Make Money Online with Prolific Academic
If you are looking at ways to make money online in your spare time then you should try Prolific Academic. Prolific Academic crowd-sources participants to take part in academic studies. All of the studies take place online in the form of surveys. For each survey you complete, you will receive a payment.
Please note that the links in this post contain my referral code. This means that if you should sign up using my code, I may receive a small payment if you earn and cash out. This does not affect the amount of money you can earn with Prolific Academic and you too will receive a referral code to pass on to family and friends.
Join Prolific Academic For Free
You can sign up using your email and phone number or your Facebook account. You will then receive an email asking you to verify your account.
You will need to answer a few demographic and eligibility questions and you will be good to go.
Never Screened Out
The thing I really like about this site is that you are never screened out from a survey.
You complete pre-screening questions at various times when you log in to the site. For example, I have been a member for over year and there are still questions to answer every now and again. When you are logged in and a study appears, you are guaranteed this study, unless it fills up before you select it.
How do I get Paid?
Payments for studies vary dependent on the time the study takes, but equate to an average of around £5 per hour, although I have been part of studies that were £4 per hour and one that was £7.50 per hour. Before you start a study, Prolific Academic provides you with all this information. You will know how long the study should take and how much you will receive for completing it. It is completely transparent.
You can cash out once you have earned £5 but this will incur fees. Payment is available via Paypal (with fees) or Circle and if you wait until you have earned £20 before you cash out you can avoid fees. I have recently signed up to Circle so that when I do cash out there will be no fees to pay.
Types of Studies
I have taken part in many studies and they are all different. Some are mathematical, some are psychological but they are all really enjoyable.
I tend to do my studies on my laptop but they do have some studies that you are able to be complete on a tablet or mobile phone.
How much can you earn?
The amount you can earn really depends on how many surveys you are eligible for and how often they are available. I earned around £40 last year but I was rather lapse in logging in. This year I am making a concerted effort to login daily and there are 1 or 2 surveys usually waiting for me each time. I can only log in during the evening but studies can appear at any time of the day.
Login Regularly to Make the Most Money
To earn the most money you need to login regularly. Any surveys you are eligible for will appear on the studies page. Studies can appear at any time and I use a free Chrome plugin called Page Monitor. This means that I can have Prolific Academic open in the background whilst I continue working on my laptop. If a study becomes available, Page Monitor will give me an audible and visual notification.
Tracking My Earnings with Prolific Academic
In 2018 I am making an effort to log in every day. I haven’t always managed to do this but in January I earned £16.94. If I continue at this rate throughout the year, I could earn as much as £203.28.
I am keeping track of my earnings on this spreadsheet. So if you check back you can follow progress. I update it each day.
The below image shows my account balance. I signed up towards the beginning of 2017 and earned around £40 by the end of the year. I didn’t log in every day though and missed out on more money. I have already made a quarter of the amount I earned last year in just the first month of this year.
Declare your earnings
An important point to remember. Any income that is earned, for example – by doing surveys or reselling etc, is subject to the relevant tax laws and must be declared.
Do you want to make money online?
If you are looking for an easy and fun way to make some extra money online in your spare time, then I can definitely recommend Prolific Academic. It’d be great if you signed up using my referral code.