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Ever tried searching on Google with search terms like “how to make money online” or “make money online fast”? We bet all of us did at some point in our lives. Multiple income streams have always been a favourite topic among Singaporeans since it has been proven to make people extremely wealthy. But some online money-making ways are either very complicated or only feasible in certain countries. Well, here’s a list of what we have found and tested to be working fine in Singapore. Some of these methods can earn you lots of money, while the rest give you small trickles of income AKA beer money.
Disclaimer: No affiliate links are present in this how to make money online guide. We make zero profit from any of these corporations. We genuinely want to spread awareness to some of this income streams but would greatly appreciate if you could give us a Facebook page like here.
A survey site which you can access on all platforms. There’s an app for it here (iPhone) or here (Android). Toluna is a mini community-based platform with the key function of phone devices being public polls and random surveys. You earn in the form of points every time you complete a survey and these points can be used to redeem attractive prizes, ranging from PayPal cash to Capitaland vouchers. Occasionally, polls also reward you with points too. The interesting thing about this platform is that you can create surveys yourself too, kind of like a free tool for social experiments where you can obtain a small pool of results on what people think about a particular topic or product. This produces fast instant survey results for your polls, without having to persuade people to do it through Whatsapp.
Recommended for: Teenagers who want to earn additional S$20+ a month or for adults whose primary objective is not to make money online but to gain opinions and perspective from other people in this community. Do note that Toluna takes up to 3-4 weeks to process your rewards once redeemed.
2. Travel Smart Rewards (TSR)
If you have not registered for this site, you have already lost potentially hundreds of dollars of travel expenses for the past few years (Us included, unfortunately). Travel Smart Rewards is currently closed for registration but fear not, it is coming back in April 2017. Do keep a lookout for them. TSR is sponsored by LTA and is also in partnership with Transit Link. It is a good movement initiative to promote and encourage Singaporeans to take more public transport specifically during decongesting periods by giving you free cash.
How does it work? All you have to do is to sign up with your EZ-link card. We are serious. Your TSR account automatically earns points for every kilometre of MRT travel, and there are several multipliers if you travel at decongesting periods such as 6.15-7.15 AM or 8.45-9.45 AM. TSR also offer additional multipliers to corporate companies who want to reward their employees for commuting during the decongesting periods. You may get your HR department to contact them to work out a scheme. Lastly, you can also earn points by playing their new game called The Ride One.
How to Redeem Points
Two ways: Either play safe (not recommended since 1000 points = S$1 only) and redeem points straight for cash or take a chance. We strongly recommend you to play the mini-game instead as the likelihood of winning big EZ-link cash is so much higher (S$1-200 each time). If you are lazy, you can even opt-in to let the AI play the game for you. All you have to do is to check your email. From there, you can check how much winnings you get on a regular basis. [Update 25/5/2017: This is now replaced by a Special Offers tab, do not play the game!]
To redeem your winnings, just head down to any Add Value Machine (AVM), place your card on top of the reader and hit TSR Rewards. Note: AVMs are the purple machines you see out there where people seldom go to, the usual ones we top up our cards with are called Ticketing Machines.
Recommended for: Anyone who has an EZ-link card and a brain. If you are interested in saving various amounts of travel expenses every month with minimal effort, this is the way.
Making money, or rather, saving money on TSR isn’t that great anymore. It is unknown to Guidesify whether TSR will revert some of its old features to make its platform attractive again. Nevertheless, every cent counts and in this case, free money!
3. Website To Make Money Online
Feeling adventurous? This method is not for the weak-hearted and requires a lot of knowledge, skill and perseverance. With the success of sites like Goodyfeed, TheSmartLocal, SGAG, etc., people all over the world have thought of setting a blog/website themselves (just like us), making a name for themselves too. Breaking into this market to make money online is tougher than ever.
However, what is life without a little challenge? As long as you are able and willing to pick up these skills and write consistent quality content, it is almost guaranteed for you to achieve success in the long run. Do not focus so much on profits but readership and gaining social presence as a writer.
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Not Interested in Writing?
A website could be set up for other purposes to directly/indirectly generate revenue. Some people create websites to promote their own/other peoples’ local businesses and products/services. The possibilities of a site are endless.
Recommended for: Ambitious individual/small group who have a flair for writing or have an entrepreneur mentality. Must also be determined and creative with ideas to succeed. If not, picking it up as a hobby is fine too.