Robo-advisors are diversified investment accounts that are automatically managed by a computer algorithm (as opposed to a human money manager). If you want to invest, but don’t have the money, or don’t want to invest with a money manager, robo-advisors are for you! Robo-advisors make investing easier—and cheaper—so they’re perfect for new investors.
If you have a good idea for an app, and the skills to create it, then producing your own premium app can be profitable. However, with so many free apps available, it may be hard to convince people to pay. If you want to go down the premium app route, consider having a basic free version to encourage people to download the app in the first place. You can then provide the option of upgrading to a premium plan once users realize how useful the app is.
Some of the best things in life are free and market researchers love to hand out new products in exchange for consumer feedback. If you like to try new products and have the opportunity to try them out for free, do some research and find the market research companies that offer products you desire to try. You can join campaigns and they will send the products or coupons to you to test them and provide feedback. You will generally have to fill out surveys and provide written reports based on your opinions. You will get to keep the products and they will sometimes even send you a monetary gift as an offer of thanks for doing the work.