Beating Broke

1Q App Review: Get This Extra Money App (Updated for 2024)

January 1, 2024 By James Hendrickson Leave a Comment

Between declining real wages, naggingly high inflation and escalating real costs for housing and medical care, a lot of people are looking to build extra income. With the growth of mobile technology, we now have various mobile apps that offer an opportunity to make extra money in a time efficient way. The 1Q app is one of these apps that is currently becoming a popular choice. In this blog post, I will take you through an in-depth review of the 1Q app, outlining how it works and its benefits.

This review is largely based on my personal experience with 1Q. During the covid-19 pandemic, my income crashed. So, I had to find alternative ways of making extra money. So, what I did was experiment with survey apps. I tried about ten of them. Of these 1Q was one of the winners. And is one of the few I consistently use. The overall verdict is 1Q is a good value for the time you spend answering questions – however its limited in the overall amount of money you can earn from the app.

1. What Is The 1Q app?

1Q, or 1Question, is a mobile-based survey app that pays you in real-time for answering brief surveys. With one question popping up at a time, it takes no more than a few seconds to respond to each query, making the entire process very easy and convenient. You earn about $0.25 cents for each question you complete, and payments are made immediately. Unlike other survey apps that take many days to pay, 1Q credits your PayPal account in approximate real team. There also aren’t any minimums. If you just answer one question – you get the $0.25 cents right away – no minimums.

2. How Does It Work?

To use 1Q for making extra money, you first need to download the app from either the Google Play Store or Apple Store. After that, you must create a profile and answer a few questions that help the app connect you with surveys that match your interests. Once your profile is complete, you will begin to receive notifications to take surveys. You can find the Google Play Store here, and the Apple Store here.

Per Crunchbase, the app is owned by an Atlanta based market research company called 1Q, LLC (here). Their business model is they basically maintain a panel of people who are interested in answering questions. The app then works with companies to get feedback on their specific brands or products.

3. Benefits of Using 1Q

There are plenty of benefits of using 1Q app. Firstly, it is simple and quick, taking no more than a few seconds to complete a survey. Secondly, you earn money in real-time, making it a great option for people looking to make extra cash quickly. Unlike other survey apps which pay via PayPal, 1Q credits your account directly, ensuring you receive your cash instantly.

The app is also lightweight and doesn’t impact your phone’s performance or battery life.

4. Downsides of Using 1Q

Although 1Q is an excellent way to make extra cash, it also has some downsides. Since the app only allows one survey at a time, there is a limit to how many surveys you can complete in a day. This means that you cannot depend solely on 1Q for earning an income. You also need to have a PayPal account to withdraw your earnings since the app does not support any other payment options.

5. What Other People Say About 1Q

Lastly, some users often complain of not receiving many surveys, depending on their demographics and interests. Here is a screenshot of one of the reviews from Trustpilot:

1Q app review example from Crunchbase, accessed October 15th, 2023.

There several reviews of 1Q on YouTube. Here is an exemplary one – it pretty much outlines the same things this article is discussing. The app is solid and pays well – but doesn’t pay a lot.

6. Who Should Use 1Q?

Who should use 1Q? Pretty much anyone whose income situation would be helped by a high compensation per question survey.

Most survey apps pay a terrible rate. In some cases they translate to an hourly rate of between $5 and $10 per hour. This is substantially less than minimum wage and is frankly depressing. Since 1Q pays an excellent rate per question its a good way to make money on the side. So, this means its probably a nice way to boost your cashflow for anyone whose income is say, below $60,000.

It works in North America only, so you have to be in the US and Canada to use the app.

You can get it here, or click on the button below.

Get 1Q And Start Earning Now

Conclusion – 1Q Pays Well, But Isn’t A Replacement For Your Day Job

In conclusion, if you are looking for a convenient and quick way to make extra cash, 1Q app is a good option to consider. The app is easy to use, and you can start earning immediately after downloading it. Although its challenging to generate substantial income using 1Q alone, it is still an excellent way to supplement your income. With its real-time payment, it can be a helpful tool for anyone looking to pick up some extra cash.

Here Are More Great Reads From Beating Broke

Four Ways To Find Extra Money To Put Towards Your Debt

Is A Side Hustle Worth The Sacrifice To Your Family?

