Spare5 promises to be a platform where you can generate cash in your free time by performing small tasks.
But is Spare5 a fraud, or could it be a legitimate platform that genuinely works?
Let me first say that it’s a legitimate platform, BUT this doesn’t mean it’ll always be a great way to generate some cash online.
To figure out if it is, you have to learn all of the details about precisely how it truly works and exactly what you can expect.
If you’re like most of my readers, you came across Spare5 for one main reason:
You want to make more money than you currently make, ideally by leveraging your existing resources.
Maybe you’re even looking for a quick turnaround on some of your cash instead of waiting years or decades for it to compound.
Well, you’re in good company – who wouldn’t want all of that?
There’s one thing you need to watch out for though: legitimate scammers.
The idea of making 10X on your money in a day is obviously something that would entice anyone, so it naturally attracts a lot of bad actors into the financial products space.
But for purposes of this review, let’s assume these people had the best of intentions.
Even with the most sophisticated systems out there, most experts barely manage to get it right 10% of the time…
Obviously, there’s an argument to be made that 1 winning bet can outshine 10 losing ones…
But if you mess up and miss a trade even one time, your month can quickly turn sour.
Suffice to say; there’s a whole lot of stress & uncertainty.
Now don’t get me wrong, it doesn’t mean you’re guaranteed to lose money. I’m just saying that you need to be aware of what you’re getting yourself into.
But what if you could build a different income stream and start seeing profits within your first few days?
I’m talking about a system that doesn’t require:
- Obsessively checking your phone and charts
- The emotional turmoil of loss after loss, waiting for that win
- Glorified gambling
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it without spending every waking hour watching for alerts and pouring over charts?
If that sounds interesting, you might want to think about becoming a Digital Landlord.
If you wanna see what Spare5 looks like on the inside, keep reading.
What Is Spare5? How Does It Work?
Spare5 is a data enrichment company that contributes to AI and machine learning systems. That isn’t necessary for us; we need to know that Spare5 needs our assistance in evaluating the information or producing patterns for machine learning.
This data is turned into tasks accessible across the Spare5 iOS App and website. The app is not yet available for Android users. They pay weekly on Friday through Paypal if you have more than $1 in your account. The idea is to allow you to turn your idle time into money.
Spare5 Review – Earn Extra Money In Your Spare Time
Signing Up: To get going with earning on Spare5, you can register using this link. You can join using your Facebook, Linkedin, Google, or email account.
Spare5 Dashboard: After registration, you’ll be able to see your dashboard, which will look like the picture below. Because you are new, you may encounter a lot of qualifiers at first; if you get through the qualifiers, you will have access to jobs that are easily accessible. It’s preferable if you completed the qualifiers thoroughly; although there is an option for retaking the qualifiers, you may not always be given the opportunity.
Here are some of the most important tabs on your dashboard:
Upcoming: These activities might be up for grabs in 24 hours, so you can make time and be ready for the job.
Available: The tasks that are still available for yourself, and you can finish them to generate money!
In Review: After you are doing a certain number of tasks, Spare staff reviews your respective tasking quality. All those jobs which are being reviewed can be discovered in a tab. You must keep the quality so you can maximize your earnings.
Completed: The activities which you’ve just recently completed
Unavailable: These tasks are inaccessible to you because either you’ve failed to qualify or the caliber of tasking in that specific task was not satisfactory.
Spare5 XP System: Spare5 recently unveiled their XP system, meaning that you can receive experience points every time you do a task based on the group of tasks. There are around six types of tasks. The more you get points, the more tasks you will be offered, according to Spare5. However, everybody has an equal chance to grow, similar to a game. Again, it claims that quality is vital, so the points are revoked if there appears to be any compromise on the caliber of tasking.
How To Become A Member?
Anyone can sign up as long as they have:
- Internet access
- iPhone or a computer
- Paypal account (since this is the sole payment option at the moment)
Why Can’t I Get Tasks On Spare5?
The jobs are sometimes demographically centered on the country and gender and substantially reliant on the client’s demands. The ability to do tasks with great precision is perhaps the most important factor.
Simply passing the qualifier isn’t enough; you have to continue the top-notch quality to keep on tasking as your answers will be assessed occasionally, and when the quality is inferior, you might lose a chance to access the tasks. Finally, complete all of the qualifiers you see in your dashboard as you don’t know when the available tasks will begin coming for it.
