wage with Mechanical Turk. In a down economy when jobs are hard to come by, I think it’s a great option to pad your monthly income and enable you to purchase a few things for yourself.

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Catherine Alford

Catherine is the go to personal finance expert for educated, aspirational moms who want to recapture their life passions.

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Last Updated on January 21, 2020

How to Develop a Millionaire Mindset in 6 Simple Steps

How to Develop a Millionaire Mindset in 6 Simple Steps

We all like to dream about being financially wealthy. For most people though, it remains a dream and nothing more. Why is that?

It’s because most people don’t set their mind to achieving that goal. They might not be happy in their current situation but they’re comfortable – and comfort is one of the biggest enemies of growth.

How do you go about developing that millionaire mindset? By following these simple steps:

1. Focus On What You Want – And Take It!

So many people are too timid to admit they want something and go for it. When there is something that you want to accomplish don’t think “I could never actually do that”, think “I could do that and I WILL do that”.

Millionaires play to win, not to avoid defeat.

This doesn’t mean to have to become a selfish jerk. What it means is becoming more assertive and honest with yourself. You don’t have to grab off other people. There is a big pot of unclaimed gold in the middle of the table — why shouldn’t you be the one to claim it? You deserve it!

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2. Become Goal-Orientated

It’s almost impossible to achieve anything if you don’t set firm goals. Only lottery winners become millionaires overnight. By setting yourself attainable goals, you will get there eventually. Don’t try to get rich quickly — get rich slowly.

Let’s take the idea of making your first million dollars and expand on what kind of goals you might set to get there. Let’s also say you’re starting at a break-even position – you’re making enough to get by with a few luxuries, but nothing more.

Your goal for the first year can be having $10,000 in the bank within a year. It won’t be easy but it is doable. Next, you need to figure out the steps you need to take to achieve that goal.

Always look at ways to make growth before cutbacks. With that in mind, you might want to see if you can negotiate a pay rise with your boss, or if there’s another job out there that will pay better. You might be comfortable in your old job but remember, comfort stunts growth.

You may also have other skills outside of your workplace that you can monetize to boost your bank balance. Maybe you can design websites for people, at a fee of course, or make alterations to clothes.

If this is still not enough to make the money you need to save $10,000 in a year, then it’s time to look at cutbacks. Do you have a bunch of old junk that someone else might love? Sell it! Do you really need to spend $10 on your lunch everyday when you could make your own for a fraction of the cost?

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If you are to become a millionaire, you need to start accumulating money.

Here’re some tips to help you: How to Become Goal Oriented and Achieve More in Life

3. Don’t Spend Your Money – Invest It

The reason you need to accumulate money is for step three. Millionaires tend to be frugal people, and that’s because they know the true value of money is in investing. Being your own boss goes hand-in-hand with becoming a millionaire. You’ll want to quit your regular job at some point.

Stop working for your money and make your money work for you.

Rather than buying yourself a new iPad, that $500 could be used to invest in the stock market. Find the right shares (more on that later), and that money could easily double within a year.

There’s not just the stock market — there’s also property, and your own education.

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4. Never Stop Learning

The best thing you can invest in is yourself.

Once most people leave the education system, they think their learning days are over. Well theirs might be, but yours shouldn’t be. Successful people continually learn and adapt.

Billionaire Warren Buffet estimates that he read at least 100 books on investing before he turned twenty. Most people never read another book after they’ve left school. Who would you rather be?

Learn everything you can about how economics works, how the stocks markets work, how they trend.

Learn new skills. If you have an interest in it, learn everything you can about it. You’d be surprised at how often, seemingly useless skills, can become extremely useful in the right situation.

Start developing the habit of learning continuously: How to Create a Habit of Continuous Learning for a Better You

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5. Think Big

While I advise to start off with small goals, you absolutely should have a big goal in mind. If you have a business idea, then that is your ultimate goal – to start that business and make a success of it. If you want to invest your way to millions of dollars and do little work other than research, then that is your big goal.

There is no shame in not achieving a big goal. If you run a business and aim to make $1 million profit in a year and “only” make $200,000, then you’re still significantly ahead of most people.

Aim for the stars, if you fail you’ll still be over the moon.

6. Enjoy the Attention

To be successful, you have to be willing to promote yourself and enjoy the attention to a certain extent. Now the attention doesn’t need to be on yourself, it could be on your brand, but attention definitely attracts money.

Never be embarrassed to get your name out there. That means finding a spotlight and being brave enough to step right up underneath it.

If you run a business, try contacting the local papers. You’d be surprised at how amenable they often are to running a story about you and your business, and it’s all free publicity.

Above all, remember: You control your own destiny. Push hard enough for anything and you’ll get it.

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Featured photo credit: Austin Distel via unsplash.com

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