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With 2020 just a couple of days away, many of us have started to think about our resolutions and goals.
This could be the time for you to get started on 20 Cogs and get yourself off to a good start by making a nice lump sum.
20Cogs pays you for signing up to competitions, offers, games or surveys. It is similar to OhMyDosh but with a fun twist.
Rather than payout each time you complete an offer, you’ll get a big payout once you have completed 20 of them. Hence 20 Cogs.
Some are competitions or surveys. Others are signing up to a trial subscription and there are even some freebies on there too.
To get access to some offers you made need to make a payment, but the money you make by completing all the offers will more than cover your costs.
It is possible to make over £200 for each round of 20 that you complete. The most common payouts that I have seen are around the £100-150 mark, with an expenditure of around £20-30.
How much you make depends on the offers that you choose. If you go for the higher paying deals then obviously they will give you more money in the end. But you may need to pay more to access these in the first place so choose wisely.
Another great way to boost your earnings is to refer your friends. You’ll get 5% of what your friend earns FOREVER, on top of a £20 bonus when they complete 20 Cogs.
You can really boost your earnings this way, so get a group together and encourage each other to finish and you’ll be rolling in it.
The best way to approach it is to sit down and work your way through all the offers. If you dedicate a morning to it you should be able to get through nearly all of them.
You must wait for the offer to be confirmed which can take up to 45 days. I recommend taking screenshots too, in case anything doesn’t track and you can send them to 20 Cogs as proof.
Once all offers have switched from “pending” to “confirmed” (or from orange to green), you’ll be able to request your payout.
For each cog, you’ll be given a selection to choose from. You’ll be able to pick the one that you want to do.
If there is one you don’t like then choose something different. If you don’t like any of them then it is worth waiting a couple of days to see if something new shows up. It often does.
20 Cogs has a Trustpilot rating of 4.4 out of 5 and has paid out nearly £2million to its members so far. They are definitely safe.
But I would still recommend exercising some caution around some of the offers. You will get taken to third party sites, so use a specific money-making email address and read the T&Cs to make sure you know what you are signing up for.
If you sign up with 20 Cogs today, you’ll get a £5 welcome bonus in your pot. Get started on the offers now and you’ll get your New Year off to a fantastic start.
Disclaimer: Remember the information you read here does not represent advice. Any ideas or suggestions are just that and may not work for you. Read the full disclaimer here.
Looking After Your Pennies is an eco-friendly personal finance blog written and managed by Charlotte Jessop.
I write on a variety of topics including frugal lifestyle, eco-friendly living, money making ideas and generally how to make your money go further.
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