Money Is A Finite Resource, So Take Care Of It

There Is No Ideal Time to Contribute to Retirement

December 28, 2023 By MelissaB 6 Comments

“Do you really think you should be voluntarily putting money into your retirement account? It just seems like there are so many other things you could be using the money for right now. Why don’t you wait to contribute to your retirement until you get more financially stable?”

Recently, I was lamenting our financial situation to a good friend. I just had a dental procedure at a periodontist, I was just told my 6 year old has 8 cavities (that’s another story) that will cost $400 out of pocket to fill, and that my 10.5 year old will need braces to the tune of $5,000 or so.

Add on top of that the fact that our car has 150,000 miles on it, and we refuse to borrow for a new one, and well, I’m looking at a lot of financial stress.

Still, these expenses don’t have to be paid immediately. I’m saving money every month for a new-to-us car when our old one finally gives out. I may be able to wait a bit to get my son braces.

I just wanted to vent a bit to my friend and express my frustration.

I was really surprised by her answer. She simply couldn’t understand why we would contribute to our retirement when we have so many impending expenses.

Yet, as Tracy Chapman sings, “If not now, then when?”

There’s no good time to save for retirement.

You could always use the money for something else.

When my husband and I were newly married 14 years ago, I made a little over $30,000 a year. We lived in the suburbs of Chicago, which wasn’t cheap. My husband was a graduate student and didn’t work. We were flat out broke.

And my employer had a mandatory rule that 8% of my gross income would go to my retirement savings.

I HATED that rule. There were so many other things that I could have used that money for, but I had no choice.

Eleven years later, when I left the job and walked away with 11 years of retirement savings at 8% of my gross salary plus an equal match by my employer, I was ecstatic that I was forced to save for retirement.

Now, my husband is working for an employer who has the same rule, and we’re happy that 8% of his gross salary goes to his retirement account.

We’ve learned our lesson so well, in fact, we are also contributing to our Roth IRA even though money right now is T-I-G-H-T.

But really, for most Americans, money is almost always tight.

I would rather scrimp and save now, while we still have many working years left before retirement than scrimp and save during retirement, constantly worrying if I had enough money to last me until the end of my life.

So, no, my well-intentioned friend, I don’t think I should stop contributing to my retirement. In fact, there’s no better time than now to save for retirement.

Oh and incidentally, if you are reading this and thinking about early retirement its important to consider the non-financial aspects, such as…what will you do with your time?

If not now, then when?

Do you continue to contribute to your retirement when facing large expenses, or do you wait to contribute until your finances improve?

Dave Says: It’s a Credit Card Addiction

December 15, 2023 By Dave Ramsey Leave a Comment

Dear Dave,

I think my mother-in-law has a serious credit card problem. She can’t afford stuff, but she shops anyway, chalks up more and more debt, acquires more credit cards, and thinks she’ll pay for it all later somehow. Her ex-husband has bailed her out a few times, but he’s unwilling to help anymore. My wife and I, and my wife’s sister, want to address this issue, but we’re all worried about her reaction, and we don’t know where to start. Do you have any advice?

Randall

Dear Randall,

First, everyone involved should understand they’re likely to receive an angry response from this lady if she’s confronted over her actions. Sometimes people get ticked off when they hear the truth, especially when it’s connected to their own misbehavior. It may even be a good idea for your wife and her sister to get some advice from a family counselor beforehand. Really, what we’re talking about here is an intervention.

Also, you need to stay out of the discussion. This is something for her daughters to handle. Support your wife and her sister through it all, but if you’re in there asking questions and probing around, you’re liable to come off as the evil son-in-law. And you folks don’t need to add any more problems to the mix.

They need to sit down with her in a quiet setting, one where there are no interruptions, no television and no one else. Start with the fact that they love her and care about her deeply. That’s very important in a situation like this. But they also have to walk through what’s really going on, and let her know they’re tired of watching her destroy herself, and her finances, with her irresponsible behavior.

If she had a drinking problem, you’d want to try to make her see how alcohol was hurting her and the relationships she has with her family. In this case, she basically has a credit card addiction. And it’s wreaking havoc on her financial well-being and people who care about her.

So, show as much love and understanding as possible. But someone needs to say something soon.

— Dave

* Dave Ramsey is an eight-time national bestselling author, personal finance expert and host of The Ramsey Show. He has appeared on Good Morning America, CBS This Morning, Today, Fox News, CNN, Fox Business and many more. Since 1992, Dave has helped people take control of their money, build wealth and enhance their lives. He also serves as CEO for Ramsey Solutions.