Friday, 24 December 2021

Top 12 Ways to Get Paid to Sleep

The post Top 12 Ways to Get Paid to Sleep appeared first on Millennial Money.

If you’ve ever spent restless nights worrying about money, this guide is for you. In it, we’ll disclose the best ways to get paid to sleep.

Talk about killing two birds with one stone!

So whether your dream job is professional napping or testing sleep products, read on! We’ll even include a few passive income ideas you can use to get paid while you sleep!

How to Get Paid to Sleep on the Job

  1. Mystery shop at hotels with Coyle
  2. Apply for Sleep Standards
  3. Find sleep studies on Craigslist
  4. Find caretaking jobs on Care.com
  5. Take a sleep study with NASA
  6. Be a pro napper through EachNight
  7. Work as a mattress tester for Sleep Junkie
  8. Invest in stocks
  9. Dabble with crypto
  10. Publish a book through Amazon Kindle Direct
  11. Buy REITs through CrowdStreet
  12. Launch a YouTube channel

1. Mystery shop at hotels with Coyle

Coyle is a market research company that provides consumer feedback to its hospitality clients. As a Coyle Mystery Shopping Evaluator, you can get paid to sleep by staying at hotels and reviewing them. 

You’ll have to share detailed feedback about your experience such as how comfortable your mattress was and whether or not the staff was friendly.

To work with Coyle, simply sign up and wait for opportunities in your area. The company will pay you for your time and reimburse your expenses. You can also get paid to be a mystery shopper at restaurants, cruises, spas, health care institutions, and luxury retail shops.

2. Apply for Sleep Standards 

Sleep Standards studies how environmental factors cause sleepless nights. The company is currently searching for one lucky person who’ll receive up to $2,000 to participate in a five-night sleep study. 

According to the company’s website, at least one of these nights will be in a 5-star resort. Each night, Sleep Standards will adjust the environment of your sleeping place (e.g., the temperature and the amount of light in the room).

The company will then ask you to rate your environment on a scale of 1-10 and write a report about your sleep experience each night. Not a bad tradeoff, if you ask me.

3. Find sleep studies on Craigslist

At first glance, Craigslist may not seem like a likely place to find paid sleep opportunities, but they definitely exist. 

Local universities and sleep centers often post ads on Craigslist looking for people who want to take part in studies and clinical trials. You can make money taking naps, trying mattresses, and testing environmental conditions and products. Companies may also be willing to pay you simply to study your sleep habits.

As an example, a research team may want to analyze your sleep patterns at various noise levels or different temperatures. And if you have a condition like sleep apnea, you may be able to increase your earning potential. 

4. Find caretaking jobs on Care.com

Care.com is the number one site for landing babysitting and pet care gigs. You can also find house-sitting gigs and opportunities to care for older folks. 

Look for overnight gigs to maximize your paid sleep earnings with Care.com. For example, if a child’s parents are going on vacation, you can get paid to watch their kids at home, including when everyone is sleeping. 

Many pet owners prefer to board their pets at home when they go on vacation rather than at a kennel. As such, you can get paid to sleep at these pet owners’ houses while their year-old pup sleeps in his crate. 

Never forget that time is money. So even if the person or pet you’re caring for is sleeping, you should still be getting paid for those hours. 

Whatever you do, just be ready to wake up quickly when your puppy, baby, or even Granny needs to use the bathroom. 

Expired Sleep Studies That May Come Back

Although these sleep studies have expired they may come back so keep them on your radar.

5. Take a sleep study with NASA

NASA is continuously studying how the body adapts to weightlessness. This is important research for space flights and extraterrestrial exploration. 

In the past, NASA was looking for candidates willing to participate in long-term bed-rest studies. This involves spending one or two months in bed

Two months is an awfully long time to spend lying down. But if you’re willing to go full-blown Rip Van Winkle for some cash, then it’s worth looking into. 

Do you speak German? If so, the German Space Agency (DLR) is launching a similar study.

6. Be a pro napper through EachNight 

EachNight is a popular website that focuses on sleep research and mattress reviews. 