So, continue working truthfully so you will not stay in a scenario of lacking tasks.
Spare5 Strategy And Tips To Earn Money
Please complete all of the qualifications that you are given. Individuals are prone to neglect many of them and then complain about not receiving chores. Qualifiers won’t be there for long as well, so you should complete them as soon as you see one.
When you begin a task, try to complete it in one sitting without taking breaks. If you see a task and want to undertake it immediately, the task may not be there as others will be completing it simultaneously. It’s on a first-come, first-serve basis.
Attempt to attain higher levels; I’m certain Spare5 has some great plans with the level system they’ve implemented recently.
Please don’t cheat by opening several accounts. You’ll undoubtedly be banned as learning of multiple accounts for one person won’t be hard for Spare5.
Lastly, spread the word about Spare5, and ask a lot more people to join Spare5 through your link. You can generate up to $20 if your referral earns about a hundred dollars within the first month. So guide your invitee through the task list and help them comprehend the platform. Also, your referrals can get up to $10 in case they register under you. Thus, it’s a win-win situation for both of you. With these, you can achieve your online money-making goals.
How Is Spare5 Able To Give Me Free Cash?
Spare5 may pay you because they get money from other firms and marketers for each minor activity you do. Companies leverage the solutions you provide to improve their services and products.
Rather than keeping this cash to themselves, Spare5 offers a percentage of it to you for being an active participant. Not only are you making extra cash, but you are helping with improving the products or services for consumers daily.
How Much Money Can I Make With Spare5?
The bulk of the tasks on Spare5 is brief. So don’t expect to spend more than a few seconds on each one.
This is because Spare5 wants to generate info without you having to invest a great deal of time or using a ton of data (if you’re on the go).
I consider that most tasks have a payout rate of around $0.01-$0.20. Sometimes, I’ll see one that pays as much as $0.50. In an ideal society with infinite tasks, this might build up to more than the minimum wage each hour!
I discovered that you could make a rate of anywhere between $8-$12 per hour. Remember that this particular total is my best estimate and might not be accurate. Also, since this is an international money-making app, it can vary if you are from another country.
For those who are incredibly energetic, completed quality bonus tasks, and earned lots of experience points or maybe XP, I have heard it’s not hard to earn around $15 per hour. Once again, this is for much more active users.
Earnings are paid out automatically once you reach the minimum payout every Friday to your PayPal account. When you initially signed up, you would’ve been prompted to link your PayPal Account.
Are There Any Alternatives To Spare5?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Is The Spare5 App A Scam?
Alright, time for the $1,000,000 question: is Spare5 a scam?
No, not technically. You can 100% make money with it, but it’s not NEARLY as simple as Spare 5 wants you to think it is.
You need to understand that you are taking a very big risk with financial products.
So while it’s entirely possible that you hit the big leagues and retire to a vineyard… the path to get there is so stressful that it might just shave a decade off your life… IF you even get there.
A friend of mine actually writes advertisements for one of the largest financial program advertisers in the world… so believe me when I say that most of the numbers they use in their ads & landing pages are borderline false.
What they conveniently leave out are the dozens of losing bets and trades that came before the big win you’re reading about.
Now, most people don’t have the emotional bandwidth to stick out 3 months of back-to-back losses before (hopefully) getting a big win.
I’d rather use that 3 months of work (in my spare time) building Digital Rental Properties, and then collect a handful of nice little $500-$2,000 checks every single month afterward (AKA passive income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
You can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is a laptop and an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
My #1 Money-Making Strategy In 2022
I’ve personally tried all of the major online business models:
- I’ve traded crypto & purchased a bunch of fancy “insider stock tip” newsletters
- I’ve sold fidget spinners through Amazon FBA
- I’ve dropshipped a toilet bowl putting green on Shopify (pic below)
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
1)Time: You can do this if you’ve got a spare hour or two each day. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) You Own & Control EVERYTHING: When it comes to the markets, nothing is in your control. You have zero influence over market-shifting macro-economic trends.
The number of people that have ACTUALLY beat the market consistently can be counted on one hand.
Why pour your soul into a business that you really have zero control over?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
3) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income in the markets, you would need to make twice as many winning trades or double your profit on each trade. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
4) Make Money Helping Real People: When you make money in the markets, you’re not really helping anyone but yourself. There is a loser on the other end of that trade.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other programs like Spare5, which might make you money if you luck out.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.