Recently, the company hired five nap reviewers to participate in a variety of sleep experiments. This study’s goals included determining optimal nap durations, understanding the effects of napping on fatigue levels, and finding out how sleep affects memory, productivity, and motivation. 

Participants were eligible to receive $1,500 at the end of the testing period.

Unfortunately, the deadline for applications ended on June 30. Be sure to check in with the company for updates, because another study could pop up soon.

7. Work as a mattress tester for Sleep Junkie 

Sleep Junkie is a leading online resource for people who love sleep. The company offers mattress guides, sleep product reviews, and occasional paid opportunities. 

In June 2021, the company was searching for one lucky Sleeping Beauty to test and critique top-rated mattress companies. 

Here’s how it worked: The company sent the lucky candidate three mattresses over a two-month period. Sleeping Beauty’s job was to test all three of them and provide insights about sleep quality and comfort level, among other things.

At the end of the testing period, the Sleeping Beauty was able to keep one of the mattresses (a $1,500 value) and receive $3,000. Talk about a dream job. 

If this opportunity sounds awesome, it might be worth proactively contacting Sleep Junkie to see if they plan to run the program again. The requirements were straightforward: You need to be a self-starter, available to work immediately and have strong English writing skills. Of course, it also helps to love sleep.

Passive Income: The Ultimate Way to Get Paid While You Sleep 

A more scalable and sustainable way to earn money while you sleep is to create a passive income stream — or several of them. By taking this approach, you’ll invest either time or money and then sit back as the dollars roll in passively. When your head hits the pillow at the end of the day, you’ll still be raking in profits. 

8. Invest in stocks 

There really isn’t a better way to earn money while you sleep than to invest your cash into stocks and ETFs. Instead of breaking a sweat yourself, let the market do the heavy lifting.

When your money is in the stock market, it’s working for you day and night without any effort from your end.  

If you don’t already have a brokerage account, some of the more popular ones to check out are Schwab, Vanguard, Fidelity, TD Ameritrade, and E*TRADE. 

9. Dabble with crypto 

Investing in crypto is risky, but the market operates 24/7. So you can both make and lose money while you sleep.

Coinbase is a top place to buy leading coins such as Bitcoin (BTC), Etherium (ETH), Dogecoin (DOGE), and Litecoin (LTC). 

10. Publish a book through Amazon Kindle Direct 

This one is for the aspiring writers out there. 

Kindle Direct is Amazon’s self-publishing service. Of course, you’ll first need to write a book to generate passive income, which is easier said than done.

Amazon pays up to 70% royalty on sales, and you retain full ownership of your work.

Who knows? Your book might become a viral hit.

11. Buy REITs through CrowdStreet 

CrowdStreet is a real estate crowdfunding platform for accredited investors (i.e., individuals that earn over $200,000 annually or couples that make over $300,000).

On the platform, you can purchase shares of commercial real estate property without the hassle of owning property directly. 

12. Launch a YouTube channel

YouTube is one of the best places to produce passive revenue — if you can create valuable content.

YouTube’s parent company, Alphabet, typically pays around $1 and $2 per 1,000 views. You can start producing revenue after reaching 10,000 views, and there’s a minimum payout threshold of $100.

Frequently Asked Questions

Here are the most frequently asked questions about getting paid to sleep.

Can you make a lot of money by sleeping?

Not really. While some of the above opportunities pay in the thousands, it’s extremely competitive to get those roles. You can earn a few thousand if you are very lucky, but most people will only make a few hundred at best.

If you really want to make money while you sleep, you need to generate passive income.  

Are paid sleep studies safe?

Sleep studies are usually safe. However, you need to be careful about looking for sleep studies on Craigslist because you never know whom you’re really dealing with until you get to the location.

The Bottom Line

If you love hitting the snooze button more than anything else in life, getting paid to sleep may be the perfect side hustle. 

You won’t make enough to earn a full-time income, but a few hundred extra bucks here and there never hurt anyone, that’s for sure. 

The post Top 12 Ways to Get Paid to Sleep appeared first on Millennial Money.



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December 24, 2021 at 07:30PM

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